MarketIQ Analyst Report for SimilarWeb Ltd

121 DERECH MENACHEM BEGIN, 41ST FLOOR, TEL AVIV, IL
SMWB

Last Updated: 14 Nov 2024

Executive Summary

SimilarWeb Ltd. (SMWB) is a provider of AI-driven website traffic solutions. The company has a market capitalization of $865.93 million and is headquartered in Tel Aviv, Israel. SMWB's latest stock price is $11.12.

Company Overview

SimilarWeb provides website traffic data and analytics to businesses. The company's platform uses AI to collect and analyze data from a variety of sources, including website traffic, search engine results, and social media. SimilarWeb's data can be used to track website performance, identify trends, and make informed decisions about marketing and advertising campaigns.

Fundamental Analysis

SMWB is currently unprofitable, with a trailing twelve-month EBITDA of -$490,000. The company's revenue is growing, with a quarterly revenue growth rate of 13%. However, SMWB's profit margin is negative, at -5.07%. SMWB's book value is $0.29 per share. The company does not pay a dividend.

Technical Analysis

SMWB's stock price has been trading in a range between $4.58 and $11.28 over the past 52 weeks. The stock's 50-day moving average is $8.89, and its 200-day moving average is $8.06.

Short Term Outlook

SMWB's stock price is currently trading above its 50-day moving average but below its 200-day moving average. This suggests that the stock is in a neutral trend. The stock's relative strength index (RSI) is 52.7, which is in the neutral range.

Long Term Outlook

SMWB's long-term outlook is positive. The company's revenue is growing, and its platform is becoming increasingly popular with businesses. SMWB is also expanding its product offerings, which should help to drive growth in the future.

Analyst Recommendations

Four analysts have a strong buy rating on SMWB, and four analysts have a buy rating. The average analyst target price is $11.75.