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Smartsheet (SMAR) Stock Forecast & Price Target

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$56.01 +0.01 (+0.02%)
(As of 12/20/2024 05:31 PM ET)

Smartsheet - Analysts' Recommendations and Stock Price Forecast (2025)

MarketBeat calculates consensus analyst ratings for stocks using the most recent rating from each Wall Street analyst that has rated a stock within the last twelve months. Each analyst's rating is normalized to a standardized rating score of 1 (sell), 2 (hold), 3 (buy) or 4 (strong buy). Analyst consensus ratings scores are calculated using the mean average of the number of normalized sell, hold, buy and strong buy ratings from Wall Street analysts. Each stock's consensus analyst rating is derived from its calculated consensus ratings score (0 to .5 = Strong Sell, .5 to 1 = Sell, 1 to 1.5 = Reduce, 1.5 to 2.5 = Hold, 2.5 to 3.0 = Moderate Buy, 3.0 to 3.5 = Buy, >3.5 = Strong Buy). MarketBeat's consensus price targets are a mean average of the most recent available price targets set by each analyst that has set a price target for the stock in the last twelve months. MarketBeat's consensus ratings and consensus price targets may differ from those calculated by other firms due to differences in methodology and available data.

Consensus Rating

Sell
1
Hold
17
Buy
2

Based on 20 Wall Street analysts who have issued ratings for Smartsheet in the last 12 months, the stock has a consensus rating of "Hold." Out of the 20 analysts, 1 has given a sell rating, 17 have given a hold rating, and 2 have given a buy rating for SMAR.

Consensus Price Target

$55.82
-0.33% Downside
According to the 20 analysts' twelve-month price targets for Smartsheet, the average price target is $55.82. The highest price target for SMAR is $62.00, while the lowest price target for SMAR is $45.00. The average price target represents a forecasted downside of -0.33% from the current price of $56.01.
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SMAR Analyst Ratings Over Time

TypeCurrent Forecast
12/23/23 to 12/22/24
1 Month Ago
11/23/23 to 11/22/24
3 Months Ago
9/24/23 to 9/23/24
1 Year Ago
12/23/22 to 12/23/23
Strong Buy
0 Strong Buy rating(s)
0 Strong Buy rating(s)
0 Strong Buy rating(s)
0 Strong Buy rating(s)
Buy
2 Buy rating(s)
2 Buy rating(s)
13 Buy rating(s)
11 Buy rating(s)
Hold
17 Hold rating(s)
17 Hold rating(s)
3 Hold rating(s)
4 Hold rating(s)
Sell
1 Sell rating(s)
1 Sell rating(s)
1 Sell rating(s)
0 Sell rating(s)
Consensus Price Target$55.82$55.82$55.06$53.13
Forecasted Upside-0.33% Downside-0.60% Downside5.72% Upside11.48% Upside
Consensus Rating
Hold
Hold
Moderate Buy
Moderate Buy

SMAR Analyst Recommendations By Month

The chart below shows how a company's ratings by analysts have changed over time. Each bar represents the previous year of ratings for that month. Within each bar, the sell ratings are shown in red, the hold ratings are shown in yellow, the buy ratings are shown in green, and the strong buy ratings are shown in dark green.
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SMAR Price Targets by Month

The chart below shows how a company's share price and consensus price target have changed over time. The dark blue line represents the company's actual price. The lighter blue line represents the stock's consensus price target. The even lighter blue range in the background of the two lines represents the low price target and the high price target for each stock.
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Smartsheet Stock vs. The Competition

TypeSmartsheetComputer and Technology CompaniesS&P 500
Consensus Rating Score
2.05
2.69
2.51
Consensus RatingHoldModerate BuyModerate Buy
Predicted Upside-0.33% Downside265.03% Upside14.52% Upside
News Sentiment Rating
Positive News

