Smith Micro Software - SMSI Stock Forecast, Price & News

2 Wall Street research analysts have issued "buy," "hold," and "sell" ratings for Smith Micro Software in the last year. There are currently 2 buy ratings for the stock. The consensus among Wall Street research analysts is that investors should "buy" SMSI shares.
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2 brokers have issued 12-month price targets for Smith Micro Software's shares. Their SMSI share price forecasts range from $6.00 to $8.30. On average, they expect the company's share price to reach $6.85 in the next twelve months. This suggests a possible upside of 192.7% from the stock's current price.
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Smith Micro Software's stock was trading at $4.92 at the beginning of 2022. Since then, SMSI shares have decreased by 52.4% and is now trading at $2.34.
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The company is scheduled to release its next quarterly earnings announcement on Wednesday, November 9th 2022.
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Smith Micro Software, Inc. (NASDAQ:SMSI) announced its quarterly earnings data on Wednesday, August, 4th. The software maker reported ($0.01) earnings per share (EPS) for the quarter, topping the consensus estimate of ($0.04) by $0.03. The software maker had revenue of $15.92 million for the quarter, compared to analysts' expectations of $15.46 million. Smith Micro Software had a negative net margin of 67.41% and a negative trailing twelve-month return on equity of 16.82%.

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.

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).

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

Smith Micro Software's stock is owned by many different institutional and retail investors. Top institutional shareholders include Pacific Ridge Capital Partners LLC (3.61%), Renaissance Technologies LLC (1.31%), Millennium Management LLC (0.78%), CM Management LLC (0.32%), State Street Corp (0.30%) and Citadel Advisors LLC (0.00%). Insiders that own company stock include Samuel Gulko, Thomas G Campbell, Timothy C Huffmyer, William W Smith Jr and William W Smith, Jr.
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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.
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One share of SMSI stock can currently be purchased for approximately $2.34.

Smith Micro Software (NASDAQ:SMSI) has a market capitalization of $129.08 million and generates $58.42 million in revenue each year. The software maker earns $-31,040,000.00 in net income (profit) each year or ($0.69) on an earnings per share basis.

The company employs 373 workers across the globe.

Smith Micro Software was founded in 1982.

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.