Similarweb (SMWB) Q2 2026 earnings — TrendMatrix coverage

Adjusted EPS

$0.06

Estimate

$0.03

Surprise

+97.6%

Score today

5.7/10

Revenue for this quarter isn’t shown: the reported figure hasn’t cleared TrendMatrix’s freshness and sanity checks yet, and consensus revenue isn’t tracked. EPS above is the available figure.

Similarweb (SMWB) beat the $0.03 estimate with adjusted EPS of $0.06 — a large 97.6% upside surprise.

• Citigroup Maintains Neutral on Similarweb, Raises Price Target to $9 — benzinga, 2026-08-13
• Barclays Maintains Overweight on Similarweb, Raises Price Target to $11 — benzinga, 2026-08-13
• Northland Capital Markets Upgrades Similarweb to Outperform, Raises Price Target to $10 — benzinga, 2026-08-12

TrendMatrix currently rates SMWB Sell at 5.7/10; no pre/post engine snapshot brackets this report.

2 of the last 4 quarters beat the estimate; this quarter's +97.6% surprise compares with a +59.6% four-quarter average. Next scheduled report: 2026-11-17.

This section and the ones below it reflect TrendMatrix’s latest engine read — they update after the report date and are not frozen to it.

Current price

$8.03

Price target

$9.42

Stop

$7.47

Upside to target

+17.3%

Reward-to-risk

1.7:1

Model outputs from TrendMatrix’s engine as of 2026-10-07 — shown for context, not personalized investment advice.

Technology names get repriced on forward expectations more than trailing prints — a quarter here is read through next-year growth and multiple, not the EPS line alone.

Industry

Software - Application

Market cap

$713.0M

P/E (fwd)

25.9

52-week range

$2.22–$9.50

Off 52-week high

15.5%

RSI (14)

44

Volume vs avg

0.56×

Score today

5.7/10