$1.66
1.84% yesterday
NYSE, Dec 30, 10:10 pm CET
ISIN
US8583751081
Symbol
SMRT

SmartRent Inc - Ordinary Shares - Class A Target price 2024 - Analyst rating & recommendation

SmartRent Inc - Ordinary Shares - Class A Classifications & Recommendation:

Hold
100%

SmartRent Inc - Ordinary Shares - Class A Price Target

Target Price $2.28
Price $1.66
Potential
Number of Estimates 4
4 Analysts have issued a price target SmartRent Inc - Ordinary Shares - Class A 2025 . The average SmartRent Inc - Ordinary Shares - Class A target price is $2.28. This is higher than the current stock price. The highest price target is , the lowest is .
A rating was issued by 5 analysts: 0 Analysts recommend SmartRent Inc - Ordinary Shares - Class A to buy, 5 to hold and 0 to sell.
Analysts don't have a crystal ball either, but they do represent the opinion of the market quite well. You should not take the price potential and the ratings as a recommendation to act. Rather, they serve as an additional building block for your own opinion or stock analysis.
Analyst Estimates: Analysts believe that the SmartRent Inc - Ordinary Shares - Class A stock has an average upside potential 2025 of . Most analysts recommend the SmartRent Inc - Ordinary Shares - Class A stock at Hold.

Sales and Margin forecast 2024, 2025 & 2026

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Quarter Annually
Dec '23 2024
Estimates
Revenue Million $ 236.84 178.59
41.13% 24.59%
EBITDA Margin -14.69% -3.97%
73.54% 72.98%
Net Margin -13.85% -15.13%
75.42% 9.23%

4 Analysts have issued a sales forecast SmartRent Inc - Ordinary Shares - Class A 2024 . The average SmartRent Inc - Ordinary Shares - Class A sales estimate is

$179m
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. This is
10.60% lower
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than the revenue of the last 12 months(TTM). The highest sales forecast is
$183m 8.64%
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, the lowest is
$175m 12.18%
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.

This results in the following potential growth metrics:

Revenue Estimates

2023 $237m 41.13%
2024
$179m 24.59%
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2025
$183m 2.61%
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2026
$265m 44.33%
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4 Analysts have issued an SmartRent Inc - Ordinary Shares - Class A EBITDA forecast 2024. The average SmartRent Inc - Ordinary Shares - Class A EBITDA estimate is

$-7.1m
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. This is
59.28% higher
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than the EBITDA of the last 12 months(TTM). The highest EBITDA forecast is
$-4.7m 73.03%
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, the lowest is
$-9.9m 43.22%
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.

This results in the following potential growth metrics and future EBITDA Margins:

EBITDA Estimates

2023 $-34.8m 62.66%
2024
$-7.1m 79.61%
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2025
$-7.3m 2.18%
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2026
$19.3m 366.13%
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EBITDA Margin

2023 -14.69% 73.54%
2024
-3.97% 72.98%
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2025
-3.96% 0.25%
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2026
7.30% 284.34%
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4 SmartRent Inc - Ordinary Shares - Class A Analysts have issued a net profit forecast 2024. The average SmartRent Inc - Ordinary Shares - Class A net profit estimate is

$-27.0m
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. This is
7.71% lower
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than the net profit for the last 12 months(TTM). The highest net profit forecast is
$-23.2m 7.68%
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, the lowest is
$-29.0m 15.40%
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.

This results in the following potential growth metrics and future Net Margins:

Net Profit Estimates

2023 $-32.8m 65.31%
2024
$-27.0m 17.63%
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2025
$-17.4m 35.71%
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2026
$5.8m 133.33%
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Net Margin

2023 -13.85% 75.42%
2024
-15.13% 9.23%
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2025
-9.48% 37.34%
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2026
2.19% 123.10%
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Earnings per share, P/E ratio and EV/sales Estimates 2024, 2025 & 2026

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Quarter Annually
Dec '23 2024
Estimates
Earnings Per Share $ -0.17 -0.14
65.31% 17.65%
P/E negative
EV/Sales 0.88

4 Analysts have issued a SmartRent Inc - Ordinary Shares - Class A forecast for earnings per share. The average SmartRent Inc - Ordinary Shares - Class A <a href=https://blog.stocksguide.com/knowledge/eps-simply-explained>EPS is

$-0.14
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. This is
7.69% lower
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than earnings per share in the financial year 2023. The highest <a href=https://blog.stocksguide.com/knowledge/eps-simply-explained>EPS forecast is
$-0.12 7.69%
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, the lowest is
$-0.15 15.38%
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.

This results in the following potential growth metrics and future valuations:

Earnings Per Share

2023 $-0.17 65.31%
2024
$-0.14 17.65%
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2025
$-0.09 35.71%
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2026
$0.03 133.33%
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P/E ratio

Current -12.85 3.30%
2024
-11.64 9.42%
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2025
-18.11 55.58%
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2026
54.33 400.00%
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Based on analysts' sales estimates for 2024, the SmartRent Inc - Ordinary Shares - Class A stock is valued at an <a href=https://blog.stocksguide.com/knowledge/enterprise-value-sales-simply-explained>EV/Sales of

and an <a href=https://blog.stocksguide.com/knowledge/price-sales-ratio-simply-explained>P/S ratio of .

This results in the following potential growth metrics and future valuations:

EV/Sales

Current 0.79 62.56%
2024
0.88 11.67%
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2025
0.86 2.55%
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2026
0.60 30.71%
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P/S ratio

Current 1.57 48.95%
2024
1.76 11.86%
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2025
1.71 2.55%
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2026
1.19 30.72%
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