Home 
Today's Top Picks 
Top Performers 
Watchlist 
My Robo Portfolios 
ETF Zone 
Help & Tutorial 
Cancel anytime
- Chart
- Upturn Summary
- Highlights
- Revenue
- Valuation
Upturn AI SWOT - About
SSTI 
Shotspotter Inc (SSTI)
- BUY Advisory
- SELL Advisory (Profit)
- SELL Advisory (Loss)
- Profit
- Loss
- Pass (Skip investing)
Stock price based on last close (see disclosures)
- ALL
- YEAR
- MONTH
- WEEK
Upturn Advisory Summary
08/14/2025: SSTI (1-star) is currently NOT-A-BUY. Pass it for now.
Upturn Star Rating
Not Recommended Performance
These Stocks/ETFs, based on Upturn Advisory, consistently fall short of market performance, signaling caution before investing.
Number of Analysts
7 Analysts rated it
Limited analyst coverage, niche firm, research info may be scarce.
1 Year Target Price $21.5
1 Year Target Price $21.5
| 4 | Strong Buy |
| 2 | Buy |
| 1 | Hold |
| 0 | Sell |
| 0 | Strong Sell |
Analysis of Past Performance
Type Stock | Historic Profit -52.27% | Avg. Invested days 28 | Today’s Advisory PASS |
Upturn Star Rating | Upturn Advisory Performance  1.0 | Stock Returns Performance  1.0 |
| Profits based on simulation | Last Close 08/14/2025 |
Key Highlights
Company Size Small-Cap Stock | Market Capitalization 158.67M USD | Price to earnings Ratio - | 1Y Target Price 21.5 |
Price to earnings Ratio - | 1Y Target Price 21.5 | ||
Volume (30-day avg) 7 | Beta 1.26 | 52 Weeks Range 9.33 - 19.43 | Updated Date 08/15/2025 |
52 Weeks Range 9.33 - 19.43 | Updated Date 08/15/2025 | ||
Dividends yield (FY) - | Basic EPS (TTM) -0.79 |
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 2025-08-12 | When - | Estimate -0.1 | Actual -0.24 |
Profitability
Profit Margin -9.74% | Operating Margin (TTM) -11.23% |
Management Effectiveness
Return on Assets (TTM) -3.87% | Return on Equity (TTM) -13.49% |
Valuation
Trailing PE - | Forward PE 16.05 | Enterprise Value 155485212 | Price to Sales(TTM) 1.53 |
Enterprise Value 155485212 | Price to Sales(TTM) 1.53 | ||
Enterprise Value to Revenue 1.5 | Enterprise Value to EBITDA 238.47 | Shares Outstanding 12673100 | Shares Floating 9646081 |
Shares Outstanding 12673100 | Shares Floating 9646081 | ||
Percent Insiders 24.87 | Percent Institutions 59.19 |
Upturn AI SWOT
Shotspotter Inc
Company Overview
History and Background
ShotSpotter, Inc., now SoundThinking, Inc., was founded in 1996. Initially focused on gunshot detection, it evolved into a leading provider of acoustic gunshot detection and location technology, primarily serving law enforcement. They've expanded into other public safety solutions over time.
Core Business Areas
- Gunshot Detection: The core of ShotSpotter's business, using sensors and algorithms to detect and locate gunshots in real-time.
- Investigative Solutions: Tools and services to help law enforcement investigate and solve crimes based on ShotSpotter data.
- Safety Solutions: Expanding offerings beyond gunshots, including solutions for facility safety and security management.
Leadership and Structure
Dennis P. Reilly serves as the Chief Executive Officer. The company has a traditional corporate structure with departments for technology, sales, marketing, finance, and operations.
Top Products and Market Share
Key Offerings
- Competitors: Smaller, regional gunshot detection technology companies with varying capabilities.
- ShotSpotter Respond: Real-time gunshot detection and location system. ShotSpotter claims a high level of accuracy in gunshot detection. The market share for gun shot detection is estimated at 70-90%. Competitors are smaller and regionally focused with varying capabilities and technology. Revenue from this product drives overall revenues.
