Should I buy or sell Smith Micro Software stock right now?

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. View SMSI analyst ratings or view top-rated stocks .

What is Smith Micro Software's stock price target for 2024?

2 Wall Street analysts have issued twelve-month price targets for Smith Micro Software's stock. Their SMSI share price targets range from $20.00 to $36.00. On average, they expect the company's share price to reach $28.00 in the next twelve months. This suggests a possible upside of 1,158.4% 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 2024?

Smith Micro Software's stock was trading at $6.6080 at the beginning of the year. Since then, SMSI shares have decreased by 66.3% and is now trading at $2.2250. View the best growth stocks for 2024 here .

When is Smith Micro Software's next earnings date?

The company is scheduled to release its next quarterly earnings announcement on Thursday, May 9th 2024. View our SMSI earnings forecast .

How were Smith Micro Software's earnings last quarter?

Smith Micro Software, Inc. (NASDAQ:SMSI) announced its quarterly earnings results on Thursday, February, 22nd. The software maker reported ($0.32) EPS for the quarter, missing analysts' consensus estimates of ($0.16) by $0.16. The software maker had revenue of $8.59 million for the quarter, compared to analyst estimates of $8.86 million. Smith Micro Software had a negative trailing twelve-month return on equity of 13.46% and a negative net margin of 59.70%. During the same quarter last year, the company earned ($0.80) EPS.

When did Smith Micro Software's stock split?

Shares of Smith Micro Software reverse split before market open on Thursday, April 11th 2024. The 1-8 reverse split was announced on Thursday, April 11th 2024. The number of shares owned by shareholders was adjusted after the closing bell on Thursday, April 11th 2024. An investor that had 100 shares of stock prior to the reverse split would have 13 shares after the split.

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) .

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 Charles Schwab, E*TRADE, Fidelity, and Vanguard Brokerage Services. Compare Top Brokerages Here .

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. Read More

NASDAQ:SMSI

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

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$2.22

+0.28 (+14.40%)

(As of 04/18/2024 ET)

Compare

Today's Range: $1.96
▼
$3.21
50-Day Range: $1.93
▼
$6.54
52-Week Range: $1.88
▼
$14.96

Volume: 5.48 million shs
Average Volume: 124,046 shs
Market Capitalization: $21.38 million

P/E Ratio: N/A
Dividend Yield: N/A
Price Target: $28.00

Get Smith Micro Software alerts:

Smith Micro Software MarketRank™ Stock Analysis

Analyst Rating: Buy
3.00 Rating Score
Upside/Downside: 1,158.4% Upside
$28.00 Price Target
Short Interest: Healthy
9.87% of Shares Sold Short
Dividend Strength: N/A
Sustainability: -0.61
Upright™ Environmental Score
News Sentiment: N/A
Insider Trading: Selling Shares
$7,115 Sold Last Quarter
Proj. Earnings Growth: Growing
From ($1.60) to $0.56 Per Share

Overall MarketRank^™

New Rank-Based ScoringMarketRank^™ is calculated by averaging available category scores (with extra weight given to analysis and valuation), then ranking the company's weighted average against that of other companies.

3.59 out of 5 stars

Computer And Technology Sector

222nd out of 590 stocks

Prepackaged Software Industry

60th out of 190 stocks

3.5

Analyst's Opinion

Consensus Rating
Smith Micro Software has received a consensus rating of Buy. The company's average rating score is 3.00, and is based on 2 buy ratings, no hold ratings, and no sell ratings.
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
9.87% 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 2.4, which is generally considered an acceptable ratio of short interest to trading volume.
Change versus previous month
Short interest in Smith Micro Software has recently decreased by 4.25%, 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.

0.6

News and Social Media Coverage

News Coverage This Week
MarketBeat has tracked 1 news article for Smith Micro Software this week, compared to 0 articles on an average week.
Search Interest
Only 3 people have searched for SMSI on MarketBeat in the last 30 days. This is a decrease of -25% compared to the previous 30 days.
MarketBeat Follows
5 people have added Smith Micro Software to their MarketBeat watchlist in the last 30 days. This is an increase of 67% 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 sold more of their company's stock than they have bought. Specifically, they have bought $0.00 in company stock and sold $7,115.00 in company stock.
Percentage Held by Insiders
Only 9.41% of the stock of Smith Micro Software is held by insiders.
Percentage Held by Institutions
Only 20.80% of the stock of Smith Micro Software is held by institutions.

1.3

Earnings and Valuation

Earnings Growth
Earnings for Smith Micro Software are expected to grow in the coming year, from ($1.60) to $0.56 per share.
Price to Earnings Ratio vs. the Market
The P/E ratio of Smith Micro Software is -0.75, 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 -0.75, 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 0.28. P/B Ratios below 1 indicate that a company could be undervalued with respect to its assets and liabilities.

