Shotspotter Inc logo

Shotspotter Inc(SSTI)

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EXPLORE ADVISORIES AND THEIR HISTORY
QUALITY SIGNAL
1-STAR RATING
PASS
LAST CLOSE
$8.36
10/09/2026
(24-hour delay)

Advisory History & Simulated Performance *

*as per simulation (see disclosures)
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  • 1Y
  • 1M
  • 1W
  • BUY Advisory
  • SELL Advisory (Profit)
  • SELL Advisory (Loss)
  • Profit
  • Loss
  • PASS (Skip)
Upturn Stock price based on last close iconStock price based on last close
Simulated performance—not actual client returns. Results depend on calculation assumptions and do not guarantee future outcomes. See Disclosures for methodology, assumptions, and limitations.

Advisory Performance History (Simulated)Advisory Performance History info

Simulated performance—not actual client returns. Results depend on calculation assumptions and do not guarantee future outcomes. See Disclosures for methodology, assumptions, and limitations.

Upturn Advisory & Investor View for SSTI

10/09/2026: SSTI (1-star) is currently NOT-A-BUY. Pass it for now.

SoundThinking, formerly ShotSpotter, is a public safety technology company specializing in acoustic gunshot detection and comprehensive law enforcement software. The company maintains a strong competitive position by integrating real-time data with predictive analytics to assist municipal agencies. Its primary growth story involves cross-selling a broader software suite to its existing, high-retention client base. However, the business faces risks from municipal budget sensitivity, political scrutiny, and competition from larger technology providers. The stock is best suited for growth-oriented investors who can tolerate volatility and are comfortable monitoring the company's ability to diversify revenue beyond its core gunshot detection product.

How to Read the Upturn Advisory

The Upturn Star Rating and the current BUY, SELL, or PASS advisory are generated by Upturn’s AI advisory engine based on proprietary signal analysis, price behavior, advisory history, and historical signal performance.

Company fundamentals, valuation, risks, and news provide supporting context about the business.

Investor Fit

Investor styleFitWhy
Growth investorStrong fitThe company's expansion into a broader suite of safety software provides a clear runway for top-line growth.
Momentum investorMixed fitMomentum is conditional on positive market sentiment toward government technology spending.
Value investorWeak fitAs a growth-oriented SaaS company, valuation often trades at a premium based on future potential rather than current earnings.
Dividend investorWeak fitThe company does not pay dividends, as it retains all earnings to fund expansion and product development.
Low-risk investorWeak fitThe company's reliance on municipal contracts and the political sensitivity of its products create volatility.

Risk Profile

Risk factorLevelWhy it matters
Price volatilityMedium / highAs a small-cap tech stock, SSTI is prone to significant price swings based on contract wins or macro sentiment.
Valuation riskMediumHigh growth expectations can lead to volatility if quarterly growth targets are missed.
Competition risk (Software/Platform competition)HighCompetition from massive industry players like Motorola Solutions poses a risk to market share expansion.
Business qualityMediumWhile the recurring revenue model is strong, the dependence on public funding limits the ceiling.
Dividend incomeLow / noneInvestors should not expect income, as capital is prioritized for business reinvestment.
Execution riskMediumSuccessfully integrating multiple acquisitions into a cohesive platform is critical to future success.

Price Behavior

Rolling Over
PRICE PATH

Rolling Over

The price momentum is slowing down and beginning to turn downward.

Extreme Price Shocks
PRICE STABILITY

Extreme Price Shocks

The stock has experienced exceptionally large and disruptive price movements during the period.

Analysis of Past Performance

Type Stock
Historic Profit -40.09%
Avg. Invested days 28
Today’s Advisory PASS
Upturn Advisory Rating upturn star rating icon
Upturn Advisory Performance Upturn Advisory Performance icon 2.0
Stock Returns Performance Upturn Returns Performance icon 1.0
Upturn Profits based on simulation icon Profits based on simulation
Upturn last close icon Last Close 10/09/2026

Upturn Scorecard

Upturn Star Rating

★★★★★
SSTI receives a 3-star rating based on the available scored pillars. The rating is constrained by soft unit economics, weak price momentum, and limited analyst upside.

Company Fundamentals

★★★★★
SSTI has moderate overall fundamentals (3 stars), with moderate financial health, soft growth momentum, and solid ownership. In FY2025 versus FY2024, growth and ownership metrics are mixed: slightly negative earnings growth (-2.6%), soft cash generation (FCF margin 4.7%), moderate revenue growth (+2.1%).

Financial Health Rating

★★★★★
SSTI's financial health is supported by moderate cash strength, including free-cash-flow generation (4.7% of revenue). Profitability is soft (2 stars), which helps explain the 3-star overall score.

Growth Momentum Score

★★★★★
Revenue growth is SSTI's strongest growth driver at +2.1% FY2025 versus FY2024 (moderate, 3 stars). By comparison, while earnings growth (-2.6%, slightly negative) and free-cash-flow growth (-69.3%, negative) hold the profile back, so recent growth is not broad-based across the business.

