SmartRent, Inc.

NYSE:SMRT Stock Report

Market Cap: US$261.5m

SmartRent Future Growth

Future criteria checks 1/6

SmartRent is forecast to grow earnings and revenue by 118.8% and 13.5% per annum respectively while EPS is expected to grow by 117.3% per annum.

Key information

118.8%

Earnings growth rate

117.32%

EPS growth rate

Electronic earnings growth22.8%
Revenue growth rate13.5%
Future return on equityn/a
Analyst coverage

Low

Last updated11 Mar 2026

Recent future growth updates

Recent updates

SMRT: Share Buybacks And First Revenue Upswing Will Support Future Upside

Analysts have nudged their SmartRent price target higher to reflect a small shift in fair value to $2.00, a slightly higher discount rate of 8.47%, modestly adjusted profit margin expectations, and a marginally higher forward P/E assumption of about 29x. What's in the News SmartRent completed a share repurchase program announced on March 5, 2024, buying back 20,250,000 shares, or 10.22% of shares, for a total of $33.46m (Key Developments).

SMRT: Share Buybacks Will Support Future Upside As Losses Narrow

Analysts have modestly adjusted their SmartRent price target to $2.00 per share, reflecting updated views on fair value, discount rate, profit margin, and future P/E assumptions, while keeping revenue growth expectations steady. What's in the News SmartRent completed its share repurchase program announced on March 5, 2024, buying back a total of 20,250,000 shares, representing 10.22% of shares for $33.46 million (Key Developments).

SMRT: Share Buybacks And Improving Margins Will Support Future Upside

Analysts have adjusted the SmartRent price target from $1.85 to $2.00, linking this change to updated assumptions for revenue growth, profit margins, discount rate, and future P/E expectations. What's in the News SmartRent completed a share repurchase program covering 20,250,000 shares, representing 10.22% of the company, for a total of $33.46 million under the buyback announced on March 5, 2024 (Key Developments).

SMRT: Fair Value View Will Weigh Buybacks Against Ongoing Quarterly Losses

Analysts have raised their price target on SmartRent to $1.85 from $1.73, citing updated assumptions for revenue growth, profit margins and a higher future P/E multiple as key drivers of the revised outlook. What's in the News SmartRent completed a share repurchase program covering 20,250,000 shares, representing 10.22% of the company, for a total of $33.46 million under the buyback announced on March 5, 2024 (Key Developments).

SMRT: Fair Value View Will Balance Losses Against Returning Revenue Growth

Analysts have adjusted their SmartRent price target to $1.73, with the small change largely tied to updated modeling inputs, such as a slightly higher discount rate and a refined future P/E assumption around 170x. What's in the News SmartRent issued earnings guidance for the fourth quarter of 2025, setting expected revenue in a range of $36 million to $37 million.

SMRT: Fair Value View Will Weigh Future Upside Despite Returning Revenue Growth

Narrative Update on SmartRent The updated analyst price target for SmartRent has been nudged only slightly, with fair value held at $1.73 as analysts point to modest tweaks to their discount rate and future P/E assumptions rather than any shift in revenue growth or margin expectations. What's in the News SmartRent issued earnings guidance for the fourth quarter of 2025, targeting revenue between $36 million and $37 million.

SmartRent: Is The Market Ignoring The SaaS Transformation?

Feb 05

SMRT: Future Returns Will Likely Stay Muted As Buyback Progress Slows

Analysts kept their SmartRent fair value estimate broadly unchanged at about $1.73 per share, citing only minor tweaks to the discount rate, long term profit margin assumptions, and future P/E that did not materially shift their overall price target view. What's in the News On November 13, 2025, SmartRent's board approved and adopted amended and restated company bylaws, with the changes becoming effective immediately upon approval (Key Developments).

SMRT: Future Returns Will Likely Stay Muted As Outlook Remains Steady

Analysts kept their SmartRent fair value estimate steady at US$1.73, with only small tweaks to the discount rate, revenue growth outlook, profit margin assumptions, and future P/E inputs. This supports a largely unchanged price target narrative.

