Similarweb Expands Partnership with Perplexity for AI Workflows
Written by Emily J. Thompson, Senior Investment Analyst
Updated: 38 minutes ago
0mins
Source: Newsfilter
- Efficiency Boost through Integration: The partnership between Similarweb and Perplexity allows users to access market, consumer behavior, and competitive intelligence data directly within the Perplexity environment, thereby enhancing efficiency in research and market analysis for businesses.
- AI-Driven Workflows: By embedding Similarweb's data into Perplexity's AI workflows, companies can automate research and decision-making processes, ensuring that AI-generated insights are grounded in real-world digital intelligence, which enhances the accuracy of decisions.
- Market Leadership: Benjamin Seror, Chief Product Officer at Similarweb, highlighted that as businesses transition from traditional SaaS platforms to AI environments, access to reliable data becomes increasingly critical, further solidifying Similarweb's market leadership in the digital data space.
- Strategic Transformation: Similarweb's 'Everywhere You Work' initiative reflects its shift from a standalone platform to embedded intelligence, aiming to enhance user data access capabilities in daily operations through deep integration with AI tools like Perplexity.
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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: 4.380
Low
10.00
Averages
12.50
High
14.00
Current: 4.380
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.
Similarweb Expands Partnership with Perplexity for AI Workflows
- Efficiency Boost through Integration: The partnership between Similarweb and Perplexity allows users to access market, consumer behavior, and competitive intelligence data directly within the Perplexity environment, thereby enhancing efficiency in research and market analysis for businesses.
- AI-Driven Workflows: By embedding Similarweb's data into Perplexity's AI workflows, companies can automate research and decision-making processes, ensuring that AI-generated insights are grounded in real-world digital intelligence, which enhances the accuracy of decisions.
- Market Leadership: Benjamin Seror, Chief Product Officer at Similarweb, highlighted that as businesses transition from traditional SaaS platforms to AI environments, access to reliable data becomes increasingly critical, further solidifying Similarweb's market leadership in the digital data space.
- Strategic Transformation: Similarweb's 'Everywhere You Work' initiative reflects its shift from a standalone platform to embedded intelligence, aiming to enhance user data access capabilities in daily operations through deep integration with AI tools like Perplexity.
See More
Similarweb Expands Partnership with Perplexity for AI Workflows
- Efficiency Boost through Integration: The partnership between Similarweb and Perplexity allows users to access market, consumer behavior, and competitive intelligence data directly within the Perplexity environment, thereby streamlining research and decision-making processes and enhancing operational efficiency for businesses.
- Automation of AI Workflows: By embedding Similarweb's data into Perplexity Computer, businesses can leverage teams of AI agents across 20+ models to execute complex workflows, significantly increasing the automation level of market analysis and strategic decision-making.
- Strengthening Market Leadership: This integration reflects Similarweb's strategy to become a trusted data partner within the AI tools ecosystem, as businesses transition to AI environments where accurate and reliable data is increasingly critical for ensuring the effectiveness of AI-generated insights.
- Strategic Transformation Initiative: Similarweb's 'Everywhere You Work' initiative indicates a shift from standalone platforms to embedded intelligence, further enhancing its influence within the AI partnership network and enabling businesses to better utilize data intelligence in their daily operations.
See More
Similarweb Reports Strong Q1 2026 Earnings with Positive Guidance Adjustments
- Significant Revenue Growth: Similarweb achieved revenue of $73.9 million in Q1 2026, reflecting a 10% year-over-year increase that exceeded the upper guidance limit, demonstrating strong performance in AI-related revenues and new sales, which enhances market confidence.
- Improved Operating Profit: The non-GAAP operating profit for the quarter was $2.4 million, yielding a 3% margin compared to a loss of $1.3 million in Q1 2025, indicating effective cost control measures by the company.
- Stable Customer Retention: The net revenue retention rate stood at 98% for all customers, with a remarkable 103% for those generating over $100,000 in annual revenue, showcasing the success of the company's customer expansion and product portfolio strategies.
