Similarweb (SMWB) Expected to Announce Earnings on Tuesday

Similarweb (NYSE:SMWB) is anticipated to release its Q1 2025 earnings data after the market closes on Tuesday, May 13th. Analysts expect Similarweb to post earnings of ($0.02) per share and revenue of $66.37 million for the quarter. Similarweb has set its FY 2025 guidance at EPS and its Q1 2025 guidance at EPS.

Similarweb (NYSE:SMWB) last announced its quarterly earnings results on Tuesday, February 11th. The company reported ($0.07) earnings per share for the quarter, missing the consensus estimate of $0.03 by ($0.10). Similarweb had a negative net margin of 4.58% and a negative return on equity of 47.62%. On average, analysts expect Similarweb to post $0 EPS for the current fiscal year and $0 EPS for the next fiscal year.

Similarweb Price Performance

Similarweb stock opened at $7.66 on Monday. The stock has a market capitalization of $632.86 million, a PE ratio of -54.71 and a beta of 1.13. Similarweb has a 12 month low of $5.71 and a 12 month high of $17.64. The business has a 50 day simple moving average of $7.91 and a 200-day simple moving average of $11.16.

Wall Street Analyst Weigh In

A number of analysts have recently commented on SMWB shares. Needham & Company LLC restated a “buy” rating and issued a $14.00 price objective on shares of Similarweb in a research report on Thursday, February 13th. Jefferies Financial Group boosted their price objective on Similarweb from $13.00 to $23.00 and gave the company a “buy” rating in a research report on Monday, February 3rd. JMP Securities restated a “market outperform” rating and issued a $17.00 price objective on shares of Similarweb in a research report on Thursday, February 13th. Citigroup boosted their price objective on Similarweb from $14.00 to $22.00 and gave the company a “buy” rating in a research report on Tuesday, February 11th. Finally, Northland Securities boosted their price objective on Similarweb from $17.00 to $20.00 and gave the company an “outperform” rating in a research report on Friday, January 24th. Nine research analysts have rated the stock with a buy rating and one has given a strong buy rating to the stock. According to MarketBeat.com, Similarweb currently has an average rating of “Buy” and an average price target of $15.75.

Similarweb Company Profile

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.