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Smith Micro Software, Inc. (SMSI)

Technology | Software - Application | Pittsburgh, United States | NasdaqCM
0.73 USD -0.01 (-0.912%) ⇩ (April 21, 2026, 4 p.m. EDT)
After hours: 0.73

Short-term: ★☆☆☆☆ | Long-term: ☆☆☆☆☆ | Dividends: ☆☆☆☆☆
Hot Take | April 18, 2026, 11:04 p.m. EDT

Smith Micro is a dying franchise with negative earnings, shrinking revenue, and a balance sheet drowning in debt relative to equity. The fundamental outlook is a total avoid; the recent refund of PIN to dividends and cyclical license failures make it a value trap. While the cheap calls imply a binary 'flip-or flop' gamble for speculators, the high probability of continued erosion makes SMSI a high-risk, low-reward name that should be ignored by rational capital.

Model Selection — Backtest MAE (log-scale, lower is better)
ModelMAE
AutoETS ✓0.196444
MSTL0.196519
AutoTheta0.217232
AutoARIMA0.256662

Forecast horizon: 45 days | Selected: AutoETS

Forecast Reliability
Score 44%
H-stat 11.27
Ljung-Box p 0.000
Jarque-Bera p 0.180
Excess Kurtosis -1.35
Attribute Value
Sector Technology
Debt to Equity Ratio 12.713
Revenue per Share 0.843
Market Cap 18,763,206
Forward P/E 3.64
Beta 0.50
Profit Margins -168.91%
Website https://www.smithmicro.com

As of April 18, 2026, 11:04 p.m. EDT: Speculators are aggressively positioning for downside protection. There is significant new volume in $2.00 puts (50 contracts) just before expiry, exceeding existing open interest, indicating active short hedging or a 'naked short' bet against a drop to under $1. Conversely, call interest is overwhelmingly focused on the extremely speculative $2.00 strike for later expirations, with zero activity in lower strikes. This suggests investors view the current ~$0.71 price as an immediate risk and are buying deep out-of-the-money calls only in hopes of a massive, speculative moonshot, while capturing downside insurance.


Info Dump

Attribute Value
52 Week Change -0.29523808
Address1 5,800 Corporate Drive
All Time High 1,024.0
All Time Low 0.41
Ask 0.752
Ask Size 1
Audit Risk 3
Average Daily Volume10 Day 76,230
Average Daily Volume3 Month 323,845
Average Volume 323,845
Average Volume10Days 76,230
Beta 0.496
Bid 0.6994
Bid Size 1
Board Risk 9
Book Value 0.713
City Pittsburgh
Compensation As Of Epoch Date 1,767,139,200
Compensation Risk 6
Country United States
Crypto Tradeable 0
Currency USD
Current Price 0.7283
Current Ratio 0.74
Custom Price Alert Confidence HIGH
Date Short Interest 1,774,915,200
Day High 0.75
Day Low 0.71
Debt To Equity 12.713
Display Name Smith Micro Software
Dividend Date 1,471,392,000
Earnings Call Timestamp End 1,772,659,800
Earnings Call Timestamp Start 1,772,659,800
Earnings Timestamp 1,772,658,000
Earnings Timestamp End 1,778,097,600
Earnings Timestamp Start 1,778,097,600
Ebitda -13,847,000
Ebitda Margins -0.7975
Enterprise To Ebitda -1.428
Enterprise To Revenue 1.139
Enterprise Value 19,779,818
Eps Current Year -0.01
Eps Forward 0.2
Eps Trailing Twelve Months -1.41
Esg Populated 0
Exchange NCM
Exchange Data Delayed By 0
Exchange Timezone Name America/New_York
Exchange Timezone Short Name EDT
Fifty Day Average 0.653
Fifty Day Average Change 0.07529998
Fifty Day Average Change Percent 0.1153139
Fifty Two Week Change Percent -29.523808
Fifty Two Week High 1.3
Fifty Two Week High Change -0.5717
Fifty Two Week High Change Percent -0.43976924
Fifty Two Week Low 0.41
Fifty Two Week Low Change 0.31829998
Fifty Two Week Low Change Percent 0.77634144
Fifty Two Week Range 0.41 - 1.3
Financial Currency USD
First Trade Date Milliseconds 811,517,400,000
Float Shares 18,852,347
Forward Eps 0.2
Forward P E 3.6414998
Free Cashflow 854,875
Full Exchange Name NasdaqCM
Full Time Employees 118
Gmt Off Set Milliseconds -14,400,000
Governance Epoch Date 1,775,001,600
Gross Margins 0.74054
Gross Profits 12,858,000
Has Pre Post Market Data 1
Held Percent Insiders 0.25976
Held Percent Institutions 0.08798
Implied Shares Outstanding 25,763,019
Industry Software - Application
Industry Disp Software - Application
Industry Key software-application
Ir Website http://www.smithmicro.com/about/investorrelations.aspx
Is Earnings Date Estimate 1
Language en-US
Last Fiscal Year End 1,767,139,200
Last Split Date 1,712,793,600
Last Split Factor 1:8
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 18,763,206
Market State POSTPOST
Max Age 86,400
Message Board Id finmb_350676
Most Recent Quarter 1,767,139,200
Net Income To Common -30,096,000
Next Fiscal Year End 1,798,675,200
Non Diluted Market Cap 18,823,361
Number Of Analyst Opinions 2
Open 0.74
Operating Cashflow -7,193,000
Operating Margins -1.09814
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 0.7283
Post Market Time 1,776,801,845
Previous Close 0.735
Price Eps Current Year -72.83
Price Hint 4
Price To Book 1.0214586
Price To Sales Trailing12 Months 1.080643
Profit Margins -1.68905
Quick Ratio 0.541
Quote Source Name Nasdaq Real Time Price
Quote Type EQUITY
Recommendation Key none
Region US
Regular Market Change -0.00670004
Regular Market Change Percent -0.91157
Regular Market Day High 0.75
Regular Market Day Low 0.71
Regular Market Day Range 0.71 - 0.75
Regular Market Open 0.74
Regular Market Previous Close 0.735
Regular Market Price 0.7283
Regular Market Time 1,776,801,600
Regular Market Volume 37,694
Return On Assets -0.32948002
Return On Equity -0.99167997
Revenue Growth -0.2
Revenue Per Share 0.843
Sand P52 Week Change 0.34445214
Sector Technology
Sector Disp Technology
Sector Key technology
Share Holder Rights Risk 7
Shares Outstanding 25,610,016
Shares Percent Shares Out 0.0106
Shares Short 272,448
Shares Short Previous Month Date 1,772,150,400
Shares Short Prior Month 178,428
Short Name Smith Micro Software, Inc.
Short Percent Of Float 0.0128999995
Short Ratio 0.48
Source Interval 15
State PA
Symbol SMSI
Target High Price 3.0
Target Low Price 2.0
Target Mean Price 2.5
Target Median Price 2.5
Total Cash 1,494,000
Total Cash Per Share 0.058
Total Debt 2,338,000
Total Revenue 17,363,000
Tradeable 0
Trailing Annual Dividend Rate 0.0
Trailing Annual Dividend Yield 0.0
Trailing Eps -1.41
Trailing Peg Ratio None
Triggerable 1
Two Hundred Day Average 0.6805
Two Hundred Day Average Change 0.047800004
Two Hundred Day Average Change Percent 0.07024248
Type Disp Equity
Volume 37,694
Website https://www.smithmicro.com
Zip 15,237