Similarweb (SMWB) Scheduled to Post Quarterly Earnings on Tuesday

Similarweb (NYSE:SMWB) will release its earnings data after the market closes on Tuesday, November 12th. Analysts expect Similarweb to post earnings of $0.04 per share for the quarter. Persons that wish to register for the company’s earnings conference call can do so using this link.

Similarweb Price Performance

Shares of NYSE:SMWB opened at $9.95 on Friday. The firm has a market capitalization of $805.15 million, a price-to-earnings ratio of -71.07 and a beta of 0.84. The business’s 50 day moving average price is $8.87 and its 200-day moving average price is $8.03. Similarweb has a 1 year low of $4.58 and a 1 year high of $10.00.

Analyst Ratings Changes

A number of analysts have recently commented on SMWB shares. Barclays boosted their target price on shares of Similarweb from $9.00 to $10.00 and gave the stock an “overweight” rating in a research note on Thursday, August 8th. Northland Capmk raised Similarweb to a “strong-buy” rating in a research note on Tuesday, September 10th. JMP Securities lifted their target price on shares of Similarweb from $14.00 to $16.00 and gave the stock a “market outperform” rating in a research note on Wednesday, August 21st. Northland Securities began coverage on shares of Similarweb in a research note on Tuesday, September 10th. They issued an “outperform” rating and a $15.00 price target on the stock. Finally, William Blair reissued an “outperform” rating on shares of Similarweb in a research note on Monday, September 9th. Eight research analysts have rated the stock with a buy rating and one has issued a strong buy rating to the company’s stock. Based on data from MarketBeat, the company has an average rating of “Buy” and an average target price of $11.71.

Similarweb Company Profile

Similarweb Ltd. provides cloud-based digital intelligence solutions in the United States, Europe, the Asia Pacific, the United Kingdom, Israel, and internationally. The company offers digital research intelligence solutions for its customers to benchmark performance against competitors and market leaders, analyze trends in the market, conduct deeper research into specific companies, and analyze audience behavior; and digital marketing intelligence solutions for its customers to understand their competitors' online acquisition strategies in each marketing channel, and optimize their own strategies.