Similarweb (SMWB)

• Market cap: $1.18B
• 1 day: 0.00%
• 5 days: -0.76%
• 1 month: 18.47%
• 3 months: 67.60%
• 6 months: 118.64%
• Year to date: 3.15%
• 1 year: 156.31%
• 5 years: -34.02%
• 10 years: -34.02%

About: Similarweb Ltd provides a platform for digital intelligence, delivering a trusted, comprehensive, and detailed view of the digital world that empowers customers to accelerate their growth and become more competitive in the markets. Its proprietary technology analyzes billions of digital interactions and transactions every day from millions of websites and apps and turns these digital signals into actionable insights. The company generates revenues mainly from SaaS subscriptions, which comprise subscription fees from customers utilizing cloud-based digital intelligence solutions and other subscription-based solutions. Geographically, the majority of its revenue is derived from the United States and rest from Israel, United Kingdom, Europe, Asia Pacific and other regions.

Employees: 899

Fund manager confidence

Based on 2024 Q3 regulatory filings by fund managers ($100M+ AUM)

225% more first-time investments, than exits

New positions opened: 26 | Existing positions closed: 8

112% more repeat investments, than reductions

Existing positions increased: 36 | Existing positions reduced: 17

100% more funds holding in top 10

Funds holding in top 10: 3 [Q2] → 6 (+3) [Q3]

32% more capital invested

Capital invested by funds: $238M [Q2] → $314M (+$76.5M) [Q3]

22% more funds holding

Funds holding: 76 [Q2] → 93 (+17) [Q3]

5.83% more ownership

Funds ownership: 38.08% [Q2] → 43.91% (+5.83%) [Q3]

71% less call options, than puts

Call options by funds: $209K | Put options by funds: $724K

Research analyst outlook

5 Wall Street Analysts provided 1 year price targets over the past 3 months

• Low target: $14 3% downside
• Avg. target: $15.60 8% upside
• High target: $17 18% upside

5 analyst ratings

• positive: 5 100%
• neutral: 0 0%
• negative: 0 0%

JMP Securities Patrick Walravens 57% 1-year accuracy 63 / 110 met price target	18% upside $17	Market Outperform Reiterated	11 Dec 2024
Needham Scott Berg 58% 1-year accuracy 87 / 151 met price target	3% downside $14	Buy Reiterated	11 Dec 2024
Goldman Sachs Adam Hotchkiss 94% 1-year accuracy 17 / 18 met price target	11% upside $16	Buy Initiated	11 Dec 2024
Northland Capital Markets Luke Horton 75% 1-year accuracy 3 / 4 met price target	18% upside $17	Outperform Maintained	26 Nov 2024
Citigroup Tyler Radke 59% 1-year accuracy 36 / 61 met price target	3% downside $14	Buy Maintained	14 Nov 2024