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S&P 500   3,911.74
DOW   31,500.68
QQQ   294.61
S&P 500   3,911.74
DOW   31,500.68
QQQ   294.61
S&P 500   3,911.74
DOW   31,500.68
QQQ   294.61
S&P 500   3,911.74
DOW   31,500.68
QQQ   294.61
NYSE:SMAR

Smartsheet Stock Forecast, Price & News

$34.76
+3.15 (+9.97%)
(As of 06/24/2022 12:00 AM ET)
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Today's Range
$32.13
$34.83
50-Day Range
$27.45
$53.96
52-Week Range
$27.05
$85.65
Volume
3.51 million shs
Average Volume
2.83 million shs
Market Capitalization
$4.50 billion
P/E Ratio
N/A
Dividend Yield
N/A
Price Target
$58.50
30 days | 90 days | 365 days | Advanced Chart

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SMAR Stock Forecast (MarketRank)

Overall MarketRank

2.22 out of 5 stars

Computer And Technology Sector

331st out of 923 stocks

Prepackaged Software Industry

103rd out of 302 stocks

Analyst Opinion: 3.4Community Rank: 4.5Dividend Strength: 0.0Insider Behavior: 2.5Valuation: 0.6 5 -4 -3 -2 -1 -
Smartsheet logo

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.

SMAR Stock News Headlines

Smartsheet (NYSE:SMAR) Sets New 1-Year Low at $27.76
Smartsheet (NYSE:SMAR) Reaches New 1-Year Low at $32.79
See More Headlines

Industry, Sector and Symbol

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

Company Calendar

Last Earnings
6/07/2022
Today
6/25/2022
Next Earnings (Estimated)
9/06/2022
Fiscal Year End
1/31/2023

Price Target and Rating

Average Stock Price Forecast
$58.50
High Stock Price Forecast
$100.00
Low Stock Price Forecast
$38.00
Forecasted Upside/Downside
+68.3%
Consensus Rating
Moderate Buy
Rating Score (0-4)
2.84615384615385
Research Coverage
13 Analysts

Profitability

Net Income
$-171.10 million
Pretax Margin
-33.89%

Debt

Sales & Book Value

Annual Sales
$550.83 million
Book Value
$3.72 per share

Miscellaneous

Free Float
123,521,000
Market Cap
$4.50 billion
Optionable
Not Optionable
Beta
1.59














Smartsheet Frequently Asked Questions

Should I buy or sell Smartsheet stock right now?

13 Wall Street research analysts have issued "buy," "hold," and "sell" ratings for Smartsheet in the last year. There are currently 2 hold ratings and 11 buy ratings for the stock. The consensus among Wall Street 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 brokers have issued 12 month price objectives for Smartsheet's shares. Their SMAR stock forecasts range from $38.00 to $100.00. On average, they predict Smartsheet's stock price to reach $58.50 in the next year. This suggests a possible upside of 68.3% 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 the year. Since then, SMAR shares have decreased by 55.1% and is now trading at $34.76.
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, topping the consensus estimate of ($0.19) by $0.01. The firm had revenue of $168.31 million for the quarter, compared to analyst estimates of $162.55 million. Smartsheet had a negative net margin of 33.96% and a negative trailing twelve-month return on equity of 36.73%. 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, 21st. The company provided earnings per share 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 & 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 (LinkedIn Profile)
  • 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 (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 served 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 a variety of retail and institutional investors. Top institutional shareholders include Capital World Investors (11.91%), Vanguard Group Inc. (8.81%), BlackRock Inc. (4.22%), Dorsey Asset Management LLC (2.34%), TimesSquare Capital Management LLC (1.51%) and State Street Corp (1.48%). Company insiders that own Smartsheet stock include Andrew Lee Bennett, Anna Griffin, Brendan Walsh, Brent Frei, Elena Gomez, Eugene Farrell, Geoffrey T Barker, James N White, Jennifer Ceran, Jolene Lau Marshall, Joseph M Jr Manko, Kara Hamilton, Magdalena Yesil, Mark Patrick Mader, Matthew S Mcilwain, Megan Hansen, Michael Arntz, Paul Porrini, Pete Godbole and Stephen Robert Branstetter.
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 JPMorgan Chase & Co., Invesco Ltd., Goldman Sachs Group Inc., Bank of New York Mellon Corp, CI Investments Inc., Neuberger Berman Group LLC, Greenoaks Capital Partners LLC, and Walleye Capital LLC. Company insiders that have sold Smartsheet company stock in the last two years include Andrew Lee Bennett, Anna Griffin, Brendan Walsh, Brent Frei, Elena Gomez, Eugene Farrell, Geoffrey T Barker, Jennifer Ceran, Jolene Lau Marshall, 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 acquired by a variety of institutional investors in the last quarter, including Capital World Investors, Dorsal Capital Management LLC, Jeneq Management LP, Allianz Asset Management GmbH, Vista Equity Partners Management LLC, Royal Bank of Canada, Washington Harbour Partners LP, and Dorsey Asset Management LLC. Company insiders that have bought Smartsheet stock in the last two years include James N White, Matthew S Mcilwain, Pete Godbole, and Stephen Robert Branstetter.
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 $34.76.

How much money does Smartsheet make?

Smartsheet (NYSE:SMAR) has a market capitalization of $4.50 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 6/25/2022 by MarketBeat.com Staff

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