Smartsheet (SMAR)
(Delayed Data from NYSE)
$49.35 USD
+2.01 (4.25%)
Updated Sep 5, 2024 04:00 PM ET
After-Market: $51.25 +1.90 (3.85%) 7:58 PM ET
1-Strong Buy of 5 1
D Value A Growth A Momentum B VGM
Smartsheet (SMAR) Price Targets
Average Price Target | Highest Price Target | Lowest Price Target | Upside to Average Price Target |
---|---|---|---|
$52.47 | $63.00 | $42.00 | 10.84% |
Price Target
Based on short-term price targets offered by 15 analysts, the average price target for Smartsheet comes to $52.47. The forecasts range from a low of $42.00 to a high of $63.00. The average price target represents an increase of 10.84% from the last closing price of $47.34.
Analyst Price Targets (15)
Broker Rating
Smartsheet currently has an average brokerage recommendation (ABR) of 1.59 on a scale of 1 to 5 (Strong Buy to Strong Sell), calculated based on the actual recommendations (Buy, Hold, Sell etc.) made by 17 brokerage firms. The current ABR compares to an ABR of 1.56 a month ago based on 18 recommendations.
Of the 17 recommendations deriving the current ABR, 12 are Strong Buy and one is Buy. Strong Buy and Buy respectively account for 70.59% and 5.88% of all recommendations. A month ago, Strong Buy made up 72.22%, while Buy represented 5.56%.
Broker Rating Breakdown
Brokerage Recommendations
Today | 1 Week Ago | 1 Month Ago | 2 Months Ago | 3 Months Ago | |
---|---|---|---|---|---|
Strong Buy | 12 | 13 | 13 | 13 | 13 |
Buy | 1 | 1 | 1 | 1 | 1 |
Hold | 3 | 3 | 3 | 3 | 3 |
Sell | 1 | 1 | 1 | 1 | 1 |
Strong Sell | 0 | 0 | 0 | 0 | 0 |
ABR | 1.59 | 1.56 | 1.56 | 1.56 | 1.56 |
1. Not Ident. Many of the brokerage firms who provide Zacks data ask that we keep their identity confidential.
2. In most cases the # of brokers listed above is less than the # of brokerage firms that have a recommendation on the stock. That is because some firms prohibit Zacks from displaying detailed information on their recommendations such as in the upgrade/downgrade table.
Analyst Upgrades/Downgrades
Date | Brokerage Firm | Analyst | Previous | Current |
---|---|---|---|---|
8/29/2024 | UBS | Taylor Mcginnis Jr | Strong Buy | Strong Buy |
8/9/2024 | Not Identified | Not Identified | Strong Buy | Strong Buy |
6/25/2024 | Guggenheim Securities | John S Difucci | Strong Buy | Strong Buy |
6/5/2024 | Truist Securities | Terry F Tillman | Strong Buy | Strong Buy |
3/21/2024 | KeyBanc Capital Markets | Jackson E Ader | Hold | Hold |
3/18/2024 | Canaccord Genuity | David E Hynes | Strong Buy | Strong Buy |
3/15/2024 | D.A. Davidson | Gil Luria | Strong Buy | Strong Buy |
3/15/2024 | Not Identified | Not Identified | Hold | Hold |
3/15/2024 | William Blair | Jacob Roberge | Strong Buy | Strong Buy |
3/15/2024 | Needham & Company | Scott Berg | Moderate Buy | Moderate Buy |
3/15/2024 | Not Identified | Not Identified | Hold | Hold |
3/11/2024 | BMO Capital Markets | Keith Bachman | Strong Buy | Strong Buy |
3/8/2024 | Wells Fargo Securities | Michael J Turrin | Strong Buy | Strong Buy |
1/11/2024 | Not Identified | Not Identified | Hold | Strong Buy |
1. Not Ident. Many of the brokerage firms who provide Zacks data ask that we keep their identity confidential.
2. In most cases the # of brokers listed above is less than the # of brokerage firms that have a recommendation on the stock. That is because some firms prohibit Zacks from displaying detailed information on their recommendations such as in the upgrade/downgrade table.
Average Brokerage Rating
Current ABR | 1.59 |
ABR (Last week) | 1.56 |
# of Recs in ABR | 17 |
Average Target Price | $52.47 |
LT Growth Rate | 33.90% |
Industry | Internet - Software |
Industry Rank by ABR | 91 of 253 |
Current Quarter EPS Est: | 0.29 |
SMAR FAQs
Smartsheet (SMAR) currently has an average brokerage recommendation (ABR) of 1.59 on a scale of 1 to 5 (Strong Buy to Strong Sell), calculated based on the actual recommendations (Buy, Hold, Sell etc.) made by 17 brokerage firms.
The average price target for Smartsheet (SMAR) is $52.47. The current on short-term price targets is based on 7 reports.
The forecasts for Smartsheet (SMAR) range from a low of $42 to a high of $63. The average price target represents a increase of $6.32 from the last closing price of $49.35.
The current UPSIDE for Smartsheet (SMAR) is 6.32%
Based on short-term price targets offered by 15 analysts, the average price target for Smartsheet comes to $52.47. The forecasts range from a low of $42.00 to a high of $63.00. The average price target represents an increase of 10.84% from the last closing price of $47.34.