Semrush (SEMR) Stock Forecast, Price Target & Predictions
SEMR Stock Forecast
Semrush stock forecast is as follows: an average price target of $18.67 (represents a 30.83% upside from SEMR’s last price of $14.27) 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 $18.67 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 $17.00. This represents a potential 30.83% upside from SEMR's last price of $14.27.
SEMR Analyst Ratings
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
| Date | Analyst | Company | Price Target | Price when Published | Price Target/Price when Published | Price Target/Last Closing Price |
|---|---|---|---|---|---|---|
| Oct 29, 2024 | Scott Berg | Needham | $18.00 | $12.93 | 39.21% | 26.14% |
| Oct 02, 2024 | Jackson Ader | KeyBanc | $21.00 | $15.24 | 37.80% | 47.16% |
| Aug 06, 2024 | Jackson Ader | KeyBanc | $19.00 | $13.59 | 39.81% | 33.15% |
| May 07, 2024 | Brent Thill | Jefferies | $17.00 | $14.65 | 16.04% | 19.13% |
| Mar 20, 2024 | Jackson Ader | KeyBanc | $17.00 | $11.69 | 45.42% | 19.13% |
| Feb 07, 2024 | Brent Thill | Jefferies | $15.00 | $12.45 | 20.48% | 5.12% |
| Nov 16, 2022 | Scott Berg | Needham | $20.00 | $9.55 | 109.42% | 40.15% |
| May 15, 2022 | Brent Thill | Jefferies | $10.00 | $9.53 | 4.93% | -29.92% |
| Apr 28, 2022 | Michael Turits | KeyBanc | $13.00 | $10.10 | 28.71% | -8.90% |
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 26.14% increase from SEMR last price ($14.27).
Semrush Price Target by Period
| 1M | 3M | 12M | |
|---|---|---|---|
| # Anlaysts | 1 | 2 | 6 |
| Avg Price Target | $18.00 | $19.50 | $17.83 |
| Last Closing Price | $14.27 | $14.27 | $14.27 |
| Upside/Downside | 26.14% | 36.65% | 24.95% |
In the current month, the average price target of Semrush stock is $18.00, according to 1 Wall Street analyst offering twelve months forecast. The average price target represents a 26.14% increase as opposed to Semrush's last price of $14.27. This month's average price target is down -7.69% compared to last quarter, and up 0.95% compared to last year.
Analyst Ratings Upgrades/Downgrades
| Date | Company | Previous Rating | New Rating | Rating Change |
|---|---|---|---|---|
| Oct 29, 2024 | Goldman Sachs | Underperform | Underperform | Hold |
| Oct 29, 2024 | Needham | Buy | Buy | Hold |
| Oct 02, 2024 | Needham | Buy | Buy | Hold |
| Oct 02, 2024 | KeyBanc | Overweight | Overweight | Hold |
| Aug 06, 2024 | KeyBanc | Overweight | Overweight | Hold |
| May 07, 2024 | Jefferies | Buy | Buy | Hold |
| Mar 06, 2024 | Sandler O'Neill | Buy | Buy | Hold |
| Feb 07, 2024 | Jefferies | Hold | Buy | Upgrade |
| Dec 12, 2023 | Needham | Buy | Buy | Hold |
| Nov 16, 2022 | Needham | Buy | Buy | Hold |
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 25 | Sep 25 | Jun 25 | Mar 25 | Dec 24 | Sep 24 | Jun 24 | Mar 24 | Dec 23 | Sep 23 | Jun 23 | Mar 23 | Dec 22 | Sep 22 | Jun 22 | Mar 22 | Dec 21 | Sep 21 | Jun 21 | Mar 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 | $123.39M | $117.99M | $111.01M | $105.58M | $101.96M | $96.71M | $89.77M | $85.05M | $83.15M | $78.75M | $75.19M | $71.08M | $68.27M | $63.97M | $60.02M | $55.99M | $52.12M | $47.48M | $42.48M | $37.58M |
| Low Forecast | $121.06M | $115.77M | $108.92M | $102.37M | $101.17M | $96.58M | $89.77M | $85.04M | $83.02M | $78.72M | $73.77M | $69.74M | $66.98M | $63.97M | $60.02M | $55.99M | $52.12M | $47.48M | $42.48M | $37.58M |
| # Analysts | 1 | 1 | 1 | 3 | 4 | 2 | 2 | 2 | 4 | 2 | 2 | 2 | 1 | 1 | 1 | 1 | 2 | 2 | 2 | 2 |
| 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 25 | Sep 25 | Jun 25 | Mar 25 | Dec 24 | Sep 24 | Jun 24 | Mar 24 | Dec 23 | Sep 23 | Jun 23 | Mar 23 | Dec 22 | Sep 22 | Jun 22 | Mar 22 | Dec 21 | Sep 21 | Jun 21 | Mar 21 | |
