Similarweb Ltd [SMWB] stock is trading at $16.68, up 2.90%. Until recently, the best way to gauge how the stock has performed was to look at its short-term value. The SMWB shares have gain 5.77% over the last week, with a monthly amount glided 17.71%, and seem to be holding up well over a long-time horizon.
From an analyst’s perspective:
Similarweb Ltd [NYSE: SMWB] stock has seen the most recent analyst activity on December 11, 2024, when Goldman initiated its Buy rating and assigned the stock a price target of $16. Previously, Needham started tracking the stock with Buy rating on October 21, 2024, and set its price target to $11. On September 10, 2024, Northland Capital initiated with a Outperform rating and assigned a price target of $15 on the stock. Citigroup upgraded its rating to a Buy and increased its price target to $10 on February 15, 2024. Citigroup downgraded its rating to Neutral for this stock on January 12, 2023, and downed its price target to $7. In a note dated May 24, 2022, Cantor Fitzgerald initiated an Overweight rating and provided a target price of $17 on this stock.
Similarweb Ltd [SMWB] stock has fluctuated between $5.71 and $17.39 over the past year. Currently, Wall Street analysts expect the stock to reach $15 within the next 12 months. Similarweb Ltd [NYSE: SMWB] shares were valued at $16.68 at the most recent close of the market. An investor can expect a potential drop of -10.07% based on the average SMWB price forecast.
Analyzing the SMWB fundamentals
Similarweb Ltd [NYSE:SMWB] reported sales of 241.08M for the trailing twelve months, which represents a growth of 18.01%. Gross Profit Margin for this corporation currently stands at 0.79% with Operating Profit Margin at -0.03%, Pretax Profit Margin comes in at -0.03%, and Net Profit Margin reading is -0.04%. To continue investigating profitability, this company’s Return on Assets is posted at -0.04, Equity is -0.45 and Total Capital is -0.1. Upon thorough examination of the company’s fundamental financial framework, it becomes apparent that the debt-to-equity ratio stands at 1.57.
Before buying any particular stock, readers tend to pay close attention to the indicators that support and create resistance. The company’s stock is currently sitting at 16.30 points at the first support level, and at 15.92 for the second support level. However, for the 1st resistance point, the stock is sitting at 17.05, and for the 2nd resistance point, it is at 17.43.
Ratios To Look Out For
For context, Similarweb Ltd’s Current Ratio is 0.69. As well, the Quick Ratio is 0.69, while the Cash Ratio is 0.37. Considering the valuation of this stock, the price to sales ratio is 5.65, the price to book ratio is 52.03.
Transactions by insiders
Recent insider trading involved Offer Or, Officer, that happened on Jan 21 ’25 when 62500.0 shares were purchased. Officer, Seror Benjamin completed a deal on Jan 14 ’25 to buy 50000.0 shares. Meanwhile, Officer Seror Benjamin bought 50000.0 shares on Jan 08 ’25.
