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Smartsheet - SMAR Stock Price Target and Predictions

  • Consensus Rating: Moderate Buy
  • Consensus Price Target: $49.75
  • Forecasted Upside: 35.12%
  • Number of Analysts: 16
  • Breakdown:
  • 1 Sell Ratings
  • 3 Hold Ratings
  • 12 Buy Ratings
  • 0 Strong Buy Ratings
$36.82 As of 04/19/2024 01:00 AM ET
▼ -0.6 (-1.60%)

This chart shows the closing price for SMAR by one month, three months, or twelve months.

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Analyst Price Target for SMAR

Analyst Price Target is $49.75
▲ +35.12% Upside Potential
This price target is based on 16 analysts offering 12 month price targets for Smartsheet in the last 3 months. The average price target is $49.75, with a high forecast of $63.00 and a low forecast of $36.00. The average price target represents a 35.12% upside from the last price of $36.82.

This chart shows the closing price for SMAR for the last year in relation to the current analyst high, average, and low pricetarget.

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Current Consensus is Moderate Buy

The current consensus among 16 investment analysts is to moderate buy stock in Smartsheet. This Moderate Buy consensus rating has held steady for over two years.

Past Monthly Recommendations

Move your mouse over past months for details

Read Past Recommendations DescriptionSkip Past Price Target Consensus Chart
  • 0 strong buy ratings
  • 12 buy ratings
  • 3 hold ratings
  • 1 sell ratings
Ratings as of
10/27/2022
  • 0 strong buy ratings
  • 12 buy ratings
  • 3 hold ratings
  • 1 sell ratings
Ratings as of
1/25/2023
  • 0 strong buy ratings
  • 12 buy ratings
  • 3 hold ratings
  • 1 sell ratings
Ratings as of
4/25/2023
  • 0 strong buy ratings
  • 12 buy ratings
  • 3 hold ratings
  • 1 sell ratings
Ratings as of
7/24/2023
  • 0 strong buy ratings
  • 12 buy ratings
  • 3 hold ratings
  • 1 sell ratings
Ratings as of
10/22/2023
  • 0 strong buy ratings
  • 12 buy ratings
  • 3 hold ratings
  • 1 sell ratings
Ratings as of
1/20/2024
  • 0 strong buy ratings
  • 12 buy ratings
  • 3 hold ratings
  • 1 sell ratings
Ratings as of
3/20/2024
  • 0 strong buy ratings
  • 12 buy ratings
  • 3 hold ratings
  • 1 sell ratings
Ratings as of
4/19/2024

