Smartsheet (SMAR) Stock Forecast, Price Target & Predictions
SMAR Stock Forecast
Smartsheet stock forecast is as follows: an average price target of $56.69 (represents a 8.56% upside from SMAR’s last price of $52.22) and a rating consensus of 'Buy', based on 17 wall street analysts offering a 1-year stock forecast.
SMAR Price Target
SMAR Analyst Ratings
Smartsheet Price Target by Analyst
Date | Analyst | Company | Price Target | Price when Published | Price Target/Price when Published | Price Target/Last Closing Price |
---|---|---|---|---|---|---|
Sep 06, 2024 | Josh Baer | Morgan Stanley | $57.00 | $49.35 | 15.50% | 9.15% |
Sep 06, 2024 | Keith Bachman | BMO Capital | $59.00 | $49.35 | 19.55% | 12.98% |
Sep 06, 2024 | Terry Tillman | Truist Financial | $60.00 | $49.35 | 21.58% | 14.90% |
Sep 06, 2024 | Rishi Jaluria | RBC Capital | $51.00 | $49.35 | 3.34% | -2.34% |
Sep 06, 2024 | Ryan MacWilliams | Barclays | $50.00 | $49.35 | 1.32% | -4.25% |
Aug 29, 2024 | Taylor McGinnis | UBS | $61.00 | $48.55 | 25.64% | 16.81% |
Jul 19, 2024 | Michael Berg | Wells Fargo | $60.00 | $47.81 | 25.50% | 14.90% |
Jun 06, 2024 | Keith Bachman | BMO Capital | $48.00 | $44.05 | 8.98% | -8.08% |
Jun 06, 2024 | Josh Baer | Morgan Stanley | $53.00 | $37.78 | 40.29% | 1.49% |
Jun 06, 2024 | Taylor McGinnis | UBS | $56.00 | $37.78 | 48.23% | 7.24% |
Smartsheet Price Target by Period
1M | 3M | 12M | |
---|---|---|---|
# Anlaysts | 6 | 7 | 18 |
Avg Price Target | $56.33 | $56.86 | $52.33 |
Last Closing Price | $52.22 | $52.22 | $52.22 |
Upside/Downside | 7.87% | 8.89% | 0.21% |
Analyst Ratings Upgrades/Downgrades
Date | Company | Previous Rating | New Rating | Rating Change |
---|---|---|---|---|
Sep 06, 2024 | Truist Financial | Underperform | Underperform | Hold |
Sep 06, 2024 | UBS | Sector Perform | Sector Perform | Hold |
Sep 06, 2024 | BMO Capital | Outperform | Outperform | Hold |
Sep 06, 2024 | Guggenheim | Buy | Buy | Hold |
Sep 06, 2024 | Needham | Buy | Buy | Hold |
Sep 06, 2024 | RBC Capital | Sector Perform | Sector Perform | Hold |
Sep 06, 2024 | Citigroup | Buy | Buy | Hold |
Sep 06, 2024 | Barclays | Equal-Weight | Equal-Weight | Hold |
Aug 29, 2024 | UBS | Buy | Buy | Hold |
Aug 20, 2024 | Wells Fargo | Sector Perform | Sector Perform | Hold |
Smartsheet Financial Forecast
Smartsheet Revenue Forecast
Jan 27 | Oct 26 | Jul 26 | May 26 | Jan 26 | Oct 25 | Jul 25 | May 25 | Jan 25 | Oct 24 | Jul 24 | May 24 | Jan 24 | Oct 23 | Jul 23 | May 23 | Jan 23 | Oct 22 | Jul 22 | Apr 22 | Jan 22 | Oct 21 | Jul 21 | Apr 21 | Jan 21 | Oct 20 | Jul 20 | Apr 20 | Jan 20 | Oct 19 | |
