Similarweb (NYSE:SMWB) Posts Quarterly Earnings Results, Misses Expectations By $0.09 EPS

Similarweb (NYSE:SMWB) posted its quarterly earnings results on Tuesday. The company reported ($0.11) EPS for the quarter, missing the consensus estimate of ($0.02) by ($0.09), Zacks reports. Similarweb had a negative return on equity of 47.62% and a negative net margin of 4.58%. Similarweb updated its FY 2025 guidance to EPS and its Q2 2025 guidance to EPS.

Similarweb Stock Down 0.1%

NYSE:SMWB opened at $8.04 on Wednesday. Similarweb has a 12 month low of $5.71 and a 12 month high of $17.64. The firm has a market cap of $664.26 million, a price-to-earnings ratio of -57.42 and a beta of 1.13. The company’s 50 day moving average is $7.85 and its 200-day moving average is $11.14.

Analysts Set New Price Targets

Several research firms recently commented on SMWB. Jefferies Financial Group raised their price target on shares of Similarweb from $13.00 to $23.00 and gave the stock a “buy” rating in a report on Monday, February 3rd. JMP Securities reiterated a “market outperform” rating and issued a $17.00 target price on shares of Similarweb in a research note on Thursday, February 13th. The Goldman Sachs Group reduced their target price on shares of Similarweb from $13.00 to $10.00 and set a “buy” rating for the company in a research note on Thursday, April 17th. Needham & Company LLC reiterated a “buy” rating and issued a $14.00 target price on shares of Similarweb in a research note on Thursday, February 13th. Finally, Northland Securities lifted their target price on shares of Similarweb from $17.00 to $20.00 and gave the company an “outperform” rating in a research note on Friday, January 24th. Nine investment analysts have rated the stock with a buy rating and one has issued a strong buy rating to the stock. Based on data from MarketBeat.com, Similarweb has an average rating of “Buy” and a consensus target price 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.