Similarweb (SMWB)

• Market cap: $726M
• 1 day: -1.38%
• 5 days: -6.65%
• 1 month: 9.18%
• 3 months: 13.53%
• 6 months: -49.68%
• Year to date: -38.81%
• 1 year: 35.87%
• 5 years: -60.86%
• 10 years: -60.86%
• Sector: Technology
• Industry: Software - Application

About: Similarweb Ltd provides digital data and analytics that power critical business decisions. The group recognizes revenue from subscriptions to the platform and other subscription products on a straight-line basis over the term of the contract subscription period beginning on the date access to the platform is granted, provided all other revenue recognition criteria have been met. It has geographic presence in Israel, the United States, the United Kingdom, Asia Pacific, Europe, and Other. The group generates the majority of its revenue from the United States.

Employees: 1,085

Fund manager confidence

Based on 2025 Q1 regulatory disclosures by fund managers ($100M+ AUM)

49% more call options, than puts

Call options by funds: $9.35M | Put options by funds: $6.27M

3.55% more ownership

Funds ownership: 50.62% [Q4 2024] → 54.17% (+3.55%) [Q1 2025]

4% less first-time investments, than exits

New positions opened: 25 | Existing positions closed: 26

3% less funds holding

Funds holding: 112 [Q4 2024] → 109 (-3) [Q1 2025]

20% less repeat investments, than reductions

Existing positions increased: 32 | Existing positions reduced: 40

29% less funds holding in top 10

Funds holding in top 10: 7 [Q4 2024] → 5 (-2) [Q1 2025]

37% less capital invested

Capital invested by funds: $586M [Q4 2024] → $371M (-$215M) [Q1 2025]

Research analyst outlook

1 Wall Street Analyst provided 1 year price targets over the past 3 months

• Low target: $10 17% upside
• Avg. target: $10 17% upside
• High target: $10 17% upside

1 analyst rating

• positive: 1 100%
• neutral: 0 0%
• negative: 0 0%

Barclays Raimo Lenschow

17% upside $10

Overweight Maintained

15 May 2025