Smith Micro Software found using ticker (SMSI) now have 4 analysts covering the stock with the consensus suggesting a rating of ‘Buy’. The target price ranges between 9.5 and 5.5 and has a mean target at 7.25. With the stocks previous close at 5.48 this indicates there is a potential upside of 32.3%. The 50 day moving average now sits at 5.18 and the 200 day MA is 4.33. The market capitalisation for the company is $219m. Company Website: http://www.smithmicro.com
The potential market cap would be $290m based on the market concensus.
Smith Micro Software develops and sells software to enhance the mobile experience to wireless and cable service providers worldwide. The company provides SafePath Family, a platform that provides family real time location, protection, and parental control services; and SafePath Internet of Things, a platform that enables mobile service providers to deliver a connected digital life experience through child and elderly wearable locators, pet trackers, car trackers, and connected home security devices. It also offers SafePath Home, a cloud managed platform that extends to connected devices in the home through a router agent that integrates with 5G modems and broadband routers to enable parental controls and remote monitoring; and CommSuite that allows users to manage voice messages, as well as voice-to-text transcription messaging. In addition, the company provides ViewSpot, a retail display management platform that provides on-screen and interactive demos to wireless carriers and retailers, as well as offers analytical capabilities; and technical support and customer services. Smith Micro Software was founded in 1982 and is headquartered in Pittsburgh, Pennsylvania.
