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

Analyst price target for SMRT

Based on 4 analysts offering 12 month price targets for Smartrent Inc.
Min Forecast
$2.00+24.22%
Avg Forecast
$2.50+55.28%
Max Forecast
$4.00+148.45%

Should I buy or sell SMRT stock?

Based on 4 analysts offering ratings for Smartrent Inc.
Buy
Strong Buy
1 analysts 25%
Buy
0 analysts 0%
Hold
3 analysts 75%
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%2024-08-09
lockedlocked$00.00+00.00%2024-08-08
lockedlocked$00.00+00.00%2024-07-31
lockedlocked$00.00+00.00%2024-06-03

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Forecast return on equity

Is SMRT forecast to generate an efficient return?
Company
3.07%
Industry
22.25%
Market
54.93%
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
2.13%
Industry
12.16%
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 3 years based on estimates from 2 analysts?
Avg 1 year Forecast
-$0.09
Avg 2 year Forecast
-$0.13
Avg 3 year Forecast
$0.05

SMRT revenue forecast

What is SMRT's revenue in the next 3 years based on estimates from 1 analyst?
Avg 1 year Forecast
$279.7M+28.67%
Avg 2 year Forecast
$331.0M+52.3%
Avg 3 year Forecast
$394.1M+81.31%
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
24.13%
Industry
13.71%
Market
8.2%
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$1.61$2.50+55.28%Buy
TRAK$18.17$24.00+32.09%Strong Buy
RYDE$17.33$9.00-48.07%Strong Buy
LAW$5.21$7.33+40.75%Hold
MTLS$5.05$9.50+88.12%Strong Buy

Smartrent Stock Forecast FAQ

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

The consensus among 4 Wall Street analysts covering (NYSE: SMRT) stock is to Buy SMRT stock.

Out of 4 analysts, 1 (25%) are recommending SMRT as a Strong Buy, 0 (0%) are recommending SMRT as a Buy, 3 (75%) 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 2024-2026?

(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 25.92%, and while it is not forecast to beat the US market's average forecast earnings growth rate of 18.33%.

Smartrent's earnings in 2024 is -$23,320,000.On average, 2 Wall Street analysts forecast SMRT's earnings for 2024 to be -$18,215,416, with the lowest SMRT earnings forecast at -$22,263,286, and the highest SMRT earnings forecast at -$14,167,545. On average, 1 Wall Street analyst forecast SMRT's earnings for 2025 to be -$26,311,156, with the lowest SMRT earnings forecast at -$26,311,156, and the highest SMRT earnings forecast at -$26,311,156.

In 2026, SMRT is forecast to generate $10,119,675 in earnings, with the lowest earnings forecast at $10,119,675 and the highest earnings forecast at $10,119,675.

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

(NYSE: SMRT) Smartrent's forecast annual revenue growth rate of 24.13% is forecast to beat the US Software - Application industry's average forecast revenue growth rate of 13.71%, and it is also forecast to beat the US market's average forecast revenue growth rate of 8.2%.

Smartrent's revenue in 2024 is $217,364,000.On average, 1 Wall Street analysts forecast SMRT's revenue for 2024 to be $56,605,820,825, with the lowest SMRT revenue forecast at $56,605,820,825, and the highest SMRT revenue forecast at $56,605,820,825. On average, 1 Wall Street analysts forecast SMRT's revenue for 2025 to be $67,000,144,164, with the lowest SMRT revenue forecast at $67,000,144,164, and the highest SMRT revenue forecast at $67,000,144,164.

In 2026, SMRT is forecast to generate $79,765,912,224 in revenue, with the lowest revenue forecast at $79,765,912,224 and the highest revenue forecast at $79,765,912,224.

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

(NYSE: SMRT) forecast ROA is 2.13%, which is lower than the forecast US Software - Application industry average of 12.16%.

What is SMRT's Price Target?

According to 4 Wall Street analysts that have issued a 1 year SMRT price target, the average SMRT price target is $2.50, with the highest SMRT stock price forecast at $4.00 and the lowest SMRT stock price forecast at $2.00.

On average, Wall Street analysts predict that Smartrent's share price could reach $2.50 by Aug 9, 2025. The average Smartrent stock price prediction forecasts a potential upside of 55.28% from the current SMRT share price of $1.61.

What is SMRT's Earnings Per Share (EPS) forecast for 2024-2026?

(NYSE: SMRT) Smartrent's current Earnings Per Share (EPS) is -$0.11. On average, analysts forecast that SMRT's EPS will be -$0.09 for 2024, with the lowest EPS forecast at -$0.11, and the highest EPS forecast at -$0.07. On average, analysts forecast that SMRT's EPS will be -$0.13 for 2025, with the lowest EPS forecast at -$0.13, and the highest EPS forecast at -$0.13. In 2026, SMRT's EPS is forecast to hit $0.05 (min: $0.05, max: $0.05).

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

(NYSE: SMRT) forecast ROE is 3.07%, which is considered weak.
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