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SmartRent (SMRT) Stock Forecast, Price Target & Predictions

OverviewRevenueOwnershipFinancialsChartTranscripts

SMRT Stock Forecast

SmartRent (SMRT) stock forecast, based on 2 Wall Street analysts, predicts a 12-month average price target of $2.00, with a high of $2.00 and a low of $2.00. This represents a 33.33% increase from the last price of $1.50.

High: $2 Avg: $2 Low: $2 Last Closed Price: $1.5

SMRT Stock Rating

SmartRent stock's rating consensus is Hold, based on 2 Wall Street analysts. The breakdown includes 0 Strong Buy (0.00%), 0 Buy (0.00%), 2 Hold (100.00%), 0 Sell (0.00%), and 0 Strong Sell (0.00%).

Hold
Total 2 0 2 Strong Sell Sell Hold Buy Strong Buy

SMRT Forecast vs Benchmarks

TypeNameUpside
StockSmartRent33.33%
SectorTechnology Stocks 13.03%

Price Target Trends

1M3M12M
# Anlaysts--3
Avg Price Target--$3.08
Last Closing Price$1.50$1.50$1.50
Upside/Downside--105.33%
Ratings Trends
DateStrong BuyBuyHoldSellStrong SellTotal
Jan, 25--4--4
Dec, 24--4--4
Nov, 24-15--6
Oct, 24-15--6
Sep, 24245--11
Latest Price Target by Analysts
DateAnalystCompanyPrice TargetPrice when PublishedPrice Target/Price when PublishedPrice Target/Last Closing Price
Jul 30, 2024Tom WhiteD.A. Davidson$2.00$1.933.63%33.33%
Jun 03, 2024Soham BhonsleBTIG$4.00$2.3669.49%166.67%
May 14, 2024Tom WhiteD.A. Davidson$3.25$2.4035.42%116.67%
May 12, 2022Benjamin SherlundCantor Fitzgerald$6.00$4.0050.00%300.00%
Latest Upgrade/Downgrade by Analysts
DateCompanyPrevious RatingNew RatingRating Change
Aug 07, 2024Cantor FitzgeraldOverweightNeutraldowngrade
Aug 02, 2024BTIGBuyNeutraldowngrade
Jun 03, 2024BTIGBuyBuyhold
May 12, 2022Cantor FitzgeraldOverweightupgrade

Financial Forecast

EPS Forecast

Dec 21 Dec 22 Dec 23 Dec 24 Dec 25 Dec 26 Dec 27 Dec 28
Dec 21Dec 22Dec 23Dec 24Dec 25Dec 26Dec 27Dec 28
Reported$-0.96$-0.49$-0.17-----
Avg Forecast$-1.09$-0.48$-0.17$-0.14$-0.09$0.03--
High Forecast$-1.20$-0.53$-0.18$-0.16$-0.10$0.03--
Low Forecast$-0.96$-0.45$-0.16$-0.11$-0.08$0.03--
Surprise %-11.93%2.08%------

Revenue Forecast

$50M $130M $210M $290M $370M $450M Dec 21 Dec 22 Dec 23 Dec 24 Dec 25 Dec 26 Dec 27 Dec 28
Dec 21Dec 22Dec 23Dec 24Dec 25Dec 26Dec 27Dec 28
Reported$110.64M$167.82M$236.84M-----
Avg Forecast$107.39M$174.03M$236.07M$178.59M$183.26M$264.50M$331.00M$370.80M
High Forecast$98.18M$163.52M$217.81M$164.77M$169.08M$244.03M$305.39M$342.11M
Low Forecast$115.99M$188.14M$261.01M$197.46M$202.62M$292.45M$365.97M$409.98M
Surprise %3.03%-3.57%0.32%-----

Net Income Forecast

$-250M $-190M $-130M $-70M $-10M $50M Dec 21 Dec 22 Dec 23 Dec 24 Dec 25 Dec 26 Dec 27 Dec 28
Dec 21Dec 22Dec 23Dec 24Dec 25Dec 26Dec 27Dec 28
Reported$-71.96M$-96.32M$-34.59M-----
Avg Forecast$-217.76M$-97.08M$-34.59M$-25.52M$-18.07M$6.13M--
High Forecast$-240.44M$-107.31M$-36.01M$-31.85M$-20.54M$5.42M--
Low Forecast$-193.49M$-89.46M$-32.22M$-22.48M$-16.25M$6.85M--
Surprise %-66.95%-0.78%------

SMRT Forecast FAQ

Is SmartRent stock a buy?

SmartRent stock has a consensus rating of Hold, based on 2 Wall Street analysts. The rating breakdown includes 0 Strong Buy, 0 Buy, 2 Hold, 0 Sell, and 0 Strong Sell, reflecting a consensus that SmartRent is a neutral investment for most analysts.

What is SmartRent's price target?

SmartRent's price target, set by 2 Wall Street analysts, averages $2 over the next 12 months. The price target range spans from $2 at the low end to $2 at the high end, suggesting a potential 33.33% change from the previous close price of $1.5.

How does SmartRent stock forecast compare to the average forecast of its sector, industry, and investment themes?

SmartRent stock forecast shows a 33.33% upside, outperforming the average forecast for the technology stocks sector (13.03%).

What is the breakdown of analyst ratings for SmartRent over the past three months?

  • January 2025: 0% Strong Buy, 0% Buy, 100.00% Hold, 0% Sell, 0% Strong Sell.
  • December 2024: 0% Strong Buy, 0% Buy, 100.00% Hold, 0% Sell, 0% Strong Sell.
  • November 2024: 0% Strong Buy, 16.67% Buy, 83.33% Hold, 0% Sell, 0% Strong Sell.

What is SmartRent’s EPS forecast?

SmartRent's average annual EPS forecast for its fiscal year ending in December is -0.14 for 2024, a -17.65% decrease from the reported $-0.17 in 2023. The prediction for 2025 is $-0.09, $0.03 for 2026, $0 for 2027, and $0 for 2028.

What is SmartRent’s revenue forecast?

SmartRent's average annual revenue forecast for its fiscal year ending in December is $178.59M for 2024, a -24.59% decrease from the reported $236.84M in 2023. The forecast for 2025 is $183.26M, $264.5M for 2026, $331M for 2027, and $370.8M for 2028.

What is SmartRent’s net income forecast?

For its fiscal year ending in December, SmartRent's average annual net income forecast is $-25.52M for 2024, reflecting a -26.22% decrease from the reported $-34.587M in 2023. The projection for 2025 is $-18.066M, $6.13M for 2026, $0 for 2027, and $0 for 2028.