NASDAQ:SMSI

Smith Micro Software (SMSI) Stock Forecast, Price & News

$1.22

+0.03 (+2.53%)

(As of 06/2/2023 ET)

Compare

Today's Range: $1.16
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$1.23
50-Day Range: $1.00
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$1.34
52-Week Range: $0.95
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$3.47

Volume: 260,958 shs
Average Volume: 364,542 shs
Market Capitalization: $75.57 million

P/E Ratio: N/A
Dividend Yield: N/A
Price Target: $3.65

Smith Micro Software MarketRank™ Forecast

Analyst Rating: Moderate Buy
2.75 Rating Score
Upside/Downside: 200.4% Upside
$3.65 Price Target
Short Interest: Healthy
3.44% of Shares Sold Short
Dividend Strength: N/A
Sustainability: -0.61
Upright™ Environmental Score
News Sentiment: N/A
Insider Trading: N/A
Proj. Earnings Growth: Growing
From ($0.12) to $0.01 Per Share

Overall MarketRank^™

MarketRank is calculated as an average of available category scores, with extra weight given to analysis and valuation.

1.88 out of 5 stars

Computer And Technology Sector

436th out of 604 stocks

Prepackaged Software Industry

147th out of 217 stocks

3.4

Analyst's Opinion

Consensus Rating
Smith Micro Software has received a consensus rating of Buy. The company's average rating score is 2.75, and is based on 3 buy ratings, 1 hold rating, and no sell ratings.
Price Target Upside/Downside
According to analysts' consensus price target of $3.65, Smith Micro Software has a forecasted upside of 200.4% from its current price of $1.22.
Amount of Analyst Coverage
Smith Micro Software has only been the subject of 1 research reports in the past 90 days.

3.0

Short Interest

Percentage of Shares Shorted
3.44% of the outstanding shares of Smith Micro Software have been sold short.
Short Interest Ratio / Days to Cover
Smith Micro Software has a short interest ratio ("days to cover") of 4.7.
Change versus previous month
Short interest in Smith Micro Software has recently decreased by 0.93%, indicating that investor sentiment is improving.

0.0

Dividend Strength

Dividend Yield
Smith Micro Software does not currently pay a dividend.
Dividend Growth
Smith Micro Software does not have a long track record of dividend growth.

3.5

Sustainability and ESG

Overall ESG (Environmental, Social, and Governance) Score
Smith Micro Software has received a 42.91% net impact score from Upright. Smith Micro Software seems to create the most significant positive value in categories "Taxes", "Jobs", and "Knowledge infrastructure". The positive contribution in the "Knowledge infrastructure" impact category is mostly driven by its "Device control software", "Content management software", and "Location sharing software" products. See details.
Environmental Sustainability
The Environmental Impact score for Smith Micro Software is -0.61.

0.0

News and Social Media Coverage

Search Interest
Only 7 people have searched for SMSI on MarketBeat in the last 30 days. This is a decrease of -13% compared to the previous 30 days.
MarketBeat Follows
Only 1 people have added Smith Micro Software to their MarketBeat watchlist in the last 30 days. This is a decrease of 0% compared to the previous 30 days.

0.8

Company Ownership

Insider Buying vs. Insider Selling
In the past three months, Smith Micro Software insiders have not sold or bought any company stock.
Percentage Held by Insiders
12.13% of the stock of Smith Micro Software is held by insiders. A high percentage of insider ownership can be a sign of company health.
Percentage Held by Institutions
Only 16.01% of the stock of Smith Micro Software is held by institutions.

0.6

Earnings and Valuation

Earnings Growth
Earnings for Smith Micro Software are expected to grow in the coming year, from ($0.12) to $0.01 per share.
Price to Earnings Ratio vs. the Market
The P/E ratio of Smith Micro Software is -2.29, which means that its earnings are negative and its P/E ratio cannot be compared to companies with positive earnings.
Price to Earnings Ratio vs. Sector
The P/E ratio of Smith Micro Software is -2.29, which means that its earnings are negative and its P/E ratio cannot be compared to companies with positive earnings.
Price to Book Value per Share Ratio
Smith Micro Software has a P/B Ratio of 1.02. P/B Ratios below 3 indicates that a company is reasonably valued with respect to its assets and liabilities.

