ShotSpotter, Inc. provides precision-policing and security solutions for law enforcement and security personnel in the United States, South Africa, and the Bahamas. Its solutions include ShotSpotter Respond, a public safety solution, which serves cities and municipalities to identify, locate, and deter gun violence by incorporating a real-time gunshot detection system into their policing systems; and ShotSpotter Connect, a patrol management software to help plan directed patrols and tactics for crime deterrence. The company also provides ShotSpotter SecureCampus and ShotSpotter SiteSecure that helps the law enforcement and security personnel serving universities, corporate campuses, big-box retail, malls, and key infrastructure or transportation centers to mitigate risk and enhance security by notifying authorities of a outdoor gunfire incident and saving minutes for first responders to arrive. In addition, it offers ShotSpotter Investigate, a cloud-based investigative platform to help law enforcement agencies modernize every phase of an investigation and accelerate case work with easy-to-use software tools. Further, it provides ShotSpotter Labs, a technology to adapt and extend commercial technology to address significant wildlife and environmental issues. The company sells its solutions through its direct sales teams. ShotSpotter, Inc. was founded in 1996 and is headquartered in Newark, California.
IPO Year: 2017
Exchange: NASDAQ
Website: shotspotter.com
| Date | Price Target | Rating | Analyst |
|---|---|---|---|
| 2/18/2025 | Hold → Buy | Craig Hallum | |
| 5/24/2024 | $21.00 | Buy | Lake Street |
| 5/17/2024 | Outperform → Mkt Perform | William Blair | |
| 6/28/2023 | $31.00 | Overweight | Cantor Fitzgerald |
| 5/10/2023 | $45.00 | Outperform → In-line | Imperial Capital |
| 4/6/2023 | $48.00 → $30.00 | Buy → Hold | Craig Hallum |
| 10/19/2022 | $42.00 | Mkt Perform → Mkt Outperform | JMP Securities |
| 8/10/2022 | $38.00 | Hold → Buy | Lake Street |
| 6/30/2022 | Mkt Perform → Outperform | William Blair | |
| 12/21/2021 | Market Perform | JMP Securities |
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4 - SOUNDTHINKING, INC. (0001351636) (Issuer)
4 - SOUNDTHINKING, INC. (0001351636) (Issuer)
4 - SOUNDTHINKING, INC. (0001351636) (Issuer)
4 - SOUNDTHINKING, INC. (0001351636) (Issuer)
4 - SOUNDTHINKING, INC. (0001351636) (Issuer)
4 - SOUNDTHINKING, INC. (0001351636) (Issuer)
4 - SOUNDTHINKING, INC. (0001351636) (Issuer)
FREMONT, Calif., April 24, 2025 (GLOBE NEWSWIRE) -- SoundThinking, Inc. (NASDAQ:SSTI), a leading public safety technology provider, today announced the beta release of generative artificial intelligence (AI) capabilities for CrimeTracer™, the company's advanced search engine for law enforcement investigations. This enhancement enables investigators to use natural language processing to search for and discover critical information and leads helping to significantly streamline investigative workflows. The AI-powered functionality allows users to interact with CrimeTracer through conversational queries, eliminating complex search syntax and helping officers quickly find connections across bi
FREMONT, Calif., April 22, 2025 (GLOBE NEWSWIRE) -- SoundThinking, Inc. (NASDAQ:SSTI) ("SoundThinking" or the "Company"), a leading public safety technology company, today announced the date for the release of its first quarter 2025 earnings and its participation in upcoming investor conferences. First Quarter 2025 Earnings Date SoundThinking will hold a conference call on Tuesday, May 13, 2025 at 4:30 p.m. Eastern time (1:30 p.m. Pacific time) to discuss its financial results for the first quarter ended March 31, 2025. Financial results will be issued in a press release prior to the call. SoundThinking management will host the presentation, followed by a question-and-answer period. Da
