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

Analyst price target for SMRT

Based on 9 analysts offering 12 month price targets for Smartrent Inc.
Min Forecast
$2.90+1.05%
Avg Forecast
$7.10+147.39%
Max Forecast
$13.00+352.96%

Should I buy or sell SMRT stock?

Based on 9 analysts offering ratings for Smartrent Inc.
Strong Buy
Strong Buy
5 analysts 55.56%
Buy
2 analysts 22.22%
Hold
2 analysts 22.22%
Sell
0 analysts 0%
Strong Sell
0 analysts 0%

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SMRT stock forecasts by analyst

Analyst / FirmRatingActionPrice TargetUpside/DownsideDateAnalyst Color
Morgan Stanley
Bottom 6%
6
HoldMaintains$2.90+1.05%2022-11-11
Imperial Capital
Bottom 15%
15
BuyInitiates Coverage On$6.00+109.06%2022-08-16
DA Davidson
Bottom 1%
1
Strong BuyMaintains$6.00+109.06%2022-08-12
Cantor Fitzgerald
Bottom 9%
9
Strong BuyAssumes$6.00+109.06%2022-07-22
Compass Point
Bottom 6%
6
Strong BuyInitiates Coverage On$8.00+178.75%2022-05-25
Deutsche Bank
Top 1%
100
Strong BuyMaintains$7.00+143.90%2022-05-12
Anonymous
Goldman Sachs
Strong BuyMaintains$5.00+74.22%2022-05-12
Cantor Fitzgerald
Bottom 28%
28
HoldMaintains$6.00+109.06%2022-03-28
Keefe, Bruyette & Woods
Bottom 18%
18
BuyInitiates Coverage On$13.00+352.96%2022-02-14
Colliers Securities
Top 18%
83
Strong BuyInitiates Coverage On$9.00+213.59%2022-02-08

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Forecast return on equity

Is SMRT forecast to generate an efficient return?
Company
6.75%
Industry
9.48%
Market
49.29%
SMRT's Return on Equity is... subscribe to Premium to read more.
Forecast High Return on Equity Forecast

Forecast return on assets

Is SMRT forecast to generate an efficient return on assets?
Company
4.68%
Industry
3.5%
SMRT is forecast to generate... subscribe to Premium to read more.
Forecast Return on Assets vs Industry Forecast

SMRT earnings per share forecast

What is SMRT's earnings per share in the next 2 years based on estimates from 4 analysts?
Avg 1 year Forecast
-$0.23
Avg 2 year Forecast
$0.13

SMRT revenue forecast

What is SMRT's revenue in the next 2 years based on estimates from 2 analysts?
Avg 1 year Forecast
$299.3M+84.83%
Avg 2 year Forecast
$530.3M+227.46%
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
84.83%
Industry
15.46%
Market
71.5%
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$2.87$7.10+147.39%Strong Buy
OSPN$14.03$22.00+56.81%Strong Buy
EBIX$19.01N/AN/AHold
EGHT$4.92$6.17+25.35%Hold
MTLS$10.00$19.50+95.00%Strong Buy

Smartrent Stock Forecast FAQ

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

The consensus among 9 Wall Street analysts covering (NYSE: SMRT) stock is to Strong Buy SMRT stock.

Out of 9 analysts, 5 (55.56%) are recommending SMRT as a Strong Buy, 2 (22.22%) are recommending SMRT as a Buy, 2 (22.22%) 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 earnings growth forecast for 2023-2024?

(NYSE: SMRT) Smartrent'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 114.53%, and while it is not forecast to beat the US market's average forecast earnings growth rate of 85.4%.

Smartrent's earnings in 2023 is -$100,891,000.On average, 4 Wall Street analysts forecast SMRT's earnings for 2023 to be -$45,620,149, with the lowest SMRT earnings forecast at -$59,504,542, and the highest SMRT earnings forecast at -$31,735,756.

In 2024, SMRT is forecast to generate $25,785,301 in earnings, with the lowest earnings forecast at $9,917,424 and the highest earnings forecast at $39,669,695.

What is SMRT's revenue growth forecast for 2023-2024?

(NYSE: SMRT) Smartrent's forecast annual revenue growth rate of 84.83% is forecast to beat the US Software - Application industry's average forecast revenue growth rate of 15.46%, and and it is also forecast to beat the US market's average forecast revenue growth rate of 71.5%.

Smartrent's revenue in 2023 is $161,938,000.On average, 2 Wall Street analysts forecast SMRT's revenue for 2023 to be $59,366,888,060, with the lowest SMRT revenue forecast at $47,411,632,198, and the highest SMRT revenue forecast at $71,322,143,921.

In 2024, SMRT is forecast to generate $105,181,220,005 in revenue, with the lowest revenue forecast at $67,276,033,421 and the highest revenue forecast at $143,086,604,937.

What is SMRT's forecast return on assets (ROA) for 2023-2024?

(NYSE: SMRT) forecast ROA is 4.68%, which is higher than the forecast US Software - Application industry average of 3.5%.

What is SMRT's Price Target?

According to 9 Wall Street analysts that have issued a 1 year SMRT price target, the average SMRT price target is $7.10, with the highest SMRT stock price forecast at $13.00 and the lowest SMRT stock price forecast at $2.90.

On average, Wall Street analysts predict that Smartrent's share price could reach $7.10 by Nov 11, 2023. The average Smartrent stock price prediction forecasts a potential upside of 147.39% from the current SMRT share price of $2.87.

What is SMRT's Earnings Per Share (EPS) forecast for 2023-2024?

(NYSE: SMRT) Smartrent's current Earnings Per Share (EPS) is -$0.03. On average, analysts forecast that SMRT's EPS will be -$0.23 for 2023, with the lowest EPS forecast at -$0.30, and the highest EPS forecast at -$0.16. In 2024, SMRT's EPS is forecast to hit $0.13 (min: $0.05, max: $0.20).

What is SMRT's forecast return on equity (ROE) for 2023-2024?

(NYSE: SMRT) forecast ROE is 6.75%, which is considered weak.
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