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Similarweb Ltd. - SMWB STOCK NEWS

Welcome to our dedicated page for Similarweb Ltd. news (Ticker: SMWB), a resource for investors and traders seeking the latest updates and insights on Similarweb Ltd. stock.

Similarweb Ltd. (NYSE: SMWB) is a global leader in digital intelligence, providing a comprehensive view of the digital world to help businesses grow and become more competitive. The company offers a suite of analytics tools that analyze billions of digital interactions across millions of websites and apps daily. These tools enable users to compare website traffic, gain insights into market trends, and develop effective traffic acquisition strategies.

Similarweb's platform is trusted by businesses, marketers, publishers, and analysts to benchmark their performance against competitors. The company's data is frequently cited in leading publications such as Bloomberg Businessweek, TechCrunch, and Adweek. By transforming vast amounts of data into actionable insights, Similarweb helps its clients discover new opportunities and optimize their digital presence.

The company's primary revenue stream comes from SaaS subscriptions, with customers paying for access to its cloud-based digital intelligence solutions. Geographically, the majority of Similarweb's revenue is derived from the United States, with significant contributions from Israel, the United Kingdom, Europe, Asia-Pacific, and other regions.

Recently, Similarweb has entered a collaboration with Dstillery, an AI ad targeting company. This partnership enhances Dstillery's AI capabilities by incorporating Similarweb's extensive dataset into its data stack. The collaboration aims to improve predictive capabilities while respecting privacy concerns, marking a significant milestone in the evolving digital privacy landscape.

News

Similarweb Appoints Susan Dunn as Chief Revenue Officer to Accelerate Revenue Growth

Rhea-AI Summary

Similarweb, a global leader in digital intelligence, appoints Susan Dunn as Chief Revenue Officer to drive revenue growth and manage the Go-To-Market Organization. Dunn brings vast experience from NielsenIQ and other renowned companies, showcasing a strong track record of revenue growth and client service.

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Similarweb to Announce First Quarter 2024 Financial Results on May 7, 2024, After Market Close

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Similarweb, a digital data and web analytics company, will announce its first quarter 2024 financial results on May 7, 2024, after market close. The company will host a conference call on May 8, 2024, to discuss the results.
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Similarweb Files 2023 Annual Report on Form 20-F

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Similarweb (NYSE: SMWB) files its annual report on Form 20-F for the fiscal year 2023 with the SEC, providing access to shareholders for detailed financial information.
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Similarweb Acquires Admetricks to Expand Ad Intelligence Offering

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Similarweb (SMWB) acquires Admetricks, a leader in ad intelligence software, to enhance its Advertising Intelligence capabilities. Admetricks' solutions will bolster Similarweb's offerings in display advertising, aiding customers in refining media budgets and expanding reach. The acquisition aligns with Similarweb's mission of providing comprehensive data and optimization tools for digital marketing. Admetricks' integration with Similarweb is seamless, enabling a global expansion of services.
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Similarweb Announces Fourth Quarter and Fiscal Year 2023 Results

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Similarweb Ltd. (NYSE: SMWB) reported positive free cash flow for the first time since IPO, with a Non-GAAP operating profit margin of 8% in Q4 2023. The company achieved 13% annual revenue growth and increased total revenue to $56.8 million, with a GAAP net loss per share of $(0.04). The number of customers grew to 4,712, with an ARR of $100,000 or more contributing 57% of total ARR. Similarweb provided Q1 2024 revenue guidance of $58.5-59.0 million and FY 2024 revenue guidance of $242.0-246.0 million.
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Similarweb’s Apps 100 Finds Temu, Hims, and Lisa AI Tops in their Categories

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Similarweb's Apps 100 ranking showcases top mobile apps with over 1,000% growth in engagement between 2022 and 2023. The ranking highlights apps with the most growth in average monthly active users (MAU) in the US, emphasizing user engagement over downloads.
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Similarweb to Announce Fourth Quarter and Fiscal Year 2023 Financial Results on February 13, 2024, After Market Close

