Similarweb Ltd. (NYSE:SMWB – Get Free Report) was the recipient of a large decline in short interest in the month of April. As of April 30th, there was short interest totaling 258,981 shares, a decline of 54.8% from the April 15th total of 573,412 shares. Based on an average trading volume of 564,748 shares, the short-interest ratio is presently 0.5 days. Currently, 0.3% of the company’s shares are sold short.
Institutional Investors Weigh In On Similarweb
Several institutional investors have recently added to or reduced their stakes in the stock. Phoenix Financial Ltd. lifted its position in Similarweb by 43.2% in the 4th quarter. Phoenix Financial Ltd. now owns 4,285,786 shares of the company’s stock valued at $32,101,000 after acquiring an additional 1,292,700 shares in the last quarter. Menora Mivtachim Holdings LTD. lifted its position in Similarweb by 37.9% in the 3rd quarter. Menora Mivtachim Holdings LTD. now owns 3,208,394 shares of the company’s stock valued at $29,838,000 after acquiring an additional 881,652 shares in the last quarter. Migdal Insurance & Financial Holdings Ltd. lifted its position in Similarweb by 3.3% in the 3rd quarter. Migdal Insurance & Financial Holdings Ltd. now owns 3,106,157 shares of the company’s stock valued at $28,887,000 after acquiring an additional 100,000 shares in the last quarter. Wellington Management Group LLP lifted its position in Similarweb by 163.6% in the 3rd quarter. Wellington Management Group LLP now owns 2,457,805 shares of the company’s stock valued at $22,858,000 after acquiring an additional 1,525,230 shares in the last quarter. Finally, Penn Capital Management Company LLC lifted its position in Similarweb by 299.4% in the 3rd quarter. Penn Capital Management Company LLC now owns 1,646,094 shares of the company’s stock valued at $15,321,000 after acquiring an additional 1,233,928 shares in the last quarter. 57.59% of the stock is owned by institutional investors.
Wall Street Analysts Forecast Growth
A number of analysts have commented on the stock. William Blair lowered shares of Similarweb from an “outperform” rating to a “market perform” rating in a report on Wednesday, February 18th. Needham & Company LLC lowered shares of Similarweb from a “buy” rating to a “hold” rating in a report on Wednesday, February 18th. Citigroup lowered shares of Similarweb from a “buy” rating to a “neutral” rating and lowered their target price for the stock from $8.50 to $3.00 in a report on Friday, April 10th. Wall Street Zen cut shares of Similarweb from a “buy” rating to a “hold” rating in a research report on Saturday, February 21st. Finally, Citizens Jmp cut shares of Similarweb from an “outperform” rating to a “market perform” rating in a research report on Wednesday, February 18th. Three equities research analysts have rated the stock with a Buy rating, seven have given a Hold rating and one has given a Sell rating to the company’s stock. Based on data from MarketBeat, Similarweb presently has a consensus rating of “Hold” and an average price target of $7.07.
Key Stories Impacting Similarweb
Here are the key news stories impacting Similarweb this week:
- Positive Sentiment: Similarweb reported Q1 2026 results that met EPS expectations and came in slightly ahead of revenue estimates, with management and post-earnings coverage highlighting strong revenue growth and AI-related momentum. Similarweb Ltd (SMWB) Q1 2026 Earnings Call Highlights: Strong Revenue Growth and Strategic AI …
- Positive Sentiment: The company outlined full-year 2026 revenue guidance of $307 million to $315 million, which signals management confidence in continued growth after the quarter. Similarweb outlines $307M-$315M 2026 revenue outlook as CEO transition is expected by mid-2027
- Positive Sentiment: Similarweb and Manus expanded data coverage to provide deeper digital marketing insights and support smarter AI agents, a potential product and partnership tailwind. Similarweb and Manus Expand Data Coverage, Enabling Deeper Digital Marketing Insights and Smarter AI Agents
- Neutral Sentiment: The board tightened executive pay policy and adjusted audit committee leadership ahead of the May 28 annual meeting, which is more of a governance update than a direct business catalyst. Similarweb Tightens Executive Pay Policy and Adjusts Audit Committee Leadership Ahead of May 28 AGM
- Neutral Sentiment: Coverage from analysts has been mixed, with some comparing Similarweb to other technology names and noting disagreement on valuation and outlook. Analysts Conflicted on These Technology Names: Similarweb (SMWB) and Riskified (RSKD)
- Negative Sentiment: Similarweb also said it is beginning CEO succession planning, which can create some uncertainty around leadership transition even though the timing suggests an orderly process. Similarweb Initiates CEO Succession Planning Process
Similarweb Price Performance
Shares of NYSE SMWB traded up $0.09 during midday trading on Friday, reaching $3.16. 680,073 shares of the stock were exchanged, compared to its average volume of 750,806. The business has a 50-day simple moving average of $2.74 and a two-hundred day simple moving average of $5.10. The company has a market capitalization of $277.08 million, a price-to-earnings ratio of -9.04 and a beta of 1.11. Similarweb has a 12 month low of $2.22 and a 12 month high of $10.75.
Similarweb (NYSE:SMWB – Get Free Report) last announced its quarterly earnings results on Wednesday, May 13th. The company reported $0.01 earnings per share for the quarter, hitting analysts’ consensus estimates of $0.01. The company had revenue of $73.88 million for the quarter, compared to analysts’ expectations of $73.04 million. Similarweb had a negative net margin of 10.38% and a negative return on equity of 48.57%. Equities research analysts expect that Similarweb will post -0.09 earnings per share for the current fiscal year.
Similarweb Company Profile
Similarweb Ltd. (NYSE: SMWB) is a digital intelligence company that provides insights into website and mobile app performance. Its cloud-based platform aggregates and analyzes data on global web traffic, user engagement, and referral sources, enabling businesses to benchmark their digital presence against competitors. The company’s core offering includes metrics on audience behavior, traffic acquisition channels, and industry trends, which are designed to inform strategic decisions in marketing, sales, and product development.
Similarweb’s platform delivers a suite of tools for market research, competitor analysis, and performance optimization.
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