- Competitors: Crime mapping and analytics software vendors, law enforcement agencies' internal data analysis capabilities.
- ShotSpotter Connect: Software that uses algorithms to analyze the shotspotter respond data to determine the source and help reduce crime. Revenue from this product is growing, but smaller than Respond. The market is more fragmented with general crime analytics software.
- Competitors: Companies like Mark43 and Axon.
- ResourceRouter: Software for resource allocations in order to improve public safety. This product segment is relatively new with no reliable data for market share or revenue.
Market Dynamics
Industry Overview
The public safety technology market is growing, driven by demand for tools to reduce crime and improve community safety. There is increasing focus on acoustic gunshot detection. The ShotSpotter product depends on funding from local governments, which can vary greatly depending on local policies.
Positioning
ShotSpotter (SoundThinking) is a leading provider in the gunshot detection segment, with a strong reputation and established customer base. They have a competitive advantage due to their accuracy, response time and established business.
Total Addressable Market (TAM)
The TAM for gunshot detection and related public safety solutions is estimated at over $1 billion. ShotSpotter is well positioned to capture a significant portion of this market.
Upturn SWOT Analysis
Strengths
- Established Technology
- First Mover Advantage
- Strong Brand Recognition
- Recurring Revenue Model
Weaknesses
- Reliance on Government Funding
- Controversies Over Effectiveness
- High Customer Concentration
- Limited Diversification
Opportunities
- Expansion into New Markets
- Integration with Other Public Safety Systems
- Development of New Products
- Partnerships with Law Enforcement Agencies
Threats
- Competition from Emerging Technologies
- Budget Cuts in Government Spending
- Negative Publicity and Lawsuits
- Privacy Concerns
Competitors and Market Share
Key Competitors
- None
Competitive Landscape
ShotSpotter is the dominant player in the gunshot detection market.
Major Acquisitions
HSS
- Year: 2023
- Acquisition Price (USD millions): 17
- Strategic Rationale: The acquisition of HSS was intended to grow public safety offerings by adding additional facility security management.
Growth Trajectory and Initiatives
Historical Growth: ShotSpotter has experienced steady revenue growth over the past decade.
Future Projections: Analysts project continued revenue growth in the coming years, driven by demand for public safety technology.
Recent Initiatives: ShotSpotter is focusing on expanding its product portfolio and entering new markets.
Summary
SoundThinking is a leading company with a strong position in acoustic gunshot detection, indicated by its large market share. It is vulnerable to funding cuts in government budgets which would reduce sales. Future success hinges on diversification of product offerings and expansion into new markets. Recent acquisitions are aligned with this approach, but controversies over its effectiveness and privacy concerns could hinder growth.
Peer Comparison
Sources and Disclaimers
Data Sources:
- Company Filings (10-K, 10-Q)
- Earnings Call Transcripts
- Analyst Reports
- Industry Publications
Disclaimers:
This analysis is for informational purposes only and should not be considered financial advice. Market share data is based on best available estimates. Actual results may vary.
AI Summarization is directionally correct and might not be accurate.
Summarized information shown could be a few years old and not current.
Fundamental Rating based on AI could be based on old data.
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 | Website https://soundthinking.com |
Full time employees 316 | Website https://soundthinking.com | ||
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.
Note: This website is maintained by Upturn Corporation, which is an investment adviser registered with the U.S. Securities and Exchange Commission. Such registration does not imply a certain level of skill or training. Investing in securities has risks. Past performance is no guarantee of future returns. No assurance is provided as to any particular investment return, and you may lose money using our services. You are strongly advised to consult appropriate counsel before making any investments in companies you learn about through our services. You should obtain appropriate legal, tax, investment, accounting, and other advice that takes into account your investment portfolio and overall financial situation. You are solely responsible for conducting due diligence on a potential investment. We do not affect trades for you. You will select your own broker through which to transact. Investments are not FDIC insured, they are not guaranteed, and they may lose value. Please see the Privacy Policy, Terms of Use, and Disclosure for more information.