Streetbeat News

SEMR

Semrush Holdings, Inc.

https://www.semrush.com

Industry

Software - Application

Semrush Holdings, Inc. develops an online visibility management software-as-a-service platform worldwide. The company enables companies to identify and reach the right audience for their content through the right channels. Its platform enables the company's customers to understand trends and act upon insights to enhance the online visibility, and drive traffic to their websites and social media pages, as well as online listings, distribute targeted content to their customers, and measure the digital marketing campaigns. The company was founded in 2008 and is headquartered in Boston, Massachusetts.

Open

16.57

Mkt cap

2.4B

Volume

465K

High

16.95

P/E Ratio

208.00

52-wk high

16.95

Low

16.39

Div yield

N/A

52-wk low

9.64

SEMrush (SEMR) experienced a 10.7% increase in its stock price with higher than average trading volume. However, the current trend in earnings estimate revisions suggests that this may not lead to further price increases in the near term.

Portfolio Pulse from

January 16, 2025 | 3:45 pm

Semrush Holdings has been upgraded to a buy rating due to a positive growth outlook, driven by a recovering macro environment and increased digital ad spending. The company's large total addressable market and successful cross-selling strategy, along with significant international growth, support its long-term potential.

Portfolio Pulse from

January 15, 2025 | 3:30 pm

Semrush Holdings, Inc. (NYSE: SEMR) will participate in two upcoming investor conferences: the 2024 RBC Capital Markets Global Technology, Internet, Media and Telecommunications Conference on November 19th in New York, and the 14th Annual Needham Virtual SaaS 1x1 Conference on November 21st.

Portfolio Pulse from

November 11, 2024 | 1:45 pm

Semrush Holdings, Inc. (SEMR) held its Q3 2024 earnings conference call on November 8, 2024. Key participants included CEO Oleg Shchegolev, President Eugene Levin, and CFO Brian Mulroy. Analysts from Needham & Company, JPMorgan, Morgan Stanley, and Goldman Sachs participated in the call.

Portfolio Pulse from

November 08, 2024 | 5:00 pm

SEMrush Holdings, Inc. (SEMR) reported Q3 earnings of $0.06 per share, missing the Zacks Consensus Estimate of $0.07 per share. This is the same as their earnings per share from a year ago.

Portfolio Pulse from

November 08, 2024 | 2:15 am

Semrush Holdings, Inc. (NYSE: SEMR) reported strong financial results for Q3 2024, with revenue and ARR both growing 24% year-over-year, exceeding guidance and prompting an increase in full-year guidance.

Portfolio Pulse from

November 07, 2024 | 11:00 pm

SEMrush Holdings (NYSE:SEMR) has received mixed analyst ratings over the past three months, with a majority being bullish or somewhat bullish. The average 12-month price target has increased by 5.83% to $18.14. Analysts have adjusted their ratings and price targets in response to market dynamics and company performance. SEMrush has shown strong financial health with notable revenue growth, net margin, ROE, and ROA, while maintaining a low debt-to-equity ratio.

Portfolio Pulse from Benzinga Insights

October 29, 2024 | 12:00 pm

Needham analyst Scott Berg has reiterated a Buy rating on SEMrush Holdings (NYSE:SEMR) and maintained a price target of $18.

Portfolio Pulse from Benzinga Newsdesk

October 29, 2024 | 10:14 am

Goldman Sachs analyst Christopher Merwin maintains a Neutral rating on SEMrush Holdings (NYSE:SEMR) but raises the price target from $14 to $16.

Portfolio Pulse from Benzinga Newsdesk

October 07, 2024 | 2:14 pm

JP Morgan analyst Mark Murphy has maintained an Overweight rating on SEMrush Holdings (NYSE:SEMR) and raised the price target from $16 to $17.

Portfolio Pulse from Benzinga Newsdesk

October 02, 2024 | 4:13 pm

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