Ownership

★★★★★
Institutional ownership is 56.5% and approximately 53.3% of outstanding shares are publicly tradable, supporting liquidity and institutional participation. Insider ownership of 27.54% supports management-shareholder alignment.

Top 5 Institutional Investors

Veradace Capital Management LLC 15.78%
Kopion Asset Management, LLC 8.42%
Rice Hall James & Associates, LLC 3.53%
Vanguard Capital Management, LLC 3.14%
BlackRock Inc 2.70%

Unit Economics (Per $1K Revenue)

★★★★★
SSTI generates approximately $544 of gross profit, $-82 of operating income, and $47 of free cash flow for every $1,000 of revenue. Based on FY2025 results. Operating losses explain the 2-star rating, with weak cash conversion and weak capital efficiency.

Economic Dimensions

★★★★★
Effective Tax Rate: -1.21% (Tax Credit)

Quantitative Style Profile

★★★★★
SSTI has a liquid profile. Weak momentum is the primary drawback, while valuation that is moderately attractive rather than deeply discounted.

Style Classification

Quality Focused

Small / Mid Cap RiskHighly Liquid / Institution-Friendly

Key Highlights

Company Size Small-Cap Stock
Market Capitalization 109.37M USD
Price to earnings Ratio -
1Y Target Price 8.84
Price to earnings Ratio -
1Y Target Price 8.84
Volume (30-day avg) 270.8K shares
Beta 1.11
52 Weeks Range 5.42 - 11.88
Updated Date 10/09/2026
52 Weeks Range 5.42 - 11.88
Updated Date 10/09/2026
Dividends yield (FY) -
Basic EPS (TTM) -1.29

How Company Makes Money

Business areaWhat it includesRetail investor read
Subscription ServicesRecurring fees from the ShotSpotter Respond service and the SafetySmart software suite.The company makes money primarily through long-term contracts, providing stable and predictable recurring revenue.

Analyzing Revenue: Products, Geography and Growth

Revenue by Products

Product revenue - Year on Year

Revenue by Geography

Geography revenue - Year on Year

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Valuation

Trailing PE -
Forward PE 24.69
Enterprise Value 73.87M
Price to Sales(TTM) 1.12
Enterprise Value 73.87M
Price to Sales(TTM) 1.12
Enterprise Value to Revenue 0.75
Enterprise Value to EBITDA 134.02
Shares Outstanding 13.24M
Shares Floating 7.05M
Shares Outstanding 13.24M
Shares Floating 7.05M
Percent Insiders 27.54
Percent Institutions 56.46

Financial Metrics

🧭 Investment Snapshot

Total Revenue (Scale)

Information icon Total money earned from selling products or services before any costs. It is needed to understand the scale of the business and its ability to generate income.

Net Income (Profit)

Information icon Final profit after all expenses, interest, and taxes are deducted. It is needed to determine the overall profitability available to shareholders.

Free Cash Flow (Cash Strength)

Information icon Cash remaining after operating activities and capital expenditures, showing cash available for growth. It is needed to evaluate the company’s ability to invest, pay dividends, or reduce debt.

📈 Growth & Strength

Operating Income (Core Profit)

Information icon Profit from core operations after deducting all operating expenses. It is needed to measure how efficiently the company runs its primary business activities.

EBITDA (Cash Earnings)

Information icon Earnings before interest, taxes, depreciation, and amortization, indicating operating cash potential. It is needed to compare operating performance across companies without accounting or financing differences.

Gross Profit (Unit Profitability)

Information icon Revenue minus cost of revenue, showing profit after direct production costs. It is needed to evaluate core business profitability before overhead expenses.

🛡️ Financial Safety

Cash (Liquidity Buffer)

Information icon Total cash and cash equivalents on hand. It is needed to evaluate immediate liquidity and financial flexibility.

Total Debt (Leverage Risk)

Information icon Total debt including both short-term and long-term components. It is needed to assess the company’s leverage and financial risk.

Net Working Capital (Short-Term Health)

Information icon Current assets minus current liabilities, indicating short-term liquidity strength. It is needed to assess whether the company can meet its short-term obligations.

🧱 Balance Sheet Strength

Stockholder Equity (Net Worth)

Information icon Total equity value held by shareholders. It is needed to understand the net worth of the company from the owners’ perspective.

Total Assets (Asset Base)

Information icon The full value of everything the company owns, including cash, inventory, equipment, and investments. It is needed to understand the resource base used to generate revenue.

Income Before Tax (Pre-Tax Earnings)

Information icon Income before provision for income taxes. It is needed to analyze profitability independent of tax structures.

⚙️ Cost & Drag Factors

Cost of Revenue (Production Cost)

Information icon Direct costs required to produce and deliver the products or services sold. It is needed to assess efficiency in production and service delivery.

Total Operating Expenses (Operating Cost)

Information icon Indirect costs of running the business such as salaries, marketing, and administration. It is needed to understand how much it costs to sustain ongoing business operations.

Income Tax Expense (Tax Drag)

Information icon Amount of taxes paid or payable to the government. It is needed to evaluate the impact of taxation on overall profitability.

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