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 Similarweb’s digital data directly into Perplexity’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 Similarweb’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 Similarweb’s AI-related data and solutions.

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 risk and potential of SMWB as an investment, our conviction lies in the belief that some AI stocks hold greater promise for delivering higher returns and doing so within a shorter time frame. If you are looking for an AI stock that is more promising than SMWB and that has 10,000% upside potential, check out our report about the cheapest AI stock.

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