Smith Micro Software, Inc. (SMSI)

Smith Micro Software Stock Forecast

Stock Price Forecast

According to 2 analysts polled by S&P Global, Smith Micro Software stock has a consensus rating of "Strong Buy" and an average price target of $16.25. The average 1-year stock price forecast is 472.18% higher than the current stock price, while the lowest is $12.5 (+340.14%) and the highest is $20 (+604.23%).

Price Target: $16.25 (+472.18%)

Analyst Consensus: Strong Buy

Target	Low	Average	Median	High
Price	$12.5	$16.25	$16.25	$20
Change	+340.14%	+472.18%	+472.18%	+604.23%

* Price targets were last updated on Apr 30, 2026.

Analyst Ratings

The average analyst rating for Smith Micro Software stock is "Strong Buy". This means that analysts believe this stock is likely to perform very well in the near future and significantly outperform the market.

Recommendation Trends

Rating	Aug '25	Oct '25	Nov '25	Feb '26	Mar '26	Apr '26
Strong Buy	2	2	2	1	2	2
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	2	2	2	1	2	2

Latest Forecasts

Analyst	Firm	Rating	Rating	Action	Price Target	Upside	Date
Scott Searle Roth MKM	Roth MKM	Buy Reiterates $15 → $20	Buy	Reiterates	$15 → $20	+604.23%	Apr 30, 2026

Financial Forecast

Revenue This Year

19.95M

Increased by 14.90%

from 17.36M

Revenue Next Year

30.65M

Increased by 53.63%

from 19.95M

EPS This Year

-0.08

from -0.52

EPS Next Year

0.20

from -0.08

Fiscal Year	FY 2021	FY 2022	FY 2023	FY 2024	FY 2025	FY 2026
Period Ending	Dec 31, 2021	Dec 31, 2022	Dec 31, 2023	Dec 31, 2024	Dec 31, 2025	Dec 31, 2026
Revenue	58.42M	48.51M	40.86M	20.56M	17.36M	19.95M
Revenue Growth	13.88%	-16.96%	-15.77%	-49.70%	-15.53%	14.90%
Gross Profit	45.72M	34.30M	30.30M	14.43M	12.86M	16.01M
Gross Margin	78.27%	70.71%	74.16%	70.20%	74.05%	80.25%
Operating Income	-16.57M	-30.93M	-18.06M	-25.40M	-19.25M	-10.25M
Net Income	-31.04M	-29.28M	-24.40M	-48.70M	-29.33M	-11.25M
EPS	-	-	-	-	-0.52	-0.08
Free Cash Flow	4.99M	-6.14M	-4.42M	-4.11M	854.88K	-2.30M
No. Analysts	-	-	-	-	-	2

EPS and Forward PE are based on non-GAAP adjusted numbers.

Revenue Forecast

Revenue	2026	2027	2028
High	20.1M
Avg	20.0M
Low	19.8M

Revenue Growth

Revenue Growth	2026	2027	2028
High	15.8%
Avg	14.9%
Low	14.0%

EPS Forecast

EPS	2026	2027	2028
High	-
Avg	-0.08
Low	-

EPS Growth

EPS Growth	2026	2027	2028
High	-
Avg	-
Low	-

Data Sources: S&P Global Market Intelligence and TipRanks Last updated: Apr 30, 2026

Price targets, consensus ratings and financial forecasts are provided by S&P Global Market Intelligence. Individual analyst data is provided by TipRanks. Price targets and consensus ratings update every hour to every three days, while individual analyst data updates in near real-time.

Last checked:

Jun 23, 2026

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