SEMrush Q2 Earnings Miss, Revenue Rises 19.7%

SEMrush reported Q2 EPS of -$0.04, missing expectations by $0.06. Revenue rose 19.7% YoY to $108.89 million, meeting forecasts. Analysts remain optimistic, forecasting a 58.52% potential upside to the current price of $9.21. The average one-year price target is $14.60, and the consensus recommendation from six brokerage firms is "Outperform" with a 2.0 rating. The one-year estimated GF Value is $19.16, suggesting an 108.03% upside potential.

SEMrush Holdings, Inc. (SEMR) reported its second-quarter (Q2) 2025 earnings, with a net loss of $0.04 per share, missing the Zacks Consensus Estimate of $0.08 per share. This quarterly report represents an earnings surprise of -37.50% [1]. Despite the earnings miss, revenue rose 19.7% year-over-year (YoY) to $108.89 million, meeting the Zacks Consensus Estimate [1].

Revenue growth was driven by a 20% YoY increase in revenue to $108.9 million, and a 83% increase in customers paying more than $50,000 annually [2]. The company also announced a $150 million share repurchase program, reflecting strong conviction in the business [2].

Analysts remain optimistic, forecasting a 58.52% potential upside to the current price of $9.21. The average one-year price target is $14.60, and the consensus recommendation from six brokerage firms is "Outperform" with a 2.0 rating [1]. The one-year estimated GF Value is $19.16, suggesting an 108.03% upside potential [1].

Looking ahead, SEMrush expects revenue in a range of $111.1 million to $112.1 million for the third quarter 2025, representing growth of approximately 15% YoY. For the full year 2025, the company is revising its annual revenue outlook to a range of $443.0 to $446.0 million, representing growth of approximately 18% YoY [2].

References:
[1] https://www.nasdaq.com/articles/semrush-holdings-inc-semr-lags-q2-earnings-estimates
[2] https://www.stocktitan.net/news/SEMR/semrush-announces-second-quarter-2025-financial-pj2fjv5rrxj6.html