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Similarweb Ltd. (NYSE: SMWB) will release its Q4 and fiscal year 2023 financial results on February 13, 2023, followed by a conference call on February 14, 2023, to discuss the business and financial performance. The call will be available via webcast and telephone, with an archived webcast accessible later. Investors can access the live webcast from Similarweb's Investor Relations website.
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Similarweb Reveals 100 Digital Businesses That Achieved Outstanding Growth in 2023

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Similarweb (SMWB) released its annual ranking of the fastest growing digital businesses, the Digital 100, covering 10 categories in the US and other countries. Winners achieved significant online growth, with top performers like Vivaia (+655%) and parentztalk.com (+2,679%). Similarweb CEO Or Offer emphasized the potential for tremendous growth in highly competitive markets.
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Similarweb and HypeAuditor Release Digital Marketing Benchmarks for Seven Industries

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Similarweb (SMWB) and HypeAuditor offer free access to the 2024 Marketing Benchmark Report, providing digital marketers with detailed competitive intelligence for seven industries in the US. The report covers key metrics like website traffic, engagement, Instagram followers, and influencer marketing reach, helping businesses understand their performance and find opportunities to compete better in the digital landscape.
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Israeli Tech Deli Delivers - NO MATTER WHAT: Investments Reach One Billion USD, M&A Activity Also Reaches One Billion USD, and Early Launch of Nvidia's Israel-1 Supercomputer

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Start-Up Nation Central (SUNC) (IL) reports that Israel's tech ecosystem remains resilient despite ongoing challenges, with 29 investment rounds totaling nearly $1 billion. Notable investments include $265 million for Next Insurance and significant M&A deals in the cybersecurity and health tech sectors. Nvidia's Israel-1 supercomputer is operational two months ahead of schedule, and an international campaign highlighting Israel's tech sector resilience has been launched. Israel's high-tech sector contributes 18% to the nation's GDP, employs 14% of its workforce, generates 30% of income taxes, and drives 50% of exports.
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FAQ

What is the current stock price of Similarweb Ltd. (SMWB)?

The current stock price of Similarweb Ltd. (SMWB) is $14.51 as of January 3, 2025.

What is the market cap of Similarweb Ltd. (SMWB)?

The market cap of Similarweb Ltd. (SMWB) is approximately 1.1B.

What does Similarweb Ltd. do?

Similarweb provides digital intelligence solutions, analyzing website traffic and digital interactions to offer actionable insights.

How does Similarweb generate revenue?

The company primarily generates revenue through SaaS subscriptions for its cloud-based digital intelligence solutions.

Where does Similarweb derive most of its revenue?

The majority of Similarweb's revenue comes from the United States, with additional contributions from Israel, the United Kingdom, Europe, Asia-Pacific, and other regions.

Who uses Similarweb's services?

Businesses, marketers, publishers, and analysts use Similarweb's services to benchmark performance, gain market insights, and optimize digital strategies.

What are some publications that cite Similarweb’s data?

Similarweb's data is often cited in leading publications including Bloomberg Businessweek, TechCrunch, and Adweek.

What recent collaboration has Similarweb entered into?

Similarweb has recently partnered with Dstillery, an AI ad targeting company, to enhance their AI capabilities using Similarweb's data.

What are the benefits of Similarweb’s platform?

Similarweb's platform helps users benchmark against competitors, discover new opportunities, and optimize their digital presence.

What technology does Similarweb use?

Similarweb uses proprietary technology to analyze billions of digital interactions across millions of websites and apps.

What are Similarweb's main products?

Similarweb offers analytics tools for website traffic comparison, market trends analysis, and traffic acquisition strategy development.

How does Similarweb ensure data privacy?

Similarweb collaborates with partners like Dstillery to enhance AI capabilities while respecting privacy concerns and adhering to data privacy laws.
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Similarweb Ltd.

NYSE:SMWB

SMWB Rankings

#2427 Ranked by Market Cap
N/A Ranked by Dividends

SMWB Stock Data

1.15B
60.80M
20.68%
59.14%
0.33%
Software - Application
Technology
Link
United States of America
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