SEMrush (NYSE:SEMR) Sees Large Volume Increase – Here’s What Happened

SEMrush Holdings, Inc. (NYSE:SEMR) shares saw unusually-strong trading volume on Wednesday . Approximately 2,175,412 shares traded hands during mid-day trading, an increase of 104% from the previous session’s volume of 1,068,570 shares.The stock last traded at $11.90 and had previously closed at $11.94.

Analysts Set New Price Targets

A number of equities analysts recently weighed in on SEMR shares. Wall Street Zen raised shares of SEMrush from a “hold” rating to a “buy” rating in a research note on Saturday, November 8th. KeyCorp lowered SEMrush from a “strong-buy” rating to a “hold” rating in a report on Wednesday, November 19th. Weiss Ratings reaffirmed a “sell (d)” rating on shares of SEMrush in a research report on Wednesday, October 8th. Needham & Company LLC lowered SEMrush from a “moderate buy” rating to a “hold” rating in a research report on Wednesday, November 19th. Finally, Zacks Research raised SEMrush from a “strong sell” rating to a “hold” rating in a research note on Monday, October 6th. Five analysts have rated the stock with a Hold rating and one has assigned a Sell rating to the stock. According to MarketBeat, the stock has an average rating of “Reduce”.

SEMrush Stock Down 0.3%

The firm has a market cap of $1.78 billion, a PE ratio of -595.50 and a beta of 1.55. The business’s 50 day moving average is $10.46.

SEMrush (NYSE:SEMR) last released its quarterly earnings results on Wednesday, November 5th. The company reported ($0.01) earnings per share (EPS) for the quarter, hitting the consensus estimate of ($0.01). SEMrush had a negative return on equity of 1.60% and a negative net margin of 1.05%.The company had revenue of $112.08 million during the quarter, compared to the consensus estimate of $111.53 million.

About SEMrush

SEMrush is a software-as-a-service (SaaS) provider specializing in online visibility management and digital marketing analytics. Its cloud-based platform offers tools for search engine optimization (SEO), pay-per-click (PPC) advertising research, content marketing, social media management, and competitive intelligence. By aggregating data across search engines, advertising networks, and social platforms, the company enables marketers to track keyword rankings, audit websites, analyze backlink profiles, and uncover competitor strategies.

The company’s flagship offering, the SEMrush toolkit, includes modules for keyword research, site auditing, position tracking, backlink analysis, and content optimization.