Smith Micro Software, Inc. (NASDAQ:SMSI – Free Report) – Equities research analysts at Roth Capital cut their Q1 2025 earnings per share (EPS) estimates for Smith Micro Software in a research report issued to clients and investors on Tuesday, March 11th. Roth Capital analyst S. Searle now forecasts that the software maker will earn ($0.23) per share for the quarter, down from their prior estimate of ($0.20). The consensus estimate for Smith Micro Software’s current full-year earnings is ($1.83) per share. Roth Capital also issued estimates for Smith Micro Software’s Q2 2025 earnings at ($0.21) EPS, Q3 2025 earnings at ($0.17) EPS, FY2025 earnings at ($0.72) EPS and FY2026 earnings at ($0.30) EPS.
A number of other brokerages also recently commented on SMSI. StockNews.com upgraded Smith Micro Software from a “sell” rating to a “hold” rating in a report on Wednesday. Benchmark restated a “buy” rating and set a $5.00 target price on shares of Smith Micro Software in a report on Thursday, November 14th.
Smith Micro Software Stock Performance
NASDAQ:SMSI opened at $0.73 on Friday. The firm has a market cap of $8.66 million, a PE ratio of -0.14 and a beta of 0.75. Smith Micro Software has a fifty-two week low of $0.52 and a fifty-two week high of $3.21. The business has a 50 day moving average price of $1.31 and a 200-day moving average price of $1.03.
Hedge Funds Weigh In On Smith Micro Software
Hedge funds and other institutional investors have recently made changes to their positions in the business. XTX Topco Ltd bought a new position in Smith Micro Software in the third quarter worth $26,000. Virtu Financial LLC bought a new position in Smith Micro Software in the third quarter worth $39,000. Raymond James Financial Inc. bought a new position in Smith Micro Software in the fourth quarter worth $32,000. Pacific Ridge Capital Partners LLC raised its holdings in Smith Micro Software by 122.2% in the fourth quarter. Pacific Ridge Capital Partners LLC now owns 521,018 shares of the software maker’s stock worth $683,000 after purchasing an additional 286,540 shares in the last quarter. Finally, Geode Capital Management LLC raised its holdings in Smith Micro Software by 59.9% in the fourth quarter. Geode Capital Management LLC now owns 137,979 shares of the software maker’s stock worth $181,000 after purchasing an additional 51,681 shares in the last quarter. Institutional investors own 20.80% of the company’s stock.
About Smith Micro Software
Smith Micro Software, Inc engages in the development and sale of software to enhance the mobile experience to wireless and cable service providers in the Americas, Europe, the Middle East, and Africa. The company offers SafePath Family, SafePath IoT, SafePath Home, and SafePath Premium product suite, which provides tools to protect digital lifestyles and manage connected devices inside and outside the home; and CommSuite, a messaging platform that helps mobile service provides deliver a next-generation voicemail experience to mobile subscribers, as well as enables multi-language voice-to-text (VTT) transcription messaging.
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