S&P 500   5,137.08
DOW   39,087.38
QQQ   445.61
South Korean doctors hold massive anti-government rally over medical school recruitment plan
Critical asset just had biggest fall on record (Ad)
Nobel laureate Muhammad Yunus is granted bail in a Bangladesh graft case
The former chairman of the state-owned Bank of Beijing is being investigated for alleged corruption
Critical asset just had biggest fall on record (Ad)
Trader Joe's chicken soup dumplings recalled for possibly containing permanent marker plastic
Chicago 'mansion' tax to fund homeless services stuck in legal limbo while on the ballot
This is the #1 Stock to Buy for the AI Tidal Wave (Ad)
What to watch for as China's major political meeting of the year gets underway
Head Start preschools aim to fight poverty, but their teachers struggle to make ends meet
S&P 500   5,137.08
DOW   39,087.38
QQQ   445.61
South Korean doctors hold massive anti-government rally over medical school recruitment plan
Critical asset just had biggest fall on record (Ad)
Nobel laureate Muhammad Yunus is granted bail in a Bangladesh graft case
The former chairman of the state-owned Bank of Beijing is being investigated for alleged corruption
Critical asset just had biggest fall on record (Ad)
Trader Joe's chicken soup dumplings recalled for possibly containing permanent marker plastic
Chicago 'mansion' tax to fund homeless services stuck in legal limbo while on the ballot
This is the #1 Stock to Buy for the AI Tidal Wave (Ad)
What to watch for as China's major political meeting of the year gets underway
Head Start preschools aim to fight poverty, but their teachers struggle to make ends meet
S&P 500   5,137.08
DOW   39,087.38
QQQ   445.61
South Korean doctors hold massive anti-government rally over medical school recruitment plan
Critical asset just had biggest fall on record (Ad)
Nobel laureate Muhammad Yunus is granted bail in a Bangladesh graft case
The former chairman of the state-owned Bank of Beijing is being investigated for alleged corruption
Critical asset just had biggest fall on record (Ad)
Trader Joe's chicken soup dumplings recalled for possibly containing permanent marker plastic
Chicago 'mansion' tax to fund homeless services stuck in legal limbo while on the ballot
This is the #1 Stock to Buy for the AI Tidal Wave (Ad)
What to watch for as China's major political meeting of the year gets underway
Head Start preschools aim to fight poverty, but their teachers struggle to make ends meet
S&P 500   5,137.08
DOW   39,087.38
QQQ   445.61
South Korean doctors hold massive anti-government rally over medical school recruitment plan
Critical asset just had biggest fall on record (Ad)
Nobel laureate Muhammad Yunus is granted bail in a Bangladesh graft case
The former chairman of the state-owned Bank of Beijing is being investigated for alleged corruption
Critical asset just had biggest fall on record (Ad)
Trader Joe's chicken soup dumplings recalled for possibly containing permanent marker plastic
Chicago 'mansion' tax to fund homeless services stuck in legal limbo while on the ballot
This is the #1 Stock to Buy for the AI Tidal Wave (Ad)
What to watch for as China's major political meeting of the year gets underway
Head Start preschools aim to fight poverty, but their teachers struggle to make ends meet
NYSE:SMAR

Smartsheet (SMAR) Stock Price, News & Analysis

$43.00
+0.79 (+1.87%)
(As of 03/1/2024 ET)
Today's Range
$41.37
$43.24
50-Day Range
$41.45
$48.57
52-Week Range
$37.09
$52.81
Volume
1.69 million shs
Average Volume
1.06 million shs
Market Capitalization
$5.86 billion
P/E Ratio
N/A
Dividend Yield
N/A
Price Target
$53.31

Smartsheet MarketRank™ Stock Analysis

Analyst Rating
Moderate Buy
2.69 Rating Score
Upside/​Downside
24.0% Upside
$53.31 Price Target
Short Interest
Healthy
2.04% of Shares Sold Short
Dividend Strength
N/A
Sustainability
-0.46
Upright™ Environmental Score
News Sentiment
0.88mentions of Smartsheet in the last 14 days
Based on 17 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.

4.51 out of 5 stars

Computer And Technology Sector

95th out of 598 stocks

Prepackaged Software Industry

24th out of 204 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.
5 Stocks That Will Double in 2024
Bank of America Begins Coverage on Smartsheet (NYSE:SMAR)
Critical asset just had biggest fall on record
What many consider America's critical financial asset suffers biggest fall on record. Expert says: "it's very bad for millions, protect yourself now."
5 Analysts Assess Smartsheet: What You Need To Know
SMAR May 2024 50.000 put
20 Countries With The Best English Accent in The World
See More Headlines
Receive SMAR Stock News and Ratings via Email

Sign-up to receive the latest news and ratings for Smartsheet and its competitors with MarketBeat's FREE daily newsletter.

Company Calendar

Last Earnings
12/07/2023
Today
3/03/2024
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
$53.31
High Stock Price Target
$63.00
Low Stock Price Target
$40.00
Potential Upside/Downside
+24.0%
Consensus Rating
Moderate Buy
Rating Score (0-4)
2.69
Research Coverage
16 Analysts

Profitability

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

Debt

Sales & Book Value

Annual Sales
$766.91 million
Book Value
$3.68 per share

Miscellaneous

Free Float
129,839,000
Market Cap
$5.86 billion
Optionable
Optionable
Beta
0.75
Ten Starter Stocks For Beginners to Buy Now Cover

Just getting into the stock market? These 10 simple stocks can help beginning investors build long-term wealth without knowing options, technicals, or other advanced strategies.

Get This Free Report














SMAR Stock Analysis - Frequently Asked Questions

Should I buy or sell Smartsheet stock right now?

16 Wall Street research 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 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?

16 Wall Street research analysts have issued 12 month price targets for Smartsheet's shares. Their SMAR share price targets range from $40.00 to $63.00. On average, they expect the company's stock price to reach $53.31 in the next twelve months. This suggests a possible upside of 24.0% 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 stock has decreased by 10.1% and is now trading at $43.00.
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 currently 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 results 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 business had revenue of $245.90 million for 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 last year, the company earned ($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 (EPS) guidance of 0.680-0.690 for the period, compared to the consensus 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 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 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 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 3/3/2024 by MarketBeat.com Staff