SmartRent (SMRT) Stock Forecast, Price Target & Predictions
SMRT Stock Forecast
SmartRent stock forecast is as follows: an average price target of $4.00 (represents a 150.00% upside from SMRT’s last price of $1.60) and a rating consensus of 'Hold', based on 2 wall street analysts offering a 1-year stock forecast.
SMRT Price Target
The average price target for SmartRent (SMRT) is $4.00 based on 1-year price targets from 2 Wall Street analysts in the past 3 months, with a price target range of $6.00 to $2.00. This represents a potential 150.00% upside from SMRT's last price of $1.60.
SMRT Analyst Ratings
According to 2 Wall Street analysts, SmartRent's rating consensus is 'Hold'. The analyst rating breakdown for SMRT stock is 0 'Strong Buy' (0.00%), 0 'Buy' (0.00%), 2 'Hold' (100.00%), 0 'Sell' (0.00%), and 0 'Strong Sell' (0.00%).
SmartRent Price Target by Analyst
| Date | Analyst | Company | Price Target | Price when Published | Price Target/Price when Published | Price Target/Last Closing Price |
|---|---|---|---|---|---|---|
| Jul 30, 2024 | Tom White | D.A. Davidson | $2.00 | $1.93 | 3.63% | 25.00% |
| Jun 03, 2024 | Soham Bhonsle | BTIG | $4.00 | $2.36 | 69.49% | 150.00% |
| May 14, 2024 | Tom White | D.A. Davidson | $3.25 | $2.40 | 35.42% | 103.13% |
| May 12, 2022 | Benjamin Sherlund | Cantor Fitzgerald | $6.00 | $4.00 | 50.00% | 275.00% |
The latest SmartRent stock forecast, released on Jul 30, 2024 by Tom White from D.A. Davidson, set a price target of $2.00, which represents a 3.63% increase from the stock price at the time of the forecast ($1.93), and a 25.00% increase from SMRT last price ($1.60).
SmartRent Price Target by Period
| 1M | 3M | 12M | |
|---|---|---|---|
| # Anlaysts | - | 1 | 3 |
| Avg Price Target | - | $2.00 | $3.08 |
| Last Closing Price | $1.60 | $1.60 | $1.60 |
| Upside/Downside | -100.00% | 25.00% | 92.50% |
In the current month, the average price target of SmartRent stock is -, according to 0 Wall Street analyst offering twelve months forecast. The average price target represents a -100.00% decrease as opposed to SmartRent's last price of $1.60. This month's average price target is down -100.00% compared to last quarter, and down -100.00% compared to last year.
Analyst Ratings Upgrades/Downgrades
| Date | Company | Previous Rating | New Rating | Rating Change |
|---|---|---|---|---|
| Aug 07, 2024 | Cantor Fitzgerald | Overweight | Neutral | Downgrade |
| Aug 02, 2024 | BTIG | Buy | Neutral | Downgrade |
| Jun 03, 2024 | BTIG | Buy | Buy | Hold |
| May 12, 2022 | Cantor Fitzgerald | - | Overweight | Upgrade |
SmartRent's last stock rating was published by Cantor Fitzgerald on Aug 07, 2024. The company Downgrade its SMRT rating from "Overweight" to "Neutral".
SmartRent Financial Forecast
SmartRent Revenue Forecast
| Dec 25 | Sep 25 | Jun 25 | Mar 25 | Dec 24 | Sep 24 | Jun 24 | Mar 24 | Dec 23 | Sep 23 | Jun 23 | Mar 23 | Dec 22 | Sep 22 | Jun 22 | Mar 22 | Dec 21 | Sep 21 | |
|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|
| Revenue | - | - | - | - | - | - | - | - | $60.25M | $58.10M | $53.40M | $65.08M | $40.55M | $47.50M | $42.41M | $37.36M | $34.67M | $35.13M |
| Avg Forecast | $58.77M | $55.42M | $51.78M | $50.91M | $49.37M | $47.37M | $51.33M | $51.12M | $59.59M | $59.34M | $53.76M | $55.92M | $47.05M | $43.76M | $50.26M | $36.49M | $31.40M | $35.02M |
| High Forecast | $65.88M | $62.13M | $58.04M | $57.07M | $55.35M | $53.10M | $57.54M | $57.30M | $66.80M | $66.52M | $60.26M | $62.68M | $52.74M | $49.06M | $52.40M | $38.04M | $32.73M | $36.51M |
| Low Forecast | $43.55M | $41.07M | $38.37M | $37.72M | $36.58M | $35.10M | $38.03M | $37.88M | $44.16M | $43.97M | $39.84M | $41.43M | $34.86M | $32.43M | $45.68M | $33.16M | $28.54M | $31.83M |
| # Analysts | 1 | 1 | 1 | 1 | 1 | 3 | 1 | 1 | 3 | 1 | 1 | 1 | 1 | 1 | 1 | 1 | 1 | 1 |
| Surprise % | - | - | - | - | - | - | - | - | 1.01% | 0.98% | 0.99% | 1.16% | 0.86% | 1.09% | 0.84% | 1.02% | 1.10% | 1.00% |
SmartRent's average Quarter revenue forecast for Mar 24 based on 1 analysts is $51.12M, with a low forecast of $37.88M, and a high forecast of $57.30M. SMRT's average Quarter revenue forecast represents a -15.16% decrease compared to the company's last Quarter revenue of $60.25M (Dec 23).
