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Added to YB: 2024-11-05

Pitch date: 2024-11-03

SMWB [bullish]

Similarweb Ltd.

-13.92%

current return

Author Info

No bio for this author

Company Info

Similarweb Ltd. provides digital data and analytics for power critical business decisions in the United States, Europe, the Asia Pacific, the United Kingdom, Israel, and internationally.

Market Cap

$645.4M

Pitch Price

$8.69

Price Target

11.00 (+47%)

Dividend

N/A

EV/EBITDA

-131.51

P/E

-19.98

EV/Sales

2.26

Sector

Software

Category

growth

Show full summary:
Needham Initiates Buy Rating on Similarweb with $11 Price Target

SMWB: Needham Buy, $11 PT. Web analytics leader w/ unique data assets. Rev growth accelerating on demand surge & less down sell. Profitability improving. Digital shift expands TAM. 3.5x FY25 EV/Rev multiple; upside if growth/profits exceed expectations.

Read full article (1 min)