Perella Weinberg shares soar after quarterly profit rises

Perella Weinberg Partners

31/07/2026 19:03

**  Shares of financial advisory firm Perella Weinberg Partners PWP.O jumps 18% to $17.62
** PWP posts Q2 net income of $6.3 mln, up from $4.3 mln a year ago, and revenue of $156.5 million, up 1% YoY 
** “Momentum continues to build across our business – the pace of our announced transactions has accelerated and our booked revenue plus announced and pending backlog stands well above the level this time last year," said CEO Andrew Bednar
** Three of four analysts rate stock "strong buy" or "buy" and one sell; their median PT is $20.5 - data compiled by LSEG
** Including session's move, stock up 3.4%



 (Reporting by Pragyan Kalita in Bengaluru)
 ((Pragyan.Kalita@thomsonreuters.com;))