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SEMrush Holdings, Inc. (SEMR) Dips More Than Broader Markets: What You Should Know

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SEMrush Holdings, Inc. (SEMR - Free Report) closed at $18.24 in the latest trading session, marking a -1.83% move from the prior day. This change lagged the S&P 500's 1.42% loss on the day. Meanwhile, the Dow lost 0.49%, and the Nasdaq, a tech-heavy index, lost 0.47%.

Prior to today's trading, shares of the company had lost 8.2% over the past month. This has lagged the Computer and Technology sector's loss of 4.18% and the S&P 500's gain of 0.39% in that time.

SEMrush Holdings, Inc. will be looking to display strength as it nears its next earnings release.

Investors should also note any recent changes to analyst estimates for SEMrush Holdings, Inc.These revisions help to show the ever-changing nature of near-term business trends. With this in mind, we can consider positive estimate revisions a sign of optimism about the company's business outlook.

Our research shows that these estimate changes are directly correlated with near-term stock prices. Investors can capitalize on this by using the Zacks Rank. This model considers these estimate changes and provides a simple, actionable rating system.

The Zacks Rank system ranges from #1 (Strong Buy) to #5 (Strong Sell). It has a remarkable, outside-audited track record of success, with #1 stocks delivering an average annual return of +25% since 1988. Over the past month, the Zacks Consensus EPS estimate remained stagnant. SEMrush Holdings, Inc. is currently a Zacks Rank #3 (Hold).

The Internet - Software industry is part of the Computer and Technology sector. This industry currently has a Zacks Industry Rank of 175, which puts it in the bottom 32% of all 250+ industries.

The Zacks Industry Rank gauges the strength of our individual industry groups by measuring the average Zacks Rank of the individual stocks within the groups. Our research shows that the top 50% rated industries outperform the bottom half by a factor of 2 to 1.

Make sure to utilize Zacks.com to follow all of these stock-moving metrics, and more, in the coming trading sessions.


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