See Top Rated MarketRank™ Stocks Here

About Smith Micro Software (NASDAQ:SMSI) Stock

Smith Micro Software, Inc. engages in the provision of software solutions. It offers wireless internet solutions which enable access to information and entertainment. Its products include SafePath Family, SafePath IoT, SafePath Home, CommSuite VVM, CommSuite VTT, and ViewSpot. The company was founded by William W. Smith Jr. on November 30, 1982 and is headquartered in Pittsburgh, PA.

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SMSI Stock News Headlines

May 19, 2023 | americanbankingnews.com

Smith Micro Software (NASDAQ:SMSI) Downgraded by StockNews.com to Sell

May 11, 2023 | msn.com

Smith Micro Software: Q1 Earnings Insights

June 2, 2023 | Behind the Markets (Ad)

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May 11, 2023 | finance.yahoo.com

Smith Micro Reports First Quarter 2023 Financial Results

May 10, 2023 | americanbankingnews.com

Smith Micro Software (SMSI) Set to Announce Earnings on Thursday

May 4, 2023 | finance.yahoo.com

Smith Micro Schedules Teleconference to Announce First Quarter 2023 Financial Results

May 2, 2023 | americanbankingnews.com

Comparing Enfusion (NYSE:ENFN) and Smith Micro Software (NASDAQ:SMSI)

April 28, 2023 | finance.yahoo.com

Smith Micro to Speak at Mobile Carriers Show Presented by Competitive Carriers Association (CCA)

June 2, 2023 | Behind the Markets (Ad)

"Unknown laser company making HUGE profit from Russia-Ukraine War"

March 29, 2023 | finance.yahoo.com

Smith Micro Executes Previously Announced Cost Reduction Plans

March 20, 2023 | marketwatch.com

Smith Micro Software Trims Executive Pay to Drive Costs Down

March 13, 2023 | finance.yahoo.com

Smith Micro Software, Inc. (NASDAQ:SMSI) Q4 2022 Earnings Call Transcript

March 11, 2023 | seekingalpha.com

Smith Micro Software, Inc. (SMSI) Q4 2022 Earnings Call Transcript

March 10, 2023 | finance.yahoo.com

Q4 2022 Smith Micro Software Inc Earnings Call

March 9, 2023 | finance.yahoo.com

Smith Micro Software, Inc. (SMSI) Reports Q4 Loss, Tops Revenue Estimates

March 9, 2023 | finance.yahoo.com

Smith Micro Reports Fourth Quarter and Fiscal Year 2022 Financial Results

March 6, 2023 | finance.yahoo.com

Smith Micro Software, Inc. (SMSI) Loses -56.36% in 4 Weeks, Here's Why a Trend Reversal May be Around the Corner

March 2, 2023 | finance.yahoo.com

Smith Micro Schedules Teleconference to Announce Fourth Quarter and Fiscal Year 2022 Financial Results

March 1, 2023 | finance.yahoo.com

Smith Micro Expands Data and Analytics Capabilities of ViewSpot® Retail Display Management Platform

March 1, 2023 | benzinga.com

Smith Micro Today Announces Notice of Termination from Tier 1 Carrier for the Company's Family Safety Solution

March 1, 2023 | seekingalpha.com

Smith Micro: Stock Craters After Tier 1 Carrier Contract Termination - Sell

February 27, 2023 | marketwatch.com

Smith Micro Software Shares Drop 41% After Contract Loss

February 27, 2023 | msn.com

Why Smith Micro Software Shares Are Trading Lower By Over 46%? Here Are Other Stocks Moving In Monday's Mid-Day Session

February 27, 2023 | finance.yahoo.com

Why Smith Micro Software Shares Are Plunging Today

February 23, 2023 | finanznachrichten.de

Smith Micro Software, Inc.: Smith Micro to Attend MWC Barcelona Exploring and Accelerating New Growth Initiatives

