Smartsheet Inc. (SMAR)

NYSE: SMAR · Real-Time Price · USD
55.50
-0.03 (-0.05%)
Oct 7, 2024, 4:00 PM EDT - Market closed
-0.05%
Market Cap 7.72B
Revenue (ttm) 1.04B
Net Income (ttm) -42.40M
Shares Out 139.15M
EPS (ttm) -0.32
PE Ratio n/a
Forward PE 40.07
Dividend n/a
Ex-Dividend Date n/a
Volume 2,219,565
Open 55.55
Previous Close 55.53
Day's Range 55.45 - 55.57
52-Week Range 35.52 - 55.60
Beta 0.75
Analysts Hold
Price Target 55.70 (+0.36%)
Earnings Date Nov 5, 2024

About SMAR

Smartsheet Inc. provides enterprise platform to plan, capture, manage, automate, and report on work for teams and organizations. The company offers Smartsheet, which includes Dashboards, Cardview, Grid, Reports, Projects, Calendar, Forms, Automations, and Integrations; WorkApps enables customers to build user-friendly apps; Smartsheet Advance; Smartsheet Safeguard; Connectors provides embedded integrations with industry-leading systems of record; Control Center enables organizations to achieve consistent work execution; and Dynamic View enables... [Read more]

Sector Technology
IPO Date Apr 27, 2018
Employees 3,330
Stock Exchange NYSE
Ticker Symbol SMAR
Full Company Profile

Financial Performance

In 2023, Smartsheet's revenue was $958.34 million, an increase of 24.96% compared to the previous year's $766.92 million. Losses were -$104.63 million, -51.48% less than in 2022.

Financial Statements

Analyst Forecast

According to 23 analysts, the average rating for SMAR stock is "Hold." The 12-month stock price forecast is $55.7, which is an increase of 0.36% from the latest price.

Price Target
$55.7
(0.36% upside)
Analyst Consensus: Hold
Stock Forecasts

News

SMARTSHEET INVESTOR ALERT by the Former Attorney General of Louisiana: Kahn Swick & Foti, LLC Investigates Adequacy of Price and Process in Proposed Sale of Smartsheet Inc. - SMAR

NEW ORLEANS--(BUSINESS WIRE)--Former Attorney General of Louisiana Charles C. Foti, Jr., Esq. and the law firm of Kahn Swick & Foti, LLC (“KSF”) are investigating the proposed sale of Smartsheet Inc. ...

11 days ago - Business Wire

SMAR Merger News: Johnson Fistel Investigates Smartsheet and its Directors and Management Following Sale

SAN DIEGO, Sept. 25, 2024 (GLOBE NEWSWIRE) -- Johnson Fistel, LLP , a leading stockholder rights law firm, announced that it is investigating claims on behalf Smartsheet (NYSE:SMAR) shareholders conce...

12 days ago - GlobeNewsWire

Smartsheet acquisition: Competing bids unlikely; $8.4B deal could fuel other private equity buyouts

Smartsheet is allowed to solicit other potential acquirers after announcing a $8.

12 days ago - GeekWire

Vista, Blackstone buying software maker Smartsheet for about $8.4 billion

Blackstone and Vista Equity Partners are acquiring software maker Smartsheet for $8.4 billion in cash, or $56.50 per share; the deal is expected to close in Smartsheet's fiscal fourth quarter.

Other symbols: BX
12 days ago - Fox Business

Smartsheet Stock Jumps On News of $8.4B Sale to Vista, Blackstone

Smartsheet (SMAR) shares jumped Tuesday after the work management platform said it agreed to be purchased by asset manager Blackstone (BX) and investment firm Vista Equity Partners for $8.4 billion in...

13 days ago - Investopedia

Blackstone and Vista Reach Smartsheet Deal

Blackstone and Vista Equity Partners have agreed to acquire software provider Smartsheet Inc. for about $8.4 billion in one of the year's largest take-private deals. Ryan Gould reports.

Other symbols: BX
13 days ago - Bloomberg Markets and Finance

Vista and Blackstone to acquire software maker Smartsheet in $8.4 billion deal

In a major move, private equity firms Vista Equity Partners and Blackstone are set to acquire Smartsheet, a cloud-based software company, for approximately $8.4 billion in an all-cash transaction. Und...

13 days ago - Invezz

This NYC Hedge Fund Will Reap A $90 Million Profit In The $8.4 Billion Smartsheet Deal

Smartsheet, an enterprise work management software platform, announced Tuesday that it will be acquired by Blackstone and Vista Equity Partners in an all-cash deal worth $8.4 billion. Shareholders wil...

13 days ago - Forbes

Smartsheet's stock rallies on $8.4 billion purchase by Blackstone and Vista

Smartsheet Inc.'s stock rallied 6% Tuesday after the workplace-management software company agreed to be taken private by Blackstone Inc. and Vista Equity Partners for $8.4 billion, or $56.50 per share...