Latest Recommendations

  • 0 strong buy ratings
  • 12 buy ratings
  • 3 hold ratings
  • 1 sell ratings

Display Ratings By
DateBrokerageActionRatingPrice TargetImpact on Share PriceDetails
3/21/2024KeyCorpInitiated CoverageSector WeightLow
3/18/2024Canaccord Genuity GroupLower TargetBuy ➝ Buy$55.00 ➝ $45.00Low
3/18/2024BMO Capital MarketsLower TargetOutperform ➝ Outperform$48.00 ➝ $42.00Low
3/15/2024KeyCorpLower TargetOverweight ➝ Overweight$53.00 ➝ $51.00Low
3/15/2024BarclaysLower TargetEqual Weight ➝ Equal Weight$50.00 ➝ $40.00N/A
3/15/2024Needham & Company LLCReiterated RatingBuy ➝ Buy$57.00N/A
3/15/2024Jefferies Financial GroupLower TargetBuy ➝ Buy$57.00 ➝ $50.00N/A
3/15/2024Wells Fargo & CompanyLower TargetOverweight ➝ Overweight$55.00 ➝ $47.00N/A
3/15/2024OppenheimerLower TargetOutperform ➝ Outperform$60.00 ➝ $55.00N/A
3/15/2024UBS GroupLower TargetBuy ➝ Buy$60.00 ➝ $54.00N/A
3/15/2024DA DavidsonLower TargetBuy ➝ Buy$65.00 ➝ $55.00Low
3/15/2024JPMorgan Chase & Co.Lower TargetOverweight ➝ Overweight$54.00 ➝ $50.00Low
3/15/2024Royal Bank of CanadaLower TargetSector Perform ➝ Sector Perform$48.00 ➝ $36.00Low
3/15/2024Morgan StanleyLower TargetOverweight ➝ Overweight$56.00 ➝ $51.00Low
3/11/2024BMO Capital MarketsLower TargetOutperform$52.00 ➝ $48.00Low
2/26/2024Bank of AmericaInitiated CoverageUnderperform$45.00Low
1/11/2024CitigroupUpgradeNeutral ➝ Buy$56.00 ➝ $63.00Low
12/8/2023Canaccord Genuity GroupBoost TargetBuy ➝ Buy$53.00 ➝ $55.00Low
12/8/2023Truist FinancialBoost TargetBuy ➝ Buy$50.00 ➝ $55.00Low
12/8/2023BMO Capital MarketsBoost TargetOutperform ➝ Outperform$50.00 ➝ $52.00Low
12/8/2023KeyCorpBoost TargetOverweight ➝ Overweight$52.00 ➝ $53.00Low
12/6/2023DA DavidsonReiterated RatingBuyLow
10/12/2023UBS GroupInitiated CoverageBuy$60.00Low
10/3/2023Morgan StanleyReiterated RatingOverweight ➝ Overweight$56.00Low
9/22/2023Truist FinancialReiterated RatingBuy ➝ Buy$50.00Low
9/21/2023Royal Bank of CanadaReiterated RatingSector Perform ➝ Sector Perform$43.00Low
9/20/2023Needham & Company LLCReiterated RatingBuy ➝ Buy$57.00Low
9/8/2023Canaccord Genuity GroupBoost TargetBuy ➝ Buy$50.00 ➝ $53.00Low
9/8/2023Needham & Company LLCReiterated RatingBuy ➝ Buy$57.00Low
9/8/2023Morgan StanleyBoost TargetOverweight ➝ Overweight$55.00 ➝ $56.00Low
9/8/2023BMO Capital MarketsBoost TargetOutperform ➝ Outperform$44.00 ➝ $50.00Low
9/8/2023CitigroupBoost TargetNeutral ➝ Neutral$49.00 ➝ $52.00Low
9/8/2023BarclaysBoost TargetEqual Weight ➝ Equal Weight$45.00 ➝ $50.00Low
9/5/2023Wells Fargo & CompanyLower TargetOverweight ➝ Overweight$60.00 ➝ $55.00Low
6/12/2023888Reiterated RatingMaintainsLow
6/12/2023BMO Capital MarketsLower Target$50.00 ➝ $44.00Low
6/8/2023Morgan StanleyLower Target$56.00 ➝ $55.00Low
6/8/2023CitigroupLower Target$50.00 ➝ $49.00Low
3/24/2023GuggenheimBoost TargetBuy$54.00 ➝ $57.00Low
3/15/2023Wells Fargo & CompanyBoost TargetOverweight$45.00 ➝ $50.00Low