FREMONT, Calif., April 17, 2025 (GLOBE NEWSWIRE) -- SoundThinking, Inc. (NASDAQ:SSTI) ("SoundThinking" or the "Company"), a leading public safety technology company, today announced the appointment of Burton Goldfield to its Board of Directors effective April 17, 2025. He will also serve as a member of the Company's Audit Committee and Compensation and Human Capital Committee, with the committee appointments to become effective as of the Company's 2025 annual meeting of stockholders. "I am excited to join the Board of Directors of SoundThinking," said Mr. Goldfield. "I have held a long-time admiration for this company's passion and mission-driven purpose to create safer, more connected co
FREMONT, Calif. and COLUMBIA, Md., April 15, 2025 (GLOBE NEWSWIRE) -- SoundThinking, Inc. (NASDAQ:SSTI), a leading public safety technology provider, today announced the integration of PlateRanger™ powered by Rekor® (NASDAQ:REKR) – its advanced license plate and vehicle recognition (ALPR) solution – into the company's SafetySmart™ platform alongside ShotSpotter® and CrimeTracer™. These milestones strengthen SoundThinking's commitment to open standards and seamless interoperability, empowering law enforcement agencies to accelerate investigations, uncover new leads, and improve public safety outcomes by further integrating valuable information technologies. The integrations enable agencies
Summary: SoundThinking today announced that ResourceRouter's customer base more than doubled in 2024, driven by new patrol operations capabilities that provide officers with critical field information and enable agencies to do more with limited staffing. FREMONT, Calif., April 03, 2025 (GLOBE NEWSWIRE) -- SoundThinking, Inc. (NASDAQ:SSTI), a leading public safety technology provider, today announced that the customer base for its ResourceRouter™ patrol operations solution more than doubled in 2024, reflecting growing demand for technology that maximizes patrol efficiency amid nationwide staffing challenges. This significant growth has been fueled by new features that deliver mission-criti
Summary: SoundThinking, Inc. today announced that four cities in the Greater Los Angeles area have either renewed or adopted contracts to deploy ShotSpotter, the leading acoustic gunshot detection system. FREMONT, Calif., March 27, 2025 (GLOBE NEWSWIRE) -- SoundThinking, Inc. (NASDAQ:SSTI), a leading public safety technology provider, today announced one new customer agreement and three contract renewals in the greater Los Angeles area for its ShotSpotter acoustic gunshot detection system. ShotSpotter has been adopted in several communities across Los Angeles County, with Pasadena, Lancaster, Hawaiian Gardens and Lakewood, CA all deploying the technology to address gun violence and safegu
Summary: SoundThinking, Inc. today announced a renewal of its partnership with the New York City Police Department for TechnoLogic, its subsidiary providing enterprise resource and investigative case management software and services. FREMONT, Calif., March 20, 2025 (GLOBE NEWSWIRE) -- SoundThinking, Inc. (NASDAQ:SSTI), a leading public safety technology provider, today announced that the New York City Police Department (NYPD) is renewing its contract with TechnoLogic Solutions, LLC, a SoundThinking subsidiary (formerly LEEDS, LLC) to provide law enforcement enterprise resource and investigative case management software and services. Total contract value is approximately $43 million over a
Summary: SoundThinking announces deployment of ShotSpotter in Niterói, Brazil, marking a significant milestone in the company's expansion into South America FREMONT, Calif., March 04, 2025 (GLOBE NEWSWIRE) -- SoundThinking, Inc. (NASDAQ:SSTI), a leading public safety technology provider, today announced a three-year agreement to deploy ShotSpotter, its acoustic gunshot detection solution, in Niterói, Brazil. Niterói is a city with nearly 500,000 residents in southeast Brazil, connected to Rio de Janeiro by a bridge across Guanabara Bay. This deployment, covering 10 square kilometers, marks SoundThinking's return to the largest country in South America and builds on the company's successfu
