Needham initiated coverage on SEMrush Hldgs with a new price target
$SEMR
Computer Software: Prepackaged Software
Technology
Needham initiated coverage of SEMrush Hldgs with a rating of Buy and set a new price target of $25.00
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| Date | Price Target | Rating | Analyst |
|---|---|---|---|
| 3/21/2024 | $17.00 | Overweight | KeyBanc Capital Markets |
| 2/7/2024 | $9.00 → $15.00 | Buy | Jefferies |
| 1/9/2024 | $12.00 → $14.00 | Overweight → Neutral | Piper Sandler |
| 7/20/2023 | $10.50 | Neutral | Goldman |
| 6/6/2022 | $13.00 | Equal-Weight | Morgan Stanley |
| 5/12/2022 | Overweight → Sector Weight | KeyBanc Capital Markets | |
| 3/2/2022 | $24.00 → $20.00 | Overweight | Piper Sandler |
| 1/12/2022 | $28.00 → $24.00 | Overweight | Piper Sandler |
4 - SEMrush Holdings, Inc. (0001831840) (Issuer)
4 - SEMrush Holdings, Inc. (0001831840) (Issuer)
4 - SEMrush Holdings, Inc. (0001831840) (Issuer)
Semrush Holdings, Inc. (NYSE:SEMR), a leading online visibility management SaaS platform, announced today that management will present or host one-on-one investor meetings at the following investor conferences: 2024 RBC Capital Markets Global Technology, Internet, Media and Telecommunications Conference Date: Tuesday, November 19th, 2024 Location: New York, NY Presentation: 8:45 a.m. ET 14th Annual Needham Virtual SaaS 1x1 Conference Date: Thursday, November 21st, 2024 Location: Virtual Conference fireside chats will be available via live audio webcast and archived replay on Semrush's investor relations website at investors.semrush.com About Semrush Semrush is a leading online visibili
Third quarter revenue of $97.4 million, up 24% year-over-year ARR of $401 million, up 24% year-over-year Third quarter net cash provided by operating activities of $8.1 million Company raises full year 2024 revenue and non-GAAP operating margin guidance Semrush Holdings, Inc. (NYSE:SEMR), a leading online visibility management SaaS platform, today reported financial results for the third quarter ended September 30, 2024. "We reported a strong quarter, exceeding our guidance and positioning us to raise our full year 2024 guidance. Revenue growth accelerated, rising 24% year-over-year to $97.4 million, and ARR also grew 24% year-over-year, as we focused on growing our core business,
Semrush Holdings, Inc. (NYSE:SEMR), a leading online visibility management SaaS platform, will release its financial results for the third quarter ended September 30, 2024, after the close of the US markets on Thursday, November 7, 2024. Semrush will host a corresponding conference call to discuss the results on Friday, November 8, 2024 at 8:30 a.m. Eastern Time. Conference Call Details Date: Friday, November 8, 2024 Time: 8:30 a.m. ET Hosts: Oleg Shchegolev, CEO, Eugene Levin, President, and Brian Mulroy, CFO Conference ID: 866040 Participant Toll Free Dial-In Number: +1 833 470 1428 Participant International Dial-In Number: +1 929 526 1599 Participants should dial in at least ten minut
Third quarter revenue of $97.4 million, up 24% year-over-year ARR of $401 million, up 24% year-over-year Third quarter net cash provided by operating activities of $8.1 million Company raises full year 2024 revenue and non-GAAP operating margin guidance Semrush Holdings, Inc. (NYSE:SEMR), a leading online visibility management SaaS platform, today reported financial results for the third quarter ended September 30, 2024. "We reported a strong quarter, exceeding our guidance and positioning us to raise our full year 2024 guidance. Revenue growth accelerated, rising 24% year-over-year to $97.4 million, and ARR also grew 24% year-over-year, as we focused on growing our core business,
Semrush Holdings, Inc. (NYSE:SEMR), a leading online visibility management SaaS platform, will release its financial results for the third quarter ended September 30, 2024, after the close of the US markets on Thursday, November 7, 2024. Semrush will host a corresponding conference call to discuss the results on Friday, November 8, 2024 at 8:30 a.m. Eastern Time. Conference Call Details Date: Friday, November 8, 2024 Time: 8:30 a.m. ET Hosts: Oleg Shchegolev, CEO, Eugene Levin, President, and Brian Mulroy, CFO Conference ID: 866040 Participant Toll Free Dial-In Number: +1 833 470 1428 Participant International Dial-In Number: +1 929 526 1599 Participants should dial in at least ten minut