February 1, 2023 | finance.yahoo.com

Investors in Smith Micro Software (NASDAQ:SMSI) have made a respectable return of 57% over the past five years

January 22, 2023 | reuters.com

SMSI.OQ - | Stock Price & Latest News | Reuters

See More Headlines

SMSI Price History

30 days | 90 days | 365 days | Advanced Chart

SMSI Company Calendar

Last Earnings: 3/09/2023
Today: 6/02/2023
Next Earnings (Estimated): 8/10/2023
Fiscal Year End: 12/31/2023

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Industry, Sector and Symbol

Stock Exchange: NASDAQ
Industry: Prepackaged software
Sub-Industry: N/A
Sector: Computer and Technology
Current Symbol: NASDAQ:SMSI
CUSIP: N/A
CIK: 948708
Web: www.smithmicro.com
Phone: (412) 837-5300
Fax: 949-362-2300
Employees: 373
Year Founded: 1982

Price Target and Rating

Average Stock Price Forecast: $3.65
High Stock Price Forecast: $5.50
Low Stock Price Forecast: $2.00
Forecasted Upside/Downside: +212.0%
Consensus Rating: Moderate Buy
Rating Score (0-4): 2.75
Research Coverage: 4 Analysts

Profitability

EPS (Most Recent Fiscal Year): ($0.53)
Trailing P/E Ratio: N/A
Forward P/E Ratio: N/A
P/E Growth: N/A
Net Income: $-29,280,000.00
Net Margins: -65.72%
Pretax Margin: -61.98%
Return on Equity: -27.94%
Return on Assets: -21.73%

Debt

Debt-to-Equity Ratio: N/A
Current Ratio: 1.15
Quick Ratio: 1.15

Sales & Book Value

Annual Sales: $48.51 million
Price / Sales: 1.50
Cash Flow: N/A
Price / Cash Flow: N/A
Book Value: $1.19 per share
Price / Book: 0.98

Miscellaneous

Outstanding Shares: 62,200,000
Free Float: 54,652,000
Market Cap: $72.77 million
Optionable: Optionable
Beta: 1.03

Social Links

Key Executives

William W. Smith
Chairman, President & Chief Executive Officer

James M. Kempton
Chief Financial Officer, Treasurer & VP

David P. Sperling
Chief Technology Officer & Vice President

Kenneth J. Shebek
Chief Information Officer & Vice President

David L. Blakeney
Senior Vice President-Engineering

Key Competitors

View All Competitors

Insiders & Institutions

View All Insider Transactions
View All Institutional Transactions

SMSI Stock - Frequently Asked Questions

Should I buy or sell Smith Micro Software stock right now?: 4 Wall Street research analysts have issued "buy," "hold," and "sell" ratings for Smith Micro Software in the last twelve months. There are currently 1 hold rating and 3 buy ratings for the stock. The consensus among Wall Street research analysts is that investors should "buy" SMSI shares.
View SMSI analyst ratings or view top-rated stocks.
What is Smith Micro Software's stock price forecast for 2023?: 4 brokers have issued 1-year target prices for Smith Micro Software's stock. Their SMSI share price forecasts range from $2.00 to $5.50. On average, they predict the company's share price to reach $3.65 in the next year. This suggests a possible upside of 212.0% from the stock's current price.
View analysts price targets for SMSI or view top-rated stocks among Wall Street analysts.
How have SMSI shares performed in 2023?: Smith Micro Software's stock was trading at $2.10 at the beginning of the year. Since then, SMSI shares have decreased by 44.3% and is now trading at $1.17.
View the best growth stocks for 2023 here.
When is Smith Micro Software's next earnings date?: The company is scheduled to release its next quarterly earnings announcement on Thursday, August 10th 2023.
View our SMSI earnings forecast.
How were Smith Micro Software's earnings last quarter?: Smith Micro Software, Inc. (NASDAQ:SMSI) posted its earnings results on Thursday, March, 9th. The software maker reported ($0.10) earnings per share for the quarter, meeting the consensus estimate of ($0.10). The software maker earned $11.41 million during the quarter, compared to the consensus estimate of $11.23 million. Smith Micro Software had a negative trailing twelve-month return on equity of 27.94% and a negative net margin of 65.72%.
What is William W. Smith Jr.'s approval rating as Smith Micro Software's CEO?: 51 employees have rated Smith Micro Software Chief Executive Officer William W. Smith Jr. on Glassdoor.com. William W. Smith Jr. has an approval rating of 46% among the company's employees. This puts William W. Smith Jr. in the bottom 25% of approval ratings compared to other CEOs of publicly-traded companies.
What other stocks do shareholders of Smith Micro Software own?: Based on aggregate information from My MarketBeat watchlists, some companies that other Smith Micro Software investors own include Nokia Oyj (NOK), Zoom Video Communications (ZM), Enphase Energy (ENPH), Inovio Pharmaceuticals (INO), NVIDIA (NVDA), Viking Therapeutics (VKTX), Advanced Micro Devices (AMD), Walt Disney (DIS), FuelCell Energy (FCEL) and Zynga (ZNGA).

