Semrush (SEMR) Stock Forecast, Price Target & Predictions


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SEMR Stock Forecast


Semrush stock forecast is as follows: an average price target of $19.50 (represents a 57.96% upside from SEMR’s last price of $12.35) and a rating consensus of 'Buy', based on 5 wall street analysts offering a 1-year stock forecast.

SEMR Price Target


The average price target for Semrush (SEMR) is $19.50 based on 1-year price targets from 5 Wall Street analysts in the past 3 months, with a price target range of $21.00 to $18.00. This represents a potential 57.96% upside from SEMR's last price of $12.35.

SEMR Analyst Ratings


Buy

According to 5 Wall Street analysts, Semrush's rating consensus is 'Buy'. The analyst rating breakdown for SEMR stock is 0 'Strong Buy' (0.00%), 5 'Buy' (100.00%), 0 'Hold' (0.00%), 0 'Sell' (0.00%), and 0 'Strong Sell' (0.00%).

Semrush Price Target by Analyst


DateAnalystCompanyPrice TargetPrice when PublishedPrice Target/Price when PublishedPrice Target/Last Closing Price
Oct 29, 2024Scott BergNeedham$18.00$12.9339.21%45.81%
Oct 02, 2024Jackson AderKeyBanc$21.00$15.2437.80%70.11%
Aug 06, 2024Jackson AderKeyBanc$19.00$13.5939.81%53.91%
May 07, 2024Brent ThillJefferies$17.00$14.6516.04%37.71%
Mar 20, 2024Jackson AderKeyBanc$17.00$11.6945.42%37.71%
Feb 07, 2024Brent ThillJefferies$15.00$12.4520.48%21.51%
Nov 16, 2022Scott BergNeedham$20.00$9.55109.42%62.01%
May 15, 2022Brent ThillJefferies$10.00$9.534.93%-19.00%
Apr 28, 2022Michael TuritsKeyBanc$13.00$10.1028.71%5.31%

The latest Semrush stock forecast, released on Oct 29, 2024 by Scott Berg from Needham, set a price target of $18.00, which represents a 39.21% increase from the stock price at the time of the forecast ($12.93), and a 45.81% increase from SEMR last price ($12.35).

Semrush Price Target by Period


1M3M12M
# Anlaysts-26
Avg Price Target-$19.50$17.83
Last Closing Price$12.35$12.35$12.35
Upside/Downside-100.00%57.96%44.43%

In the current month, the average price target of Semrush stock is -, according to 0 Wall Street analyst offering twelve months forecast. The average price target represents a -100.00% decrease as opposed to Semrush's last price of $12.35. This month's average price target is down -100.00% compared to last quarter, and down -100.00% compared to last year.

Analyst Ratings Upgrades/Downgrades


DateCompanyPrevious RatingNew RatingRating Change
Oct 29, 2024Goldman SachsUnderperformUnderperformHold
Oct 29, 2024NeedhamBuyBuyHold
Oct 02, 2024NeedhamBuyBuyHold
Oct 02, 2024KeyBancOverweightOverweightHold
Aug 06, 2024KeyBancOverweightOverweightHold
May 07, 2024JefferiesBuyBuyHold
Mar 06, 2024Sandler O'NeillBuyBuyHold
Feb 07, 2024JefferiesHoldBuyUpgrade
Dec 12, 2023NeedhamBuyBuyHold
Nov 16, 2022NeedhamBuyBuyHold
May 15, 2022JefferiesHoldHoldHold
May 11, 2022BarclaysBuyBuyHold
Apr 28, 2022KeyBancOverweightOverweightHold

Semrush's last stock rating was published by Goldman Sachs on Oct 29, 2024. The company gave SEMR a "Underperform" rating, the same as its previous rate.

