Similarweb (NYSE:SMWB) Trading 7% Higher – Here’s What Happened

14 Sep 2026, 17:42 by Tristan Rich · The Markets Daily

Similarweb Ltd. (NYSE:SMWB – Get Free Report) shares shot up 7% on Monday . The stock traded as high as $8.60 and last traded at $8.6350. Approximately 121,407 shares traded hands during trading, a decline of 86% from the average daily volume of 885,907 shares. The stock had previously closed at $8.07.

Wall Street Analysts Forecast Growth

SMWB has been the subject of a number of recent research reports. Oppenheimer lifted their price objective on Similarweb from $7.00 to $8.50 and gave the company an “outperform” rating in a research note on Wednesday, August 5th. Wall Street Zen downgraded Similarweb from a “strong-buy” rating to a “buy” rating in a research note on Saturday. Barclays raised their target price on Similarweb from $5.00 to $11.00 and gave the stock an “overweight” rating in a report on Thursday, August 13th. Weiss Ratings reissued a “sell (e+)” rating on shares of Similarweb in a report on Wednesday, August 12th. Finally, Northland Securities upgraded Similarweb from a “market perform” rating to an “outperform” rating and upped their price objective for the stock from $5.00 to $10.00 in a research report on Wednesday, August 12th. Four equities research analysts have rated the stock with a Buy rating, five have given a Hold rating and one has issued a Sell rating to the stock. According to data from MarketBeat.com, the stock presently has an average rating of “Hold” and a consensus price target of $10.14.

Get Our Latest Analysis on SMWB

Similarweb Stock Performance

The firm has a market capitalization of $759.05 million, a price-to-earnings ratio of -34.64 and a beta of 1.21. The company has a 50 day moving average price of $7.72 and a two-hundred day moving average price of $4.97.

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

Insider Buying and Selling at Similarweb

In related news, CEO Or Offer sold 574,605 shares of Similarweb stock in a transaction that occurred on Thursday, August 13th. The stock was sold at an average price of $8.80, for a total transaction of $5,056,524.00. Following the transaction, the chief executive officer owned 4,598,291 shares in the company, valued at approximately $40,464,960.80. This trade represents a 11.11% decrease in their ownership of the stock. The sale was disclosed in a filing with the SEC, which can be accessed through this link. In the last 90 days, insiders sold 1,357,924 shares of company stock worth $11,855,357.

Hedge Funds Weigh In On Similarweb

A number of institutional investors have recently bought and sold shares of SMWB. Larson Financial Group LLC acquired a new position in Similarweb in the 3rd quarter valued at about $25,000. Wexford Capital LP acquired a new stake in shares of Similarweb during the 3rd quarter worth approximately $64,000. Brooklyn Investment Group acquired a new stake in shares of Similarweb during the 4th quarter worth approximately $85,000. Boothbay Fund Management LLC purchased a new stake in shares of Similarweb during the 4th quarter valued at approximately $90,000. Finally, Integrated Wealth Concepts LLC purchased a new stake in shares of Similarweb during the 2nd quarter valued at approximately $92,000. 57.59% of the stock is owned by hedge funds and other institutional investors.

Similarweb Company Profile

(Get Free Report)

Similarweb Ltd. is a digital intelligence company that provides data and analytics about online activity. Its platform helps organizations analyze website and mobile application performance, understand audience behavior, evaluate competitors, and identify trends across digital markets.

The company’s products support a range of business functions, including marketing, sales, market research, search engine optimization, investor research and business development. Similarweb combines data from multiple sources to provide insights into web traffic, mobile app usage, customer engagement, acquisition channels and industry positioning.