Should I buy or sell Similarweb stock right now?

6 Wall Street research analysts have issued "buy," "hold," and "sell" ratings for Similarweb in the last twelve months. There are currently 6 buy ratings for the stock. The consensus among Wall Street research analysts is that investors should "buy" SMWB shares. View SMWB analyst ratings or view top-rated stocks .

What is Similarweb's stock price target for 2024?

6 equities research analysts have issued 12-month target prices for Similarweb's stock. Their SMWB share price targets range from $9.00 to $14.00. On average, they expect the company's share price to reach $10.60 in the next year. This suggests a possible upside of 41.0% from the stock's current price. View analysts price targets for SMWB or view top-rated stocks among Wall Street analysts .

How have SMWB shares performed in 2024?

Similarweb's stock was trading at $5.33 on January 1st, 2024. Since then, SMWB stock has increased by 41.1% and is now trading at $7.52. View the best growth stocks for 2024 here .

Are investors shorting Similarweb?

Similarweb saw a increase in short interest in March. As of March 15th, there was short interest totaling 166,600 shares, an increase of 67.6% from the February 29th total of 99,400 shares. Based on an average daily trading volume, of 188,300 shares, the short-interest ratio is currently 0.9 days. Approximately 0.5% of the company's stock are sold short. View Similarweb's Short Interest .

When is Similarweb's next earnings date?

The company is scheduled to release its next quarterly earnings announcement on Tuesday, May 14th 2024. View our SMWB earnings forecast .

How were Similarweb's earnings last quarter?

Similarweb Ltd. (NYSE:SMWB) released its quarterly earnings results on Tuesday, February, 13th. The company reported ($0.04) earnings per share (EPS) for the quarter, beating the consensus estimate of ($0.05) by $0.01. The business had revenue of $56.76 million for the quarter, compared to analyst estimates of $55.90 million. Similarweb had a negative trailing twelve-month return on equity of 203.38% and a negative net margin of 13.47%.

What ETF holds Similarweb's stock?

ARK Israel Innovative Technology ETF holds 387,932 shares of SMWB stock, representing 3.13% of its portfolio.

What guidance has Similarweb issued on next quarter's earnings?

Similarweb issued an update on its first quarter 2024 earnings guidance on Tuesday, February, 13th. The company provided earnings per share guidance of for the period. The company issued revenue guidance of $58.5 million-$59.0 million, compared to the consensus revenue estimate of $57.5 million.

When did Similarweb IPO?

Similarweb (SMWB) raised $160 million in an initial public offering on Wednesday, May 12th 2021. The company issued 8,000,000 shares at $19.00-$21.00 per share. J.P.Morgan, Citigroup, Barclays and Jefferies acted as the underwriters for the IPO and JMP Securities, Oppenheimer & Co. and William Blair were co-managers.

Who are Similarweb's major shareholders?

Similarweb's stock is owned by a variety of institutional and retail investors. Top institutional investors include Counterpoint Mutual Funds LLC (0.02%).

How do I buy shares of Similarweb?

Shares of SMWB stock can be purchased through any online brokerage account. Popular online brokerages with access to the U.S. stock market include Charles Schwab, E*TRADE, Fidelity, and Vanguard Brokerage Services. Compare Top Brokerages Here .

NYSE:SMWB

Similarweb (SMWB) Stock Price, News & Analysis

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$7.52

-0.15 (-1.96%)

(As of 04/18/2024 ET)

Compare

Today's Range: $7.42
▼
$7.96
50-Day Range: $6.57
▼
$9.49
52-Week Range: $4.58
▼
$9.76

Volume: 208,128 shs
Average Volume: 116,793 shs
Market Capitalization: $591.45 million

P/E Ratio: N/A
Dividend Yield: N/A
Price Target: $10.60

Get Similarweb alerts:

Similarweb MarketRank™ Stock Analysis

Analyst Rating: Buy
3.00 Rating Score
Upside/Downside: 41.0% Upside
$10.60 Price Target
Short Interest: Healthy
0.55% of Float Sold Short
Dividend Strength: N/A
Sustainability: N/A
News Sentiment: 1.14
Based on 2 Articles This Week
Insider Trading: N/A
Proj. Earnings Growth: Growing
From ($0.20) to ($0.12) Per Share

Overall MarketRank^™

New Rank-Based ScoringMarketRank^™ is calculated by averaging available category scores (with extra weight given to analysis and valuation), then ranking the company's weighted average against that of other companies.

