Smartsheet (SMAR) Stock Forecast, Price Target & Predictions


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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


The average price target for Smartsheet (SMAR) is $56.69 based on 1-year price targets from 17 Wall Street analysts in the past 3 months, with a price target range of $100.00 to $40.00. This represents a potential 8.56% upside from SMAR's last price of $52.22.

SMAR Analyst Ratings


Buy

According to 17 Wall Street analysts, Smartsheet's rating consensus is 'Buy'. The analyst rating breakdown for SMAR stock is 0 'Strong Buy' (0.00%), 11 'Buy' (64.71%), 5 'Hold' (29.41%), 1 'Sell' (5.88%), and 0 'Strong Sell' (0.00%).

Smartsheet Price Target by Analyst


DateAnalystCompanyPrice TargetPrice when PublishedPrice Target/Price when PublishedPrice Target/Last Closing Price
Sep 06, 2024Josh BaerMorgan Stanley$57.00$49.3515.50%9.15%
Sep 06, 2024Keith BachmanBMO Capital$59.00$49.3519.55%12.98%
Sep 06, 2024Terry TillmanTruist Financial$60.00$49.3521.58%14.90%
Sep 06, 2024Rishi JaluriaRBC Capital$51.00$49.353.34%-2.34%
Sep 06, 2024Ryan MacWilliamsBarclays$50.00$49.351.32%-4.25%
Aug 29, 2024Taylor McGinnisUBS$61.00$48.5525.64%16.81%
Jul 19, 2024Michael BergWells Fargo$60.00$47.8125.50%14.90%
Jun 06, 2024Keith BachmanBMO Capital$48.00$44.058.98%-8.08%
Jun 06, 2024Josh BaerMorgan Stanley$53.00$37.7840.29%1.49%
Jun 06, 2024Taylor McGinnisUBS$56.00$37.7848.23%7.24%
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The latest Smartsheet stock forecast, released on Sep 06, 2024 by Josh Baer from Morgan Stanley, set a price target of $57.00, which represents a 15.50% increase from the stock price at the time of the forecast ($49.35), and a 9.15% increase from SMAR last price ($52.22).

Smartsheet Price Target by Period


1M3M12M
# Anlaysts6718
Avg Price Target$56.33$56.86$52.33
Last Closing Price$52.22$52.22$52.22
Upside/Downside7.87%8.89%0.21%

In the current month, the average price target of Smartsheet stock is $56.33, according to 6 Wall Street analysts offering twelve months forecast. The average price target represents a 7.87% increase as opposed to Smartsheet's last price of $52.22. This month's average price target is down -0.93% compared to last quarter, and up 7.64% compared to last year.

Analyst Ratings Upgrades/Downgrades


DateCompanyPrevious RatingNew RatingRating Change
Sep 06, 2024Truist FinancialUnderperformUnderperformHold
Sep 06, 2024UBSSector PerformSector PerformHold
Sep 06, 2024BMO CapitalOutperformOutperformHold
Sep 06, 2024GuggenheimBuyBuyHold
Sep 06, 2024NeedhamBuyBuyHold
Sep 06, 2024RBC CapitalSector PerformSector PerformHold
Sep 06, 2024CitigroupBuyBuyHold
Sep 06, 2024BarclaysEqual-WeightEqual-WeightHold
Aug 29, 2024UBSBuyBuyHold
Aug 20, 2024Wells FargoSector PerformSector PerformHold
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Smartsheet's last stock rating was published by Truist Financial on Sep 06, 2024. The company gave SMAR a "Underperform" rating, the same as its previous rate.

Smartsheet Financial Forecast


Smartsheet Revenue Forecast

Jan 27Oct 26Jul 26May 26Jan 26Oct 25Jul 25May 25Jan 25Oct 24Jul 24May 24Jan 24Oct 23Jul 23May 23Jan 23Oct 22Jul 22Apr 22Jan 22Oct 21Jul 21Apr 21Jan 21Oct 20Jul 20Apr 20Jan 20Oct 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
# Analysts5965574411115561266698996668158101610
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's average Quarter revenue forecast for May 24 based on 5 analysts is $258.29M, with a low forecast of $257.79M, and a high forecast of $259.24M. SMAR's average Quarter revenue forecast represents a 0.52% increase compared to the company's last Quarter revenue of $256.95M (Jan 24).

