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Similarweb Announces CFO Departure Amid Strong Financial Performance

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Similarweb Announces CFO Departure Amid Strong Financial Performance

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Similarweb ( (SMWB) ) has provided an update.

On September 2, 2025, Similarweb Ltd. announced the planned departure of its Chief Financial Officer, Jason Schwartz, after a decade of service. The company has begun the search for a new CFO, with Schwartz remaining in his role until a successor is appointed to ensure a smooth transition. This change comes as Similarweb recently reported better-than-expected second quarter financial results, highlighting strong demand for its digital data services and a focus on strategic priorities such as AI innovation and enterprise expansion. The company remains confident in meeting its financial targets and sustaining its growth momentum.

The most recent analyst rating on (SMWB) stock is a Hold with a $9.00 price target. To see the full list of analyst forecasts on Similarweb stock, see the SMWB Stock Forecast page.

Spark’s Take on SMWB Stock

According to Spark, TipRanks’ AI Analyst, SMWB is a Neutral.

Similarweb’s stock score is primarily influenced by its positive earnings call, highlighting revenue growth and strategic advancements in AI. However, financial performance concerns, including profitability challenges and high leverage, weigh heavily on the score. Technical indicators show short-term momentum, but valuation remains unattractive due to negative earnings.

To see Spark’s full report on SMWB stock, click here.

More about Similarweb

Similarweb Ltd. is a leading digital data and market intelligence company that empowers businesses by providing essential web and app data, analytics, and insights. Their services help users discover business opportunities, identify competitive threats, optimize strategies, acquire the right customers, and increase monetization. Similarweb’s products are integrated into users’ workflow and are powered by advanced technology and comprehensive digital data.

Average Trading Volume: 523,386

Technical Sentiment Signal: Strong Buy

Current Market Cap: $860.6M

Find detailed analytics on SMWB stock on TipRanks’ Stock Analysis page.

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