Smith Micro Software (SMSI)
Market Price (5/20/2026): $0.78 | Market Cap: $20.0 MilSector: Information Technology | Industry: Technology Hardware, Storage & Peripherals
Smith Micro Software (SMSI)
Market Price (5/20/2026): $0.78Market Cap: $20.0 MilSector: Information TechnologyIndustry: Technology Hardware, Storage & Peripherals
Investment Highlights Why It Matters Detailed financial logic regarding cash flow yields vs trend-riding momentum.
Megatrend and thematic driversMegatrends include Cloud Computing, 5G & Advanced Connectivity, and Cybersecurity. Themes include Software as a Service (SaaS), Show more. | Weak multi-year price returns2Y Excs Rtn is -112%, 3Y Excs Rtn is -170% | Penny stockMkt Price is 0.8 Not profitable at operating income levelOp Inc LTMOperating Income, Last Twelve Months is -17 Mil, Op Mgn LTMOperating Margin = Operating Income / Revenue Reflects profitability before taxes and before impact of capital structure (interest payments). is -103% Weak revenue growthRev Chg LTMRevenue Change % Last Twelve Months (LTM) is -12%, Rev Chg 3Y AvgRevenue Change % averaged over trailing 3 years is -27%, Rev Chg QQuarterly Revenue Change % is -8.7% Significant share based compensationSBC/Rev LTMShare Based Compensation / Revenue (Sales), Last Twelve Months (LTM) is 18% Not cash flow generativeCFO/Rev LTMCash Flow from Operations / Revenue (Sales), Last Twelve Months (LTM) is -61%, FCF/Rev LTMFree Cash Flow / Revenue (Sales), Last Twelve Months (LTM) is -62% Valuation getting more expensiveP/S 6M Chg %Price/Sales change over 6 months. Declining P/S indicates valuation has become less expensive. is 62% Yield minus risk free rate is negativeERPEquity Risk Premium (ERP) = Total Yield - Risk Free Rate, Reflects the premium above risk free assets offered by the investment. is -142% Key risksSMSI key risks include [1] significant financial distress driven by substantial revenue declines and persistent net losses, Show more. |
| Megatrend and thematic driversMegatrends include Cloud Computing, 5G & Advanced Connectivity, and Cybersecurity. Themes include Software as a Service (SaaS), Show more. |
| Weak multi-year price returns2Y Excs Rtn is -112%, 3Y Excs Rtn is -170% |
| Penny stockMkt Price is 0.8 |
| Not profitable at operating income levelOp Inc LTMOperating Income, Last Twelve Months is -17 Mil, Op Mgn LTMOperating Margin = Operating Income / Revenue Reflects profitability before taxes and before impact of capital structure (interest payments). is -103% |
| Weak revenue growthRev Chg LTMRevenue Change % Last Twelve Months (LTM) is -12%, Rev Chg 3Y AvgRevenue Change % averaged over trailing 3 years is -27%, Rev Chg QQuarterly Revenue Change % is -8.7% |
| Significant share based compensationSBC/Rev LTMShare Based Compensation / Revenue (Sales), Last Twelve Months (LTM) is 18% |
| Not cash flow generativeCFO/Rev LTMCash Flow from Operations / Revenue (Sales), Last Twelve Months (LTM) is -61%, FCF/Rev LTMFree Cash Flow / Revenue (Sales), Last Twelve Months (LTM) is -62% |
| Valuation getting more expensiveP/S 6M Chg %Price/Sales change over 6 months. Declining P/S indicates valuation has become less expensive. is 62% |
| Yield minus risk free rate is negativeERPEquity Risk Premium (ERP) = Total Yield - Risk Free Rate, Reflects the premium above risk free assets offered by the investment. is -142% |
| Key risksSMSI key risks include [1] significant financial distress driven by substantial revenue declines and persistent net losses, Show more. |
Qualitative Assessment
AI Analysis | Feedback
1. Stronger-than-expected Q1 2026 earnings per share and improved margins. The company reported a Q1 2026 EPS of -$0.06, significantly beating analyst estimates of -$0.15 by $0.09. This was supported by an increase in gross margin to 78.4% from 72.8% year-over-year, and a reduction in operating loss from $5.21 million to $3.37 million, reflecting enhanced operational efficiency.
2. Positive analyst sentiment and increased price targets. On May 1, 2026, Benchmark maintained a "Buy" rating and raised its price target for SMSI from $2 to $2.5, implying a 193.43% upside. The average consensus price target from analysts in May 2026 was $3.50, suggesting substantial potential upside from the stock's prevailing price.
