SmartRent, Inc. (SMRT)
NYSE: SMRT · IEX Real-Time Price · USD
2.680
-0.040 (-1.47%)
At close: Mar 28, 2024, 4:00 PM
2.840
+0.160 (5.97%)
After-hours: Mar 28, 2024, 7:17 PM EDT
SmartRent Stock Forecast
Stock Price Forecast
The 3 analysts with 12-month price forecasts for SmartRent stock have an average target of 4.23, with a low estimate of 3.20 and a high estimate of 5.00. The average target predicts an increase of 57.84% from the current stock price of 2.68.
Analyst Consensus: Buy
* Price targets were last updated on Jan 19, 2024.
Analyst Ratings
The average analyst rating for SmartRent stock from 4 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 | Oct '23 | Nov '23 | Dec '23 | Jan '24 | Feb '24 | Mar '24 |
---|---|---|---|---|---|---|
Strong Buy | 1 | 1 | 1 | 2 | 2 | 1 |
Buy | 2 | 2 | 2 | 2 | 2 | 2 |
Hold | 1 | 1 | 1 | 1 | 1 | 1 |
Sell | 0 | 0 | 0 | 0 | 0 | 0 |
Strong Sell | 0 | 0 | 0 | 0 | 0 | 0 |
Total | 4 | 4 | 4 | 5 | 5 | 4 |
Latest Forecasts
Analyst | Firm | Rating | Rating | Action | Price Target | Upside | Date |
---|---|---|---|---|---|---|---|
Keefe, Bruyette & Woods | Keefe, Bruyette & Woods | Buy Maintains n/a | Buy | Maintains | n/a | n/a | Mar 6, 2024 |
BTIG | BTIG | Strong Buy Initiates $4.5 | Strong Buy | Initiates | $4.5 | +67.91% | Jan 19, 2024 |
Morgan Stanley | Morgan Stanley | Hold Maintains $3.4 → $3.2 | Hold | Maintains | $3.4 → $3.2 | +19.40% | Nov 8, 2023 |
Cantor Fitzgerald | Cantor Fitzgerald | Buy Maintains $7 → $5 | Buy | Maintains | $7 → $5 | +86.57% | Oct 23, 2023 |
Morgan Stanley | Morgan Stanley | Hold Maintains $3.3 → $3.4 | Hold | Maintains | $3.3 → $3.4 | +26.87% | Aug 9, 2023 |
Financial Forecast
Revenue This Year
295.04M
from 236.84M
Increased by 24.57%
Revenue Next Year
368.62M
from 295.04M
Increased by 24.94%
EPS This Year
0.01
from -0.17
EPS Next Year
0.10
from 0.01
Increased by 1,339.28%
Revenue Forecast
Revenue | 2024 | 2025 | 2026 | 2027 |
---|---|---|---|---|
High | 341.0M | 433.2M | 490.7M | 578.2M |
Avg | 295.0M | 368.6M | 476.7M | 561.7M |
Low | 266.7M | 323.2M | 458.0M | 539.7M |
Revenue Growth
Revenue Growth | 2024 | 2025 | 2026 | 2027 |
---|---|---|---|---|
High | 44.0% | 46.8% | 33.1% | 21.3% |
Avg | 24.6% | 24.9% | 29.3% | 17.8% |
Low | 12.6% | 9.5% | 24.2% | 13.2% |
EPS Forecast
EPS | 2024 | 2025 |
---|---|---|
High | 0.04 | 0.16 |
Avg | 0.01 | 0.10 |
Low | -0.02 | 0.07 |
EPS Growth
EPS Growth | 2024 | 2025 |
---|---|---|
High | - | 2,215.0% |
Avg | - | 1,339.3% |
Low | - | 908.3% |
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.