SmartRent (SMRT) Stock Forecast, Price Target & Predictions

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SMRT Stock Forecast

SmartRent stock forecast is as follows: an average price target of $2.00 (represents a 26.58% upside from SMRT’s last price of $1.58) 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 $2.00 based on 1-year price targets from 2 Wall Street analysts in the past 3 months, with a price target range of $2.00 to $2.00. This represents a potential 26.58% upside from SMRT's last price of $1.58.

SMRT Analyst Ratings

Hold

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%	26.58%
Jun 03, 2024	Soham Bhonsle	BTIG	$4.00	$2.36	69.49%	153.16%
May 14, 2024	Tom White	D.A. Davidson	$3.25	$2.40	35.42%	105.70%
May 12, 2022	Benjamin Sherlund	Cantor Fitzgerald	$6.00	$4.00	50.00%	279.75%

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 26.58% increase from SMRT last price ($1.58).

SmartRent Price Target by Period

	1M	3M	12M
# Anlaysts	-	-	3
Avg Price Target	-	-	$3.08
Last Closing Price	$1.58	$1.58	$1.58
Upside/Downside	-100.00%	-100.00%	94.94%

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 $1.58. This month's average price target is down NaN% 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	$49.82M	$45.96M	$44.45M	$43.02M	$39.08M	$45.94M	$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	$53.71M	$49.55M	$47.92M	$47.74M	$40.68M	$49.52M	$55.33M	$51.12M	$64.24M	$59.34M	$57.95M	$60.28M	$50.72M	$43.76M	$50.26M	$36.49M	$31.40M	$35.02M
Low Forecast	$43.02M	$39.69M	$38.38M	$33.97M	$37.16M	$39.67M	$44.32M	$51.12M	$51.46M	$59.34M	$46.42M	$48.28M	$40.63M	$43.76M	$50.26M	$36.49M	$31.40M	$35.02M
# Analysts	1	1	1	4	3	1	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 $51.12M, and a high forecast of $51.12M. 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	4	3	1	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	$-27.16M	$-25.05M	$-24.23M	$-23.45M	$-21.30M	$-25.04M	$-27.98M	$-27.86M	$-32.48M	$-32.35M	$-29.30M	$-30.48M	$-25.65M	$-24.14M	$-27.72M	$-20.12M	$-17.32M	$-19.32M
High Forecast	$-23.45M	$-21.63M	$-20.92M	$-18.51M	$-20.25M	$-21.62M	$-24.16M	$-27.86M	$-28.05M	$-32.35M	$-25.30M	$-26.32M	$-22.15M	$-24.14M	$-27.72M	$-20.12M	$-17.32M	$-19.32M
Low Forecast	$-29.27M	$-27.01M	$-26.12M	$-26.02M	$-22.17M	$-26.99M	$-30.16M	$-27.86M	$-35.01M	$-32.35M	$-31.59M	$-32.86M	$-27.65M	$-24.14M	$-27.72M	$-20.12M	$-17.32M	$-19.32M
Surprise %	-	-	-	-	-	-	-	-	0.18%	0.31%	0.41%	0.46%	0.81%	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	4	3	1	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	$-3.48M	$-4.47M	$-4.47M	$-4.97M	$-6.46M	$-3.97M	$-2.85M	$-2.38M	$-1.97M	$-8.79M	$-10.33M	$-14.90M	$-19.37M	$-22.51M	$-21.23M	$-19.53M	$-18.52M	$-50.50M
High Forecast	$-2.86M	$-3.68M	$-3.68M	$-4.09M	$-5.31M	$-3.27M	$-2.34M	$-1.96M	$-1.77M	$-7.23M	$-8.50M	$-12.26M	$-15.93M	$-22.51M	$-21.23M	$-19.53M	$-18.52M	$-50.50M
Low Forecast	$-3.83M	$-4.92M	$-4.92M	$-5.47M	$-7.11M	$-4.38M	$-3.14M	$-2.63M	$-2.18M	$-9.68M	$-11.38M	$-16.42M	$-21.33M	$-22.51M	$-21.23M	$-19.53M	$-18.52M	$-50.50M
