SmartRent (SMRT) Projected to Post Earnings on Wednesday

Key Points

• SmartRent is expected to report Q3 2026 results before market open on November 4. Analysts project a loss of $0.02 per share and revenue of approximately $40.06 million.
• The company missed expectations in its latest quarter, reporting a $0.03 per-share loss and $38.39 million in revenue versus estimates of a $0.02 loss and $39.62 million in revenue.
• Insiders have been buying shares, including the CEO and a director, with insiders purchasing 267,000 shares worth about $378,110 over the past 90 days. Wall Street’s consensus rating remains “Hold,” with an average price target of $1.48.

SmartRent (NYSE:SMRT - Get Free Report) is projected to post its Q3 2026 results before the market opens on Wednesday, November 4th. Analysts expect the company to post earnings of ($0.02) per share and revenue of $40.06 million for the quarter. Individuals can find conference call details on the company's upcoming Q3 2026 earnings summary page for the latest details on the call scheduled for Wednesday, November 4, 2026 at 11:30 AM ET.

SmartRent (NYSE:SMRT - Get Free Report) last posted its earnings results on Wednesday, August 5th. The company reported ($0.03) earnings per share (EPS) for the quarter, missing analysts' consensus estimates of ($0.02) by ($0.01). The company had revenue of $38.39 million during the quarter, compared to analyst estimates of $39.62 million. On average, analysts expect SmartRent to post ($0.10) EPS for the current fiscal year and ($0.06) EPS for the next fiscal year.

SmartRent Stock Performance

Shares of SMRT opened at $1.31 on Wednesday. SmartRent has a twelve month low of $0.91 and a twelve month high of $2.20. The firm's 50 day moving average price is $1.24 and its two-hundred day moving average price is $1.35. The firm has a market cap of $251.97 million, a P/E ratio of -13.15 and a beta of 1.64.

Insider Activity

In related news, Director Ana G. Pinczuk purchased 107,000 shares of the stock in a transaction on Tuesday, August 11th. The shares were purchased at an average cost of $1.43 per share, with a total value of $153,010.00. Following the acquisition, the director directly owned 385,704 shares in the company, valued at $551,556.72. The trade was a 38.39% increase in their ownership of the stock. The acquisition was disclosed in a document filed with the SEC, which is accessible through this link. Also, CEO Frank Martell purchased 100,000 shares of the company's stock in a transaction that occurred on Tuesday, August 11th. The shares were purchased at an average cost of $1.42 per share, with a total value of $142,000.00. Following the completion of the acquisition, the chief executive officer owned 3,672,086 shares in the company, valued at $5,214,362.12. The trade was a 2.80% increase in their position. The SEC filing for this purchase provides additional information. In the last ninety days, insiders have bought 267,000 shares of company stock valued at $378,110. 2.30% of the stock is owned by company insiders.

Wall Street Analyst Weigh In

SMRT has been the topic of several research reports. Weiss Ratings cut shares of SmartRent from a "sell (d-)" rating to a "sell (e+)" rating in a research report on Friday, October 16th. B. Riley Financial assumed coverage on SmartRent in a report on Tuesday, October 13th. They set a "buy" rating and a $1.75 target price for the company. Finally, Keefe, Bruyette & Woods dropped their price target on SmartRent from $1.40 to $1.20 and set a "market perform" rating on the stock in a research note on Monday, July 13th. One research analyst has rated the stock with a Buy rating, two have issued a Hold rating and one has assigned a Sell rating to the stock. According to MarketBeat.com, the company presently has a consensus rating of "Hold" and an average price target of $1.48.

SmartRent Company Profile

SmartRent, Inc NYSE: SMRT provides smart-home technology and property-management solutions for rental housing owners, operators and residents. Its platform is designed to help housing providers manage connected properties, improve operational efficiency and offer residents digital control over home features and services.

The company's products and services include smart locks, thermostats, sensors, hubs, access-control systems and other connected devices, along with software for monitoring and managing properties.

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