S&P 500   4,538.43
DOW   34,580.08
QQQ   383.13
S&P 500   4,538.43
DOW   34,580.08
QQQ   383.13
S&P 500   4,538.43
DOW   34,580.08
QQQ   383.13
S&P 500   4,538.43
DOW   34,580.08
QQQ   383.13
NYSE:SMAR

Smartsheet Stock Forecast, Price & News

$65.94
+4.78 (+7.82%)
(As of 12/3/2021 12:00 AM ET)
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Today's Range
$63.67
$71.25
50-Day Range
$59.49
$77.10
52-Week Range
$51.11
$85.65
Volume
5.80 million shs
Average Volume
1.14 million shs
Market Capitalization
$8.31 billion
P/E Ratio
N/A
Dividend Yield
N/A
Beta
1.41
30 days | 90 days | 365 days | Advanced Chart
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Smartsheet logo

About Smartsheet

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.

Headlines

Citigroup Boosts Smartsheet (NYSE:SMAR) Price Target to $80.00
December 3, 2021 |  americanbankingnews.com
KeyCorp Raises Smartsheet (NYSE:SMAR) Price Target to $100.00
December 3, 2021 |  americanbankingnews.com
Smartsheet (NYSE:SMAR) Updates Q4 Earnings Guidance
December 2, 2021 |  americanbankingnews.com
Smartsheet (NYSE:SMAR) Issues Earnings Results
December 2, 2021 |  americanbankingnews.com
See More Headlines

Industry, Sector and Symbol

Industry
Prepackaged software
Sub-Industry
N/A
Fax
N/A
Employees
1,915
Year Founded
N/A

Sales & Book Value

Annual Sales
$385.51 million
Book Value
$4.27 per share

Profitability

Net Income
$-114.98 million
Pretax Margin
-31.83%

Debt

Price-To-Earnings

Miscellaneous

Free Float
118,321,000
Market Cap
$8.31 billion
Optionable
Not Optionable

Company Calendar

Last Earnings
12/02/2021
Today
12/05/2021
Fiscal Year End
1/31/2022
Next Earnings (Estimated)
3/15/2022

MarketRank

Overall MarketRank

2.43 out of 5 stars

Computer And Technology Sector

198th out of 892 stocks

Prepackaged Software Industry

49th out of 267 stocks

Analyst Opinion: 4.4Community Rank: 4.7Dividend Strength: 0.0Insider Behavior: 2.5Valuation: 0.6 5 -4 -3 -2 -1 -












Smartsheet (NYSE:SMAR) Frequently Asked Questions

Is Smartsheet a buy right now?

16 Wall Street research analysts have issued "buy," "hold," and "sell" ratings for Smartsheet in the last year. There are currently 4 hold ratings and 12 buy ratings for the stock. The consensus among Wall Street research analysts is that investors should "buy" Smartsheet stock.
View analyst ratings for Smartsheet
or view top-rated stocks.

How has Smartsheet's stock been impacted by Coronavirus?

Smartsheet's stock was trading at $38.40 on March 11th, 2020 when Coronavirus reached pandemic status according to the World Health Organization. Since then, SMAR stock has increased by 71.7% and is now trading at $65.94.
View which stocks have been most impacted by COVID-19
.

When is Smartsheet's next earnings date?

Smartsheet is scheduled to release its next quarterly earnings announcement on Tuesday, March 15th 2022.
View our earnings forecast for Smartsheet
.

How were Smartsheet's earnings last quarter?

Smartsheet Inc (NYSE:SMAR) issued its quarterly earnings results on Thursday, December, 2nd. The company reported ($0.03) earnings per share (EPS) for the quarter, beating analysts' consensus estimates of ($0.11) by $0.08. The company earned $144.60 million during the quarter, compared to analysts' expectations of $139.93 million. Smartsheet had a negative net margin of 31.00% and a negative trailing twelve-month return on equity of 24.57%. The company's revenue was up 46.2% compared to the same quarter last year. During the same quarter in the previous year, the business posted ($0.27) EPS.
View Smartsheet's earnings history
.

