WW International (NASDAQ:WW) Announces Earnings Results

WW International (NASDAQ:WW) posted its earnings results on Monday. The company reported ($0.58) earnings per share for the quarter, beating the consensus estimate of ($0.94) by $0.36, reports. The firm had revenue of $161.45 million during the quarter, compared to analyst estimates of $149.80 million.

Here are the key takeaways from WW International’s conference call:

• Clinical momentum — Company-reported Med+ and GLP-1 offerings drove strong growth (Q4 clinical revenue +32%), end-of-period clinical subscribers were 130,000 and management expects ~200,000 by end of Q1 (roughly 100% YoY on a comparable basis), with clinical ARPU over 4x behavioral and overall ARPU up 8% to $18.73.
• Balance-sheet reset — Weight Watchers eliminated over $1.1 billion of debt, reduced legacy debt by more than 70%, and exited 2025 with $160 million in cash, freeing capital to invest in product, clinical scale and marketing.
• Behavioral business pressure — Behavioral subscribers declined to 2.6 million in Q4 and are expected to fall to ~2.45 million in Q1 (≈26% YoY), with behavioral revenue down 17% in Q4 and management citing multi-year secular headwinds for Core.
• 2026 outlook & operating posture — FY2026 guidance targets $620–$635 million in revenue and $105–$115 million adjusted EBITDA, with marketing front-loaded (40–45% of spend in Q1), continued tech/product investment, and an expected meaningful use of cash in Q1.

WW International Trading Down 2.9%

WW International stock opened at $20.59 on Tuesday. The stock has a 50-day moving average price of $23.33 and a 200 day moving average price of $26.78. WW International has a 52 week low of $18.00 and a 52 week high of $46.95. The stock has a market cap of $205.67 million, a PE ratio of -3.55 and a beta of 1.30.

Analyst Upgrades and Downgrades

A number of equities analysts have issued reports on the stock. Zacks Research cut shares of WW International from a “hold” rating to a “strong sell” rating in a research report on Monday, February 9th. Weiss Ratings reiterated a “sell (d+)” rating on shares of WW International in a research report on Friday, January 9th. Two analysts have rated the stock with a Hold rating and two have issued a Sell rating to the stock. According to MarketBeat, the company currently has a consensus rating of “Reduce”.

Institutional Investors Weigh In On WW International

Hedge funds and other institutional investors have recently modified their holdings of the company. Geode Capital Management LLC raised its position in shares of WW International by 3.9% in the fourth quarter. Geode Capital Management LLC now owns 113,610 shares of the company’s stock valued at $3,321,000 after buying an additional 4,251 shares during the last quarter. Ameriprise Financial Inc. acquired a new stake in WW International during the third quarter worth approximately $623,000. Quinn Opportunity Partners LLC acquired a new stake in WW International during the fourth quarter worth approximately $1,010,000. Marshall Wace LLP purchased a new stake in WW International in the 4th quarter worth approximately $1,108,000. Finally, Cooper Creek Partners Management LLC acquired a new position in WW International in the 3rd quarter valued at $3,336,000. 86.18% of the stock is currently owned by hedge funds and other institutional investors.

WW International Company Profile

WW International, Inc (NASDAQ: WW) is a global wellness and weight management company that provides a range of subscription-based programs, digital tools and personalized coaching services. Originally founded in 1963 by Jean Nidetch as a small support group in New York City, the company grew into the well-known Weight Watchers brand before rebranding as WW in 2018 to reflect an expanded focus on overall health, fitness and nutrition. Over the years, WW has introduced innovations such as the SmartPoints® system, which assigns values to foods based on their nutritional composition, and the MyWW® personalized wellness plan, which tailors recommendations to individual lifestyles and goals.

WW’s offerings span digital and in-person channels.