tiprankstipranks
Advertisement
Advertisement

Similarweb Lifts 2026 Outlook After Strong Q1 and AI-Focused Expansion

Story Highlights
  • Similarweb posted strong Q1 2026 growth, beat guidance, improved profitability and cash generation, and raised the lower end of its full-year revenue and non-GAAP operating profit outlook.
  • The company deepened its AI and ecommerce positioning through a major LLM data deal, new Retail Intelligence suite, and an expanded Manus partnership, while growing large customers and multi-year subscription ARR.
  • Looking for the best stocks to buy? Follow the recommendations of top-performing analysts.
Similarweb Lifts 2026 Outlook After Strong Q1 and AI-Focused Expansion

Meet Samuel – Your Personal Investing Prophet

Similarweb ( (SMWB) ) has provided an announcement.

On May 13, 2026, Similarweb reported first-quarter 2026 revenue of $73.9 million, up 10% year over year, and delivered non-GAAP operating profit of $2.4 million, both at the top end of its guidance range. The company narrowed its GAAP operating loss, achieved its tenth consecutive quarter of positive normalized free cash flow, and raised the lower end of its full-year 2026 guidance for revenue and non-GAAP operating profit, underscoring growing confidence in its profitable growth trajectory.

Operationally, Similarweb expanded its base of large customers to 461 accounts with annual recurring revenue above $100,000, lifted multi-year subscriptions to 64% of ARR, and grew remaining performance obligations 18% to $297.7 million as of March 31, 2026. The firm also deepened its AI positioning with a seven‑digit LLM data training deal for a big tech customer, an expanded AI-agent partnership with Manus, and the launch of Similarweb Retail Intelligence, moves that strengthen its role as an AI-native intelligence layer for ecommerce and competitive digital analytics despite slightly softer net retention metrics.

The most recent analyst rating on (SMWB) stock is a Buy with a $5.00 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.

The score is driven primarily by mixed financial performance: strong gross margins and positive free cash flow, but continued net losses and a still-risky balance-sheet profile per the provided statements. Technicals meaningfully weigh on the rating due to a strong downtrend (price far below major moving averages) despite oversold readings. Earnings call guidance and profitability progress provide support, but deal timing uncertainty and sub-100% NRR remain key risks.

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

More about Similarweb

Similarweb Ltd., listed on the NYSE, is a digital data and analytics company that provides web and app traffic, engagement and ecommerce intelligence to help businesses identify opportunities, monitor competitive threats and optimize customer acquisition and monetization strategies. Its products, increasingly embedded in AI-driven workflows, target enterprises seeking detailed online market and shopper-behavior insights across global digital channels.

Average Trading Volume: 957,542

Technical Sentiment Signal: Sell

Current Market Cap: $271.3M

For a thorough assessment of SMWB stock, go to TipRanks’ Stock Analysis page.

Disclaimer & DisclosureReport an Issue

Looking for investment ideas? Subscribe to our Smart Investor newsletter for weekly expert stock picks!
Get real-time notifications on news & analysis, curated for your stock watchlist. Download the TipRanks app today! Get the App
1