---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|
Revenue | - | - | - | - | - | - | - | - | - | - | - | - | $256.95M | $245.92M | $235.59M | - | $212.34M | $199.58M | $186.69M | $168.31M | $157.39M | $144.63M | $131.74M | $117.08M | $109.87M | $98.93M | $91.22M | $85.49M | $78.52M | $71.53M |
Avg Forecast | $392.88M | $382.11M | $370.27M | $352.55M | $338.31M | $325.91M | $316.73M | $302.73M | $295.72M | $283.82M | $274.35M | $258.29M | $255.26M | $241.36M | $229.57M | $214.12M | $206.22M | $193.87M | $180.27M | $162.54M | $151.67M | $139.93M | $125.48M | $111.77M | $102.69M | $94.61M | $86.89M | $81.30M | $77.70M | $69.83M |
High Forecast | $394.34M | $383.52M | $371.64M | $353.85M | $339.56M | $327.12M | $317.90M | $303.85M | $296.17M | $284.76M | $275.36M | $259.24M | $256.20M | $241.65M | $230.42M | $214.92M | $206.99M | $194.59M | $181.63M | $166.38M | $154.86M | $142.87M | $128.12M | $114.12M | $104.85M | $96.60M | $88.72M | $83.01M | $79.34M | $71.30M |
Low Forecast | $392.12M | $381.37M | $369.55M | $351.86M | $337.66M | $325.28M | $316.12M | $302.14M | $295.51M | $283.47M | $273.81M | $257.79M | $254.76M | $241.06M | $229.12M | $213.71M | $205.82M | $193.50M | $180.04M | $161.01M | $150.55M | $138.89M | $124.55M | $110.94M | $101.93M | $93.90M | $86.25M | $80.69M | $77.13M | $69.32M |
# Analysts | 5 | 9 | 6 | 5 | 5 | 7 | 4 | 4 | 11 | 11 | 5 | 5 | 6 | 12 | 6 | 6 | 6 | 9 | 8 | 9 | 9 | 6 | 6 | 6 | 8 | 15 | 8 | 10 | 16 | 10 |
Surprise % | - | - | - | - | - | - | - | - | - | - | - | - | 1.01% | 1.02% | 1.03% | - | 1.03% | 1.03% | 1.04% | 1.04% | 1.04% | 1.03% | 1.05% | 1.05% | 1.07% | 1.05% | 1.05% | 1.05% | 1.01% | 1.02% |
Smartsheet EBITDA Forecast
Jan 27 | Oct 26 | Jul 26 | May 26 | Jan 26 | Oct 25 | Jul 25 | May 25 | Jan 25 | Oct 24 | Jul 24 | May 24 | Jan 24 | Oct 23 | Jul 23 | May 23 | Jan 23 | Oct 22 | Jul 22 | Apr 22 | Jan 22 | Oct 21 | Jul 21 | Apr 21 | Jan 21 | Oct 20 | Jul 20 | Apr 20 | Jan 20 | Oct 19 | |
---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|
# Analysts | 5 | 9 | 6 | 5 | 5 | 7 | 4 | 4 | 11 | 11 | 5 | 5 | 6 | 12 | 6 | 6 | 6 | 9 | 8 | 9 | 9 | 6 | 6 | 6 | 8 | 15 | 8 | 10 | 16 | 10 |
EBITDA | - | - | - | - | - | - | - | - | - | - | - | - | $-9.57M | $-35.45M | $-36.15M | - | $-38.04M | $-36.32M | $-64.86M | $-63.72M | $-46.51M | $-31.22M | $-39.07M | $-32.23M | $-23.81M | $-31.10M | $-22.70M | $-23.87M | $-29.95M | $-23.18M |
