Similarweb (NYSE:SMWB) Trading Down 5.7% – What’s Next?

Posted by Stanley Muller on Sep 8th, 2026

Similarweb Ltd. (NYSE:SMWB – Get Free Report)’s stock price traded down 5.7% during trading on Tuesday . The company traded as low as $8.33 and last traded at $8.3350. Approximately 42,596 shares traded hands during trading, a decline of 95% from the average daily volume of 889,450 shares. The stock had previously closed at $8.84.

Analyst Ratings Changes

SMWB has been the topic of a number of recent research reports. Citigroup lifted their target price on Similarweb from $7.00 to $9.00 and gave the stock a “neutral” rating in a report on Thursday, August 13th. Barclays increased their price target on Similarweb from $5.00 to $11.00 and gave the company an “overweight” rating in a research report on Thursday, August 13th. Oppenheimer lifted their price target on Similarweb from $7.00 to $8.50 and gave the stock an “outperform” rating in a research note on Wednesday, August 5th. Wall Street Zen upgraded Similarweb from a “buy” rating to a “strong-buy” rating in a report on Sunday, August 23rd. Finally, Northland Securities raised shares of Similarweb from a “market perform” rating to an “outperform” rating and upped their price objective for the company from $5.00 to $10.00 in a research note on Wednesday, August 12th. Four analysts have rated the stock with a Buy rating, five have issued a Hold rating and one has assigned a Sell rating to the company’s stock. According to data from MarketBeat, the stock currently has a consensus rating of “Hold” and an average price target of $10.14.

Read Our Latest Research Report on SMWB

Similarweb Stock Down 4.9%

The firm has a market cap of $736.72 million, a price-to-earnings ratio of -33.64 and a beta of 1.21. The company has a 50-day moving average price of $7.57 and a 200 day moving average price of $4.82.

Similarweb (NYSE:SMWB – Get Free Report) last posted its quarterly earnings results on Wednesday, August 12th. The company reported $0.06 earnings per share for the quarter. The firm had revenue of $77.19 million for the quarter. Similarweb had a negative return on equity of 19.81% and a negative net margin of 7.37%.

Insider Buying and Selling at Similarweb

In other news, CEO Or Offer sold 574,605 shares of the company’s stock in a transaction dated Thursday, August 13th. The stock was sold at an average price of $8.80, for a total value of $5,056,524.00. Following the transaction, the chief executive officer owned 4,598,291 shares in the company, valued at $40,464,960.80. This represents a 11.11% decrease in their position. The sale was disclosed in a document filed with the Securities & Exchange Commission, which is available at this link. In the last 90 days, insiders sold 1,092,724 shares of company stock valued at $9,702,046.

Institutional Inflows and Outflows

Institutional investors and hedge funds have recently added to or reduced their stakes in the stock. Phoenix Financial Ltd. lifted its position in Similarweb by 43.2% in the 4th 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 in the last quarter. Wellington Management Group LLP grew its holdings in shares of Similarweb by 22.2% during the 2nd quarter. Wellington Management Group LLP now owns 3,624,685 shares of the company’s stock valued at $22,219,000 after acquiring an additional 657,928 shares in the last quarter. Nuveen LLC grew its holdings in shares of Similarweb by 2.5% during the 4th quarter. Nuveen LLC now owns 1,520,398 shares of the company’s stock valued at $11,388,000 after acquiring an additional 37,457 shares in the last quarter. Connor Clark & Lunn Investment Management Ltd. increased its stake in shares of Similarweb by 2.6% in the third quarter. Connor Clark & Lunn Investment Management Ltd. now owns 944,552 shares of the company’s stock worth $8,784,000 after acquiring an additional 23,881 shares during the last quarter. Finally, New York State Common Retirement Fund increased its stake in shares of Similarweb by 0.4% in the fourth quarter. New York State Common Retirement Fund now owns 852,915 shares of the company’s stock worth $6,388,000 after acquiring an additional 3,170 shares during the last quarter. 57.59% of the stock is owned by hedge funds and other institutional investors.

About Similarweb

(Get Free Report)

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.