Full Year 2024 Revenues Increased 10% to a Record $102.0 Million, the Highest Annual Revenues in Company History Fourth quarter and 2024 financial results were affected by the delay of approximately $3.5 million of two contract renewals, one of which has renewed and the second of which is currently expected to renew in the first quarter of 2025 Company Raises FY 2025 Revenue Guidance Range to $111.0 Million to $113.0 Million, Representing 10% Year-Over-Year Growth at the Midpoint, and Increases FY 2025 Adjusted EBITDA Margin Guidance Range to 21% to 23%. ARR Expected to Increase from $95.6 Million at the Beginning of 2025 to Approximately $110.0 Million at the Beginning of 2026 FREM
Summary: SoundThinking, Inc. today announced a multi-year renewal of its partnership with the New York Police Department for the deployment of ShotSpotter, the industry-leading acoustic gunshot detection system. FREMONT, Calif., Feb. 18, 2025 (GLOBE NEWSWIRE) -- SoundThinking, Inc. (NASDAQ:SSTI), a leading public safety technology provider, today announced that the New York Police Department (NYPD) renewed its ShotSpotter acoustic gunshot detection service. The multi-year contract renewal is valued at approximately $21.8 million in aggregate. Since it was first deployed in New York City in 2015, ShotSpotter has been an effective, accurate, and unbiased tool utilized by the NYPD to fill t
FREMONT, Calif., Aug. 27, 2024 (GLOBE NEWSWIRE) -- SoundThinking, Inc. ("SoundThinking" or the "Company") (NASDAQ:SSTI), a leading public safety technology company, has appointed Adan Pope as Senior Vice President of Data and Artificial Intelligence. In this newly created role, Pope will lead the Company's efforts to leverage artificial intelligence (AI) and machine learning (ML) technologies across its SafetySmart™ Platform and internal operations. "We are thrilled to welcome Adan to our executive leadership team," said Ralph Clark, CEO of SoundThinking. "His extensive and unique experiences coupled with a proven track record in driving technological innovation align perfectly with our v
AUSTIN, Texas, June 23, 2022 (GLOBE NEWSWIRE) -- Aspira Women's Health Inc. ("Aspira"), a bio-analytical based women's health company focused on gynecologic disease, today announced the appointments of two seasoned Board members: Dr. Robert Auerbach and Ms. Ruby Sharma. Dr. Auerbach retired President of CooperSurgical Inc., brings extensive experience in the medical industry, including experience as a director and as an executive officer. Ms. Sharma, Managing Partner at RNB Strategic Advisors, brings decades of senior leadership, accounting, and audit committee experience. "We warmly welcome both Bob and Ruby to our Board. Each brings different - but equally critical - skills and experti
FREMONT, Calif., Dec. 13, 2021 (GLOBE NEWSWIRE) -- ShotSpotter, Inc (NASDAQ:SSTI), a leader in precision policing technology solutions that enable law enforcement to more effectively respond to, investigate, and deter crime, today announced that Ruby Sharma has been appointed to the company's board of directors. Ms. Sharma has served as Managing Partner of RNB Strategic Advisors, a strategic advisory firm, since September 2018. Ms. Sharma retired as senior partner at Ernst & Young LLP after 15 years where she worked with multi-national Fortune 500 corporations and founded The Center for Board Matters, a global strategy and execution infrastructure for governance services to boards and the
NEWARK, Calif., July 20, 2021 (GLOBE NEWSWIRE) -- ShotSpotter, Inc. (NASDAQ:SSTI), a leader in precision policing technology solutions that enable law enforcement to more effectively respond to, investigate and deter crime, today announced the addition of Ambassador Roberta Jacobson to its board of directors, effective July 19, 2021. With these changes, ShotSpotter's board composition expands to eight total directors, seven of whom are independent. Ambassador Jacobson brings more than 30 years of experience in public service, diplomacy, and international relations to ShotSpotter. Jacobson currently serves as a Senior Advisor at Albright Stonebridge Group, a global business strategy firm b
