Smith Micro Software Stock Forecast, Price & News

3 Wall Street equities research analysts have issued "buy," "hold," and "sell" ratings for Smith Micro Software in the last year. There are currently 3 buy ratings for the stock. The consensus among Wall Street equities research analysts is that investors should "buy" Smith Micro Software stock.
View analyst ratings for Smith Micro Software or view top-rated stocks.

Wall Street analysts have given Smith Micro Software a "Buy" rating, but there may be better buying opportunities in the stock market. Some of MarketBeat's past winning trading ideas have resulted in 5-15% weekly gains. MarketBeat just released five new stock ideas, but Smith Micro Software wasn't one of them. MarketBeat thinks these five companies may be even better buys.
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Smith Micro Software saw a increase in short interest during the month of May. As of May 14th, there was short interest totaling 1,700,000 shares, an increase of 22.3% from the April 29th total of 1,390,000 shares. Based on an average trading volume of 654,800 shares, the short-interest ratio is presently 2.6 days.
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Smith Micro Software is scheduled to release its next quarterly earnings announcement on Wednesday, August 4th 2021.
View our earnings forecast for Smith Micro Software.

Smith Micro Software, Inc. (NASDAQ:SMSI) announced its quarterly earnings data on Wednesday, May, 5th. The software maker reported $0.02 earnings per share (EPS) for the quarter, topping analysts' consensus estimates of ($0.01) by $0.03. The software maker had revenue of $11.38 million for the quarter, compared to analysts' expectations of $10.94 million. Smith Micro Software had a positive trailing twelve-month return on equity of 4.84% and a negative net margin of 2.24%.
View Smith Micro Software's earnings history.

Smith Micro Software's stock was trading at $4.89 on March 11th, 2020 when COVID-19 reached pandemic status according to the World Health Organization (WHO). Since then, SMSI stock has increased by 5.3% and is now trading at $5.15.
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3 Wall Street analysts have issued 1 year target prices for Smith Micro Software's stock. Their forecasts range from $9.00 to $9.50. On average, they anticipate Smith Micro Software's stock price to reach $9.17 in the next year. This suggests a possible upside of 78.0% from the stock's current price.
View analysts' price targets for Smith Micro Software or view top-rated stocks among Wall Street analysts.

51 employees have rated Smith Micro Software CEO William W. Smith Jr. on Glassdoor.com. William W. Smith Jr. has an approval rating of 46% among Smith Micro Software's employees. This puts William W. Smith Jr. in the bottom 25% of approval ratings compared to other CEOs of publicly-traded companies.

Some companies that are related to Smith Micro Software include iClick Interactive Asia Group (ICLK), QAD (QADB), Golden Nugget Online Gaming (GNOG), Grid Dynamics (GDYN), Cango (CANG), Karooooo (KARO), American Software (AMSWA), Churchill Capital Corp II (CCX), Magic Software Enterprises (MGIC), ChannelAdvisor (ECOM), Dragoneer Growth Opportunities (DGNR), PDF Solutions (PDFS), Silver Spike Acquisition (SSPK), TPG Pace Tech Opportunities (PACE) and Rand Worldwide (RWWI).
View all of SMSI's competitors.

Based on aggregate information from My MarketBeat watchlists, some companies that other Smith Micro Software investors own include Nokia (NOK), Zoom Video Communications (ZM), Enphase Energy (ENPH), Inovio Pharmaceuticals (INO), NVIDIA (NVDA), Viking Therapeutics (VKTX), Advanced Micro Devices (AMD), The Walt Disney (DIS), FuelCell Energy (FCEL) and Zynga (ZNGA).

Smith Micro Software trades on the NASDAQ under the ticker symbol "SMSI."

Smith Micro Software's stock is owned by many different retail and institutional investors. Top institutional investors include BlackRock Inc. (4.31%), Pacific Ridge Capital Partners LLC (2.47%), Morgan Stanley (1.83%), Polar Asset Management Partners Inc. (1.64%), Neuberger Berman Group LLC (1.22%) and Geode Capital Management LLC (1.17%). Company insiders that own Smith Micro Software stock include Samuel Gulko, Thomas G Campbell and Timothy C Huffmyer.
View institutional ownership trends for Smith Micro Software.

SMSI stock was sold by a variety of institutional investors in the last quarter, including Nuveen Asset Management LLC, AQR Capital Management LLC, Bank of Montreal Can, CM Management LLC, Bluefin Capital Management LLC, Northern Trust Corp, New York State Common Retirement Fund, and Bank of New York Mellon Corp. Company insiders that have sold Smith Micro Software company stock in the last year include Samuel Gulko, Thomas G Campbell, and Timothy C Huffmyer.
View insider buying and selling activity for Smith Micro Software or view top insider-selling stocks.

SMSI stock was purchased by a variety of institutional investors in the last quarter, including Morgan Stanley, Polar Asset Management Partners Inc., Neuberger Berman Group LLC, Pacific Ridge Capital Partners LLC, Nokomis Capital L.L.C., Kepos Capital LP, Millennium Management LLC, and Tudor Investment Corp Et Al.
View insider buying and selling activity for Smith Micro Software or or view top insider-buying stocks.

Shares of SMSI 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.
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One share of SMSI stock can currently be purchased for approximately $5.15.

Smith Micro Software has a market capitalization of $273.98 million and generates $51.30 million in revenue each year. The software maker earns $4.16 million in net income (profit) each year or $0.17 on an earnings per share basis.

Smith Micro Software employs 255 workers across the globe.

Smith Micro Software was founded in 1982.

The official website for Smith Micro Software is www.smithmicro.com.

Smith Micro Software is headquartered at 5800 CORPORATE DRIVE, PITTSBURGH PA, 15237.

Smith Micro Software's mailing address is 5800 CORPORATE DRIVE, PITTSBURGH PA, 15237. The software maker can be reached via phone at 412-837-5300 or via email at [email protected]