From Financial Modeling Prep: 2025-02-11 07:00:01

Analysts have increased the consensus price target for Similarweb Ltd. (NYSE:SMWB) from $15.8 to $23, showing optimism in the company’s future growth potential. In the third quarter, Similarweb reported a revenue of $64.7 million, marking an 18% increase year-over-year, with consistent growth over four quarters. Despite competition, Similarweb’s focus on high-ticket, high-retention customers and a 101% net retention rate positions it well for continued success.



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