3.46 out of 5 stars

Computer And Technology Sector

240th out of 590 stocks

Computer Programming, Data Processing, & Other Computer Related Industry

22nd out of 56 stocks

4.5

Analyst's Opinion

Consensus Rating
Similarweb has received a consensus rating of Buy. The company's average rating score is 3.00, and is based on 6 buy ratings, no hold ratings, and no sell ratings.
Amount of Analyst Coverage
Similarweb has been the subject of 5 research reports in the past 90 days, demonstrating strong analyst interest in this stock.

3.0

Short Interest

Percentage of Shares Shorted
0.55% of the float of Similarweb has been sold short.
Short Interest Ratio / Days to Cover
Similarweb has a short interest ratio ("days to cover") of 0.9, which is generally considered an acceptable ratio of short interest to trading volume.
Change versus previous month
Short interest in Similarweb has recently increased by 5.76%, indicating that investor sentiment is decreasing significantly.

0.0

Dividend Strength

Dividend Yield
Similarweb does not currently pay a dividend.
Dividend Growth
Similarweb does not have a long track record of dividend growth.

N/A

Sustainability and ESG

Overall ESG (Environmental, Social, and Governance) Score
There is no current Upright™ data available for SMWB.

2.9

News and Social Media Coverage

News Sentiment
Similarweb has a news sentiment score of 1.14. This score is calculated as an average of sentiment of articles about the company over the last seven days and ranges from 2 (good news) to -2 (bad news). This is a higher news sentiment than the 0.50 average news sentiment score of Computer and Technology companies.
News Coverage This Week
MarketBeat has tracked 2 news articles for Similarweb this week, compared to 1 article on an average week.
Search Interest
Only 1 people have searched for SMWB on MarketBeat in the last 30 days. This is a decrease of -75% compared to the previous 30 days.
MarketBeat Follows
Only 1 people have added Similarweb to their MarketBeat watchlist in the last 30 days. This is a decrease of -50% compared to the previous 30 days.

2.5

Company Ownership

Insider Buying vs. Insider Selling
In the past three months, Similarweb insiders have not sold or bought any company stock.
Percentage Held by Insiders
62.40% of the stock of Similarweb is held by insiders. A high percentage of insider ownership can be a sign of company health.
Percentage Held by Institutions
57.59% of the stock of Similarweb is held by institutions. High institutional ownership can be a signal of strong market trust in this company.

0.6

Earnings and Valuation

Earnings Growth
Earnings for Similarweb are expected to grow in the coming year, from ($0.20) to ($0.12) per share.
Price to Earnings Ratio vs. the Market
The P/E ratio of Similarweb is -20.32, which means that its earnings are negative and its P/E ratio cannot be compared to companies with positive earnings.
Price to Earnings Ratio vs. Sector
The P/E ratio of Similarweb is -20.32, which means that its earnings are negative and its P/E ratio cannot be compared to companies with positive earnings.
Price to Book Value per Share Ratio
Similarweb has a P/B Ratio of 37.60. P/B Ratios above 3 indicate that a company could be overvalued with respect to its assets and liabilities.

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About Similarweb Stock (NYSE:SMWB)

Similarweb Ltd. provides cloud-based digital intelligence solutions in the United States, Europe, the Asia Pacific, the United Kingdom, Israel, and internationally. The company offers digital research intelligence solutions for its customers to benchmark performance against competitors and market leaders, analyze trends in the market, conduct deeper research into specific companies, and analyze audience behavior; and digital marketing intelligence solutions for its customers to understand their competitors' online acquisition strategies in each marketing channel, and optimize their own strategies. It also provides sales intelligence solutions for its customers to access relevant buying signals and digital insights of their customers to generate leads quickly; and shopper intelligence solutions for its customers to analyze a view of their customers' digital journeys, monitor consumer demand, increase brand visibility in the search process, and optimize category and product level conversion in the purchase process. In addition, the company offers investor intelligence solutions for its customers to access an end-to-end view of market, sector, and company performance to ideate and monitor investment opportunities; forecast market performance; and perform due diligence. Further, it provides data-as-a-service and advisory services. The company serves retail, consumer packaged goods, consumer finance, consultancies, marketing and advertising agencies, media and publishers, business-to-business software, payment processors, travel, and institutional investors. Similarweb Ltd. was incorporated in 2009 and is headquartered in Givatayim, Israel.

