Most-Downgraded StocksMost-DowngradedNYSE:SMAR Smartsheet (SMAR) Stock Price, News & Analysis → $25,000 into $109,616 in two months? (From WealthPress) (Ad) Free SMAR Stock Alerts $38.50 +0.10 (+0.26%) (As of 03/28/2024 ET) Add Compare Share Share Today's Range$38.23▼$38.9350-Day Range$37.49▼$47.9352-Week Range$35.52▼$52.81Volume1.22 million shsAverage Volume1.53 million shsMarket Capitalization$5.25 billionP/E RatioN/ADividend YieldN/APrice Target$49.75 Stock AnalysisStock AnalysisAnalyst ForecastsChartCompetitorsEarningsFinancialsHeadlinesInsider TradesOptions ChainOwnershipSEC FilingsShort InterestSocial MediaSustainabilityStock AnalysisAnalyst ForecastsChartCompetitorsEarningsFinancialsHeadlinesInsider TradesOptions ChainOwnershipSEC FilingsShort InterestSocial MediaSustainability Get Smartsheet alerts: Email Address Smartsheet MarketRank™ Stock AnalysisAnalyst RatingModerate Buy2.69 Rating ScoreUpside/Downside29.2% Upside$49.75 Price TargetShort InterestHealthy2.05% of Shares Sold ShortDividend StrengthN/ASustainability-0.46Upright™ Environmental ScoreNews Sentiment0.85Based on 12 Articles This WeekInsider TradingSelling Shares$1.21 M Sold Last QuarterProj. Earnings GrowthGrowingFrom ($0.43) to ($0.17) Per ShareSee Full Details Hide Full Details Overall MarketRank™New Rank-Based ScoringMarketRank™ is calculated by averaging available category scores (with extra weight given to analysis and valuation), then ranking the company's weighted average against that of other companies.4.93 out of 5 starsComputer And Technology Sector12th out of 589 stocksPrepackaged Software Industry4th out of 197 stocks 4.3 Analyst's Opinion Consensus RatingSmartsheet has received a consensus rating of Moderate Buy. The company's average rating score is 2.69, and is based on 12 buy ratings, 3 hold ratings, and 1 sell rating.Price Target Upside/DownsideAccording to analysts' consensus price target of $49.75, Smartsheet has a forecasted upside of 29.2% from its current price of $38.50.Amount of Analyst CoverageSmartsheet has been the subject of 15 research reports in the past 90 days, demonstrating strong analyst interest in this stock. Previous Next 5.0 Short Interest Percentage of Shares Shorted2.05% of the outstanding shares of Smartsheet have been sold short.Short Interest Ratio / Days to CoverSmartsheet has a short interest ratio ("days to cover") of 1.9, which is generally considered an acceptable ratio of short interest to trading volume.Change versus previous monthShort interest in Smartsheet has recently decreased by 8.22%, indicating that investor sentiment is improving significantly. Previous Next 0.0 Dividend Strength Dividend YieldSmartsheet does not currently pay a dividend.Dividend GrowthSmartsheet does not have a long track record of dividend growth. Previous Next 3.6 Sustainability and ESG Overall ESG (Environmental, Social, and Governance) ScoreSmartsheet has received a 44.00% net impact score from Upright. Smartsheet seems to create the most significant positive value in categories "Taxes", "Relationships", and "Jobs". The positive contribution in the "Relationships" impact category is false driven by its "Collaboration software" and "Enterprise resource management software" products. See details.Environmental SustainabilityThe Environmental Impact score for Smartsheet is -0.46. Previous Next 3.8 News and Social Media Coverage News SentimentSmartsheet has a news sentiment score of 0.85. This score is calculated as an average of sentiment of articles about the company over the last seven days and ranges from 2 (good news) to -2 (bad news). This is a higher news sentiment than the 