The business model of Shotspotter Inc revolves around providing gunshot detection and location technology solutions to enhance public safety. Through its innovative acoustic sensors and software algorithms, Shotspotter enables law enforcement agencies and security personnel to quickly detect and accurately locate gunfire incidents. By offering real-time data and actionable intelligence, Shotspotter aims to enable faster emergency response, reduce gun violence, and enhance community safety. Shotspotter's business model focuses on selling its services to government agencies and other organizations responsible for public safety, thereby generating revenue through subscription fees and system installations.

The main competitors of Shotspotter Inc in the market are companies like SST Inc, Safety Dynamics, and Yardarm Technologies.

ShotSpotter Inc. is a leading provider of gunshot detection solutions. Established in 1996, the company develops and deploys cutting-edge technology to identify and locate gunfire incidents in real-time. ShotSpotter's innovative acoustic surveillance system, equipped with sensors placed strategically in urban areas, accurately detects and pinpoints gunshots, aiding law enforcement agencies in quick response and crime prevention. With over two decades of expertise, ShotSpotter has become a trusted partner for cities and law enforcement agencies worldwide, helping to increase public safety and reduce gun violence.

Shotspotter Inc, a leading provider of gunfire detection and location technology, has achieved several significant milestones. One notable accomplishment is the company's successful IPO in 2017, which helped raise funds for further expansion and development. Additionally, Shotspotter Inc has rapidly grown its customer base, securing contracts with law enforcement agencies across the United States and expanding its global presence. The company's innovative technology has been recognized and adopted by various cities, helping improve public safety and reduce gun violence. Shotspotter Inc continues to enhance its advanced solutions and remains at the forefront of gunshot detection and analysis technology.

Shotspotter Inc is primarily present in the United States.

Shotspotter Inc represents a strong commitment to public safety and reducing gun violence. Their corporate philosophy revolves around their advanced gunshot detection technology, which helps law enforcement agencies quickly locate and respond to gunfire incidents. Shotspotter's values focus on enhancing community safety, promoting accountability, and fostering collaboration among local authorities and communities. As a leader in gunshot detection solutions, Shotspotter Inc aims to create safer neighborhoods by leveraging their innovative technology and data analysis capabilities. With their proactive approach and dedication to improving public safety, Shotspotter Inc stands as a reliable partner in safeguarding communities from gun violence.

Analysts currently set an average price target of 14.79 USD for the SoundThinking stock (median: 15.30 USD), implying +148.2 % versus the latest price. The consensus is based on 13 analyst ratings.

SoundThinking Analyst Price Targets 2026

13 analysts currently rate the SoundThinking stock: 10 recommend buying, 3 holding and 0 selling. For 2026, analysts expect SoundThinking to generate revenue of 116.55 M USD and earnings per share of -0.39 USD.

SoundThinking Analyst Price Targets 2026

Converted at the current exchange rate, the SoundThinking share trades at 5.11 EUR (5.96 USD).

The SoundThinking share (SSTI) is listed on 3 stock exchanges, including: NASDAQ (SSTI), Frankfurt (918.F), München (918.MU).

Shotspotter Inc. is a California-based company specialized in developing and marketing technology solutions for law enforcement and public safety. The company offers a range of products and services that can detect gunshots in urban areas in real-time. The main product of Shotspotter is the namesake "Shotspotter" system. This system consists of a set of sensors placed in a city that can detect gunshot sounds. When a gunshot is fired near the sensors, the system automatically sends an alert to the local police or other law enforcement agencies. The police can quickly respond to the location to investigate and potentially arrest the shooter. In addition to the Shotspotter system, the company also offers other solutions based on the same technology, including the "SecureCampus" solution designed specifically for use on university and college campuses. SecureCampus focuses on detecting gunshots and other acoustic events that may increase the risk of violence and attacks on the campus. To sell its products, Shotspotter collaborates with various partners, including local police departments, universities, and other law enforcement agencies. The company provides a variety of services to its customers, including installation and maintenance of the systems, training on how to use the solutions, as well as analysis and consulting services to help customers optimize their security measures. Shotspotter's business model is primarily focused on the United States. Most of the company's customers are public institutions using the technology to enhance safety in urban areas. However, the company pursues an ambitious growth strategy by expanding existing business areas and entering new international markets. In summary, Shotspotter specializes in developing and selling solutions to enhance public safety in urban areas and on campus communities. The company offers a wide range of tailored services and solutions to meet the needs of its customers. The company's business model is based on collaboration with public institutions and the use of advanced technology to detect gunshots in real-time and promptly inform law enforcement officers.

The expected revenue of SoundThinking is 116.55 M USD. This figure is based on current financial data and reflects the company's business performance.

The expected profit of SoundThinking is -4.99 M USD. The net profit reflects the company's profitability after deducting all expenses.

The price-to-earnings ratio (P/E) of SoundThinking is currently -15.19. The P/E ratio compares the current share price to the earnings per share and helps investors assess the valuation of the SoundThinking stock.

The price-to-sales ratio (P/S) of SoundThinking is currently 0.65. The P/S ratio compares the market capitalization to the annual revenue and serves as a valuation metric for the SoundThinking stock.

The Eulerpool Quality Score for SoundThinking is 2/10.

The ISIN of SoundThinking is US82536T1079. The ISIN (International Securities Identification Number) is a globally unique identifier for securities.

The WKN of SoundThinking is A2DSDS. The WKN (Wertpapierkennnummer) is a six-digit German security identification number.

The ticker of SoundThinking is SSTI. The ticker symbol is used to trade SoundThinking shares on the stock exchange.

SoundThinking paid dividends every year for the past 0 years.

SoundThinking is assigned to the 'Information technology' sector.

The dividends of SoundThinking are distributed in USD.