Semrush Financial Forecast


Semrush Revenue Forecast

Dec 25Sep 25Jun 25Mar 25Dec 24Sep 24Jun 24Mar 24Dec 23Sep 23Jun 23Mar 23Dec 22Sep 22Jun 22Mar 22Dec 21Sep 21Jun 21Mar 21
Revenue--------$83.39M$78.72M$62.61M$70.87M$68.78M$65.79M$62.61M$57.13M$53.75M$49.25M$45.01M$40.00M
Avg Forecast$122.13M$116.79M$109.88M$104.23M$101.44M$96.64M$89.77M$85.04M$83.11M$78.73M$74.42M$70.36M$67.58M$63.97M$60.02M$55.99M$52.12M$47.48M$42.48M$37.58M
High Forecast$123.59M$118.19M$111.20M$105.58M$101.96M$96.71M$89.77M$85.05M$83.15M$78.75M$75.31M$71.20M$68.38M$63.97M$60.02M$55.99M$52.12M$47.48M$42.48M$37.58M
Low Forecast$120.82M$115.54M$108.70M$102.37M$101.17M$96.58M$89.77M$85.04M$83.02M$78.72M$73.62M$69.60M$66.85M$63.97M$60.02M$55.99M$52.12M$47.48M$42.48M$37.58M
# Analysts11134222422211112222
Surprise %--------1.00%1.00%0.84%1.01%1.02%1.03%1.04%1.02%1.03%1.04%1.06%1.06%

Semrush's average Quarter revenue forecast for Mar 24 based on 2 analysts is $85.04M, with a low forecast of $85.04M, and a high forecast of $85.05M. SEMR's average Quarter revenue forecast represents a 1.97% increase compared to the company's last Quarter revenue of $83.39M (Dec 23).

Semrush EBITDA Forecast

Dec 25Sep 25Jun 25Mar 25Dec 24Sep 24Jun 24Mar 24Dec 23Sep 23Jun 23Mar 23Dec 22Sep 22Jun 22Mar 22Dec 21Sep 21Jun 21Mar 21
# Analysts11134222422211112222
EBITDA--------$1.84M$2.75M$-2.33M$-7.32M$-11.58M$3.60M$1.48M$-1.14M$-3.92M$477.00K$849.00K$2.02M
Avg Forecast$-4.92M$-4.71M$-4.43M$-4.20M$-4.09M$-3.89M$-3.62M$5.13M$-3.35M$-3.17M$-3.00M$4.67M$-6.69M$-1.65M$-1.55M$4.24M$-1.35M$-1.23M$-1.10M$4.54M
High Forecast$-4.87M$-4.66M$-4.38M$-4.12M$-4.08M$-3.89M$-3.62M$6.16M$-3.35M$-3.17M$-2.97M$5.60M$-5.36M$-1.65M$-1.55M$5.09M$-1.35M$-1.23M$-1.10M$5.45M
Low Forecast$-4.98M$-4.76M$-4.48M$-4.25M$-4.11M$-3.90M$-3.62M$4.11M$-3.35M$-3.17M$-3.03M$3.73M$-8.03M$-1.65M$-1.55M$3.39M$-1.35M$-1.23M$-1.10M$3.63M
Surprise %---------0.55%-0.87%0.78%-1.57%1.73%-2.18%-0.95%-0.27%2.91%-0.39%-0.77%0.44%

2 analysts predict SEMR's average Quarter EBITDA for Mar 24 to be $5.13M, with a high of $6.16M and a low of $4.11M. This is 179.50% upper than Semrush's previous annual EBITDA (Dec 23) of $1.84M.

