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Shotspotter Inc (SSTI)

Upturn stock ratingUpturn stock rating
$13.06
Last Close (24-hour delay)
Profit since last BUY-11.54%
upturn advisory
SELL
SELL since 4 days
  • BUY Advisory
  • SELL Advisory (Profit)​
  • SELL Advisory (Loss)​
  • Profit
  • Loss
  • Pass (Skip investing)
Upturn Stock infoUpturn Stock info Stock price based on last close
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Upturn Advisory Summary

06/30/2025: SSTI (1-star) is a SELL. SELL since 4 days. Profits (-11.54%). Updated daily EoD!

Upturn Star Rating

rating

Not Recommended Performance

These Stocks/ETFs, based on Upturn Advisory, consistently fall short of market performance, signaling caution before investing.

Number of Analysts

rating

7 Analysts rated it

Moderately tracked stock, growing coverage, gaining market and investor attention.

1 Year Target Price $22.17

1 Year Target Price $22.17

Analysts Price Target For last 52 week
$22.17Target price
Low$9.33
Current$13.06
high$19.43

Analysis of Past Performance

Type Stock
Historic Profit -52.27%
Avg. Invested days 28
Today’s Advisory SELL
Upturn Star Rating Upturn stock ratingUpturn stock rating
Upturn Advisory Performance Upturn Advisory Performance 1.0
Stock Returns Performance Upturn Returns Performance 1.0
Upturn Profits based on simulationUpturn Profits based on simulation Profits based on simulation
Upturn Profits based on simulationUpturn Profits based on simulation Last Close 06/30/2025

Key Highlights

Company Size Small-Cap Stock
Market Capitalization 167.03M USD
Price to earnings Ratio -
1Y Target Price 22.17
Price to earnings Ratio -
1Y Target Price 22.17
Volume (30-day avg) 7
Beta 1.28
52 Weeks Range 9.33 - 19.43
Updated Date 06/30/2025
52 Weeks Range 9.33 - 19.43
Updated Date 06/30/2025
Dividends yield (FY) -
Basic EPS (TTM) -0.61

Analyzing Revenue: Products, Geography and Growth

Revenue by Products

Product revenue - Year on Year

Revenue by Geography

Geography revenue - Year on Year

Earnings Date

Report Date -
When -
Estimate -
Actual -

Profitability

Profit Margin -7.39%
Operating Margin (TTM) -4.12%

Management Effectiveness

Return on Assets (TTM) -2.79%
Return on Equity (TTM) -10.44%

Valuation

Trailing PE -
Forward PE 16.89
Enterprise Value 161188458
Price to Sales(TTM) 1.59
Enterprise Value 161188458
Price to Sales(TTM) 1.59
Enterprise Value to Revenue 1.54
Enterprise Value to EBITDA 49.93
Shares Outstanding 12673100
Shares Floating 9558939
Shares Outstanding 12673100
Shares Floating 9558939
Percent Insiders 25.1
Percent Institutions 58.18

Analyst Ratings

Rating 3
Target Price 22.17
Buy 2
Strong Buy 4
Buy 2
Strong Buy 4
Hold 1
Sell -
Strong Sell -
Strong Sell -

ai summary icon Upturn AI SWOT

Shotspotter Inc

stock logo

Company Overview

overview logo History and Background

ShotSpotter, Inc. (now SoundThinking Inc. (SSTI)) was founded in 1996. Initially focused on military applications of acoustic technology, it shifted to civilian use for gunshot detection in the early 2000s. It became a publicly traded company in 2014 and has since expanded its product offerings.

business area logo Core Business Areas

  • Precision Policing Solutions: This segment provides gunshot detection and location services to law enforcement and security personnel, using acoustic sensors to identify and report gunfire incidents.
  • Investigative Solutions: These solutions support investigations and offer crime analytics tools. Technologies include crime mapping, social media analytics, and data integration for predictive policing.

leadership logo Leadership and Structure

Dennis P.Gourdeau is the CEO. The company has a standard corporate structure with departments for sales, marketing, engineering, finance, and operations.

Top Products and Market Share

overview logo Key Offerings

  • ShotSpotter Respond: The flagship product detects and locates gunshots in real-time. The company states that it leads the market in outdoor gunshot detection, estimating ~65% market share. Key competitors include acoustic sensors embedded into city infrastructure developed and managed by cities themselves and also companies like Databuoy.
  • ShotSpotter Connect: Focuses on proactive policing strategies and community engagement, using data to inform patrol deployments and community outreach programs. Market share and revenue figures are not publicly available and the competitive field includes firms offering community-oriented policing solutions. Competitors include Axon (AXON) and Motorola Solutions (MSI) who have platforms with some of the same capabilities.

