SoundThinking (SSTI) Projected to Post Earnings on Tuesday

SoundThinking (NASDAQ:SSTI) will likely be releasing its Q1 2025 earnings data after the market closes on Tuesday, May 13th. Analysts expect SoundThinking to post earnings of ($0.06) per share and revenue of $26.91 million for the quarter. SoundThinking has set its FY 2025 guidance at EPS.

SoundThinking (NASDAQ:SSTI) last issued its earnings results on Tuesday, February 25th. The company reported ($0.32) earnings per share for the quarter, missing the consensus estimate of ($0.02) by ($0.30). SoundThinking had a negative return on equity of 8.74% and a negative net margin of 1.39%. The company had revenue of $23.41 million during the quarter, compared to analyst estimates of $26.65 million. On average, analysts expect SoundThinking to post $0 EPS for the current fiscal year and $0 EPS for the next fiscal year.

SoundThinking Stock Down 0.6 %

SSTI stock traded down $0.09 during trading on Tuesday, reaching $15.17. 7,957 shares of the company’s stock were exchanged, compared to its average volume of 60,136. The firm has a market cap of $192.09 million, a PE ratio of -126.37 and a beta of 1.21. SoundThinking has a 1-year low of $9.33 and a 1-year high of $19.43. The company’s fifty day moving average price is $16.26 and its 200-day moving average price is $14.00.

Analysts Set New Price Targets

Several equities analysts have weighed in on SSTI shares. Cantor Fitzgerald restated an “overweight” rating and set a $20.00 target price on shares of SoundThinking in a report on Wednesday, February 26th. Craig Hallum raised SoundThinking from a “hold” rating to a “buy” rating in a research note on Tuesday, February 18th. One analyst has rated the stock with a hold rating and five have assigned a buy rating to the company. According to MarketBeat, SoundThinking has a consensus rating of “Moderate Buy” and a consensus target price of $21.20.

About SoundThinking

SoundThinking, Inc, a public safety technology company that provides transformative solutions and strategic advisory services for law enforcement and civic leadership. Its SafetySmart Platform, an integrated suite of data-driven tools that enable law enforcement and community violence prevention and health organizations to be efficient in public safety outcomes.