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NYSE: SMRT
Smartrent Inc Stock Forecast, Predictions & Price Target

Analyst price target for SMRT

Based on 3 analysts offering 12 month price targets for Smartrent Inc.
Min Forecast
$3.20+30.08%
Avg Forecast
$4.23+72.07%
Max Forecast
$5.00+103.25%

Should I buy or sell SMRT stock?

Based on 3 analysts offering ratings for Smartrent Inc.
Strong Buy
Strong Buy
2 analysts 66.67%
Buy
0 analysts 0%
Hold
1 analysts 33.33%
Sell
0 analysts 0%
Strong Sell
0 analysts 0%

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SMRT stock forecasts by analyst

Analyst / FirmRatingActionPrice TargetUpside/DownsideDateAnalyst Color
lockedlocked$00.00+00.00%2024-01-19
lockedlocked$00.00+00.00%2023-11-08
lockedlocked$00.00+00.00%2023-10-23

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Forecast return on equity

Is SMRT forecast to generate an efficient return?
Company
N/A
Industry
0.29%
Market
20.17%

Forecast return on assets

Is SMRT forecast to generate an efficient return on assets?
Company
N/A
Industry
0.19%

SMRT revenue forecast

What is SMRT's revenue in the next 3 years based on estimates from 1 analyst?
Avg 1 year Forecast
$275.8M+16.47%
Avg 2 year Forecast
$331.2M+39.86%
Avg 3 year Forecast
$379.9M+60.39%
SMRT's revenue is forecast to... subscribe to Premium to read more.
Forecast High Revenue Growth Forecast

SMRT revenue growth forecast

How is SMRT forecast to perform vs Software - Application companies and vs the US market?
Company
17.86%
Industry
14.02%
Market
9.43%
SMRT's revenues are forecast to... subscribe to Premium to read more.
Forecast Revenue Growth vs Industry Forecast
SMRT's revenues are forecast to... subscribe to Premium to read more.
Forecast Revenue Growth vs Market Forecast

SMRT vs App Stocks

TickerPricePrice TargetUp/downsideConsensus
SMRT$2.46$4.23+72.07%Strong Buy
EB$5.15$10.80+109.71%Strong Buy
LAW$7.80$10.50+34.62%Hold
MKTW$1.60$2.50+56.25%Buy
DJCO$335.22N/AN/A

Smartrent Stock Forecast FAQ

Is Smartrent Stock a good buy in 2024, according to Wall Street analysts?

The consensus among 3 Wall Street analysts covering (NYSE: SMRT) stock is to Strong Buy SMRT stock.

Out of 3 analysts, 2 (66.67%) are recommending SMRT as a Strong Buy, 0 (0%) are recommending SMRT as a Buy, 1 (33.33%) are recommending SMRT as a Hold, 0 (0%) are recommending SMRT as a Sell, and 0 (0%) are recommending SMRT as a Strong Sell.

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

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

(NYSE: SMRT) Smartrent's forecast annual revenue growth rate of 17.86% is forecast to beat the US Software - Application industry's average forecast revenue growth rate of 14.02%, and it is also forecast to beat the US market's average forecast revenue growth rate of 9.43%.

Smartrent's revenue in 2024 is $236,838,000.On average, 1 Wall Street analysts forecast SMRT's revenue for 2024 to be $56,234,581,632, with the lowest SMRT revenue forecast at $56,234,581,632, and the highest SMRT revenue forecast at $56,234,581,632. On average, 1 Wall Street analysts forecast SMRT's revenue for 2025 to be $67,528,713,992, with the lowest SMRT revenue forecast at $67,528,713,992, and the highest SMRT revenue forecast at $67,528,713,992.

In 2026, SMRT is forecast to generate $77,442,246,263 in revenue, with the lowest revenue forecast at $77,442,246,263 and the highest revenue forecast at $77,442,246,263.

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

(NYSE: SMRT) forecast ROA is N/A, which is lower than the forecast US Software - Application industry average of 0.19%.

What is SMRT's Price Target?

According to 3 Wall Street analysts that have issued a 1 year SMRT price target, the average SMRT price target is $4.23, with the highest SMRT stock price forecast at $5.00 and the lowest SMRT stock price forecast at $3.20.

On average, Wall Street analysts predict that Smartrent's share price could reach $4.23 by Jan 19, 2025. The average Smartrent stock price prediction forecasts a potential upside of 72.07% from the current SMRT share price of $2.46.

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

(NYSE: SMRT) forecast ROE is N/A, which is considered weak.
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