Smith Micro Software, Inc. (SMSI)

NASDAQ: SMSI · IEX Real-Time Price · USD
2.320
+0.100 (4.50%)
At close: Apr 26, 2024, 4:00 PM
2.300
-0.020 (-0.86%)
After-hours: Apr 26, 2024, 6:54 PM EDT
4.50%
Market Cap 22.27M
Revenue (ttm) 40.86M
Net Income (ttm) -24.40M
Shares Out 9.60M
EPS (ttm) -3.04
PE Ratio n/a
Forward PE 66.23
Dividend n/a
Ex-Dividend Date n/a
Volume 54,906
Open 2.250
Previous Close 2.220
Day's Range 2.190 - 2.330
52-Week Range 1.880 - 14.960
Beta 0.65
Analysts Strong Buy
Price Target 28.00 (+1,106.9%)
Earnings Date May 9, 2024

About SMSI

Smith Micro Software, Inc. engages in the development and sale of software to enhance the mobile experience to wireless and cable service providers in the Americas, Europe, the Middle East, and Africa. The company offers SafePath Family, SafePath IoT, SafePath Home, and SafePath Premium product suite, which provides tools to protect digital lifestyles and manage connected devices inside and outside the home; and CommSuite, a messaging platform that helps mobile service provides deliver a next-generation voicemail experience to mobile subscriber... [Read more]

Sector Technology
IPO Date Sep 18, 1995
Employees 231
Stock Exchange NASDAQ
Ticker Symbol SMSI
Full Company Profile

Financial Performance

In 2023, SMSI's revenue was $40.86 million, a decrease of -15.77% compared to the previous year's $48.51 million. Losses were -$24.40 million, -16.68% less than in 2022.

Financial Statements

Analyst Forecast

According to 2 analysts, the average rating for SMSI stock is "Strong Buy." The 12-month stock price forecast is $28.0, which is an increase of 1,106.90% from the latest price.

Price Target
$28.0
(1,106.90% upside)
Analyst Consensus: Strong Buy
Stock Forecasts

News

Smith Micro Announces 1-for-8 Reverse Stock Split

PITTSBURGH--(BUSINESS WIRE)---- $SMSI #SaaS--Smith Micro Software, Inc. (Nasdaq: SMSI) (“Smith Micro” or the “Company”), announced today that the Company's Board of Directors has approved a 1-for-8 re...

23 days ago - Business Wire

Smith Micro Announces New Agreement with a Mobile Operator in the US for Deployment of Its SafePath Platform

PITTSBURGH--(BUSINESS WIRE)--Smith Micro Software, Inc. (Nasdaq: SMSI) announced that it has a signed a new agreement with a U.S.-based mobile operator for deployment of the SafePath® solution to its ...

24 days ago - Business Wire

Top 5 Tech Stocks That Could Blast Off In March - Endava (NYSE:DAVA), Aurora Innovation (NASDAQ:AUR)

The most oversold stocks in the information technology sector presents an opportunity to buy into undervalued companies.

Other symbols: AURDAVALPSNSNOW
6 weeks ago - Benzinga

Smith Micro Reports Fourth Quarter and Fiscal Year 2023 Financial Results

PITTSBURGH--(BUSINESS WIRE)---- $SMSI #SaaS--Smith Micro Software, Inc. (Nasdaq: SMSI) (“Smith Micro” or the “Company”) today reported financial results for its fourth quarter and fiscal year ended De...

2 months ago - Business Wire

Smith Micro Announces New SafePath OS™ Solution Expanding its Focus on Family Safety

PITTSBURGH--(BUSINESS WIRE)---- $SMSI #SaaS--Smith Micro Software, Inc. (Nasdaq: SMSI) today introduced SafePath OS™, a new family safety solution to be built on the Android operating system, which fo...

2 months ago - Business Wire

Smith Micro Schedules Teleconference to Announce Fourth Quarter and Fiscal Year 2023 Financial Results

PITTSBURGH--(BUSINESS WIRE)---- $SMSI #SaaS--Smith Micro Software, Inc. (NASDAQ: SMSI) today announced that it will report its fourth quarter 2023 and fiscal year 2023 financial results following the ...

2 months ago - Business Wire

Smith Micro Retires Senior Secured Convertible Notes

PITTSBURGH--(BUSINESS WIRE)---- $SMSI #SaaS--Smith Micro Software, Inc. (Nasdaq: SMSI) announced that the senior secured convertible notes that it issued in August of 2022 to certain accredited invest...

3 months ago - Business Wire

Leading Tier 1 European Mobile Operator Signs New SafePath® Multiyear Contract with Smith Micro

PITTSBURGH--(BUSINESS WIRE)---- $SMSI #SaaS--Smith Micro Software, Inc. (Nasdaq: SMSI) announces that it has signed a multi-year agreement to provide its flagship SafePath® Digital Family Lifestyle™ s...

5 months ago - Business Wire

Smith Micro Reports Third Quarter and Year-to-Date 2023 Financial Results

PITTSBURGH--(BUSINESS WIRE)---- $SMSI #SaaS--Smith Micro Software, Inc. (Nasdaq: SMSI) (“Smith Micro” or the “Company”) today reported financial results for its third quarter ended September 30, 2023....

6 months ago - Business Wire

Smith Micro Announces New Enhanced Solutions to SafePath® Platform for 2024

PITTSBURGH--(BUSINESS WIRE)---- $SMSI #SaaS--Smith Micro Software, Inc. (Nasdaq: SMSI), a leading provider of innovative, white-labeled Family Digital Lifestyle™ solutions featuring location-based ser...