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Stock Movement Drivers
Fundamental Drivers
The 46.1% change in SMSI stock from 1/31/2026 to 5/19/2026 was primarily driven by a 93.6% change in the company's P/S Multiple.| (LTM values as of) | 1312026 | 5192026 | Change |
|---|---|---|---|
| Stock Price ($) | 0.54 | 0.79 | 46.1% |
| Change Contribution By: | |||
| Total Revenues ($ Mil) | 18 | 17 | -7.6% |
| P/S Multiple | 0.6 | 1.2 | 93.6% |
| Shares Outstanding (Mil) | 21 | 26 | -18.4% |
| Cumulative Contribution | 46.1% |
Market Drivers
1/31/2026 to 5/19/2026| Return | Correlation | |
|---|---|---|
| SMSI | 46.1% | |
| Market (SPY) | 6.3% | 5.5% |
| Sector (XLK) | 20.6% | 10.6% |
Fundamental Drivers
The 10.9% change in SMSI stock from 10/31/2025 to 5/19/2026 was primarily driven by a 61.4% change in the company's P/S Multiple.| (LTM values as of) | 10312025 | 5192026 | Change |
|---|---|---|---|
| Stock Price ($) | 0.71 | 0.79 | 10.9% |
| Change Contribution By: | |||
| Total Revenues ($ Mil) | 19 | 17 | -9.1% |
| P/S Multiple | 0.7 | 1.2 | 61.4% |
| Shares Outstanding (Mil) | 19 | 26 | -24.4% |
| Cumulative Contribution | 10.9% |
Market Drivers
10/31/2025 to 5/19/2026| Return | Correlation | |
|---|---|---|
| SMSI | 10.9% | |
| Market (SPY) | 8.2% | 17.9% |
| Sector (XLK) | 15.5% | 18.3% |
Fundamental Drivers
The -20.1% change in SMSI stock from 4/30/2025 to 5/19/2026 was primarily driven by a -31.5% change in the company's Shares Outstanding (Mil).| (LTM values as of) | 4302025 | 5192026 | Change |
|---|---|---|---|
| Stock Price ($) | 0.99 | 0.79 | -20.1% |
| Change Contribution By: | |||
| Total Revenues ($ Mil) | 21 | 17 | -17.5% |
| P/S Multiple | 0.8 | 1.2 | 41.4% |
| Shares Outstanding (Mil) | 18 | 26 | -31.5% |
| Cumulative Contribution | -20.1% |
Market Drivers
4/30/2025 to 5/19/2026| Return | Correlation | |
|---|---|---|
| SMSI | -20.1% | |
| Market (SPY) | 33.8% | 23.2% |
| Sector (XLK) | 66.0% | 20.1% |
Fundamental Drivers
The -91.5% change in SMSI stock from 4/30/2023 to 5/19/2026 was primarily driven by a -72.6% change in the company's Shares Outstanding (Mil).| (LTM values as of) | 4302023 | 5192026 | Change |
|---|---|---|---|
| Stock Price ($) | 9.28 | 0.79 | -91.5% |
| Change Contribution By: | |||
| Total Revenues ($ Mil) | 49 | 17 | -65.0% |
| P/S Multiple | 1.3 | 1.2 | -11.0% |
| Shares Outstanding (Mil) | 7 | 26 | -72.6% |
| Cumulative Contribution | -91.5% |
Market Drivers
4/30/2023 to 5/19/2026| Return | Correlation | |
|---|---|---|
| SMSI | -91.5% | |
| Market (SPY) | 83.3% | 16.0% |
| Sector (XLK) | 134.5% | 13.3% |
Price Returns Compared
| 2021 | 2022 | 2023 | 2024 | 2025 | 2026 | Total [1] | |
|---|---|---|---|---|---|---|---|
| Returns | |||||||
| SMSI Return | -9% | -57% | -61% | -80% | -59% | 50% | -98% |
| Peers Return | 12% | -41% | -5% | -31% | 68% | 27% | -7% |
| S&P 500 Return | 27% | -19% | 24% | 23% | 16% | 8% | 97% |
Monthly Win Rates [3] | |||||||
| SMSI Win Rate | 42% | 8% | 42% | 50% | 33% | 80% | |
| Peers Win Rate | 61% | 33% | 56% | 42% | 56% | 73% | |
| S&P 500 Win Rate | 75% | 42% | 67% | 75% | 67% | 60% | |
Max Drawdowns [4] | |||||||
| SMSI Max Drawdown | -42% | -59% | -80% | -93% | -71% | -31% | |
| Peers Max Drawdown | -28% | -52% | -38% | -45% | -41% | -30% | |
| S&P 500 Max Drawdown | -5% | -25% | -10% | -8% | -19% | -9% | |
[1] Cumulative total returns since the beginning of 2021
[2] Peers: APPS, AKAM, VRSN.