0.60 average news sentiment score of Computer and Technology companies.News Coverage This WeekMarketBeat has tracked 12 news articles for Smartsheet this week, compared to 8 articles on an average week.Search Interest21 people have searched for SMAR on MarketBeat in the last 30 days. This is an increase of 110% compared to the previous 30 days.MarketBeat Follows8 people have added Smartsheet to their MarketBeat watchlist in the last 30 days. This is an increase of 167% compared to the previous 30 days. Previous Next 2.5 Company Ownership Insider Buying vs. Insider SellingIn the past three months, Smartsheet insiders have sold more of their company's stock than they have bought. Specifically, they have bought $0.00 in company stock and sold $1,206,422.00 in company stock.Percentage Held by InsidersOnly 4.71% of the stock of Smartsheet is held by insiders.Percentage Held by Institutions90.01% of the stock of Smartsheet is held by institutions. High institutional ownership can be a signal of strong market trust in this company. Previous Next 0.6 Earnings and Valuation Earnings GrowthEarnings for Smartsheet are expected to grow in the coming year, from ($0.43) to ($0.17) per share.Price to Earnings Ratio vs. the MarketThe P/E ratio of Smartsheet is -48.73, which means that its earnings are negative and its P/E ratio cannot be compared to companies with positive earnings.Price to Earnings Ratio vs. SectorThe P/E ratio of Smartsheet is -48.73, which means that its earnings are negative and its P/E ratio cannot be compared to companies with positive earnings.Price to Book Value per Share RatioSmartsheet has a P/B Ratio of 8.65. P/B Ratios above 3 indicate that a company could be overvalued with respect to its assets and liabilities. Previous Next See Top Rated MarketRank™ Stocks Here Ad Crypto 101 MediaCrypto Market Preps For Trillions Worth of Inflows! Bitcoin is rapidly approaching new ALL-TIME HIGHS… The market is buzzing after recent approval of spot Bitcoin exchange-traded funds (ETF). Top analysts predict these ETFs will attract trillions of dollars worth of inflows over the next few years… And as Bitcoin rallies, we could see other smaller coins rise to heights never seen before.Click to join the Crypto Community Summit Free Online Event About Smartsheet Stock (NYSE:SMAR)Smartsheet, Inc. engages in managing and automating collaborative work. Its platform provides solutions that eliminate the obstacles to capturing information, including a familiar and intuitive spreadsheet interface as well as easily customizable forms. The company was founded by W. Eric Browne, Maria Colacurcio, John D. Creason and Brent R. Frei in June 2005 and is headquartered in Bellevue, WA.Read More SMAR Stock Price History View Price History Chart DataSkip Price History Chart 30 days | 90 days | 365 days | Advanced Chart SMAR Stock News HeadlinesMarch 27, 2024 | insidertrades.comInsider Selling: Smartsheet Inc (NYSE:SMAR) CRO Sells 7,702 Shares of StockMarch 25, 2024 | marketbeat.com2 Earnings Dumpers Worth a Second LookEvery earnings season comes with its winners and losers. In most cases, an actual earnings beat doesn't matter as much as the forward guidance.March 29, 2024 | Crypto 101 Media (Ad)Altcoin FRENZY Alert…Bitcoin recently crossed the highest price in its 15-year history… Less than 2 years after one of the most vicious crypto market meltdowns we've ever seen! Bitcoin's BOOM also sent shockwaves through the altcoin market, with select coins seeing HUGE moves in a matter of days… Like Fetch.ai, that gained over 350% in just the last 30 days… March 25, 2024 | marketbeat.com2 Earnings Dumpers