6 months ago - Business Wire

Smith Micro Schedules Teleconference to Announce Third Quarter and Year-to-Date 2023 Financial Results

PITTSBURGH--(BUSINESS WIRE)---- $SMSI #SaaS--Smith Micro Software, Inc. (NASDAQ: SMSI) today announced that it will report its third quarter and year-to-date 2023 financial results following the close...

6 months ago - Business Wire

U.S. Tier 1 Carrier Launches Upgraded Family Security Application Powered by Smith Micro's SafePath® Platform

PITTSBURGH--(BUSINESS WIRE)---- $SMSI #SaaS--Smith Micro Software, Inc. (NASDAQ: SMSI) (Smith Micro) today announced that a major U.S. carrier has launched an upgraded version of its family safety app...

8 months ago - Business Wire

Smith Micro Reports Second Quarter and Year-to-Date 2023 Financial Results

PITTSBURGH--(BUSINESS WIRE)---- $SMSI #SaaS--Smith Micro Software, Inc. (NASDAQ: SMSI) (“Smith Micro” or the “Company”) today reported financial results for its second quarter ended June 30, 2023. “Th...

9 months ago - Business Wire

Smith Micro Schedules Teleconference to Announce Second Quarter and Year-to-Date 2023 Financial Results

PITTSBURGH--(BUSINESS WIRE)---- $SMSI #SaaS--Smith Micro Software, Inc. (NASDAQ: SMSI) today announced that it will report its second quarter and year-to-date 2023 financial results following the clos...

9 months ago - Business Wire

Smith Micro Reports First Quarter 2023 Financial Results

PITTSBURGH--(BUSINESS WIRE)---- $SMSI #SaaS--Smith Micro Software, Inc. (NASDAQ: SMSI) (“Smith Micro” or the “Company”) today reported financial results for its first quarter ended March 31, 2023. “We...

1 year ago - Business Wire

Smith Micro Schedules Teleconference to Announce First Quarter 2023 Financial Results

PITTSBURGH--(BUSINESS WIRE)---- $SMSI #SaaS--Smith Micro Software, Inc. (NASDAQ: SMSI) today announced that it will report its first quarter 2023 financial results following the close of regular tradi...

1 year ago - Business Wire

Smith Micro to Speak at Mobile Carriers Show Presented by Competitive Carriers Association (CCA)

PITTSBURGH--(BUSINESS WIRE)---- $SMSI #SaaS--Smith Micro Software, Inc. (Nasdaq: SMSI) (“Smith Micro” or the “Company”) today announced that they will be presenting and leading a roundtable discussion...

1 year ago - Business Wire

Top 5 Tech Stocks That Could Blast Off - Casa Systems (NASDAQ:CASA), DZS (NASDAQ:DZSI)

The most oversold stocks in the information technology sector presents an opportunity to buy into undervalued companies.

Other symbols: DZSIUPLD
1 year ago - Benzinga

Smith Micro Executes Previously Announced Cost Reduction Plans

PITTSBURGH--(BUSINESS WIRE)---- $SMSI #SaaS--Smith Micro Software, Inc. (Nasdaq: SMSI) (“Smith Micro” or the “Company”) today provided an update to its previously announced cost reduction initiatives....

1 year ago - Business Wire

Smith Micro Reports Fourth Quarter and Fiscal Year 2022 Financial Results

PITTSBURGH--(BUSINESS WIRE)---- $SMSI #SaaS--Smith Micro Software, Inc. (NASDAQ: SMSI) (“Smith Micro” or the “Company”) today reported financial results for its fourth quarter and fiscal year ended De...

1 year ago - Business Wire

Smith Micro Schedules Teleconference to Announce Fourth Quarter and Fiscal Year 2022 Financial Results

PITTSBURGH--(BUSINESS WIRE)--Smith Micro Software, Inc. (NASDAQ: SMSI) today announced that it will report its fourth quarter and fiscal year 2022 financial results following the close of regular trad...

1 year ago - Business Wire

Smith Micro Expands Data and Analytics Capabilities of ViewSpot® Retail Display Management Platform

PITTSBURGH--(BUSINESS WIRE)---- $SMSI #SaaS--(NASDAQ: SMSI), Smith Micro Software Inc. (Smith Micro or the Company) today launched expanded data and analytics capabilities in its ViewSpot retail displ...

1 year ago - Business Wire

Smith Micro Today Announces Notice of Termination from Tier 1 Carrier for the Company's Family Safety Solution

PITTSBURGH--(BUSINESS WIRE)---- $SMSI #SaaS--Smith Micro Software, Inc. (Nasdaq: SMSI) today announced that on February 21, 2023, the Company received written notice of contract termination from a U.S...

1 year ago - Business Wire

Smith Micro to Attend MWC Barcelona Exploring and Accelerating New Growth Initiatives

PITTSBURGH--(BUSINESS WIRE)--(Nasdaq: SMSI), Smith Micro Software, Inc. will attend MWC Barcelona, organized by the GSMA and held February 27 through March 2, 2023 at the Fira Barcelona Gran Via in Ba...

1 year ago - Business Wire

Smith Micro Executes New Digital Family Safety Contract with Tier 1 U.S. Mobile Network Operator

PITTSBURGH--(BUSINESS WIRE)--(Nasdaq: SMSI), Smith Micro Software, Inc., today announced that the Company has entered into a new contract with a leading mobile network operator in the U.S. to contin...

1 year ago - Business Wire