Similarweb upgraded by Citigroup with a new price target
$SMWB
Computer Software: Programming Data Processing
Technology
Citigroup upgraded Similarweb from Neutral to Buy and set a new price target of $10.00 from $6.00 previously
Save time and jump to the most important pieces.
| Date | Price Target | Rating | Analyst |
|---|---|---|---|
| 10/21/2024 | $11.00 | Buy | Needham |
| 9/10/2024 | $15.00 | Outperform | Northland Capital |
| 2/15/2024 | $6.00 → $10.00 | Neutral → Buy | Citigroup |
| 2/7/2024 | $10.00 | Buy | Jefferies |
| 1/12/2023 | $10.00 → $7.00 | Buy → Neutral | Citigroup |
| 5/24/2022 | $17.00 | Overweight | Cantor Fitzgerald |
| 2/23/2022 | $22.00 | Equal-Weight → Overweight | Barclays |
| 1/6/2022 | $20.00 → $22.00 | Buy | Jefferies |
Similarweb Ltd. (NYSE:SMWB), a leading digital intelligence company, announced today its acquisition of 42matters, a prominent app intelligence provider headquartered in Zurich, Switzerland. The acquisition marks a significant step in expanding Similarweb's data capabilities in the rapidly growing app analytics market, which is expected to reach $15.7 billion by 2028, with a CAGR of 20.2% (source). Integrating 42matters' advanced solutions across app store data, app engagement data, and mobile SDK data will significantly expand Similarweb's app intelligence solution. The expanded app intelligence offering will provide enhanced insights for app owners into the performance of their own apps v
Similarweb (NYSE:SMWB) reported quarterly earnings of $0.04 per share which beat the analyst consensus estimate of $0.02 by 100 percent. This is a 144.44 percent increase over losses of $(0.09) per share from the same period last year. The company reported quarterly sales of $58.982 million which beat the analyst consensus estimate of $58.960 million by 0.04 percent. This is a 11.81 percent increase over sales of $52.750 million the same period last year.
Similarweb Ltd. (NYSE:SMWB), a leading digital market intelligence company, is pleased to announce the appointment of Lisa Campbell and Barak Eilam to its Board of Directors, with overwhelming support at the general meeting of shareholders earlier today. Their extensive experience in scaling and leading successful SaaS and technology companies will further enhance Similarweb's strategic growth and industry leadership. Or Offer, Co-Founder and CEO of Similarweb, commented, "I am thrilled to welcome Lisa and Barak to our Board of Directors. They each bring extensive experience in growing and scaling software companies, and a deep understanding of business strategy and technology that align
Similarweb Ltd. (NYSE:SMWB), a leading digital market intelligence company, is proud to announce the appointment of Kipp Bodnar to its Board of Directors, effective September 5, 2024. Bodnar, currently Chief Marketing Officer at HubSpot (NYSE:HUBS), brings a wealth of experience in scaling SaaS businesses, driving growth, and enhancing customer engagement on a global scale. "We are excited to welcome Kipp to our board," said Or Offer, Co-Founder and CEO of Similarweb. "His proven track record at HubSpot, where he played a key role in shaping the company's marketing strategy and driving exponential growth, aligns perfectly with Similarweb's mission to empower businesses with unparalleled d
Similarweb Ltd. (NYSE:SMWB), a leading digital intelligence company, announced today its acquisition of 42matters, a prominent app intelligence provider headquartered in Zurich, Switzerland. The acquisition marks a significant step in expanding Similarweb's data capabilities in the rapidly growing app analytics market, which is expected to reach $15.7 billion by 2028, with a CAGR of 20.2% (source). Integrating 42matters' advanced solutions across app store data, app engagement data, and mobile SDK data will significantly expand Similarweb's app intelligence solution. The expanded app intelligence offering will provide enhanced insights for app owners into the performance of their own apps
Fourth consecutive quarter of accelerating revenue growth Fourth consecutive quarter of positive free cash flow Customer base increased by 21% Similarweb Ltd. (NYSE:SMWB) ("Similarweb" or the "Company"), a leading digital data and analytics company powering critical business decisions, today announced financial results for its third quarter ended September 30, 2024. The Company published a letter to shareholders from management discussing these results, which can be accessed at the link: https://ir.similarweb.com/financials/quarterly-results, located on the Company's investor relations website. "Revenue growth in the third quarter accelerated to 18% YoY, the fourth consecutive quart
