Similarweb (NYSE:SMWB) Rating Lowered to “Market Perform” at Citizens Jmp

Similarweb (NYSE:SMWB) was downgraded by research analysts at Citizens Jmp from an “outperform” rating to a “market perform” rating in a report issued on Wednesday, MarketBeat reports.

A number of other equities analysts also recently commented on SMWB. Wall Street Zen raised shares of Similarweb from a “hold” rating to a “buy” rating in a report on Saturday, December 20th. Citigroup downgraded shares of Similarweb from a “market outperform” rating to a “hold” rating in a research report on Wednesday. The Goldman Sachs Group downgraded shares of Similarweb from a “buy” rating to a “neutral” rating and set a $7.50 price objective for the company. in a research report on Tuesday, January 13th. Oppenheimer dropped their price objective on shares of Similarweb from $10.00 to $7.00 and set an “outperform” rating on the stock in a research note on Wednesday, February 4th. Finally, Needham & Company LLC restated a “buy” rating and issued a $14.00 target price on shares of Similarweb in a research note on Monday, November 17th. Three investment analysts have rated the stock with a Buy rating, seven have assigned a Hold rating and one has issued a Sell rating to the company’s stock. Based on data from MarketBeat.com, Similarweb currently has a consensus rating of “Hold” and an average price target of $8.50.

Similarweb Stock Performance

SMWB opened at $2.56 on Wednesday. Similarweb has a 1 year low of $2.22 and a 1 year high of $10.75. The firm has a 50 day moving average price of $5.95 and a 200 day moving average price of $7.73. The company has a market cap of $216.84 million, a PE ratio of -6.55 and a beta of 1.09.

Similarweb (NYSE:SMWB) last released its quarterly earnings data on Tuesday, February 17th. The company reported $0.03 EPS for the quarter, beating the consensus estimate of $0.01 by $0.02. The company had revenue of $72.76 million for the quarter, compared to analyst estimates of $76.45 million. Similarweb had a negative return on equity of 70.38% and a negative net margin of 11.65%. On average, sell-side analysts predict that Similarweb will post -0.24 earnings per share for the current year.

Institutional Trading of Similarweb

Several hedge funds have recently added to or reduced their stakes in SMWB. Larson Financial Group LLC acquired a new position in shares of Similarweb during the 3rd quarter worth about $25,000. Wexford Capital LP acquired a new position in Similarweb in the third quarter valued at approximately $64,000. Brooklyn Investment Group acquired a new stake in Similarweb during the fourth quarter worth approximately $85,000. Boothbay Fund Management LLC acquired a new stake in Similarweb during the fourth quarter worth approximately $90,000. Finally, MQS Management LLC purchased a new stake in shares of Similarweb during the 2nd quarter worth approximately $125,000. Institutional investors and hedge funds own 57.59% of the company’s stock.

Similarweb News Summary

Here are the key news stories impacting Similarweb this week:

• Positive Sentiment: Management emphasized AI momentum and set a 2026 revenue growth target of ~10%, signaling a clear strategic pivot to AI-driven offerings that could drive higher-margin products over time. Article Title
• Positive Sentiment: Contract metrics look constructive: multi-year contracts rose to ~60% of ARR and large-customer net retention remains above 100%, which supports revenue stability from top accounts. Article Title
• Neutral Sentiment: Q4 reported EPS beat consensus ($0.03 vs. $0.01) but revenue missed expectations ($72.8M vs. ~$76.5M), a mixed print that tempers enthusiasm despite the EPS upside. Article Title
• Negative Sentiment: Several brokers downgraded the stock this week (Needham, William Blair, Citizens/JMP, Northland), increasing selling pressure and signaling lowered near-term expectations. Needham Downgrades William Blair Downgrades Citizens Downgrades
• Negative Sentiment: Analysts flag elongated sales cycles, higher R&D spend for AI productization, delayed large LLM deals and potential self-cannibalization from product transitions — these factors drove the revenue shortfall and pushed company-wide NRR to ~98%, below the healthier >100% mark. Article Title

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.