Northland Securities Estimates SoundThinking Q3 Earnings

Key Points

• Northland Securities lowered its Q3 2026 EPS estimate for SoundThinking to a loss of $0.12 from projected earnings of $0.03, while forecasting a $1.07 per-share loss for full-year 2026.
• SoundThinking reported quarterly EPS of -$0.37, missing expectations by $0.12, while revenue of $23.89 million also fell short of the $25.77 million consensus estimate.
• Shares declined 10% to about $5.58, near their 52-week low, amid cautious analyst sentiment; the stock carries a consensus “Hold” rating and an average price target of $10.83.

SoundThinking, Inc. (NASDAQ:SSTI - Free Report) - Research analysts at Northland Securities lowered their Q3 2026 earnings estimates for SoundThinking in a report released on Friday, August 14th. Northland Securities analyst M. Latimore now forecasts that the company will post earnings per share of ($0.12) for the quarter, down from their previous estimate of $0.03. The consensus estimate for SoundThinking's current full-year earnings is ($0.69) per share. Northland Securities also issued estimates for SoundThinking's Q4 2026 earnings at ($0.04) EPS, FY2026 earnings at ($1.07) EPS, Q1 2027 earnings at ($0.04) EPS, Q2 2027 earnings at ($0.03) EPS, Q3 2027 earnings at $0.05 EPS and FY2027 earnings at $0.04 EPS.

SoundThinking (NASDAQ:SSTI - Get Free Report) last issued its quarterly earnings results on Thursday, August 13th. The company reported ($0.37) EPS for the quarter, missing the consensus estimate of ($0.25) by ($0.12). The company had revenue of $23.89 million for the quarter, compared to analyst estimates of $25.77 million. SoundThinking had a negative return on equity of 23.31% and a negative net margin of 16.92%.

A number of other analysts also recently commented on the company. Zacks Research upgraded SoundThinking from a "strong sell" rating to a "hold" rating in a report on Tuesday, July 14th. Roth Capital set a $13.00 price target on SoundThinking in a research report on Friday. Lake Street Capital lowered SoundThinking from a "buy" rating to a "hold" rating and set a $8.00 price target for the company. in a research note on Friday. Wall Street Zen downgraded SoundThinking from a "sell" rating to a "strong sell" rating in a report on Saturday. Finally, Cantor Fitzgerald reduced their price objective on SoundThinking from $10.00 to $8.00 and set a "neutral" rating on the stock in a research note on Friday. One investment analyst has rated the stock with a Buy rating, five have assigned a Hold rating and one has issued a Sell rating to the stock. According to MarketBeat, the company has an average rating of "Hold" and a consensus target price of $10.83.

SoundThinking Stock Down 10.0%

Shares of SSTI opened at $5.58 on Tuesday. SoundThinking has a fifty-two week low of $5.57 and a fifty-two week high of $13.34. The company's fifty day moving average is $8.17 and its two-hundred day moving average is $7.37. The firm has a market cap of $72.26 million, a PE ratio of -4.33 and a beta of 1.16.

Institutional Investors Weigh In On SoundThinking

Several hedge funds have recently made changes to their positions in SSTI. State of Wyoming acquired a new stake in SoundThinking in the second quarter valued at approximately $33,000. BNP Paribas Financial Markets raised its holdings in shares of SoundThinking by 160.5% during the 3rd quarter. BNP Paribas Financial Markets now owns 2,740 shares of the company's stock valued at $33,000 after purchasing an additional 1,688 shares in the last quarter. Royal Bank of Canada lifted its stake in shares of SoundThinking by 88.6% in the 1st quarter. Royal Bank of Canada now owns 4,173 shares of the company's stock valued at $28,000 after purchasing an additional 1,960 shares during the last quarter. Strs Ohio acquired a new stake in shares of SoundThinking in the 1st quarter valued at $127,000. Finally, Versant Capital Management Inc boosted its holdings in SoundThinking by 31.7% in the second quarter. Versant Capital Management Inc now owns 9,305 shares of the company's stock worth $84,000 after purchasing an additional 2,239 shares in the last quarter. Hedge funds and other institutional investors own 60.74% of the company's stock.

Key Headlines Impacting SoundThinking

Here are the key news stories impacting SoundThinking this week:

• Positive Sentiment: Northland Securities raised its FY2027 EPS forecast to $0.04 from a projected loss of $0.18, suggesting the analyst now expects SoundThinking to reach profitability next year. Estimates for Q1 and Q2 2027 were also improved, while Q3 2027 was projected at $0.05 per share.
• Neutral Sentiment: Citizens JMP reiterated a Market Perform rating, indicating limited conviction that the stock will significantly outperform or underperform in the near term. SoundThinking's Market Perform Rating Reiterated at Citizens JMP
• Negative Sentiment: Northland cut its FY2026 EPS estimate to a $1.07 loss from a $0.63 loss and reduced its Q3 2026 forecast to a $0.12 loss from projected earnings of $0.03 per share. Its Q4 2026 estimate also fell to a $0.04 loss from $0.13 in earnings, pointing to weaker near-term profitability. These revisions outweigh the improved FY2027 outlook. Northland Securities Weighs in on SoundThinking Q4 Earnings
• Negative Sentiment: Lake Street Capital downgraded SoundThinking to Hold, while Cantor Fitzgerald lowered its price target to $8.00, reinforcing cautious sentiment around the company’s near-term prospects. SoundThinking Cut to Hold at Lake Street Capital Cantor Fitzgerald Cuts SoundThinking Price Target to $8.00

SoundThinking Company Profile

SoundThinking, Inc, a public safety technology company that provides transformative solutions and strategic advisory services for law enforcement and civic leadership. Its SafetySmart Platform, an integrated suite of data-driven tools that enable law enforcement and community violence prevention and health organizations to be efficient in public safety outcomes. It offers ShotSpotter, an acoustic gunshot detection system; CrimeTracer, a law enforcement search engine; CaseBuilder, an investigation management system; and ResourceRouter, a software that directs patrol and community anti-violence resources to help maximize their impact.

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