SmartRent, Inc. (SMRT)
NYSE: SMRT · Real-Time Price · USD
1.610
+0.040 (2.55%)
Nov 22, 2024, 4:00 PM EST - Market closed
SmartRent Stock Forecast
Stock Price Forecast
The 3 analysts with 12-month price forecasts for SmartRent stock have an average target of 2.00, which predicts an increase of 24.22% from the current stock price of 1.61.
Analyst Consensus: Hold
* Price targets were last updated on Aug 9, 2024.
Analyst Ratings
The average analyst rating for SmartRent stock from 4 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 | 2 | 1 | 0 | 0 | 0 | 0 |
| Buy | 2 | 2 | 0 | 0 | 0 | 0 |
| Hold | 1 | 2 | 5 | 5 | 5 | 4 |
| Sell | 0 | 0 | 0 | 0 | 0 | 0 |
| Strong Sell | 0 | 0 | 0 | 0 | 0 | 0 |
| Total | 5 | 5 | 5 | 5 | 5 | 4 |
Latest Forecasts
| Analyst | Firm | Rating | Rating | Action | Price Target | Upside | Date |
|---|---|---|---|---|---|---|---|
| Keefe, Bruyette & Woods | Keefe, Bruyette & Woods | Buy → Hold Downgrades $3.5 → $2 | Buy → Hold | Downgrades | $3.5 → $2 | +24.22% | Aug 9, 2024 |
| Cantor Fitzgerald | Cantor Fitzgerald | Buy → Hold Downgrades $4 → $2 | Buy → Hold | Downgrades | $4 → $2 | +24.22% | Aug 8, 2024 |
| BTIG | BTIG | Strong Buy → Hold Downgrades n/a | Strong Buy → Hold | Downgrades | n/a | n/a | Aug 2, 2024 |
| DA Davidson | DA Davidson | Strong Buy → Hold Downgrades $3.25 → $2 | Strong Buy → Hold | Downgrades | $3.25 → $2 | +24.22% | Jul 31, 2024 |
| BTIG | BTIG | Strong Buy Maintains $4.3 → $4 | Strong Buy | Maintains | $4.3 → $4 | +148.45% | Jun 3, 2024 |
Financial Forecast
Revenue This Year
175.95M
from 236.84M
Decreased by -25.71%
Revenue Next Year
199.00M
from 175.95M
Increased by 13.10%
EPS This Year
-0.10
from -0.17
EPS Next Year
-0.05
from -0.10
Revenue Forecast
| Revenue | 2024 | 2025 | 2026 | 2027 | 2028 |
|---|---|---|---|---|---|
| High | 181.1M | 250.9M | 277.7M | ||
| Avg | 176.0M | 199.0M | 269.8M | ||
| Low | 169.1M | 147.5M | 259.2M |
Revenue Growth
| Revenue Growth | 2024 | 2025 | 2026 | 2027 | 2028 |
|---|---|---|---|---|---|
| High | -23.5% | 42.6% | 39.6% | ||
| Avg | -25.7% | 13.1% | 35.6% | ||
| Low | -28.6% | -16.2% | 30.3% |
EPS Forecast
| EPS | 2024 | 2025 | 2026 |
|---|---|---|---|
| High | -0.07 | 0.03 | 0.07 |
| Avg | -0.10 | -0.05 | 0.07 |
| Low | -0.15 | -0.17 | 0.07 |
EPS Growth
| EPS Growth | 2024 | 2025 | 2026 |
|---|---|---|---|
| High | - | - | - |
| Avg | - | - | - |
| Low | - | - | - |
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.