Market Dynamics

industry overview logo Industry Overview

The market is growing due to increasing concerns about gun violence and the need for efficient policing solutions. There is a growing adoption of gunshot detection systems, as well as investment in community engagement and predictive policing software.

Positioning

SoundThinking Inc. is a leader in the acoustic gunshot detection market. Its advantage lies in its years of experience, proprietary technology, and established relationships with law enforcement agencies.

Total Addressable Market (TAM)

The TAM is estimated to be in the hundreds of millions of dollars, encompassing both domestic and international markets. SoundThinking Inc. is positioned to capture a significant portion of this market through expansion and innovation.

Upturn SWOT Analysis

Strengths

  • Proprietary gunshot detection technology
  • Established relationships with law enforcement agencies
  • First-mover advantage in the market
  • Recurring revenue model through subscriptions

Weaknesses

  • Reliance on government contracts
  • Public perception concerns about privacy and surveillance
  • Concentration of revenue in a few major cities
  • Controversies surrounding the efficacy of the techology.

Opportunities

  • Expansion into new cities and international markets
  • Development of new products and services (e.g., indoor gunshot detection)
  • Partnerships with other technology companies
  • Increased funding for law enforcement technology

Threats

  • Competition from other technology companies
  • Budget cuts in law enforcement
  • Negative publicity or legal challenges
  • Technological advancements that render their technology obsolete

Competitors and Market Share

competitor logo Key Competitors

  • MSI
  • AXON

Competitive Landscape

SoundThinking Inc. has a significant advantage in acoustic gunshot detection but faces competition from larger companies like Motorola and Axon, which offer a broader range of public safety solutions. SoundThinking has a very niche service compared to its competitiors.

Major Acquisitions

Geolitica

  • Year: 2021
  • Acquisition Price (USD millions): 17
  • Strategic Rationale: Acquisition provided enhanced crime analysis and predictive policing capabilities.

Growth Trajectory and Initiatives

Historical Growth: SoundThinking Inc. has experienced steady revenue growth over the past several years, driven by increased adoption of its solutions and expansion into new markets.

Future Projections: Analysts project continued revenue growth in the coming years, driven by demand for gunshot detection and proactive policing solutions. EPS is expected to increase as the company scales and improves efficiency.

Recent Initiatives: Focus on expansion into new cities. Investment in R&D for new product development. Strengthening relationships with existing customers.

Summary

SoundThinking Inc. is a leader in the niche market of gunshot detection, demonstrating solid financial performance and consistent revenue growth. Its core strength lies in its proprietary technology and established relationships with law enforcement. The company needs to manage public perception regarding privacy and be wary of budget cuts affecting government spending, alongside emerging competing technology. However, they are expected to continue dominating their niche market.

Peer Comparison

Sources and Disclaimers

Data Sources:

  • Company Filings (SEC)
  • Analyst Reports
  • Industry Publications
  • Company Website

Disclaimers:

The information provided is for informational purposes only and does not constitute financial advice. Market data and estimates are subject to change.

Upturn AI SummarizationUpturn AI Summarization AI Summarization is directionally correct and might not be accurate.

Upturn AI SummarizationUpturn AI Summarization Summarized information shown could be a few years old and not current.

Upturn AI SummarizationUpturn AI Summarization Fundamental Rating based on AI could be based on old data.

Upturn AI SummarizationUpturn AI Summarization AI-generated summaries may have inaccuracies (hallucinations). Please verify the information before taking action.

About Shotspotter Inc

Exchange NASDAQ
Headquaters Fremont, CA, United States
IPO Launch date 2017-06-07
President, CEO & Director Mr. Ralph A. Clark
Sector Technology
Industry Software - Application
Full time employees 316
Full time employees 316

SoundThinking, Inc., a public safety technology company, provides data-driven solutions and strategic advisory services for law enforcement, security teams, and civic leadership. Its SafetySmart platform that includes data-driven tools comprising ShotSpotter, an outdoor gunshot detection, location, and alerting system; CrimeTracer, a law enforcement search engine that enables investigators to search through criminal justice records from across jurisdictions to generate tactical leads and solve cases; CaseBuilder, an investigative management system for tracking, reporting, and collaborating on cases; ResourceRouter, a software that directs deployment of patrol and community anti-violence resources; PlateRanger powered by Rekor, an advanced license plate recognition (ALPR) and vehicle identification solution; and SafePointe, an artificial intelligence-based weapons detection system. The company also offers ShotSpotter for Campus and ShotSpotter for Corporate, to universities, corporate campuses, and key infrastructure centers to mitigate risk and enhance security by notifying authorities of outdoor gunfire incidents and save critical minutes for first responders to arrive. It sells its solutions through its direct sales teams. The company was formerly known as ShotSpotter, Inc. and changed its name to SoundThinking, Inc. in April 2023. SoundThinking, Inc. was founded in 1996 and is headquartered in Fremont, California.