Analysts Offer Predictions for SoundThinking FY2026 Earnings

SoundThinking, Inc. (NASDAQ:SSTI) – Investment analysts at Cantor Fitzgerald issued their FY2026 earnings estimates for shares of SoundThinking in a report released on Monday, June 9th. Cantor Fitzgerald analyst J. Ruykhaver expects that the company will post earnings of ($0.02) per share for the year. Cantor Fitzgerald has a “Overweight” rating and a $20.00 price objective on the stock. The consensus estimate for SoundThinking’s current full-year earnings is ($0.42) per share.

Several other equities analysts have also recently commented on SSTI. Craig Hallum upgraded shares of SoundThinking from a “hold” rating to a “buy” rating in a research report on Tuesday, February 18th. Roth Mkm restated a “buy” rating and issued a $30.00 target price on shares of SoundThinking in a research report on Wednesday, May 14th. Finally, Lake Street Capital boosted their target price on shares of SoundThinking from $18.00 to $20.00 and gave the company a “buy” rating in a research report on Wednesday, May 14th. Five equities research analysts have rated the stock with a buy rating, According to MarketBeat, the stock has an average rating of “Buy” and an average price target of $21.00.

SoundThinking Trading Up 2.7%

Shares of NASDAQ:SSTI opened at $16.74 on Tuesday. The firm has a 50 day moving average of $15.62 and a 200-day moving average of $14.73. The stock has a market capitalization of $212.15 million, a PE ratio of -139.49 and a beta of 1.28. SoundThinking has a 12 month low of $9.33 and a 12 month high of $19.43.

SoundThinking (NASDAQ:SSTI) last issued its quarterly earnings data on Tuesday, May 13th. The company reported ($0.12) earnings per share for the quarter, missing the consensus estimate of ($0.06) by ($0.06). SoundThinking had a negative return on equity of 8.74% and a negative net margin of 1.39%. The business had revenue of $28.35 million during the quarter, compared to analyst estimates of $26.91 million.

Insider Activity

In related news, insider Nasim Golzadeh sold 1,809 shares of the company’s stock in a transaction that occurred on Monday, June 2nd. The shares were sold at an average price of $15.46, for a total transaction of $27,967.14. Following the completion of the transaction, the insider now directly owns 94,134 shares in the company, valued at $1,455,311.64. This represents a 1.89% decrease in their position. The transaction was disclosed in a document filed with the Securities & Exchange Commission, which is available through this hyperlink. In the last ninety days, insiders sold 3,474 shares of company stock worth $53,205. 9.20% of the stock is currently owned by corporate insiders.

Hedge Funds Weigh In On SoundThinking

A number of institutional investors have recently added to or reduced their stakes in the stock. Rhumbline Advisers increased its position in SoundThinking by 10.1% during the 1st quarter. Rhumbline Advisers now owns 14,980 shares of the company’s stock worth $254,000 after purchasing an additional 1,373 shares in the last quarter. Strs Ohio acquired a new position in SoundThinking during the 1st quarter worth approximately $127,000. Cubist Systematic Strategies LLC increased its position in SoundThinking by 9.7% during the 1st quarter. Cubist Systematic Strategies LLC now owns 23,068 shares of the company’s stock worth $391,000 after purchasing an additional 2,033 shares in the last quarter. Caption Management LLC acquired a new position in SoundThinking during the 1st quarter worth approximately $264,000. Finally, Trexquant Investment LP increased its position in SoundThinking by 25.9% during the 1st quarter. Trexquant Investment LP now owns 71,014 shares of the company’s stock worth $1,204,000 after purchasing an additional 14,592 shares in the last quarter. 60.74% of the stock is currently owned by institutional investors and hedge funds.

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.