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DOW   36,247.87
QQQ   392.17
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[Investor Alert] Potential Breakthrough Medical Tech Investment Opportunity (Ad)
Biden goes into 2024 with the economy getting stronger, but voters feel horrible about it
3 tech outperformers adored by analysts
S&P 500   4,604.37
DOW   36,247.87
QQQ   392.17
The Dodgers gave Shohei Ohtani $700 million to hit and pitch — but also because he can sell
All the trading advice you’ve ever received boils down to this (Ad)
Freshworks gets juiced on its AI customer engagement platform
At UN climate talks, cameras are everywhere. Many belong to Emirati company with a murky history
[Investor Alert] Potential Breakthrough Medical Tech Investment Opportunity (Ad)
Miyazaki's 'The Boy and the Heron' is No. 1 at the box office, a first for the Japanese anime master
Much of Kenya falls into darkness in the third nationwide power blackout in 3 months
[Investor Alert] Potential Breakthrough Medical Tech Investment Opportunity (Ad)
Biden goes into 2024 with the economy getting stronger, but voters feel horrible about it
3 tech outperformers adored by analysts
S&P 500   4,604.37
DOW   36,247.87
QQQ   392.17
The Dodgers gave Shohei Ohtani $700 million to hit and pitch — but also because he can sell
All the trading advice you’ve ever received boils down to this (Ad)
Freshworks gets juiced on its AI customer engagement platform
At UN climate talks, cameras are everywhere. Many belong to Emirati company with a murky history
[Investor Alert] Potential Breakthrough Medical Tech Investment Opportunity (Ad)
Miyazaki's 'The Boy and the Heron' is No. 1 at the box office, a first for the Japanese anime master
Much of Kenya falls into darkness in the third nationwide power blackout in 3 months
[Investor Alert] Potential Breakthrough Medical Tech Investment Opportunity (Ad)
Biden goes into 2024 with the economy getting stronger, but voters feel horrible about it
3 tech outperformers adored by analysts
S&P 500   4,604.37
DOW   36,247.87
QQQ   392.17
The Dodgers gave Shohei Ohtani $700 million to hit and pitch — but also because he can sell
All the trading advice you’ve ever received boils down to this (Ad)
Freshworks gets juiced on its AI customer engagement platform
At UN climate talks, cameras are everywhere. Many belong to Emirati company with a murky history
[Investor Alert] Potential Breakthrough Medical Tech Investment Opportunity (Ad)
Miyazaki's 'The Boy and the Heron' is No. 1 at the box office, a first for the Japanese anime master
Much of Kenya falls into darkness in the third nationwide power blackout in 3 months
[Investor Alert] Potential Breakthrough Medical Tech Investment Opportunity (Ad)
Biden goes into 2024 with the economy getting stronger, but voters feel horrible about it
3 tech outperformers adored by analysts

Smartsheet (SMAR) Stock Price, News & Analysis

$44.16
-0.73 (-1.63%)
(As of 12/8/2023 08:57 PM ET)
Compare
Today's Range
$42.76
$47.10
50-Day Range
$38.07
$45.26
52-Week Range
$34.78
$52.81
Volume
4.10 million shs
Average Volume
1.41 million shs
Market Capitalization
$5.97 billion
P/E Ratio
N/A
Dividend Yield
N/A
Price Target
$53.13

Smartsheet MarketRank™ Stock Analysis

Analyst Rating
Moderate Buy
2.73 Rating Score
Upside/​Downside
20.3% Upside
$53.13 Price Target
Short Interest
Healthy
1.89% of Shares Sold Short
Dividend Strength
N/A
Sustainability
-0.46
Upright™ Environmental Score
News Sentiment
0.75mentions of Smartsheet in the last 14 days
Based on 41 Articles This Week
Insider Trading
Selling Shares
$9.57 M Sold Last Quarter
Proj. Earnings Growth
Growing
From ($1.00) to ($0.78) Per Share

Overall MarketRank

MarketRank is calculated as an average of available category scores, with extra weight given to analysis and valuation.

