Similarweb Ltd (SMWB) AI Stock Analysis

NYSE: SMWBAI research summary: business, growth, valuation, analysts, bull and bear case.

SMWB AI stock analysis summary

AI Research

Similarweb Ltd (SMWB) is an application software company providing digital intelligence and market research solutions across global markets. In FY2025, revenue expanded 13.1% to $282.6M, alongside positive free cash flow of $13.2M. However, profitability remains negative over the trailing twelve months, with a profit margin of -7.4% and an EPS of -$0.25.

Market cap
$736.9M
Revenue (TTM)
$295.6M
P/E
—
fwd 42.9x
1Y return
-4.2%
S&P 500 16.8%
Avg. target
$10.83
29.7% vs last close

Bull case

  • Free cash flow reached $13.2M in FY2025, marking a second consecutive year of positive cash generation.
  • Gross margin expanded to 79.5% in FY2025, supporting a 5-year revenue CAGR of 24.8%.
  • Wall Street analysts hold a mean price target of $10.83, representing 29.7% upside from the last closing price of $8.35.

Bear case

  • The company remains unprofitable on a trailing basis, posting a trailing twelve-month profit margin of -7.4% and an EPS of -$0.25.
  • The stock trades at a forward P/E of 42.9x, significantly higher than the US-listed Technology peer median of 18.8x.
  • Over the past 5 years, the stock has fallen 58.3%, underperforming the S&P 500 gain of 83.0%.

What Similarweb does

Similarweb Ltd. operates a digital intelligence platform serving clients across the United States, Europe, Asia Pacific, the United Kingdom, Israel, and other regions. The company offers digital research intelligence solutions that help strategy and consumer insights teams benchmark performance, analyze market trends, conduct company research, and study audience behavior. It also provides digital marketing solutions for SEO specialists, marketing leaders, and media buyers to assess competitor online acquisition strategies. Additionally, Similarweb delivers shopper intelligence to monitor consumer demand and conversion rates, alongside sales intelligence solutions that generate buying signals for sales and account management teams.

Growth and profitability

Similarweb generated revenue of $137.7M in FY2021, expanding to $193.2M in FY2022 and $218.0M in FY2023. Revenue reached $249.9M in FY2024 and grew 13.1% to $282.6M in FY2025, reflecting a 5-year revenue CAGR of 24.8% from FY2020. Gross margin rose to 79.5% in FY2025 from 76.9% in FY2021. Despite gross margin improvements, operating margin stood at -8.3% in FY2025, while net income was -$32.9M and EPS was $0.07. For the trailing twelve months ending June 30, 2026, revenue stood at $295.6M with quarterly revenue growth of 8.8% year-over-year. Operating margin for the trailing twelve months improved to 1.4%, though net profit margin was -7.4%.

SMWB income statement →

Balance sheet and cash flow

As of June 30, 2026, Similarweb held $73.9M in cash and short-term investments against total debt of $45.7M, resulting in net cash of $28.2M. Shareholders' equity was $22.8M, yielding a debt-to-equity ratio of 2.01, while the current ratio stood at 0.76. Total assets totaled $282.1M. In FY2025, the company generated $14.6M in operating cash flow and invested $1.5M in capital expenditures, yielding free cash flow of $13.2M. Over five years, the share count increased by 17.7%.

SMWB balance sheet →

Valuation and performance

Similarweb carries a market cap of $736.9M and an enterprise value of $729.0M. The stock trades at a forward P/E of 42.9x, compared to the median of 18.8x for its US-listed Technology peers. Its price-to-sales ratio of 2.5x sits below the peer median of 2.8x, while its EV/EBITDA is 989.2x versus the peer median of 16.6x. Over the past year, SMWB declined 4.2%, trailing the S&P 500 return of 16.8%. Over five years, the stock dropped 58.3%, while the S&P 500 gained 83.0%.

SMWB key metrics →

What analysts expect

Wall Street analysts have 3 Strong Buy, 2 Buy, and 3 Hold ratings on Similarweb, with 0 Sell or Strong Sell recommendations. The mean price target is $10.83, representing a 29.7% upside compared to the last close of $8.35. For the current fiscal year ending December 31, 2026, consensus estimates project revenue of $316.5M and EPS of $0.21. For the following fiscal year, 8 analysts project revenue of $351.3M and EPS of $0.31. Over the last four quarters, the company beat EPS estimates 2 times. The next earnings date is November 10, 2026.

SMWB forecast and price target →

Key risks and what to watch

  • Liquidity is constrained with a current ratio of 0.76 and a debt-to-equity ratio of 2.01 as of June 30, 2026.
  • Quarterly revenue growth slowed to 8.8% year-over-year in the latest quarter, falling below the US-listed Technology peer median of 11.6%.
  • Shareholder dilution has occurred, with the share count increasing 17.7% over the past 5 years.

AI-generated research summary. Written with AI from Quotelinks data as of October 16, 2026 and checked so every figure matches that data. For information only, not investment advice. Disclaimer

About this SMWB AI stock analysis

This page is an AI-written research summary of Similarweb Ltd (SMWB). The text was generated on October 30, 2026 from Quotelinks data as of October 16, 2026 (company profile, annual results, latest balance sheet, valuation, price performance and analyst estimates). An automatic check rejects any draft that contains a figure not found in that data. It is not investment advice; verify figures on the linked tabs before making decisions.

Related: SMWB income statement, SMWB balance sheet, SMWB key metrics, SMWB analyst forecast, SMWB chart. See the SMWB stock overview for the latest quote and news.

SMWB AI stock analysis FAQ

Does Similarweb pay a dividend?

No, Similarweb does not pay a dividend.

What are Similarweb's revenue expectations for FY2026 and FY2027?

Analysts estimate revenue of $316.5M for the fiscal year ending December 31, 2026. For the next fiscal year, 8 analysts expect revenue to reach $351.3M, representing 11.0% growth.

How much debt and cash does Similarweb have?

As of June 30, 2026, Similarweb had $73.9M in cash and short-term investments alongside $45.7M in total debt, leaving net cash of $28.2M.

What is the consensus analyst rating and target price for SMWB?

Similarweb has 3 Strong Buy, 2 Buy, and 3 Hold ratings, with a mean price target of $10.83, which sits 29.7% above the last close of $8.35.

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