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S&P 500   5,087.03
DOW   39,069.11
QQQ   438.07
Top-Rated AMD nears major breakout level
Laser breakthrough could send stock soaring 2,467% (Ad)
Roku stock and the mother of all entry opportunities
AI powerhouse NVIDIA will hit $1000 soon
Laser breakthrough could send stock soaring 2,467% (Ad)
Nvidia, Royal Caribbean rise; Rivian, Etsy fall, Thursday, 2/22/2024
Rivian shares gets discounted; shares can move lower 
Laser breakthrough could send stock soaring 2,467% (Ad)
The Trade Desk: 3 reasons to buy before a new all-time high
Wall Street sees a solid year ahead for homebuilders, though mortgage rates remain a wildcard
S&P 500   5,087.03
DOW   39,069.11
QQQ   438.07
Top-Rated AMD nears major breakout level
Laser breakthrough could send stock soaring 2,467% (Ad)
Roku stock and the mother of all entry opportunities
AI powerhouse NVIDIA will hit $1000 soon
Laser breakthrough could send stock soaring 2,467% (Ad)
Nvidia, Royal Caribbean rise; Rivian, Etsy fall, Thursday, 2/22/2024
Rivian shares gets discounted; shares can move lower 
Laser breakthrough could send stock soaring 2,467% (Ad)
The Trade Desk: 3 reasons to buy before a new all-time high
Wall Street sees a solid year ahead for homebuilders, though mortgage rates remain a wildcard
S&P 500   5,087.03
DOW   39,069.11
QQQ   438.07
Top-Rated AMD nears major breakout level
Laser breakthrough could send stock soaring 2,467% (Ad)
Roku stock and the mother of all entry opportunities
AI powerhouse NVIDIA will hit $1000 soon
Laser breakthrough could send stock soaring 2,467% (Ad)
Nvidia, Royal Caribbean rise; Rivian, Etsy fall, Thursday, 2/22/2024
Rivian shares gets discounted; shares can move lower 
Laser breakthrough could send stock soaring 2,467% (Ad)
The Trade Desk: 3 reasons to buy before a new all-time high
Wall Street sees a solid year ahead for homebuilders, though mortgage rates remain a wildcard
NYSE:SMAR

Smartsheet (SMAR) Stock Price, News & Analysis

$42.03
+0.57 (+1.37%)
(As of 02/22/2024 ET)
Today's Range
$41.50
$42.58
50-Day Range
$41.45
$48.57
52-Week Range
$37.09
$52.81
Volume
1.04 million shs
Average Volume
1.16 million shs
Market Capitalization
$5.73 billion
P/E Ratio
N/A
Dividend Yield
N/A
Price Target
$53.87

Smartsheet MarketRank™ Stock Analysis

Analyst Rating
Moderate Buy
2.80 Rating Score
Upside/​Downside
28.2% Upside
$53.87 Price Target
Short Interest
Healthy
2.05% of Shares Sold Short
Dividend Strength
N/A
Sustainability
-0.46
Upright™ Environmental Score
News Sentiment
0.69mentions of Smartsheet in the last 14 days
Based on 9 Articles This Week
Insider Trading
Selling Shares
$1.59 M Sold Last Quarter
Proj. Earnings Growth
Growing
From ($0.84) to ($0.61) Per Share

Overall MarketRank

New Rank-Based ScoringMarketRank is calculated by averaging available category scores (with extra weight given to analysis and valuation), then ranking the company's weighted average against that of other companies.

4.74 out of 5 stars

Computer And Technology Sector

68th out of 585 stocks

Prepackaged Software Industry

14th out of 189 stocks


SMAR stock logo

About Smartsheet Stock (NYSE:SMAR)

Smartsheet, Inc. engages in managing and automating collaborative work. Its platform provides solutions that eliminate the obstacles to capturing information, including a familiar and intuitive spreadsheet interface as well as easily customizable forms. The company was founded by W. Eric Browne, Maria Colacurcio, John D. Creason and Brent R. Frei in June 2005 and is headquartered in Bellevue, WA.

SMAR Stock Price History

SMAR Stock News Headlines

This is the #1 Stock to Buy for the AI Tidal Wave
Marc Chaikin warned people about NVDA before its 2023 bull run - now he’s naming his next pick or the AI tidal wave. Learn more here.
Public Service Announcement: New National Emergency Incoming
Americans urged to share this new documentary with their friends and family before this looming event triggers a new national crisis… 
20 Countries With The Best English Accent in The World
Smartsheet: Stars Aligned For Major Comeback
Smartsheet: A Mispriced SaaS Leader
See More Headlines
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Company Calendar

Last Earnings
12/07/2023
Today
2/23/2024
Next Earnings (Confirmed)
3/14/2024
Fiscal Year End
1/31/2025

Industry, Sector and Symbol

Industry
Prepackaged software
Sub-Industry
N/A
Fax
N/A
Employees
3,191
Year Founded
N/A

Price Target and Rating

Average Stock Price Target
$53.87
High Stock Price Target
$63.00
Low Stock Price Target
$40.00
Potential Upside/Downside
+28.2%
Consensus Rating
Moderate Buy
Rating Score (0-4)
2.80
Research Coverage
15 Analysts

Profitability

Net Income
$-215,640,000.00
Pretax Margin
-14.01%

Debt

Sales & Book Value

Annual Sales
$913.73 million
Book Value
$3.68 per share

Miscellaneous

Free Float
129,839,000
Market Cap
$5.73 billion
Optionable
Optionable
Beta
0.80
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SMAR Stock Analysis - Frequently Asked Questions

Should I buy or sell Smartsheet stock right now?