Avg Forecast | $-96.29M | $-93.65M | $-90.75M | $-86.41M | $-82.92M | $-79.88M | $-77.63M | $-74.20M | $-72.48M | $-69.56M | $-67.24M | $-67.53M | $-62.56M | $-59.15M | $-56.27M | $-61.39M | $-50.54M | $-54.28M | $-44.18M | $-39.84M | $-47.77M | $-49.35M | $-43.74M | $-36.26M | $-25.14M | $-33.19M | $-30.53M | $-35.57M | $-27.04M | $-19.08M |
High Forecast | $-96.11M | $-93.47M | $-90.58M | $-86.24M | $-82.76M | $-79.72M | $-77.48M | $-74.05M | $-72.43M | $-69.48M | $-67.11M | $-54.02M | $-62.44M | $-59.08M | $-56.16M | $-49.11M | $-50.45M | $-43.43M | $-44.13M | $-39.46M | $-38.21M | $-39.48M | $-34.99M | $-29.01M | $-24.96M | $-26.55M | $-24.43M | $-28.46M | $-21.63M | $-15.26M |
Low Forecast | $-96.65M | $-94.00M | $-91.09M | $-86.73M | $-83.23M | $-80.18M | $-77.92M | $-74.47M | $-72.59M | $-69.79M | $-67.49M | $-81.03M | $-62.79M | $-59.23M | $-56.47M | $-73.66M | $-50.73M | $-65.14M | $-44.52M | $-40.78M | $-57.32M | $-59.22M | $-52.49M | $-43.52M | $-25.67M | $-39.83M | $-36.64M | $-42.69M | $-32.45M | $-22.89M |
Surprise % | - | - | - | - | - | - | - | - | - | - | - | - | 0.15% | 0.60% | 0.64% | - | 0.75% | 0.67% | 1.47% | 1.60% | 0.97% | 0.63% | 0.89% | 0.89% | 0.95% | 0.94% | 0.74% | 0.67% | 1.11% | 1.21% |
Smartsheet Net Income Forecast
Jan 27 | Oct 26 | Jul 26 | May 26 | Jan 26 | Oct 25 | Jul 25 | May 25 | Jan 25 | Oct 24 | Jul 24 | May 24 | Jan 24 | Oct 23 | Jul 23 | May 23 | Jan 23 | Oct 22 | Jul 22 | Apr 22 | Jan 22 | Oct 21 | Jul 21 | Apr 21 | Jan 21 | Oct 20 | Jul 20 | Apr 20 | Jan 20 | Oct 19 | |
---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|
# Analysts | 5 | 9 | 6 | 5 | 5 | 7 | 4 | 4 | 11 | 11 | 5 | 5 | 6 | 12 | 6 | 6 | 6 | 9 | 8 | 9 | 9 | 6 | 6 | 6 | 8 | 15 | 8 | 10 | 16 | 10 |
Net Income | - | - | - | - | - | - | - | - | - | - | - | - | $-8.98M | $-32.43M | $-33.36M | - | $-42.73M | $-40.14M | $-62.31M | $-70.46M | $-53.14M | $-36.72M | $-44.17M | $-37.07M | $-28.66M | $-31.97M | $-26.56M | $-27.78M | $-28.16M | $-28.86M |
Avg Forecast | $77.31M | $72.49M | $72.64M | $68.30M | $62.22M | $56.17M | $55.19M | $51.20M | $46.55M | $42.95M | $41.50M | $-77.16M | $26.72M | $12.33M | $10.51M | $-70.14M | $-1.12M | $-61.37M | $-27.47M | $-25.46M | $-56.18M | $-55.79M | $-50.31M | $-43.66M | $-18.37M | $-38.84M | $-35.53M | $-33.44M | $-33.67M | $-25.80M |
High Forecast | $77.68M | $72.83M | $72.99M | $68.62M | $62.52M | $56.44M | $55.45M | $51.45M | $46.77M | $45.82M | $41.70M | $-61.73M | $26.85M | $13.87M | $10.56M | $-56.11M | $-1.12M | $-49.10M | $-27.42M | $-25.15M | $-44.94M | $-44.63M | $-40.25M | $-34.93M | $-18.19M | $-31.07M | $-28.43M | $-26.75M | $-26.93M | $-20.64M |
