Silver Spring Networks (NYSE:SSNI) is set to post its quarterly earnings results after the market closes on Monday, February 19th. Analysts expect Silver Spring Networks to post earnings of $0.07 per share for the quarter.
Silver Spring Networks (NYSE:SSNI) opened at $16.26 on Friday. Silver Spring Networks has a 52-week low of $9.68 and a 52-week high of $16.26. The stock has a market cap of $880.35, a PE ratio of -19.59 and a beta of 1.60.
Several analysts recently weighed in on the stock. BidaskClub downgraded shares of Silver Spring Networks from a “sell” rating to a “strong sell” rating in a research report on Friday, November 10th. Guggenheim reiterated a “hold” rating on shares of Silver Spring Networks in a research report on Friday, January 12th. Zacks Investment Research upgraded shares of Silver Spring Networks from a “hold” rating to a “buy” rating and set a $18.00 price objective on the stock in a research report on Tuesday, January 2nd. Finally, B. Riley set a $16.00 price objective on shares of Silver Spring Networks and gave the company a “hold” rating in a research report on Thursday, January 4th. One equities research analyst has rated the stock with a sell rating, twelve have issued a hold rating and three have given a buy rating to the company. Silver Spring Networks has a consensus rating of “Hold” and an average target price of $14.96.
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About Silver Spring Networks
Silver Spring Networks, Inc is engaged in creating, building and deploying large-scale networks and solutions enabling the Internet of things (IoT) for critical infrastructure. The Company provides a networking platform and solutions that enable utilities to transform the power grid infrastructure into the smart grid.
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