WallStreetZenWallStreetZen

NYSE: SMAR
Smartsheet Inc Stock Forecast, Predictions & Price Target

OverviewForecast
EarningsDividendOwnership

Analyst price target for SMAR

Based on 16 analysts offering 12 month price targets for Smartsheet Inc.
Min Forecast
$38.00-19.35%
Avg Forecast
$50.56+7.31%
Max Forecast
$62.00+31.58%

Should I buy or sell SMAR stock?

Based on 16 analysts offering ratings for Smartsheet Inc.
Strong Buy
Strong Buy
10 analysts 62.5%
Buy
4 analysts 25%
Hold
2 analysts 12.5%
Sell
0 analysts 0%
Strong Sell
0 analysts 0%

Be the first to know when Wall Street analysts revise their SMAR stock forecasts and price targets.

SMAR stock forecasts by analyst

Analyst / FirmRatingActionPrice TargetUpside/DownsideDateAnalyst Color
Guggenheim
Top 5%
96
Strong BuyMaintains$57.00+20.97%2023-03-24Find out why
Oppenheimer
Bottom 17%
17
BuyMaintains$55.00+16.72%2023-03-15
Wells Fargo
Bottom 1%
1
Strong BuyMaintains$50.00+6.11%2023-03-15
RBC Capital
Bottom 2%
2
HoldMaintains$43.00-8.74%2023-03-15
Credit Suisse
Top 24%
77
HoldReiterates$40.00-15.11%2023-03-15
Needham
Bottom 9%
9
BuyReiterates$57.00+20.97%2023-03-15
KeyBanc
Bottom 3%
3
Strong BuyMaintains$53.00+12.48%2023-03-15
Morgan Stanley
Bottom 13%
13
Strong BuyMaintains$56.00+18.85%2022-12-02
Moffett Nathanson
Top 20%
81
BuyInitiates Coverage On$50.00+6.11%2022-09-22
DA Davidson
Top 47%
54
Strong BuyMaintains$45.00-4.50%2022-09-02

1 of 2

Forecast return on equity

Is SMAR forecast to generate an efficient return?
Company
N/A
Industry
0.41%
Market
28.63%

Forecast return on assets

Is SMAR forecast to generate an efficient return on assets?
Company
N/A
Industry
0.17%

SMAR earnings per share forecast

What is SMAR's earnings per share in the next 2 years based on estimates from 2 analysts?
Avg 1 year Forecast
-$1.59
Avg 2 year Forecast
-$1.46

SMAR revenue forecast

What is SMAR's revenue in the next 3 years based on estimates from 6 analysts?
Avg 1 year Forecast
$986.3M+28.6%
Avg 2 year Forecast
$1.2B+61.61%
Avg 3 year Forecast
$1.2B+57.38%
SMAR's revenue is forecast to... subscribe to Premium to read more.
Forecast High Revenue Growth Forecast

SMAR revenue growth forecast

How is SMAR forecast to perform vs Software - Application companies and vs the US market?
Company
24.85%
Industry
19.96%
Market
8.77%
SMAR's revenues are forecast to... subscribe to Premium to read more.
Forecast Revenue Growth vs Industry Forecast
SMAR's revenues are forecast to... subscribe to Premium to read more.
Forecast Revenue Growth vs Market Forecast

SMAR vs App Stocks

TickerPricePrice TargetUp/downsideConsensus
SMAR$47.12$50.56+7.31%Strong Buy
GWRE$77.10$83.00+7.65%Buy
MNDY$135.79$175.64+29.35%Strong Buy
GLOB$155.12$230.50+48.59%Strong Buy
DSGX$77.55$79.60+2.64%Buy
View Top App Stocks

Smartsheet Stock Forecast FAQ

Is Smartsheet Stock a good buy in 2023, according to Wall Street analysts?

The consensus among 16 Wall Street analysts covering (NYSE: SMAR) stock is to Strong Buy SMAR stock.

Out of 16 analysts, 10 (62.5%) are recommending SMAR as a Strong Buy, 4 (25%) are recommending SMAR as a Buy, 2 (12.5%) are recommending SMAR as a Hold, 0 (0%) are recommending SMAR as a Sell, and 0 (0%) are recommending SMAR as a Strong Sell.

