Profile
Sector:
TechnologyIndustry:
Software ApplicationCountry:
IsraelIPO:
12 May 2021Website:
http://www.similarweb.comNext earnings report:
07 November 2024Last dividends:
N/ANext dividends:
N/APrice
after hours | Fri, 01 Nov 2024 20:06:00 GMTDividend
Analysts recommendations
Institutional Ownership
SMWB Latest News
Shares of Similarweb Ltd SMWB have climbed almost 77% year to date.
TEL AVIV, Israel & NEW YORK--(BUSINESS WIRE)--Similarweb (NYSE:SMWB) was recognized as the Alternative Data Provider of the Year at the Hedgeweek US Awards 2024 award ceremony in New York today. The award recognizes the benefits Similarweb's data and platform provide to investors leveraging non-financial measures of company performance as a way of anticipating market trends and evaluating the performance of private and pre-IPO companies. Hedgeweek US recognized Similarweb as Alternative Data Pr.
Upgrading Similarweb to ‘Buy' due to improved revenue quality, net revenue retention, and margin profile, despite competitive pressures and modest revenue growth. Similarweb's operating expenses have stabilized, indicating a shift to sustainable growth. Competitive pressures from rivals like Semrush remain a concern, but Similarweb's focus on high-ticket, high-retention customers could drive future revenue and valuation multiples.
Similarweb (SMWB) could be a solid choice for shorter-term investors looking to capitalize on the recent price trend in fundamentally sound stocks. It is one of the many stocks that passed through our shorter-term trading strategy-based screen.
Does Similarweb (SMWB) have what it takes to be a top stock pick for momentum investors? Let's find out.
If you are looking for stocks that are well positioned to maintain their recent uptrend, Similarweb (SMWB) could be a great choice. It is one of the several stocks that passed through our "Recent Price Strength" screen.
The consensus price target hints at a 36.8% upside potential for Similarweb (SMWB). While empirical research shows that this sought-after metric is hardly effective, an upward trend in earnings estimate revisions could mean that the stock will witness an upside in the near term.
Similarweb's business continues to improve with strong free cash flow and profitability. Similarweb guided to much higher profits and slightly increased revenue, showing good prospects despite general market concerns about IT spending. The company's potential to become non-cyclical in a recession could provide additional upside surprises, along with delivering digital data for big tech large language models.
Similarweb (SMWB) witnessed a jump in share price last session on above-average trading volume. The latest trend in earnings estimate revisions for the stock doesn't suggest further strength down the road.
Similarweb is a leading player in market intelligence, benefiting from digitalization trend. Unique data collection methods and historical datasets give SMWB a competitive edge. Recent quarters show positive growth trajectory, with key metrics improving.
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What type of business is Similarweb?
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. It also provides sales intelligence solutions for its customers to access relevant buying signals and digital insights of their customers to generate leads quickly; and shopper intelligence solutions for its customers to analyze a view of their customers' digital journeys, monitor consumer demand, increase brand visibility in the search process, and optimize category and product level conversion in the purchase process. In addition, the company offers investor intelligence solutions for its customers to access an end-to-end view of market, sector, and company performance to ideate and monitor investment opportunities; forecast market performance; and perform due diligence. Further, it provides data-as-a-service and advisory services. The company serves retail, consumer packaged goods, consumer finance, consultancies, marketing and advertising agencies, media and publishers, business-to-business software, payment processors, travel, and institutional investors. Similarweb Ltd. was incorporated in 2009 and is headquartered in Givatayim, Israel.
What sector is Similarweb in?
Similarweb is in the Technology sector
What industry is Similarweb in?
Similarweb is in the Software Application industry
What country is Similarweb from?
Similarweb is headquartered in Israel
When did Similarweb go public?
Similarweb initial public offering (IPO) was on 12 May 2021
What is Similarweb website?
https://www.similarweb.com
Is Similarweb in the S&P 500?
No, Similarweb is not included in the S&P 500 index
Is Similarweb in the NASDAQ 100?
No, Similarweb is not included in the NASDAQ 100 index
Is Similarweb in the Dow Jones?
No, Similarweb is not included in the Dow Jones index
When was Similarweb the previous earnings report?
No data
When does Similarweb earnings report?
The next expected earnings date for Similarweb is 07 November 2024