NYSE:SMAR Smartsheet Stock Forecast, Price & News Adding Choose a watchlist: Watchlist Adding You have already added five stocks to your watchlist. Upgrade to MarketBeat Daily Premium to add more stocks to your watchlist. Adding Smartsheet Inc Please log in to your account or sign up in order to add this asset to your watchlist. $32.24 +0.81 (+2.58%) (As of 07/1/2022 12:00 AM ET) Add Compare Share Today's Range$30.79▼$32.3650-Day Range$27.45▼$51.0152-Week Range$27.05▼$85.65Volume1.10 million shsAverage Volume1.95 million shsMarket Capitalization$4.17 billionP/E RatioN/ADividend YieldN/APrice Target$58.50 ProfileAnalyst RatingsChartCompetitorsEarningsFinancialsInsider TradesInstitutional OwnershipHeadlinesSEC FilingsShort InterestSocial MediaSustainability Smartsheet Stock Forecast (MarketRank)Analyst RatingModerate Buy2.85 Rating ScoreUpside/Downside81.5% Upside$58.50 Price TargetShort InterestHealthy3.86% of Float Sold ShortDividend StrengthN/ASustainability-0.46Upright™ Environmental ScoreNews Sentiment0.46Based on 6 Articles This WeekInsider TradingSelling Shares$333.08 K Sold Last QuarterProj. Earnings GrowthGrowingFrom ($1.88) to ($1.60) Per ShareSee Full Details Hide Full Details Overall MarketRank™MarketRank is calculated as 30% analysis score, 20% valuation score, 10% short interest score, 10% dividend score, 10% sustainability score, 10% news and social score, and 10% insider trading score.2.17 out of 5 starsComputer And Technology Sector369th out of 937 stocksPrepackaged Software Industry115th out of 302 stocks 3.4 Analyst's Opinion Consensus RatingSmartsheet has received a consensus rating of Moderate Buy. The company's average rating score is 2.85, and is based on 11 buy ratings, 2 hold ratings, and no sell ratings.Price Target Upside/DownsideAccording to analysts' consensus price target of $58.50, Smartsheet has a forecasted upside of 81.5% from its current price of $32.24.Amount of Analyst CoverageSmartsheet has only been the subject of 3 research reports in the past 90 days. Previous Next 3.0 Short Interest Percentage of Shares Shorted3.86% of the float of Smartsheet has been sold short.Short Interest Ratio / Days to CoverSmartsheet has a short interest ratio ("days to cover") of 2.3, which is generally considered an acceptable ratio of short interest to trading volume.Change versus previous monthShort interest in Smartsheet has recently increased by 11.79%, indicating that investor sentiment is decreasing significantly. Previous Next 0.0 Dividend Strength Dividend YieldSmartsheet does not currently pay a dividend.Dividend GrowthSmartsheet does not have a long track record of dividend growth. Previous Next 2.8 Sustainability and ESG Overall ESG (Environmental, Social, and Governance) ScoreSmartsheet has received a 44.00% net impact score from Upright. Smartsheet seems to create the most significant positive value in categories "Taxes", "Relationships", and "Jobs". The positive contribution in the "Relationships" impact category is false driven by its "Collaboration software" and "Enterprise resource management software" products. See details.Environmental SustainabilityThe Environmental Impact score for Smartsheet is -0.46. Previous Next 2.5 News and Social Media Coverage News SentimentSmartsheet has a news sentiment score of 0.46. This score is calculated as an average of sentiment of articles about the company over the last seven days and ranges from 2 (good news) to -2 (bad news). This is a lower news sentiment than the 0.57 average news sentiment score of Computer and Technology companies.News Coverage This WeekMarketBeat has tracked 6 news articles for Smartsheet this week, compared to 4 articles on an average week.Search Interest10 people have searched for SMAR on MarketBeat in the last 30 days. This is an increase of 233% compared to the previous 30 days.MarketBeat FollowsOnly 5 people have added Smartsheet to their MarketBeat watchlist in the last 30 days. This is a decrease of -44% compared to the previous 30 days. Previous Next 2.5 Company Ownership Insider Buying vs. Insider SellingIn the past three months, Smartsheet insiders have sold more of their company's stock than they have bought. Specifically, they have bought $0.00 in company stock and sold $333,084.00 in company stock.Percentage Held by InsidersOnly 4.58% of the stock of Smartsheet is held by insiders.Percentage Held by Institutions88.88% of the stock of Smartsheet is held by institutions. High institutional ownership can be a signal of strong market