Similarweb (SMWB) Set to Announce Earnings on Tuesday

Similarweb (NYSE:SMWB) is scheduled to be issuing its quarterly earnings data after the market closes on Tuesday, November 12th. Analysts expect the company to announce earnings of $0.04 per share for the quarter. Investors that wish to listen to the company’s conference call can do so using this link.

Similarweb Stock Performance

NYSE SMWB opened at $9.95 on Monday. Similarweb has a twelve month low of $4.58 and a twelve month high of $10.00. The stock has a market cap of $805.15 million, a PE ratio of -71.07 and a beta of 0.84. The firm has a 50-day simple moving average of $8.87 and a 200 day simple moving average of $8.03.

Analyst Ratings Changes

SMWB has been the subject of a number of research reports. Needham & Company LLC initiated coverage on Similarweb in a research report on Monday, October 21st. They issued a “buy” rating and a $11.00 price objective for the company. JMP Securities raised their target price on Similarweb from $14.00 to $16.00 and gave the stock a “market outperform” rating in a research report on Wednesday, August 21st. Northland Securities began coverage on shares of Similarweb in a research note on Tuesday, September 10th. They set an “outperform” rating and a $15.00 price target on the stock. Barclays increased their price objective on shares of Similarweb from $9.00 to $10.00 and gave the company an “overweight” rating in a research note on Thursday, August 8th. Finally, Northland Capmk upgraded shares of Similarweb to a “strong-buy” rating in a research report on Tuesday, September 10th. Eight equities research analysts have rated the stock with a buy rating and one has issued a strong buy rating to the company’s stock. According to MarketBeat.com, the company currently has an average rating of “Buy” and an average target price of $11.71.

About Similarweb

Similarweb Ltd. provides cloud-based digital intelligence solutions in the United States, Europe, the Asia Pacific, the United Kingdom, Israel, and internationally. The company offers digital research intelligence solutions for its customers to benchmark performance against competitors and market leaders, analyze trends in the market, conduct deeper research into specific companies, and analyze audience behavior; and digital marketing intelligence solutions for its customers to understand their competitors' online acquisition strategies in each marketing channel, and optimize their own strategies.