Smartsheet Inc. (SMAR)
NYSE: SMAR · Real-Time Price · USD
55.92
-0.03 (-0.04%)
Nov 21, 2024, 1:09 PM EST - Market open
Smartsheet Stock Forecast
Stock Price Forecast
The 19 analysts with 12-month price forecasts for Smartsheet stock have an average target of 55.37, with a low estimate of 45 and a high estimate of 63. The average target predicts a decrease of -0.97% from the current stock price of 55.92.
Analyst Consensus: Hold
Analyst Ratings
The average analyst rating for Smartsheet stock from 23 stock analysts is "Hold". This means that analysts believe this stock is likely to perform similarly to the overall market.
Recommendation Trends
| Rating | Jun '24 | Jul '24 | Aug '24 | Sep '24 | Oct '24 | Nov '24 |
|---|---|---|---|---|---|---|
| Strong Buy | 7 | 7 | 7 | 3 | 3 | 2 |
| Buy | 7 | 7 | 7 | 4 | 4 | 4 |
| Hold | 4 | 4 | 4 | 15 | 15 | 16 |
| Sell | 1 | 1 | 1 | 1 | 1 | 1 |
| Strong Sell | 0 | 0 | 0 | 0 | 0 | 0 |
| Total | 19 | 19 | 19 | 23 | 23 | 23 |
Latest Forecasts
| Analyst | Firm | Rating | Rating | Action | Price Target | Upside | Date |
|---|---|---|---|---|---|---|---|
| Guggenheim | Guggenheim | Strong Buy → Hold Downgrades n/a | Strong Buy → Hold | Downgrades | n/a | n/a | Nov 11, 2024 |
| RBC Capital | RBC Capital | Hold Reiterates $57 | Hold | Reiterates | $57 | +1.05% | Oct 24, 2024 |
| Citigroup | Citigroup | Strong Buy → Hold Downgrades $63 → $57 | Strong Buy → Hold | Downgrades | $63 → $57 | +1.05% | Sep 27, 2024 |
| UBS | UBS | Strong Buy → Hold Downgrades $61 → $57 | Strong Buy → Hold | Downgrades | $61 → $57 | +1.05% | Sep 26, 2024 |
| Wolfe Research | Wolfe Research | Buy → Hold Downgrades n/a | Buy → Hold | Downgrades | n/a | n/a | Sep 25, 2024 |
Financial Forecast
Revenue This Year
1.14B
from 958.34M
Increased by 19.16%
Revenue Next Year
1.32B
from 1.14B
Increased by 15.24%
EPS This Year
1.41
from -0.78
EPS Next Year
1.61
from 1.41
Increased by 13.87%
Revenue Forecast
| Revenue | 2024 | 2025 | 2026 | 2027 | 2028 |
|---|---|---|---|---|---|
| High | 1.2B | 1.5B | 1.7B | ||
| Avg | 1.1B | 1.3B | 1.5B | ||
| Low | 1.1B | 1.2B | 1.4B |
Revenue Growth
| Revenue Growth | 2024 | 2025 | 2026 | 2027 | 2028 |
|---|---|---|---|---|---|
| High | 23.9% | 29.2% | 32.1% | ||
| Avg | 19.2% | 15.2% | 17.2% | ||
| Low | 14.3% | 9.0% | 6.8% |
EPS Forecast
| EPS | 2024 | 2025 | 2026 | 2027 | 2028 |
|---|---|---|---|---|---|
| High | 1.48 | 1.77 | 2.12 | ||
| Avg | 1.41 | 1.61 | 1.92 | ||
| Low | 1.31 | 1.39 | 1.67 |
EPS Growth
| EPS Growth | 2024 | 2025 | 2026 | 2027 | 2028 |
|---|---|---|---|---|---|
| High | - | 25.8% | 32.0% | ||
| Avg | - | 13.9% | 19.3% | ||
| Low | - | -1.4% | 3.7% |
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.