If you're new to stock investing, here's how to buy Smartsheet stock.

What is SMAR's earnings growth forecast for 2024-2025?

(NYSE: SMAR) Smartsheet's forecast annual earnings growth rate of N/A is not forecast to beat the US Software - Application industry's average forecast earnings growth rate of 77.36%, and while it is not forecast to beat the US market's average forecast earnings growth rate of 19.51%.

Smartsheet's earnings in 2023 is -$215,639,000.On average, 2 Wall Street analysts forecast SMAR's earnings for 2024 to be -$210,715,634, with the lowest SMAR earnings forecast at -$210,715,634, and the highest SMAR earnings forecast at -$210,715,634.

In 2025, SMAR is forecast to generate -$193,487,312 in earnings, with the lowest earnings forecast at -$193,487,312 and the highest earnings forecast at -$193,487,312.

What is SMAR's revenue growth forecast for 2024-2026?

(NYSE: SMAR) Smartsheet's forecast annual revenue growth rate of 24.85% is forecast to beat the US Software - Application industry's average forecast revenue growth rate of 19.96%, and and it is also forecast to beat the US market's average forecast revenue growth rate of 8.77%.

Smartsheet's revenue in 2023 is $766,915,000.On average, 6 Wall Street analysts forecast SMAR's revenue for 2024 to be $130,705,317,488, with the lowest SMAR revenue forecast at $129,293,257,689, and the highest SMAR revenue forecast at $133,135,173,558. On average, 1 Wall Street analysts forecast SMAR's revenue for 2025 to be $164,254,824,618, with the lowest SMAR revenue forecast at $164,254,824,618, and the highest SMAR revenue forecast at $164,254,824,618.

In 2026, SMAR is forecast to generate $159,958,346,092 in revenue, with the lowest revenue forecast at $159,958,346,092 and the highest revenue forecast at $159,958,346,092.

What is SMAR's forecast return on assets (ROA) for 2024-2026?

(NYSE: SMAR) forecast ROA is N/A, which is lower than the forecast US Software - Application industry average of 0.17%.

What is SMAR's Price Target?

According to 16 Wall Street analysts that have issued a 1 year SMAR price target, the average SMAR price target is $50.56, with the highest SMAR stock price forecast at $62.00 and the lowest SMAR stock price forecast at $38.00.

On average, Wall Street analysts predict that Smartsheet's share price could reach $50.56 by Mar 24, 2024. The average Smartsheet stock price prediction forecasts a potential upside of 7.31% from the current SMAR share price of $47.12.

What is SMAR's Earnings Per Share (EPS) forecast for 2024-2025?

(NYSE: SMAR) Smartsheet's current Earnings Per Share (EPS) is -$1.66. On average, analysts forecast that SMAR's EPS will be -$1.59 for 2024, with the lowest EPS forecast at -$1.59, and the highest EPS forecast at -$1.59. In 2025, SMAR's EPS is forecast to hit -$1.46 (min: -$1.46, max: -$1.46).

What is SMAR's forecast return on equity (ROE) for 2024-2026?

(NYSE: SMAR) forecast ROE is N/A, which is considered weak.
©2023 WallStreetZen
Company
AboutBlogStock Investing FAQPlansPrivacy PolicyTerms of ServiceCancellation & RefundsHelp GuidesContactTwitterYouTube
Stock Tools
Top Performing AnalystsStock ScreenerStock ForecastTrending StocksStrong Buy StocksHighest Earnings StocksBest Dividend Paying StocksStatisticsStock Market SectorsStock Market IndustriesHow to Buy Stocks Online
Stock Ideas
Buy The DipBiggest Stock Gainers TodayBiggest Stock Losers Today52 Week High Stocks52 Week Low StocksMost Active Stocks TodayMost Undervalued StocksBest Penny Stocks to Buy NowBest Stocks Under $5Best Stocks Under $10
WallStreetZen does not provide financial advice and does not issue recommendations or offers to buy stock or sell any security.

Information is provided 'as-is' and solely for informational purposes and is not advice. WallStreetZen does not bear any responsibility for any losses or damage that may occur as a result of reliance on this data.