Oppenheimer analyst Ken Wong raised the firm’s price target on Similarweb (SMWB) to $14 from $13 and keeps an Outperform rating on the shares. Similarweb posted Q2 results above expectations and its guidance is likely conservative amid stronger demand for genAI and LLM training data, AI agents, and an improved App Intelligence product, the analyst tells investors in a research note.
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Read More on SMWB:
- Similarweb Ltd. Reports Strong Q2 2025 Results
- Similarweb’s Strong Q2 Performance and Strategic Positioning Justify Buy Rating
- Similarweb price target raised to $12 from $10 at Barclays
- Optimistic Growth and Strategic Investments Propel Similarweb to a Buy Rating
- Similarweb Reports Strong Q2 2025 Financial Results with 17% Revenue Growth