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NYSE:SMAR

Smartsheet - SMAR Stock Forecast, Price & News

$34.78
+0.48 (+1.40%)
(As of 09/30/2022 02:51 PM ET)
Add
Compare
Today's Range
$33.98
$35.95
50-Day Range
$28.46
$40.15
52-Week Range
$27.05
$80.89
Volume
58,168 shs
Average Volume
2.04 million shs
Market Capitalization
$4.50 billion
P/E Ratio
N/A
Dividend Yield
N/A
Price Target
$48.76

Smartsheet MarketRank™ Forecast

Analyst Rating
Moderate Buy
2.80 Rating Score
Upside/​Downside
37.4% Upside
$48.76 Price Target
Short Interest
Healthy
3.37% of Float Sold Short
Dividend Strength
N/A
Sustainability
-0.46
Upright™ Environmental Score
News Sentiment
0.33mentions of Smartsheet in the last 14 days
Based on 9 Articles This Week
Insider Trading
Selling Shares
$1.01 M Sold Last Quarter
Proj. Earnings Growth
Growing
From ($2.03) to ($1.77) Per Share

Overall MarketRank

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

2.59 out of 5 stars

Computer And Technology Sector

198th out of 650 stocks

Prepackaged Software Industry

51st out of 227 stocks

SMAR stock logo

About Smartsheet (NYSE:SMAR) Stock

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.

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SMAR Stock News Headlines

Smartsheet (NYSE:SMAR) Coverage Initiated at Moffett Nathanson
Contrasting Smartsheet (NYSE:SMAR) & ChannelAdvisor (NYSE:ECOM)
Smartsheet gains 12% on Q2 estimates beat - Seeking Alpha
See More Headlines
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SMAR Company Calendar

Last Earnings
9/01/2022
Today
9/30/2022
Next Earnings (Estimated)
12/01/2022
Fiscal Year End
1/31/2023

Industry, Sector and Symbol

Industry
Prepackaged software
Sub-Industry
N/A
Fax
N/A
Employees
2,539
Year Founded
N/A

Price Target and Rating

Average Stock Price Forecast
$48.76
High Stock Price Forecast
$65.00
Low Stock Price Forecast
$38.00
Forecasted Upside/Downside
+40.2%
Consensus Rating
Moderate Buy
Rating Score (0-4)
2.80
Research Coverage
15 Analysts

Profitability

Net Income
$-171,100,000.00
Pretax Margin
-33.77%

Debt

Sales & Book Value

Annual Sales
$550.83 million
Book Value
$3.67 per share

Miscellaneous

Free Float
123,521,000
Market Cap
$4.50 billion
Optionable
Not Optionable
Beta
1.41

Key Executives

  • Mark Mader
    Chief Executive Officer & President
  • Mike Arntz
    Chief Revenue Officer & EVP of Worldwide Field Operations
  • Jenny Ceran
    Chief Financial Officer & Treasurer
  • Gene FarrellGene Farrell
    Chief Product Officer
  • Paul PorriniPaul Porrini
    Chief Legal Officer & General Counsel
  • Kara HamiltonKara Hamilton
    Chief People & Culture Officer
  • Praerit Garg
    Chief Technology Officer & EVP of Engineering













SMAR Stock - Frequently Asked Questions

Should I buy or sell Smartsheet stock right now?

15 Wall Street equities research analysts have issued "buy," "hold," and "sell" ratings for Smartsheet in the last year. There are currently 3 hold ratings and 12 buy ratings for the stock. The consensus among Wall Street equities research analysts is that investors should "buy" SMAR shares.
View SMAR analyst ratings
or view top-rated stocks.

What is Smartsheet's stock price forecast for 2022?

15 brokers have issued 12 month price objectives for Smartsheet's shares. Their SMAR share price forecasts range from $38.00 to $65.00. On average, they expect the company's share price to reach $48.76 in the next year. This suggests a possible upside of 42.2% 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 2022?

Smartsheet's stock was trading at $77.45 at the beginning of 2022. Since then, SMAR stock has decreased by 55.7% and is now trading at $34.30.
View the best growth stocks for 2022 here
.

When is Smartsheet's next earnings date?

The company is scheduled to release its next quarterly earnings announcement on Thursday, December 1st 2022.
View our SMAR earnings forecast
.

How were Smartsheet's earnings last quarter?

Smartsheet Inc (NYSE:SMAR) issued its quarterly earnings results on Thursday, September, 1st. The company reported ($0.10) earnings per share for the quarter, beating analysts' consensus estimates of ($0.20) by $0.10. The business earned $186.70 million during the quarter, compared to analyst estimates of $180.56 million. Smartsheet had a negative trailing twelve-month return on equity of 42.47% and a negative net margin of 33.88%. The company's quarterly revenue was up 41.8% on a year-over-year basis. During the same quarter last year, the firm earned ($0.28) EPS.

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

Smartsheet updated its third quarter 2023 earnings guidance on Thursday, September, 29th. The company provided earnings per share guidance of -$0.16--$0.15 for the period, compared to the consensus EPS estimate of -$0.15. The company issued revenue guidance of $193.00 million-$194.00 million, compared to the consensus revenue estimate of $195.06 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 (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."

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.

What is Smartsheet's stock price today?

One share of SMAR stock can currently be purchased for approximately $34.30.

How much money does Smartsheet make?

Smartsheet (NYSE:SMAR) has a market capitalization of $4.44 billion and generates $550.83 million in revenue each year. The company earns $-171,100,000.00 in net income (profit) each year or ($1.74) on an earnings per share basis.

How many employees does Smartsheet have?

The company 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 the company is www.smartsheet.com. The company can be reached via phone at 844-324-2360 or via email at investorrelations@smartsheet.com.

This page (NYSE:SMAR) was last updated on 9/30/2022 by MarketBeat.com Staff

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