Q2 EPS Forecast for SoundThinking Reduced by Analyst

SoundThinking, Inc. (NASDAQ:SSTI) – Equities research analysts at Northland Securities cut their Q2 2026 EPS estimates for SoundThinking in a research report issued to clients and investors on Friday, May 15th. Northland Securities analyst M. Latimore now forecasts that the company will post earnings of ($0.25) per share for the quarter, down from their prior estimate of ($0.13). The consensus estimate for SoundThinking’s current full-year earnings is ($0.45) per share. Northland Securities also issued estimates for SoundThinking’s Q3 2026 earnings at $0.03 EPS, Q4 2026 earnings at $0.13 EPS, FY2026 earnings at ($0.63) EPS, Q1 2027 earnings at ($0.15) EPS, Q2 2027 earnings at ($0.08) EPS, Q3 2027 earnings at ($0.01) EPS, Q4 2027 earnings at $0.06 EPS and FY2027 earnings at ($0.18) EPS.

A number of other equities research analysts also recently issued reports on the stock. Wall Street Zen upgraded shares of SoundThinking from a “sell” rating to a “hold” rating in a research note on Saturday, April 4th. Weiss Ratings reiterated a “sell (e+)” rating on shares of SoundThinking in a research note on Friday, March 27th. Three analysts have rated the stock with a Buy rating, three have given a Hold rating and one has issued a Sell rating to the company’s stock. According to MarketBeat, the stock presently has a consensus rating of “Hold” and a consensus price target of $14.00.

SoundThinking Stock Down 1.7%

Shares of SoundThinking stock opened at $6.51 on Tuesday. The company has a market capitalization of $84.30 million, a price-to-earnings ratio of -5.61 and a beta of 1.17. SoundThinking has a 12-month low of $5.78 and a 12-month high of $16.92. The firm’s 50-day moving average price is $6.71 and its two-hundred day moving average price is $7.24.

SoundThinking (NASDAQ:SSTI) last announced its quarterly earnings data on Thursday, May 14th. The company reported ($0.54) earnings per share (EPS) for the quarter, missing analysts’ consensus estimates of ($0.24) by ($0.30). The firm had revenue of $24.18 million for the quarter, compared to analyst estimates of $24.27 million. SoundThinking had a negative return on equity of 20.35% and a negative net margin of 14.95%.

Insider Activity at SoundThinking

In related news, major shareholder Veradace Partners Lp bought 105,880 shares of the company’s stock in a transaction dated Wednesday, February 18th. The stock was purchased at an average price of $7.14 per share, with a total value of $755,983.20. Following the completion of the acquisition, the insider owned 2,008,368 shares of the company’s stock, valued at $14,339,747.52. The trade was a 5.57% increase in their ownership of the stock. The purchase was disclosed in a filing with the Securities & Exchange Commission, which is available through the SEC website. Insiders have bought a total of 137,417 shares of company stock valued at $979,843 over the last three months. 10.40% of the stock is currently owned by corporate insiders.

Institutional Inflows and Outflows

Several hedge funds have recently added to or reduced their stakes in SSTI. Royal Bank of Canada raised its holdings in SoundThinking by 88.6% during the 1st quarter. Royal Bank of Canada now owns 4,173 shares of the company’s stock worth $28,000 after purchasing an additional 1,960 shares during the last quarter. State of Wyoming acquired a new stake in shares of SoundThinking during the 2nd quarter worth approximately $33,000. BNP Paribas Financial Markets grew its position in shares of SoundThinking by 160.5% during the 3rd quarter. BNP Paribas Financial Markets now owns 2,740 shares of the company’s stock worth $33,000 after buying an additional 1,688 shares during the period. Wells Fargo & Company MN grew its position in shares of SoundThinking by 78.1% during the 4th quarter. Wells Fargo & Company MN now owns 10,448 shares of the company’s stock worth $84,000 after buying an additional 4,580 shares during the period. Finally, Quadrature Capital Ltd acquired a new stake in shares of SoundThinking during the 4th quarter worth approximately $87,000. Institutional investors own 60.74% of the company’s stock.

About SoundThinking

SoundThinking, Inc, a public safety technology company that provides transformative solutions and strategic advisory services for law enforcement and civic leadership. Its SafetySmart Platform, an integrated suite of data-driven tools that enable law enforcement and community violence prevention and health organizations to be efficient in public safety outcomes. It offers ShotSpotter, an acoustic gunshot detection system; CrimeTracer, a law enforcement search engine; CaseBuilder, an investigation management system; and ResourceRouter, a software that directs patrol and community anti-violence resources to help maximize their impact.