15 Wall Street research analysts have issued "buy," "hold," and "sell" ratings for Smartsheet in the last year. There are currently 3 hold ratings and 12 buy ratings for the stock. The consensus among Wall Street research analysts is that investors should "moderate buy" SMAR shares.
View SMAR analyst ratings
or view top-rated stocks.

What is Smartsheet's stock price target for 2024?

15 equities research analysts have issued 1-year target prices for Smartsheet's stock. Their SMAR share price targets range from $40.00 to $63.00. On average, they anticipate the company's stock price to reach $53.87 in the next year. This suggests a possible upside of 28.2% from the stock's current price.
View analysts price targets for SMAR
or view top-rated stocks among Wall Street analysts.

How have SMAR shares performed in 2024?

Smartsheet's stock was trading at $47.82 at the start of the year. Since then, SMAR shares have decreased by 12.1% and is now trading at $42.03.
View the best growth stocks for 2024 here
.

Are investors shorting Smartsheet?

Smartsheet saw a increase in short interest in January. As of January 31st, there was short interest totaling 2,790,000 shares, an increase of 25.7% from the January 15th total of 2,220,000 shares. Based on an average daily trading volume, of 1,250,000 shares, the days-to-cover ratio is presently 2.2 days.
View Smartsheet's Short Interest
.

When is Smartsheet's next earnings date?

The company is scheduled to release its next quarterly earnings announcement on Thursday, March 14th 2024.
View our SMAR earnings forecast
.

How can I listen to Smartsheet's earnings call?

Smartsheet will be holding an earnings conference call on Thursday, March 14th at 4:30 PM Eastern. Interested parties can register for or listen to the call using this link or dial in at 609-800-9909.

How were Smartsheet's earnings last quarter?

Smartsheet Inc (NYSE:SMAR) announced its quarterly earnings data on Thursday, December, 7th. The company reported $0.16 earnings per share (EPS) for the quarter, beating analysts' consensus estimates of $0.09 by $0.07. The company earned $245.90 million during the quarter, compared to analyst estimates of $241.36 million. Smartsheet had a negative trailing twelve-month return on equity of 23.90% and a negative net margin of 15.15%. The business's revenue was up 23.2% on a year-over-year basis. During the same quarter in the previous year, the business posted ($0.30) EPS.

What guidance has Smartsheet issued on next quarter's earnings?

Smartsheet issued an update on its FY 2024 earnings guidance on Monday, December, 11th. The company provided earnings per share guidance of 0.680-0.690 for the period, compared to the consensus earnings per share estimate of 0.550. The company issued revenue guidance of $955.0 million-$957.0 million, compared to the consensus revenue estimate of $952.8 million.

What is Mark Mader's approval rating as Smartsheet's CEO?

182 employees have rated Smartsheet Chief Executive Officer Mark Mader on Glassdoor.com. Mark Mader has an approval rating of 90% among the company's employees.

What other stocks do shareholders of Smartsheet own?

Based on aggregate information from My MarketBeat watchlists, some companies that other Smartsheet investors own include NVIDIA (NVDA), DocuSign (DOCU), Twilio (TWLO), Alibaba Group (BABA), Okta (OKTA), Block (SQ), Shopify (SHOP), Trade Desk (TTD), Salesforce (CRM) and Tesla (TSLA).

When did Smartsheet IPO?

(SMAR) raised $128 million in an IPO 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 acted as the underwriters for the IPO and Canaccord Genuity, William Blair and SunTrust Robinson Humphrey were co-managers.

Who are Smartsheet's major shareholders?

Smartsheet's stock is owned by a number of retail and institutional investors. Top institutional shareholders include Vanguard Group Inc. (9.97%), Capital World Investors (7.70%), Brown Capital Management LLC (4.63%), Dorsal Capital Management LP (2.37%), Eminence Capital LP (2.33%) and Westfield Capital Management Co. LP (1.99%). Insiders that own company stock include Alissa Jamese Abdullah, Andrew Lee Bennett, Anna Griffin, Brendan Walsh, Brent Frei, Elena Gomez, Eugene Farrell, Geoffrey T Barker, James N White, Jolene Lau Marshall, Joseph M Jr Manko, Magdalena Yesil, Mark Patrick Mader, Matthew S Mcilwain, Megan Hansen, Michael Arntz, Michael P Gregoire, Paul Porrini, Pete Godbole and Stephen Robert Branstetter.
View institutional ownership trends
.

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.
Compare Top Brokerages Here.

This page (NYSE:SMAR) was last updated on 2/23/2024 by MarketBeat.com Staff