[3] Win Rate = % of calendar months in which monthly returns were positive
[4] Max drawdown represents maximum peak-to-trough decline within a year
[5] 2026 data is for the year up to 5/19/2026 (YTD)
How Low Can It Go
| Event | SMSI | S&P 500 |
|---|---|---|
| 2020 COVID-19 Crash | ||
| % Loss | -41.0% | -33.7% |
| % Gain to Breakeven | 69.6% | 50.9% |
| Time to Breakeven | 266 days | 140 days |
| Q4 2018 Fed Policy Error / Growth Scare | ||
| % Loss | -34.6% | -19.2% |
| % Gain to Breakeven | 52.9% | 23.8% |
| Time to Breakeven | 85 days | 105 days |
| 2016-2017 Trump Reflation Bond Selloff | ||
| % Loss | -61.6% | -3.7% |
| % Gain to Breakeven | 160.7% | 3.9% |
| Time to Breakeven | 222 days | 6 days |
| 2015-2016 China Devaluation / Global Growth Scare | ||
| % Loss | -37.4% | -12.2% |
| % Gain to Breakeven | 59.6% | 13.9% |
| Time to Breakeven | 1175 days | 62 days |
| 2014-2016 Oil Price Collapse | ||
| % Loss | -48.0% | -6.8% |
| % Gain to Breakeven | 92.3% | 7.3% |
| Time to Breakeven | 1283 days | 15 days |
| 2013 Taper Tantrum | ||
| % Loss | -40.6% | -0.2% |
| % Gain to Breakeven | 68.3% | 0.2% |
| Time to Breakeven | 51 days | 1 days |
In The Past
Smith Micro Software's stock fell -41.0% during the 2020 COVID-19 Crash. Such a loss loss requires a 69.6% gain to breakeven.
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Asset Allocation
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| Event | SMSI | S&P 500 |
|---|---|---|
| 2020 COVID-19 Crash | ||
| % Loss | -41.0% | -33.7% |
| % Gain to Breakeven | 69.6% | 50.9% |
| Time to Breakeven | 266 days | 140 days |
| Q4 2018 Fed Policy Error / Growth Scare | ||
| % Loss | -34.6% | -19.2% |
| % Gain to Breakeven | 52.9% | 23.8% |
| Time to Breakeven | 85 days | 105 days |
| 2016-2017 Trump Reflation Bond Selloff | ||
| % Loss | -61.6% | -3.7% |
| % Gain to Breakeven | 160.7% | 3.9% |
| Time to Breakeven | 222 days | 6 days |
| 2015-2016 China Devaluation / Global Growth Scare | ||
| % Loss | -37.4% | -12.2% |
| % Gain to Breakeven | 59.6% | 13.9% |
| Time to Breakeven | 1175 days | 62 days |
| 2014-2016 Oil Price Collapse | ||
| % Loss | -48.0% | -6.8% |
| % Gain to Breakeven | 92.3% | 7.3% |
| Time to Breakeven | 1283 days | 15 days |
| 2013 Taper Tantrum | ||
| % Loss | -40.6% | -0.2% |
| % Gain to Breakeven | 68.3% | 0.2% |
| Time to Breakeven | 51 days | 1 days |
| 2008-2009 Global Financial Crisis | ||
| % Loss | -59.1% | -53.4% |
| % Gain to Breakeven | 144.7% | 114.4% |
| Time to Breakeven | 56 days | 1085 days |
| Summer 2007 Credit Crunch | ||
| % Loss | -20.7% | -8.6% |
| % Gain to Breakeven | 26.2% | 9.5% |
| Time to Breakeven | 8 days | 47 days |
In The Past
Smith Micro Software's stock fell -41.0% during the 2020 COVID-19 Crash. Such a loss loss requires a 69.6% gain to breakeven.
Preserve Wealth
Limiting losses and compounding gains is essential to preserving wealth.
Asset Allocation
Actively managed asset allocation strategies protect wealth. Learn more.