2.46 out of 5 stars

Computer And Technology Sector

128th out of 586 stocks

Prepackaged Software Industry

28th out of 187 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

Monday.com rocked earnings like it's the weekend (SMAR)
Business collaboration software-as-a-service (SaaS) developer monday.com Ltd. had its sixth consecutive earnings blowout. Learn more.
Atlassian fumbles the quarter but is still leading the game (SMAR)
Collaboration software developer Atlassian's stock dropped 10% after its latest earnings report showed slowing growth, but the company is still a sector leader
[Investor Alert] Potential Breakthrough Medical Tech Investment Opportunity
Autonomix has patented technology that can detect and target nerve signals at an accuracy never seen before, a $100B opportunity. Now the team with almost $600M in exits is planning to list Autonomix on the Nasdaq. And you can invest in Autonomix ahead of their intended Nasdaq listing.* *Disclosure: This is a paid advertisement for Autonomix’s Regulation A+ Offering. Please read the offering circular at invest.autonomix.com
Smartsheet (NYSE:SMAR) PT Raised to $55.00
Smartsheet (NYSE:SMAR) PT Raised to $53.00 at KeyCorp
Smartsheet Inc (NYSE:SMAR) Receives $52.53 Average PT from Analysts
[Investor Alert] Potential Breakthrough Medical Tech Investment Opportunity
Autonomix has patented technology that can detect and target nerve signals at an accuracy never seen before, a $100B opportunity. Now the team with almost $600M in exits is planning to list Autonomix on the Nasdaq. And you can invest in Autonomix ahead of their intended Nasdaq listing.* *Disclosure: This is a paid advertisement for Autonomix’s Regulation A+ Offering. Please read the offering circular at invest.autonomix.com
DA Davidson Reaffirms Buy Rating for Smartsheet (NYSE:SMAR)
What 6 Analyst Ratings Have To Say About Smartsheet
Q3 2024 Smartsheet Inc Earnings Call
Smartsheet: Q3 Earnings Insights
Smartsheet (NYSE:SMAR) Q3: Beats On Revenue
Smartsheet Q3 2024 Earnings Preview
Earnings Outlook For Smartsheet
Here's what Wall Street expects from Smartsheet's earnings report
See More Headlines
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Company Calendar

Last Earnings
12/07/2023
Today
12/11/2023
Fiscal Year End
1/31/2024
Next Earnings (Estimated)
3/12/2024

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
$53.13
High Stock Price Target
$60.00
Low Stock Price Target
$40.00
Potential Upside/Downside
+20.3%
Consensus Rating
Moderate Buy
Rating Score (0-4)
2.73
Research Coverage
15 Analysts

Profitability

Net Income
$-215,640,000.00
Pretax Margin
-15.95%

Debt

Sales & Book Value

Annual Sales
$766.91 million
Book Value
$3.68 per share

Miscellaneous

Free Float
128,768,000
Market Cap
$5.97 billion
Optionable
Not Optionable
Beta
0.86
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SMAR Stock Analysis - Frequently Asked Questions

Should I buy or sell Smartsheet stock right now?

15 Wall Street analysts have issued "buy," "hold," and "sell" ratings for Smartsheet in the last twelve months. There are currently 4 hold ratings and 11 buy ratings for the stock. The consensus among Wall Street 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 brokerages have issued 12-month target prices for Smartsheet's shares. Their SMAR share price targets range from $40.00 to $60.00. On average, they predict the company's stock price to reach $53.13 in the next twelve months. This suggests a possible upside of 20.3% 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 2023?

Smartsheet's stock was trading at $39.36 at the beginning of 2023. Since then, SMAR shares have increased by 12.2% and is now trading at $44.16.
View the best growth stocks for 2023 here
.

Are investors shorting Smartsheet?

Smartsheet saw a drop in short interest in the month of October. As of October 31st, there was short interest totaling 2,600,000 shares, a drop of 16.7% from the October 15th total of 3,120,000 shares. Based on an average daily volume of 1,370,000 shares, the days-to-cover ratio is presently 1.9 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 Tuesday, March 12th 2024.
View our SMAR earnings forecast
.

How were Smartsheet's earnings last quarter?

Smartsheet Inc (NYSE:SMAR) released its quarterly earnings data on Thursday, December, 7th. The company reported $0.16 earnings per share for the quarter, beating analysts' consensus estimates of $0.09 by $0.07. The company had revenue of $245.90 million for the quarter, compared to analysts' expectations of $241.36 million. Smartsheet had a negative net margin of 15.15% and a negative trailing twelve-month return on equity of 24.43%. The business's revenue for the quarter was up 23.2% compared to the same quarter last year. During the same quarter in the prior year, the business posted ($0.30) EPS.

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

Smartsheet issued an update on its FY24 earnings guidance on Thursday, December, 7th. The company provided EPS guidance of $0.68-0.69 for the period, compared to the consensus estimate of $0.55. The company issued revenue guidance of $955-957 million, compared to the consensus revenue estimate of $951.96 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 initial public offering on Friday, April 27th 2018. The company issued 11,600,000 shares at $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.

Who are Smartsheet's major shareholders?

Smartsheet's stock is owned by a number of institutional and retail investors. Top institutional investors include Eminence Capital LP (2.46%), Westfield Capital Management Co. LP (1.84%), TimesSquare Capital Management LLC (1.55%), JPMorgan Chase & Co. (1.20%), Alkeon Capital Management LLC (0.99%) and RGM Capital LLC (0.93%). 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, Kara Hamilton, 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 WeBull, Vanguard Brokerage Services, TD Ameritrade, E*TRADE, Robinhood, Fidelity, and Charles Schwab.
Compare Top Brokerages Here.

This page (NYSE:SMAR) was last updated on 12/11/2023 by MarketBeat.com Staff

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