Smartsheet Stock Forecast

Stock Price Forecast

The 18 analysts with 12-month price forecasts for Smartsheet stock have an average target of 55.28, with a low estimate of 45 and a high estimate of 63. The average target predicts a decrease of -1.30% from the current stock price of 56.01.

Analyst Consensus: Hold

Target	Low	Average	Median	High
Price	$45	$55.28	$56.5	$63
Change	-19.66%	-1.30%	+0.87%	+12.48%

* Price targets were last updated on Oct 24, 2024.

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	Jul '24	Aug '24	Sep '24	Oct '24	Nov '24	Dec '24
Strong Buy	7	7	3	3	2	2
Buy	7	7	4	4	4	4
Hold	4	4	15	15	16	16
Sell	1	1	1	1	1	1
Strong Sell	0	0	0	0	0	0
Total	19	19	23	23	23	23

Latest Forecasts

Analyst	Firm	Rating	Rating	Action	Price Target	Upside	Date
Scott Berg Needham	Needham	Hold Reiterates n/a	Hold	Reiterates	n/a	n/a	Dec 6, 2024
John Difucci Guggenheim	Guggenheim	Strong Buy → Hold Downgrades n/a	Strong Buy → Hold	Downgrades	n/a	n/a	Nov 11, 2024
Rishi Jaluria RBC Capital	RBC Capital	Hold Reiterates $57	Hold	Reiterates	$57	+0.87%	Oct 24, 2024
Steven Enders Citigroup	Citigroup	Strong Buy → Hold Downgrades $63 → $57	Strong Buy → Hold	Downgrades	$63 → $57	+0.87%	Sep 27, 2024
Taylor McGinnis UBS	UBS	Strong Buy → Hold Downgrades $61 → $57	Strong Buy → Hold	Downgrades	$61 → $57	+0.87%	Sep 26, 2024

More Analyst Ratings

Financial Forecast

Revenue This Year

1.14B

from 958.34M

19.27%

from 958.34M

Revenue Next Year

1.32B

from 1.14B

15.05%

from 1.14B

EPS This Year

1.45

from -0.78

EPS Next Year

1.63

from 1.45

11.90%

from 1.45

Fiscal Year	FY 2020	FY 2021	FY 2022	FY 2023	FY 2024	FY 2025	FY 2026	FY 2027
Period Ending	Jan 31, 2020	Jan 31, 2021	Jan 31, 2022	Jan 31, 2023	Jan 31, 2024	Jan 31, 2025	Jan 31, 2026	Jan 31, 2027
Revenue	270.88M	385.51M	550.83M	766.92M	958.34M	1.14B	1.32B	1.53B
Revenue Growth	52.42%	42.32%	42.88%	39.23%	24.96%	19.27%	15.05%	16.50%
EPS	-0.85	-0.95	-1.36	-1.66	-0.78	1.45	1.63	1.98
EPS Growth	-	-	-	-	-	-	11.90%	21.41%
Forward PE	-	-	-	-	-	38.51	34.42	28.35
No. Analysts	-	-	-	-	-	22	22	11

Historical EPS numbers are GAAP, while forecasted numbers may be non-GAAP.

Revenue Forecast

Revenue	2025	2026	2027
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	2025	2026	2027
High	23.9%	27.8%	29.6%
Avg	19.3%	15.0%	16.5%
Low	14.3%	8.9%	6.8%

EPS Forecast

EPS	2025	2026	2027
High	1.68	1.87	2.26
Avg	1.45	1.63	1.98
Low	1.31	1.39	1.67

EPS Growth

EPS Growth	2025	2026	2027
High	-	28.5%	38.7%
Avg	-	11.9%	21.4%
Low	-	-4.3%	2.4%

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.