About Smith Micro Software (SMSI)
AI Analysis | Feedback
- Smith Micro is like the Google Family Link or Life360 for mobile carriers, enabling them to offer parental control and family safety features to their subscribers.
- They are like a specialized Twilio for mobile carriers, providing software platforms for enhanced messaging and digital security services.
AI Analysis | Feedback
- SafePath Product Suite: This suite (SafePath Family, SafePath IoT, SafePath Home) offers tools for protecting digital lifestyles and managing connected devices.
- CommSuite: A messaging platform enabling next-generation voicemail experiences and multi-language Voice-to-Text transcription for mobile subscribers.
- ViewSpot: A retail display management platform providing on-screen and interactive demos for wireless carriers and retailers.
- Technical Support and Customer Services: Provides support and services to its clients.
AI Analysis | Feedback
Smith Micro Software (SMSI) sells its software products and services primarily to other companies, specifically wireless carriers, mobile service providers, cable operators, and retailers. Based on the company's recent financial disclosures, its major customers are large wireless service providers.
- DISH Network (DISH): This customer, primarily through its Boost Mobile brand, accounts for a substantial portion of SMSI's revenue, particularly for the SafePath product suite.
- AT&T (T): A major wireless carrier that contributes significantly to SMSI's revenue, likely utilizing products such as CommSuite and potentially SafePath.
- T-Mobile (TMUS): Historically a significant customer, particularly for legacy CommSuite services, though its revenue contribution has seen a decline in recent periods.
AI Analysis | Feedback
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William W. Smith, Jr. President and Chief Executive Officer
William W. Smith, Jr. co-founded Smith Micro Software, Inc. in 1982 and has served as its President and Chief Executive Officer since its inception, and as Chairman of the Board since the company's IPO in 1995. He launched his career with companies such as RCA Computer Systems, Xerox Data Systems, and Rockwell International Corporation. Throughout Smith Micro's 43-year history, Mr. Smith has overseen more than 25 strategic acquisitions.
Timothy C. Huffmyer Chief Operating Officer and Chief Financial Officer
Timothy C. Huffmyer rejoined Smith Micro in June 2025 to serve as the company's Chief Operating Officer and Chief Financial Officer. He will assume the role of President and Chief Executive Officer effective March 31, 2026. Prior to rejoining Smith Micro, Mr. Huffmyer served as Chief Financial Officer of Urgent.ly Inc. from September 2021 through June 2025. He previously served as Smith Micro's Chief Financial Officer from June 2017 through September 2021. Earlier in his career, Mr. Huffmyer held various senior positions at Black Box Corporation, including Vice President, Chief Financial Officer, and Treasurer. He has participated in over 30 mergers, acquisitions, and divestitures throughout his career.
Bethany M. Braund Chief Financial Officer and Treasurer (effective March 31, 2026)
Bethany M. Braund will be appointed Chief Financial Officer and Treasurer of Smith Micro Software, Inc., effective March 31, 2026. Since November 2021, Ms. Braund has served the company in increasing areas of responsibility, most recently as Senior Director Financial Reporting. Before joining Smith Micro, she served in advancing roles within the assurance service line at Ernst & Young, LLP from August 2010 through November 2021.
Anup Kaneri Chief Product & Revenue Officer
As Chief Product & Revenue Officer, Anup Kaneri leads Smith Micro's Product Management and Sales organizations. Prior to joining Smith Micro in 2019, Mr. Kaneri worked in corporate venture capital, managing investments in emerging technology sectors. He also co-founded two successful startups focused on disruptive mobile platforms.
David Sperling Senior Vice President, Engineering and Chief Technology Officer
David Sperling has guided the evolution of secure, reliable, and scalable solutions for mobile and broadband networks at Smith Micro for over three decades. He holds multiple patents in connectivity technologies and is driving innovation in emerging technologies such such as AI, edge computing, and next-generation wireless.
AI Analysis | Feedback
Smith Micro Software (SMSI) faces several significant risks that could impact its business and financial performance.
- Severe Financial Health and Going Concern Risk: Smith Micro Software has a history of significant net losses, deeply negative operating margins, and ongoing capital-efficiency weakness. The company has been categorized as "Distressed" with a low GF Score and a negative Altman Z-Score, indicating potential financial instability and a high risk of bankruptcy within the next two years. The independent auditor has expressed substantial doubt about the company's ability to continue as a going concern without additional capital or successful execution of its plans. Furthermore, the company has received Nasdaq Minimum Bid Price non-compliance notices, which could lead to delisting if compliance is not regained.
