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Similarweb

SMWBNYSE
Logo brought to you by Benzinga Data
$11.51
-0.39-3.28%
Pre-Market: 8:32 AM EDT
Q3 2024 Earnings were released on Tue Nov 12th, after the market close
The most recent conference call was at 8:30 AM, 6 days ago Click to view past webcast
Consensus Rating1
Overweight
Highest Price Target1
$17.00
Lowest Price Target1
$10.00
Consensus Price Target1
$12.50

Similarweb (NYSE:SMWB) Stock, Analyst Ratings, Price Targets, Forecasts

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.

Analyst Trends and Forecast
2
Aug
1
Sep
1
Oct
2
Nov
Buy
Hold
Sell
Strong Sell
Analyst Rating and Forecast
12345
4.4
Buy
Strong Buy
Buy
Hold
Sell
Strong Sell

Analyst Firms Making Recommendations1

Citigroup
JMP Securities
Needham
Northland Capital Markets
Barclays

1calculated from analyst ratings

Analyst Ratings for Similarweb

Data brought to you by Benzinga APIs

FAQ

Q

What is the target price for Similarweb (SMWB) stock?

A

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.

Q

What is the most recent analyst rating for Similarweb (SMWB)?

A

The latest analyst rating for Similarweb (NYSE:SMWB) was provided by Citigroup, and Similarweb maintained their buy rating.

Q

When was the last upgrade for Similarweb (SMWB)?

A

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.

Q

When was the last downgrade for Similarweb (SMWB)?

A

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.

Q

When is the next analyst rating going to be posted or updated for Similarweb (SMWB)?

A

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.

Q

Is the Analyst Rating Similarweb (SMWB) correct?

A

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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