SMWB Stock Price History

30 days | 90 days | 365 days | Advanced Chart

SMWB Stock News Headlines

April 18, 2024 | businesswire.com

April 14, 2024 | finance.yahoo.com

Market Sentiment Around Loss-Making Similarweb Ltd. (NYSE:SMWB)

April 19, 2024 | DTI (Ad)

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April 12, 2024 | americanbankingnews.com

April 4, 2024 | theglobeandmail.com

3 Meme Stocks Investors Should Avoid This April

March 27, 2024 | businesswire.com

March 19, 2024 | seekingalpha.com

March 6, 2024 | markets.businessinsider.com

April 19, 2024 | DTI (Ad)

Biden’s $374B Giveaway Into This Sector

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March 4, 2024 | businesswire.com

February 24, 2024 | msn.com

February 21, 2024 | finance.yahoo.com

Similarweb Ltd. (SMWB)

February 16, 2024 | finance.yahoo.com

SMWB Apr 2024 7.500 call

February 16, 2024 | finance.yahoo.com

SMWB Jul 2024 7.500 call

February 16, 2024 | markets.businessinsider.com

Buy Rating for Similarweb: Strong Q4 Performance and Positive Outlook Surpass Expectations

February 16, 2024 | finance.yahoo.com

US$10.83 - That's What Analysts Think Similarweb Ltd. (NYSE:SMWB) Is Worth After These Results

February 16, 2024 | seekingalpha.com

February 15, 2024 | markets.businessinsider.com

Analysts Offer Insights on Technology Companies: Similarweb (SMWB) and Fastly (FSLY)

February 15, 2024 | markets.businessinsider.com

Barclays Maintains Overweight Rating for Similarweb: Here's What You Need To Know

February 15, 2024 | msn.com

February 14, 2024 | seekingalpha.com

February 13, 2024 | msn.com

‘Valuation Too Attractive to Ignore’: Jefferies Suggests 2 Software Stocks to Buy

February 13, 2024 | msn.com

February 13, 2024 | finance.yahoo.com

February 13, 2024 | businesswire.com

February 12, 2024 | benzinga.com

Similarweb Earnings Preview

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Company Calendar

Last Earnings: 2/13/2024
Today: 4/18/2024
Next Earnings (Estimated): 5/14/2024
Fiscal Year End: 12/31/2024

Get Stock Alerts

Industry, Sector and Symbol

Stock Exchange: NYSE
Sector: Computer and Technology
Industry: Computer programming, data processing, & other computer related
Sub-Industry: N/A
Current Symbol: NYSE:SMWB
CUSIP: N/A
CIK: 1842731
Web: www.similarweb.com
Phone: 972-73-320-4086
Fax: N/A
Employees: 899
Year Founded: N/A

Price Target and Rating

Average Stock Price Target: $10.60
High Stock Price Target: $14.00
Low Stock Price Target: $9.00
Potential Upside/Downside: +41.0%
Consensus Rating: Buy
Rating Score (0-4): 3.00
Research Coverage: 6 Analysts

Profitability

EPS (Most Recent Fiscal Year): ($0.37)
Trailing P/E Ratio: N/A
Forward P/E Ratio: N/A
P/E Growth: N/A
Net Income: $-29,370,000.00
Net Margins: -13.47%
Pretax Margin: -12.78%
Return on Equity: -203.38%
Return on Assets: -12.30%

Debt

Debt-to-Equity Ratio: N/A
Current Ratio: 0.79
Quick Ratio: 0.79

Sales & Book Value

Annual Sales: $218.02 million
Price / Sales: 2.71
Cash Flow: N/A
Price / Cash Flow: N/A
Book Value: $0.20 per share
Price / Book: 37.60

Miscellaneous

Outstanding Shares: 78,650,000
Free Float: 29,573,000
Market Cap: $591.45 million
Optionable: Optionable
Beta: 0.68

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Key Executives

Mr. Or Offer (Age 40)
Co-Founder, CEO & Director
Comp: $589k
Mr. Benjamin Seror (Age 44)
Co-Founder, Chief Product Officer & Chief Marketing Officer
Comp: $441k
Mr. Jason E. Schwartz (Age 52)
Chief Financial Officer
Comp: $567k
Mr. Ron Asher
Chief Technology Officer
Mr. Uri Perelman
Chief M&A & Corporate Development Officer
Mr. Lior Degani
Chief Operation Officer
Mr. Raymond Jones
Vice President of Investor Relations
Ms. Sigal Gillmore
Chief People Officer
Ms. Carrie Lazorchak
Chief Revenue Officer
Maoz Lakovski
Chief Business Officer

