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Home โบ Stocks โบ Smartrent Inc. (SMRT) Stock Forecast & Price Prediction United States | NYSE | Technology | Software - Application
$0.85
-0.03 (-3.41%)10 Quality Stocks Worth Considering Now
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Based on our analysis of 9 Wall Street analysts, SMRT has a neutral consensus with a median price target of $1.80 (ranging from $1.60 to $2.00). The overall analyst rating is Buy (6.0/10). Currently trading at $0.85, the median forecast implies a 111.8% upside. This outlook is supported by 0 Buy, 2 Hold, and 0 Sell ratings.
The most optimistic forecast comes from Ryan Tomasello at Keefe, Bruyette & Woods, projecting a 135.3% upside. Conversely, the most conservative target is provided by Ryan Tomasello at Keefe, Bruyette & Woods, suggesting a 88.2% upside.
Please note that analyst price targets are forward-looking estimates subject to substantial market, economic, and company-specific risks. Past performance does not guarantee future results, and actual stock performance may materially differ from these projections. Investors should conduct their own due diligence and consider their investment objectives and risk tolerance before making investment decisions.
These are the latest 20 analyst ratings and price targets for SMRT.
Date | Firm | Analyst | Rating | Change | Price Target |
---|---|---|---|---|---|
May 8, 2025 | Keefe, Bruyette & Woods | Ryan Tomasello | Market Perform | Maintains | $1.30 |
Mar 6, 2025 | Keefe, Bruyette & Woods | Ryan Tomasello | Market Perform | Maintains | $1.60 |
Aug 9, 2024 | Keefe, Bruyette & Woods | Ryan Tomasello | Market Perform | Downgrade | $2.00 |
Aug 8, 2024 | Cantor Fitzgerald | Brett Knoblauch | Neutral | Downgrade | $2.00 |
Aug 2, 2024 | BTIG | Soham Bhonsle | Neutral | Downgrade | $0.00 |
Jul 31, 2024 | DA Davidson | Tom White | Neutral | Downgrade | $2.00 |
Jun 3, 2024 | BTIG | Soham Bhonsle | Buy | Maintains | $4.00 |
May 15, 2024 | DA Davidson | Tom White | Buy | Maintains | $3.25 |
Mar 6, 2024 | Keefe, Bruyette & Woods | Ryan Tomasello | Outperform | Maintains | $4.00 |
Jan 19, 2024 | BTIG | Soham Bhonsle | Buy | Initiates | $4.50 |
Nov 8, 2023 | Morgan Stanley | Erik Woodring | Equal-Weight | Maintains | $3.20 |
Oct 23, 2023 | Cantor Fitzgerald | Brett Knoblauch | Overweight | Maintains | $5.00 |
Aug 9, 2023 | Morgan Stanley | Erik Woodring | Equal-Weight | Maintains | $3.40 |
Jun 29, 2023 | Cantor Fitzgerald | Brett Knoblauch | Overweight | Maintains | $8.00 |
Jun 20, 2023 | Cantor Fitzgerald | Overweight | Reiterates | $0.00 | |
May 12, 2023 | Keefe, Bruyette & Woods | Ryan Tomasello | Outperform | Maintains | $4.50 |
May 11, 2023 | Cantor Fitzgerald | Brett Knoblauch | Overweight | Maintains | $5.00 |
May 11, 2023 | Morgan Stanley | Erik Woodring | Equal-Weight | Maintains | $3.30 |
Mar 9, 2023 | Cantor Fitzgerald | Brett Knoblauch | Overweight | Maintains | $4.00 |
Mar 9, 2023 | Morgan Stanley | Erik Woodring | Equal-Weight | Maintains | $3.10 |
The following stocks are similar to Stein Mart based on their market capitalization and industry sector. These similar stocks potentially provide investors with alternative investment opportunities within the same market segment.
Smartrent Inc. has a market capitalization of $159.95M with a P/E ratio of 0.0x. The company generates $165.74M in trailing twelve-month revenue with a -39.9% profit margin.