- Optimistic Outlook: The company raised the lower end of its 2026 revenue guidance to $307 million, expecting total revenue to range between $307 million and $315 million, reflecting management's confidence in future growth and positive market demand.
See More
Similarweb Q1 Earnings: Revenue Up 10.2%, EPS Misses
- Revenue Growth: Similarweb reported Q1 revenue of $73.9 million, reflecting a 10.2% year-over-year increase, surpassing market expectations by $0.86 million, indicating robust market performance.
- Customer Expansion: As of March 31, 2026, the number of customers with annual recurring revenue exceeding $100,000 grew to 461, a 12% increase year-over-year, highlighting the company's enhanced appeal among high-value clients.
- Retention Rate Decline: The dollar-based net retention rate for customers with ARR over $100,000 was 103%, down from 111% in Q1 2025, suggesting some pressure on customer retention.
- Financial Outlook: For FY 2026, total revenue is projected between $307 million and $315 million, representing approximately 10% growth year-over-year, reflecting the company's confidence in future growth despite market challenges.
See More
Similarweb Initiates Search for New CEO
- Leadership Transition: Similarweb's Board of Directors has officially commenced the search for a new CEO, as founder and current CEO Or Offer plans to transition out of his role by May 2027, marking a significant shift as the company approaches its 20th anniversary.
- Executive Search Firm Engagement: The Board will collaborate with a leading executive search firm to evaluate candidates with the necessary experience to lead Similarweb into its next phase, ensuring a professional and effective selection process.
- Transition Period Arrangements: Offer will remain as CEO during the selection and transition period, ensuring that the company's strategy, operations, and financial outlook remain unchanged, thereby maintaining stability during this leadership change.
- Future Outlook: The leadership transition is expected to be completed by mid-2027, with the Board emphasizing that there will be no changes to the company's strategic direction during this period, demonstrating continued confidence in future growth.
See More
Similarweb Launches Retail Intelligence Analysis Tools
- Retail Intelligence Launch: Similarweb has launched a new suite of retail intelligence tools that combines Amazon IQ with Cross-Retail IQ, covering over 650 online stores, providing comprehensive analysis of shopper behavior and digital shelf dynamics to help brands optimize sales strategies.
- Digital Shelf Analysis: The new tools offer in-depth analysis of product mix, availability, and pricing, enabling brands to better understand market demand and competitor dynamics, thereby enhancing product visibility and sales performance.
- Automated Pricing Options: Both Amazon IQ and Cross-Retail IQ now offer digital shelf automation options, allowing brands to automatically adjust product pricing based on competitive dynamics, which is crucial during price wars to maintain
See More
Similarweb Expands Partnership with Perplexity for AI Workflows
- Efficiency Boost through Integration: The partnership between Similarweb and Perplexity allows users to access market, consumer behavior, and competitive intelligence data directly within the Perplexity environment, thereby enhancing efficiency in research and market analysis for businesses.
- AI-Driven Workflows: By embedding Similarweb's data into Perplexity's AI workflows, companies can automate research and decision-making processes, ensuring that AI-generated insights are grounded in real-world digital intelligence, which enhances the accuracy of decisions.
- Market Leadership: Benjamin Seror, Chief Product Officer at Similarweb, highlighted that as businesses transition from traditional SaaS platforms to AI environments, access to reliable data becomes increasingly critical, further solidifying Similarweb's market leadership in the digital data space.
- Strategic Transformation: Similarweb's 'Everywhere You Work' initiative reflects its shift from a standalone platform to embedded intelligence, aiming to enhance user data access capabilities in daily operations through deep integration with AI tools like Perplexity.
See More
Similarweb Expands Partnership with Perplexity for AI Workflows
- Efficiency Boost through Integration: The partnership between Similarweb and Perplexity allows users to access market, consumer behavior, and competitive intelligence data directly within the Perplexity environment, thereby streamlining research and decision-making processes and enhancing operational efficiency for businesses.
