Similarweb Ltd. (NYSE:SMWB) Sees Large Decrease in Short Interest

Similarweb Ltd. (NYSE:SMWB) saw a large drop in short interest during the month of April. As of April 30th, there was short interest totaling 258,981 shares, a drop of 54.8% from the April 15th total of 573,412 shares. Based on an average daily volume of 564,748 shares, the short-interest ratio is presently 0.5 days. Currently, 0.3% of the company’s shares are short sold.

Key Similarweb News

Here are the key news stories impacting Similarweb this week:

• Positive Sentiment: Similarweb reported Q1 2026 results that met EPS expectations and came in slightly ahead of revenue estimates, with management and post-earnings coverage highlighting strong revenue growth and AI-related momentum. Similarweb Ltd (SMWB) Q1 2026 Earnings Call Highlights: Strong Revenue Growth and Strategic AI …
• Positive Sentiment: The company outlined full-year 2026 revenue guidance of $307 million to $315 million, which signals management confidence in continued growth after the quarter. Similarweb outlines $307M-$315M 2026 revenue outlook as CEO transition is expected by mid-2027
• Positive Sentiment: Similarweb and Manus expanded data coverage to provide deeper digital marketing insights and support smarter AI agents, a potential product and partnership tailwind. Similarweb and Manus Expand Data Coverage, Enabling Deeper Digital Marketing Insights and Smarter AI Agents
• Neutral Sentiment: The board tightened executive pay policy and adjusted audit committee leadership ahead of the May 28 annual meeting, which is more of a governance update than a direct business catalyst. Similarweb Tightens Executive Pay Policy and Adjusts Audit Committee Leadership Ahead of May 28 AGM
• Neutral Sentiment: Coverage from analysts has been mixed, with some comparing Similarweb to other technology names and noting disagreement on valuation and outlook. Analysts Conflicted on These Technology Names: Similarweb (SMWB) and Riskified (RSKD)
• Negative Sentiment: Similarweb also said it is beginning CEO succession planning, which can create some uncertainty around leadership transition even though the timing suggests an orderly process. Similarweb Initiates CEO Succession Planning Process

Analysts Set New Price Targets

Several equities research analysts have weighed in on SMWB shares. Citizens Jmp cut shares of Similarweb from an “outperform” rating to a “market perform” rating in a research report on Wednesday, February 18th. William Blair cut shares of Similarweb from an “outperform” rating to a “market perform” rating in a research report on Wednesday, February 18th. Barclays dropped their price target on shares of Similarweb from $7.00 to $5.00 and set an “overweight” rating for the company in a research report on Monday, April 20th. Oppenheimer dropped their price target on shares of Similarweb from $7.00 to $4.00 and set an “outperform” rating for the company in a research report on Thursday, February 19th. Finally, Northland Securities cut shares of Similarweb from an “outperform” rating to a “market perform” rating and set a $5.00 target price for the company. in a research report on Wednesday, February 18th. Three research analysts have rated the stock with a Buy rating, seven have issued a Hold rating and one has given a Sell rating to the company’s stock. According to MarketBeat, the company currently has an average rating of “Hold” and an average target price of $7.07.

Institutional Inflows and Outflows

Several large investors have recently bought and sold shares of SMWB. Wellington Management Group LLP raised its holdings in Similarweb by 163.6% in the third quarter. Wellington Management Group LLP now owns 2,457,805 shares of the company’s stock worth $22,858,000 after buying an additional 1,525,230 shares during the last quarter. Phoenix Financial Ltd. raised its holdings in Similarweb by 43.2% in the fourth quarter. Phoenix Financial Ltd. now owns 4,285,786 shares of the company’s stock worth $32,101,000 after buying an additional 1,292,700 shares during the last quarter. Penn Capital Management Company LLC grew its stake in shares of Similarweb by 299.4% in the third quarter. Penn Capital Management Company LLC now owns 1,646,094 shares of the company’s stock worth $15,321,000 after acquiring an additional 1,233,928 shares during the period. Menora Mivtachim Holdings LTD. grew its stake in shares of Similarweb by 37.9% in the third quarter. Menora Mivtachim Holdings LTD. now owns 3,208,394 shares of the company’s stock worth $29,838,000 after acquiring an additional 881,652 shares during the period. Finally, New York State Common Retirement Fund bought a new stake in shares of Similarweb in the third quarter worth approximately $7,903,000. 57.59% of the stock is owned by hedge funds and other institutional investors.

Similarweb Stock Performance

Shares of Similarweb stock traded up $0.09 during trading on Friday, hitting $3.16. The company’s stock had a trading volume of 680,073 shares, compared to its average volume of 756,374. The company has a fifty day simple moving average of $2.74 and a two-hundred day simple moving average of $5.07. The company has a market capitalization of $277.08 million, a PE ratio of -9.04 and a beta of 1.11. Similarweb has a 52 week low of $2.22 and a 52 week high of $10.75.

Similarweb (NYSE:SMWB) last issued its earnings results on Wednesday, May 13th. The company reported $0.01 earnings per share (EPS) for the quarter, hitting the consensus estimate of $0.01. The business had revenue of $73.88 million during the quarter, compared to analysts’ expectations of $73.04 million. Similarweb had a negative net margin of 10.38% and a negative return on equity of 48.57%. As a group, analysts predict that Similarweb will post -0.09 EPS for the current year.

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.