Similarweb Ltd. (SMWB)
NYSE: SMWB · IEX Real-Time Price · USD
7.74
+0.19 (2.52%)
Apr 23, 2024, 10:38 AM EDT - Market open
Similarweb Stock Forecast
Stock Price Forecast
The 6 analysts with 12-month price forecasts for Similarweb stock have an average target of 10.67, with a low estimate of 9.00 and a high estimate of 14. The average target predicts an increase of 37.86% from the current stock price of 7.74.
Analyst Consensus: Strong Buy
* Price targets were last updated on Mar 15, 2024.
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 | Nov '23 | Dec '23 | Jan '24 | Feb '24 | Mar '24 | Apr '24 |
|---|---|---|---|---|---|---|
| Strong Buy | 0 | 0 | 0 | 2 | 2 | 2 |
| Buy | 6 | 6 | 6 | 4 | 4 | 4 |
| Hold | 1 | 1 | 1 | 0 | 0 | 0 |
| Sell | 0 | 0 | 0 | 0 | 0 | 0 |
| Strong Sell | 0 | 0 | 0 | 0 | 0 | 0 |
| Total | 7 | 7 | 7 | 6 | 6 | 6 |
Latest Forecasts
| Analyst | Firm | Rating | Rating | Action | Price Target | Upside | Date |
|---|---|---|---|---|---|---|---|
| JMP Securities | JMP Securities | Buy Reiterates $14 | Buy | Reiterates | $14 | +80.88% | Mar 15, 2024 |
| Barclays | Barclays | Buy Maintains $8 → $9 | Buy | Maintains | $8 → $9 | +16.28% | Feb 15, 2024 |
| Citigroup | Citigroup | Hold → Strong Buy Upgrades $6 → $10 | Hold → Strong Buy | Upgrades | $6 → $10 | +29.20% | Feb 15, 2024 |
| Jefferies | Jefferies | Strong Buy Initiates $10 | Strong Buy | Initiates | $10 | +29.20% | Feb 7, 2024 |
| JP Morgan | JP Morgan | Buy Maintains $12 → $10 | Buy | Maintains | $12 → $10 | +29.20% | Aug 10, 2023 |
Financial Forecast
Revenue This Year
254.82M
from 218.02M
Increased by 16.88%
Revenue Next Year
290.65M
from 254.82M
Increased by 14.06%
EPS This Year
0.09
from -0.38
EPS Next Year
0.23
from 0.09
Increased by 149.54%
Revenue Forecast
| Revenue | 2024 | 2025 | 2026 |
|---|---|---|---|
| High | 294.5M | 338.9M | 365.5M |
| Avg | 254.8M | 290.7M | 335.5M |
| Low | 238.8M | 258.2M | 309.4M |
Revenue Growth
| Revenue Growth | 2024 | 2025 | 2026 |
|---|---|---|---|
| High | 35.1% | 33.0% | 25.8% |
| Avg | 16.9% | 14.1% | 15.4% |
| Low | 9.5% | 1.3% | 6.5% |
EPS Forecast
| EPS | 2024 | 2025 | 2026 |
|---|---|---|---|
| High | 0.23 | 0.40 | 0.40 |
| Avg | 0.09 | 0.23 | 0.35 |
| Low | -0.04 | 0.05 | 0.30 |
EPS Growth
| EPS Growth | 2024 | 2025 | 2026 |
|---|---|---|---|
| High | - | 334.5% | 74.1% |
| Avg | - | 149.5% | 53.5% |
| Low | - | -46.9% | 31.9% |
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.