SolarWinds (SWI) Stock Forecast, Price & News

3 Wall Street research analysts have issued "buy," "hold," and "sell" ratings for SolarWinds in the last twelve months. There are currently 1 sell rating and 2 hold ratings for the stock. The consensus among Wall Street research analysts is that investors should "reduce" SWI shares.
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3 analysts have issued 1 year price objectives for SolarWinds' shares. Their SWI share price forecasts range from $10.50 to $13.00. On average, they predict the company's stock price to reach $11.63 in the next twelve months. This suggests a possible upside of 22.4% from the stock's current price.
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SolarWinds' stock was trading at $9.36 at the start of the year. Since then, SWI shares have increased by 1.5% and is now trading at $9.50.
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SolarWinds saw a increase in short interest in the month of September. As of September 15th, there was short interest totaling 1,090,000 shares, an increase of 26.7% from the August 31st total of 860,200 shares. Based on an average daily volume of 343,000 shares, the days-to-cover ratio is currently 3.2 days. Currently, 2.7% of the shares of the company are short sold.
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The company is scheduled to release its next quarterly earnings announcement on Thursday, November 2nd 2023.
View our SWI earnings forecast.

SolarWinds Co. (NYSE:SWI) released its quarterly earnings data on Thursday, August, 3rd. The software maker reported $0.12 earnings per share for the quarter, beating analysts' consensus estimates of $0.09 by $0.03. The software maker earned $185.03 million during the quarter, compared to analysts' expectations of $179.51 million. SolarWinds had a negative net margin of 41.76% and a positive trailing twelve-month return on equity of 4.59%.

ETFs with the largest weight of SolarWinds (NYSE:SWI) stock in their portfolio include Invesco Next Gen Connectivity ETF (PXQ), Fidelity Cloud Computing ETF (FCLD), IQ Chaikin U.S. Small Cap ETF (CSML) and ETFMG Prime Cyber Security ETF (HACK).Direxion Daily S&P Expanded Tech Software Sector Bull 2X Shares (SWAR).

Shares of SolarWinds reverse split before market open on Monday, August 2nd 2021. The 1-2 reverse split was announced on Monday, July 26th 2021. The number of shares owned by shareholders was adjusted after the closing bell on Friday, July 30th 2021. An investor that had 100 shares of stock prior to the reverse split would have 50 shares after the split.

SolarWinds issued an update on its third quarter 2023 earnings guidance on Thursday, August, 3rd. The company provided earnings per share guidance of $0.17-$0.19 for the period, compared to the consensus EPS estimate of $0.18. The company issued revenue guidance of $182.00 million-$186.00 million, compared to the consensus revenue estimate of $182.21 million.

Based on aggregate information from My MarketBeat watchlists, some companies that other SolarWinds investors own include International Business Machines (IBM), Gilead Sciences (GILD), Starbucks (SBUX), Adobe (ADBE), Alibaba Group (BABA), Salesforce (CRM), Fortinet (FTNT), Netflix (NFLX), Pfizer (PFE) and QUALCOMM (QCOM).

(SWI) raised $756 million in an IPO on Friday, October 19th 2018. The company issued 42,000,000 shares at $17.00-$19.00 per share. Goldman Sachs, J.P. Morgan, Morgan Stanley and Credit Suisse acted as the underwriters for the IPO and Barclays, Citigroup, Evercore ISI, Jefferies, Macquarie Capital, BofA Merrill Lynch, Nomura, RBC Capital Markets, JMP Securities, KeyBanc Capital Markets, Mischler Financial Group, Robert W. Baird, Samuel A. Ramirez and SunTrust Robinson Humphrey were co-managers.

SolarWinds trades on the New York Stock Exchange (NYSE) under the ticker symbol "SWI."

SolarWinds' stock is owned by many different institutional and retail investors. Top institutional shareholders include BlackRock Inc. (2.64%), Dimensional Fund Advisors LP (2.36%), Harber Asset Management LLC (1.06%), Lazard Asset Management LLC (0.81%), State Street Corp (0.70%) and Geode Capital Management LLC (0.61%). Insiders that own company stock include Aurora Co-Invest LP Slp, David Gardiner, Easwaran Sundaram, James Barton Kalsu, Jason Bliss, Kevin B Thompson, Nb Strategic Co-Investment Par, Thoma Bravo Ugp, Llc and Usa Investors Venture I Hermes.
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Shares of SWI 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 SWI stock can currently be purchased for approximately $9.50.

SolarWinds (NYSE:SWI) has a market capitalization of $1.56 billion and generates $719.37 million in revenue each year. The software maker earns $-929,410,000.00 in net income (profit) each year or ($1.90) on an earnings per share basis.

The company employs 2,305 workers across the globe.

SolarWinds' mailing address is 7171 Southwest Parkway Building 400, Austin TX, 78735. The official website for the company is www.solarwinds.com. The software maker can be reached via phone at (512) 682-9300 or via email at ir@solarwinds.com.