Similarweb Ltd. (NYSE:SMWB) Short Interest Up 23.1% in January

Similarweb Ltd. (NYSE:SMWB) saw a significant increase in short interest during the month of January. As of January 30th, there was short interest totaling 615,619 shares, an increase of 23.1% from the January 15th total of 499,911 shares. Approximately 0.7% of the shares of the company are sold short. Based on an average trading volume of 367,716 shares, the days-to-cover ratio is presently 1.7 days. Based on an average trading volume of 367,716 shares, the days-to-cover ratio is presently 1.7 days. Approximately 0.7% of the shares of the company are sold short.

Similarweb Trading Down 35.0%

Shares of Similarweb stock opened at $2.54 on Thursday. Similarweb has a twelve month low of $2.22 and a twelve month high of $10.75. The firm has a market capitalization of $215.15 million, a PE ratio of -6.50 and a beta of 1.09. The firm’s 50-day moving average price is $6.06 and its 200 day moving average price is $7.77.

Similarweb (NYSE:SMWB) last posted its quarterly earnings results on Tuesday, February 17th. The company reported $0.03 earnings per share for the quarter, topping the consensus estimate of $0.01 by $0.02. The firm had revenue of $72.76 million for the quarter, compared to the consensus estimate of $76.45 million. Similarweb had a negative net margin of 11.65% and a negative return on equity of 69.76%. On average, sell-side analysts predict that Similarweb will post -0.24 EPS for the current fiscal year.

Analyst Upgrades and Downgrades

A number of equities research analysts have issued reports on the company. Citigroup downgraded Similarweb from a “market outperform” rating to a “market perform” rating in a research note on Wednesday. Needham & Company LLC cut shares of Similarweb from a “buy” rating to a “hold” rating in a research report on Wednesday. Oppenheimer decreased their price target on Similarweb from $10.00 to $7.00 and set an “outperform” rating for the company in a research note on Wednesday, February 4th. William Blair cut shares of Similarweb from an “outperform” rating to a “market perform” rating in a report on Wednesday. Finally, Citizens Jmp lowered shares of Similarweb from an “outperform” rating to a “market perform” rating in a report on Wednesday. Three analysts have rated the stock with a Buy rating, seven have given a Hold rating and one has issued a Sell rating to the stock. According to MarketBeat.com, Similarweb presently has an average rating of “Hold” and an average price target of $9.36.

Institutional Investors Weigh In On Similarweb

Large investors have recently added to or reduced their stakes in the business. ANTIPODES PARTNERS Ltd raised its position in Similarweb by 8.3% in the 2nd quarter. ANTIPODES PARTNERS Ltd now owns 17,510 shares of the company’s stock valued at $137,000 after purchasing an additional 1,344 shares in the last quarter. Larson Financial Group LLC purchased a new stake in shares of Similarweb during the third quarter worth approximately $25,000. New York State Common Retirement Fund lifted its position in Similarweb by 0.4% in the fourth quarter. New York State Common Retirement Fund now owns 852,915 shares of the company’s stock valued at $6,388,000 after purchasing an additional 3,170 shares during the period. PDT Partners LLC increased its holdings in shares of Similarweb by 3.9% in the 2nd quarter. PDT Partners LLC now owns 98,388 shares of the company’s stock valued at $771,000 after purchasing an additional 3,717 shares in the last quarter. Finally, Lazard Asset Management LLC grew its holdings in Similarweb by 31.9% in the third quarter. Lazard Asset Management LLC now owns 19,761 shares of the company’s stock valued at $184,000 after purchasing an additional 4,777 shares during the last quarter. 57.59% of the stock is owned by hedge funds and other institutional investors.

Key Headlines Impacting Similarweb

Here are the key news stories impacting Similarweb this week:

• Positive Sentiment: Q4 EPS beat consensus and profitability metrics improved: the company reported $0.03 EPS (above the $0.01 consensus) and narrower operating losses, which supports an improving profitability story. Q4 Earnings Beat
• Positive Sentiment: Management emphasized AI momentum and product progress on the earnings call, positioning Similarweb to monetize AI-driven analytics — a strategic positive for longer‑term growth. Earnings Call: AI Momentum
• Neutral Sentiment: Full earnings call transcripts and the press release provide detail on results, KPIs and management commentary for investors doing deeper diligence. Earnings Call Transcript Press Release
• Negative Sentiment: Revenue missed estimates (Q4 revenue ~$72.8M vs. consensus ~76–78M) and management issued FY‑2026 revenue guidance of $305M–$315M and Q1 guidance of $72M–$74M, both below consensus — the primary driver of the sell‑off. Earnings & Guidance
• Negative Sentiment: Analyst downgrades followed the results: Northland Securities and Citizens/JMP moved their ratings to “market perform,” adding selling pressure (Northland set a $5 target). Northland Downgrade Citizens Downgrade
• Negative Sentiment: Short interest increased (short interest up ~23% in January) and the stock traded at much higher volume than normal, intensifying downward pressure. Short Interest

About Similarweb

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.

Similarweb’s platform delivers a suite of tools for market research, competitor analysis, and performance optimization.