3/15/2023GuggenheimBoost TargetBuy$48.00 ➝ $54.00Low
3/15/2023Credit Suisse GroupReiterated RatingNeutral$40.00Low
3/15/2023Royal Bank of CanadaBoost TargetSector Perform$36.00 ➝ $43.00Low
3/15/2023DA DavidsonBoost Target$54.00 ➝ $57.00Low
3/15/2023Needham & Company LLCReiterated RatingBuy$57.00Low
3/15/2023KeyCorpBoost TargetOverweight$48.00 ➝ $53.00Low
3/15/2023BMO Capital MarketsBoost Target$41.00 ➝ $50.00Low
3/15/2023OppenheimerBoost TargetOutperform$50.00 ➝ $55.00Low
3/1/2023KeyCorpBoost TargetOverweight$46.00 ➝ $48.00Low
12/15/2022BarclaysInitiated CoverageEqual Weight$45.00Low
12/2/2022Moffett NathansonLower Target$45.00Low
12/2/2022CitigroupBoost Target$37.00Low
12/2/2022DA DavidsonBoost Target$40.00 ➝ $45.00Low
12/2/2022Royal Bank of CanadaBoost Target$32.00 ➝ $36.00Low
12/2/2022BMO Capital MarketsBoost Target$38.00 ➝ $41.00Low
12/2/2022Morgan StanleyBoost TargetOverweight$54.00 ➝ $56.00Low
10/13/2022KeyCorpInitiated CoverageOverweight$46.00Low
10/3/2022Morgan StanleyLower TargetOverweight$62.00 ➝ $54.00Low
9/23/2022William BlairReiterated RatingOutperformLow
9/23/2022Credit Suisse GroupInitiated CoverageNeutral$40.00Low
9/22/2022Moffett NathansonInitiated CoverageBuy ➝ Outperform$50.00Low
9/2/2022Canaccord Genuity GroupLower TargetBuy$60.00 ➝ $45.00Low
9/2/2022DA DavidsonLower TargetBuy$50.00 ➝ $45.00Low
9/2/2022Truist FinancialLower TargetBuy$65.00 ➝ $50.00Low
9/2/2022Morgan StanleyLower TargetOverweight$68.00 ➝ $62.00Low
9/2/2022BMO Capital MarketsLower TargetOutperform$43.00 ➝ $38.00Low
9/2/2022Jefferies Financial GroupLower Target$50.00 ➝ $40.00Low
9/1/2022CitigroupLower TargetNeutral$47.00 ➝ $40.00Low
8/12/2022GuggenheimInitiated CoverageBuy$48.00Low
6/8/2022Morgan StanleyLower TargetOverweight$75.00 ➝ $68.00Medium
6/8/2022Royal Bank of CanadaBoost Target$34.00 ➝ $38.00Medium
6/8/2022BMO Capital MarketsLower Target$50.00 ➝ $43.00Medium
6/8/2022OppenheimerLower TargetOutperform$80.00 ➝ $65.00Medium
6/8/2022JPMorgan Chase & Co.Lower Target$80.00 ➝ $58.00Low
6/7/2022Wells Fargo & CompanyLower TargetOverweight$55.00 ➝ $50.00Low
5/23/2022Jefferies Financial GroupLower Target$75.00 ➝ $50.00Low
5/18/2022Wells Fargo & CompanyLower TargetOverweight$70.00 ➝ $55.00High
3/16/2022Canaccord Genuity GroupLower TargetBuy$80.00 ➝ $60.00High
3/16/2022KeyCorpLower TargetOverweight$100.00 ➝ $58.00High
3/16/2022Needham & Company LLCLower TargetBuy$100.00 ➝ $57.00High
3/16/2022Truist FinancialLower TargetBuy$100.00 ➝ $65.00High
3/16/2022Royal Bank of CanadaLower TargetSector Perform$63.00 ➝ $40.00High
3/16/2022OppenheimerLower TargetOutperform$95.00 ➝ $80.00High
3/16/2022CitigroupLower TargetNeutral$60.00 ➝ $47.00High
3/15/2022Wells Fargo & CompanyLower TargetOverweight$95.00 ➝ $70.00High
3/14/2022BMO Capital MarketsLower TargetOutperform$83.00 ➝ $55.00High
2/24/2022Morgan StanleyLower TargetOverweight$105.00 ➝ $75.00High