Semrush Net Income Forecast

Dec 25Sep 25Jun 25Mar 25Dec 24Sep 24Jun 24Mar 24Dec 23Sep 23Jun 23Mar 23Dec 22Sep 22Jun 22Mar 22Dec 21Sep 21Jun 21Mar 21
# Analysts11134222422211112222
Net Income--------$6.87M$4.21M$-8.28M$-9.86M$-13.90M$-9.09M$-8.28M$-2.57M$-3.86M$-615.00K$-279.00K$1.47M
Avg Forecast$16.72M$15.46M$12.78M$9.51M$10.16M$10.90M$10.16M$3.74M$5.12M$3.61M$-2.73M$3.40M$-6.60M$-13.18M$-9.57M$3.09M$-6.18M$-5.06M$-4.76M$3.31M
High Forecast$16.98M$15.70M$12.98M$11.10M$10.32M$11.15M$10.18M$4.49M$6.82M$3.63M$-2.69M$4.08M$-5.28M$-13.18M$-9.57M$3.71M$-6.18M$-5.06M$-4.76M$3.97M
Low Forecast$16.49M$15.24M$12.61M$7.93M$8.71M$10.65M$10.13M$3.00M$5.05M$3.59M$-2.77M$2.72M$-7.91M$-13.18M$-9.57M$2.48M$-6.18M$-5.06M$-4.76M$2.65M
Surprise %--------1.34%1.17%3.04%-2.90%2.11%0.69%0.87%-0.83%0.62%0.12%0.06%0.44%

Semrush's average Quarter net income forecast for Mar 24 is $3.74M, with a range of $3.00M to $4.49M. SEMR's average Quarter net income forecast represents a -45.53% decrease compared to the company's last Quarter net income of $6.87M (Dec 23).

Semrush SG&A Forecast

Dec 25Sep 25Jun 25Mar 25Dec 24Sep 24Jun 24Mar 24Dec 23Sep 23Jun 23Mar 23Dec 22Sep 22Jun 22Mar 22Dec 21Sep 21Jun 21Mar 21
# Analysts11134222422211112222
SG&A--------$51.66M$48.86M$49.63M$54.14M$56.99M$47.58M$45.11M$39.99M$39.01M$32.05M$28.82M$24.36M
Avg Forecast$83.78M$80.12M$75.38M$71.50M$69.58M$66.29M$61.58M$62.01M$57.01M$54.01M$51.05M$56.37M$66.63M$43.88M$41.17M$51.25M$35.75M$32.57M$29.14M$25.78M
High Forecast$84.78M$81.08M$76.28M$72.42M$69.94M$66.34M$61.58M$74.41M$57.04M$54.02M$51.66M$67.65M$79.95M$43.88M$41.17M$61.50M$35.75M$32.57M$29.14M$25.78M
Low Forecast$82.88M$79.26M$74.57M$70.22M$69.40M$66.25M$61.58M$49.61M$56.95M$54.00M$50.50M$45.10M$53.30M$43.88M$41.17M$41.00M$35.75M$32.57M$29.14M$25.78M
Surprise %--------0.91%0.90%0.97%0.96%0.86%1.08%1.10%0.78%1.09%0.98%0.99%0.94%

Semrush's average Quarter SG&A projection for Mar 24 is $62.01M, based on 2 Wall Street analysts, with a range of $49.61M to $74.41M. The forecast indicates a 20.05% rise compared to SEMR last annual SG&A of $51.66M (Dec 23).

Semrush EPS Forecast

Dec 25Sep 25Jun 25Mar 25Dec 24Sep 24Jun 24Mar 24Dec 23Sep 23Jun 23Mar 23Dec 22Sep 22Jun 22Mar 22Dec 21Sep 21Jun 21Mar 21
# Analysts11134222422211112222
EPS--------$0.05$0.03$-0.06$-0.07$-0.10$-0.06$-0.06$-0.02$-0.03$-0.00$-0.00$0.02
Avg Forecast$0.11$0.10$0.09$0.06$0.07$0.07$0.07$0.05$0.03$0.02$-0.02$-0.05$-0.08$-0.09$-0.06$-0.04$-0.04$-0.03$-0.03$-0.04
High Forecast$0.11$0.11$0.09$0.07$0.07$0.07$0.07$0.05$0.05$0.02$-0.02$-0.05$-0.08$-0.09$-0.06$-0.04$-0.04$-0.03$-0.03$-0.04
Low Forecast$0.11$0.10$0.08$0.05$0.06$0.07$0.07$0.05$0.03$0.02$-0.02$-0.05$-0.08$-0.09$-0.06$-0.04$-0.04$-0.03$-0.03$-0.04
Surprise %--------1.36%1.21%3.17%1.43%1.17%0.73%0.91%0.50%0.67%0.13%0.06%-0.35%

According to 2 Wall Street analysts, Semrush's projected average Quarter EPS for Mar 24 is $0.05, with a low estimate of $0.05 and a high estimate of $0.05. This represents a 6.84% increase compared to SEMR previous annual EPS of $0.05 (Dec 23).