Similarweb Ltd. (NYSE:SMWB), a leading digital data and web analytics company, today announced it will release third quarter 2024 financial results for the period ended September 30, 2024, on Tuesday, November 12, 2024, after the close of trading on the New York Stock Exchange. Management will host a conference call on Wednesday, November 13, 2024, at 8:30 a.m. EST to discuss the Company's business and financial results. A live webcast of the call can be accessed from Similarweb's Investor Relations website at https://ir.similarweb.com. An archived webcast of the conference call will also be made available on the Similarweb website following the call. The live call may also be accessed via
Similarweb enables joint customers to build leading solutions on Snowflake's AI Data Cloud that incorporate data and insights about web and app trends and comparisons Similarweb today announced that it has been recognized as a leader in the Modern Marketing Data Stack 2025: How Leading Marketers Are Thriving In a World Redefined By AI, Privacy and Data Gravity executed and launched by Snowflake, the AI Data Cloud company. Similarweb was recognized in the Enrichment & Hygiene category for its ability to enrich and validate any data set with digital market data. The third annual edition of Snowflake's Modern Marketing Data Stack report identifies the technologies, tools, and platforms used
6-K - SIMILARWEB LTD. (0001842731) (Filer)
6-K - SIMILARWEB LTD. (0001842731) (Filer)
6-K - SIMILARWEB LTD. (0001842731) (Filer)
Fourth consecutive quarter of accelerating revenue growth Fourth consecutive quarter of positive free cash flow Customer base increased by 21% Similarweb Ltd. (NYSE:SMWB) ("Similarweb" or the "Company"), a leading digital data and analytics company powering critical business decisions, today announced financial results for its third quarter ended September 30, 2024. The Company published a letter to shareholders from management discussing these results, which can be accessed at the link: https://ir.similarweb.com/financials/quarterly-results, located on the Company's investor relations website. "Revenue growth in the third quarter accelerated to 18% YoY, the fourth consecutive quart
Similarweb Ltd. (NYSE:SMWB), a leading digital data and web analytics company, today announced it will release third quarter 2024 financial results for the period ended September 30, 2024, on Tuesday, November 12, 2024, after the close of trading on the New York Stock Exchange. Management will host a conference call on Wednesday, November 13, 2024, at 8:30 a.m. EST to discuss the Company's business and financial results. A live webcast of the call can be accessed from Similarweb's Investor Relations website at https://ir.similarweb.com. An archived webcast of the conference call will also be made available on the Similarweb website following the call. The live call may also be accessed via
Revenue growth accelerated for the third consecutive quarter Fourth consecutive quarter of non-GAAP operating profit Raising guidance for 2024 revenue and non-GAAP operating profit Similarweb Ltd. (NYSE:SMWB) ("Similarweb" or the "Company"), a leading digital data and analytics company powering critical business decisions, today announced financial results for its second quarter ended June 30, 2024. The Company published a letter to shareholders from management discussing these results, which can be accessed at the link: https://ir.similarweb.com/financials/quarterly-results, located on the Company's investor relations website. "We delivered another strong quarter with accelerating
SC 13G/A - SIMILARWEB LTD. (0001842731) (Subject)
SC 13G/A - SIMILARWEB LTD. (0001842731) (Subject)
SC 13G/A - SIMILARWEB LTD. (0001842731) (Subject)
Needham initiated coverage of Similarweb with a rating of Buy and set a new price target of $11.00
Northland Capital initiated coverage of Similarweb with a rating of Outperform and set a new price target of $15.00
Citigroup upgraded Similarweb from Neutral to Buy and set a new price target of $10.00 from $6.00 previously