NYSE:SMAR

Smartsheet Price Target, Predictions & Analyst Ratings

$77.10
+0.85 (+1.11 %)
(As of 09/23/2021 12:00 AM ET)
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Today's Range
$75.57
$77.25
50-Day Range
$67.72
$83.77
52-Week Range
$46.33
$85.65
Volume601,410 shs
Average Volume1.15 million shs
Market Capitalization$9.71 billion
P/E RatioN/A
Dividend YieldN/A
Beta1.41

Smartsheet (NYSE:SMAR) Price Target and Consensus Rating

MarketBeat calculates consensus analyst ratings for stocks using the most recent rating from each Wall Street analyst that has rated a stock within the last twelve months. Each analyst's rating is normalized to a standardized rating score of 1 (sell), 2 (hold), 3 (buy) or 4 (strong buy). Analyst consensus ratings scores are calculated using the mean average of the number of normalized sell, hold, buy and strong buy ratings from Wall Street analysts. Each stock's consensus analyst rating is derived from its calculated consensus ratings score (0-1.5 = Sell, 1.5-2.5 = Hold, 2.5-3.5 = Buy, >3.5 = Strong Buy). MarketBeat's consensus price targets are a mean average of the most recent available price targets set by each analyst that has set a price target for the stock in the last twelve months. MarketBeat's consensus ratings and consensus price targets may differ from those calculated by other firms due to differences in methodology and available data.

Analyst Rating Consensus

Buy
Based on 16 Analyst Ratings

Analyst Price Target Consensus

$87.20

High PT$100.00
Average PT$87.20
Low PT$65.00
TypeCurrent
9/24/20 to 9/24/21
1 Month Ago
8/25/20 to 8/25/21
3 Months Ago
6/26/20 to 6/26/21
1 Year Ago
9/25/19 to 9/24/20
Consensus Rating
Buy
Buy
Buy
Buy
Strong Buy
0 Strong Buy rating(s)
0 Strong Buy rating(s)
0 Strong Buy rating(s)
0 Strong Buy rating(s)
Buy
12 Buy rating(s)
9 Buy rating(s)
8 Buy rating(s)
9 Buy rating(s)
Hold
4 Hold rating(s)
3 Hold rating(s)
4 Hold rating(s)
6 Hold rating(s)
Sell
0 Sell rating(s)
0 Sell rating(s)
0 Sell rating(s)
0 Sell rating(s)
Consensus Price Target$87.20$78.79$77.36$58.31
Price Target Upside13.10% Upside20.95% Upside19.96% Upside7.74% Upside
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Analyst Ratings By Month

The chart below shows how a company's ratings by analysts have changed over time. Each bar represents the previous year of ratings for that month. Within each bar, the sell ratings are shown in red, the hold ratings are shown in yellow, the buy ratings are shown in green, and the strong buy ratings are shown in dark green.

Average Share Price and Price Target by Month

The chart below shows how a company's share price and consensus price target have changed over time. The dark blue line represents the company's actual price. The lighter blue line represents the stock's consensus price target. The even lighter blue range in the background of the two lines represents the low price target and the high price target for each stock.

Smartsheet (NYSE:SMAR) vs. Its Competitors

TypeSmartsheetComputer and Technology CompaniesS&P 500
Consensus Rating Score
2.75
2.62
2.56
Consensus RatingBuyBuyBuy
Price Target Upside34.72% Upside7.84% Upside
News Sentiment RatingNeutral News
Neutral News
Neutral News
MarketBeat
Community Rating
Outperform Votes
334
70.91%
Underperform Votes
137
29.09%
Avg. Outperform Votes
236
68.01%
Avg. Underperform Votes
111
31.99%
Avg. Outperform Votes
829
69.49%
Avg. Underperform Votes
364
30.51%

Smartsheet (NYSE:SMAR) Analyst Ratings History

DateBrokerageAnalyst NameActionRatingPrice TargetUpside/Downside on Report DateDetails
9/9/2021Morgan Stanley
Boost Price TargetOverweight$90.00 ➝ $98.00+35.17%
9/8/2021Truist Securities
Boost Price TargetBuy$85.00 ➝ $100.00+35.59%
9/8/2021BMO Capital Markets
Boost Price TargetOutperform$78.00 ➝ $90.00+20.39%
9/8/2021Wells Fargo & Company
Michael Turrin
Boost Price TargetEqual Weight$70.00 ➝ $84.00+12.37%
9/8/2021Royal Bank of Canada
Boost Price TargetHold ➝ Sector Perform$65.00 ➝ $80.00-3.31%
9/8/2021Needham & Company LLC
Boost Price TargetPositive ➝ Buy$80.00 ➝ $100.00+20.86%
9/8/2021KeyCorp
Steve Enders
Boost Price TargetOverweight$86.00 ➝ $94.00+13.61%
9/8/2021William Blair
Reiterated RatingBuy
9/8/2021Oppenheimer
Boost Price TargetOutperform$85.00 ➝ $95.00+14.82%
9/8/2021Citigroup
Boost Price TargetNeutral$77.00 ➝ $85.00+2.73%
9/3/2021Canaccord Genuity
David Hynes
Boost Price TargetBuy$55.00 ➝ $65.00-19.90%
8/19/2021Jefferies Financial Group
UpgradeHold ➝ Buy$65.00 ➝ $85.00+24.54%
5/5/2021DA Davidson
R. Rigby
Reiterated RatingNeutral
4/28/2021Wolfe Research
Initiated CoverageOutperform$75.00+19.92%
3/23/2021JPMorgan Chase & Co.
UpgradeNeutral ➝ Overweight$83.00+24.53%
6/4/2020Wedbush
Boost Price TargetNeutral$40.00 ➝ $45.00-23.83%
11/12/2019First Analysis
Initiated CoverageOutperform$50.00+28.07%
10/10/2019Berenberg Bank
Initiated CoverageBuy$48.00+19.02%
9/10/2019Stephens
Reiterated RatingBuy$55.00+39.74%
3/20/2019SunTrust Banks
Boost Price TargetBuy ➝ Positive$56.00+23.48%
(Data available from 9/24/2016 forward. View 10+ years of historical ratings with our analyst ratings screener.)
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Smartsheet (NYSE:SMAR) Analyst Ratings Frequently Asked Questions

What is Smartsheet's consensus rating and price target?

According to the issued ratings of 16 analysts in the last year, the consensus rating for Smartsheet stock is Buy based on the current 4 hold ratings and 12 buy ratings for SMAR. The average twelve-month price target for Smartsheet is $87.20 with a high price target of $100.00 and a low price target of $65.00. Learn more on SMAR's analyst rating history

Do Wall Street analysts like Smartsheet more than its competitors?

Analysts like Smartsheet stock more than the stock of other Computer and Technology companies. The consensus rating score for Smartsheet is 2.75 while the average consensus rating score for computer and technology companies is 2.62. Learn more on how SMAR compares to other companies

Do MarketBeat users like Smartsheet more than its competitors?

MarketBeat users like Smartsheet stock more than the stock of other Computer and Technology companies. 70.91% of MarketBeat users gave Smartsheet an outperform vote while computer and technology companies recieve an average of 68.01% outperform votes by MarketBeat users.

Is Smartsheet being upgraded by Wall Street analysts?

Over the previous 90 days, Smartsheet's stock had 1 upgrade by analysts.

Does Smartsheet's stock price have much upside?

According to analysts, Smartsheet's stock has a predicted upside of 15.57% based on their 12-month price targets.

This page was last updated on 9/24/2021 by MarketBeat.com Staff
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