Semrush Peer Comparison by Price Target


TickerCompanyLast Closing PriceAvg Price TargetUpside/DownsideAvg Rating
ONTFON24$6.68$18.00169.46%
VTEXVTEX$6.20$10.1363.39%Buy
SEMRSemrush$13.18$19.5047.95%Buy
PARPAR$78.06$101.6730.25%Buy
RSKDRiskified$4.85$6.0023.71%Hold
MNDYmonday$251.80$296.2517.65%Buy
BRZEBraze$44.75$51.2914.61%Buy
SMWBSimilarweb$13.48$15.0011.28%Buy
FRSHFreshworks$16.79$18.007.21%Buy
CWANClearwater Analytics$29.55$31.336.02%Buy
MLNKMeridianLink$22.18$22.752.57%Buy
LAWCS Disco$5.90$6.001.69%Hold
EXFYExpensify$3.86$2.50-35.23%Buy

SEMR Forecast FAQ


Is Semrush a good buy?

Yes, according to 5 Wall Street analysts, Semrush (SEMR) is considered a 'Buy'. The rating consensus is based on 0 'Strong Buy' and 5 'Buy' recommendations, accounting for 100.00% of SEMR's total ratings.

What is SEMR's price target?

Semrush (SEMR) average price target is $19.5 with a range of $18 to $21, implying a 57.96% from its last price of $12.35. The data is based on 5 Wall Street analysts who provided a twelve-month price target estimate in the last three months.

Will Semrush stock go up soon?

According to Wall Street analysts' prediction for SEMR stock, the company can go up by 57.96% (from the last price of $12.35 to the average price target of $19.5), up by 70.11% based on the highest stock price target, and up by 45.81% based on the lowest stock price target.

Can Semrush stock reach $20?

SEMR's highest twelve months analyst stock price target of $21 supports the claim that Semrush can reach $20 in the near future.

What are Semrush's analysts' financial forecasts?

Semrush's analysts financial forecasts for the fiscal year (Dec 2024) are as follows: average revenue is $372.89M (high $373.48M, low $372.55M), average EBITDA is $-6.465M (high $-5.425M, low $-7.515M), average net income is $34.96M (high $36.14M, low $32.49M), average SG&A $259.47M (high $272.28M, low $246.84M), and average EPS is $0.26 (high $0.264, low $0.248). SEMR's analysts financial forecasts for the fiscal year (Dec 2025) are as follows: average revenue is $453.03M (high $458.56M, low $447.42M), average EBITDA is $-18.255M (high $-18.029M, low $-18.478M), average net income is $54.48M (high $56.77M, low $52.27M), average SG&A $310.77M (high $314.56M, low $306.92M), and average EPS is $0.366 (high $0.382, low $0.352).

Did the SEMR's actual financial results beat the analysts' financial forecasts?

Based on Semrush's last annual report (Dec 2023), the company's revenue was $307.68M, beating the average analysts forecast of $306.63M by 0.34%. Apple's EBITDA was $415K, missing the average prediction of $-4.853M by -108.55%. The company's net income was $950K, missing the average estimation of $9.41M by -89.90%. Apple's SG&A was $204.28M, missing the average forecast of $218.45M by -6.49%. Lastly, the company's EPS was $0.0065, missing the average prediction of $-0.00819 by -179.41%. In terms of the last quarterly report (Dec 2023), Semrush's revenue was $83.39M, beating the average analysts' forecast of $83.11M by 0.34%. The company's EBITDA was $1.84M, missing the average prediction of $-3.349M by -154.85%. Semrush's net income was $6.87M, beating the average estimation of $5.12M by 34.30%. The company's SG&A was $51.66M, missing the average forecast of $57.01M by -9.39%. Lastly, the company's EPS was $0.0468, beating the average prediction of $0.0344 by 35.92%