SoundThinking, Inc. (NASDAQ:SSTI) Given Consensus Rating of “Hold” by Analysts

SoundThinking, Inc. (NASDAQ:SSTI) has received an average recommendation of “Hold” from the seven ratings firms that are covering the company, Marketbeat Ratings reports. One equities research analyst has rated the stock with a sell recommendation, three have assigned a hold recommendation and three have issued a buy recommendation on the company. The average 1 year target price among brokers that have updated their coverage on the stock in the last year is $14.00.

A number of equities analysts have 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 restated a “sell (e+)” rating on shares of SoundThinking in a research note on Friday, March 27th.

Insider Activity

In other SoundThinking news, major shareholder Veradace Partners Lp acquired 105,880 shares of the company’s stock in a transaction dated Wednesday, February 18th. The stock was bought at an average price of $7.14 per share, for a total transaction of $755,983.20. Following the purchase, the insider owned 2,008,368 shares in the company, valued at $14,339,747.52. This represents a 5.57% increase in their position. The transaction was disclosed in a filing with the SEC, which is available through this link. In the last ninety days, insiders have acquired 137,417 shares of company stock valued at $979,843. Corporate insiders own 10.40% of the company’s stock.

Hedge Funds Weigh In On SoundThinking

Hedge funds have recently made changes to their positions in the business. Kopion Asset Management LLC raised its stake in shares of SoundThinking by 52.1% in the 4th quarter. Kopion Asset Management LLC now owns 972,108 shares of the company’s stock valued at $7,806,000 after buying an additional 333,170 shares in the last quarter. Yost Capital Management LP raised its stake in shares of SoundThinking by 62.3% in the 3rd quarter. Yost Capital Management LP now owns 292,200 shares of the company’s stock valued at $3,524,000 after buying an additional 112,200 shares in the last quarter. BNP Paribas Financial Markets raised its stake in shares of SoundThinking by 160.5% in the 3rd quarter. BNP Paribas Financial Markets now owns 2,740 shares of the company’s stock valued at $33,000 after buying an additional 1,688 shares in the last quarter. Mackenzie Financial Corp raised its stake in shares of SoundThinking by 23.1% in the 3rd quarter. Mackenzie Financial Corp now owns 135,430 shares of the company’s stock valued at $1,633,000 after buying an additional 25,431 shares in the last quarter. Finally, Dimensional Fund Advisors LP increased its position in shares of SoundThinking by 2.1% during the 3rd quarter. Dimensional Fund Advisors LP now owns 184,182 shares of the company’s stock worth $2,221,000 after purchasing an additional 3,771 shares in the last quarter. Institutional investors and hedge funds own 60.74% of the company’s stock.

SoundThinking Stock Performance

NASDAQ SSTI opened at $6.62 on Monday. The firm has a 50-day simple moving average of $6.71 and a 200 day simple moving average of $7.27. SoundThinking has a twelve month low of $5.78 and a twelve month high of $16.92. The stock has a market cap of $85.73 million, a PE ratio of -5.71 and a beta of 1.17.

SoundThinking (NASDAQ:SSTI) last released its earnings results on Thursday, May 14th. The company reported ($0.54) earnings per share for the quarter, missing the consensus estimate of ($0.24) by ($0.30). SoundThinking had a negative net margin of 14.95% and a negative return on equity of 20.35%. The company had revenue of $24.18 million during the quarter, compared to the consensus estimate of $24.27 million. Research analysts forecast that SoundThinking will post -0.45 earnings per share for the current fiscal year.

Trending Headlines about SoundThinking

Here are the key news stories impacting SoundThinking this week:

• Negative Sentiment: SoundThinking reported a wider-than-expected Q1 loss of $0.54 per share versus an expected loss of $0.24, while revenue of $24.18 million also came in slightly below estimates. Article: SoundThinking (SSTI) Reports Q1 Loss, Misses Revenue Estimates
• Negative Sentiment: Revenue fell 15% year over year, largely because last year’s quarter included about $3.5 million from delayed New York City Police Department contract renewals, underscoring lumpy top-line comparisons. Article: SoundThinking, Inc. Reports First Quarter 2026 Financial Results
• Neutral Sentiment: Management reaffirmed FY 2026 revenue guidance of $109 million to $111 million and adjusted EBITDA margin guidance of 16% to 18%, which may help limit downside by signaling confidence in the full-year outlook. Article: SoundThinking, Inc. Reports First Quarter 2026 Financial Results
• Neutral Sentiment: The company reiterated expectations for annual recurring revenue to rise from $95.4 million at the start of 2026 to about $110 million at the start of 2027, suggesting steady longer-term subscription growth. Article: SoundThinking, Inc. Reports First Quarter 2026 Financial Results
• Positive Sentiment: Investors may also view the company’s new executive appointment and strategic commentary as supportive of execution, though these updates are likely secondary to the earnings miss. Article: SoundThinking Appoints David Jochim as Senior Vice President of TechnoLogic and Professional Services

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.