Smartsheet Stock Forecast, Price & News

13 Wall Street equities research analysts have issued "buy," "hold," and "sell" ratings for Smartsheet in the last twelve months. There are currently 5 hold ratings and 8 buy ratings for the stock. The consensus among Wall Street equities research analysts is that investors should "buy" Smartsheet stock.
View analyst ratings for Smartsheet or view top-rated stocks.

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Smartsheet is scheduled to release its next quarterly earnings announcement on Wednesday, June 2nd 2021.
View our earnings forecast for Smartsheet.

Smartsheet Inc (NYSE:SMAR) posted its quarterly earnings data on Monday, March, 15th. The company reported ($0.04) earnings per share for the quarter, topping analysts' consensus estimates of ($0.13) by $0.09. The company earned $109.87 million during the quarter, compared to the consensus estimate of $102.69 million. Smartsheet had a negative trailing twelve-month return on equity of 21.98% and a negative net margin of 32.32%. Smartsheet's revenue was up 39.9% compared to the same quarter last year. During the same quarter in the prior year, the business earned ($0.13) earnings per share.
View Smartsheet's earnings history.

Smartsheet's stock was trading at $38.40 on March 11th, 2020 when COVID-19 (Coronavirus) reached pandemic status according to the World Health Organization. Since then, SMAR shares have increased by 69.8% and is now trading at $65.20.
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Smartsheet updated its FY22 earnings guidance on Tuesday, March, 16th. The company provided earnings per share guidance of ($0.44)-($0.36) for the period, compared to the Thomson Reuters consensus EPS estimate of ($0.42). The company issued revenue guidance of $500-505 million, compared to the consensus revenue estimate of $488.79 million.

13 brokerages have issued 12-month price objectives for Smartsheet's stock. Their forecasts range from $45.00 to $90.00. On average, they anticipate Smartsheet's share price to reach $74.60 in the next year. This suggests a possible upside of 14.4% from the stock's current price.
View analysts' price targets for Smartsheet or view top-rated stocks among Wall Street analysts.

182 employees have rated Smartsheet CEO Mark Mader on Glassdoor.com. Mark Mader has an approval rating of 90% among Smartsheet's employees.

Some companies that are related to Smartsheet include Atlassian (TEAM), Unity Software (U), Datadog (DDOG), Slack Technologies (WORK), HubSpot (HUBS), Paycom Software (PAYC), Cloudflare (NET), Splunk (SPLK), Take-Two Interactive Software (TTWO), Coupa Software (COUP), MongoDB (MDB), ZoomInfo Technologies (ZI), SS&C Technologies (SSNC), Tyler Technologies (TYL) and Citrix Systems (CTXS).
View all of SMAR's competitors.

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), The Trade Desk (TTD), salesforce.com (CRM) and Tesla (TSLA).

(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.

Smartsheet trades on the New York Stock Exchange (NYSE) under the ticker symbol "SMAR."

Smartsheet's stock is owned by a variety of retail and institutional investors. Top institutional investors include Fulcrum Capital LLC (0.00%). Company insiders that own Smartsheet stock include Anna Griffin, Brent Frei, Elena Gomez, Eugene Farrell, Geoffrey T Barker, Jennifer Ceran, Kara Hamilton, Magdalena Yesil, Mark Patrick Mader, Matthew S Mcilwain, Michael Arntz, Paul Porrini and Venture Fund L P Madrona III.
View institutional ownership trends for Smartsheet.

SMAR stock was sold by a variety of institutional investors in the last quarter, including Fulcrum Capital LLC. Company insiders that have sold Smartsheet company stock in the last year include Anna Griffin, Brent Frei, Elena Gomez, Eugene Farrell, Geoffrey T Barker, Jennifer Ceran, Kara Hamilton, Magdalena Yesil, Mark Patrick Mader, Matthew S Mcilwain, Michael Arntz, and Paul Porrini.
View insider buying and selling activity for Smartsheet or view top insider-selling stocks.

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.
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One share of SMAR stock can currently be purchased for approximately $65.20.

Smartsheet has a market capitalization of $8.09 billion and generates $270.88 million in revenue each year. The company earns $-95,940,000.00 in net income (profit) each year or ($0.82) on an earnings per share basis.

Smartsheet employs 1,588 workers across the globe.

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

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

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]