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Smith Micro Software Inc has a consensus price target of $4.41 based on the ratings of 5 analysts. The high is $8.3 issued by Dawson James on March 11, 2022. The low is $2 issued by Lake Street on November 10, 2022. The 3 most-recent analyst ratings were released by Benchmark on November 14, 2024, March 22, 2024, and November 10, 2023, respectively. With an average price target of $3.67 between Benchmark, there's an implied 272.02% upside for Smith Micro Software Inc from these most-recent analyst ratings.
1calculated from analyst ratings
The latest price target for Smith Micro Software (NASDAQ:SMSI) was reported by Benchmark on November 14, 2024. The analyst firm set a price target for $5.00 expecting SMSI to rise to within 12 months (a possible 407.31% upside). 2 analyst firms have reported ratings in the last year.
The latest analyst rating for Smith Micro Software (NASDAQ:SMSI) was provided by Benchmark, and Smith Micro Software reiterated their buy rating.
There is no last upgrade for Smith Micro Software
The last downgrade for Smith Micro Software Inc happened on November 10, 2022 when Lake Street changed their price target from $4 to $2 for Smith Micro Software Inc.
Analysts arrive at stock ratings after doing extensive research, which includes going through public financial statements, talking to executives and customers of Smith Micro Software, and listening in to earnings conference calls. Most analysts do this every three months, so you should get 4 ratings per company per firm each year. The last rating for Smith Micro Software was filed on November 14, 2024 so you should expect the next rating to be made available sometime around November 14, 2025.
While ratings are subjective and will change, the latest Smith Micro Software (SMSI) rating was a reiterated with a price target of $5.00 to $5.00. The current price Smith Micro Software (SMSI) is trading at is $0.99, which is out of the analyst’s predicted range.
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