SMSI

Company Overview — What Does SMITH MICRO SOFTWARE, INC. Do?

Smith Micro Software, Inc. develops and sells software to enhance the mobile experience to wireless and cable service providers worldwide. It offers SafePath Family, SafePath IoT, and SafePath Home product suite, 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 providers deliver a next-generation voicemail experience to mobile subscribers, as well as enables multi-language Voice-to-Text transcription messaging. It also offers ViewSpot, a retail display management platform that provides on-screen and interactive demos to wireless carriers and retailers; and technical support and customer services. The company was founded in 1982 and is headquartered in Pittsburgh, Pennsylvania. SMITH MICRO SOFTWARE, INC. (SMSI) is classified as a micro-cap stock in the Technology sector, specifically within the Computer Software industry. The company is led by CEO William W. Smith and employs approximately 370 people, headquartered in ALISO VIEJO, Pennsylvania. With a market capitalization of $19M, SMSI is one of the notable companies in the Technology sector.

SMITH MICRO SOFTWARE, INC. (SMSI) Stock Rating — Reduce (April 2026)

As of April 2026, SMITH MICRO SOFTWARE, INC. receives a Reduce rating with a composite score of 31.8/100 and 2 out of 5 stars from the Blank Capital Research quantitative model.SMSI ranks #2,412 out of 4,446 stocks in our coverage universe. Within the Technology sector, SMITH MICRO SOFTWARE, INC. ranks #262 of 584 stocks, placing it in the upper half of its Technology peers. The rating is generated by a multi-factor model that weighs quality (30%), momentum (25%), value (15%), investment (10%), stability (10%), and short interest (10%).

SMSI Stock Price and 52-Week Range

SMITH MICRO SOFTWARE, INC. (SMSI) currently trades at $0.70. The stock gained $0.01 (1.5%) in the most recent trading session. The 52-week high for SMSI is $1.30, which means the stock is currently trading -46.2% from its annual peak. The 52-week low is $0.41, putting the stock 70.7% above its annual trough. Recent trading volume was 33K shares, suggesting relatively thin trading activity.

Is SMSI Overvalued or Undervalued? — Valuation Analysis

SMITH MICRO SOFTWARE, INC. (SMSI) carries a value factor score of 9/100 in the Blank Capital model, signaling premium valuation that prices in significant future growth. The price-to-book ratio stands at 1.01x, versus the sector average of 3.16x. The price-to-sales ratio is 1.03x, compared to 1.06x for the average Technology stock.

At current multiples, SMITH MICRO SOFTWARE, INC. trades at a premium to most Technology peers. This elevated valuation may be justified if the company can sustain above-average growth rates and profitability, but it also creates downside risk if earnings disappoint expectations.

SMITH MICRO SOFTWARE, INC. Profitability — ROE, Margins, and Quality Score

SMITH MICRO SOFTWARE, INC. (SMSI) earns a quality factor score of 30/100, signaling below-average profitability metrics relative to the broader market. The return on equity (ROE) is -169.3%, compared to the Technology sector average of -1.4%, which is below typical expectations for high-quality companies. Return on assets (ROA) comes in at -124.7% versus the sector average of -1.0%.

On a margin basis, SMITH MICRO SOFTWARE, INC. reports gross margins of 72.9%, compared to 50.9% for the sector. The operating margin is -173.6% (sector: -0.5%). Net profit margin stands at -173.5%, versus -1.5% for the average Technology stock. Revenue growth is running at -15.4% on a trailing basis, compared to 14.2% for the sector. Profitability is below benchmark levels, which may reflect industry headwinds, elevated reinvestment, or structural challenges.

SMSI Debt, Balance Sheet, and Financial Health

SMITH MICRO SOFTWARE, INC. has a debt-to-equity ratio of 36.0%, compared to the Technology sector average of 43.0%. The low leverage indicates a conservative balance sheet with significant financial flexibility. The current ratio is 0.74x, which may signal near-term liquidity tightness.

SMSI has a beta of 1.12, meaning it is roughly in line with the broader market in terms of price volatility. The stability factor score for SMITH MICRO SOFTWARE, INC. is 28/100, suggesting elevated price swings that may be unsuitable for conservative portfolios.