Worth a Second LookHere are two companies worth a second look despite giving weak guidance in their earnings reports that caused each stock's shares to topple.March 27, 2024 | americanbankingnews.comSmartsheet Inc (NYSE:SMAR) CRO Michael Arntz Sells 7,702 Shares of StockMarch 25, 2024 | bizjournals.comSmartsheet co-founder leaving company's boardMarch 23, 2024 | americanbankingnews.comKeyCorp Begins Coverage on Smartsheet (NYSE:SMAR)March 22, 2024 | finance.yahoo.comSmartsheet Names Katie Rooney to Board of DirectorsMarch 29, 2024 | Crypto Swap Profits (Ad)Claim Your Complimentary Bitcoin RewardMany have already secured their free Bitcoin reward offered by our esteemed guest. How about you? In an effort to spread the word about our upcoming workshop, he's generously offering $10 in Bitcoin (BTC) to participants. Absolutely no strings attached.March 22, 2024 | businesswire.comSmartsheet Names Katie Rooney to Board of DirectorsMarch 21, 2024 | americanbankingnews.comBrokers Issue Forecasts for Smartsheet Inc's FY2025 Earnings (NYSE:SMAR)March 20, 2024 | americanbankingnews.comSmartsheet Inc Forecasted to Earn Q1 2025 Earnings of ($0.12) Per Share (NYSE:SMAR)March 19, 2024 | seekingalpha.comSmartsheet Q4 Earnings: Turnaround Postponed [Downgrade]March 19, 2024 | americanbankingnews.comJPMorgan Chase & Co. Cuts Smartsheet (NYSE:SMAR) Price Target to $50.00March 19, 2024 | americanbankingnews.comSmartsheet (NYSE:SMAR) Price Target Lowered to $42.00 at BMO Capital MarketsMarch 19, 2024 | americanbankingnews.comSmartsheet (NYSE:SMAR) Price Target Cut to $45.00 by Analysts at Canaccord Genuity GroupMarch 19, 2024 | americanbankingnews.comUBS Group Lowers Smartsheet (NYSE:SMAR) Price Target to $54.00March 19, 2024 | americanbankingnews.comSmartsheet (NYSE:SMAR) PT Lowered to $50.00 at Jefferies Financial GroupMarch 19, 2024 | americanbankingnews.comSmartsheet (NYSE:SMAR) PT Lowered to $47.00 at Wells Fargo & CompanyMarch 19, 2024 | americanbankingnews.comSmartsheet (NYSE:SMAR) Given New $55.00 Price Target at OppenheimerMarch 19, 2024 | americanbankingnews.comKeyCorp Cuts Smartsheet (NYSE:SMAR) Price Target to $51.00March 19, 2024 | americanbankingnews.comSmartsheet (NYSE:SMAR) Given New $51.00 Price Target at Morgan StanleyMarch 19, 2024 | americanbankingnews.comRoyal Bank of Canada Trims Smartsheet (NYSE:SMAR) Target Price to $36.00March 19, 2024 | americanbankingnews.comDA Davidson Trims Smartsheet (NYSE:SMAR) Target Price to $55.00March 19, 2024 | americanbankingnews.comSmartsheet's (SMAR) Buy Rating Reiterated at Needham & Company LLCMarch 19, 2024 | americanbankingnews.comSmartsheet (NYSE:SMAR) Price Target Cut to $40.00March 18, 2024 | markets.businessinsider.com15 Analysts Have This To Say About SmartsheetSee More Headlines Receive SMAR Stock News and Ratings via Email Sign-up to receive the latest news and ratings for Smartsheet and its competitors with MarketBeat's FREE daily newsletter. Email Address Company Calendar Last Earnings3/14/2024Today3/28/2024Next Earnings (Estimated)6/05/2024Fiscal Year End1/31/2025Get Stock AlertsIndustry, Sector and Symbol Stock ExchangeNYSE SectorComputer and Technology Industry Prepackaged software Sub-IndustryN/A Current SymbolNYSE:SMAR CUSIPN/A CIK1366561 Webwww.smartsheet.com Phone844-324-2360FaxN/AEmployees3,330Year FoundedN/APrice Target and Rating Average Stock Price Target$49.75 High Stock Price Target$63.00 Low Stock Price Target$36.00 Potential Upside/Downside+29.2%Consensus RatingModerate Buy Rating Score (0-4)2.69 Research Coverage16 Analysts Profitability EPS (Most Recent Fiscal Year)($0.79) Trailing P/E RatioN/A Forward P/E RatioN/A