Smith Micro Software, Inc. (SMSI)Technology | Software - Application | Pittsburgh, United States | NasdaqCM
2.59 USD
-0.09
(-3.358%) ⇩
(July 13, 2026, 4 p.m.
EDT)
|
Hot Take ↕ | July 11, 2026, 3:01 a.m. EDT
The investment case for Smith Micro Software is currently broken by a catastrophic multi-year decline and deteriorating fundamentals. The stock has lost nearly 95% of its value over the last nine years, with four consecutive years of negative annual returns, signaling a structural failure in the business model rather than a temporary market dislocation. Fundamentally, the company is bleeding cash with negative operating margins, negative free cash flow, and a shrinking revenue base. While the forward P/E appears attractive at 2.7x, this is a mathematical artifact of negative trailing earnings and does not reflect actual profitability. The balance sheet is fragile, with debt significantly exceeding cash reserves. Technically, the stock is trading well below its moving averages, confirming the bearish trend. Options activity reinforces this pessimism, with traders buying heavy insurance against further drops while offering almost no leverage for a rally. There is no catalyst visible to reverse this trajectory, making this a clear avoidance. |
| Model | MAE |
|---|---|
| AutoETS ✓ | 0.148717 |
| MSTL | 0.149375 |
| AutoTheta | 0.171295 |
| AutoARIMA | 0.400295 |
Forecast horizon: 45 days | Selected: AutoETS
| Forecast Reliability | |
|---|---|
| Score | 34% |
| H-stat | 21.42 |
| Ljung-Box p | 0.000 |
| Jarque-Bera p | 0.055 |
| Excess Kurtosis | -1.16 |
| Attribute | Value |
|---|---|
| Sector | Technology |
| Debt to Equity Ratio | 20.592 |
| Revenue per Share | 3.774 |
| Market Cap | 14,477,789 |
| Forward P/E | 2.59 |
| Beta | 0.72 |
| Profit Margins | -165.34% |
| Website | https://www.smithmicro.com |
As of July 11, 2026, 3:01 a.m. EDT: Speculators are overwhelmingly positioned for downside protection, evidenced by massive open interest in deep out-of-the-money puts relative to negligible call volume. Implied volatility is extremely elevated for puts (17%) compared to calls (6%), indicating a market consensus expecting significant further price weakness rather than a rebound.
| Attribute | Value |
|---|---|
| 52 Week Change | -0.52566373 |
| Address1 | 5,800 Corporate Drive |
| All Time High | 5,120.0 |
| All Time Low | 2.05 |
| Ask | 3.25 |
| Ask Size | 2 |
| Audit Risk | 4 |
| Average Daily Volume10 Day | 48,240 |
| Average Daily Volume3 Month | 160,280 |
| Average Volume | 160,280 |
| Average Volume10Days | 48,240 |
| Beta | 0.715 |
| Bid | 1.88 |
| Bid Size | 2 |
| Board Risk | 9 |
| Book Value | 0.713 |
| City | Pittsburgh |
| Compensation As Of Epoch Date | 1,767,139,200 |
| Compensation Risk | 7 |
| Country | United States |
| Crypto Tradeable | 0 |
| Currency | USD |
| Current Price | 2.59 |
| Current Ratio | 1.369 |
| Custom Price Alert Confidence | HIGH |
| Date Short Interest | 1,782,777,600 |
| Day High | 2.645 |
| Day Low | 2.48 |
| Debt To Equity | 20.592 |
| Display Name | Smith Micro Software |
| Dividend Date | 1,471,392,000 |
| Earnings Call Timestamp End | 1,777,494,600 |
| Earnings Call Timestamp Start | 1,777,494,600 |
| Earnings Timestamp | 1,777,492,800 |
| Earnings Timestamp End | 1,777,492,800 |
| Earnings Timestamp Start | 1,777,492,800 |
| Ebitda | -12,114,000 |
| Ebitda Margins | -0.71414 |
| Enterprise To Ebitda | -1.261 |
| Enterprise To Revenue | 0.9 |
| Enterprise Value | 15,273,738 |
| Eps Current Year | -0.4 |
| Eps Forward | 1.0 |
| Eps Trailing Twelve Months | -6.65 |
| Esg Populated | 0 |
| Exchange | NCM |