- High Customer Concentration: A substantial portion of Smith Micro Software's revenue is derived from a very limited number of customers. For instance, in 2025, the three largest customers accounted for 60%, 21%, and 18% of the company's total revenue, respectively. This high customer concentration makes the company extremely vulnerable to the loss of any major customer, changes in contract terms, or reduced demand from these key clients, which could severely impact its financial results.
- Revenue Decline and Intense Competition/Technological Changes: Smith Micro Software has experienced a significant decline in revenue over recent years, including a 43.3% decrease over the past three years and a 16% drop in fiscal 2025 compared to 2024. Operating in the rapidly evolving technology sector, the company is exposed to intense competitive pressures and rapid technological changes. Product differentiation may be undermined as family-safety features become commoditized or integrated into operating system bundles, making it challenging to retain and acquire customers.
AI Analysis | Feedback
The primary clear emerging threats to Smith Micro Software (SMSI) arise from the increasing integration of competitive features directly into mobile operating systems and network hardware by major technology players:
- Operating System (OS) native parental controls and device management: Apple (with features like Screen Time and Family Sharing) and Google (with Family Link) continue to expand and enhance built-in parental control, digital well-being, and device management features directly into their iOS and Android operating systems. These native solutions often provide similar functionalities to SMSI's SafePath product suite, making it potentially less appealing for wireless and cable service providers to integrate and market a third-party solution.
- Operating System (OS) native voicemail-to-text and advanced messaging: Apple's Visual Voicemail with transcription and Google's advanced voicemail transcription (e.g., through Google Phone app's Call Screen feature) are directly integrated into the core mobile experience. These features offer the primary value proposition of SMSI's CommSuite, potentially diminishing the need for service providers to offer a separate, carrier-branded voicemail experience.
AI Analysis | Feedback
Smith Micro Software, Inc. (SMSI) develops and sells software solutions for wireless and cable service providers. The addressable markets for their main products are as follows:
SafePath Family, SafePath IoT, and SafePath Home Product Suite (Parental Control Software and Digital Wellbeing)
- The global parental control software market was valued at approximately USD 1.3 billion in 2021 and is projected to reach USD 4.3 billion by 2031, growing at a Compound Annual Growth Rate (CAGR) of 13% from 2021 to 2031. North America held the largest share of this market, accounting for 42% in 2026.
- A broader category, the global digital health and wellness market, was estimated at USD 498.99 billion in 2024 and is projected to reach approximately USD 3,568.11 billion by 2034, expanding at a CAGR of 21.92% between 2025 and 2034. North America dominates this market.
CommSuite (Messaging Platform and Voice-to-Text Transcription)
- The global mobile messaging market was estimated to be valued at USD 136.2 billion in 2025 and is projected to reach USD 595.8 billion by 2035, demonstrating a CAGR of 15.9% over the forecast period. North America and Asia-Pacific are key growth regions.
- More specifically for voicemail-to-text, the voicemail transcription services market was valued at USD 1,466.9 million (approximately USD 1.47 billion) in 2025.
- The voice-to-text on mobile devices market is estimated at USD 22.2 billion in 2025 and is projected to reach USD 183.5 billion by 2035, growing at a CAGR of 23.5% over the forecast period.
- The global speech-to-text API market was estimated at USD 3,813.5 million (approximately USD 3.81 billion) in 2024 and is projected to reach USD 8,569.4 million by 2030, with a CAGR of 14.4% from 2025 to 2030. North America held a 33.1% revenue share in 2024.
ViewSpot (Retail Display Management Platform)
- The global retail display market was valued at USD 38.99 billion in 2024 and is projected to reach USD 48.76 billion by 2034, with a CAGR of 2.26%.
- The global in-store analytics market is expected to reach USD 22.34 billion by 2032, rising at a CAGR of 21.4%. North America recorded a 37% revenue share in this market in 2024. Another source indicates the market size was USD 3.8 billion in 2023 and is expected to reach USD 25.9 billion by 2032, growing at a CAGR of 23.8% from 2024 to 2032.
- The global retail digital signage market is estimated at USD 6.24 billion in 2026, growing to USD 8.29 billion by 2031 at a 5.86% CAGR. North America leads this market with 37.45% of the revenue in 2025.
AI Analysis | Feedback
Smith Micro Software (SMSI) is expected to drive future revenue growth over the next 2-3 years through several key initiatives, primarily centered around its SafePath platform.
