Smartsheet (SMAR) Stock Price, News & Analysis

Company Overview

Smartsheet Inc. is a leading provider of cloud-based work management and automation software designed to help organizations plan, track, automate and report on work at scale. Since its founding in 2005 and rebranding to Smartsheet in 2006, the company has focused on delivering a flexible, spreadsheet-like interface combined with rich collaboration and workflow capabilities. Smartsheet’s platform enables teams to manage projects, processes, and everyday work through intuitive dashboards, automated workflows, forms and real-time reporting.

The company’s flagship offering, the Smartsheet Work Execution Platform, allows users to create customizable workspaces where tasks, schedules, budgets and dependencies can be easily configured without coding. Integrated automation features empower teams to streamline repetitive tasks, trigger alerts based on predefined rules and synchronize data across multiple systems. In addition to core project management functions, Smartsheet supports resource management, content collaboration and portfolio-level oversight, making it suitable for both small teams and large enterprises.

Headquartered in Bellevue, Washington, Smartsheet serves customers across North America, Europe, Asia-Pacific and other regions, with its platform available in multiple languages. Through partnerships and integrations with major technology providers—such as Microsoft, Google, Salesforce and AWS—Smartsheet enables seamless connectivity to existing tools and data sources. The company also offers a mobile application to support on-the-go collaboration and maintain project visibility from any location.

Leadership at Smartsheet is spearheaded by Chief Executive Officer Mark Mader, one of the company’s co-founders, who has overseen its growth from a startup to a global software provider. Under Mader’s guidance, Smartsheet has expanded its product portfolio through investments in innovation and strategic acquisitions. With a focus on customer success and continuous platform enhancement, the company aims to address evolving work challenges and help organizations drive productivity, agility and accountability.

Key Stats

• Today's Range: $56.47 to $56.47
• 50-Day Range: $56.47 to $56.47
• 52-Week Range: $42.44 to $56.55
• Volume: N/A
• Average Volume: 3.15 million shs
• Market Capitalization: $7.91 billion
• P/E Ratio: N/A
• Dividend Yield: N/A
• Price Target: $57.00
• Consensus Rating: Hold

Smartsheet Stock Analysis - MarketRank™

Smartsheet scored higher than 26% of companies evaluated by MarketBeat, and ranked 536th out of 663 stocks in the computer and technology sector. Scores are calculated by averaging available category scores, with extra weight given to analysis and valuation.

Analyst's Opinion

• Score: 1.0 / 5
• Analyst Rating: Hold

Consensus Rating

Smartsheet has received a consensus rating of Hold. The company's average rating score is 2.06, and is based on 1 buy rating, 16 hold ratings, and no sell ratings.

Amount of Analyst Coverage

Smartsheet has received no research coverage in the past 90 days.

Earnings and Valuation

• Score: 1.9 / 5
• Proj. Earnings Growth: 550.00%

Earnings Growth

Earnings for Smartsheet are expected to grow by 550.00% in the coming year, from $0.02 to $0.13 per share.

Price to Earnings Ratio vs. the Market

The P/E ratio of Smartsheet is -941.17, which means that its earnings are negative and its P/E ratio cannot be compared to companies with positive earnings.

Price to Earnings Ratio vs. Sector

The P/E ratio of Smartsheet is -941.17, which means that its earnings are negative and its P/E ratio cannot be compared to companies with positive earnings.

Price to Earnings Growth Ratio

Smartsheet has a PEG Ratio of 82.90. PEG Ratios above 1 indicate that a company could be overvalued.

Price to Book Value per Share Ratio

Smartsheet has a P/B Ratio of 12.75. P/B Ratios above 3 indicate that a company could be overvalued with respect to its assets and liabilities.

Short Interest

• Score: N/A
• Short Interest Level: N/A

Short Interest

There is no current short interest data available for SMAR.

Dividend

• Score: 0.0 / 5
• Dividend Strength: N/A

Dividend Yield

Smartsheet does not currently pay a dividend.

Dividend Growth

Smartsheet does not have a long track record of dividend growth.

Sustainability and ESG

• Score: 3.6 / 5
• Environmental Score: -0.46

Short Interest

There is no current short interest data available for SMAR.