See Recent SMAR News
Positive News
Positive News
DateBrokerageAnalyst NameActionRatingPrice TargetUpside/Downside on Report DateDetails
12/6/2024Needham & Company LLC
2 of 5 stars
S. Berg
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Reiterated RatingHold ➝ Hold
11/11/2024Guggenheim
2 of 5 stars
J. Difucci
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DowngradeBuy ➝ Neutral
10/24/2024Royal Bank of Canada
4 of 5 stars
 Reiterated RatingSector Perform ➝ Sector Perform$56.50 ➝ $56.50+0.04%
9/27/2024Citigroup
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S. Enders
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Reiterated RatingBuy ➝ Neutral$63.00 ➝ $56.50+2.08%
9/26/2024UBS Group
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T. Mcginnis. Jr
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Reiterated RatingBuy ➝ Neutral$61.00 ➝ $56.50+2.02%
9/25/2024Canaccord Genuity Group
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D. Hynes
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DowngradeStrong-Buy ➝ Hold
9/25/2024Wolfe Research
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A. Zukin
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Reiterated RatingOutperform ➝ Peer Perform
9/25/2024Barclays
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 Boost TargetEqual Weight ➝ Equal Weight$50.00 ➝ $56.50+1.86%
9/25/2024Truist Financial
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T. Tillman
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Reiterated RatingBuy ➝ Hold$60.00 ➝ $56.50+1.88%
9/25/2024BMO Capital Markets
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 Reiterated RatingOutperform ➝ Market Perform$59.00 ➝ $56.50+1.88%
9/25/2024William Blair
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J. Roberge
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Reiterated RatingOutperform ➝ Market Perform
9/24/2024DA Davidson
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G. Luria
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Reiterated RatingBuy ➝ Neutral$55.00 ➝ $56.50+1.88%
9/24/2024Wells Fargo & Company
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M. Turrin
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Reiterated RatingOverweight ➝ Equal Weight$57.00+2.78%
9/24/2024Jefferies Financial Group
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 Reiterated RatingBuy ➝ Hold$60.00 ➝ $56.50+1.88%
9/24/2024JPMorgan Chase & Co.
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 Reiterated RatingOverweight ➝ Neutral$60.00 ➝ $56.50+1.88%
9/6/2024Morgan Stanley
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 Boost TargetOverweight ➝ Overweight$55.00 ➝ $57.00+7.69%
3/21/2024KeyCorp
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 Initiated CoverageSector Weight
3/15/2024Oppenheimer
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 Lower TargetOutperform ➝ Outperform$60.00 ➝ $55.00+42.30%
2/26/2024Bank of America
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 Initiated CoverageUnderperform$45.00+7.04%
6/12/2023888
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 Reiterated RatingMaintains
3/15/2023Credit Suisse Group
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 Reiterated RatingNeutral$40.00+4.38%

Analyst ratings data on MarketBeat is provided by Benzinga and other data providers. This page was last refreshed on Sunday at 01:03 AM ET.


SMAR Forecast - Frequently Asked Questions

According to the research reports of 20 Wall Street equities research analysts, the average twelve-month stock price forecast for Smartsheet is $55.82, with a high forecast of $62.00 and a low forecast of $45.00.

20 Wall Street equities research analysts have issued "buy," "hold," and "sell" ratings for Smartsheet in the last twelve months. There is currently 1 sell rating, 17 hold ratings and 2 buy ratings for the stock. The consensus among Wall Street equities research analysts is that investors should "hold" SMAR shares. A hold rating indicates that analysts believe investors should maintain any existing positions they have in SMAR, but not buy additional shares or sell existing shares.

According to analysts, Smartsheet's stock has a predicted downside of -0.33% based on their 12-month stock forecasts.

Over the previous 90 days, Smartsheet's stock had 3 downgrades by analysts.

Analysts like Smartsheet less than other "computer and technology" companies. The consensus rating for Smartsheet is Hold while the average consensus rating for "computer and technology" companies is Moderate Buy. Learn more on how SMAR compares to other companies.


This page (NYSE:SMAR) was last updated on 12/22/2024 by MarketBeat.com Staff
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