- Expansion and Adoption of the SafePath OS Platform, Including SafePath 8 with AI-Powered Features: The company's core strategy and investment thesis are heavily reliant on the successful execution and adoption of its SafePath OS platform, particularly the new AI-powered SafePath 8. This upgraded platform is expected to include advanced features such as AI-driven social media monitoring for parents and content filtering for AI chatbots. The continued development and uptake of these innovative features are anticipated to attract and retain subscribers through wireless and cable service providers.
- Securing New Carrier Contracts for SafePath OS: A significant driver of future revenue growth is Smith Micro's plan to bring new carrier customers to market. The company aims to launch with two new carrier customers by mid-2026, specifically driven by its SafePath OS product offerings. Management has expressed optimism regarding a "strong sales pipeline" which is expected to generate new opportunities in the latter half of 2026, indicating an expansion of its customer base.
- Strengthening and Expanding Relationships with Existing Tier 1 Carrier Partners for SafePath: Smith Micro is focused on enhancing its relationships with current major clients, such as AT&T. This involves exploring strategic opportunities beyond current offerings, especially as these carriers increase their focus on digital family safety solutions. Leveraging these existing partnerships for broader deployment of SafePath OS products is a crucial element of the company's growth strategy.
- Expansion into New Demographics with SafePath OS for Seniors: Beyond its traditional focus on families and children, Smith Micro is strategically expanding the SafePath OS platform to target the senior demographic. This move into the "SafePath OS for Seniors" market represents an opportunity to address a new, high-growth segment and further expand the company's total addressable market.
AI Analysis | Feedback
Smith Micro Software (SMSI) has made the following capital allocation decisions over the last 3-5 years:Share Issuance
- The number of shares outstanding for Smith Micro Software increased by 66.61% in one year.
- In 2025, Smith Micro Software raised approximately $5.4 million through separate equity and note financings to improve liquidity.
- The company completed a follow-on transaction in Q2 2025, resulting in proceeds of approximately $1.5 million before fees and expenses.
Inbound Investments
- Smith Micro Software, Inc. announced on March 4, 2026, that it expects to receive $4.9 million in funding.
- This investment was led by the CEO and Founder, Bill Smith.
Outbound Investments
- Smith Micro Software sold its ViewSpot product for $1.3 million in Q2 2025.
Capital Expenditures
- Capital expenditures for the fiscal year ended December 31, 2025, were $88,000.
- For the fiscal year ended December 31, 2024, capital expenditures were $20,000.
Latest Trefis Analyses
| Title | Date | |
|---|---|---|
| DASHBOARDS | ||
| Smith Micro Software Earnings Notes | 12/16/2025 | |
| Can Smith Micro Software Stock Recover If Markets Fall? | 10/17/2025 |
| Title | |
|---|---|
| ARTICLES |
Trade Ideas
Select ideas related to SMSI.
| Date | Ticker | Company | Category | Trade Strategy | 6M Fwd Rtn | 12M Fwd Rtn | 12M Max DD |
|---|---|---|---|---|---|---|---|