1/10/2022Royal Bank of CanadaLower TargetSector Perform$73.00 ➝ $63.00High
1/6/2022Wells Fargo & CompanyUpgradeEqual Weight ➝ Overweight$75.00 ➝ $95.00High
1/5/2022DA DavidsonInitiated CoverageBuy$100.00High
12/13/2021Morgan StanleyBoost TargetOverweight$98.00 ➝ $105.00Medium
12/3/2021Wells Fargo & CompanyLower TargetEqual Weight$84.00 ➝ $74.00High
12/3/2021BMO Capital MarketsLower TargetOutperform$90.00 ➝ $88.00High
12/3/2021CitigroupBoost TargetNeutral$72.00 ➝ $80.00High
12/3/2021KeyCorpBoost TargetOverweight$94.00 ➝ $100.00High
11/23/2021CitigroupLower TargetNeutral$85.00 ➝ $72.00High
9/9/2021Morgan StanleyBoost TargetOverweight$90.00 ➝ $98.00High
9/8/2021BMO Capital MarketsBoost TargetOutperform$78.00 ➝ $90.00High
9/8/2021Truist FinancialBoost TargetBuy$85.00 ➝ $100.00High
9/8/2021Wells Fargo & CompanyBoost TargetEqual Weight$70.00 ➝ $84.00High
9/8/2021Royal Bank of CanadaBoost TargetHold ➝ Sector Perform$65.00 ➝ $80.00High
9/8/2021Needham & Company LLCBoost TargetPositive ➝ Buy$80.00 ➝ $100.00High
9/8/2021KeyCorpBoost TargetOverweight$86.00 ➝ $94.00High
9/8/2021William BlairReiterated RatingBuyHigh
9/8/2021OppenheimerBoost TargetOutperform$85.00 ➝ $95.00High
9/8/2021CitigroupBoost TargetNeutral$77.00 ➝ $85.00High
8/31/2021KeyCorpBoost TargetOverweight$84.00 ➝ $86.00Low
8/19/2021Jefferies Financial GroupUpgradeHold ➝ Buy$65.00 ➝ $85.00High
6/11/2021Royal Bank of CanadaDowngradeOutperform ➝ Sector Perform$80.00 ➝ $65.00Medium
6/3/2021Jefferies Financial GroupBoost TargetHold$60.00 ➝ $65.00Medium
6/3/2021Wells Fargo & CompanyLower TargetEqual Weight$72.00 ➝ $70.00High
5/18/2021Jefferies Financial GroupLower TargetPositive ➝ Hold$70.00 ➝ $60.00Medium
5/5/2021DA DavidsonReiterated RatingNeutralMedium
4/28/2021Wolfe ResearchInitiated CoverageOutperform$75.00N/A
4/22/2021Wolfe ResearchInitiated CoverageOutperform$75.00Low
3/23/2021JPMorgan Chase & Co.UpgradeNeutral ➝ Overweight$83.00Low
3/17/2021CitigroupBoost Target$65.00 ➝ $76.00High
3/17/2021BMO Capital MarketsLower TargetOutperform$86.00 ➝ $83.00Medium
3/17/2021KeyCorpBoost TargetOverweight$82.00 ➝ $84.00High
3/17/2021JPMorgan Chase & Co.UpgradeNeutral ➝ Overweight$65.00 ➝ $83.00High
1/4/2021OppenheimerBoost TargetBuy$75.00 ➝ $85.00N/A
12/8/2020BMO Capital MarketsBoost TargetOutperform$62.00 ➝ $77.00High
12/8/2020Royal Bank of CanadaBoost TargetOutperform$65.00 ➝ $80.00High
12/8/2020Morgan StanleyBoost TargetOverweight$63.00 ➝ $90.00High
12/8/2020DA DavidsonBoost TargetNeutral$50.00 ➝ $74.00High
12/8/2020Needham & Company LLCBoost TargetBuy$67.00 ➝ $80.00High
12/8/2020KeyCorpBoost TargetOverweight$64.00 ➝ $82.00High
12/8/2020OppenheimerReiterated RatingBuy$65.00 ➝ $75.00High
9/3/2020Truist FinancialBoost Target$50.00 ➝ $68.00Medium
9/3/2020Royal Bank of CanadaBoost TargetOutperform$52.00 ➝ $65.00Low
9/3/2020JPMorgan Chase & Co.Boost TargetNeutral$48.00 ➝ $53.00Medium
9/3/2020Wells Fargo & CompanyBoost TargetEqual Weight$50.00 ➝ $55.00High