Surprise %	-	-	-	-	-	-	-	-	1.67%	0.88%	1.00%	0.89%	1.10%	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	4	3	1	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	$19.29M	$17.80M	$17.21M	$16.66M	$15.13M	$17.79M	$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	$20.80M	$19.19M	$18.55M	$18.48M	$15.75M	$19.18M	$21.43M	$19.79M	$24.87M	$22.98M	$22.44M	$23.34M	$19.64M	$16.95M	$19.46M	$14.13M	$12.16M	$13.56M
Low Forecast	$16.66M	$15.37M	$14.86M	$13.15M	$14.39M	$15.36M	$17.16M	$19.79M	$19.93M	$22.98M	$17.98M	$18.70M	$15.73M	$16.95M	$19.46M	$14.13M	$12.16M	$13.56M
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 $19.79M to $19.79M. 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	4	3	1	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	$-0.02	$-0.02	$-0.02	$-0.03	$-0.03	$-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	$-0.01	$-0.02	$-0.02	$-0.02	$-0.03	$-0.02	$-0.01	$-0.01	$-0.01	$-0.04	$-0.04	$-0.06	$-0.08	$-0.11	$-0.11	$-0.10	$-0.09	$-0.25
Low Forecast	$-0.02	$-0.02	$-0.02	$-0.03	$-0.04	$-0.02	$-0.02	$-0.01	$-0.01	$-0.05	$-0.06	$-0.08	$-0.11	$-0.11	$-0.11	$-0.10	$-0.09	$-0.25
Surprise %	-	-	-	-	-	-	-	-	1.63%	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
ONTF	ON24	$6.68	$18.00	169.46%
SEMR	Semrush	$13.18	$19.50	47.95%	Buy
ETWO	E2open Parent	$3.10	$4.20	35.48%	Hold
PAR	PAR	$78.06	$101.67	30.25%	Buy
SMRT	SmartRent	$1.76	$2.00	13.64%	Hold
CWAN	Clearwater Analytics	$29.55	$31.33	6.02%	Buy
MLNK	MeridianLink	$22.18	$22.75	2.57%	Buy
LAW	CS Disco	$5.90	$6.00	1.69%	Hold
PYCR	Paycor HCM	$20.16	$18.25	-9.47%	Hold
EXFY	Expensify	$3.86	$2.50	-35.23%	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 $2 with a range of $2 to $2, implying a 26.58% from its last price of $1.58. 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 26.58% (from the last price of $1.58 to the average price target of $2), up by 26.58% based on the highest stock price target, and up by 26.58% based on the lowest stock price target.

Can SmartRent stock reach $2?

SMRT's average twelve months analyst stock price target of $2 does not support 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 $187.47M (high $196.65M, low $172.27M), average EBITDA is $-102M (high $-93.9M, low $-107M), average net income is $-15.667M (high $-12.887M, low $-17.255M), average SG&A $72.59M (high $76.15M, low $66.71M), and average EPS is $-0.0788 (high $-0.0648, low $-0.0868). SMRT's analysts financial forecasts for the fiscal year (Dec 2025) are as follows: average revenue is $183.26M (high $198.91M, low $155.06M), average EBITDA is $-99.89M (high $-84.52M, low $-108M), average net income is $-17.389M (high $-14.303M, low $-19.152M), average SG&A $70.96M (high $77.02M, low $60.04M), and average EPS is $-0.0875 (high $-0.072, low $-0.0964).

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 $-125M by -65.36%. The company's net income was $-34.587M, missing the average estimation of $-35.996M by -3.92%. 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 $-0.181 by -6.15%. 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 $-32.481M by -82.05%. SmartRent's net income was $-3.3M, beating the average estimation of $-1.973M by 67.26%. 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 $-0.00993 by 63.18%