| 04302026 | PLTR | Palantir Technologies | Monopoly | MY | Getting CheaperMonopoly-Like with P/S DeclineLarge cap with monopoly-like margins or cash flow generation and getting cheaper based on P/S multiple | 0.0% | 0.0% | 0.0% |
| 04102026 | ADSK | Autodesk | Dip Buy | DB | FCFY OPMDip Buy with High FCF Yield and High MarginBuying dips for companies with high FCF yield and meaningfully high operating margin | 8.5% | 8.5% | 0.0% |
| 04102026 | BSY | Bentley Systems | Dip Buy | DB | FCFY OPMDip Buy with High FCF Yield and High MarginBuying dips for companies with high FCF yield and meaningfully high operating margin | 4.2% | 4.2% | 0.0% |
| 04102026 | ENPH | Enphase Energy | Dip Buy | DB | P/E OPMDip Buy with Low PE and High MarginBuying dips for companies with tame PE and meaningfully high operating margin | 5.7% | 5.7% | 0.0% |
| 04102026 | BL | BlackLine | Dip Buy | DB | CFO/Rev | Low D/EDip Buy with High Cash Flow MarginsBuying dips for companies with significant cash flows from operations and reasonable debt / market cap | 3.2% | 3.2% | -3.0% |
Research & Analysis
Invest in Strategies
Wealth Management
Peer Comparisons
| Peers to compare with: |
Financials
| Median | |
|---|---|
| Name | |
| Mkt Price | 72.75 |
| Mkt Cap | 10.5 |
| Rev LTM | 1,113 |
| Op Inc LTM | 299 |
| FCF LTM | 392 |
| FCF 3Y Avg | 379 |
| CFO LTM | 561 |
| CFO 3Y Avg | 492 |
Growth & Margins
| Median | |
|---|---|
| Name | |
| Rev Chg LTM | 6.5% |
| Rev Chg 3Y Avg | -1.2% |
| Rev Chg Q | 6.2% |
| QoQ Delta Rev Chg LTM | 1.5% |
| Op Inc Chg LTM | 15.8% |
| Op Inc Chg 3Y Avg | 0.3% |
| Op Mgn LTM | 8.0% |
| Op Mgn 3Y Avg | 5.3% |
| QoQ Delta Op Mgn LTM | 3.4% |
| CFO/Rev LTM | 23.0% |
| CFO/Rev 3Y Avg | 21.1% |
| FCF/Rev LTM | 10.7% |
| FCF/Rev 3Y Avg | 9.5% |
Valuation
| Median | |
|---|---|
| Name | |
| Mkt Cap | 10.5 |
| P/S | 3.0 |
| P/Op Inc | 29.6 |
| P/EBIT | 10.6 |
| P/E | 16.1 |
| P/CFO | 11.4 |
| Total Yield | -4.0% |
| Dividend Yield | 0.0% |
| FCF Yield 3Y Avg | -0.2% |
| D/E | 0.2 |
| Net D/E | 0.2 |
Returns
| Median | |
|---|---|
| Name | |
| 1M Rtn | 11.2% |
| 3M Rtn | 35.6% |
| 6M Rtn | 27.5% |
| 12M Rtn | -0.8% |
| 3Y Rtn | -17.3% |
| 1M Excs Rtn | 6.3% |
| 3M Excs Rtn | 27.5% |
| 6M Excs Rtn | 15.6% |
| 12M Excs Rtn | -24.0% |
| 3Y Excs Rtn | -92.3% |
Price Behavior
| Market Price | $0.79 | |
| Market Cap ($ Bil) | 0.0 | |
| First Trading Date | 09/19/1995 | |
| Distance from 52W High | -30.1% | |
| 50 Days | 200 Days | |
| DMA Price | $0.78 | $0.68 |
| DMA Trend | down | up |
| Distance from DMA | 0.9% | 17.0% |
| 3M | 1YR | |
| Volatility | 85.4% | 75.6% |
| Downside Capture | -207.73 | 232.24 |
| Upside Capture | 68.61 | 157.05 |
| Correlation (SPY) | -2.7% | 25.1% |
| 1M | 2M | 3M | 6M | 1Y | 3Y | |
|---|---|---|---|---|---|---|
| Beta | -0.87 | -0.35 | 0.27 | 1.01 | 1.43 | 1.21 |
| Up Beta | -0.23 | -0.29 | 0.54 | -0.09 | 0.21 | 0.42 |
| Down Beta | 4.82 | 2.16 | 2.26 | 1.67 | 1.71 | 1.50 |
| Up Capture | 20% | 28% | 40% | 157% | 181% | 52% |
| Bmk +ve Days | 15 | 22 | 31 | 66 | 141 | 428 |
| Stock +ve Days | 13 | 22 | 32 | 60 | 125 | 341 |
| Down Capture | -543% | -264% | -131% | 110% | 172% | 112% |
| Bmk -ve Days | 4 | 18 | 30 | 56 | 108 | 321 |
| Stock -ve Days | 9 | 21 | 31 | 64 | 125 | 388 |
[1] Upside and downside betas calculated using positive and negative benchmark daily returns respectively
Based On 1-Year Data
