
SimilarWeb Ltd (SMWB) Stock Forecast & Price Target
SimilarWeb Ltd (SMWB) Analyst Ratings
Bulls say
Similarweb Ltd has demonstrated a positive outlook due to improvements in customer retention, attributed to a new strategy empowering Customer Success Representatives with renewal responsibilities. The company's growth metrics indicate that it is projected to grow its gross profit 55% faster than peers from FY24 to FY26, despite trading at a 48% discount to its competitors. Furthermore, the total addressable market for Similarweb, fueled by the increasing shift towards digital channel engagement in both B2C and B2B commerce, reinforces expectations for sustainable revenue growth in the foreseeable future.
Bears say
The analysis indicates that Similarweb faces potential challenges in customer growth, which may decline due to the emergence of new technologies and evolving data availability in the market. Additionally, changes in search engine algorithms could compromise the effectiveness of Similarweb's website measurement metrics, leading to diminished confidence in its offerings. Furthermore, macroeconomic headwinds may negatively influence sales cycles and close rates for new business, as well as impact spending and churn rates among existing customers, raising concerns about the sustainability of revenue growth.
This aggregate rating is based on analysts' research of SimilarWeb Ltd and is not a guaranteed prediction by Public.com or investment advice.
SimilarWeb Ltd (SMWB) Analyst Forecast & Price Prediction
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