What is Smith Micro Software's stock symbol?: Smith Micro Software trades on the NASDAQ under the ticker symbol "SMSI."
Who are Smith Micro Software's major shareholders?: Smith Micro Software's stock is owned by a number of retail and institutional investors. Top institutional shareholders include BlackRock Inc. (0.87%), Renaissance Technologies LLC (0.83%), Dimensional Fund Advisors LP (0.47%), Raymond James Financial Services Advisors Inc. (0.48%), State Street Corp (0.34%) and CM Management LLC (0.26%). Insiders that own company stock include Andrew Arno, Chetan Sharma, Gregory J Szabo, James M Kempton, Samuel Gulko, Thomas G Campbell, Timothy C Huffmyer, William W Smith Jr and William W Smith, Jr.
View institutional ownership trends.
How do I buy shares of Smith Micro Software?: Shares of SMSI stock can be purchased through any online brokerage account. Popular online brokerages with access to the U.S. stock market include WeBull, Vanguard Brokerage Services, TD Ameritrade, E*TRADE, Robinhood, Fidelity, and Charles Schwab.
Compare Top Brokerages Here.
What is Smith Micro Software's stock price today?: One share of SMSI stock can currently be purchased for approximately $1.17.
How much money does Smith Micro Software make?: Smith Micro Software (NASDAQ:SMSI) has a market capitalization of $72.77 million and generates $48.51 million in revenue each year. The software maker earns $-29,280,000.00 in net income (profit) each year or ($0.53) on an earnings per share basis.
How many employees does Smith Micro Software have?: The company employs 373 workers across the globe.
Does Smith Micro Software have any subsidiaries?: The following companies are subsidiares of Smith Micro Software: Allume Systems, Avot Media, Birdstep Technology ASA, Core Mobility, Core Mobility Inc. a Delaware corporation, Ecutel Systems, Insignia Solutions Inc, MxPlay, PCTEL Inc Mobility Solutions Group, PhoTags Inc, QuickStart Intelligence-eBusiness Consulting Marketplace, Smith Micro Software CZ s.r.o. a Czech Republic limited liability company, Smith Micro Software LLC a Delaware limited liability company, Smith Micro Software SK s.r.o. a Slovakia limited liability company, Smith Micro Software Unipessoal Lda a Portuguese corporation, Smith Micro Software d.o.o. Belgrade a Serbia limited liability company, e frontier America, and iMobileMagic.
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How can I contact Smith Micro Software?: Smith Micro Software's mailing address is 5800 CORPORATE DRIVE, PITTSBURGH PA, 15237. The official website for the company is www.smithmicro.com. The software maker can be reached via phone at (412) 837-5300, via email at smsi@mkr-group.com, or via fax at 949-362-2300.

This page (NASDAQ:SMSI) was last updated on 6/2/2023 by MarketBeat.com Staff

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