Added to YB: 2026-05-05
Pitch date: 2026-05-02
SMSI [bullish]
Smith Micro Software, Inc.
+3.49%
current return
Author Info
No bio for this author
Company Info
Smith Micro Software, Inc. develops and sells software solutions to simplify and enhance the mobile experience to wireless and cable service providers in the Americas, Europe, the Middle East, and Africa.
Market Cap
$21.1M
Pitch Price
$0.86
Price Target
3.00 (+237%)
Dividend
N/A
EV/EBITDA
-1.77
P/E
-0.56
EV/Sales
1.26
Sector
Software
Category
turnaround
Smith Micro Software: Turnaround Story With 200%+ Upside
SMSI: Mobile software provider down 50% YoY in 2024 after losing Verizon contract & Sprint/T-Mobile merger impact. New CEO led $4.9M convert financing amid going concern warning. Q1 showed first sequential rev growth, 78.4% gross margin (new multi-year high), lowest opex ever. Mgmt guides Q2 rev +20% seq, 81-83% margin, return to non-GAAP profit on new SafePath 8 wins. Projects 2H FCF positive. Trades 3.9x est 2027 EV/EBITDA vs double-digit sector avg. $3 PT at 5x 2027 EV/Sales = 250% upside. High risk given size, track record, Nasdaq delisting threat.
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