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 |
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., 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
NEW ORLEANS, Jan. 15, 2025 (GLOBE NEWSWIRE) -- SoundThinking, Inc. (NASDAQ:SSTI), a leading public safety technology provider, hosted a community bike building event at the Hyatt Regency Hotel on Tuesday, January 7, 2025 in partnership with the New Orleans Police Department (NOPD) and the New Orleans Recreation Development Commission (NORD). As part of dedicated programming during the company's annual all-hands retreat, approximately 275 SoundThinking employees, including the company's senior executives, worked together—alongside 10 NOPD officers—to build bikes for children ages 5 to 9. Each team was given the necessary bike parts—including frames, pedals, and wheels—to assemble a working
FREMONT, Calif., Dec. 23, 2024 (GLOBE NEWSWIRE) -- SoundThinking, Inc. (NASDAQ:SSTI), a leading public safety technology company, announced today that Alan Stewart, Chief Financial Officer, will present at the 27th Annual Needham Growth Conference being held at the Lotte New York Palace in New York City on January 14, 2025 at approximately 10:15 a.m. Eastern Time. A live webcast and replay of the presentation will be available through SoundThinking's Investor Relations website at https://ir.soundthinking.com/. Management will also be available for one-on-one and small group meetings with investors. For additional information or to schedule a meeting with management, please contact your
Summary: SoundThinking has released its third Environmental, Social, and Governance (ESG) Report, emphasizing its commitment to engaging law enforcement with technology solutions for positive public safety outcomes. The report highlights the company's efforts in addressing societal challenges of public safety, emphasizing community safety, social impact, governance transparency, and environmental sustainability. FREMONT, Calif., Nov. 19, 2024 (GLOBE NEWSWIRE) -- SoundThinking, Inc. (NASDAQ:SSTI), a leading public safety technology provider, is proud to announce the release of its third annual Environmental, Social, and Governance (ESG) Report. The report highlights the company's mission t
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
Summary: SoundThinking, Inc. today announced a 3-year agreement with the Ministry of Interior of Uruguay to double ShotSpotter's coverage in Montevideo, expanding its gunshot detection system coverage by an additional 12 square kilometers. BOSTON, Oct. 21, 2024 (GLOBE NEWSWIRE) -- IACP – SoundThinking, Inc. (NASDAQ:SSTI), a leading public safety technology provider, today announced a major expansion of its ShotSpotter gunshot detection system in Montevideo, Uruguay. The Ministry of Interior for the Oriental Republic of Uruguay has signed a 3-year contract to extend ShotSpotter's coverage by 12 square kilometers, doubling its current footprint in the capital city. This expansion builds up
Summary: SoundThinking, Inc. today announced the delivery of a detailed report to Oakland city officials, demonstrating how OPD's use of ShotSpotter has made an impact on public safety since 2006, including lives saved, reduced gun violence, enhanced evidence collection, and substantial cost savings. FREMONT, Calif., Oct. 08, 2024 (GLOBE NEWSWIRE) -- SoundThinking, Inc. (NASDAQ:SSTI), a leading public safety technology company, today delivered a 30-page report to Oakland city officials detailing the crucial role of the Oakland Police Department's (OPD) use of ShotSpotter in the city's public safety strategy. The report comes as the Oakland City Council's Public Safety Committee prepares t
Summary: SoundThinking today announced the next generation of SafePointe, its advanced weapons detection solution, featuring new AI-driven software and advanced hardware to improve threat detection in high-traffic areas. FREMONT, Calif., Sept. 23, 2024 (GLOBE NEWSWIRE) -- SoundThinking, Inc. (NASDAQ:SSTI), a leading public safety technology company, today announced the availability of the next generation of SafePointe®, which is a major upgrade of its advanced weapons detection system. This release features AI-driven software and powerful new hardware components designed to significantly enhance threat detection and the customer user experience. "We are incredibly excited to roll
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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
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
Q4 and FY 2023 Conference Call Set for Tuesday, February 27, 2024 at 4:30 p.m. ET Investor Day Scheduled for Thursday, March 14, 2024 at 8:00 a.m. ET in New York City FREMONT, Calif., Feb. 20, 2024 (GLOBE NEWSWIRE) -- SoundThinking, Inc. (NASDAQ:SSTI) (formerly ShotSpotter, Inc.), a leading public safety technology company, will hold a conference call on Tuesday, February 27, 2024 at 4:30 p.m. Eastern time to discuss its financial results for the fourth quarter and full year ended December 31, 2023. Financial results will be issued in a press release prior to the call. SoundThinking management will host an investor day for institutional investors and sell-side analysts on Thursday, Mar
Revenues Increased 28% to a Record $24.0 Million, Marking Highest Quarterly Level in Company History Company Reaffirms FY 2023 Revenue Guidance to a Range of $92 Million to $94 Million, Representing 15% Year-Over-Year Growth at the Midpoint and Retains FY 2023 Adjusted EBITDA Margin Guidance at a Range of 16 to 18% FREMONT, Calif., Nov. 07, 2023 (GLOBE NEWSWIRE) -- SoundThinking, Inc. (NASDAQ:SSTI) a leading public safety technology company, today reported financial results for the third quarter ended September 30, 2023. Third Quarter 2023 Financial and Operational Highlights Revenues increased 28% to $24.0 million, compared to $18.8 million for
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