- Automation of AI Workflows: By embedding Similarweb's data into Perplexity Computer, businesses can leverage teams of AI agents across 20+ models to execute complex workflows, significantly increasing the automation level of market analysis and strategic decision-making.
- Strengthening Market Leadership: This integration reflects Similarweb's strategy to become a trusted data partner within the AI tools ecosystem, as businesses transition to AI environments where accurate and reliable data is increasingly critical for ensuring the effectiveness of AI-generated insights.
- Strategic Transformation Initiative: Similarweb's 'Everywhere You Work' initiative indicates a shift from standalone platforms to embedded intelligence, further enhancing its influence within the AI partnership network and enabling businesses to better utilize data intelligence in their daily operations.
See More
Similarweb Reports Strong Q1 2026 Earnings with Positive Guidance Adjustments
- Significant Revenue Growth: Similarweb achieved revenue of $73.9 million in Q1 2026, reflecting a 10% year-over-year increase that exceeded the upper guidance limit, demonstrating strong performance in AI-related revenues and new sales, which enhances market confidence.
- Improved Operating Profit: The non-GAAP operating profit for the quarter was $2.4 million, yielding a 3% margin compared to a loss of $1.3 million in Q1 2025, indicating effective cost control measures by the company.
- Stable Customer Retention: The net revenue retention rate stood at 98% for all customers, with a remarkable 103% for those generating over $100,000 in annual revenue, showcasing the success of the company's customer expansion and product portfolio strategies.
- Optimistic Outlook: The company raised the lower end of its 2026 revenue guidance to $307 million, expecting total revenue to range between $307 million and $315 million, reflecting management's confidence in future growth and positive market demand.
See More
Similarweb Q1 Earnings: Revenue Up 10.2%, EPS Misses
- Revenue Growth: Similarweb reported Q1 revenue of $73.9 million, reflecting a 10.2% year-over-year increase, surpassing market expectations by $0.86 million, indicating robust market performance.
- Customer Expansion: As of March 31, 2026, the number of customers with annual recurring revenue exceeding $100,000 grew to 461, a 12% increase year-over-year, highlighting the company's enhanced appeal among high-value clients.
- Retention Rate Decline: The dollar-based net retention rate for customers with ARR over $100,000 was 103%, down from 111% in Q1 2025, suggesting some pressure on customer retention.
- Financial Outlook: For FY 2026, total revenue is projected between $307 million and $315 million, representing approximately 10% growth year-over-year, reflecting the company's confidence in future growth despite market challenges.
See More
Similarweb Initiates Search for New CEO
- Leadership Transition: Similarweb's Board of Directors has officially commenced the search for a new CEO, as founder and current CEO Or Offer plans to transition out of his role by May 2027, marking a significant shift as the company approaches its 20th anniversary.
- Executive Search Firm Engagement: The Board will collaborate with a leading executive search firm to evaluate candidates with the necessary experience to lead Similarweb into its next phase, ensuring a professional and effective selection process.
- Transition Period Arrangements: Offer will remain as CEO during the selection and transition period, ensuring that the company's strategy, operations, and financial outlook remain unchanged, thereby maintaining stability during this leadership change.
- Future Outlook: The leadership transition is expected to be completed by mid-2027, with the Board emphasizing that there will be no changes to the company's strategic direction during this period, demonstrating continued confidence in future growth.
See More
Similarweb Launches Retail Intelligence Analysis Tools
- Retail Intelligence Launch: Similarweb has launched a new suite of retail intelligence tools that combines Amazon IQ with Cross-Retail IQ, covering over 650 online stores, providing comprehensive analysis of shopper behavior and digital shelf dynamics to help brands optimize sales strategies.
- Digital Shelf Analysis: The new tools offer in-depth analysis of product mix, availability, and pricing, enabling brands to better understand market demand and competitor dynamics, thereby enhancing product visibility and sales performance.
- Automated Pricing Options: Both Amazon IQ and Cross-Retail IQ now offer digital shelf automation options, allowing brands to automatically adjust product pricing based on competitive dynamics, which is crucial during price wars to maintain
See More