| Annualized Return | Annualized Volatility | Sharpe Ratio | Correlation with SMSI | |
|---|---|---|---|---|
| SMSI | -11.9% | 75.6% | 0.15 | - |
| Sector ETF (XLK) | 48.6% | 20.5% | 1.82 | 21.4% |
| Equity (SPY) | 25.0% | 12.1% | 1.55 | 25.4% |
| Gold (GLD) | 40.0% | 26.8% | 1.23 | -2.7% |
| Commodities (DBC) | 49.4% | 18.5% | 2.03 | 2.2% |
| Real Estate (VNQ) | 9.7% | 13.4% | 0.45 | 16.9% |
| Bitcoin (BTCUSD) | -25.6% | 41.9% | -0.59 | 21.4% |
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Based On 5-Year Data
| Annualized Return | Annualized Volatility | Sharpe Ratio | Correlation with SMSI | |
|---|---|---|---|---|
| SMSI | -54.6% | 97.7% | -0.40 | - |
| Sector ETF (XLK) | 22.4% | 24.8% | 0.79 | 20.0% |
| Equity (SPY) | 14.2% | 17.0% | 0.65 | 22.0% |
| Gold (GLD) | 19.3% | 18.0% | 0.87 | -1.6% |
| Commodities (DBC) | 11.0% | 19.4% | 0.45 | 4.2% |
| Real Estate (VNQ) | 4.0% | 18.8% | 0.11 | 16.9% |
| Bitcoin (BTCUSD) | 9.4% | 55.6% | 0.38 | 13.9% |
Smart multi-asset allocation framework can stack odds in your favor. Learn How
Based On 10-Year Data
| Annualized Return | Annualized Volatility | Sharpe Ratio | Correlation with SMSI | |
|---|---|---|---|---|
| SMSI | -29.2% | 88.4% | -0.01 | - |
| Sector ETF (XLK) | 24.6% | 24.4% | 0.91 | 21.6% |
| Equity (SPY) | 15.3% | 17.9% | 0.73 | 22.8% |
| Gold (GLD) | 13.0% | 16.0% | 0.67 | -1.2% |
| Commodities (DBC) | 8.4% | 17.9% | 0.38 | 7.0% |
| Real Estate (VNQ) | 5.1% | 20.7% | 0.21 | 17.7% |
| Bitcoin (BTCUSD) | 67.2% | 66.9% | 1.06 | 9.6% |
Smart multi-asset allocation framework can stack odds in your favor. Learn How
Returns Analyses
Earnings Returns History
Expand for More| Forward Returns | |||
|---|---|---|---|
| Earnings Date | 1D Returns | 5D Returns | 21D Returns |
| 3/4/2026 | 25.9% | 40.3% | 32.8% |
| 11/5/2025 | -12.6% | -1.3% | -5.2% |
| 8/6/2025 | -12.7% | -7.7% | -3.8% |
| 3/11/2025 | -34.1% | -23.8% | -26.7% |
| 11/13/2024 | -3.7% | -11.8% | -14.6% |
| 8/1/2024 | -20.2% | -56.5% | -75.1% |
| 5/8/2024 | -4.5% | 9.4% | -11.8% |
| 2/22/2024 | -40.5% | -53.4% | -55.9% |
| ... | |||
| SUMMARY STATS | |||
| # Positive | 6 | 8 | 5 |
| # Negative | 13 | 11 | 14 |
| Median Positive | 9.7% | 12.3% | 18.8% |
| Median Negative | -12.7% | -19.4% | -13.8% |
| Max Positive | 25.9% | 40.3% | 34.8% |
| Max Negative | -40.5% | -56.5% | -75.1% |
SEC Filings
Expand for More| Report Date | Filing Date | Filing |
|---|---|---|
| 03/31/2026 | 05/01/2026 | 10-Q |
| 12/31/2025 | 03/05/2026 | 10-K |
| 09/30/2025 | 11/05/2025 | 10-Q |
| 06/30/2025 | 08/07/2025 | 10-Q |
| 03/31/2025 | 05/08/2025 | 10-Q |
| 12/31/2024 | 03/12/2025 | 10-K |
| 09/30/2024 | 11/14/2024 | 10-Q |
| 06/30/2024 | 08/05/2024 | 10-Q |
| 03/31/2024 | 05/09/2024 | 10-Q |
| 12/31/2023 | 02/26/2024 | 10-K |
| 09/30/2023 | 11/09/2023 | 10-Q |
| 06/30/2023 | 08/10/2023 | 10-Q |
| 03/31/2023 | 05/12/2023 | 10-Q |
| 12/31/2022 | 03/23/2023 | 10-K |
| 09/30/2022 | 11/14/2022 | 10-Q |
| 06/30/2022 | 08/12/2022 | 10-Q |
Industry Resources
| Technology Hardware, Storage & Peripherals Resources |
| The Verge |
| TechRadar |
| Tom’s Hardware |
| PCMag |
| CNET |
External Quote Links
| Y Finance | Barrons |
| TradingView | Morningstar |
| SeekingAlpha | ValueLine |
| Motley Fool | Robinhood |
| CNBC | Etrade |
| MarketWatch | Unusual Whales |
| YCharts | Perplexity Finance |
| FinViz |
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