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About Smith Micro Software Stock (NASDAQ:SMSI)

Smith Micro Software, Inc. engages in the development and sale of software to enhance the mobile experience to wireless and cable service providers in the Americas, Europe, the Middle East, and Africa. The company offers SafePath Family, SafePath IoT, SafePath Home, and SafePath Premium product suite, which provides tools to protect digital lifestyles and manage connected devices inside and outside the home; and CommSuite, a messaging platform that helps mobile service provides deliver a next-generation voicemail experience to mobile subscribers, as well as enables multi-language voice-to-text (VTT) transcription messaging. It also offers ViewSpot, a retail display management platform that provides on-screen and interactive demos to wireless carriers and other smartphone retailers; and technical support and customer services. Smith Micro Software, Inc. was founded in 1982 and is headquartered in Pittsburgh, Pennsylvania.

SMSI Stock Price History

30 days | 90 days | 365 days | Advanced Chart

SMSI Stock News Headlines

April 14, 2024 | americanbankingnews.com

Smith Micro Software (NASDAQ:SMSI) Coverage Initiated by Analysts at StockNews.com

April 3, 2024 | businesswire.com

Smith Micro Announces 1-for-8 Reverse Stock Split

April 19, 2024 | InvestorPlace (Ad)

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April 2, 2024 | businesswire.com

Smith Micro Announces New Agreement with a Mobile Operator in the US for Deployment of Its SafePath Platform

March 17, 2024 | uk.investing.com

Smith Micro Software's VP and CFO sells shares worth $1,681

March 15, 2024 | finance.yahoo.com

SMSI Dec 2024 3.000 put

March 11, 2024 | benzinga.com

Top 5 Tech Stocks That Could Blast Off In March - Endava (NYSE:DAVA), Aurora Innovation (NASDAQ:AUR)

February 25, 2024 | finance.yahoo.com

Smith Micro Software Full Year 2023 Earnings: EPS Misses Expectations

April 19, 2024 | InvestorPlace (Ad)

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During the event on Tuesday, April 23 at 10 am ET, I’ll be giving away the name and ticker symbol of crypto that could surge in price. I believe it will be the best performing crypto of 2024.

February 23, 2024 | finance.yahoo.com

Smith Micro Software, Inc. (NASDAQ:SMSI) Q4 2023 Earnings Call Transcript

February 23, 2024 | finance.yahoo.com

Q4 2023 Smith Micro Software Inc Earnings Call

February 22, 2024 | businesswire.com

Smith Micro Reports Fourth Quarter and Fiscal Year 2023 Financial Results

February 22, 2024 | businesswire.com

Smith Micro Announces New SafePath OS™ Solution Expanding its Focus on Family Safety

February 15, 2024 | finance.yahoo.com

Smith Micro Schedules Teleconference to Announce Fourth Quarter and Fiscal Year 2023 Financial Results

February 15, 2024 | businesswire.com

Smith Micro Schedules Teleconference to Announce Fourth Quarter and Fiscal Year 2023 Financial Results

February 2, 2024 | finance.yahoo.com

Smith Micro Software (NASDAQ:SMSI) shareholders have endured a 89% loss from investing in the stock three years ago

January 12, 2024 | markets.businessinsider.com

Analysts Offer Insights on Technology Companies: Smith Micro Software (SMSI), Emcore (EMKR) and Rimini Street (RMNI)

January 11, 2024 | finance.yahoo.com

Smith Micro Retires Senior Secured Convertible Notes

December 5, 2023 | finance.yahoo.com

Leading Tier 1 European Mobile Operator Signs New SafePath® Multiyear Contract with Smith Micro

November 13, 2023 | finance.yahoo.com

Bearish: Analysts Just Cut Their Smith Micro Software, Inc. (NASDAQ:SMSI) Revenue and EPS estimates

November 12, 2023 | benzinga.com

Smith Micro Software Stock (NASDAQ:SMSI), Analyst Ratings, Price Targets, Predictions

November 10, 2023 | markets.businessinsider.com

Smith Micro Software: Strong Q3 Performance and Future Profitability Potential Despite Challenges – Buy Rating Maintained

November 10, 2023 | markets.businessinsider.com

Buy Rating Retained for Smith Micro Software Despite Setbacks: Anticipated European Expansion and New Product Launches Fuel Optimism

November 10, 2023 | markets.businessinsider.com

Analysts Have Conflicting Sentiments on These Technology Companies: Smith Micro Software (SMSI), Wix (WIX) and Clear Secure (YOU)

November 9, 2023 | finance.yahoo.com

Smith Micro Software, Inc. (NASDAQ:SMSI) Q3 2023 Earnings Call Transcript

November 9, 2023 | finance.yahoo.com

Q3 2023 Smith Micro Software Inc Earnings Call

November 9, 2023 | markets.businessinsider.com

Benchmark Co. Keeps Their Buy Rating on Smith Micro Software (SMSI)

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Company Calendar

Last Earnings: 2/22/2024
Today: 4/18/2024
Next Earnings (Estimated): 5/09/2024
Fiscal Year End: 12/31/2024

Get Stock Alerts

Industry, Sector and Symbol

Stock Exchange: NASDAQ
Sector: Computer and Technology
Industry: Prepackaged software
Sub-Industry: N/A
Current Symbol: NASDAQ:SMSI
CUSIP: N/A
CIK: 948708
Web: www.smithmicro.com
Phone: (412) 837-5300
Fax: 949-362-2300
Employees: 231
Year Founded: 1982