SMRT: Future Returns Will Likely Disappoint Despite Stable Long-Term Assumptions

Analysts have modestly raised their price target on SmartRent, citing slightly lower discount rate assumptions and reinforced confidence in the company’s long term earnings multiple. Together, these factors support a fair value estimate that now rounds to approximately 1.73 dollars per share.

SMRT: Future Returns Will Likely Disappoint Despite Stable Long-Term Assumptions

Analysts have modestly raised their price target on SmartRent to reflect a slightly higher discount rate, along with stable long term growth and margin assumptions, now valuing the shares at approximately 1.73 dollars per share. What's in the News The board approves and adopts amended and restated company bylaws, effective November 13, 2025 (company filing).

Optimistic Investors Push SmartRent, Inc. (NYSE:SMRT) Shares Up 26% But Growth Is Lacking

Nov 28
Optimistic Investors Push SmartRent, Inc. (NYSE:SMRT) Shares Up 26% But Growth Is Lacking

SMRT: Stable Outlook Will Reflect Consistent Metrics and Recent Bylaw Amendments

Analysts have maintained SmartRent's price target this period, citing stable projections across revenue growth, profit margin, and valuation metrics as support for their unchanged outlook of $1.73 per share. What's in the News On November 13, 2025, SmartRent's Board of Directors approved and adopted amended and restated bylaws.

SMRT: Revenue Momentum Is Expected To Support Bullish Price Outlook

Narrative Update: SmartRent Analyst Price Target Raised Analysts have increased their price target for SmartRent from $1.48 to $1.73. This change reflects optimism driven by improved projected revenue growth, even as expected profit margins are lower.

These Analysts Think SmartRent, Inc.'s (NYSE:SMRT) Sales Are Under Threat

Nov 07
These Analysts Think SmartRent, Inc.'s (NYSE:SMRT) Sales Are Under Threat

SmartRent (NYSE:SMRT) Is In A Good Position To Deliver On Growth Plans

Sep 18
SmartRent (NYSE:SMRT) Is In A Good Position To Deliver On Growth Plans

SaaS Transformation And AI Will Secure Future Resilience

Despite stronger expected revenue growth and an improved future P/E valuation, the analyst consensus price target for SmartRent has been revised down from $1.65 to $1.40. What's in the News Frank Martell appointed Chief Executive Officer, bringing 30+ years of executive leadership, expertise in digital innovation, and a strong track record in the real estate and financial sectors.

Little Excitement Around SmartRent, Inc.'s (NYSE:SMRT) Revenues As Shares Take 26% Pounding

Apr 05
Little Excitement Around SmartRent, Inc.'s (NYSE:SMRT) Revenues As Shares Take 26% Pounding
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SaaS Transition Will Transform Smart Property Technology Prospects

Transitioning to a SaaS-focused model is boosting revenue, margins, and operational efficiency, highlighting future growth potential in smart property technology.

SmartRent: Very Messy But Undervalued Nonetheless

Feb 13

SmartRent, Inc.'s (NYSE:SMRT) 27% Share Price Surge Not Quite Adding Up

Dec 13
SmartRent, Inc.'s (NYSE:SMRT) 27% Share Price Surge Not Quite Adding Up

Bearish: Analysts Just Cut Their SmartRent, Inc. (NYSE:SMRT) Revenue and EPS estimates

Nov 12
Bearish: Analysts Just Cut Their SmartRent, Inc. (NYSE:SMRT) Revenue and EPS estimates

SmartRent: Turnaround Play, Takeover Target, Or Just A Falling Knife?