|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|
| # Analysts | 1 | 1 | 1 | 3 | 4 | 2 | 2 | 2 | 4 | 2 | 2 | 2 | 1 | 1 | 1 | 1 | 2 | 2 | 2 | 2 |
| 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 | $-4.86M | $-4.65M | $-4.38M | $-4.15M | $-4.04M | $-3.85M | $-3.58M | $5.13M | $-3.31M | $-3.14M | $-2.96M | $4.67M | $-6.69M | $-1.65M | $-1.55M | $4.24M | $-1.35M | $-1.23M | $-1.10M | $4.54M |
| High Forecast | $-4.82M | $-4.61M | $-4.34M | $-4.08M | $-4.03M | $-3.85M | $-3.58M | $6.16M | $-3.31M | $-3.14M | $-2.94M | $5.60M | $-5.36M | $-1.65M | $-1.55M | $5.09M | $-1.35M | $-1.23M | $-1.10M | $5.45M |
| Low Forecast | $-4.91M | $-4.70M | $-4.42M | $-4.20M | $-4.06M | $-3.85M | $-3.58M | $4.11M | $-3.31M | $-3.14M | $-2.99M | $3.73M | $-8.03M | $-1.65M | $-1.55M | $3.39M | $-1.35M | $-1.23M | $-1.10M | $3.63M |
| Surprise % | - | - | - | - | - | - | - | - | -0.55% | -0.88% | 0.79% | -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 25 | Sep 25 | Jun 25 | Mar 25 | Dec 24 | Sep 24 | Jun 24 | Mar 24 | Dec 23 | Sep 23 | Jun 23 | Mar 23 | Dec 22 | Sep 22 | Jun 22 | Mar 22 | Dec 21 | Sep 21 | Jun 21 | Mar 21 | |
|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|
| # Analysts | 1 | 1 | 1 | 3 | 4 | 2 | 2 | 2 | 4 | 2 | 2 | 2 | 1 | 1 | 1 | 1 | 2 | 2 | 2 | 2 |
| 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 | $16.95M | $15.67M | $12.96M | $11.10M | $10.29M | $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 | $16.53M | $15.28M | $12.64M | $7.93M | $8.71M | $10.65M | $10.13M | $3.00M | $5.06M | $3.59M | $-2.76M | $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 25 | Sep 25 | Jun 25 | Mar 25 | Dec 24 | Sep 24 | Jun 24 | Mar 24 | Dec 23 | Sep 23 | Jun 23 | Mar 23 | Dec 22 | Sep 22 | Jun 22 | Mar 22 | Dec 21 | Sep 21 | Jun 21 | Mar 21 | |
|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|
| # Analysts | 1 | 1 | 1 | 3 | 4 | 2 | 2 | 2 | 4 | 2 | 2 | 2 | 1 | 1 | 1 | 1 | 2 | 2 | 2 | 2 |
| 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 | $84.64M | $80.94M | $76.15M | $72.42M | $69.94M | $66.34M | $61.58M | $74.41M | $57.04M | $54.02M | $51.58M | $67.65M | $79.95M | $43.88M | $41.17M | $61.50M | $35.75M | $32.57M | $29.14M | $25.78M |
| Low Forecast | $83.05M | $79.41M | $74.72M | $70.22M | $69.40M | $66.25M | $61.58M | $49.61M | $56.95M | $54.00M | $50.60M | $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 25 | Sep 25 | Jun 25 | Mar 25 | Dec 24 | Sep 24 | Jun 24 | Mar 24 | Dec 23 | Sep 23 | Jun 23 | Mar 23 | Dec 22 | Sep 22 | Jun 22 | Mar 22 | Dec 21 | Sep 21 | Jun 21 | Mar 21 | |
|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|
| # Analysts | 1 | 1 | 1 | 3 | 4 | 2 | 2 | 2 | 4 | 2 | 2 | 2 | 1 | 1 | 1 | 1 | 2 | 2 | 2 | 2 |
| 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 | $0.09 | $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
| Ticker | Company | Last Closing Price | Avg Price Target | Upside/Downside | Avg Rating |
|---|---|---|---|---|---|
| EXFY | Expensify | $3.07 | $13.75 | 347.88% | Buy |
| LAW | CS Disco | $5.44 | $24.14 | 343.75% | Hold |
| ONTF | ON24 | $6.25 | $18.00 | 188.00% | - |
| VTEX | VTEX | $6.28 | $10.13 | 61.31% | Buy |
| BRZE | Braze | $36.02 | $55.77 | 54.83% | Buy |
| FRSH | Freshworks | $15.28 | $22.08 | 44.50% | Buy |
| SEMR | Semrush | $14.27 | $18.67 | 30.83% | Buy |
| RSKD | Riskified | $4.44 | $5.67 | 27.70% | Hold |
| MNDY | monday | $260.15 | $279.31 | 7.36% | Buy |
| SMWB | Similarweb | $12.23 | $12.67 | 3.60% | Buy |
| MLNK | MeridianLink | $22.06 | $22.75 | 3.13% | Buy |
| PAR | PAR | $76.06 | $73.38 | -3.52% | Buy |
| CWAN | Clearwater Analytics | $30.90 | $28.50 | -7.77% | Buy |
| WKME | WalkMe | $13.96 | $12.71 | -8.95% | Hold |