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Smith Micro Software, Inc. (SMSI)

Technology | Software - Application | Pittsburgh, United States | NasdaqCM
2.91 USD -0.05 (-1.689%) ⇩ (Aug. 28, 2026, 4 p.m. EDT)
After hours: 2.91

Short-term:★★⯪☆☆Long-term:★☆☆☆☆Dividends:☆☆☆☆☆
Hot Take | Aug. 22, 2026, 4:15 a.m. EDT

The investment case for Smith Micro Software is currently broken by deteriorating fundamentals and a catastrophic multi-year price trajectory. Despite a recent quarterly revenue beat and a positive year-over-year price move, the company has suffered a nearly 97% decline over the last nine years, with five consecutive years of negative annual returns prior to the latest recovery. This deep structural decline suggests the market views the current business model as insufficient to sustain value, rendering any low valuation multiples misleading. The balance sheet is fragile, with negative free cash flow, negative operating cash flow, and negative returns on equity and assets. While the forward P/E looks attractive, it relies on a turnaround that has not yet materialized in terms of profitability. With no dividend to provide income and a statistical forecast showing a weak bearish lean, the security offers no clear edge for investors at these levels.

Model Selection — Backtest MAE (log-scale, lower is better)
ModelMAE
MSTL ✓0.403259
AutoETS0.409331
AutoARIMA0.409338
AutoTheta0.456143

Forecast horizon: 45 days | Selected: MSTL

Forecast Reliability
Score 33%
H-stat 4.13
Ljung-Box p 0.000
Jarque-Bera p 0.001
Excess Kurtosis 0.66
Attribute Value
Sector Technology
Debt to Equity Ratio 25.753
Revenue per Share 3.498
Market Cap 16,266,551
Forward P/E 6.33
Beta 0.72
Profit Margins -92.59%
Website https://www.smithmicro.com

As of Aug. 22, 2026, 4:15 a.m. EDT: Options activity is extremely thin with negligible volume and open interest across both calls and puts. Implied volatility is effectively zero, indicating a lack of speculative positioning or hedging activity. The market appears indifferent to near-term directional moves.


