Nasdaq Edges Higher; CVS Health Shares Jump Following Upbeat Earnings
Written by Emily J. Thompson, Senior Investment Analyst
Updated: Feb 12 2025
0mins
Should l Buy SMWB?
Source: Benzinga
U.S. Stock Market Performance: U.S. stocks mostly declined with the Dow down 0.47% and S&P 500 falling 0.25%, while CVS Health shares surged over 16% after strong quarterly results.
Global Market Trends: European markets closed higher, Asian markets were mixed, and U.S. mortgage applications rose by 2.3%, alongside a slight increase in the Consumer Price Index to 3% year-over-year.
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Analyst Views on SMWB
Wall Street analysts forecast SMWB stock price to rise
5 Analyst Rating
5 Buy
0 Hold
0 Sell
Strong Buy
Current: 3.900
Low
10.00
Averages
12.50
High
14.00
Current: 3.900
Low
10.00
Averages
12.50
High
14.00
About SMWB
Similarweb Ltd is an Israel-based company, engaged primarily in the software sector. The Company is a global software development and data aggregation company that specializes in Web analytics, Web traffic, and digital world. The Company provides an online platform for digital intelligence, delivering a trusted, comprehensive and detailed view of the digital traffic. The platform collect, analyze and share the information with their clients to enable customers to be competitive in their markets. It presents estimated statistics of websites and mobile applications. The Company analyzes over 100 million websites and 8 million apps, offering a comprehensive view of digital traffic and market trends.
About the author
Emily J. Thompson
Emily J. Thompson, a Chartered Financial Analyst (CFA) with 12 years in investment research, graduated with honors from the Wharton School. Specializing in industrial and technology stocks, she provides in-depth analysis for Intellectia’s earnings and market brief reports.
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