Smartsheet EBITDA Forecast

Jan 27Oct 26Jul 26May 26Jan 26Oct 25Jul 25May 25Jan 25Oct 24Jul 24May 24Jan 24Oct 23Jul 23May 23Jan 23Oct 22Jul 22Apr 22Jan 22Oct 21Jul 21Apr 21Jan 21Oct 20Jul 20Apr 20Jan 20Oct 19
# Analysts5965574411115561266698996668158101610
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%

undefined analysts predict SMAR's average Quarter EBITDA for undefined to be $NaN, with a high of $NaN and a low of $NaN. This is NaN% lower than Smartsheet's previous annual EBITDA (undefined) of $NaN.

Smartsheet Net Income Forecast

Jan 27Oct 26Jul 26May 26Jan 26Oct 25Jul 25May 25Jan 25Oct 24Jul 24May 24Jan 24Oct 23Jul 23May 23Jan 23Oct 22Jul 22Apr 22Jan 22Oct 21Jul 21Apr 21Jan 21Oct 20Jul 20Apr 20Jan 20Oct 19
# Analysts5965574411115561266698996668158101610
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's average Quarter net income forecast for undefined is $NaN, with a range of $NaN to $NaN. SMAR's average Quarter net income forecast represents a NaN% decrease compared to the company's last Quarter net income of $NaN (undefined).

Smartsheet SG&A Forecast

Jan 27Oct 26Jul 26May 26Jan 26Oct 25Jul 25May 25Jan 25Oct 24Jul 24May 24Jan 24Oct 23Jul 23May 23Jan 23Oct 22Jul 22Apr 22Jan 22Oct 21Jul 21Apr 21Jan 21Oct 20Jul 20Apr 20Jan 20Oct 19
# Analysts5965574411115561266698996668158101610
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's average Quarter SG&A projection for May 24 is $185.53M, based on 5 Wall Street analysts, with a range of $148.42M to $222.64M. The forecast indicates a 11.93% rise compared to SMAR last annual SG&A of $165.76M (Jan 24).

Smartsheet EPS Forecast

Jan 27Oct 26Jul 26May 26Jan 26Oct 25Jul 25May 25Jan 25Oct 24Jul 24May 24Jan 24Oct 23Jul 23May 23Jan 23Oct 22Jul 22Apr 22Jan 22Oct 21Jul 21Apr 21Jan 21Oct 20Jul 20Apr 20Jan 20Oct 19
# Analysts5965574411115561266698996668158101610
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%

According to undefined Wall Street analysts, Smartsheet's projected average Quarter EPS for undefined is $NaN, with a low estimate of $NaN and a high estimate of $NaN. This represents a NaN% decrease compared to SMAR previous annual EPS of $NaN (undefined).

Smartsheet Peer Comparison by Price Target


TickerCompanyLast Closing PriceAvg Price TargetUpside/DownsideAvg Rating
BILLBill.com$51.91$149.26187.54%Buy
SPTSprout Social$27.79$65.40135.34%Buy
KCKingsoft Cloud$2.25$4.97120.89%Buy
ASANAsana$12.12$24.93105.69%Buy
AMPLAmplitude$8.84$15.8078.73%Hold
ESTCElastic$75.24$131.2274.40%Buy
PDPagerDuty$17.81$30.1369.17%Buy
AYXAlteryx$48.26$80.8667.55%Buy
TEAMAtlassian$163.74$237.6745.15%Buy
CXMSprinklr$7.94$11.1340.18%Buy
DDOGDatadog$109.26$138.4926.75%Buy
HUBSHubSpot$491.17$595.4421.23%Buy
DTDynatrace$50.74$59.2116.69%Buy
GTLBGitLab$54.49$63.2015.98%Buy
SMARSmartsheet$52.22$56.698.56%Buy
MNDYmonday$255.73$269.925.55%Buy
CDNSCadence Design Systems$268.72$248.90-7.38%Buy

SMAR Forecast FAQ


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.

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.

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.

SMAR's highest twelve months analyst stock price target of $100 supports the claim that Smartsheet can reach $80 in the near future.

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.

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).

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%