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Smartsheet Inc. (SMAR)
NYSE: SMAR · IEX Real-Time Price · USD
44.11
-0.39 (-0.88%)
At close: Jul 2, 2024, 4:00 PM
43.92
-0.19 (-0.43%)
After-hours: Jul 2, 2024, 7:47 PM EDT

Smartsheet Stock Forecast

Stock Price Forecast

The 18 analysts with 12-month price forecasts for Smartsheet stock have an average target of 51.11, with a low estimate of 43 and a high estimate of 57. The average target predicts an increase of 15.87% from the current stock price of 44.11.

Analyst Consensus: Buy
Target Low Average Median High
Price $43 $51.11 $52 $57
Change -2.52% +15.87% +17.89% +29.22%

Analyst Ratings

The average analyst rating for Smartsheet stock from 19 stock analysts is "Buy". This means that analysts believe this stock is likely to outperform the market over the next twelve months.

Recommendation Trends

Rating Jan '24Feb '24Mar '24Apr '24May '24Jun '24
Strong Buy 557777
Buy 668887
Hold 445554
Sell 011111
Strong Sell 000000
Total 151621212119

Latest Forecasts

Analyst Firm Rating Rating Action Price Target Upside Date
John Difucci
Guggenheim
 Guggenheim
Strong Buy
Reiterates
$56
 Strong Buy Reiterates $56 +26.96% Jun 25, 2024
Michael Turrin
Wells Fargo
 Wells Fargo
Buy
Maintains
$47 → $50
 Buy Maintains $47 → $50 +13.35% Jun 6, 2024
Taylor McGinnis
UBS
 UBS
Strong Buy
Maintains
$54 → $56
 Strong Buy Maintains $54 → $56 +26.96% Jun 6, 2024
Ryan Macwilliams
Barclays
 Barclays
Hold
Maintains
$40 → $45
 Hold Maintains $40 → $45 +2.02% Jun 6, 2024
Keith Bachman
BMO Capital
 BMO Capital
Buy
Maintains
$42 → $48
 Buy Maintains $42 → $48 +8.82% Jun 6, 2024
More Analyst Ratings

Financial Forecast

Revenue This Year
1.14B
from 958.34M
Increased by 19.16%
Revenue Next Year
1.32B
from 1.14B
Increased by 15.85%
EPS This Year
1.28
from -0.78
EPS Next Year
1.58
from 1.28
Increased by 23.52%
Year 2019202020212022202320242025202620272028
Revenue
270.88M385.51M550.83M766.92M958.34M1.14B1.32B1.55B1.84B2.12B
Revenue Growth
52.42%42.32%42.88%39.23%24.96%19.16%15.85%16.86%19.28%15.13%
EPS
-0.85-0.95-1.36-1.66-0.781.281.581.982.382.70
EPS Growth
------23.52%25.45%20.09%13.28%
Forward PE
-----34.4627.9022.2418.5216.35
No. Analysts -----23231044
Historical EPS numbers are GAAP, while forecasted numbers may be non-GAAP.

Revenue Forecast

Revenue 20242025202620272028
High 1.2B 1.5B 1.8B 2.0B 2.3B
Avg 1.1B 1.3B 1.5B 1.8B 2.1B
Low 1.1B 1.2B 1.4B 1.6B 1.8B

Revenue Growth

Revenue Growth 20242025202620272028
High
23.5%
29.2%
32.5%
30.7%
25.6%
Avg
19.2%
15.8%
16.9%
19.3%
15.1%
Low
14.3%
8.9%
6.2%
4.9%
0.3%

EPS Forecast

EPS 20242025202620272028
High 1.35 1.76 2.35 2.65 2.88
Avg 1.28 1.58 1.98 2.38 2.70
Low 1.21 1.38 1.65 2.11 2.50

EPS Growth

EPS Growth 20242025202620272028
High -
37.8%
48.5%
33.4%
20.8%
Avg -
23.5%
25.4%
20.1%
13.3%
Low -
8.0%
4.1%
6.2%
4.9%
Sources: Price targets and analyst ratings provided by Benzinga. Revenue and EPS forecast data provided by Finnhub. The data is sourced from Wall Street analysts. Data disclaimer.