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
Target Low Average Median High
Price $3.20 $4.23 $4.50 $5.00
Change +19.40% +57.84% +67.91% +86.57%
* 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 '23Nov '23Dec '23Jan '24Feb '24Mar '24
Strong Buy 111221
Buy 222222
Hold 111111
Sell 000000
Strong Sell 000000
Total 444554

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
More Analyst Ratings

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%
Year 201920202021202220232024202520262027
Revenue
36.23M52.53M110.64M167.82M236.84M295.04M368.62M476.65M561.71M
Revenue Growth
-44.99%110.60%51.69%41.13%24.57%24.94%29.31%17.85%
EPS
-36.344.32-0.96-0.49-0.170.010.10--
EPS Growth
------1,339.28%--
No. Analysts -----8733
Historical EPS numbers are GAAP, while forecasted numbers may be non-GAAP.

Revenue Forecast

Revenue 2024202520262027
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 2024202520262027
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 20242025
High 0.04 0.16
Avg 0.01 0.10
Low -0.02 0.07

EPS Growth

EPS Growth 20242025
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.