SIMILARWEB LTD. (SMWB) News
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SMWB News Highlights
- For SMWB, its 30 day story count is now at 12.
- Over the past 21 days, the trend for SMWB's stories per day has been choppy and unclear. It has oscillated between 1 and 2.
- The most mentioned tickers in articles about SMWB are TEL, CTV and GENI.
Latest SMWB News From Around the Web
Below are the latest news stories about SIMILARWEB LTD that investors may wish to consider to help them evaluate SMWB as an investment opportunity.
Similarweb (SMWB) has been upgraded to a Zacks Rank #2 (Buy), reflecting growing optimism about the company's earnings prospects. This might drive the stock higher in the near term.
In a report released on November 16, Noah R. Herman from J.P. Morgan maintained a Buy rating on Similarweb (SMWB - Research Report), with a price target of $16.00. The company's shares opened today at $4.85.According to TipRanks, R. Herman is an analyst with an average return of -10.6% and a 33.33% success rate. R. Herman covers the Technology sector, focusing on stocks such as ON24, Similarweb, and EverCommerce.The word on The Street in general, suggests a Strong Buy analyst consensus rating for Similarweb with a $12.20 average price target, representing a 151.55% upside.
Similarweb ( NYSE:SMWB ) Third Quarter 2022 Results Key Financial Results Revenue: US$50.0m (up 41% from 3Q 2021). Net...
E ratio of -5.61.
Digital intelligence platform provider Similarweb (NYSE:SMWB) released its third-quarter earnings results on Tuesday, in which both the top and bottom lines exceeded analyst expectations. The non-GAAP operating loss of $0.18 per share was narrower than the estimated loss of $0.27 as well as the prior-year quarter’s loss of $0.19 per share. Moreover, revenues of $50 million came slightly above the expected $49.14 million. Revenues were also 41% higher year-over-year. Further, the number of customers increased 21% year-over-year to 3,911, and the average annual revenue per customer climbed 15% during the same period to $51,570 in Q3.
Similarweb (SMWB) delivered earnings and revenue surprises of 30.77% and 1.93%, respectively, for the quarter ended September 2022. Do the numbers hold clues to what lies ahead for the stock?
TEL AVIV, Israel, November 15, 2022--Similarweb Ltd. (NYSE: SMWB) ("Similarweb" or the "Company"), a leading digital intelligence company, today announced financial results for its third quarter ended September 30, 2022. 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.
In the two weeks since Elon Musk tried to reassure advertisers that Twitter wouldn’t turn into a “free-for-all hellscape” under his ownership, a number of those advertisers do not appear to be taking him at his word. Pfizer (PFE) General Motors (GM) and United Airlines (UAL) are just a few of the brands that have said they were pausing their ad spending on the social-media platform following Musk’s $44 billion acquisition. Major ad agencies are recommending that their clients hit the brakes as well.
Genius Sports Limited (GENI) delivered earnings and revenue surprises of 50% and 1.88%, respectively, for the quarter ended September 2022. Do the numbers hold clues to what lies ahead for the stock?
TechTarget (TTGT) delivered earnings and revenue surprises of 0% and 3.54%, respectively, for the quarter ended September 2022. Do the numbers hold clues to what lies ahead for the stock?