Similarweb NYSE: SMWB reported second-quarter fiscal 2026 revenue growth of 9% year over year and raised its full-year outlook, as the company cited larger enterprise contracts, improving retention and rising demand for its digital data from artificial intelligence companies.
Similarweb Ltd. (SMWB) Q2 2026 Earnings Call Transcript
Similarweb (SMWB) came out with quarterly earnings of $0.06 per share, beating the Zacks Consensus Estimate of $0.03 per share. This compares to earnings of $0.01 per share a year ago.
Similarweb (SMWB) was a big mover last session on higher-than-average trading volume. The latest trend in earnings estimate revisions might not help the stock continue moving higher in the near term.
Similarweb is poised for further upside as market leadership shifts to overlooked small- and mid-cap names. Recent seven-figure, multi-year deals totaling $47 million TCV signal a step-change in SMWB's growth trajectory. The company's data is increasingly valuable for LLM training, supporting sustainable demand and competitive differentiation.
Similarweb (SMWB) saw its shares surge in the last session with trading volume being higher than average. The latest trend in earnings estimate revisions may not translate into further price increase in the near term.
Similarweb NYSE: SMWB reported first-quarter fiscal 2026 revenue at the top end of its guidance range and said it is seeing stronger sales productivity, stabilizing retention metrics and expanding demand tied to artificial intelligence.
Similarweb Ltd. (SMWB) Q1 2026 Earnings Call Transcript
Similarweb (SMWB) came out with quarterly earnings of $0.01 per share, in line with the Zacks Consensus Estimate . This compares to a loss of $0.05 per share a year ago.
Similarweb (SMWB) has been upgraded to a Zacks Rank #2 (Buy), reflecting growing optimism about the company's earnings prospects. This might drive the stock higher in the near term.
Similarweb (SMWB) is initiated with a buy rating after a ~70% YTD share price decline, citing deep undervaluation and strategic AI adaptation. SMWB faces macro headwinds and AI disruption, but is pivoting with new AI-focused products and retrained sales targeting AI-native enterprises. Large customers (> $100k ARR) show 103% net retention, 60% of ARR is multi-year, and RPO/backlog grew 17% y/y, signaling resilience.
Similarweb (SMWB) faces elongated sales cycles and increased R&D intensity as it pivots toward AI-driven offerings amid shifting digital marketing and search landscapes. AI-related revenues now comprise 11% of sales, but overall revenue missed expectations due to delayed LLM deals and in our opinion self-cannibalization from transitioning customers more to GEO from SEO. Multi-year contracts rose to 60% of ARR, with large customer net retention above 100%, but company-wide NRR slipped to 98%, reflecting top-of-funnel challenges.