9/3/2020BMO Capital MarketsBoost TargetPositive ➝ Outperform$51.00 ➝ $62.00High
9/3/2020Morgan StanleyBoost TargetOverweight$58.00 ➝ $63.00High
9/3/2020OppenheimerBoost TargetOutperform$56.00 ➝ $65.00High
9/3/2020Jefferies Financial GroupBoost TargetHold$50.00 ➝ $55.00High
9/3/2020KeyCorpBoost TargetOverweight$60.00 ➝ $64.00High
8/24/2020OppenheimerReiterated RatingBuy$56.00Low
7/27/2020KeyCorpInitiated CoverageOverweight$60.00High
7/8/2020DA DavidsonBoost TargetNeutral$45.00 ➝ $50.00High
6/25/2020Needham & Company LLCInitiated CoverageBuy$67.00High
6/23/2020Morgan StanleyBoost TargetOverweight$53.00 ➝ $58.00Low
6/23/2020Wells Fargo & CompanyInitiated CoverageEqual Weight$50.00Low
6/4/2020Jefferies Financial GroupLower Target$55.00 ➝ $50.00High
6/4/2020DA DavidsonBoost TargetNeutral$37.00 ➝ $45.00High
6/4/2020Morgan StanleyLower TargetOverweight$58.00 ➝ $53.00High
6/4/2020WedbushBoost TargetNeutral$40.00 ➝ $45.00High
6/4/2020Needham & Company LLCReiterated RatingBuy$60.00 ➝ $67.00High
6/4/2020OppenheimerBoost TargetOutperform$48.00 ➝ $52.00Low
5/22/2020Morgan StanleyBoost TargetOverweight$53.00 ➝ $58.00Low
5/15/2020CitigroupInitiated CoverageNeutral$58.00Low
5/14/2020Jefferies Financial GroupDowngradeBuy ➝ Hold$49.00 ➝ $55.00Low
4/23/2020JPMorgan Chase & Co.DowngradeOverweight ➝ Neutral$50.00High
4/16/2020Royal Bank of CanadaBoost TargetOutperform$48.00 ➝ $52.00Low
3/18/2020OppenheimerLower Target$53.00 ➝ $48.00High
3/18/2020Morgan StanleyLower TargetOverweight$62.00 ➝ $53.00High
3/18/2020Royal Bank of CanadaLower TargetOutperform$53.00 ➝ $48.00High
3/18/2020DA DavidsonLower TargetNeutral$44.00 ➝ $37.00High
3/18/2020BMO Capital MarketsLower TargetOutperform$57.00 ➝ $48.00High
3/18/2020Needham & Company LLCReiterated RatingBuy$60.00High
3/17/2020DA DavidsonReiterated RatingHold$44.00High
1/31/2020BMO Capital MarketsInitiated CoverageOutperform$57.00Medium
12/9/2019Needham & Company LLCReiterated RatingBuy$60.00High
12/5/2019DA DavidsonReiterated RatingNeutral$44.00Low
11/12/2019First AnalysisInitiated CoverageOutperform$50.00Low
11/11/2019WedbushDowngradeOutperform ➝ Neutral$62.00 ➝ $42.00Medium
10/10/2019Berenberg BankInitiated CoverageBuy$48.00Low
10/8/2019Jefferies Financial GroupReiterated RatingBuy$52.00Medium
10/3/2019Royal Bank of CanadaLower TargetOutperform$60.00 ➝ $53.00High
10/2/2019WedbushReiterated RatingBuy ➝ Outperform$62.00High
10/2/2019OppenheimerLower TargetOutperform$58.00 ➝ $53.00High
10/2/2019DA DavidsonLower TargetNeutral$38.00Medium
9/10/2019StephensReiterated RatingBuy$55.00Medium
9/5/2019JPMorgan Chase & Co.Boost TargetOverweight$47.00 ➝ $48.00High
8/30/2019WedbushReiterated RatingOutperform$62.00High
8/1/2019WedbushInitiated CoverageOutperform ➝ Outperform$62.00Low
7/11/2019Needham & Company LLCReiterated RatingBuy ➝ Buy$45.00 ➝ $60.00Medium
4/23/2019StephensReiterated RatingBuy$55.00Low
(Data available from 4/19/2019 forward)