Info Dump

Attribute Value
52 Week Change -0.2135135
Address1 5,800 Corporate Drive
All Time High 5,120.0
All Time Low 2.05
Ask 3.75
Ask Size 2
Audit Risk 4
Average Daily Volume10 Day 16,950
Average Daily Volume3 Month 158,329
Average Volume 158,329
Average Volume10Days 16,950
Beta 0.718
Bid 2.16
Bid Size 2
Board Risk 9
Book Value 3.581
City Pittsburgh
Compensation As Of Epoch Date 1,767,139,200
Compensation Risk 7
Country United States
Crypto Tradeable 0
Currency USD
Current Price 2.91
Current Ratio 1.446
Custom Price Alert Confidence HIGH
Date Short Interest 1,786,665,600
Day High 3.0
Day Low 2.8683
Debt To Equity 25.753
Display Name Smith Micro Software
Dividend Date 1,471,392,000
Earnings Call Timestamp End 1,786,653,000
Earnings Call Timestamp Start 1,786,653,000
Earnings Timestamp 1,786,651,200
Earnings Timestamp End 1,793,822,400
Earnings Timestamp Start 1,793,822,400
Ebitda -9,345,000
Ebitda Margins -0.55347997
Enterprise To Ebitda -1.919
Enterprise To Revenue 1.062
Enterprise Value 17,935,550
Eps Current Year -0.67
Eps Forward 0.46
Eps Trailing Twelve Months -3.14
Esg Populated 0
Exchange NCM
Exchange Data Delayed By 0
Exchange Timezone Name America/New_York
Exchange Timezone Short Name EDT
Fifty Day Average 2.7484
Fifty Day Average Change 0.16160011
Fifty Day Average Change Percent 0.05879789
Fifty Two Week Change Percent -21.351349
Fifty Two Week High 4.65
Fifty Two Week High Change -1.74
Fifty Two Week High Change Percent -0.37419355
Fifty Two Week Low 2.05
Fifty Two Week Low Change 0.86000013
Fifty Two Week Low Change Percent 0.41951227
Fifty Two Week Range 2.05 - 4.65
Financial Currency USD
First Trade Date Milliseconds 811,517,400,000
Float Shares 4,118,344
Forward Eps 0.46
Forward P E 6.326087
Free Cashflow -2,101,625
Full Exchange Name NasdaqCM
Full Time Employees 118
Fullday Change -0.05
Fullday Change Percent -1.68919
Fullday Price 2.91
Gmt Off Set Milliseconds -14,400,000
Governance Epoch Date 1,785,542,400
Gross Margins 0.77499
Gross Profits 13,085,000
Has Pre Post Market Data 1
Held Percent Insiders 0.23732
Held Percent Institutions 0.09332
Implied Shares Outstanding 5,589,880
Industry Software - Application
Industry Disp Software - Application
Industry Key software-application
Is Earnings Date Estimate 0
Language en-US
Last Fiscal Year End 1,767,139,200
Last Split Date 1,780,617,600
Last Split Factor 1:5
Long Business Summary Smith Micro Software, Inc. develops and sells software solutions to simplify and enhance the mobile experience to wireless and cable service providers in the Americas, Europe, the Middle East, and Africa. The company offers SafePath OS, SafePath Kids, SafePath Family, SafePath Global, SafePath Drive, OS for senior phone, SafePath 8, drive, digital wellness, and SafePath IoT, which provides tools to protect digital lifestyles and manage connected devices inside and outside the home; and CommSuite, a messaging platform that helps mobile service provides deliver a next-generation voicemail experience to mobile subscribers, and CommSuite visual voicemail and premium visual voicemail, as well as enables multi-language voice-to-text (VTT) transcription messaging. It also engages in family safety cloud-based, and consulting services. Smith Micro Software, Inc. was founded in 1982 and is headquartered in Pittsburgh, Pennsylvania.
Long Name Smith Micro Software, Inc.
Market us_market
Market Cap 16,266,551
Market State CLOSED
Max Age 86,400
Message Board Id finmb_350676
Most Recent Quarter 1,782,777,600
Net Income To Common -16,488,000
Next Fiscal Year End 1,798,675,200
Non Diluted Market Cap 16,546,044
Number Of Analyst Opinions 2
Open 2.8683
Operating Cashflow -8,957,000
Operating Margins -0.54573
Overall Risk 7
Payout Ratio 0.0
Peg Ratio 1.25
Phone 412 837 5300
Post Market Change 0.0
Post Market Change Percent 0.0
Post Market Price 2.91
Post Market Time 1,787,959,805
Previous Close 2.96
Price Eps Current Year -4.3432837
Price Hint 4
Price To Book 0.8126222
Price To Sales Trailing12 Months 0.9634299
Profit Margins -0.92591006
Quick Ratio 1.151
Quote Source Name Nasdaq Real Time Price
Quote Type EQUITY
Recommendation Key none
Region US
Regular Market Change -0.05
Regular Market Change Percent -1.68919
Regular Market Day High 3.0
Regular Market Day Low 2.8683
Regular Market Day Range 2.8683 - 3.0
Regular Market Open 2.8683
Regular Market Previous Close 2.96
Regular Market Price 2.91
Regular Market Time 1,787,947,201
Regular Market Volume 15,361
Return On Assets -0.32875
Return On Equity -0.78661
Revenue Growth -0.018
Revenue Per Share 3.498
Sand P52 Week Change 0.20204377
Sector Technology
Sector Disp Technology
Sector Key technology
Share Holder Rights Risk 7
Shares Outstanding 5,589,880
Shares Percent Shares Out 0.0191
Shares Short 106,981
Shares Short Previous Month Date 1,784,073,600
Shares Short Prior Month 135,136
Short Name Smith Micro Software, Inc.
Short Percent Of Float 0.0251
Short Ratio 3.62
Source Interval 15
State PA
Symbol SMSI
Target High Price 12.0
Target Low Price 10.0
Target Mean Price 11.0
Target Median Price 11.0
Total Cash 2,795,000
Total Cash Per Share 0.5
Total Debt 4,464,000
Total Revenue 16,884,000
Tradeable 0
Trailing Annual Dividend Rate 0.0
Trailing Annual Dividend Yield 0.0
Trailing Eps -3.14
Trailing Peg Ratio None
Triggerable 1
Two Hundred Day Average 3.1794
Two Hundred Day Average Change -0.26939988
Two Hundred Day Average Change Percent -0.084732935
Type Disp Equity
Volume 15,361
Website https://www.smithmicro.com
Zip 15,237