P/E GrowthN/ANet Income$-104,630,000.00 Net Margins-10.92% Pretax Margin-10.03% Return on Equity-16.57% Return on Assets-7.60% Debt Debt-to-Equity RatioN/A Current Ratio1.34 Quick Ratio1.34 Sales & Book Value Annual Sales$958.34 million Price / Sales5.47 Cash FlowN/A Price / Cash FlowN/A Book Value$4.45 per share Price / Book8.65Miscellaneous Outstanding Shares136,260,000Free Float129,839,000Market Cap$5.25 billion OptionableOptionable Beta0.75 Ten Starter Stocks For Beginners to Buy NowJust getting into the stock market? These 10 simple stocks can help beginning investors build long-term wealth without knowing options, technicals, or other advanced strategies.Get This Free Report Key ExecutivesMark MaderChief Executive Officer & PresidentMike ArntzChief Revenue Officer & EVP of Worldwide Field OperationsJenny CeranChief Financial Officer & TreasurerGene FarrellChief Product OfficerPaul PorriniChief Legal Officer & General CounselKara HamiltonChief People & Culture OfficerPraerit GargChief Technology Officer & EVP of EngineeringMore ExecutivesKey CompetitorsVaronis SystemsNASDAQ:VRNSFreshworksNASDAQ:FRSHSquarespaceNYSE:SQSPTenableNASDAQ:TENBVertexNASDAQ:VERXView All CompetitorsInsiders & InstitutionsQuadrature Capital LtdSold 23,208 shares on 3/25/2024Ownership: 0.013%PNC Financial Services Group Inc.Bought 402 shares on 3/22/2024Ownership: 0.010%Michael ArntzSold 7,702 sharesTotal: $303,766.88 ($39.44/share)Vanguard Group Inc.Bought 276,117 shares on 3/11/2024Ownership: 9.969%Wellington Management Group LLPSold 5,720 shares on 3/5/2024Ownership: 0.010%View All Insider TransactionsView All Institutional Transactions SMAR Stock Analysis - Frequently Asked Questions Should I buy or sell Smartsheet stock right now? 16 Wall Street analysts have issued "buy," "hold," and "sell" ratings for Smartsheet in the last twelve months. There are currently 1 sell rating, 3 hold ratings and 12 buy ratings for the stock. The consensus among Wall Street analysts is that investors should "moderate buy" SMAR shares. View SMAR analyst ratings or view top-rated stocks. What is Smartsheet's stock price target for 2024? 16 analysts have issued 1 year target prices for Smartsheet's shares. Their SMAR share price targets range from $36.00 to $63.00. On average, they predict the company's stock price to reach $49.75 in the next twelve months. This suggests a possible upside of 29.2% from the stock's current price. View analysts price targets for SMAR or view top-rated stocks among Wall Street analysts. How have SMAR shares performed in 2024? Smartsheet's stock was trading at $47.82 on January 1st, 2024. Since then, SMAR shares have decreased by 19.5% and is now trading at $38.50. View the best growth stocks for 2024 here. When is Smartsheet's next earnings date? The company is scheduled to release its next quarterly earnings announcement on Wednesday, June 5th 2024. View our SMAR earnings forecast. How were Smartsheet's earnings last quarter? Smartsheet Inc (NYSE:SMAR) announced its quarterly earnings results on Thursday, March, 14th. The company reported ($0.05) earnings per share (EPS) for the quarter, beating analysts' consensus estimates of ($0.22) by $0.17. The company had revenue of $256.95 million for the quarter, compared to the consensus estimate of $254.99 million. Smartsheet had a negative trailing twelve-month return on equity of 16.57% and a negative net margin of 10.92%. What ETFs hold Smartsheet's stock? ETFs with the largest weight of Smartsheet (NYSE:SMAR) stock in their portfolio include Motley Fool Small-Cap Growth ETF (TMFS), MFAM Small-Cap Growth ETF (MFMS), Invesco Dynamic Software