Key Competitors

View All Competitors

Institutional Ownership

View All Institutional Transactions

SMWB Stock Analysis - Frequently Asked Questions

Should I buy or sell Similarweb stock right now?: 6 Wall Street research analysts have issued "buy," "hold," and "sell" ratings for Similarweb in the last twelve months. There are currently 6 buy ratings for the stock. The consensus among Wall Street research analysts is that investors should "buy" SMWB shares.
View SMWB analyst ratings or view top-rated stocks.
What is Similarweb's stock price target for 2024?: 6 equities research analysts have issued 12-month target prices for Similarweb's stock. Their SMWB share price targets range from $9.00 to $14.00. On average, they expect the company's share price to reach $10.60 in the next year. This suggests a possible upside of 41.0% from the stock's current price.
View analysts price targets for SMWB or view top-rated stocks among Wall Street analysts.
How have SMWB shares performed in 2024?: Similarweb's stock was trading at $5.33 on January 1st, 2024. Since then, SMWB stock has increased by 41.1% and is now trading at $7.52.
View the best growth stocks for 2024 here.
Are investors shorting Similarweb?: Similarweb saw a increase in short interest in March. As of March 15th, there was short interest totaling 166,600 shares, an increase of 67.6% from the February 29th total of 99,400 shares. Based on an average daily trading volume, of 188,300 shares, the short-interest ratio is currently 0.9 days. Approximately 0.5% of the company's stock are sold short.
View Similarweb's Short Interest.
When is Similarweb's next earnings date?: The company is scheduled to release its next quarterly earnings announcement on Tuesday, May 14th 2024.
View our SMWB earnings forecast.
How were Similarweb's earnings last quarter?: Similarweb Ltd. (NYSE:SMWB) released its quarterly earnings results on Tuesday, February, 13th. The company reported ($0.04) earnings per share (EPS) for the quarter, beating the consensus estimate of ($0.05) by $0.01. The business had revenue of $56.76 million for the quarter, compared to analyst estimates of $55.90 million. Similarweb had a negative trailing twelve-month return on equity of 203.38% and a negative net margin of 13.47%.

What ETF holds Similarweb's stock?: ARK Israel Innovative Technology ETF holds 387,932 shares of SMWB stock, representing 3.13% of its portfolio.
What guidance has Similarweb issued on next quarter's earnings?: Similarweb issued an update on its first quarter 2024 earnings guidance on Tuesday, February, 13th. The company provided earnings per share guidance of for the period. The company issued revenue guidance of $58.5 million-$59.0 million, compared to the consensus revenue estimate of $57.5 million.
When did Similarweb IPO?: Similarweb (SMWB) raised $160 million in an initial public offering on Wednesday, May 12th 2021. The company issued 8,000,000 shares at $19.00-$21.00 per share. J.P.Morgan, Citigroup, Barclays and Jefferies acted as the underwriters for the IPO and JMP Securities, Oppenheimer & Co. and William Blair were co-managers.
Who are Similarweb's major shareholders?: Similarweb's stock is owned by a variety of institutional and retail investors. Top institutional investors include Counterpoint Mutual Funds LLC (0.02%).
How do I buy shares of Similarweb?: Shares of SMWB stock can be purchased through any online brokerage account. Popular online brokerages with access to the U.S. stock market include Charles Schwab, E*TRADE, Fidelity, and Vanguard Brokerage Services.
Compare Top Brokerages Here.

This page (NYSE:SMWB) was last updated on 4/19/2024 by MarketBeat.com Staff

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Similarweb (SMWB) Stock Price, News & Analysis

Similarweb MarketRank™ Stock Analysis

Overall MarketRank™

Analyst's Opinion

Short Interest

Percentage of Shares Shorted

Short Interest Ratio / Days to Cover

Change versus previous month

Dividend Strength

Sustainability and ESG

Overall ESG (Environmental, Social, and Governance) Score

News and Social Media Coverage

News Sentiment

News Coverage This Week

Search Interest

MarketBeat Follows

Company Ownership

Earnings and Valuation

About Similarweb Stock (NYSE:SMWB)

SMWB Stock Price History

SMWB Stock News Headlines

Company Calendar

Industry, Sector and Symbol

Price Target and Rating

Profitability

Debt

Sales & Book Value

Miscellaneous

Key Executives

Key Competitors

Institutional Ownership

SMWB Stock Analysis - Frequently Asked Questions

Overall MarketRank^™