News Sentiment Rating

0.98 (Buy)

Our news sentiment rating is based on the average sentiment of articles about this company published in the media in the last 30 days of headlines and can range from 2 (very positive sentiment) to -2 (very negative sentiment).

News Sentiment Over Time

Move your mouse over past months for details

Skip to Current Sentiment Summary
  • 31 very positive mentions
  • 32 positive mentions
  • 2 negative mentions
  • 0 very negative mentions
Mentions as of
9/22/2023
  • 14 very positive mentions
  • 12 positive mentions
  • 1 negative mentions
  • 0 very negative mentions
Mentions as of
10/22/2023
  • 6 very positive mentions
  • 9 positive mentions
  • 2 negative mentions
  • 0 very negative mentions
Mentions as of
11/21/2023
  • 21 very positive mentions
  • 21 positive mentions
  • 1 negative mentions
  • 1 very negative mentions
Mentions as of
12/21/2023
  • 10 very positive mentions
  • 7 positive mentions
  • 1 negative mentions
  • 0 very negative mentions
Mentions as of
1/20/2024
  • 17 very positive mentions
  • 13 positive mentions
  • 1 negative mentions
  • 1 very negative mentions
Mentions as of
2/19/2024
  • 25 very positive mentions
  • 36 positive mentions
  • 9 negative mentions
  • 1 very negative mentions
Mentions as of
3/20/2024
  • 19 very positive mentions
  • 14 positive mentions
  • 0 negative mentions
  • 0 very negative mentions
Mentions as of
4/19/2024

Current Sentiment

  • 19 very positive mentions
  • 14 positive mentions
  • 0 negative mentions
  • 0 very negative mentions

Recent Stories by Sentiment

Very Negative

  • No very negative mentions tracked during this time.

Negative

  • No negative mentions tracked during this time.

Positive

Very Positive

Smartsheet logo
Smartsheet, Inc. engages in managing and automating collaborative work. Its platform provides solutions that eliminate the obstacles to capturing information, including a familiar and intuitive spreadsheet interface as well as easily customizable forms. The company was founded by W. Eric Browne, Maria Colacurcio, John D. Creason and Brent R. Frei in June 2005 and is headquartered in Bellevue, WA.
Read More

Today's Range

Now: $36.82
Low: $36.57
High: $37.50

50 Day Range

MA: $40.40
Low: $36.58
High: $46.55

52 Week Range

Now: $36.82
Low: $35.52
High: $52.81

Volume

1,118,180 shs

Average Volume

1,567,151 shs

Market Capitalization

$5.06 billion

P/E Ratio

N/A

Dividend Yield

N/A

Beta

0.73

Frequently Asked Questions

What sell-side analysts currently cover shares of Smartsheet?

The following Wall Street sell-side analysts have issued reports on Smartsheet in the last year: 888 Holdings plc, Bank of America Co., Barclays PLC, BMO Capital Markets, Canaccord Genuity Group Inc., Citigroup Inc., DA Davidson, Jefferies Financial Group Inc., JPMorgan Chase & Co., KeyCorp, Morgan Stanley, Needham & Company LLC, Oppenheimer Holdings Inc., Royal Bank of Canada, Truist Financial Co., UBS Group AG, and Wells Fargo & Company.
View the latest analyst ratings for SMAR.

What is the current price target for Smartsheet?

16 Wall Street analysts have set twelve-month price targets for Smartsheet in the last year. Their average twelve-month price target is $49.75, suggesting a possible upside of 35.1%. Citigroup Inc. has the highest price target set, predicting SMAR will reach $63.00 in the next twelve months. Royal Bank of Canada has the lowest price target set, forecasting a price of $36.00 for Smartsheet in the next year.
View the latest price targets for SMAR.

What is the current consensus analyst rating for Smartsheet?

Smartsheet currently has 1 sell rating, 3 hold ratings and 12 buy ratings from Wall Street analysts. The stock has a consensus analyst rating of "Moderate Buy."
View the latest ratings for SMAR.

What other companies compete with Smartsheet?

Other companies that are similar to Smartsheet include Freshworks, Squarespace, Varonis Systems, Tenable and Vertex. Learn More about companies similar to Smartsheet.

How do I contact Smartsheet's investor relations team?

Smartsheet's physical mailing address is 10500 NE 8TH STREET SUITE 1300, BELLEVUE WA, 98004. The company's listed phone number is 844-324-2360 and its investor relations email address is [email protected]. The official website for Smartsheet is www.smartsheet.com. Learn More about contacing Smartsheet investor relations.