SmartRent EBITDA Forecast
| Dec 25 | Sep 25 | Jun 25 | Mar 25 | Dec 24 | Sep 24 | Jun 24 | Mar 24 | Dec 23 | Sep 23 | Jun 23 | Mar 23 | Dec 22 | Sep 22 | Jun 22 | Mar 22 | Dec 21 | Sep 21 | |
|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|
| # Analysts | 1 | 1 | 1 | 1 | 1 | 3 | 1 | 1 | 3 | 1 | 1 | 1 | 1 | 1 | 1 | 1 | 1 | 1 |
| EBITDA | - | - | - | - | - | - | - | - | $-5.83M | $-9.95M | $-12.09M | $-14.04M | $-20.88M | $-25.43M | $-25.79M | $-27.78M | $-25.76M | $-26.45M |
| Avg Forecast | $-32.42M | $-30.57M | $-28.56M | $-28.08M | $-27.23M | $-26.13M | $-28.31M | $-28.19M | $-32.87M | $-32.73M | $-29.65M | $-30.84M | $-25.95M | $-24.14M | $-27.72M | $-20.12M | $-17.32M | $-19.32M |
| High Forecast | $-24.02M | $-22.65M | $-21.16M | $-20.81M | $-20.18M | $-19.36M | $-20.98M | $-20.89M | $-24.35M | $-24.25M | $-21.97M | $-22.85M | $-19.23M | $-17.88M | $-25.19M | $-18.29M | $-15.74M | $-17.55M |
| Low Forecast | $-36.34M | $-34.27M | $-32.01M | $-31.47M | $-30.52M | $-29.29M | $-31.73M | $-31.60M | $-36.84M | $-36.69M | $-33.24M | $-34.57M | $-29.09M | $-27.06M | $-28.90M | $-20.98M | $-18.05M | $-20.14M |
| Surprise % | - | - | - | - | - | - | - | - | 0.18% | 0.30% | 0.41% | 0.46% | 0.80% | 1.05% | 0.93% | 1.38% | 1.49% | 1.37% |
undefined analysts predict SMRT's average Quarter EBITDA for undefined to be $NaN, with a high of $NaN and a low of $NaN. This is NaN% lower than SmartRent's previous annual EBITDA (undefined) of $NaN.
SmartRent Net Income Forecast
| Dec 25 | Sep 25 | Jun 25 | Mar 25 | Dec 24 | Sep 24 | Jun 24 | Mar 24 | Dec 23 | Sep 23 | Jun 23 | Mar 23 | Dec 22 | Sep 22 | Jun 22 | Mar 22 | Dec 21 | Sep 21 | |
|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|
| # Analysts | 1 | 1 | 1 | 1 | 1 | 3 | 1 | 1 | 3 | 1 | 1 | 1 | 1 | 1 | 1 | 1 | 1 | 1 |
| Net Income | - | - | - | - | - | - | - | - | $-3.30M | $-7.72M | $-10.35M | $-13.21M | $-21.39M | $-25.95M | $-25.59M | $-23.39M | $-25.96M | $-26.68M |
| Avg Forecast | $-1.21M | $-2.02M | $-3.64M | $-4.85M | $-4.44M | $-4.04M | $-2.90M | $-2.42M | $-1.79M | $-8.93M | $-10.50M | $-15.15M | $-19.68M | $-22.51M | $-21.23M | $-19.53M | $-18.52M | $-50.50M |
| High Forecast | $-803.83K | $-1.34M | $-2.41M | $-3.22M | $-2.95M | $-2.68M | $-1.92M | $-1.61M | $-1.79M | $-5.93M | $-6.96M | $-10.05M | $-13.06M | $-14.93M | $-18.71M | $-17.21M | $-16.32M | $-44.51M |
| Low Forecast | $-1.40M | $-2.34M | $-4.21M | $-5.61M | $-5.14M | $-4.67M | $-3.35M | $-2.80M | $-1.80M | $-10.34M | $-12.15M | $-17.53M | $-22.78M | $-26.05M | $-22.40M | $-20.61M | $-19.54M | $-53.29M |
| Surprise % | - | - | - | - | - | - | - | - | 1.84% | 0.86% | 0.99% | 0.87% | 1.09% | 1.15% | 1.21% | 1.20% | 1.40% | 0.53% |
SmartRent's average Quarter net income forecast for undefined is $NaN, with a range of $NaN to $NaN. SMRT's average Quarter net income forecast represents a NaN% decrease compared to the company's last Quarter net income of $NaN (undefined).
