Brokers Issue Forecasts for SoundThinking FY2026 Earnings

SoundThinking, Inc. (NASDAQ:SSTI - Free Report) - William Blair issued their FY2026 earnings per share (EPS) estimates for shares of SoundThinking in a research note issued on Wednesday, February 26th. William Blair analyst L. Dipalma anticipates that the company will post earnings of $0.05 per share for the year. The consensus estimate for SoundThinking's current full-year earnings is ($0.42) per share.

SoundThinking (NASDAQ:SSTI - Get Free Report) last posted its quarterly earnings results on Tuesday, February 25th. The company reported ($0.32) earnings per share for the quarter, missing analysts' consensus estimates of ($0.02) by ($0.30). The business had revenue of $23.41 million for the quarter, compared to the consensus estimate of $26.65 million. SoundThinking had a negative return on equity of 8.74% and a negative net margin of 1.39%.

A number of other research firms have also recently commented on SSTI. JMP Securities lowered their price objective on shares of SoundThinking from $25.00 to $19.00 and set a "market outperform" rating for the company in a research report on Wednesday, November 13th. Cantor Fitzgerald restated an "overweight" rating and issued a $20.00 price target on shares of SoundThinking in a report on Wednesday, February 26th. Finally, Craig Hallum raised SoundThinking from a "hold" rating to a "buy" rating in a research report on Tuesday, February 18th. One research analyst has rated the stock with a hold rating and five have assigned a buy rating to the company. According to data from MarketBeat.com, SoundThinking presently has a consensus rating of "Moderate Buy" and an average target price of $21.20.

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SoundThinking Stock Down 4.1 %

NASDAQ SSTI traded down $0.67 during trading on Thursday, reaching $15.76. 114,623 shares of the stock traded hands, compared to its average volume of 52,445. The stock's 50-day moving average price is $13.55 and its 200 day moving average price is $12.85. The firm has a market cap of $198.40 million, a price-to-earnings ratio of -131.32 and a beta of 1.18. SoundThinking has a fifty-two week low of $9.33 and a fifty-two week high of $17.73.

Institutional Trading of SoundThinking

Several institutional investors and hedge funds have recently bought and sold shares of SSTI. Pullen Investment Management LLC increased its position in shares of SoundThinking by 61.1% during the 4th quarter. Pullen Investment Management LLC now owns 142,040 shares of the company's stock worth $1,855,000 after purchasing an additional 53,888 shares during the last quarter. Mackenzie Financial Corp acquired a new position in SoundThinking during the fourth quarter worth $560,000. Two Sigma Advisers LP raised its position in SoundThinking by 80.6% during the fourth quarter. Two Sigma Advisers LP now owns 18,600 shares of the company's stock worth $243,000 after acquiring an additional 8,300 shares in the last quarter. Two Sigma Investments LP lifted its stake in SoundThinking by 18.6% in the fourth quarter. Two Sigma Investments LP now owns 48,719 shares of the company's stock valued at $636,000 after acquiring an additional 7,636 shares during the last quarter. Finally, Sherbrooke Park Advisers LLC grew its position in shares of SoundThinking by 18.2% in the 4th quarter. Sherbrooke Park Advisers LLC now owns 23,302 shares of the company's stock valued at $304,000 after acquiring an additional 3,589 shares during the period. Institutional investors own 60.74% of the company's stock.

Insider Buying and Selling at SoundThinking

In related news, CEO Ralph A. Clark sold 5,933 shares of the stock in a transaction on Monday, December 16th. The shares were sold at an average price of $11.61, for a total transaction of $68,882.13. Following the completion of the transaction, the chief executive officer now owns 520,774 shares in the company, valued at approximately $6,046,186.14. This represents a 1.13 % decrease in their ownership of the stock. The sale was disclosed in a document filed with the SEC, which can be accessed through this hyperlink. Also, CFO Alan R. Stewart sold 15,000 shares of the firm's stock in a transaction on Tuesday, December 10th. The shares were sold at an average price of $13.95, for a total transaction of $209,250.00. Following the completion of the transaction, the chief financial officer now directly owns 138,851 shares of the company's stock, valued at approximately $1,936,971.45. This trade represents a 9.75 % decrease in their position. The disclosure for this sale can be found here. Company insiders own 9.20% 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.