trust in this company. Previous Next 0.6 Earnings and Valuation Earnings GrowthEarnings for Smartsheet are expected to grow in the coming year, from ($1.88) to ($1.60) per share.Price to Earnings Ratio vs. the MarketThe P/E ratio of Smartsheet is -20.02, which means that its earnings are negative and its P/E ratio cannot be compared to companies with positive earnings.Price to Earnings Ratio vs. SectorThe P/E ratio of Smartsheet is -20.02, which means that its earnings are negative and its P/E ratio cannot be compared to companies with positive earnings.Price to Book Value per Share RatioSmartsheet has a P/B Ratio of 8.16. P/B Ratios above 3 indicate that a company could be overvalued with respect to its assets and liabilities. Previous Next See Top Rated MarketRank™ Stocks Here View Price History Chart DataSkip Price History Chart 30 days | 90 days | 365 days | Advanced Chart 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. Email Address About Smartsheet (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.Read More SMAR Stock News HeadlinesJune 26, 2022 | americanbankingnews.comJolene Lau Marshall Sells 5,779 Shares of Smartsheet Inc (NYSE:SMAR) StockJune 18, 2022 | americanbankingnews.comSmartsheet (NYSE:SMAR) Sets New 1-Year Low at $27.76June 14, 2022 | americanbankingnews.comEquities Analysts Issue Forecasts for Smartsheet Inc's Q2 2023 Earnings (NYSE:SMAR)June 14, 2022 | americanbankingnews.comSmartsheet Inc Forecasted to Earn Q2 2023 Earnings of ($0.58) Per Share (NYSE:SMAR)June 12, 2022 | americanbankingnews.comSmartsheet (NYSE:SMAR) Reaches New 1-Year Low at $32.79June 10, 2022 | barrons.comNIO Stock Still Has Fans on Wall Street After This Week's Drop - Barron'sJune 10, 2022 | investing.comPre-Open Stock Movers 06/08: Intel Falls on Negative Commentary; Roku Gains on Rumors (more...) By Investing.com - Investing.comJune 10, 2022 | americanbankingnews.comBMO Capital Markets Lowers Smartsheet (NYSE:SMAR) Price Target to $43.00June 9, 2022 | benzinga.comBMO Capital Maintains Outperform on Smartsheet, Lowers Price Target to $43 - Benzinga - BenzingaJune 9, 2022 | benzinga.comWhat 13 Analyst Ratings Have To Say About Smartsheet - Benzinga - BenzingaJune 9, 2022 | americanbankingnews.comSmartsheet (NYSE:SMAR) Given New $58.00 Price Target at JPMorgan Chase & Co.June 9, 2022 | americanbankingnews.comSmartsheet (NYSE:SMAR) Price Target Cut to $65.00 by Analysts at OppenheimerJune 9, 2022 | americanbankingnews.comSmartsheet (NYSE:SMAR) Given New $38.00 Price Target at Royal Bank of CanadaSee More Headlines Industry, Sector and Symbol Stock ExchangeNYSE Industry Prepackaged software Sub-IndustryN/A SectorComputer and Technology Current SymbolNYSE:SMAR CUSIPN/A CIK1366561 Webwww.smartsheet.com Phone844-324-2360FaxN/AEmployees2,539Year FoundedN/ACompany Calendar Last Earnings6/07/2022Today7/01/2022Next Earnings (Estimated)9/06/2022Fiscal Year End1/31/2023Price Target and Rating Average Stock Price Forecast$58.50 High Stock Price Forecast$100.00 Low Stock Price Forecast$38.00 Forecasted Upside/Downside+81.5%Consensus RatingModerate Buy Rating Score (0-4)2.84615384615385 Research Coverage13 Analysts Profitability EPS (Most Recent Fiscal Year)($1.610010) Trailing P/E RatioN/A Forward P/E RatioN/A P/E GrowthN/ANet Income$-171.10 million Net Margins-33.96% Pretax Margin-33.89% Return on Equity-36.73% Return on Assets-19.20% Debt Debt-to-Equity RatioN/A Current Ratio1.38 Quick Ratio1.38 Sales & Book Value Annual Sales$550.83 million Price / Sales7.58 Cash FlowN/A Price / Cash FlowN/A Book Value$3.95 per share Price / Book8.16Miscellaneous Outstanding Shares129,450,000Free Float123,521,000Market Cap$4.17 billion OptionableNot Optionable Beta1.59 Smartsheet Frequently Asked Questions Should I buy or sell Smartsheet stock right now? 13 Wall Street equities research analysts have issued "buy," "hold," and "sell" ratings for Smartsheet in the last twelve months. There are currently 2 hold ratings and 11 buy ratings for the stock. The consensus among Wall Street equities research analysts is that investors should "moderate buy" Smartsheet stock. View analyst ratings for Smartsheet or view top-rated stocks. What is Smartsheet's stock price forecast for 2022? 