SMITH MICRO SOFTWARE, INC. Revenue and Earnings History — Quarterly Trend

In TTM 2026, SMITH MICRO SOFTWARE, INC. reported revenue of $18M and earnings per share (EPS) of $-1.46. Net income for the quarter was $-31M. Gross margin was 72.9%. Operating income came in at $-31M.

In FY 2025, SMITH MICRO SOFTWARE, INC. reported revenue of $17M and earnings per share (EPS) of $-1.46. Net income for the quarter was $-29M. Gross margin was 74.1%. Revenue grew -15.5% year-over-year compared to FY 2024. Operating income came in at $-29M.

In Q3 2025, SMITH MICRO SOFTWARE, INC. reported revenue of $4M and earnings per share (EPS) of $-0.25. Net income for the quarter was $-5M. Gross margin was 73.9%. Revenue grew -6.5% year-over-year compared to Q3 2024. Operating income came in at $-4M.

In Q2 2025, SMITH MICRO SOFTWARE, INC. reported revenue of $4M and earnings per share (EPS) of $-0.78. Net income for the quarter was $-15M. Gross margin was 73.5%. Revenue grew -14.0% year-over-year compared to Q2 2024. Operating income came in at $-15M.

Over the past 8 quarters, SMITH MICRO SOFTWARE, INC. has demonstrated a growth trajectory, with revenue expanding from $5M to $18M. Investors analyzing SMSI stock should weigh these quarterly trends alongside the valuation and quality metrics discussed above.

SMSI Dividend Yield and Income Analysis

SMITH MICRO SOFTWARE, INC. (SMSI) does not currently pay a dividend. This is common among smaller companies in the Computer Software industry that prefer to reinvest cash flows into business expansion rather than returning capital to shareholders. Income-focused investors looking for Technology dividend stocks may want to explore other Technology stocks or use the stock screener to filter by dividend yield.

SMSI Momentum and Technical Analysis Profile

SMITH MICRO SOFTWARE, INC. (SMSI) has a momentum factor score of 39/100, signaling weak relative price performance. Stocks with low momentum scores have historically tended to continue underperforming in the near term. The investment factor score is 37/100, which measures capital allocation efficiency and asset growth patterns. The short interest score of 55/100 reflects moderate short selling activity.

SMSI vs Competitors — Technology Sector Ranking and Peer Comparison

Within the Technology sector, SMITH MICRO SOFTWARE, INC. (SMSI) ranks #262 out of 584 stocks based on the Blank Capital composite score. This places SMSI in the upper half of all Technology stocks in our coverage universe. Key competitors and sector peers include IHS Holding Ltd (IHS) with a score of 55.0/100, VERISIGN INC/CA (VRSN) with a score of 56.0/100, ESCO TECHNOLOGIES INC (ESE) with a score of 51.7/100, CareCloud, Inc. (CCLD) with a score of 46.9/100, and MMTec, Inc. (MTC) with a score of 47.4/100.

Comparing SMSI against the S&P 500 benchmark is also instructive for understanding relative performance. Investors can view the full SMSI vs S&P 500 (SPY) comparison to assess how SMITH MICRO SOFTWARE, INC. stacks up against the broader market across all factor dimensions.

SMSI Next Earnings Date

No upcoming earnings date has been announced for SMITH MICRO SOFTWARE, INC. (SMSI) at this time. Check the earnings calendar for the latest scheduling updates across all stocks in our coverage universe.

Should You Buy SMSI? — Investment Thesis Summary

The quantitative profile for SMITH MICRO SOFTWARE, INC. suggests caution. The quality score of 30/100 flags below-average profitability. The value score of 9/100 indicates premium valuation. Momentum is weak at 39/100, a headwind for near-term performance. High volatility (stability score 28/100) increases portfolio risk.

In summary, SMITH MICRO SOFTWARE, INC. (SMSI) earns a Reduce rating with a composite score of 31.8/100 as of April 2026. The rating is derived from the Blank Capital Research methodology, which combines six factor dimensions into a single quantitative ranking. Investors should consider these quantitative signals alongside their own fundamental research, risk tolerance, and investment time horizon before making buy or sell decisions on SMSI stock.

Related Resources for SMSI Investors

Explore more research and tools: SMSI vs S&P 500 comparison, top Technology stocks, stock screener, our methodology, quality factor explained, value factor explained, momentum factor explained. Compare SMSI head-to-head with peers: SMSI vs IHS, SMSI vs VRSN, SMSI vs ESE.