S&P 500   4,967.23
DOW   37,986.40
QQQ   414.65
North Carolina medical marijuana sales begin at Cherokee store
Ukrainian and Western leaders laud US aid package while the Kremlin warns of 'further ruin'
Biden sees a $35 price cap for insulin as a pivotal campaign issue. It’s not that clear-cut
'Civil War’ continues box-office campaign at No. 1
Hawaii lawmakers take aim at vacation rentals after Lahaina wildfire amplifies Maui housing crisis
Conservative Brazilians laud Elon Musk at rally in support of ex-president Bolsonaro
Tens of thousands of Colombians protest against the leftist president's reform agenda
S&P 500   4,967.23
DOW   37,986.40
QQQ   414.65
North Carolina medical marijuana sales begin at Cherokee store
Ukrainian and Western leaders laud US aid package while the Kremlin warns of 'further ruin'
Biden sees a $35 price cap for insulin as a pivotal campaign issue. It’s not that clear-cut
'Civil War’ continues box-office campaign at No. 1
Hawaii lawmakers take aim at vacation rentals after Lahaina wildfire amplifies Maui housing crisis
Conservative Brazilians laud Elon Musk at rally in support of ex-president Bolsonaro
Tens of thousands of Colombians protest against the leftist president's reform agenda
S&P 500   4,967.23
DOW   37,986.40
QQQ   414.65
North Carolina medical marijuana sales begin at Cherokee store
Ukrainian and Western leaders laud US aid package while the Kremlin warns of 'further ruin'
Biden sees a $35 price cap for insulin as a pivotal campaign issue. It’s not that clear-cut
'Civil War’ continues box-office campaign at No. 1
Hawaii lawmakers take aim at vacation rentals after Lahaina wildfire amplifies Maui housing crisis
Conservative Brazilians laud Elon Musk at rally in support of ex-president Bolsonaro
Tens of thousands of Colombians protest against the leftist president's reform agenda
S&P 500   4,967.23
DOW   37,986.40
QQQ   414.65
North Carolina medical marijuana sales begin at Cherokee store
Ukrainian and Western leaders laud US aid package while the Kremlin warns of 'further ruin'
Biden sees a $35 price cap for insulin as a pivotal campaign issue. It’s not that clear-cut
'Civil War’ continues box-office campaign at No. 1
Hawaii lawmakers take aim at vacation rentals after Lahaina wildfire amplifies Maui housing crisis
Conservative Brazilians laud Elon Musk at rally in support of ex-president Bolsonaro
Tens of thousands of Colombians protest against the leftist president's reform agenda

Smartsheet (SMAR) Stock Price, News & Analysis

$36.80
-0.62 (-1.66%)
(As of 04/19/2024 ET)
Today's Range
$36.57
$37.50
50-Day Range
$36.58
$46.55
52-Week Range
$35.52
$52.81
Volume
1.12 million shs
Average Volume
1.72 million shs
Market Capitalization
$5.06 billion
P/E Ratio
N/A
Dividend Yield
N/A
Price Target
$49.75

Smartsheet MarketRank™ Stock Analysis

Analyst Rating
Moderate Buy
2.69 Rating Score
Upside/​Downside
35.2% Upside
$49.75 Price Target
Short Interest
Healthy
1.72% of Shares Sold Short
Dividend Strength
N/A
Sustainability
-0.46
Upright™ Environmental Score
News Sentiment
0.63mentions of Smartsheet in the last 14 days
Based on 12 Articles This Week
Insider Trading
Selling Shares
$1.36 M Sold Last Quarter
Proj. Earnings Growth
Growing
From ($0.43) to ($0.17) 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.

