Similarweb Ltd. (NYSE:SMWB) shares are trading higher on Friday. The stock reversed from decline in the last couple of days after the company reported worse-than-expected fourth-quarter sales results and several analysts downgraded it.
Earnings Snapshot
On Tuesday, the company reported earnings of three cents per share, which was in line with the consensus estimate.
The company reported sales of $72.758 million, which missed the analyst consensus estimate of $76.442 million.
As of December 31, 2025, the number of customers reached 6,128, up 11% year over year (Y/Y), and the number of customers with annual recurring revenue (ARR) of $100,000 or more grew 12% Y/Y to 454.
Remaining performance obligations (RPO) rose 17% Y/Y to $288.8 million as of December 31, 2025.
Similarweb sees FY26 sales of $305.000 million-$315.000 million vs $324.569 million analyst estimate and first-quarter sales of $72.000 million-$74.000 million vs street view of $77.812 million.
Below-Consensus Guidance & Revenue Miss Prompted Downgrade
Citizens analyst Patrick Walravens downgrades the company from Market Outperform to Market Perform.
The bearish stance reflects weak quarterly results …