
Smartsheet (SMAR) Stock Forecast & Price Target
Smartsheet (SMAR) Analyst Ratings
Bulls say
Smartsheet's financial outlook is strengthened by a significant increase in subscription revenue, which rose 17.7% year-over-year, contributing to a total revenue increase of 16.7%, driven by enterprise strength. The company demonstrated substantial improvement in free cash flow, which surged by $50.5 million Year-over-Year, reaching $61.9 million and reflecting a robust margin of 21.6%. With expectations of durable revenue growth exceeding 30% for the next three years as Smartsheet approaches $1 billion in revenue, there are strong fundamentals supporting a positive outlook for the stock.
Bears say
Smartsheet has experienced a decline in net bookings, with a 19% year-over-year decrease in F4Q24 and F1Q25, followed by an 11% decline in F2Q25, indicating weakening demand for its subscription services. In addition, the company's gross margin fell short of expectations, compressing by 50 basis points year-over-year to 83.2%, resulting in a gross profit slightly below estimates. Furthermore, with the company trading at a discount to similar growth peers amidst declining revenue multiples, there are concerns that customer retention may suffer if Smartsheet loses competitive positioning or faces operational challenges.
This aggregate rating is based on analysts' research of Smartsheet and is not a guaranteed prediction by Public.com or investment advice.
Smartsheet (SMAR) Analyst Forecast & Price Prediction
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