Similarweb (SMWB) Expands Partnership with Perplexity for AI Workflows

Similarweb Ltd. (NYSE:SMWB) is one of the 15 Best Tech Stocks with Huge Upside Potential. On June 3, 2026, Similarweb Ltd. (NYSE:SMWB) and Perplexity announced an expanded relationship that brings Similarwebโ€™s digital data directly into Perplexityโ€™s AI-native workflows. The companies said the integration allows users to access market, consumer behavior, and competitive intelligence data without…


Similarweb (SMWB) Expands Partnership with Perplexity for AI Workflows

Similarweb Ltd. (NYSE:SMWB) is one of the

15 Best Tech Stocks with Huge Upside Potential.

On June 3, 2026, Similarweb Ltd. (NYSE:SMWB) and Perplexity announced an expanded relationship that brings Similarwebโ€™s digital data directly into Perplexityโ€™s AI-native workflows. The companies said the integration allows users to access market, consumer behavior, and competitive intelligence data without leaving the Perplexity environment. Through Perplexity Computer, businesses can automate research, marketing analysis, and strategic decision-making using Similarwebโ€™s market intelligence and consumer behavior insights.

On May 13, 2026, Similarweb Ltd. (NYSE:SMWB) reported Q1 non-GAAP EPS of 1c, compared to the consensus estimate of 2c. Revenue totaled $73.9M, above the consensus estimate of $73.04M. Co-Founder and CEO Or Offer said the quarter reflected solid execution, with revenue and non-GAAP operating profit at the top end of guidance. Offer also cited improved sales productivity for the third consecutive quarter and expanding commercial interest in Similarwebโ€™s AI-related data and solutions.

Similarweb (SMWB) Expands Partnership with Perplexity for AI Workflows
Similarweb (SMWB) Expands Partnership with Perplexity for AI Workflows

Similarweb expects FY26 revenue of $307M-$315M, compared to the consensus estimate of $307.5M, and non-GAAP operating profit of $17M-$19M. CFO Ran Vered said Similarweb generated $6.6 million of normalized free cash flow in the first quarter, marking its tenth consecutive quarter of positive normalized free cash flow.

Similarweb Ltd. (NYSE:SMWB) provides digital data and analytics for business decisions across the United States, Europe, the Asia Pacific, the United Kingdom, Israel, and internationally.

While we acknowledge the potential of SMWB as an investment, we believe certain AI stocks offer greater upside potential and carry less downside risk. If you’re looking for an extremely undervalued AI stock that also stands to benefit significantly from Trump-era tariffs and the onshoring trend, see our free report on theย best short-term AI stock.

READ NEXT:ย 33 Stocks That Should Double in 3 Years and Cathie Wood 2026 Portfolio: 10 Best Stocks to Buy.ย 

Disclosure: None. Follow Insider Monkey on Google News.

Source link