Low Forecast | $77.12M | $72.30M | $72.46M | $68.12M | $62.06M | $56.03M | $55.05M | $51.07M | $45.14M | $41.52M | $41.40M | $-92.59M | $26.65M | $12.29M | $10.48M | $-84.17M | $-1.13M | $-73.64M | $-27.74M | $-26.24M | $-67.41M | $-66.95M | $-60.37M | $-52.39M | $-18.87M | $-46.61M | $-42.64M | $-40.13M | $-40.40M | $-30.96M |
Surprise % | - | - | - | - | - | - | - | - | - | - | - | - | -0.34% | -2.63% | -3.17% | - | 38.13% | 0.65% | 2.27% | 2.77% | 0.95% | 0.66% | 0.88% | 0.85% | 1.56% | 0.82% | 0.75% | 0.83% | 0.84% | 1.12% |
Smartsheet SG&A Forecast
Jan 27 | Oct 26 | Jul 26 | May 26 | Jan 26 | Oct 25 | Jul 25 | May 25 | Jan 25 | Oct 24 | Jul 24 | May 24 | Jan 24 | Oct 23 | Jul 23 | May 23 | Jan 23 | Oct 22 | Jul 22 | Apr 22 | Jan 22 | Oct 21 | Jul 21 | Apr 21 | Jan 21 | Oct 20 | Jul 20 | Apr 20 | Jan 20 | Oct 19 | |
---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|
# Analysts | 5 | 9 | 6 | 5 | 5 | 7 | 4 | 4 | 11 | 11 | 5 | 5 | 6 | 12 | 6 | 6 | 6 | 9 | 8 | 9 | 9 | 6 | 6 | 6 | 8 | 15 | 8 | 10 | 16 | 10 |
SG&A | - | - | - | - | - | - | - | - | - | - | - | - | $165.76M | $176.07M | $166.34M | - | $153.67M | $148.75M | $157.22M | $148.44M | $127.78M | $110.04M | $108.74M | $92.40M | $82.29M | $78.73M | $70.83M | $69.88M | $64.99M | $64.23M |
Avg Forecast | $306.03M | $297.64M | $288.42M | $274.62M | $263.53M | $253.87M | $246.72M | $235.81M | $230.35M | $221.08M | $213.70M | $185.53M | $198.83M | $188.00M | $178.82M | $168.66M | $160.64M | $151.09M | $140.42M | $126.61M | $118.14M | $137.36M | $125.40M | $87.05M | $79.99M | $73.69M | $67.68M | $77.18M | $74.93M | $68.47M |
High Forecast | $307.17M | $298.74M | $289.49M | $275.63M | $264.50M | $254.81M | $247.63M | $236.68M | $230.70M | $221.81M | $214.49M | $222.64M | $199.57M | $188.23M | $179.48M | $202.40M | $161.23M | $181.31M | $141.48M | $129.60M | $120.62M | $164.83M | $150.48M | $88.88M | $81.67M | $75.24M | $69.10M | $92.61M | $89.92M | $82.16M |
Low Forecast | $305.44M | $297.06M | $287.86M | $274.08M | $263.01M | $253.38M | $246.24M | $235.35M | $230.19M | $220.81M | $213.29M | $148.42M | $198.45M | $187.77M | $178.47M | $134.93M | $160.33M | $120.87M | $140.24M | $125.42M | $117.26M | $109.89M | $100.32M | $86.41M | $79.39M | $73.14M | $67.18M | $61.74M | $59.94M | $54.77M |
Surprise % | - | - | - | - | - | - | - | - | - | - | - | - | 0.83% | 0.94% | 0.93% | - | 0.96% | 0.98% | 1.12% | 1.17% | 1.08% | 0.80% | 0.87% | 1.06% | 1.03% | 1.07% | 1.05% | 0.91% | 0.87% | 0.94% |
Smartsheet EPS Forecast
Jan 27 | Oct 26 | Jul 26 | May 26 | Jan 26 | Oct 25 | Jul 25 | May 25 | Jan 25 | Oct 24 | Jul 24 | May 24 | Jan 24 | Oct 23 | Jul 23 | May 23 | Jan 23 | Oct 22 | Jul 22 | Apr 22 | Jan 22 | Oct 21 | Jul 21 | Apr 21 | Jan 21 | Oct 20 | Jul 20 | Apr 20 | Jan 20 | Oct 19 | |
