Similarweb: Seizing The Opportunity In The Growing Digital Intelligence Market [Seeking Alpha]
Similarweb Ltd. Ordinary Shares (SMWB)
Company Research
Source: Seeking Alpha
SeventyFour/iStock via Getty ImagesInvestment ThesisSimilarweb Ltd. (NYSE:SMWBunderstand the digital landscape better. Similarweb stands out by collecting data from over 60 diverse sources and differentiating itself through its data synthesis process, which involves cleansing, matching, and categorizing the data, followed by modeling it using proprietary algorithms. I have an end-of-year price target of $8.2 derived through a 2.5x sales multiple to CY24 revenues of $256 million, a discount to faster-growth peers due to lower profitability compared to other faster-growth software names.Q1 2023 Earnings: Paving the Way for Sustainable GrowthI believe that first-quarter 2023 revenue was largely in line with expectations; however, there wasdeclinein net retention and a slowdown in the growth of remaining performance obligations compared to the previous quarter. These factors reflect the current demand environment. The management mentioned that sales cycles are getting longer, and upsellin
Show less
Read more
Impact Snapshot
Event Time:
SMWB
Last Price
Price Change
Price Change%
Volume Shares
Max Up
Max Down
%
Volume Ratio
Performance Comparison
Updated
|
Event Day
Stock performance from the time of news release until the following 4pm ET market close
|
Last price at news event
|
Since Event
Multi-day stock performance from the time of the news release
|
|---|---|---|
|
EVENT DAY
Stock performance from the time of news release until the following 4pm ET market close
|
LAST
PRICE AT NEWS EVENT |
SINCE EVENT
Multi-day stock performance from the time of the news release
|
| Last Price | ||
| VWAP | ||
|
High:
|
Max Up |
High:
|
|
Low:
|
Max Down |
Low:
|
|
%
|
Post news range |
%
|
|
|
Price change |
|
|
|
Price Change Percentage |
|
|
|
S&P 500 (SPX) |
|
|
%
|
Volume ratio |
%
|
| Volume | ||
| Ticks | ||
|
|
Avg transaction size |
|
Don't Miss Out On The Next BIG Stock Move
Event day
Event Day Chart will not be displayed beyond 90-day period of the event
Performance since event
Time And Velocity Analysis
Be the first to know
Opt in for alerts from News Quantifed
Sign Up Today
Opt-in for
SMWB alerts
Learn More With NQ
Reading the Impact Report
Help Me Understand This Data
Help Me Understand This Data
How NQ Works
What is news-based trading?
And why is it so successful?
And why is it so successful?
Movers & Shakers
The biggest gainers and losers and WHY it moved
SMWB alerts
High impacting Similarweb Ltd. Ordinary Shares news events
Weekly update
A roundup of the hottest topics
SMWB
News
- Similarweb to Announce First Quarter 2024 Financial Results on May 7, 2024, After Market CloseBusiness Wire
- Trump Media Stock Plummets After Truth Social Announces Live TV Streaming Platform [Yahoo! Finance]Yahoo! Finance
- Why is Trump's Truth Social stock plummeting? [Yahoo! Finance]Yahoo! Finance
- 5-ish Things on AI: Go Talk to 'Claude,' Famed Apple Designer Eyes Wearables, and More [CNET News]CNET News
- Market Sentiment Around Loss-Making Similarweb Ltd. (NYSE:SMWB) [Yahoo! Finance]Yahoo! Finance
SMWB
Earnings
- 2/13/24 - Beat
SMWB
Sec Filings
- 3/8/24 - Form 144
- 3/7/24 - Form 144
- 3/6/24 - Form 144
- SMWB's page on the SEC website