4.73 out of 5 stars

Computer And Technology Sector

59th out of 586 stocks

Prepackaged Software Industry

16th out of 201 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

SHOCKING Crypto Leak…
A shocking leak has revealed tech giant Microsoft's plans to add crypto support to future products. If the plans in these leaked internal documents pan out, we could see prices skyrocket for Bitcoin, Ethereum, XRP and MORE… The coupling of gaming and cryptocurrency could absolutely transform digital finance as we know it in 2024.
2 Earnings Dumpers Worth a Second Look
Every earnings season comes with its winners and losers. In most cases, an actual earnings beat doesn't matter as much as the forward guidance.
2 Earnings Dumpers Worth a Second Look
Here are two companies worth a second look despite giving weak guidance in their earnings reports that caused each stock's shares to topple.
Smartsheet to Buyback $150M Shares
SHOCKING Crypto Leak…
A shocking leak has revealed tech giant Microsoft's plans to add crypto support to future products. If the plans in these leaked internal documents pan out, we could see prices skyrocket for Bitcoin, Ethereum, XRP and MORE… The coupling of gaming and cryptocurrency could absolutely transform digital finance as we know it in 2024.
Smartsheet Appoints Jo Deal as Chief People Officer
Smartsheet Review 2024 (Pricing, Pros and Cons)
3 Overlooked AI Stocks for Growth Investors
Smartsheet co-founder leaving company's board
Smartsheet Names Katie Rooney to Board of Directors
Smartsheet Names Katie Rooney to Board of Directors
See More Headlines
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Company Calendar

Last Earnings
3/14/2024
Today
4/21/2024
Next Earnings (Estimated)
6/05/2024
Fiscal Year End
1/31/2025

Industry, Sector and Symbol

Industry
Prepackaged software
Sub-Industry
N/A
Fax
N/A
Employees
3,330
Year Founded
N/A

Price Target and Rating

Average Stock Price Target
$49.75
High Stock Price Target
$63.00
Low Stock Price Target
$36.00
Potential Upside/Downside
+35.2%
Consensus Rating
Moderate Buy
Rating Score (0-4)
2.69
Research Coverage
16 Analysts

Profitability

Net Income
$-104,630,000.00
Pretax Margin
-10.03%

Debt

Sales & Book Value

Annual Sales
$958.34 million
Book Value
$4.43 per share

Miscellaneous

Free Float
130,951,000
Market Cap
$5.06 billion
Optionable
Optionable
Beta
0.73
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SMAR Stock Analysis - Frequently Asked Questions

Should I buy or sell Smartsheet stock right now?

16 Wall Street analysts have issued "buy," "hold," and "sell" ratings for Smartsheet in the last twelve months. There are currently 1 sell rating, 3 hold ratings and 12 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?

16 Wall Street analysts have issued twelve-month target prices for Smartsheet's stock. Their SMAR share price targets range from $36.00 to $63.00. On average, they anticipate the company's stock price to reach $49.75 in the next twelve months. This suggests a possible upside of 35.2% 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 23.0% and is now trading at $36.80.
View the best growth stocks for 2024 here
.

When is Smartsheet's next earnings date?

The company is scheduled to release its next quarterly earnings announcement on Wednesday, June 5th 2024.
View our SMAR earnings forecast
.

How were Smartsheet's earnings last quarter?

Smartsheet Inc (NYSE:SMAR) issued its quarterly earnings data on Thursday, March, 14th. The company reported ($0.05) EPS for the quarter, topping analysts' consensus estimates of ($0.22) by $0.17. The firm earned $256.95 million during the quarter, compared to the consensus estimate of $254.99 million. Smartsheet had a negative trailing twelve-month return on equity of 16.57% and a negative net margin of 10.92%.

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

Smartsheet updated its first quarter 2025 earnings guidance on Thursday, March, 14th. The company provided earnings per share (EPS) guidance of 0.260-0.270 for the period, compared to the consensus earnings per share estimate of 0.200. The company issued revenue guidance of $257.0 million-$259.0 million, compared to the consensus revenue estimate of $263.6 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?

Smartsheet (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 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 many different institutional and retail investors. Top institutional shareholders include Los Angeles Capital Management LLC (0.58%), AMI Asset Management Corp (0.08%), Moody National Bank Trust Division (0.03%), Washington Capital Management Inc. (0.01%), Allspring Global Investments Holdings LLC (0.00%) and Banque Cantonale Vaudoise (0.00%). 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 4/21/2024 by MarketBeat.com Staff

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