Revenue growth is -18.1% quarter-over-quarter, while maintaining an operating margin of -39.6% and return on equity of -22.7%.
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Develops smart home automation solutions.
The company generates revenue by offering IoT-driven products and services for residential living, including smart locks, thermostats, and lighting systems. These solutions enhance property management by automating operations, which helps reduce costs for property owners and increase satisfaction for tenants.
Smartrent Inc. is well-positioned in the real estate and tech industries, appealing to investors focused on smart technology and sustainable living. The company's innovative approach addresses the growing demand for smart home capabilities and aligns with the trends in modern housing.
Technology
Software - Application
494
Mr. John C. Dorman
United States
2021
SmartRent, Inc. (NYSE:SMRT) will hold its Q1 2025 earnings conference call on May 7, 2025, at 11:30 AM ET, featuring key company executives and analysts from KBW and Cantor Fitzgerald.
SmartRent's Q1 2025 earnings call reveals key financial insights and strategic direction, impacting stock valuation and investor sentiment.
SmartRent's Q1 2025 results show annual recurring revenue of $55.9 million, a 17% increase year over year.
SmartRent's 17% annual recurring revenue growth signals strong demand and operational performance, potentially boosting investor confidence and stock valuation.
SmartRent plans to notify the NYSE of its intention to regain compliance with the minimum share price requirement.
SmartRent's intent to regain compliance with NYSE listing standards signals potential stabilization and recovery in share price, impacting investor confidence and stock performance.
SmartRent will release its Q1 2025 financial results and hold a conference call on May 7, 2025.
SmartRent's upcoming Q1 2025 financial results and conference call may influence stock performance, providing insights into company growth and market positioning.
SmartRent, Inc. (SMRT) is currently in oversold territory, indicating potential for a trend reversal, supported by analysts raising earnings estimates.
SmartRent's oversold status and analyst upgrades suggest a potential rebound, indicating a favorable buying opportunity for investors seeking growth.
SmartRent's stock dropped nearly 30% after the unexpected resignation of its CEO. Despite this, SaaS revenue grew 26% y/y in 2024, supported by a strong balance sheet with $142M in cash.
The CEO's resignation led to a sharp stock drop, raising concerns about leadership stability. However, strong SaaS growth and a solid cash position suggest potential for recovery and strategic shift.
Based on our analysis of 9 Wall Street analysts, Smartrent Inc. (SMRT) has a median price target of $1.80. The highest price target is $2.00 and the lowest is $1.60.
According to current analyst ratings, SMRT has 0 Buy ratings, 2 Hold ratings, and 0 Sell ratings. The stock is currently trading at $0.85. Always conduct your own research and consider your investment goals before making investment decisions.
Wall Street analysts predict SMRT stock could reach $1.80 in the next 12 months. This represents a 111.8% increase from the current price of $0.85. Please note that this is a projection by Wall Street analysts and not a guarantee.
The company generates revenue by offering IoT-driven products and services for residential living, including smart locks, thermostats, and lighting systems. These solutions enhance property management by automating operations, which helps reduce costs for property owners and increase satisfaction for tenants.
The highest price target for SMRT is $2.00 from Ryan Tomasello at Keefe, Bruyette & Woods, which represents a 135.3% increase from the current price of $0.85.
The lowest price target for SMRT is $1.60 from Ryan Tomasello at Keefe, Bruyette & Woods, which represents a 88.2% increase from the current price of $0.85.
The overall analyst consensus for SMRT is neutral. Out of 9 Wall Street analysts, 0 rate it as Buy, 2 as Hold, and 0 as Sell, with a median price target of $1.80.
Stock price projections, including those for Smartrent Inc., are based on various factors including financial models, market conditions, and analyst forecasts. While these predictions provide valuable insights, they should be considered alongside your own research and risk tolerance.
The information provided by Ticker Nerd is for educational and informational purposes only. It should not be considered financial or investment advice. Past performance is not indicative of future results. Always conduct your own research and consult with a qualified financial advisor before making any investment decisions. Analyst ratings and price forecasts are sourced from Wall St analysts and other experts. These projections are speculative and do not guarantee future stock performance.