NEWARK, Calif., Dec. 08, 2020 (GLOBE NEWSWIRE) -- ShotSpotter, Inc. (Nasdaq: SSTI), a leader in precision policing solutions that help law enforcement to more effectively respond to, investigate and deter crime, today announced it has received a Net Promoter Score (NPS) above the +60% level, considered “World Class”, affirming its long-standing commitment to outstanding customer success and satisfaction. The online Customer Loyalty and Satisfaction Survey, conducted in September 2020 by Satrix Solutions, is a business metric measuring overall customer loyalty and the likelihood that a product will be recommended to others. ShotSpotter’s 2020 score is the highest the company has receiv
Craig Hallum upgraded SoundThinking from Hold to Buy
Lake Street resumed coverage of SoundThinking with a rating of Buy and set a new price target of $21.00
William Blair downgraded SoundThinking from Outperform to Mkt Perform
Cantor Fitzgerald initiated coverage of SoundThinking with a rating of Overweight and set a new price target of $31.00
Imperial Capital downgraded SoundThinking from Outperform to In-line and set a new price target of $45.00
Craig Hallum downgraded ShotSpotter from Buy to Hold and set a new price target of $30.00 from $48.00 previously
JMP Securities upgraded ShotSpotter from Mkt Perform to Mkt Outperform and set a new price target of $42.00
Lake Street upgraded ShotSpotter from Hold to Buy and set a new price target of $38.00
William Blair upgraded ShotSpotter from Mkt Perform to Outperform
JMP Securities resumed coverage of ShotSpotter with a rating of Market Perform
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FREMONT, Calif., April 22, 2025 (GLOBE NEWSWIRE) -- SoundThinking, Inc. (NASDAQ:SSTI) ("SoundThinking" or the "Company"), a leading public safety technology company, today announced the date for the release of its first quarter 2025 earnings and its participation in upcoming investor conferences. First Quarter 2025 Earnings Date SoundThinking will hold a conference call on Tuesday, May 13, 2025 at 4:30 p.m. Eastern time (1:30 p.m. Pacific time) to discuss its financial results for the first quarter ended March 31, 2025. Financial results will be issued in a press release prior to the call. SoundThinking management will host the presentation, followed by a question-and-answer period. Da
Full Year 2024 Revenues Increased 10% to a Record $102.0 Million, the Highest Annual Revenues in Company History Fourth quarter and 2024 financial results were affected by the delay of approximately $3.5 million of two contract renewals, one of which has renewed and the second of which is currently expected to renew in the first quarter of 2025 Company Raises FY 2025 Revenue Guidance Range to $111.0 Million to $113.0 Million, Representing 10% Year-Over-Year Growth at the Midpoint, and Increases FY 2025 Adjusted EBITDA Margin Guidance Range to 21% to 23%. ARR Expected to Increase from $95.6 Million at the Beginning of 2025 to Approximately $110.0 Million at the Beginning of 2026 FREM
FREMONT, Calif., Feb. 04, 2025 (GLOBE NEWSWIRE) -- SoundThinking, Inc. (NASDAQ:SSTI), a leading public safety technology company, today announced the date for the release of its fourth quarter and full year 2024 earnings and its presentation at an upcoming investor conference. Fourth Quarter and Full Year 2024 Earnings Date SoundThinking will hold a conference call on Tuesday, February 25, 2025 at 4:30 p.m. Eastern time (1:30 p.m. Pacific time) to discuss its financial results for the fourth quarter ended December 31, 2024. Financial results will be issued in a press release prior to the call. SoundThinking management will host the presentation, followed by a question-and-answer p
Revenues Increased 10% to $26.3 Million, Driven by New and Existing Customer Growth Company Reaffirms FY 2024 Revenue Guidance Range of $104.0 Million to $106.0 Million, Representing 13% Year-Over-Year Growth at the Midpoint, and FY 2024 Adjusted EBITDA Margin Guidance Range of 18% to 20% Company Introduces FY 2025 Revenue Guidance Range of $107.0 Million to $109.0 Million, Representing 3% Year-Over-Year Growth at the Midpoint, and FY 2025 Adjusted EBITDA Margin Guidance Range of 19% to 21% FREMONT, Calif., Nov. 12, 2024 (GLOBE NEWSWIRE) -- SoundThinking, Inc. (NASDAQ:SSTI), a leading public safety technology company, today reported financial results for the third quarter ended Se