---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|
# Analysts | 5 | 9 | 6 | 5 | 5 | 7 | 4 | 4 | 11 | 11 | 5 | 5 | 6 | 12 | 6 | 6 | 6 | 9 | 8 | 9 | 9 | 6 | 6 | 6 | 8 | 15 | 8 | 10 | 16 | 10 |
EPS | - | - | - | - | - | - | - | - | - | - | - | - | $-0.07 | $-0.24 | $-0.25 | - | $-0.33 | $-0.31 | $-0.48 | $-0.55 | $-0.42 | $-0.29 | $-0.35 | $-0.30 | $-0.23 | $-0.26 | $-0.22 | $-0.23 | $-0.24 | $-0.25 |
Avg Forecast | $0.55 | $0.51 | $0.51 | $0.48 | $0.44 | $0.40 | $0.39 | $0.36 | $0.33 | $0.30 | $0.29 | $0.27 | $0.19 | $0.09 | $0.07 | $0.08 | $-0.01 | $-0.15 | $-0.20 | $-0.19 | $-0.15 | $-0.11 | $-0.13 | $-0.14 | $-0.13 | $-0.21 | $-0.15 | $-0.19 | $-0.16 | $-0.18 |
High Forecast | $0.55 | $0.52 | $0.52 | $0.49 | $0.44 | $0.40 | $0.39 | $0.36 | $0.33 | $0.32 | $0.30 | $0.27 | $0.19 | $0.10 | $0.07 | $0.08 | $-0.01 | $-0.15 | $-0.20 | $-0.18 | $-0.15 | $-0.10 | $-0.13 | $-0.14 | $-0.13 | $-0.21 | $-0.15 | $-0.19 | $-0.16 | $-0.18 |
Low Forecast | $0.55 | $0.51 | $0.51 | $0.48 | $0.44 | $0.40 | $0.39 | $0.36 | $0.32 | $0.29 | $0.29 | $0.26 | $0.19 | $0.09 | $0.07 | $0.08 | $-0.01 | $-0.15 | $-0.20 | $-0.19 | $-0.15 | $-0.11 | $-0.14 | $-0.15 | $-0.14 | $-0.22 | $-0.16 | $-0.20 | $-0.17 | $-0.19 |
Surprise % | - | - | - | - | - | - | - | - | - | - | - | - | -0.35% | -2.75% | -3.36% | - | 41.57% | 2.08% | 2.40% | 2.95% | 2.81% | 2.74% | 2.62% | 2.11% | 1.71% | 1.21% | 1.45% | 1.18% | 1.49% | 1.38% |
Smartsheet Peer Comparison by Price Target
Ticker | Company | Last Closing Price | Avg Price Target | Upside/Downside | Avg Rating |
---|---|---|---|---|---|
BILL | Bill.com | $51.91 | $149.26 | 187.54% | Buy |
SPT | Sprout Social | $27.79 | $65.40 | 135.34% | Buy |
KC | Kingsoft Cloud | $2.25 | $4.97 | 120.89% | Buy |
ASAN | Asana | $12.12 | $24.93 | 105.69% | Buy |
AMPL | Amplitude | $8.84 | $15.80 | 78.73% | Hold |
ESTC | Elastic | $75.24 | $131.22 | 74.40% | Buy |
PD | PagerDuty | $17.81 | $30.13 | 69.17% | Buy |
AYX | Alteryx | $48.26 | $80.86 | 67.55% | Buy |
TEAM | Atlassian | $163.74 | $237.67 | 45.15% | Buy |
CXM | Sprinklr | $7.94 | $11.13 | 40.18% | Buy |
DDOG | Datadog | $109.26 | $138.49 | 26.75% | Buy |
HUBS | HubSpot | $491.17 | $595.44 | 21.23% | Buy |
DT | Dynatrace | $50.74 | $59.21 | 16.69% | Buy |
GTLB | GitLab | $54.49 | $63.20 | 15.98% | Buy |
SMAR | Smartsheet | $52.22 | $56.69 | 8.56% | Buy |
MNDY | monday | $255.73 | $269.92 | 5.55% | Buy |
CDNS | Cadence Design Systems | $268.72 | $248.90 | -7.38% | Buy |
SMAR Forecast FAQ
Is Smartsheet a good buy?