Oct 04

SmartRent: An Activist Emerges

May 17

SmartRent: Downgrading To Hold Due To Uncertainties In FY24

Mar 25

SmartRent, Inc. (NYSE:SMRT) Analysts Are Cutting Their Estimates: Here's What You Need To Know

Mar 08
SmartRent, Inc. (NYSE:SMRT) Analysts Are Cutting Their Estimates: Here's What You Need To Know

SmartRent: Profitability On The Horizon

Feb 09

Earnings and Revenue Growth Forecasts

NYSE:SMRT - Analysts future estimates and past financials data (USD Millions)
DateRevenueEarningsFree Cash FlowCash from OpAvg. No. Analysts
12/31/2027198-221282
12/31/2026160-107132
12/31/2025152-61-30-22N/A
9/30/2025151-69-51-41N/A
6/30/2025156-72-54-43N/A
3/31/2025166-66-52-42N/A
12/31/2024175-34-41-33N/A
9/30/2024200-26-19-14N/A
6/30/2024217-2314N/A
3/31/2024222-29913N/A
12/31/2023237-3526N/A
9/30/2023217-53-40N/A
6/30/2023207-71-63-59N/A
3/31/2023196-86-65-59N/A
12/31/2022168-96-82-78N/A
9/30/2022162-101-112-108N/A
6/30/2022150-102-90-87N/A
3/31/2022129-86-93-91N/A
12/31/2021111-72-72-70N/A
9/30/202190-57-29-28N/A
6/30/202171-39-22-21N/A
3/31/202155-39-22-22N/A
12/31/202053-37-29-28N/A
12/31/201936-33-23-22N/A

Analyst Future Growth Forecasts

Earnings vs Savings Rate: SMRT is forecast to remain unprofitable over the next 3 years.

Earnings vs Market: SMRT is forecast to remain unprofitable over the next 3 years.

High Growth Earnings: SMRT is forecast to remain unprofitable over the next 3 years.

Revenue vs Market: SMRT's revenue (13.5% per year) is forecast to grow faster than the US market (11% per year).

High Growth Revenue: SMRT's revenue (13.5% per year) is forecast to grow slower than 20% per year.


Earnings per Share Growth Forecasts


Future Return on Equity

Future ROE: Insufficient data to determine if SMRT's Return on Equity is forecast to be high in 3 years time


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Company Analysis and Financial Data Status

DataLast Updated (UTC time)
Company Analysis2026/04/30 11:44
End of Day Share Price 2026/04/30 00:00
Earnings2025/12/31
Annual Earnings2025/12/31

Data Sources

The data used in our company analysis is from S&P Global Market Intelligence LLC. The following data is used in our analysis model to generate this report. Data is normalised which can introduce a delay from the source being available.

PackageDataTimeframeExample US Source *
Company Financials10 years
  • Income statement
  • Cash flow statement
  • Balance sheet
Analyst Consensus Estimates+3 years
  • Forecast financials
  • Analyst price targets
Market Prices30 years
  • Stock prices
  • Dividends, Splits and Actions
Ownership10 years
  • Top shareholders
  • Insider trading
Management10 years
  • Leadership team
  • Board of directors
Key Developments10 years
  • Company announcements

* Example for US securities, for non-US equivalent regulatory forms and sources are used.

Unless specified all financial data is based on a yearly period but updated quarterly. This is known as Trailing Twelve Month (TTM) or Last Twelve Month (LTM) Data. Learn more.

Analysis Model and Snowflake

Details of the analysis model used to generate this report is available on our Github page, we also have guides on how to use our reports and tutorials on Youtube.

Learn about the world class team who designed and built the Simply Wall St analysis model.

Industry and Sector Metrics

Our industry and section metrics are calculated every 6 hours by Simply Wall St, details of our process are available on Github.

Analyst Sources

SmartRent, Inc. is covered by 6 analysts. 2 of those analysts submitted the estimates of revenue or earnings used as inputs to our report. Analysts submissions are updated throughout the day.

AnalystInstitution
Barry OxfordColliers Securities
Thomas WhiteD.A. Davidson & Co.
Shek HoDeutsche Bank