FREMONT, Calif., Oct. 22, 2024 (GLOBE NEWSWIRE) -- SoundThinking, Inc. (NASDAQ:SSTI), a leading public safety technology company, today announced the date for the release of its third quarter 2024 earnings and its participation in upcoming investor conferences. Third Quarter 2024 Earnings Date SoundThinking will hold a conference call on Tuesday, November 12, 2024 at 4:30 p.m. Eastern time (1:30 p.m. Pacific time) to discuss its financial results for the third quarter ended September 30, 2024. Financial results will be issued in a press release prior to the call. SoundThinking management will host the presentation, followed by a question-and-answer period. Date: Tuesday
Revenues Increased 22% to a Record $27.0 Million, Driven by New and Existing Customer Growth, and Contributions from CaseBuilder Company Reaffirms FY 2024 Revenue Guidance Range of $104.0 Million to $106.0 Million, Representing 13% Year-Over-Year Growth at the Midpoint, and FY 2024 Adjusted EBITDA Margin Guidance Range of 18% to 20% FREMONT, Calif., Aug. 06, 2024 (GLOBE NEWSWIRE) -- SoundThinking, Inc. (NASDAQ:SSTI), a leading public safety technology company, today reported financial results for the second quarter ended June 30, 2024. Second Quarter 2024 Financial and Operational Highlights Revenues increased 22% to $27.0 million, compared to $22.1 million for the same quarter of 2023
FREMONT, Calif., July 16, 2024 (GLOBE NEWSWIRE) -- SoundThinking, Inc. (NASDAQ:SSTI), a leading public safety technology company, will hold a conference call on Tuesday, August 6, 2024 at 4:30 p.m. Eastern time (1:30 p.m. Pacific time) to discuss its financial results for the second quarter ended June 30, 2024. Financial results will be issued in a press release prior to the call. SoundThinking management will host the presentation, followed by a question-and-answer period. Date: Tuesday, August 6, 2024Time: 4:30 p.m. Eastern time (1:30 p.m. Pacific time)U.S. dial-in: 877-407-8029International dial-in: 1-201-689-8029Conference ID: 13747815 A live audio webcast of the conference ca
Revenues Increased 23% to $25.4 Million, Driven by New and Expanding Customer Subscriptions, and Contributions from SafePointe Company Reaffirms FY 2024 Revenue Guidance Range of $104.0 Million to $106.0 Million, Representing 13% Year-Over-Year Growth at the Midpoint and FY 2024 Adjusted EBITDA Margin Guidance Range of 18 to 20% FREMONT, Calif., May 14, 2024 (GLOBE NEWSWIRE) -- SoundThinking, Inc. (NASDAQ:SSTI), a leading public safety technology company, today reported financial results for the first quarter ended March 31, 2024. First Quarter 2024 Financial and Operational Highlights Revenues increased 23% to $25.4 million, compared to $20.6 million for the sa
FREMONT, Calif., April 25, 2024 (GLOBE NEWSWIRE) -- SoundThinking, Inc. (NASDAQ:SSTI) (formerly ShotSpotter, Inc.), a leading public safety technology company, will hold a conference call on Tuesday, May 14, 2024 at 4:30 p.m. Eastern time (1:30 p.m. Pacific time) to discuss its financial results for the first quarter ended March 31, 2024. Financial results will be issued in a press release prior to the call. SoundThinking management will host the presentation, followed by a question-and-answer period. Date: Tuesday, May 14, 2024Time: 4:30 p.m. Eastern time (1:30 p.m. Pacific time)U.S. dial-in: 877-407-8029International dial-in: 1-201-689-8029Conference ID: 13746236 A live audio we
Revenues Increased 24% to a Record $26.0 Million, Marking Highest Quarterly Revenues in Company History Company Introduces FY 2024 Revenue Guidance Range of $104.0 Million to $106.0 Million, Representing 13% Year-Over-Year Growth at the Midpoint and FY 2024 Adjusted EBITDA Margin Guidance Range of 18 to 20% FREMONT, Calif., Feb. 27, 2024 (GLOBE NEWSWIRE) -- SoundThinking, Inc. (NASDAQ:SSTI), a leading public safety technology company, today reported financial results for the fourth quarter ended December 31, 2023. Fourth Quarter 2023 Financial and Operational Highlights Revenues increased 24% to $26.0 million, compared to $21.0 million for the same quarter of 2022.Gross profit increase