Price Target and Rating

Average Stock Price Target: $28.00
High Stock Price Target: $36.00
Low Stock Price Target: $20.00
Potential Upside/Downside: +1,158.4%
Consensus Rating: Buy
Rating Score (0-4): 3.00
Research Coverage: 2 Analysts

Profitability

EPS (Most Recent Fiscal Year): ($2.96)
Trailing P/E Ratio: N/A
Forward P/E Ratio: N/A
P/E Growth: N/A
Net Income: $-24,400,000.00
Net Margins: -59.70%
Pretax Margin: -59.32%
Return on Equity: -13.46%
Return on Assets: -10.91%

Debt

Debt-to-Equity Ratio: N/A
Current Ratio: 2.21
Quick Ratio: 2.21

Sales & Book Value

Annual Sales: $40.86 million
Price / Sales: 0.52
Cash Flow: N/A
Price / Cash Flow: N/A
Book Value: $8.06 per share
Price / Book: 0.28

Miscellaneous

Outstanding Shares: 9,610,000
Free Float: 8,705,000
Market Cap: $21.38 million
Optionable: Optionable
Beta: 0.64

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Key Executives

Mr. William W. Smith Jr. (Age 76)
Co-Founder, Chairman of the Board, President & CEO
Comp: $604.97k
Mr. James M. Kempton CPA (Age 49)
VP, CFO & Treasurer
Comp: $322.76k
Mr. Von Cameron (Age 60)
Chief Revenue Officer
Comp: $363.21k
Mr. David P. Sperling (Age 55)
VP, CTO & Director of Software Engineering
Comp: $384.52k
Mr. Kenneth J. Shebek (Age 61)
VP & Chief Information Officer
Comp: $296.36k
Ms. Jennifer M. Reinke (Age 51)
General Counsel & Secretary
Mr. Charles B. Messman (Age 53)
Vice President of Marketing
Comp: $421.01k
Mr. David L. Blakeney (Age 63)
Senior Vice President of Engineering
Comp: $223.1k

Key Competitors

View All Competitors

Insiders & Institutions

View All Insider Transactions
View All Institutional Transactions

SMSI Stock Analysis - Frequently Asked Questions

Should I buy or sell Smith Micro Software stock right now?: 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.
View SMSI analyst ratings or view top-rated stocks.
What is Smith Micro Software's stock price target for 2024?: 2 Wall Street analysts have issued twelve-month price targets for Smith Micro Software's stock. Their SMSI share price targets range from $20.00 to $36.00. On average, they expect the company's share price to reach $28.00 in the next twelve months. This suggests a possible upside of 1,158.4% 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 2024?: Smith Micro Software's stock was trading at $6.6080 at the beginning of the year. Since then, SMSI shares have decreased by 66.3% and is now trading at $2.2250.
View the best growth stocks for 2024 here.
When is Smith Micro Software's next earnings date?: The company is scheduled to release its next quarterly earnings announcement on Thursday, May 9th 2024.
View our SMSI earnings forecast.
How were Smith Micro Software's earnings last quarter?: Smith Micro Software, Inc. (NASDAQ:SMSI) announced its quarterly earnings results on Thursday, February, 22nd. The software maker reported ($0.32) EPS for the quarter, missing analysts' consensus estimates of ($0.16) by $0.16. The software maker had revenue of $8.59 million for the quarter, compared to analyst estimates of $8.86 million. Smith Micro Software had a negative trailing twelve-month return on equity of 13.46% and a negative net margin of 59.70%. During the same quarter last year, the company earned ($0.80) EPS.
When did Smith Micro Software's stock split?: Shares of Smith Micro Software reverse split before market open on Thursday, April 11th 2024. The 1-8 reverse split was announced on Thursday, April 11th 2024. The number of shares owned by shareholders was adjusted after the closing bell on Thursday, April 11th 2024. An investor that had 100 shares of stock prior to the reverse split would have 13 shares after the split.

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).
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 Charles Schwab, E*TRADE, Fidelity, and Vanguard Brokerage Services.
Compare Top Brokerages Here.
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.
Read More

This page (NASDAQ:SMSI) was last updated on 4/19/2024 by MarketBeat.com Staff

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

Smith Micro Software MarketRank™ Stock Analysis

Overall MarketRank™

Analyst's Opinion

Short Interest

Percentage of Shares Shorted

Short Interest Ratio / Days to Cover

Change versus previous month

Dividend Strength

Sustainability and ESG

Overall ESG (Environmental, Social, and Governance) Score

Environmental Sustainability

News and Social Media Coverage

News Coverage This Week

Search Interest

MarketBeat Follows

Company Ownership

Earnings and Valuation

About Smith Micro Software Stock (NASDAQ:SMSI)

SMSI Stock Price History

SMSI Stock News Headlines

Company Calendar

Industry, Sector and Symbol

Price Target and Rating

Profitability

Debt

Sales & Book Value

Miscellaneous

Social Links

Key Executives

Key Competitors

Insiders & Institutions

SMSI Stock Analysis - Frequently Asked Questions

Overall MarketRank^™