Second quarter revenue of $91.0 million, up 22% year-over-year ARR of $377.7 million, up 25% year-over-year Second quarter net cash provided by operating activities of $12.1 million Raises full year 2024 revenue guidance Company announces Analyst Day on October 1st, 2024 Semrush Holdings, Inc. (NYSE:SEMR), a leading online visibility management SaaS platform, today reported financial results for the second quarter ended June 30, 2024. "We delivered a strong second quarter, exceeding our guidance and positioning us to raise our full year 2024 revenue guidance. Revenue increased 22% year-over-year and ARR grew 25% year-over-year as we focused on continuing to grow our core b
SC 13G/A - SEMrush Holdings, Inc. (0001831840) (Subject)
SC 13G/A - SEMrush Holdings, Inc. (0001831840) (Subject)
SC 13G/A - SEMrush Holdings, Inc. (0001831840) (Subject)
10-Q - SEMrush Holdings, Inc. (0001831840) (Filer)
8-K - SEMrush Holdings, Inc. (0001831840) (Filer)
8-K - SEMrush Holdings, Inc. (0001831840) (Filer)
KeyBanc Capital Markets initiated coverage of SEMRush with a rating of Overweight and set a new price target of $17.00
Jefferies resumed coverage of SEMRush with a rating of Buy and set a new price target of $15.00 from $9.00 previously
Piper Sandler downgraded SEMRush from Overweight to Neutral and set a new price target of $14.00 from $12.00 previously
Needham analyst Scott Berg reiterates SEMrush Hldgs (NYSE:SEMR) with a Buy and maintains $18 price target.
SEMrush Hldgs's (NYSE:SEMR) short percent of float has risen 38.58% since its last report. The company recently reported that it has 2.18 million shares sold short, which is 4.67% of all regular shares that are available for trading. Based on its trading volume, it would take traders 2.64 days to cover their short positions on average. Why Short Interest Matters Short interest is the number of shares that have been sold short but have not yet been covered or closed out. Short selling is when a trader sells shares of a company they do not own, with the hope that the price will fall. Traders make money from short selling if the price of the stock falls and they lose if it rises. Short interest
Needham analyst Scott Berg reiterates SEMrush Hldgs (NYSE:SEMR) with a Buy and maintains $18 price target.
Semrush (NYSE:SEMR), a leading online visibility management SaaS platform, is pleased to announce that Veronique Montreuil joins the executive team as Chief Customer and Data Officer. With over 20 years of experience in customer success and customer experience, Veronique brings a wealth of expertise to enhance customer relationships and drive growth. In her most recent role as Head of Technology Sales and Customer Success at Covetrus (NASDAQ:CVET), Veronique led a team of 275 professionals, driving operational efficiency, fostering deep customer relationships, and optimizing customer value through strategic initiatives and process improvements. She held prior roles at companies INAP (NASD
Semrush (NYSE:SEMR), a leading online visibility management SaaS platform, today announced the appointment of Channing Ferrer as Chief Sales Officer. Ferrer was most recently Chief Revenue Officer at Built In and has more than 20 years of experience in global sales leadership roles. "I couldn't be more excited about Channing joining our team at this stage in our growth journey," said Oleg Shchegolev, CEO of Semrush. "Channing's expertise at companies like Built In and HubSpot will bring a renewed vision and execution to our sales organization. He'll focus on the expansion of our more than 94,000 customer accounts, growing average checks by adding any number of our 55+ tools available for c
Semrush (NYSE:SEMR), a leading online visibility management SaaS platform, has appointed Bill Wagner to its board as an independent non-executive director. "We are excited to welcome Bill to our Board of Directors. He brings 20+ years experience from the SaaS industry that supports our management and operational expertise, and software innovation leadership," said Oleg Shchegolev, CEO of Semrush. "Attracting leaders such as Bill to our Board demonstrates that our exciting growth trajectory continues." Wagner served as the president and chief executive officer of GoTo (formerly LogMeIn, Inc.), one of the world's top SaaS (software as a service) companies, from 2015 through 2022, after join