| Exchange Data Delayed By | 0 |
| Exchange Timezone Name | America/New_York |
| Exchange Timezone Short Name | EDT |
| Fifty Day Average | 3.6174 |
| Fifty Day Average Change | -1.0274 |
| Fifty Day Average Change Percent | -0.28401616 |
| Fifty Two Week Change Percent | -52.566372 |
| Fifty Two Week High | 6.5 |
| Fifty Two Week High Change | -3.91 |
| Fifty Two Week High Change Percent | -0.6015385 |
| Fifty Two Week Low | 2.05 |
| Fifty Two Week Low Change | 0.53999996 |
| Fifty Two Week Low Change Percent | 0.26341462 |
| Fifty Two Week Range | 2.05 - 6.5 |
| Financial Currency | USD |
| First Trade Date Milliseconds | 811,517,400,000 |
| Float Shares | 4,661,723 |
| Forward Eps | 1.0 |
| Forward P E | 2.59 |
| Free Cashflow | -2,642,125 |
| Full Exchange Name | NasdaqCM |
| Full Time Employees | 118 |
| Gmt Off Set Milliseconds | -14,400,000 |
| Governance Epoch Date | 1,782,864,000 |
| Gross Margins | 0.75488 |
| Gross Profits | 12,805,000 |
| Has Pre Post Market Data | 1 |
| Held Percent Insiders | 0.25978002 |
| Held Percent Institutions | 0.07775 |
| 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 | 14,477,789 |
| Market State | PRE |
| Max Age | 86,400 |
| Message Board Id | finmb_350676 |
| Most Recent Quarter | 1,774,915,200 |
| Net Income To Common | -28,815,000 |
| Next Fiscal Year End | 1,798,675,200 |
| Non Diluted Market Cap | 14,338,042 |
| Number Of Analyst Opinions | 2 |
| Open | 2.63 |
| Operating Cashflow | -10,343,000 |
| Operating Margins | -0.79910004 |
| Overall Risk | 7 |
| Payout Ratio | 0.0 |
| Peg Ratio | 1.25 |
| Phone | 412 837 5300 |
| Previous Close | 2.68 |
| Price Eps Current Year | -6.475 |
| Price Hint | 4 |
| Price To Book | 3.6325386 |
| Price To Sales Trailing12 Months | 0.85349226 |
| Profit Margins | -1.65336 |
| Quick Ratio | 1.066 |
| Quote Source Name | Nasdaq Real Time Price |
| Quote Type | EQUITY |
| Recommendation Key | none |
| Region | US |
| Regular Market Change | -0.0900002 |
| Regular Market Change Percent | -3.35821 |
| Regular Market Day High | 2.645 |
| Regular Market Day Low | 2.48 |
| Regular Market Day Range | 2.48 - 2.645 |
| Regular Market Open | 2.63 |
| Regular Market Previous Close | 2.68 |
| Regular Market Price | 2.59 |
| Regular Market Time | 1,783,972,800 |
| Regular Market Volume | 102,451 |
| Return On Assets | -0.31465998 |
| Return On Equity | -1.0216401 |
| Revenue Growth | -0.087 |
| Revenue Per Share | 3.774 |
| Sand P52 Week Change | 0.20847368 |
| Sector | Technology |
| Sector Disp | Technology |
| Sector Key | technology |
| Share Holder Rights Risk | 7 |
| Shares Outstanding | 5,589,880 |
| Shares Percent Shares Out | 0.024400001 |
| Shares Short | 124,477 |
| Shares Short Previous Month Date | 1,780,012,800 |
| Shares Short Prior Month | 95,053 |
| Short Name | Smith Micro Software, Inc. |
| Short Percent Of Float | 0.0328 |
| Short Ratio | 0.3 |
| Source Interval | 15 |
| State | PA |
| Symbol | SMSI |
| Target High Price | 20.0 |
| Target Low Price | 12.5 |
| Target Mean Price | 16.25 |
| Target Median Price | 16.25 |
| Total Cash | 1,742,000 |
| Total Cash Per Share | 0.341 |
| Total Debt | 3,777,000 |
| Total Revenue | 16,963,000 |
| Tradeable | 0 |
| Trailing Annual Dividend Rate | 0.0 |
| Trailing Annual Dividend Yield | 0.0 |
| Trailing Eps | -6.65 |
| Trailing Peg Ratio | None |
| Triggerable | 1 |
| Two Hundred Day Average | 3.33585 |
| Two Hundred Day Average Change | -0.7458501 |
| Two Hundred Day Average Change Percent | -0.22358622 |
| Type Disp | Equity |
| Volume | 102,451 |
| Website | https://www.smithmicro.com |
| Zip | 15,237 |