Smith Micro Software, Inc. (SMSI)

Smith Micro Software Stock Forecast

SMSI's stock price has decreased by -54.62% in the past year and price targets may not have had time to catch up.

Stock Price Forecast

The 1 analyst with a 12-month price forecast for Smith Micro Software stock has a target of 5.00, which predicts an increase of 468.18% from the current stock price of 0.88.

Analyst Consensus: Strong Buy

Target	Low	Average	Median	High
Price	$5.00	$5.00	$5.00	$5.00
Change	+468.18%	+468.18%	+468.18%	+468.18%

* Price targets were last updated on Nov 14, 2024.

Analyst Ratings

According to 1 stock analyst, the rating for Smith Micro Software is "Strong Buy". This means that the analyst believes this stock is likely to perform very well in the near future and significantly outperform the market.

Recommendation Trends

Rating	Nov '24	Dec '24	Jan '25	Feb '25	Mar '25	Apr '25
Strong Buy	1	1	1	1	1	1
Buy	0	0	0	0	0	0
Hold	0	0	0	0	0	0
Sell	0	0	0	0	0	0
Strong Sell	0	0	0	0	0	0
Total	1	1	1	1	1	1

Latest Forecasts

Analyst	Firm	Rating	Rating	Action	Price Target	Upside	Date
Matthew Harrigan Benchmark	Benchmark	Strong Buy Reiterates $5	Strong Buy	Reiterates	$5	+468.18%	Nov 14, 2024
Matthew Harrigan Benchmark	Benchmark	Strong Buy Maintains $28 → $20	Strong Buy	Maintains	$28 → $20	+2,172.73%	Mar 22, 2024
Matthew Harrigan Benchmark	Benchmark	Strong Buy Maintains $36 → $28	Strong Buy	Maintains	$36 → $28	+3,081.82%	Nov 10, 2023
Scott Searle Roth MKM	Roth MKM	Strong Buy Reiterates $36	Strong Buy	Reiterates	$36	+3,990.91%	Sep 13, 2023
Matthew Harrigan Benchmark	Benchmark	Strong Buy Reiterates $36	Strong Buy	Reiterates	$36	+3,990.91%	Aug 31, 2023

More Analyst Ratings

Financial Forecast

Revenue This Year

28.04M

Increased by 36.40%

from 20.56M

Revenue Next Year

40.95M

Increased by 46.07%

from 28.04M

EPS This Year

-0.03

from -3.94

EPS Next Year

0.21

from -0.03

Fiscal Year	FY 2020	FY 2021	FY 2022	FY 2023	FY 2024	FY 2025	FY 2026	FY 2027
Period Ending	Dec 31, 2020	Dec 31, 2021	Dec 31, 2022	Dec 31, 2023	Dec 31, 2024	Dec 31, 2025	Dec 31, 2026	Dec 31, 2027
Revenue	51.30M	58.42M	48.51M	40.86M	20.56M	28.04M	40.95M	63.55M
Revenue Growth	18.35%	13.88%	-16.96%	-15.77%	-49.70%	36.40%	46.07%	55.17%
EPS	0.80	-4.88	-4.24	-3.01	-3.94	-0.03	0.21	-
EPS Growth	-65.52%	-	-	-	-	-	-	-
Forward PE	-	-	-	-	-	-	4.11	-
No. Analysts	-	-	-	-	-	5	4	3

Historical EPS numbers are GAAP, while forecasted numbers may be non-GAAP.

Revenue Forecast

Revenue	2025	2026	2027
High	31.6M	43.2M	65.4M
Avg	28.0M	41.0M	63.5M
Low	24.4M	38.4M	61.1M

Revenue Growth

Revenue Growth	2025	2026	2027
High	53.6%	53.9%	59.7%
Avg	36.4%	46.1%	55.2%
Low	18.7%	37.0%	49.1%

EPS Forecast

EPS	2025	2026
High	-0.03	0.22
Avg	-0.03	0.21
Low	-0.03	0.21

EPS Growth

EPS Growth	2025	2026
High	-	-
Avg	-	-
Low	-	-

Sources: Price targets and analyst ratings provided by Benzinga. Revenue and EPS forecast data provided by Finnhub. The data is sourced from Wall Street analysts. Data disclaimer.