Similarweb Ltd. (SMWB)
NYSE: SMWB · IEX Real-Time Price · USD
7.38
-0.12 (-1.60%)
At close: Jul 2, 2024, 4:00 PM
7.37
-0.01 (-0.14%)
After-hours: Jul 2, 2024, 7:26 PM EDT
Similarweb Stock Forecast
Stock Price Forecast
The 5 analysts with 12-month price forecasts for Similarweb stock have an average target of 10.6, with a low estimate of 9.00 and a high estimate of 14. The average target predicts an increase of 43.63% from the current stock price of 7.38.
Analyst Consensus: Strong Buy
* Price targets were last updated on Mar 15, 2024.
Analyst Ratings
The average analyst rating for Similarweb stock from 5 stock analysts 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 | Jan '24 | Feb '24 | Mar '24 | Apr '24 | May '24 | Jun '24 |
|---|---|---|---|---|---|---|
| Strong Buy | 0 | 2 | 2 | 2 | 2 | 2 |
| Buy | 6 | 4 | 4 | 4 | 4 | 3 |
| Hold | 1 | 0 | 0 | 0 | 0 | 0 |
| Sell | 0 | 0 | 0 | 0 | 0 | 0 |
| Strong Sell | 0 | 0 | 0 | 0 | 0 | 0 |
| Total | 7 | 6 | 6 | 6 | 6 | 5 |
Latest Forecasts
| Analyst | Firm | Rating | Rating | Action | Price Target | Upside | Date |
|---|---|---|---|---|---|---|---|
| JMP Securities | JMP Securities | Buy Reiterates $14 | Buy | Reiterates | $14 | +89.70% | Mar 15, 2024 |
| Barclays | Barclays | Buy Maintains $8 → $9 | Buy | Maintains | $8 → $9 | +21.95% | Feb 15, 2024 |
| Citigroup | Citigroup | Hold → Strong Buy Upgrades $6 → $10 | Hold → Strong Buy | Upgrades | $6 → $10 | +35.50% | Feb 15, 2024 |
| Jefferies | Jefferies | Strong Buy Initiates $10 | Strong Buy | Initiates | $10 | +35.50% | Feb 7, 2024 |
| JP Morgan | JP Morgan | Buy Maintains $12 → $10 | Buy | Maintains | $12 → $10 | +35.50% | Aug 10, 2023 |
Financial Forecast
Revenue This Year
249.66M
from 218.02M
Increased by 14.51%
Revenue Next Year
283.86M
from 249.66M
Increased by 13.70%
EPS This Year
0.11
from -0.38
EPS Next Year
0.23
from 0.11
Increased by 120.22%
Revenue Forecast
| Revenue | 2024 | 2025 | 2026 |
|---|---|---|---|
| High | 259.4M | 301.4M | 365.2M |
| Avg | 249.7M | 283.9M | 335.6M |
| Low | 239.1M | 258.3M | 309.9M |
Revenue Growth
| Revenue Growth | 2024 | 2025 | 2026 |
|---|---|---|---|
| High | 19.0% | 20.7% | 28.7% |
| Avg | 14.5% | 13.7% | 18.2% |
| Low | 9.7% | 3.5% | 9.2% |
EPS Forecast
| EPS | 2024 | 2025 | 2026 |
|---|---|---|---|
| High | 0.12 | 0.28 | 0.45 |
| Avg | 0.11 | 0.23 | 0.36 |
| Low | 0.09 | 0.17 | 0.28 |
EPS Growth
| EPS Growth | 2024 | 2025 | 2026 |
|---|---|---|---|
| High | - | 169.8% | 96.5% |
| Avg | - | 120.2% | 57.4% |
| Low | - | 58.6% | 22.8% |
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.