Similarweb

Similarweb reported Q2 revenue of $77.2 million, up 9% year-over-year, and achieved positive GAAP operating profit for the first time while generating $8.7 million of normalized free cash flow. AI-related revenue rose to 13% of sales and the company signed three multiyear enterprise contracts totaling over $60 million in accumulated contract value. Net revenue retention improved to 100% overall (107% for accounts >$100k ARR) and ARR under multiyear contracts rose to 66%. Management raised full-year 2026 revenue guidance to $340–$380 million and non-GAAP operating profit guidance to $24–$26 million, citing stronger enterprise demand and AI-driven data consumption. » Mere på finance.yahoo.com

SimilarWeb beat expectations in Q2 2026 for revenue ($77.2m) and adjusted EPS ($0.06), raised its full-year guidance and announced three multi-year contracts with a combined value of more than $60m. Northland Capital upgraded the stock from Market Perform to Outperform and doubled the price target from $5 to $10. In pre-market trading the stock jumped 13.7% to $8.24, moving closer to the 52-week high of $10.75. » Mere på de.investing.com

Similarweb is expanding its cooperation with Perplexity and integrating its digital market, consumer and competitive data directly into Perplexity Computer via the MCP-Connector and native integrations. Users can thereby automate research, marketing analysis and strategic decisions within AI-driven workflows. Similarweb reports a gross profit margin of nearly 80%; analysts expect profitability this year and currently consider the stock potentially undervalued. The stock rose more than 13% last week but is down about 41.5% year-to-date. » Mere på de.investing.com

The board of Similarweb has started the search for a new CEO after founder Or Offer announced he will resign following his 20-year anniversary with the company in May 2027. Offer will remain in office as CEO during the search and the transition period. The board has engaged a leading executive search firm; the company stresses that strategy, operations and the financial outlook remain unchanged. The stock is trading at 3.12 USD after steep losses last year, but an analysis considers it undervalued. » Mere på de.investing.com

Similarweb introduced a Retail Intelligence suite that merges Amazon IQ with Cross-Retail IQ to analyze shopper behavior, digital shelf and pricing signals across 650+ online stores and marketplaces. The platform extends digital shelf analytics and automated repricing beyond Amazon, enabling brands to monitor availability, protect buy box positions and get content and pricing recommendations. Retailers can also use the data to spot assortment gaps, benchmark inventory and optimize performance amid growing marketplace fragmentation and AI-driven purchasing. » Mere på finance.yahoo.com