Brokers Set Expectations for SoundThinking Q1 Earnings

SoundThinking, Inc. (NASDAQ:SSTI) – Analysts at Northland Securities decreased their Q1 2026 earnings per share (EPS) estimates for shares of SoundThinking in a research report issued on Wednesday, March 4th. Northland Securities analyst M. Latimore now forecasts that the company will earn ($0.19) per share for the quarter, down from their prior estimate of ($0.10). The consensus estimate for SoundThinking’s current full-year earnings is ($0.42) per share. Northland Securities also issued estimates for SoundThinking’s Q2 2026 earnings at ($0.13) EPS, Q3 2026 earnings at ($0.05) EPS and FY2026 earnings at ($0.35) EPS.

A number of other research analysts have also issued reports on the stock. Weiss Ratings restated a “sell (e+)” rating on shares of SoundThinking in a report on Monday, December 29th. Roth Mkm reiterated a “buy” rating and set a $20.00 price target (down from $30.00) on shares of SoundThinking in a report on Thursday, November 13th. Citizens Jmp cut their price objective on shares of SoundThinking from $19.00 to $16.00 and set a “market outperform” rating for the company in a research report on Thursday, November 13th. Cantor Fitzgerald downgraded shares of SoundThinking from an “overweight” rating to a “neutral” rating and reduced their price objective for the company from $16.00 to $10.00 in a research note on Wednesday, January 7th. Finally, Lake Street Capital decreased their target price on shares of SoundThinking from $19.00 to $14.00 and set a “buy” rating on the stock in a research report on Thursday, November 13th. Three equities research analysts have rated the stock with a Buy rating, three have issued a Hold rating and one has assigned a Sell rating to the company’s stock. According to MarketBeat.com, SoundThinking has a consensus rating of “Hold” and an average target price of $14.00.

SoundThinking Stock Up 8.1%

SSTI opened at $7.20 on Monday. The firm has a market cap of $91.44 million, a P/E ratio of -9.73 and a beta of 1.15. The business’s fifty day simple moving average is $7.60 and its 200 day simple moving average is $9.06. SoundThinking has a 52 week low of $5.78 and a 52 week high of $19.43.

SoundThinking (NASDAQ:SSTI) last released its quarterly earnings results on Tuesday, March 3rd. The company reported ($0.22) earnings per share for the quarter, missing analysts’ consensus estimates of ($0.20) by ($0.02). SoundThinking had a negative return on equity of 12.73% and a negative net margin of 9.05%.The company had revenue of $24.79 million during the quarter, compared to analyst estimates of $24.68 million.

Institutional Trading of SoundThinking

A number of institutional investors and hedge funds have recently made changes to their positions in the company. Strs Ohio purchased a new position in shares of SoundThinking in the 1st quarter worth $127,000. Connor Clark & Lunn Investment Management Ltd. grew its position in SoundThinking by 6.5% during the second quarter. Connor Clark & Lunn Investment Management Ltd. now owns 77,707 shares of the company’s stock valued at $1,014,000 after acquiring an additional 4,776 shares during the period. Rhumbline Advisers increased its stake in SoundThinking by 6.5% during the second quarter. Rhumbline Advisers now owns 15,960 shares of the company’s stock worth $208,000 after acquiring an additional 980 shares during the last quarter. Samjo Management LLC increased its stake in SoundThinking by 28.1% during the second quarter. Samjo Management LLC now owns 82,000 shares of the company’s stock worth $1,071,000 after acquiring an additional 18,000 shares during the last quarter. Finally, Marshall Wace LLP purchased a new position in shares of SoundThinking in the 2nd quarter worth about $245,000. 60.74% of the stock is currently owned by institutional investors and hedge funds.

Insiders Place Their Bets

In related news, major shareholder Veradace Partners Lp purchased 105,880 shares of the firm’s stock in a transaction on Wednesday, February 18th. The shares were bought at an average price of $7.14 per share, for a total transaction of $755,983.20. Following the acquisition, the insider directly owned 2,008,368 shares in the company, valued at $14,339,747.52. This trade represents a 5.57% increase in their ownership of the stock. The acquisition was disclosed in a filing with the SEC, which is available at this link. Insiders have purchased a total of 137,417 shares of company stock worth $979,843 over the last quarter. Company insiders own 10.40% of the company’s stock.

SoundThinking Company Profile

SoundThinking, Inc, a public safety technology company that provides transformative solutions and strategic advisory services for law enforcement and civic leadership. Its SafetySmart Platform, an integrated suite of data-driven tools that enable law enforcement and community violence prevention and health organizations to be efficient in public safety outcomes. It offers ShotSpotter, an acoustic gunshot detection system; CrimeTracer, a law enforcement search engine; CaseBuilder, an investigation management system; and ResourceRouter, a software that directs patrol and community anti-violence resources to help maximize their impact.