SmartRent SG&A Forecast
| Dec 25 | Sep 25 | Jun 25 | Mar 25 | Dec 24 | Sep 24 | Jun 24 | Mar 24 | Dec 23 | Sep 23 | Jun 23 | Mar 23 | Dec 22 | Sep 22 | Jun 22 | Mar 22 | Dec 21 | Sep 21 | |
|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|
| # Analysts | 1 | 1 | 1 | 1 | 1 | 3 | 1 | 1 | 3 | 1 | 1 | 1 | 1 | 1 | 1 | 1 | 1 | 1 |
| SG&A | - | - | - | - | - | - | - | - | $15.37M | $15.90M | $15.43M | $17.18M | $18.86M | $20.24M | $19.97M | $17.11M | $15.24M | $12.86M |
| Avg Forecast | $22.76M | $21.46M | $20.05M | $19.71M | $19.12M | $18.34M | $19.88M | $19.79M | $23.07M | $22.98M | $20.82M | $21.65M | $18.22M | $16.95M | $19.46M | $14.13M | $12.16M | $13.56M |
| High Forecast | $25.51M | $24.06M | $22.48M | $22.10M | $21.43M | $20.56M | $22.28M | $22.19M | $25.87M | $25.76M | $23.34M | $24.27M | $20.42M | $19.00M | $20.29M | $14.73M | $12.67M | $14.14M |
| Low Forecast | $16.86M | $15.90M | $14.86M | $14.61M | $14.17M | $13.59M | $14.73M | $14.67M | $17.10M | $17.03M | $15.42M | $16.04M | $13.50M | $12.56M | $17.69M | $12.84M | $11.05M | $12.32M |
| Surprise % | - | - | - | - | - | - | - | - | 0.67% | 0.69% | 0.74% | 0.79% | 1.03% | 1.19% | 1.03% | 1.21% | 1.25% | 0.95% |
SmartRent's average Quarter SG&A projection for Mar 24 is $19.79M, based on 1 Wall Street analysts, with a range of $14.67M to $22.19M. The forecast indicates a 28.82% rise compared to SMRT last annual SG&A of $15.37M (Dec 23).
SmartRent EPS Forecast
| Dec 25 | Sep 25 | Jun 25 | Mar 25 | Dec 24 | Sep 24 | Jun 24 | Mar 24 | Dec 23 | Sep 23 | Jun 23 | Mar 23 | Dec 22 | Sep 22 | Jun 22 | Mar 22 | Dec 21 | Sep 21 | |
|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|
| # Analysts | 1 | 1 | 1 | 1 | 1 | 3 | 1 | 1 | 3 | 1 | 1 | 1 | 1 | 1 | 1 | 1 | 1 | 1 |
| EPS | - | - | - | - | - | - | - | - | $-0.02 | $-0.04 | $-0.05 | $-0.07 | $-0.11 | $-0.13 | $-0.13 | $-0.12 | $-0.14 | $-0.31 |
| Avg Forecast | $-0.01 | $-0.01 | $-0.02 | $-0.02 | $-0.02 | $-0.02 | $-0.01 | $-0.01 | $-0.01 | $-0.04 | $-0.05 | $-0.07 | $-0.10 | $-0.11 | $-0.11 | $-0.10 | $-0.09 | $-0.25 |
| High Forecast | $-0.00 | $-0.01 | $-0.01 | $-0.02 | $-0.01 | $-0.01 | $-0.01 | $-0.01 | $-0.01 | $-0.03 | $-0.03 | $-0.05 | $-0.06 | $-0.07 | $-0.09 | $-0.09 | $-0.08 | $-0.22 |
| Low Forecast | $-0.01 | $-0.01 | $-0.02 | $-0.03 | $-0.03 | $-0.02 | $-0.02 | $-0.01 | $-0.01 | $-0.05 | $-0.06 | $-0.09 | $-0.11 | $-0.13 | $-0.11 | $-0.10 | $-0.10 | $-0.26 |
| Surprise % | - | - | - | - | - | - | - | - | 1.83% | 0.87% | 1.00% | 0.89% | 1.13% | 1.17% | 1.24% | 1.24% | 1.53% | 1.24% |
According to undefined Wall Street analysts, SmartRent'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 SMRT previous annual EPS of $NaN (undefined).