ETF (PSJ), Direxion Work From Home ETF (WFH), iShares Virtual Work and Life Multisector ETF (IWFH), WisdomTree Cloud Computing Fund (WCLD), ALPS O'Shares Global Internet Giants ETF (OGIG) and Amplify Global Cloud Technology ETF (IVES). What guidance has Smartsheet issued on next quarter's earnings? Smartsheet issued an update on its first quarter 2025 earnings guidance on Thursday, March, 14th. The company provided earnings per share guidance of 0.260-0.270 for the period, compared to the consensus earnings per share estimate of 0.200. The company issued revenue guidance of $257.0 million-$259.0 million, compared to the consensus revenue estimate of $263.6 million. What is Mark Mader's approval rating as Smartsheet's CEO? 182 employees have rated Smartsheet Chief Executive Officer Mark Mader on Glassdoor.com. Mark Mader has an approval rating of 90% among the company's employees. What other stocks do shareholders of Smartsheet own? Based on aggregate information from My MarketBeat watchlists, some companies that other Smartsheet investors own include NVIDIA (NVDA), DocuSign (DOCU), Twilio (TWLO), Alibaba Group (BABA), Okta (OKTA), Block (SQ), Shopify (SHOP), Trade Desk (TTD), Salesforce (CRM) and Tesla (TSLA). When did Smartsheet IPO? Smartsheet (SMAR) raised $128 million in an initial public offering on Friday, April 27th 2018. The company issued 11,600,000 shares at a price of $10.00-$12.00 per share. Morgan Stanley, J.P. Morgan, Jefferies and RBC Capital Markets acted as the underwriters for the IPO and Canaccord Genuity, William Blair and SunTrust Robinson Humphrey were co-managers. Who are Smartsheet's major shareholders? Smartsheet's stock is owned by a variety of institutional and retail investors. Top institutional investors include Vanguard Group Inc. (9.97%), Vanguard Group Inc. (9.97%), Capital World Investors (7.70%), Brown Capital Management LLC (4.63%), Dorsal Capital Management LP (2.37%) and Eminence Capital LP (2.33%). Insiders that own company stock include Alissa Jamese Abdullah, Andrew Lee Bennett, Anna Griffin, Brendan Walsh, Brent Frei, Elena Gomez, Eugene Farrell, Geoffrey T Barker, James N White, Jolene Lau Marshall, Joseph M Jr Manko, Magdalena Yesil, Mark Patrick Mader, Matthew S Mcilwain, Megan Hansen, Michael Arntz, Michael P Gregoire, Paul Porrini, Pete Godbole and Stephen Robert Branstetter. View institutional ownership trends. How do I buy shares of Smartsheet? Shares of SMAR stock can be purchased through any online brokerage account. Popular online brokerages with access to the U.S. stock market include Charles Schwab, E*TRADE, Fidelity, and Vanguard Brokerage Services. Compare Top Brokerages Here. This page (NYSE:SMAR) was last updated on 3/29/2024 by MarketBeat.com Staff From Our PartnersTrump’s “Tax Free” Retirement Strategy Gold Safe ExchangeDid You Get Your Free Bitcoin Yet?Crypto Swap ProfitsTop Project Outperforms BTC in 2023…Crypto 101 MediaMake This $3 Trade the Instant the Opening Bell RingsMonument Traders AllianceAI Cracks Open Largest Untapped Energy Reserve on EarthBanyan Hill PublishingThis AI Trade Machine Made 1,729%* (With 89% Wins)Prosper Trading Academy“The Stock Market’s Bull Run is Far from Over” -BarronsVertical Research AdvisoryAI healthcare stock poised for 36,996% growth?Behind the Markets Adding Choose a watchlist: Watchlist Adding You have already added five stocks to your watchlist. Upgrade to MarketBeat All Access to add more stocks to your watchlist. Adding Smartsheet Inc Please log in to your account or sign up in order to add this asset to your watchlist. 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