SEMrush (NYSE:SEMR) Sees Strong Trading Volume – Here’s What Happened

SEMrush Holdings, Inc. (NYSE:SEMR) saw an uptick in trading volume on Wednesday . 2,175,412 shares were traded during mid-day trading, an increase of 104% from the previous session’s volume of 1,068,570 shares.The stock last traded at $11.90 and had previously closed at $11.94.

Wall Street Analysts Forecast Growth

Several brokerages recently weighed in on SEMR. Wall Street Zen upgraded SEMrush from a “hold” rating to a “buy” rating in a report on Saturday, November 8th. KeyCorp lowered SEMrush from a “strong-buy” rating to a “hold” rating in a research note on Wednesday, November 19th. Needham & Company LLC cut shares of SEMrush from a “moderate buy” rating to a “hold” rating in a report on Wednesday, November 19th. Zacks Research raised shares of SEMrush from a “strong sell” rating to a “hold” rating in a research note on Monday, October 6th. Finally, Northland Capmk lowered shares of SEMrush from a “strong-buy” rating to a “hold” rating in a report on Wednesday, November 19th. Five equities research analysts have rated the stock with a Hold rating and one has issued a Sell rating to the company’s stock. According to data from MarketBeat.com, SEMrush presently has a consensus rating of “Reduce”.

SEMrush Price Performance

The stock’s 50-day moving average is $10.65. The stock has a market capitalization of $1.77 billion, a price-to-earnings ratio of -594.50 and a beta of 1.55.

SEMrush (NYSE:SEMR) last announced its earnings results on Wednesday, November 5th. The company reported ($0.01) earnings per share (EPS) for the quarter, hitting the consensus estimate of ($0.01). SEMrush had a negative return on equity of 1.60% and a negative net margin of 1.05%.The firm had revenue of $112.08 million during the quarter, compared to analyst estimates of $111.53 million.

About SEMrush

SEMrush is a software-as-a-service (SaaS) provider specializing in online visibility management and digital marketing analytics. Its cloud-based platform offers tools for search engine optimization (SEO), pay-per-click (PPC) advertising research, content marketing, social media management, and competitive intelligence. By aggregating data across search engines, advertising networks, and social platforms, the company enables marketers to track keyword rankings, audit websites, analyze backlink profiles, and uncover competitor strategies.

The company’s flagship offering, the SEMrush toolkit, includes modules for keyword research, site auditing, position tracking, backlink analysis, and content optimization.