Northland Securities Weighs in on SoundThinking Q3 Earnings

SoundThinking, Inc. (NASDAQ:SSTI) – Research analysts at Northland Securities reduced their Q3 2026 EPS estimates for SoundThinking in a research note issued to investors on Friday, August 14th. Northland Securities analyst M. Latimore now expects that the company will post earnings of ($0.12) per share for the quarter, down from their prior estimate of $0.03. The consensus estimate for SoundThinking’s current full-year earnings is ($0.69) per share. Northland Securities also issued estimates for SoundThinking’s Q4 2026 earnings at ($0.04) EPS, FY2026 earnings at ($1.07) EPS, Q1 2027 earnings at ($0.04) EPS, Q2 2027 earnings at ($0.03) EPS, Q3 2027 earnings at $0.05 EPS and FY2027 earnings at $0.04 EPS.

SSTI has been the topic of a number of other reports. Citizens Jmp restated a “market perform” rating on shares of SoundThinking in a research report on Friday. Lake Street Capital lowered SoundThinking from a “buy” rating to a “hold” rating and set a $8.00 target price on the stock. in a research note on Friday. Weiss Ratings cut SoundThinking from a “sell (d-)” rating to a “sell (e+)” rating in a report on Thursday, July 30th. Cantor Fitzgerald decreased their target price on SoundThinking from $10.00 to $8.00 and set a “neutral” rating for the company in a research report on Friday. Finally, Zacks Research raised SoundThinking from a “strong sell” rating to a “hold” rating in a research note on Tuesday, July 14th. One analyst has rated the stock with a Buy rating, five have assigned a Hold rating and one has assigned a Sell rating to the stock. According to MarketBeat, SoundThinking presently has an average rating of “Hold” and an average price target of $10.83.

SoundThinking Stock Performance

Shares of NASDAQ:SSTI opened at $5.58 on Tuesday. The company has a market cap of $72.26 million, a P/E ratio of -4.33 and a beta of 1.16. The stock’s 50-day moving average is $8.17 and its 200-day moving average is $7.37. SoundThinking has a 52-week low of $5.57 and a 52-week high of $13.34.

SoundThinking (NASDAQ:SSTI) last announced its earnings results on Thursday, August 13th. The company reported ($0.37) EPS for the quarter, missing the consensus estimate of ($0.25) by ($0.12). The firm had revenue of $23.89 million during the quarter, compared to the consensus estimate of $25.77 million. SoundThinking had a negative return on equity of 23.31% and a negative net margin of 16.92%.

Institutional Investors Weigh In On SoundThinking

Several large investors have recently modified their holdings of SSTI. Quantinno Capital Management LP lifted its holdings in shares of SoundThinking by 264.8% during the 1st quarter. Quantinno Capital Management LP now owns 236,581 shares of the company’s stock valued at $1,566,000 after purchasing an additional 171,733 shares in the last quarter. Kopion Asset Management LLC raised its holdings in SoundThinking by 14.6% during the 2nd quarter. Kopion Asset Management LLC now owns 1,114,648 shares of the company’s stock worth $10,088,000 after buying an additional 142,346 shares during the period. Rice Hall James & Associates LLC acquired a new position in shares of SoundThinking in the second quarter valued at approximately $4,225,000. BNP Paribas Financial Markets boosted its stake in SoundThinking by 160.5% in the 3rd quarter. BNP Paribas Financial Markets now owns 2,740 shares of the company’s stock worth $33,000 after purchasing an additional 1,688 shares during the period. Finally, BlackRock Inc. bought a new position in SoundThinking during the 2nd quarter worth about $3,240,000. 60.74% of the stock is currently owned by institutional investors.

SoundThinking News Roundup

Here are the key news stories impacting SoundThinking this week:

• Positive Sentiment: Northland Securities raised its FY2027 EPS forecast to $0.04 from a projected loss of $0.18, suggesting the analyst now expects SoundThinking to reach profitability next year. Estimates for Q1 and Q2 2027 were also improved, while Q3 2027 was projected at $0.05 per share.
• Neutral Sentiment: Citizens JMP reiterated a Market Perform rating, indicating limited conviction that the stock will significantly outperform or underperform in the near term. SoundThinking’s Market Perform Rating Reiterated at Citizens JMP
• Negative Sentiment: Northland cut its FY2026 EPS estimate to a $1.07 loss from a $0.63 loss and reduced its Q3 2026 forecast to a $0.12 loss from projected earnings of $0.03 per share. Its Q4 2026 estimate also fell to a $0.04 loss from $0.13 in earnings, pointing to weaker near-term profitability. These revisions outweigh the improved FY2027 outlook. Northland Securities Weighs in on SoundThinking Q4 Earnings
• Negative Sentiment: Lake Street Capital downgraded SoundThinking to Hold, while Cantor Fitzgerald lowered its price target to $8.00, reinforcing cautious sentiment around the company’s near-term prospects. SoundThinking Cut to Hold at Lake Street Capital Cantor Fitzgerald Cuts SoundThinking Price Target to $8.00

SoundThinking Company Profile

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. It offers ShotSpotter, an acoustic gunshot detection system; CrimeTracer, a law enforcement search engine; CaseBuilder, an investigation management system; and ResourceRouter, a software that directs patrol and community anti-violence resources to help maximize their impact.