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Similarweb Ltd has a consensus price target of $12.5 based on the ratings of 10 analysts. The high is $17 issued by JMP Securities on November 14, 2024. The low is $10 issued by Barclays on August 8, 2024. The 3 most-recent analyst ratings were released by Citigroup, JMP Securities, and Needham on November 14, 2024, respectively. With an average price target of $15 between Citigroup, JMP Securities, and Needham, there's an implied 30.32% upside for Similarweb Ltd from these most-recent analyst ratings.
1calculated from analyst ratings
The latest price target for Similarweb (NYSE:SMWB) was reported by Citigroup on November 14, 2024. The analyst firm set a price target for $14.00 expecting SMWB to rise to within 12 months (a possible 17.65% upside). 12 analyst firms have reported ratings in the last year.
The latest analyst rating for Similarweb (NYSE:SMWB) was provided by Citigroup, and Similarweb maintained their buy rating.
The last upgrade for Similarweb Ltd happened on February 15, 2024 when Citigroup raised their price target to $10. Citigroup previously had a neutral for Similarweb Ltd.
The last downgrade for Similarweb Ltd happened on January 12, 2023 when Citigroup changed their price target from N/A to N/A for Similarweb Ltd.
Analysts arrive at stock ratings after doing extensive research, which includes going through public financial statements, talking to executives and customers of Similarweb, 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 Similarweb 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 Similarweb (SMWB) rating was a maintained with a price target of $10.00 to $14.00. The current price Similarweb (SMWB) is trading at is $11.90, which is within the analyst’s predicted range.
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