Q2 EPS Estimates for SoundThinking Lowered by Analyst

SoundThinking, Inc. (NASDAQ:SSTIFree Report) – Analysts at Northland Securities cut their Q2 2026 EPS estimates for SoundThinking in a research report issued on Friday, May 15th. Northland Securities analyst M. Latimore now anticipates 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.

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

Several other research firms also recently commented on SSTI. Wall Street Zen upgraded shares of SoundThinking from a “sell” rating to a “hold” rating in a report on Saturday, April 4th. Weiss Ratings reiterated a “sell (e+)” rating on shares of SoundThinking in a report on Friday, March 27th. Three research analysts have rated the stock with a Buy rating, three have issued a Hold rating and one has issued a Sell rating to the company’s stock. Based on data from MarketBeat.com, the company has an average rating of “Hold” and a consensus target price of $14.00.

Check Out Our Latest Report on SSTI

SoundThinking Stock Down 1.7%

Shares of SSTI stock opened at $6.51 on Tuesday. The firm has a market cap of $84.30 million, a PE 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 company’s fifty day simple moving average is $6.71 and its 200-day simple moving average is $7.24.

Insider Activity at SoundThinking

In related news, major shareholder Veradace Partners Lp acquired 105,880 shares of the firm’s stock in a transaction on Wednesday, February 18th. The shares were purchased at an average cost of $7.14 per share, for a total transaction of $755,983.20. Following the completion of the acquisition, the insider directly owned 2,008,368 shares in the company, valued at approximately $14,339,747.52. This trade represents a 5.57% increase in their ownership of the stock. The purchase was disclosed in a filing with the SEC, which is accessible through the SEC website. Insiders have acquired 137,417 shares of company stock valued at $979,843 in the last 90 days. 10.40% of the stock is owned by insiders.

Institutional Investors Weigh In On SoundThinking

Institutional investors have recently modified their holdings of the business. State of Wyoming bought a new stake in shares of SoundThinking in the second quarter valued at about $33,000. BNP Paribas Financial Markets boosted its position in shares of SoundThinking by 160.5% in the third quarter. BNP Paribas Financial Markets now owns 2,740 shares of the company’s stock valued at $33,000 after acquiring an additional 1,688 shares during the period. Royal Bank of Canada boosted its position in shares of SoundThinking by 88.6% in the first quarter. Royal Bank of Canada now owns 4,173 shares of the company’s stock valued at $28,000 after acquiring an additional 1,960 shares during the period. Strs Ohio bought a new stake in shares of SoundThinking in the first quarter valued at about $127,000. Finally, Wells Fargo & Company MN boosted its position in shares of SoundThinking by 78.1% in the fourth quarter. Wells Fargo & Company MN now owns 10,448 shares of the company’s stock valued at $84,000 after acquiring an additional 4,580 shares during the period. Institutional investors own 60.74% of the company’s stock.

SoundThinking Company Profile

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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.

See Also

Earnings History and Estimates for SoundThinking (NASDAQ:SSTI)

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