Similarweb (NYSE:SMWB) Shares Down 5.7% – Should You Sell?

08 Sep 2026, 15:41 by Michael Walen · The Markets Daily

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

Wall Street Analyst Weigh In

A number of research firms have recently weighed in on SMWB. Citigroup raised their price target on Similarweb from $7.00 to $9.00 and gave the stock a “neutral” rating in a research note on Thursday, August 13th. Oppenheimer boosted their price target on Similarweb from $7.00 to $8.50 and gave the company an “outperform” rating in a research note on Wednesday, August 5th. Northland Securities upgraded Similarweb from a “market perform” rating to an “outperform” rating and increased their price objective for the stock from $5.00 to $10.00 in a report on Wednesday, August 12th. Weiss Ratings reaffirmed a “sell (e+)” rating on shares of Similarweb in a research report on Wednesday, August 12th. Finally, Barclays lifted their target price on shares of Similarweb from $5.00 to $11.00 and gave the company an “overweight” rating in a research note on Thursday, August 13th. Four analysts have rated the stock with a Buy rating, five have assigned a Hold rating and one has issued a Sell rating to the company. Based on data from MarketBeat, the stock currently has an average rating of “Hold” and an average target price of $10.14.

Check Out Our Latest Stock Report on Similarweb

Similarweb Price Performance

The company has a fifty day simple moving average of $7.57 and a two-hundred day simple moving average of $4.82. The company has a market capitalization of $736.72 million, a P/E ratio of -33.64 and a beta of 1.21.

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

Insider Transactions at Similarweb

In other Similarweb news, CEO Or Offer sold 383,127 shares of the stock in a transaction that occurred on Wednesday, August 26th. The stock was sold at an average price of $9.00, for a total transaction of $3,448,143.00. Following the transaction, the chief executive officer owned 4,598,291 shares in the company, valued at $41,384,619. This trade represents a 7.69% decrease in their ownership of the stock. The sale was disclosed in a document filed with the SEC, which is available at the SEC website. Insiders sold a total of 1,092,724 shares of company stock worth $9,702,046 over the last three months.

Institutional Inflows and Outflows

A number of hedge funds and other institutional investors have recently bought and sold shares of the company. Larson Financial Group LLC acquired a new position in Similarweb during the 3rd quarter worth $25,000. Wexford Capital LP acquired a new stake in shares of Similarweb in the third quarter valued at about $64,000. Brooklyn Investment Group acquired a new stake in shares of Similarweb in the fourth quarter valued at about $85,000. Boothbay Fund Management LLC bought a new position in shares of Similarweb in the fourth quarter worth about $90,000. Finally, Nebula Research & Development LLC bought a new position in shares of Similarweb in the second quarter worth about $146,000. 57.59% of the stock is currently owned by institutional investors and hedge funds.

Similarweb Company Profile

(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.