13 equities research analysts have issued 1-year price targets for Smartsheet's shares. Their SMAR stock forecasts range from $38.00 to $100.00. On average, they anticipate Smartsheet's share price to reach $58.50 in the next year. This suggests a possible upside of 81.5% from the stock's current price. View analysts' price targets for Smartsheet or view top-rated stocks among Wall Street analysts. How has Smartsheet's stock performed in 2022? Smartsheet's stock was trading at $77.45 at the beginning of 2022. Since then, SMAR stock has decreased by 58.4% and is now trading at $32.24. View the best growth stocks for 2022 here. When is Smartsheet's next earnings date? Smartsheet is scheduled to release its next quarterly earnings announcement on Tuesday, September 6th 2022. View our earnings forecast for Smartsheet. How were Smartsheet's earnings last quarter? Smartsheet Inc (NYSE:SMAR) released its quarterly earnings results on Tuesday, June, 7th. The company reported ($0.18) EPS for the quarter, beating analysts' consensus estimates of ($0.19) by $0.01. The company earned $168.31 million during the quarter, compared to analyst estimates of $162.55 million. Smartsheet had a negative trailing twelve-month return on equity of 36.73% and a negative net margin of 33.96%. The business's quarterly revenue was up 43.8% compared to the same quarter last year. During the same period in the previous year, the firm earned ($0.28) earnings per share. View Smartsheet's earnings history. What guidance has Smartsheet issued on next quarter's earnings? Smartsheet issued an update on its second quarter 2023 earnings guidance on Tuesday, June, 28th. The company provided EPS guidance of -$0.21--$0.19 for the period, compared to the consensus EPS estimate of -$0.17. The company issued revenue guidance of $180.00 million-$181.00 million, compared to the consensus revenue estimate of $179.52 million. Who are Smartsheet's key executives? Smartsheet's management team includes the following people: Mark Mader, Chief Executive Officer & PresidentMike Arntz, Chief Revenue Officer & EVP of Worldwide Field OperationsJenny Ceran, Chief Financial Officer & TreasurerGene Farrell, Chief Product Officer (LinkedIn Profile)Paul Porrini, Chief Legal Officer & General Counsel (LinkedIn Profile)Kara Hamilton, Chief People & Culture OfficerPraerit Garg, Chief Technology Officer & EVP of Engineering What is Mark Mader's approval rating as Smartsheet's CEO? 182 employees have rated Smartsheet CEO Mark Mader on Glassdoor.com. Mark Mader has an approval rating of 90% among Smartsheet's employees. Who are some of Smartsheet's key competitors? Some companies that are related to Smartsheet include Check Point Software Technologies (CHKP), Twilio (TWLO), Okta (OKTA), SS&C Technologies (SSNC), HubSpot (HUBS), Cloudflare (NET), Splunk (SPLK), Take-Two Interactive Software (TTWO), Tyler Technologies (TYL), ZoomInfo Technologies (ZI), NortonLifeLock (NLOK), PTC (PTC), Citrix Systems (CTXS), NICE (NICE) and DocuSign (DOCU). View all of SMAR's competitors. 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), Square (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. What is Smartsheet's stock symbol? Smartsheet trades on the New York Stock Exchange (NYSE) under the ticker symbol "SMAR." How do I buy shares of Smartsheet? Shares of SMAR 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. What is Smartsheet's stock price today? One share of SMAR stock can currently be purchased for approximately $32.24. How much money does Smartsheet make? Smartsheet (NYSE:SMAR) has a market capitalization of $4.17 billion and generates $550.83 million in revenue each year. The company earns $-171.10 million in net income (profit) each year or ($1.610010) on an earnings per share basis. How many employees does Smartsheet have? Smartsheet employs 2,539 workers across the globe. How can I contact Smartsheet? Smartsheet's mailing address is 10500 NE 8TH STREET SUITE 1300, BELLEVUE WA, 98004. The official website for Smartsheet is www.smartsheet.com. The company can be reached via phone at 844-324-2360 or via email at [email protected]. This page (NYSE:SMAR) was last updated on 7/2/2022 by MarketBeat.com Staff 30 Days of MarketBeat All Access for $1.00 Sign up for MarketBeat All Access to gain access to MarketBeat's full suite of research tools: Best-in-Class Portfolio Monitoring View the latest news, buy/sell ratings, SEC filings and insider transactions for your stocks. Compare your portfolio performance to leading indices and get personalized stock ideas based on your portfolio. Stock Ideas and Recommendations Get daily stock ideas from top-performing Wall Street analysts. Get short term trading ideas from the MarketBeat Idea Engine. 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