Smartsheet Inc. Announces Second Quarter Fiscal Year 2025 Results

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Smartsheet Inc. (SMAR) PT Raised to $51 at RBC Capital

September 6, 2024 6:20 AM EDT

RBC Capital analyst Rishi Jaluria raised the price target on Smartsheet Inc. (NYSE: SMAR) to $51.00 (from $43.00) while maintaining a Sector Perform rating.

The analyst comments "Smartsheet reported a mixed quarter, but shares were up 4% AMC. This follows shares closing up 4% on the day (vs. IGV... More

Smartsheet Inc. (SMAR) PT Raised to $63 at Citi

September 6, 2024 5:26 AM EDT

Citi analyst Steven Enders raised the price target on Smartsheet Inc. (NYSE: SMAR) to $63.00 (from $55.00) while maintaining a Buy rating.

The analyst comments "Following another report of M&A talks per Reuters, 5 Sep (see our prior note), SMAR reported a softer than... More

Smartsheet Inc. (SMAR) PT Raised to $62 at Guggenheim

September 6, 2024 5:22 AM EDT

Guggenheim analyst John DiFucci raised the price target on Smartsheet Inc. (NYSE: SMAR) to $62.00 (from $60.00) while maintaining a Buy rating.

The analyst comments "Smartsheet reported solid F2Q25 results that reflected improved business momentum (as measured by a 2-year stack of New ARR growth) in a period when many Software names did just the opposite (see Exhibit 1). The company exceeded consensus expectations across all metrics, and while total annual revenue guidance... More

Smartsheet Inc. (SMAR) PT Raised to $60 at Canaccord Genuity

September 6, 2024 5:09 AM EDT

Canaccord Genuity analyst David Hynes Jr. raised the price target on Smartsheet Inc. (NYSE: SMAR) to $60.00 (from $52.00) while maintaining a Buy rating.

The analyst comments "In terms of the stock, SMAR shares have been strong on the back of recent... More

Smartsheet (SMAR) Tops Q2 EPS by 15c, Offers Guidance

September 5, 2024 4:10 PM EDT

Smartsheet (NYSE: SMAR) reported Q2 EPS of $0.44, $0.15 better than the analyst estimate of $0.29. Revenue for the quarter came in at $276.4 million versus the consensus estimate of $274.29 million.

GUIDANCE:

Smartsheet sees Q3 2025 EPS of $0.29-$0.31, versus the consensus of $0.29. Smartsheet sees... More