Get all your news in one place.
100's of premium titles.
One app.
Start reading
Barchart
Barchart
Anushka Mukherji

1 'Strong Buy' Small-Cap Software Stock With More Than 33% Upside Potential

With businesses racing to harness the power of artificial intelligence (AI), the demand for cutting-edge software solutions is skyrocketing. From streamlining workflows to generating actionable insights, software is now the beating heart of digital transformation. As companies compete to stay relevant in an AI-first era, they're pouring investments into tech solutions that keep them ahead of the curve.

According to Gartner’s (IT) latest projections, global software spending is set to surge by 14% to $1.2 billion in 2025, up from 11.7% growth in 2024. With investment in AI-related projects serving as a major catalyst for this jump, this relentless growth signals a booming market where innovative software companies have a unique opportunity to thrive. And one software company that is poised to ride this wave is Similarweb Ltd. (SMWB).

Sign up to read this article
Read news from 100's of titles, curated specifically for you.
Already a member? Sign in here
Related Stories
Top stories on inkl right now
One subscription that gives you access to news from hundreds of sites
Already a member? Sign in here
Our Picks
Fourteen days free
Download the app
One app. One membership.
100+ trusted global sources.