SoundThinking (NASDAQ:SSTI) Given New $8.00 Price Target at Cantor Fitzgerald

Key Points

• Cantor Fitzgerald cut SoundThinking’s price target to $8.00 from $10.00 and maintained a “neutral” rating, implying roughly 3.3% downside from the referenced $8.27 share price. The broader analyst consensus is “Hold” with a $12.40 target.
• SoundThinking reported a quarterly loss of $0.37 per share, missing the $0.25 consensus estimate, while revenue of $23.89 million fell short of expectations of $25.77 million.
• The company lowered its 2026 revenue guidance to $99 million-$100 million from $109 million-$111 million and reduced its adjusted EBITDA margin target to 8%-9% from 16%-18%, adding pressure to the outlook.

SoundThinking (NASDAQ:SSTI - Get Free Report) had its target price reduced by equities researchers at Cantor Fitzgerald from $10.00 to $8.00 in a research report issued to clients and investors on Friday,Benzinga reports. The brokerage currently has a "neutral" rating on the stock. Cantor Fitzgerald's price target points to a potential downside of 3.26% from the company's current price.

Other analysts have also recently issued reports about the stock. Zacks Research upgraded shares of SoundThinking from a "strong sell" rating to a "hold" rating in a research note on Tuesday, July 14th. Weiss Ratings downgraded shares of SoundThinking from a "sell (d-)" rating to a "sell (e+)" rating in a research report on Thursday, July 30th. Lake Street Capital lowered SoundThinking from a "buy" rating to a "hold" rating and set a $8.00 price objective for the company. in a research note on Friday. Finally, Wall Street Zen upgraded SoundThinking from a "strong sell" rating to a "sell" rating in a research note on Sunday, May 31st. Two investment analysts have rated the stock with a Buy rating, four have issued a Hold rating and one has given a Sell rating to the company's stock. According to data from MarketBeat, SoundThinking currently has an average rating of "Hold" and a consensus price target of $12.40.

SoundThinking Stock Up 1.5%

SSTI stock opened at $8.27 on Friday. The firm has a 50 day moving average of $8.24 and a 200 day moving average of $7.39. The stock has a market capitalization of $107.10 million, a PE ratio of -7.13 and a beta of 1.16. SoundThinking has a 52 week low of $5.78 and a 52 week high of $13.34.

SoundThinking (NASDAQ:SSTI - Get Free Report) last posted its quarterly earnings results on Thursday, August 13th. The company reported ($0.37) earnings per share (EPS) for the quarter, missing analysts' consensus estimates of ($0.25) by ($0.12). The company had revenue of $23.89 million during the quarter, compared to analysts' expectations of $25.77 million. SoundThinking had a negative return on equity of 20.76% and a negative net margin of 14.95%. On average, equities research analysts expect that SoundThinking will post -0.69 earnings per share for the current year.

Institutional Inflows and Outflows

A number of large investors have recently modified their holdings of SSTI. Strs Ohio acquired a new stake in shares of SoundThinking during the 1st quarter valued at about $127,000. Rhumbline Advisers raised its holdings in SoundThinking by 6.5% in the 2nd quarter. Rhumbline Advisers now owns 15,960 shares of the company's stock worth $208,000 after purchasing an additional 980 shares during the period. Marshall Wace LLP purchased a new position in SoundThinking during the second quarter worth approximately $245,000. Manatuck Hill Partners LLC purchased a new position in SoundThinking during the second quarter worth approximately $402,000. Finally, Man Group plc grew its holdings in SoundThinking by 13.7% in the second quarter. Man Group plc now owns 38,166 shares of the company's stock valued at $498,000 after purchasing an additional 4,588 shares during the period. Institutional investors and hedge funds own 60.74% of the company's stock.

Key Headlines Impacting SoundThinking

Here are the key news stories impacting SoundThinking this week:

• Positive Sentiment: Management outlined a 2026 revenue target of $99 million to $100 million and an adjusted EBITDA margin target of 8% to 9%. The plan provides investors with a path toward positive adjusted profitability, although both targets were reduced from prior expectations. SoundThinking outlines 2026 revenue plan
• Neutral Sentiment: The company’s second-quarter earnings call provided additional detail on operating performance and management’s outlook, including efforts to grow recurring revenue and improve profitability. SoundThinking Q2 2026 earnings call transcript
• Negative Sentiment: SoundThinking reported a second-quarter loss of $0.37 per share, wider than the consensus loss estimate of $0.25-$0.27 and the $0.24 loss reported a year earlier. Revenue was $23.89 million, below analysts’ $25.77 million estimate, indicating weaker-than-expected execution. SoundThinking Q2 results
• Negative Sentiment: The company cut 2026 revenue guidance to $99 million-$100 million from $109 million-$111 million and reduced adjusted EBITDA margin guidance to 8%-9% from 16%-18%. Its expected increase in annual recurring revenue was also lowered to more than $100 million by the beginning of 2027 from a previous $110 million target. SoundThinking second-quarter financial results
• Negative Sentiment: Lake Street Capital downgraded SSTI from “buy” to “hold” and set an $8.00 price target, implying approximately 3.3% downside from the referenced $8.27 price. The downgrade adds to investor concerns following the earnings miss and guidance reductions. Finviz analyst rating information

About SoundThinking

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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