Similarweb Ltd. (SMWB)
NYSE: SMWB · Real-Time Price · USD
8.32
-0.09 (-1.07%)
Sep 18, 2024, 4:00 PM EDT - Market closed

Similarweb Stock Forecast

Stock Price Forecast

The 6 analysts with 12-month price forecasts for Similarweb stock have an average target of 11.83, with a low estimate of 10 and a high estimate of 16. The average target predicts an increase of 42.19% from the current stock price of 8.32.

Analyst Consensus: Strong Buy
Target Low Average Median High
Price $10 $11.83 $10 $16
Change +20.19% +42.19% +20.19% +92.31%

Analyst Ratings

The average analyst rating for Similarweb stock from 6 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 Apr '24May '24Jun '24Jul '24Aug '24Sep '24
Strong Buy 222222
Buy 444434
Hold 000000
Sell 000000
Strong Sell 000000
Total 666656

Latest Forecasts

Analyst Firm Rating Rating Action Price Target Upside Date
Northland Capital Markets
Northland Capital Markets
Buy
Initiates
$15
Buy Initiates $15 +80.29% Sep 10, 2024
JMP Securities
JMP Securities
Buy
Maintains
$14$16
Buy Maintains $14$16 +92.31% Aug 21, 2024
Barclays
Barclays
Buy
Maintains
$9$10
Buy Maintains $9$10 +20.19% Aug 8, 2024
Cantor Fitzgerald
Cantor Fitzgerald
Buy
Reiterates
$10
Buy Reiterates $10 +20.19% Aug 7, 2024
JMP Securities
JMP Securities
Buy
Reiterates
$14
Buy Reiterates $14 +68.27% Mar 15, 2024
More Analyst Ratings

Financial Forecast

Revenue This Year
252.33M
from 218.02M
Increased by 15.74%
Revenue Next Year
289.04M
from 252.33M
Increased by 14.55%
EPS This Year
0.19
from -0.38
EPS Next Year
0.31
from 0.19
Increased by 66.31%
Fiscal Year FY 2019 FY 2020 FY 2021 FY 2022 FY 2023 FY 2024 FY 2025 FY 2026
Period Ending Dec 31, 2019 Dec 31, 2020 Dec 31, 2021 Dec 31, 2022 Dec 31, 2023 Dec 31, 2024 Dec 31, 2025 Dec 31, 2026
Revenue
70.59M93.49M137.67M193.23M218.02M252.33M289.04M342.65M
Revenue Growth
-32.44%47.26%40.36%12.83%15.74%14.55%18.55%
EPS
-1.32-1.58-1.30-1.10-0.380.190.310.49
EPS Growth
------66.31%55.62%
Forward PE
-----44.3826.6917.15
No. Analysts -----995
Historical EPS numbers are GAAP, while forecasted numbers may be non-GAAP.

Revenue Forecast

Revenue 202420252026
High 260.4M 303.6M 367.0M
Avg 252.3M 289.0M 342.7M
Low 242.1M 264.6M 317.8M

Revenue Growth

Revenue Growth 202420252026
High
19.4%
20.3%
27.0%
Avg
15.7%
14.5%
18.5%
Low
11.0%
4.9%
9.9%

EPS Forecast

EPS 202420252026
High 0.21 0.38 0.56
Avg 0.19 0.31 0.49
Low 0.17 0.21 0.37

EPS Growth

EPS Growth 202420252026
High -
104.4%
79.5%
Avg -
66.3%
55.6%
Low -
9.8%
19.4%
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.