Similarweb Ltd. (NYSE:SMWB – Get Free Report) has been assigned a consensus recommendation of “Hold” from the ten ratings firms that are covering the firm, Marketbeat Ratings reports. One equities research analyst has rated the stock with a sell recommendation, four have issued a hold recommendation and five have issued a buy recommendation on the company. The average 1-year price objective among brokers that have updated their coverage on the stock in the last year is $9.71.
SMWB has been the subject of a number of research analyst reports. Needham & Company LLC upgraded Similarweb from a “hold” rating to a “buy” rating and set a $11.00 target price for the company in a research report on Wednesday, September 16th. Wall Street Zen cut Similarweb from a “strong-buy” rating to a “buy” rating in a research report on Saturday, September 12th. Oppenheimer raised their price target on shares of Similarweb from $7.00 to $8.50 and gave the company an “outperform” rating in a report on Wednesday, August 5th. Citigroup increased their target price on Similarweb from $7.00 to $9.00 and gave the company a “neutral” rating in a research note on Thursday, August 13th. Finally, Weiss Ratings restated a “sell (e+)” rating on shares of Similarweb in a research report on Wednesday, August 12th.
Check Out Our Latest Stock Report on Similarweb
Similarweb Trading Down 0.0%
Similarweb (NYSE:SMWB – Get Free Report) last announced its quarterly earnings data on Wednesday, August 12th. The company reported $0.06 earnings per share for the quarter. Similarweb had a negative net margin of 7.37% and a negative return on equity of 19.81%. The business had revenue of $77.19 million for the quarter.
Trending Headlines about Similarweb
Here are the key news stories impacting Similarweb this week:
- Positive Sentiment: Similarweb appointed Michael Akkerman as CEO effective November 2, 2026. Akkerman brings nearly 20 years of senior operating experience, including leadership in digital advertising, which could support growth and operational execution. Similarweb Names Michael Akkerman as New Chief Executive Officer
- Neutral Sentiment: The transition was previously announced in May, with founder and CEO Or Offer stepping down after nearly two decades. Akkerman’s appointment provides a succession plan, but investors will likely look for more details on his strategy and priorities. Trading was temporarily halted while the leadership news was pending. Similarweb Appoints Michael Akkerman as CEO
- Negative Sentiment: Offer sold another 114,300 shares for approximately $879,000 on September 24, following sales of 28,400 shares for $243,000 on September 23 and 34,500 shares for $289,000 on September 22. The transactions were made under a pre-arranged Rule 10b5-1 plan, so they do not necessarily indicate deteriorating business fundamentals, but the repeated selling may weigh on investor sentiment. Similarweb CEO Insider Sale Filing
- Negative Sentiment: The founder’s departure creates uncertainty around leadership continuity and execution. That concern appears to have outweighed the incoming CEO’s credentials in the initial market reaction, particularly while Similarweb continues to report a negative net margin and negative return on equity. Similarweb Shares Fall After New CEO Announcement
Insider Transactions at Similarweb
In other news, CEO Or Offer sold 574,605 shares of the firm’s stock in a transaction dated Thursday, August 13th. The stock was sold at an average price of $8.80, for a total transaction of $5,056,524.00. Following the sale, the chief executive officer owned 4,598,291 shares of the company’s stock, valued at $40,464,960.80. This trade represents a 11.11% decrease in their ownership of the stock. The transaction was disclosed in a document filed with the SEC, which is available through this hyperlink. Over the last 90 days, insiders sold 1,760,534 shares of company stock worth $15,163,145.
Hedge Funds Weigh In On Similarweb
Institutional investors have recently added to or reduced their stakes in the company. Wellington Management Group LLP boosted its position in shares of Similarweb by 22.2% in the second quarter. Wellington Management Group LLP now owns 3,624,685 shares of the company’s stock valued at $22,219,000 after acquiring an additional 657,928 shares during the period. S Squared Technology LLC raised its position in Similarweb by 12.9% in the fourth quarter. S Squared Technology LLC now owns 775,161 shares of the company’s stock valued at $5,806,000 after purchasing an additional 88,489 shares during the last quarter. Renaissance Technologies LLC raised its stake in shares of Similarweb by 104.6% during the first quarter. Renaissance Technologies LLC now owns 739,673 shares of the company’s stock valued at $1,931,000 after acquiring an additional 378,200 shares during the last quarter. Royce & Associates LP lifted its stake in shares of Similarweb by 8.7% in the fourth quarter. Royce & Associates LP now owns 537,406 shares of the company’s stock worth $4,025,000 after acquiring an additional 43,078 shares during the period. Finally, UBS Group AG lifted its holdings in Similarweb by 71.4% in the fourth quarter. UBS Group AG now owns 536,549 shares of the company’s stock valued at $4,019,000 after buying an additional 223,562 shares during the period. 57.59% of the stock is currently owned by institutional investors and hedge funds.
About Similarweb
Similarweb Ltd. is a digital intelligence company that provides data and analytics about online activity. Its platform helps organizations analyze website and mobile application performance, understand audience behavior, evaluate competitors, and identify trends across digital markets.
The company’s products support a range of business functions, including marketing, sales, market research, search engine optimization, investor research and business development. Similarweb combines data from multiple sources to provide insights into web traffic, mobile app usage, customer engagement, acquisition channels and industry positioning.
Founded in 2007, Similarweb serves businesses, agencies, financial institutions and other organizations in markets around the world.
Recommended Stories
- Five stocks we like better than Similarweb
- Data Centers Got the AI Hype—But Office REITs May Get the Rent Hikes
- 2 Cybersecurity Stocks Breaking Out as AI Continues to Be a Tailwind
- 3 More AI Infrastructure Plays Beyond the Big Names
- CAVA Stock Slips: Sector Fear or Valuation Reality?
Receive News & Ratings for Similarweb Daily - Enter your email address below to receive a concise daily summary of the latest news and analysts' ratings for Similarweb and related companies with MarketBeat.com's FREE daily email newsletter.