Yes, according to 17 Wall Street analysts, Smartsheet (SMAR) is considered a 'Buy'. The rating consensus is based on 0 'Strong Buy' and 11 'Buy' recommendations, accounting for 64.71% of SMAR's total ratings.
What is SMAR's price target?
Smartsheet (SMAR) average price target is $56.69 with a range of $40 to $100, implying a 8.56% from its last price of $52.22. The data is based on 17 Wall Street analysts who provided a twelve-month price target estimate in the last three months.
Will Smartsheet stock go up soon?
According to Wall Street analysts' prediction for SMAR stock, the company can go up by 8.56% (from the last price of $52.22 to the average price target of $56.69), up by 91.50% based on the highest stock price target, and down by -23.40% based on the lowest stock price target.
Can Smartsheet stock reach $80?
SMAR's highest twelve months analyst stock price target of $100 supports the claim that Smartsheet can reach $80 in the near future.
What is Smartsheet's current price target trend?
6 Wall Street analysts forecast a $56.33 price target for Smartsheet (SMAR) this month, up 7.87% from its last price of $52.22. Compared to the last 3 and 12 months, the average price target increased by 8.89% and increased by 0.21%, respectively.
What are Smartsheet's analysts' financial forecasts?
Smartsheet's analysts financial forecasts for the fiscal year (Jan 2026) are as follows: average revenue is $1.28B (high $1.29B, low $1.28B), average EBITDA is $-315M (high $-314M, low $-316M), average net income is $224.78M (high $225.86M, low $224.21M), average SG&A $999.92M (high $1B, low $997.98M), and average EPS is $1.59 (high $1.6, low $1.59). SMAR's analysts financial forecasts for the fiscal year (Jan 2027) are as follows: average revenue is $1.5B (high $1.5B, low $1.49B), average EBITDA is $-367M (high $-366M, low $-368M), average net income is $290.74M (high $292.14M, low $290M), average SG&A $1.17B (high $1.17B, low $1.16B), and average EPS is $2.06 (high $2.07, low $2.05).
Did the SMAR's actual financial results beat the analysts' financial forecasts?
Based on Smartsheet's last annual report (Jan 2024), the company's revenue was $958.34M, beating the average analysts forecast of $940.31M by 1.92%. Apple's EBITDA was $-93.27M, missing the average prediction of $-239M by -61.04%. The company's net income was $-105M, beating the average estimation of $-20.593M by 408.09%. Apple's SG&A was $658.1M, missing the average forecast of $734.32M by -10.38%. Lastly, the company's EPS was $-0.78, missing the average prediction of $0.431 by -280.92%. In terms of the last quarterly report (Jan 2024), Smartsheet's revenue was $256.95M, beating the average analysts' forecast of $255.26M by 0.66%. The company's EBITDA was $-9.566M, missing the average prediction of $-62.563M by -84.71%. Smartsheet's net income was $-8.976M, missing the average estimation of $26.72M by -133.60%. The company's SG&A was $165.76M, missing the average forecast of $198.83M by -16.63%. Lastly, the company's EPS was $-0.0658, missing the average prediction of $0.189 by -134.76%