Bloomberg has integrated Similarweb's (SMWB, Financial) web traffic information into its Bloomberg Terminal, aiming to support investors with insights into emerging company trends. This addition allows users to analyze company performance with greater anticipation, reflecting a market demand for timely and predictive data. As a result of this development, Similarweb's shares have risen by 4%, reaching $7.87 during premarket trading.
Wall Street Analysts Forecast
Based on the one-year price targets offered by 8 analysts, the average target price for Similarweb Ltd (SMWB, Financial) is $13.75 with a high estimate of $18.00 and a low estimate of $10.00. The average target implies an upside of 81.88% from the current price of $7.56. More detailed estimate data can be found on the Similarweb Ltd (SMWB) Forecast page.
Based on the consensus recommendation from 9 brokerage firms, Similarweb Ltd's (SMWB, Financial) average brokerage recommendation is currently 1.6, indicating "Outperform" status. The rating scale ranges from 1 to 5, where 1 signifies Strong Buy, and 5 denotes Sell.
Based on GuruFocus estimates, the estimated GF Value for Similarweb Ltd (SMWB, Financial) in one year is $10.02, suggesting a upside of 32.54% from the current price of $7.56. GF Value is GuruFocus' estimate of the fair value that the stock should be traded at. It is calculated based on the historical multiples the stock has traded at previously, as well as past business growth and the future estimates of the business' performance. More detailed data can be found on the Similarweb Ltd (SMWB) Summary page.
SMWB Key Business Developments
Release Date: May 14, 2025
For the complete transcript of the earnings call, please refer to the full earnings call transcript.
Positive Points
- Revenue increased by 14% to $67 million, surpassing expectations.
- Customer base grew 19% year over year, reaching over 5,700 customers.
- Achieved a sixth consecutive quarter of positive free cash flow.
- Successful launch of new products like Gen AI, Traffic Intelligence, and App Intelligence.
- 52% of ARR is contracted under multi-year agreements, indicating strong customer commitment.
Negative Points
- Non-GAAP operating loss of 2% due to increased investment in sales and R&D.
- NRR for over $100,000 customers dipped slightly, indicating potential challenges in upselling.
- Billing growth slowed, raising concerns about potential seasonal patterns.
- Current RPO growth has slowed, with expectations of re-acceleration later in the year.
- New customer additions are coming in at a lower average deal size, impacting immediate revenue growth.