News and Social Media

• Score: N/A
• News Sentiment: N/A

Company Ownership

• Score: 1.7 / 5
• Insider Trading: N/A

Insider Buying vs. Insider Selling

In the past three months, Smartsheet insiders have not sold or bought any company stock.

Percentage Held by Insiders

Only 4.52% of the stock of Smartsheet is held by insiders.

Percentage Held by Institutions

90.01% of the stock of Smartsheet is held by institutions. High institutional ownership can be a signal of strong market trust in this company.

SMAR Stock Analysis - Frequently Asked Questions

How have SMAR shares performed this year?

Smartsheet's stock was trading at $56.03 at the beginning of the year. Since then, SMAR shares have increased by 0.8% and is now trading at $56.47.

How were Smartsheet's earnings last quarter?

Smartsheet Inc (NYSE:SMAR) issued its quarterly earnings results on Thursday, September, 5th. The company reported $0.44 earnings per share for the quarter, beating analysts' consensus estimates of $0.29 by $0.15. The business's revenue was up 17.3% compared to the same quarter last year.
Read the conference call transcript.

Is Smartsheet buying back stock?

Smartsheet's Board of Directors approved a stock buyback program on Thursday, September 5th 2024, which permits the company to buy back $150,000,000 in outstanding shares, according to EventVestor. This means that the company could repurchase up to 2.1% of its stock through open market purchases. Stock repurchase programs are typically an indication that the company's board believes its shares are undervalued.

When did Smartsheet IPO?

Smartsheet (SMAR) raised $128 million in an initial public offering on Friday, April 27th 2018. The company issued 11,600,000 shares at a price of $10.00-$12.00 per share. Morgan Stanley, J.P. Morgan, Jefferies and RBC Capital Markets served as the underwriters for the IPO and Canaccord Genuity, William Blair and SunTrust Robinson Humphrey were co-managers.

How do I buy shares of Smartsheet?

Shares of SMAR stock can be purchased through any online brokerage account. Popular online brokerages with access to the U.S. stock market include Charles Schwab, E*TRADE, Fidelity, and Vanguard Brokerage Services.

What other stocks do shareholders of Smartsheet own?

Based on aggregate information from My MarketBeat watchlists, some other companies that Smartsheet investors own include NVIDIA (NVDA), Meta Platforms (META), Tesla (TSLA), Advanced Micro Devices (AMD), Netflix (NFLX), Alphabet (GOOG) and PayPal (PYPL).

Company Calendar

• Last Earnings: 9/05/2024
• Today: 7/05/2025
• Fiscal Year End: 1/31/2026

Industry, Sector and Symbol

• Stock Exchange: NYSE
• Sector: Computer and Technology
• Industry: Prepackaged software
• Sub-Industry: N/A
• Current Symbol: NYSE:SMAR
• CIK: 1366561
• Web: www.smartsheet.com
• Phone: 844-324-2360
• Fax: N/A
• Employees: 3,330
• Year Founded: N/A

Price Target and Rating

• Average Stock Price Target: $57.00
• High Stock Price Target: $62.00
• Low Stock Price Target: $56.50
• Potential Upside/Downside: +0.9%
• Consensus Rating: Hold
• Rating Score (0-4): 2.06
• Research Coverage: 17 Analysts

Profitability

• EPS (Trailing Twelve Months): ($0.06)
• Trailing P/E Ratio: N/A
• Forward P/E Ratio: 2,823.50
• P/E Growth: 82.9
• Net Income: -$104.63 million
• Net Margins: -0.80%
• Pretax Margin: -0.71%
• Return on Equity: 2.33%
• Return on Assets: 1.12%

Debt

• Debt-to-Equity Ratio: N/A
• Current Ratio: 1.51
• Quick Ratio: 1.51

Sales & Book Value

• Annual Sales: $958.34 million
• Price / Sales: 8.25
• Cash Flow: N/A
• Price / Cash Flow: N/A
• Book Value: $4.43 per share
• Price / Book: 12.75

Miscellaneous

• Outstanding Shares: 140,000,000
• Free Float: 133,674,000
• Market Cap: $7.91 billion
• Optionable: Optionable
• Beta: 0.71