Similarweb (SMWB) Scheduled to Post Quarterly Earnings on Tuesday

Similarweb (NYSE:SMWB) is scheduled to release its earnings data after the market closes on Tuesday, November 12th. Analysts expect Similarweb to post earnings of $0.04 per share for the quarter. Parties interested in listening to the company’s conference call can do so using this link.

Similarweb Trading Up 3.9 %

Shares of SMWB opened at $9.95 on Friday. The firm has a fifty day moving average price of $8.87 and a 200-day moving average price of $8.03. The firm has a market capitalization of $805.15 million, a P/E ratio of -71.07 and a beta of 0.84. Similarweb has a 12-month low of $4.58 and a 12-month high of $10.00.

Analyst Ratings Changes

Several equities analysts have recently commented on SMWB shares. Barclays raised their price target on Similarweb from $9.00 to $10.00 and gave the company an “overweight” rating in a research note on Thursday, August 8th. JMP Securities boosted their price target on shares of Similarweb from $14.00 to $16.00 and gave the company a “market outperform” rating in a report on Wednesday, August 21st. William Blair reaffirmed an “outperform” rating on shares of Similarweb in a research report on Monday, September 9th. Northland Securities assumed coverage on shares of Similarweb in a report on Tuesday, September 10th. They set an “outperform” rating and a $15.00 price objective on the stock. Finally, Cantor Fitzgerald restated an “overweight” rating and set a $10.00 target price on shares of Similarweb in a report on Wednesday, August 7th. Eight investment analysts have rated the stock with a buy rating and one has assigned a strong buy rating to the company’s stock. According to data from MarketBeat.com, the company has an average rating of “Buy” and a consensus price target 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.