Other symbols: BX
13 days ago - Market Watch

Smartsheet to Be Bought in $8.4 Billion Deal. The Stock Is Rising.

The work management platform announces it will be acquired by funds managed by Blackstone and Visa Equity Partners.

13 days ago - Barrons

Smartsheet plans to go private in $8.4 billion deal with Vista Equity Partners and Blackstone

Smartsheet announced Tuesday that it agreed to be acquired by private equity companies Blackstone and Vista Equity Partners in deal valued at $8.

Other symbols: BX
13 days ago - GeekWire

Vista Equity Partners and Blackstone offer to buy Smartsheet for $8.4B in cash

Vista Equity Partners and Blackstone have agreed to acquire Smartsheet, the software-as-a-service (SaaS) workplace collaboration and management platform, for $8.4 billion in cash.

Other symbols: BX
13 days ago - TechCrunch

PE firms Vista, Blackstone to buy software maker Smartsheet for $8.4 bln

Private equity firms Vista Equity Partners and Blackstone will buy collaboration-software maker Smartsheet for $8.4 billion, the companies said on Tuesday.

Other symbols: BX
13 days ago - Reuters

Blackstone and Vista Equity Partners to acquire software maker Smartsheet for $8.4 billion

Blackstone and Vista Equity Partners to acquire software maker Smartsheet for $8.4 billion

Other symbols: BX
13 days ago - CNBC

Smartsheet to be Acquired by Blackstone and Vista Equity Partners for $8.4 Billion

BELLEVUE, Wash.--(BUSINESS WIRE)---- $SMAR--Smartsheet to be Acquired by Blackstone and Vista Equity Partners for $8.4 Billion.

13 days ago - Business Wire

Smartsheet Is a Smart Buy for Traders and Investors: Here's Why

Smartsheet SMAR is a smart buy because of its growth, operational quality, cash flow, and capital return. That's why private equity firms are in talks to buy it; they see deep value in the business an...

14 days ago - Benzinga

Smartsheet COO Stephen Branstetter resigns amid reported acquisition talks

Stephen Branstetter, the chief operating officer at Smartsheet who joined the company in 2013, resigned on Wednesday, according to a new regulatory filing.

18 days ago - GeekWire

Turnberry Solutions announces partnership with Smartsheet

PHILADELPHIA--(BUSINESS WIRE)-- #focusforward--Turnberry Solutions, a leader in business, digital, and talent transformation services, announces it is a Smartsheet Solution Partner. This collaboration...

19 days ago - Business Wire

Exclusive: Vista, Blackstone nearing $8-billion deal to buy Smartsheet, sources say

Buyout firms Vista Equity Partners and Blackstone are in advanced talks to acquire Smartsheet , in a deal that could value the collaboration-software maker at close to $8 billion, people familiar with...

Other symbols: BX
21 days ago - Reuters

Smartsheet: Upside Still Attractive With Valuation Support From Takeover News

Smartsheet maintains a strong competitive position with potential for >20% growth, despite some recent performance weaknesses and macroeconomic pressures on SMB customers. Positive growth indicators i...

26 days ago - Seeking Alpha

Smartsheet Earnings: A Smart Bet For Investors (Upgrade)

Smartsheet's fiscal Q2 2025 earnings were well-received, showcasing stable mid-teens growth and a strong balance sheet with 10% of its market cap in cash. The company's valuation at 23x next year's no...

4 weeks ago - Seeking Alpha

Smartsheet Analysts Increase Their Forecasts After Upbeat Earnings

Smartsheet Inc. SMAR posted better-than-expected second-quarter financial results and raised its FY25 EPS outlook on Thursday.

4 weeks ago - Benzinga

Smartsheet Inc. (SMAR) Q2 2025 Earnings Call Transcript

Smartsheet Inc. (NYSE:SMAR) Q2 2025 Results Conference Call September 5, 2024 4:30 PM ET Company Participants Aaron Turner - Head, Investor Relations Mark Mader - Chief Executive Officer Pete Godbole...

4 weeks ago - Seeking Alpha

Smartsheet Inc. Announces Second Quarter Fiscal Year 2025 Results

BELLEVUE, Wash.--(BUSINESS WIRE)---- $SMAR #earnings--Smartsheet Inc. Announces Second Quarter Fiscal Year 2025 Results.

4 weeks ago - Business Wire

Report: Smartsheet in talks to be acquired by private equity firms including Vista and Blackstone

Seattle-area enterprise software giant Smartsheet is in acquisition talks with a group of private equity firms including Vista Equity Partners and Blackstone, according to a report Thursday from Reute...

4 weeks ago - GeekWire