SoundThinking (NASDAQ:SSTI) Earns “Market Perform” Rating from Citizens Jmp

SoundThinking (NASDAQ:SSTI)‘s stock had its “market perform” rating reiterated by equities research analysts at Citizens Jmp in a research report issued on Friday, MarketBeat reports.

Several other analysts have also weighed in on SSTI. Weiss Ratings lowered shares of SoundThinking from a “sell (d-)” rating to a “sell (e+)” rating in a research report on Thursday, July 30th. Cantor Fitzgerald dropped their price target on shares of SoundThinking from $10.00 to $8.00 and set a “neutral” rating for the company in a research report on Friday. Zacks Research upgraded shares of SoundThinking from a “strong sell” rating to a “hold” rating in a research note on Tuesday, July 14th. Wall Street Zen raised SoundThinking from a “strong sell” rating to a “sell” rating in a report on Sunday, May 31st. Finally, Lake Street Capital lowered SoundThinking from a “buy” rating to a “hold” rating and set a $8.00 price objective on the stock. in a research note on Friday. One research analyst has rated the stock with a Buy rating, five have assigned a Hold rating and one has issued a Sell rating to the company. According to data from MarketBeat.com, the stock presently has a consensus rating of “Hold” and a consensus price target of $11.00.

SoundThinking Trading Up 1.5%

Shares of NASDAQ SSTI opened at $8.27 on Friday. The firm has a market capitalization of $107.10 million, a price-to-earnings ratio of -7.13 and a beta of 1.16. SoundThinking has a one year low of $5.78 and a one year high of $13.34. The business has a fifty day simple moving average of $8.24 and a 200 day simple moving average of $7.39.

SoundThinking (NASDAQ:SSTI) last posted its quarterly earnings results on Thursday, August 13th. The company reported ($0.37) earnings per share for the quarter, missing analysts’ consensus estimates of ($0.25) by ($0.12). The business had revenue of $23.89 million for the quarter, compared to analyst estimates of $25.77 million. SoundThinking had a negative return on equity of 20.76% and a negative net margin of 14.95%. On average, research analysts anticipate that SoundThinking will post -0.69 earnings per share for the current fiscal year.

Institutional Investors Weigh In On SoundThinking

A number of hedge funds and other institutional investors have recently bought and sold shares of SSTI. Royal Bank of Canada increased its stake in shares of SoundThinking by 88.6% in the first quarter. Royal Bank of Canada now owns 4,173 shares of the company’s stock valued at $28,000 after buying an additional 1,960 shares in the last quarter. BNP Paribas Financial Markets grew its holdings in SoundThinking by 160.5% during the 3rd quarter. BNP Paribas Financial Markets now owns 2,740 shares of the company’s stock worth $33,000 after acquiring an additional 1,688 shares during the last quarter. State of Wyoming acquired a new stake in SoundThinking in the 2nd quarter valued at about $33,000. Versant Capital Management Inc increased its position in SoundThinking by 31.7% in the 2nd quarter. Versant Capital Management Inc now owns 9,305 shares of the company’s stock valued at $84,000 after acquiring an additional 2,239 shares in the last quarter. Finally, Wells Fargo & Company MN raised its stake in shares of SoundThinking by 78.1% in the fourth quarter. Wells Fargo & Company MN now owns 10,448 shares of the company’s stock worth $84,000 after acquiring an additional 4,580 shares during the last quarter. 60.74% of the stock is owned by institutional investors and hedge funds.

SoundThinking News Roundup

Here are the key news stories impacting SoundThinking this week:

• Positive Sentiment: Management outlined a 2026 revenue target of $99 million to $100 million and an adjusted EBITDA margin target of 8% to 9%. The plan provides investors with a path toward positive adjusted profitability, although both targets were reduced from prior expectations. SoundThinking outlines 2026 revenue plan
• Neutral Sentiment: The company’s second-quarter earnings call provided additional detail on operating performance and management’s outlook, including efforts to grow recurring revenue and improve profitability. SoundThinking Q2 2026 earnings call transcript
• Negative Sentiment: SoundThinking reported a second-quarter loss of $0.37 per share, wider than the consensus loss estimate of $0.25-$0.27 and the $0.24 loss reported a year earlier. Revenue was $23.89 million, below analysts’ $25.77 million estimate, indicating weaker-than-expected execution. SoundThinking Q2 results
• Negative Sentiment: The company cut 2026 revenue guidance to $99 million-$100 million from $109 million-$111 million and reduced adjusted EBITDA margin guidance to 8%-9% from 16%-18%. Its expected increase in annual recurring revenue was also lowered to more than $100 million by the beginning of 2027 from a previous $110 million target. SoundThinking second-quarter financial results
• Negative Sentiment: Lake Street Capital downgraded SSTI from “buy” to “hold” and set an $8.00 price target, implying approximately 3.3% downside from the referenced $8.27 price. The downgrade adds to investor concerns following the earnings miss and guidance reductions. Finviz analyst rating information

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. It offers ShotSpotter, an acoustic gunshot detection system; CrimeTracer, a law enforcement search engine; CaseBuilder, an investigation management system; and ResourceRouter, a software that directs patrol and community anti-violence resources to help maximize their impact.