Similarweb (SMWB) Stock Price, News & Analysis

Company Overview

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.

Key Stats

• Today's Range: $11.43 to $11.95
• 50-Day Range: $8.10 to $11.85
• 52-Week Range: $4.58 to $11.95
• Volume: 465,721 shs
• Average Volume: 284,281 shs
• Market Capitalization: $931.39 million
• P/E Ratio: N/A
• Dividend Yield: N/A
• Price Target: $12.86
• Consensus Rating: Buy

Similarweb Stock Analysis - MarketRank™

Similarweb scored higher than 64% of companies evaluated by MarketBeat, and ranked 346th out of 659 stocks in the computer and technology sector. Scores are calculated by averaging available category scores, with extra weight given to analysis and valuation.

Analyst's Opinion

• Score: 3.6 / 5
• Analyst Rating: Buy

Consensus Rating

Similarweb has received a consensus rating of Buy. The company's average rating score is 3.11, and is based on 8 buy ratings, no hold ratings, and no sell ratings.

Amount of Analyst Coverage

Similarweb has been the subject of 6 research reports in the past 90 days, demonstrating strong analyst interest in this stock.

Earnings and Valuation

• Score: 0.6 / 5
• Proj. Earnings Growth: Growing

Earnings Growth

Earnings for Similarweb are expected to grow in the coming year, from ($0.04) to $0.01 per share.

Price to Earnings Ratio vs. the Market

The P/E ratio of Similarweb is -104.64, 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 -104.64, 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 35.97. P/B Ratios above 3 indicate that a company could be overvalued with respect to its assets and liabilities.

Short Interest

• Score: 3.0 / 5
• Short Interest Level: Healthy

Percentage of Shares Shorted

0.61% 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 1, 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 0.90%, indicating that investor sentiment is decreasing.

Dividend

• Score: 0.0 / 5
• Dividend Strength: N/A

Dividend Yield

Similarweb does not currently pay a dividend.

Dividend Growth

Similarweb does not have a long track record of dividend growth.

Sustainability and ESG

• Score: N/A
• Environmental Score: N/A

Percentage of Shares Shorted

0.61% 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 1, 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 0.90%, indicating that investor sentiment is decreasing.

News and Social Media

• Score: 2.9 / 5
• News Sentiment: 0.31

News Sentiment

Similarweb has a news sentiment score of 0.31. 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 lower news sentiment than the 0.58 average news sentiment score of Computer and Technology companies.

News Coverage This Week

MarketBeat has tracked 20 news articles for Similarweb this week, compared to 2 articles on an average week.

Search Interest

11 people have searched for SMWB on MarketBeat in the last 30 days. This is an increase of 1,000% compared to the previous 30 days.

MarketBeat Follows

5 people have added Similarweb to their MarketBeat watchlist in the last 30 days. This is an increase of 67% compared to the previous 30 days.

Company Ownership

• Score: 2.5 / 5
• Insider Trading: N/A

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.

SMWB Stock Analysis - Frequently Asked Questions

How have SMWB shares performed this year?

Similarweb's stock was trading at $5.33 at the start of the year. Since then, SMWB shares have increased by 115.9% and is now trading at $11.51.
View the best growth stocks for 2024 here.

How were Similarweb's earnings last quarter?

Similarweb Ltd. (NYSE:SMWB) released its quarterly earnings results on Wednesday, November, 10th. The company reported ($0.23) EPS for the quarter, missing analysts' consensus estimates of ($0.22) by $0.01. The company earned $35.60 million during the quarter, compared to the consensus estimate of $32.98 million. Similarweb had a negative trailing twelve-month return on equity of 44.83% and a negative net margin of 3.92%.

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 a price of $19.00-$21.00 per share. J.P.Morgan, Citigroup, Barclays and Jefferies served as the underwriters for the IPO and JMP Securities, Oppenheimer & Co. and William Blair were co-managers.

Who are Similarweb's major shareholders?

Top institutional shareholders of Similarweb include Migdal Insurance & Financial Holdings Ltd. (2.12%), Alpha Family Trust (2.04%), Scalar Gauge Management LLC (1.07%) and Connor Clark & Lunn Investment Management Ltd. (0.56%).

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.

What other stocks do shareholders of Similarweb own?

Based on aggregate information from My MarketBeat watchlists, some other companies that Similarweb investors own include Waste Connections (WCN), The RMR Group (RMR), iShares Micro-Cap ETF (IWC), AUO (AUOTY), DiamondRock Hospitality (DRH), American Water Works (AWK) and Triple Flag Precious Metals (TFPM).

Company Calendar

• Last Earnings: 11/10/2021
• Today: 11/17/2024
• Fiscal Year End: 12/31/2024
• Next Earnings (Estimated): 2/11/2025

Industry, Sector and Symbol

• Stock Exchange: NYSE
• Sector: Computer and Technology
• Industry: Computer programming, data processing, & other computer related
• Sub-Industry: Computer Software
• Current Symbol: NYSE:SMWB
• CUSIP: N/A
• CIK: 1842731
• Web: www.similarweb.com
• Phone: 972-73-320-4086
• Fax: N/A
• Employees: 930
• Year Founded: N/A

Price Target and Rating

• Average Stock Price Target: $12.86
• High Stock Price Target: $17.00
• Low Stock Price Target: $10.00
• Potential Upside/Downside: +11.7%
• Consensus Rating: Buy
• Rating Score (0-4): 3.11
• Research Coverage: 9 Analysts

Profitability

• EPS (Most Recent Fiscal Year): ($0.11)
• 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: -3.92%
• Pretax Margin: -3.33%
• Return on Equity: -44.83%
• Return on Assets: -4.16%

Debt

• Debt-to-Equity Ratio: N/A
• Current Ratio: 0.75
• Quick Ratio: 0.80

Sales & Book Value

• Annual Sales: $218.02 million
• Price / Sales: 4.27
• Cash Flow: N/A
• Price / Cash Flow: N/A
• Book Value: $0.32 per share
• Price / Book: 35.97

Miscellaneous

• Outstanding Shares: 80,920,000
• Free Float: 30,426,000
• Market Cap: $931.39 million
• Optionable: Optionable
• Beta: 0.84