Similarweb (NYSE:SMWB) Lowered to Market Perform Rating by Citizens Jmp

Citizens Jmp cut shares of Similarweb (NYSE:SMWB) from an outperform rating to a market perform rating in a research report released on Wednesday morning, MarketBeat.com reports.

A number of other research analysts have also recently issued reports on the company. Weiss Ratings reaffirmed a “sell (d-)” rating on shares of Similarweb in a report on Monday, December 29th. Citigroup downgraded shares of Similarweb from a “market outperform” rating to a “market perform” rating in a research note on Wednesday. The Goldman Sachs Group lowered shares of Similarweb from a “buy” rating to a “neutral” rating and set a $7.50 target price on the stock. in a research report on Tuesday, January 13th. Barclays lowered their price target on shares of Similarweb from $12.00 to $10.00 and set an “overweight” rating for the company in a report on Monday, January 12th. Finally, Oppenheimer reduced their price objective on Similarweb from $10.00 to $7.00 and set an “outperform” rating on the stock in a report on Wednesday, February 4th. Three research analysts have rated the stock with a Buy rating, seven have given a Hold rating and one has assigned a Sell rating to the stock. Based on data from MarketBeat, the stock presently has an average rating of “Hold” and an average price target of $9.36.

Similarweb Trading Down 35.0%

NYSE:SMWB opened at $2.54 on Wednesday. The stock has a market capitalization of $215.15 million, a P/E ratio of -6.50 and a beta of 1.09. Similarweb has a 1 year low of $2.22 and a 1 year high of $10.75. The firm has a 50 day moving average of $6.06 and a 200-day moving average of $7.77.

Similarweb (NYSE:SMWB) last released its quarterly earnings results on Tuesday, February 17th. The company reported $0.03 earnings per share for the quarter, beating analysts’ consensus estimates of $0.01 by $0.02. The firm had revenue of $72.76 million during the quarter, compared to analysts’ expectations of $76.45 million. Similarweb had a negative return on equity of 69.76% and a negative net margin of 11.65%. As a group, analysts forecast that Similarweb will post -0.24 EPS for the current fiscal year.

Hedge Funds Weigh In On Similarweb

Several institutional investors have recently modified their holdings of SMWB. Wellington Management Group LLP boosted its stake in Similarweb by 163.6% during the 3rd quarter. Wellington Management Group LLP now owns 2,457,805 shares of the company’s stock worth $22,858,000 after acquiring an additional 1,525,230 shares during the last quarter. Phoenix Financial Ltd. boosted its position in shares of Similarweb by 43.2% during the fourth quarter. Phoenix Financial Ltd. now owns 4,285,786 shares of the company’s stock worth $32,101,000 after purchasing an additional 1,292,700 shares in the last quarter. Penn Capital Management Company LLC grew its holdings in shares of Similarweb by 299.4% in the 3rd quarter. Penn Capital Management Company LLC now owns 1,646,094 shares of the company’s stock valued at $15,321,000 after buying an additional 1,233,928 shares during the period. Menora Mivtachim Holdings LTD. raised its stake in Similarweb by 37.9% during the 3rd quarter. Menora Mivtachim Holdings LTD. now owns 3,208,394 shares of the company’s stock worth $29,838,000 after buying an additional 881,652 shares during the period. Finally, New York State Common Retirement Fund bought a new position in Similarweb during the third quarter worth about $7,903,000. 57.59% of the stock is currently owned by institutional investors and hedge funds.

Similarweb News Roundup

Here are the key news stories impacting Similarweb this week:

• Positive Sentiment: Q4 EPS beat consensus and profitability metrics improved: the company reported $0.03 EPS (above the $0.01 consensus) and narrower operating losses, which supports an improving profitability story. Q4 Earnings Beat
• Positive Sentiment: Management emphasized AI momentum and product progress on the earnings call, positioning Similarweb to monetize AI-driven analytics — a strategic positive for longer‑term growth. Earnings Call: AI Momentum
• Neutral Sentiment: Full earnings call transcripts and the press release provide detail on results, KPIs and management commentary for investors doing deeper diligence. Earnings Call Transcript Press Release
• Negative Sentiment: Revenue missed estimates (Q4 revenue ~$72.8M vs. consensus ~76–78M) and management issued FY‑2026 revenue guidance of $305M–$315M and Q1 guidance of $72M–$74M, both below consensus — the primary driver of the sell‑off. Earnings & Guidance
• Negative Sentiment: Analyst downgrades followed the results: Northland Securities and Citizens/JMP moved their ratings to “market perform,” adding selling pressure (Northland set a $5 target). Northland Downgrade Citizens Downgrade
• Negative Sentiment: Short interest increased (short interest up ~23% in January) and the stock traded at much higher volume than normal, intensifying downward pressure. Short Interest

Similarweb Company Profile

Similarweb Ltd. (NYSE: SMWB) is a digital intelligence company that provides insights into website and mobile app performance. Its cloud-based platform aggregates and analyzes data on global web traffic, user engagement, and referral sources, enabling businesses to benchmark their digital presence against competitors. The company’s core offering includes metrics on audience behavior, traffic acquisition channels, and industry trends, which are designed to inform strategic decisions in marketing, sales, and product development.

Similarweb’s platform delivers a suite of tools for market research, competitor analysis, and performance optimization.