Smith Micro Software (NASDAQ:SMSI) Posts Quarterly Earnings Results, Beats Estimates By $0.31 EPS

Posted by Francis Steltz on Aug 13th, 2026

Smith Micro Software logo Smith Micro Software (NASDAQ:SMSI – Get Free Report) posted its quarterly earnings data on Thursday. The software maker reported ($0.19) EPS for the quarter, beating analysts’ consensus estimates of ($0.50) by $0.31, FiscalAI reports. The business had revenue of $4.34 million for the quarter, compared to analyst estimates of $4.85 million. Smith Micro Software had a negative net margin of 165.35% and a negative return on equity of 55.78%.

Smith Micro Software Stock Down 4.9%

Shares of Smith Micro Software stock traded down $0.15 during midday trading on Thursday, hitting $2.89. The company’s stock had a trading volume of 43,887 shares, compared to its average volume of 95,204. Smith Micro Software has a 1-year low of $2.05 and a 1-year high of $4.64. The company has a quick ratio of 1.37, a current ratio of 1.37 and a debt-to-equity ratio of 0.10. The firm has a market capitalization of $16.16 million, a P/E ratio of -0.42 and a beta of 0.69. The stock has a 50-day simple moving average of $2.85 and a 200-day simple moving average of $3.26.

Wall Street Analyst Weigh In

Several research analysts recently weighed in on SMSI shares. Benchmark raised their target price on Smith Micro Software from $10.00 to $12.50 and gave the company a “buy” rating in a research note on Friday, May 1st. Weiss Ratings downgraded shares of Smith Micro Software from a “sell (d-)” rating to a “sell (e+)” rating in a report on Thursday, July 23rd. One research analyst has rated the stock with a Buy rating and one has issued a Sell rating to the stock. According to MarketBeat, the stock has an average rating of “Hold” and a consensus price target of $12.50.

Read Our Latest Report on Smith Micro Software

Institutional Investors Weigh In On Smith Micro Software

A number of institutional investors have recently modified their holdings of the stock. Renaissance Technologies LLC increased its position in Smith Micro Software by 41.7% in the 4th quarter. Renaissance Technologies LLC now owns 110,745 shares of the software maker’s stock worth $60,000 after purchasing an additional 32,604 shares during the last quarter. Geode Capital Management LLC increased its holdings in Smith Micro Software by 16.7% in the fourth quarter. Geode Capital Management LLC now owns 212,813 shares of the software maker’s stock worth $115,000 after buying an additional 30,410 shares during the last quarter. DRW Securities LLC bought a new position in Smith Micro Software during the fourth quarter valued at approximately $40,000. Finally, Susquehanna International Group LLP lifted its stake in shares of Smith Micro Software by 109.2% in the 3rd quarter. Susquehanna International Group LLP now owns 42,780 shares of the software maker’s stock valued at $31,000 after purchasing an additional 22,335 shares during the last quarter. Institutional investors and hedge funds own 20.80% of the company’s stock.

About Smith Micro Software

(Get Free Report)

Smith Micro Software, Inc, headquartered in Aliso Viejo, California, is a global provider of enterprise software solutions specializing in mobility management, device security and digital content distribution. Since its founding in 1982, Smith Micro has focused on delivering tools that enable wireless network operators, enterprises and software publishers to optimize performance, secure assets and manage licensing and distribution of digital media and applications.

Within its mobility and security segment, Smith Micro offers platforms for network offload, application acceleration, secure Wi-Fi connectivity and device management.