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

Smartsheet issued an update on its third quarter 2022 earnings guidance on Friday, December, 3rd. The company provided earnings per share (EPS) guidance of for the period. The company issued revenue guidance of $143.50 million-$144.50 million, compared to the consensus revenue estimate of $138.59 million.

What price target have analysts set for SMAR?

16 brokers have issued 1 year price targets for Smartsheet's shares. Their forecasts range from $65.00 to $100.00. On average, they expect Smartsheet's stock price to reach $86.47 in the next twelve months. This suggests a possible upside of 31.1% from the stock's current price.
View analysts' price targets for Smartsheet
or view top-rated stocks among Wall Street analysts.

Who are Smartsheet's key executives?

Smartsheet's management team includes the following people:
  • Mark Mader, Chief Executive Officer & President
  • Mike Arntz, Chief Revenue Officer & EVP of Worldwide Field Operations
  • Jenny Ceran, Chief Financial Officer & Treasurer
  • Gene Farrell, Chief Product Officer (LinkedIn Profile)
  • Paul Porrini, Chief Legal Officer & General Counsel
  • Kara Hamilton, Chief People & Culture Officer
  • Praerit 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.

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.com (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 $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."

Who are Smartsheet's major shareholders?

Smartsheet's stock is owned by many different institutional and retail investors. Top institutional shareholders include Capital World Investors (11.51%), BlackRock Inc. (4.24%), Alliancebernstein L.P. (2.46%), TimesSquare Capital Management LLC (1.55%), Goldman Sachs Group Inc. (1.39%) and Foxhaven Asset Management LP (1.37%). Company insiders that own Smartsheet stock include Anna Griffin, Brendan Walsh, Brent Frei, Elena Gomez, Eugene Farrell, Geoffrey T Barker, Jennifer Ceran, Joseph M Jr Manko, Kara Hamilton, Magdalena Yesil, Mark Patrick Mader, Matthew S Mcilwain, Megan Hansen, Michael Arntz, Paul Porrini and Pete Godbole.
View institutional ownership trends for Smartsheet
.

Which major investors are selling Smartsheet stock?

SMAR stock was sold by a variety of institutional investors in the last quarter, including Point72 Asset Management L.P., Morgan Stanley, Foxhaven Asset Management LP, Duquesne Family Office LLC, New York State Common Retirement Fund, Bank of Nova Scotia, Keenan Capital LLC, and Glynn Capital Management LLC. Company insiders that have sold Smartsheet company stock in the last year include Anna Griffin, Brendan Walsh, Brent Frei, Elena Gomez, Eugene Farrell, Geoffrey T Barker, Joseph M Jr Manko, Kara Hamilton, Magdalena Yesil, Mark Patrick Mader, Megan Hansen, Michael Arntz, Paul Porrini, and Pete Godbole.
View insider buying and selling activity for Smartsheet
or view top insider-selling stocks.

Which major investors are buying Smartsheet stock?

SMAR stock was purchased by a variety of institutional investors in the last quarter, including Allianz Asset Management GmbH, Victory Capital Management Inc., Jennison Associates LLC, Cavalry Management Group LLC, Capital World Investors, Tremblant Capital Group, Makena Capital Management LLC, and WCM Investment Management LLC.
View insider buying and selling activity for Smartsheet
or or view top insider-buying stocks.

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 $65.94.

How much money does Smartsheet make?

Smartsheet has a market capitalization of $8.31 billion and generates $385.51 million in revenue each year. The company earns $-114.98 million in net income (profit) each year or ($1.14) on an earnings per share basis.

How many employees does Smartsheet have?

Smartsheet employs 1,915 workers across the globe.

What is Smartsheet's official website?

The official website for Smartsheet is www.smartsheet.com.

Where are Smartsheet's headquarters?

Smartsheet is headquartered at 10500 NE 8TH STREET SUITE 1300, BELLEVUE WA, 98004.

How can I contact Smartsheet?

Smartsheet's mailing address is 10500 NE 8TH STREET SUITE 1300, BELLEVUE WA, 98004. The company can be reached via phone at 844-324-2360 or via email at [email protected].


This page was last updated on 12/5/2021 by MarketBeat.com Staff

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