SmartRent, Inc. (SMRT)
| Market Cap | 247.18M -10.0% |
| Revenue (ttm) | 151.20M -2.8% |
| Net Income | -19.60M |
| EPS | -0.10 |
| Shares Out | 191.61M |
| PE Ratio | n/a |
| Forward PE | n/a |
| Dividend | n/a |
| Ex-Dividend Date | n/a |
| Volume | 425,464 |
| Open | 1.330 |
| Previous Close | 1.330 |
| Day's Range | 1.320 - 1.350 |
| 52-Week Range | 0.905 - 2.200 |
| Beta | 1.56 |
| Analysts | Hold |
| Price Target | 1.45 (+12.4%) |
| Earnings Date | Aug 5, 2026 |
About SMRT
SmartRent, Inc., an enterprise real estate technology company, provides management software and applications to rental property owners and operators, property managers, homebuilders, developers, and residents in the United States and internationally. Its smart building hardware and cloud-based software-as-a-service solutions are designed to enhance visibility and control their real estate assets while providing all-in-one home control offerings for residents. The company’s products and solutions include smart apartments and homes, access contro... [Read more]
Financial Performance
In 2025, SmartRent's revenue was $152.33 million, a decrease of -12.90% compared to the previous year's $174.89 million. Losses were -$60.56 million, 80.0% more than in 2024.
Financial StatementsAnalyst Summary
According to 2 analysts, the average rating for SMRT stock is "Hold." The 12-month stock price target is $1.45, which is an increase of 12.40% from the latest price.
News
SmartRent price target raised to $1.40 from $1.20 at Keefe Bruyette
Keefe Bruyette raised the firm’s price target on SmartRent (SMRT) to $1.40 from $1.20 and keeps an Outperform rating on the shares.
SmartRent Earnings Call Transcript: Q2 2026
Q2 2026 saw double-digit core revenue and SaaS growth, margin expansion, and improved profitability, driven by a larger IoT footprint and strategic partnerships. The company expects stronger results in the second half of 2026 and is on track to surpass 1 million installed units.
SmartRent Earnings release: Q2 2026
SmartRent released its Q2 2026 earnings on August 5, 2026, summarizing the period's financial results.
SmartRent Quarterly report: Q2 2026
SmartRent has published its Q2 2026 quarterly earnings report on August 5, 2026.
SmartRent Slides: Q2 2026
SmartRent has posted slides in relation to its Q2 2026 quarterly earnings report, which was published on August 5, 2026.
SmartRent reports Q2 EPS (3c) vs. (6c) last year
Reports revenue $39.8M vs. $38.3M last year. “By almost every measure, SmartRent (SMRT) delivered strong progress in the second quarter as we continued to stay laser focused on realizing the…
SmartRent sees 2H core revenue, profitability ‘substantially stronger’ than 2H25
Chief Financial Officer Daryl Stemm added, “We ended the quarter with approximately $93 million in cash, no debt, and an undrawn $75 million credit facility. With the strength of Units…
SmartRent Reports Second Quarter 2026 Financial Results
PHOENIX--(BUSINESS WIRE)---- $SMRT #alloy--SmartRent today reported financial results for the three months ended June 30, 2026.
SmartRent Slides: Investor presentation
SmartRent has posted slides in relation to its latest quarterly earnings report, which was published on August 5, 2026.
SmartRent Selects Databricks Data + AI Platform to Power the Next Generation of Multifamily Property Analytics
PHOENIX--(BUSINESS WIRE)---- $SMRT #alloy--SmartRent today announced a multi-year initiative with Databricks, the data and AI company.
SmartRent to Report Second Quarter 2026 Financial Results on August 5, 2026
PHOENIX--(BUSINESS WIRE)--SmartRent, Inc. will release second quarter 2026 results and host a conference call on Wednesday, Aug. 5, 2026.
SmartRent price target lowered to $1.20 from $1.40 at Keefe Bruyette
Keefe Bruyette lowered the firm’s price target on SmartRent (SMRT) to $1.20 from $1.40 and keeps a Market Perform rating on the shares.
SmartRent enters multi-year partnership with Hexaware
SmartRent (SMRT) announced a multi-year strategic partnership with Hexaware Technologies. The collaboration will drive an AI-native transformation of SmartRent’s internal processes, increasing operati...
SmartRent, Hexaware enter strategic partnership
Hexaware Technologies announced a strategic partnership with SmartRent (SMRT). The partnership will drive an AI native transformation of key business areas of the SmartRent program, spanning three con...
SmartRent and Hexaware Forge Partnership to Further Vision 2028 Execution and Operational Excellence
PHOENIX--(BUSINESS WIRE)---- $SMRT #alloy--SmartRent today announced a multi-year strategic partnership with Hexaware Technologies.
Hexaware and SmartRent Enter Strategic Partnership to Transform to AI-native Customer Operations and Revenue Processes
AI-led support services, bill-to-cash solutions, and an agile lead-to-order process with Salesforce Revenue Cloud Advanced implementation MUMBAI, India and ISELIN, N.J. and LONDON, July 6, 2026 /PRNew...
SmartRent Launches Hardware-Free Virtual Intercom
PHOENIX--(BUSINESS WIRE)---- $SMRT #alloy--SmartRent today announced the launch of Virtual Intercom, a reenvisioned, browser-based entry management system.
SmartRent Launches Industry-First Automated Smart Thermostat Climate Protection Function
PHOENIX--(BUSINESS WIRE)---- $SMRT #alloy--SmartRent launches Climate Protection Mode, an industry-first thermostat feature that helps prevent costly weather-related property damage.
SmartRent price target lowered to $1.40 from $2 at Keefe Bruyette
Keefe Bruyette lowered the firm’s price target on SmartRent (SMRT) to $1.40 from $2 and keeps a Market Perform rating on the shares.
SmartRent Transcript: AGM 2026
The meeting, held virtually, covered director elections, auditor ratification, and an amended equity plan. All proposals passed, with preliminary results to be finalized and reported to the SEC. Voting procedures and governance protocols were emphasized.
SmartRent names Pankaj Bansi COO
SmartRent (SMRT) announced the promotion of Pankaj Bansi to Chief Operating Officer. Bansi, who joined SmartRent in October 2025 as Chief Transformation Officer, will now oversee operations, field ser...
SmartRent Promotes Pankaj Bansi to Chief Operating Officer
PHOENIX--(BUSINESS WIRE)---- $SMRT #alloy--SmartRent today announced the promotion of Pankaj Bansi to Chief Operating Officer.
SmartRent reports Q1 EPS (2c) vs. (21c) last year
Reports Q1 revenue $38.7M vs. $41.3M last year. “SmartRent (SMRT) delivered a strong first quarter building off the momentum of the second half of 2025. We significantly reduced our net…
SmartRent remains ‘confident’ in delivering positive cash flow on FY basis
Chief Financial Officer Daryl Stemm added, “Adjusted EBITDA was approximately $0.4 million, positive for the second consecutive quarter, and total gross margin expanded approximately 630 basis points ...
SmartRent Earnings Call Transcript: Q1 2026
IoT footprint and ARR revenue grew year-over-year, while gross margin expanded to 39% and net loss narrowed sharply. SaaS revenue rose, hardware declined, and professional services surged. Positive adjusted EBITDA and strong cash position support a positive full-year outlook.