SmartRent Peer Comparison by Price Target
| Ticker | Company | Last Closing Price | Avg Price Target | Upside/Downside | Avg Rating |
|---|---|---|---|---|---|
| EXFY | Expensify | $2.24 | $13.75 | 513.84% | Buy |
| LAW | CS Disco | $5.21 | $26.86 | 415.55% | Hold |
| ONTF | ON24 | $5.91 | $18.00 | 204.57% | - |
| SMRT | SmartRent | $1.61 | $4.00 | 148.45% | Hold |
| PYCR | Paycor HCM | $13.78 | $23.11 | 67.71% | Hold |
| AMSWA | American Software | $10.91 | $15.50 | 42.07% | Buy |
| SEMR | Semrush | $13.22 | $18.67 | 41.23% | Buy |
| PAR | PAR | $52.70 | $72.25 | 37.10% | Buy |
| ENV | Envestnet | $62.81 | $68.52 | 9.09% | Hold |
| PWSC | PowerSchool | $22.74 | $24.08 | 5.89% | Hold |
| ETWO | E2open Parent | $4.23 | $4.40 | 4.02% | Hold |
| CWAN | Clearwater Analytics | $23.81 | $22.50 | -5.50% | Buy |
| MLNK | MeridianLink | $22.58 | $20.00 | -11.43% | Buy |
SMRT Forecast FAQ
Is SmartRent a good buy?
No, according to 2 Wall Street analysts, SmartRent (SMRT) is considered a 'Hold'. The rating consensus is based on 0 'Strong Buy' and 0 'Buy' recommendations, accounting for 0% of SMRT's total ratings.
What is SMRT's price target?
SmartRent (SMRT) average price target is $4 with a range of $2 to $6, implying a 150.00% from its last price of $1.6. The data is based on 2 Wall Street analysts who provided a twelve-month price target estimate in the last three months.
Will SmartRent stock go up soon?
According to Wall Street analysts' prediction for SMRT stock, the company can go up by 150.00% (from the last price of $1.6 to the average price target of $4), up by 275.00% based on the highest stock price target, and up by 25.00% based on the lowest stock price target.
Can SmartRent stock reach $2?
SMRT's average twelve months analyst stock price target of $4 supports the claim that SmartRent can reach $2 in the near future.
What are SmartRent's analysts' financial forecasts?
SmartRent's analysts financial forecasts for the fiscal year (Dec 2024) are as follows: average revenue is $199.19M (high $223.29M, low $147.6M), average EBITDA is $-110M (high $-81.405M, low $-123M), average net income is $-13.802M (high $-9.155M, low $-15.973M), average SG&A $77.13M (high $86.46M, low $57.15M), and average EPS is $-0.0683 (high $-0.0453, low $-0.0791). SMRT's analysts financial forecasts for the fiscal year (Dec 2025) are as follows: average revenue is $216.89M (high $243.12M, low $160.71M), average EBITDA is $-120M (high $-88.636M, low $-134M), average net income is $-11.715M (high $-7.77M, low $-13.557M), average SG&A $83.98M (high $94.14M, low $62.23M), and average EPS is $-0.058 (high $-0.0385, low $-0.0671).
Did the SMRT's actual financial results beat the analysts' financial forecasts?
Based on SmartRent's last annual report (Dec 2023), the company's revenue was $236.84M, beating the average analysts forecast of $228.61M by 3.60%. Apple's EBITDA was $-43.159M, missing the average prediction of $-126M by -65.77%. The company's net income was $-34.587M, missing the average estimation of $-36.371M by -4.91%. Apple's SG&A was $63.88M, missing the average forecast of $88.52M by -27.83%. Lastly, the company's EPS was $-0.17, missing the average prediction of $-0.18 by -5.59%. In terms of the last quarterly report (Dec 2023), SmartRent's revenue was $60.25M, beating the average analysts' forecast of $59.59M by 1.11%. The company's EBITDA was $-5.831M, missing the average prediction of $-32.866M by -82.26%. SmartRent's net income was $-3.3M, beating the average estimation of $-1.791M by 84.27%. The company's SG&A was $15.37M, missing the average forecast of $23.07M by -33.41%. Lastly, the company's EPS was $-0.0162, beating the average prediction of $-0.00887 by 82.72%