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

13.00

Mkt cap

1.9B

Volume

1.2M

High

13.27

P/E Ratio

120.55

52-wk high

16.42

Low

12.05

Div yield

N/A

52-wk low

8.12

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

SEMrush Holdings (NYSE:SEMR) has received mixed analyst ratings, with 3 bullish and 2 somewhat bullish ratings. Analysts have set a 12-month price target range of $18.00 to $21.00, with an average target of $18.8, up from $18.00. The company shows strong financial health with a 21.77% revenue growth rate, a net margin of 1.82%, and a low debt-to-equity ratio of 0.05.

Portfolio Pulse from Benzinga Insights

October 02, 2024 | 12:02 pm

Keybanc analyst Jason Ader maintains an Overweight rating on SEMrush Holdings (NYSE:SEMR) and raises the price target from $19 to $21.

Portfolio Pulse from Benzinga Newsdesk

October 02, 2024 | 11:09 am

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 02, 2024 | 10:21 am

Semrush's second Annual Global Issues Index highlights mental health and the War on Drugs as top global search trends. This presents opportunities for cannabis and wellness businesses to align their strategies with consumer needs. Semrush's tools can help identify high-traffic keywords for market advantage.

Portfolio Pulse from Patricio Liddle

September 18, 2024 | 1:55 pm

Over the past three months, analysts have shown a predominantly bullish sentiment towards SEMrush Holdings (NYSE:SEMR). The average 12-month price target has increased to $18.25, reflecting a 2.82% rise from the previous target. Key analysts from Needham and Keybanc have maintained or raised their ratings, indicating positive expectations for the company's future performance.

Portfolio Pulse from Benzinga Insights

August 07, 2024 | 4:00 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

August 07, 2024 | 9:59 am

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