Smartsheet
SMAR
Market cap $7.77B

55.82 USD

-0.08

0.14%

At close Nov 12, 4:00 PM EST

After hours

55.82

+0.00

0.00%

1 day

-0.14%

5 days

-0.32%

1 month

-0.39%

3 months

19.20%

6 months

38.86%

Year to date

19.76%

1 year

38.44%

5 years

42.98%

10 years

186.26%

About: Smartsheet is a provider of collaborative work management software delivered via a cloud-based, software-as-a-service model. The firm's solution offers scalable, dynamic tools to improve the efficiency of project and process management across countless use cases. Smartsheet's offering supports workflow management across teams, provides real-time visibility into projects, and reporting and automation capabilities. The firm generates revenue via software subscriptions on a per-user basis, and incremental charges for added platform capabilities.

Employees: 3,341

Information Technology Prepackaged Software

0

Funds holding %

of 6,759 funds

0

Analysts bullish %

of 26 analysts

Fund manager confidence

Based on 2024 Q2 SEC filings by fund managers ($100M+ AUM)

90% more first-time investments, than exits

New positions opened: 74 | Existing positions closed: 39

52% more call options, than puts

Call options by funds: $56.4M | Put options by funds: $37.2M

17% more funds holding in top 10

Funds holding in top 10: 12 [Q1] → 14 (+2) [Q2]

14% more capital invested

Capital invested by funds: $4.86B [Q1] → $5.54B (+$673M) [Q2]

10% more funds holding

Funds holding: 356 [Q1] → 391 (+35) [Q2]

7% more repeat investments, than reductions

Existing positions increased: 140 | Existing positions reduced: 131

1.07% less ownership

Funds ownership: 91.96% [Q1] → 90.89% (-1.07%) [Q2]

See Fund Rankings

Research analyst outlook

26 Wall Street Analysts provided 1 year price targets over the past 3 months

Low target

$50

10%

downside

Avg. target

$57

2%

upside

High target

$63

13%

upside

26 analyst ratings

11 positive

42%

15 neutral

58%

0 negative

0%

RBC Capital Rishi Jaluria 58% 1-year accuracy 29 / 50 met price target	1%upside $57	Sector Perform Reiterated	24 Oct 2024
Citigroup Steven Enders 100% 1-year accuracy 20 / 20 met price target	1%upside $57	Neutral Downgraded	27 Sept 2024
UBS Taylor McGinnis 80% 1-year accuracy 8 / 10 met price target	1%upside $57	Neutral Downgraded	26 Sept 2024
Barclays Ryan Macwilliams 71% 1-year accuracy 15 / 21 met price target	1%upside $57	Equal-Weight Maintained	25 Sept 2024
BMO Capital Keith Bachman 90% 1-year accuracy 38 / 42 met price target	1%upside $57	Market Perform Downgraded	25 Sept 2024

See Analyst Rankings

Financial journalist opinion

Based on 4 articles about SMAR published over the past 30 days

Zacks Investment Research

EGHT or SMAR: Which Is the Better Value Stock Right Now?

Investors interested in Internet - Software stocks are likely familiar with 8x8 (EGHT) and Smartsheet (SMAR). But which of these two stocks presents investors with the better value opportunity right now?

EGHT or SMAR: Which Is the Better Value Stock Right Now?

SHAREHOLDER INVESTIGATION: Halper Sadeh LLC Investigates SMAR and OB on Behalf of Shareholders

NEW YORK, Nov. 10, 2024 (GLOBE NEWSWIRE) -- Halper Sadeh LLC, an investor rights law firm, is investigating the following companies for potential violations of the federal securities laws and/or breaches of fiduciary duties to shareholders relating to:

SHAREHOLDER INVESTIGATION: Halper Sadeh LLC Investigates SMAR and OB on Behalf of Shareholders

SMAR Alert: Monsey Firm of Wohl & Fruchter Renews Investigation Into the Proposed Sale of Smartsheet to Blackstone and Vista Equity Partners

We have renewed our investigation into the fairness of the proposed sale of Smartsheet to Vista Equity Partners and Blackstone for $56.50 per share in cash

SMAR Alert: Monsey Firm of Wohl & Fruchter Renews Investigation Into the Proposed Sale of Smartsheet to Blackstone and Vista Equity Partners

Smartsheet Appoints Enterprise Tech Leader Helen Masters as Managing Director of APJ

SYDNEY--(BUSINESS WIRE)--Smartsheet Inc. (NYSE: SMAR), the enterprise work management platform, today announced the appointment of Helen Masters as Managing Director of APJ. Masters will be responsible for driving the continued growth of Smartsheet across Asia Pacific and will work closely with customers and partners to help manage mission-critical work and achieve success. Companies of all sizes, including 85% of the 2024 Fortune 500 companies, partner with Smartsheet to strategically manage p.

Smartsheet Appoints Enterprise Tech Leader Helen Masters as Managing Director of APJ

Zacks Investment Research

Smartsheet Benefits From Growing Customer Base and AI Adoption

SMAR partners with AWS to launch a new connector, empowering users to seamlessly access and manage its data with Amazon Q Business's generative AI.

Smartsheet Benefits From Growing Customer Base and AI Adoption

Zacks Investment Research

Smartsheet (SMAR) Hit a 52 Week High, Can the Run Continue?

Smartsheet (SMAR) is at a 52-week high, but can investors hope for more gains in the future? We take a look at the company's fundamentals for clues.

Smartsheet (SMAR) Hit a 52 Week High, Can the Run Continue?

Smartsheet and AWS Team Up to Accelerate AI-Powered Decision-Making With a Connector for Amazon Q Business

BELLEVUE, Wash.--(BUSINESS WIRE)--Today at its annual ENGAGE customer conference, Smartsheet (NYSE:SMAR), the enterprise work management platform, announced it is partnering with AWS to launch a new connector that synchronizes data from Smartsheet into Amazon Q Business, a generative AI-powered assistant that can answer questions, provide summaries, generate content, and securely complete tasks based on data and information in customers' enterprise systems. The connector will enable Amazon Q Bu.

Smartsheet and AWS Team Up to Accelerate AI-Powered Decision-Making With a Connector for Amazon Q Business

Smartsheet Unveils a Revamped User Experience to Supercharge How Teams Collaborate and Scale their Work

BELLEVUE, Wash.--(BUSINESS WIRE)--Today, at its sold-out annual ENGAGE customer conference, Smartsheet (NYSE:SMAR), the enterprise work management platform, unveiled the most comprehensive transformation of its offerings to date, debuting a new user experience and a range of first-of-a-kind features to empower organizations to operate at peak, regardless of users' tech savvy. The new features build on last year's debut of several AI-driven, next-generation capabilities and are another milestone.

Smartsheet Unveils a Revamped User Experience to Supercharge How Teams Collaborate and Scale their Work

SMAR Stock Alert: Halper Sadeh LLC Is Investigating Whether The Sale Of Smartsheet Inc. Is Fair To Shareholders

NEW YORK, NY / ACCESSWIRE / October 3, 2024 / Halper Sadeh LLC, an investor rights law firm, is investigating whether the sale of Smartsheet Inc. (NYSE:SMAR) to funds managed by Blackstone and Vista Equity Partners for $56.50 per share in cash is fair to Smartsheet shareholders. Halper Sadeh encourages Smartsheet shareholders to click here to learn more about their legal rights and options or contact Daniel Sadeh or Zachary Halper at (212) 763-0060 or sadeh@halpersadeh.com or zhalper@halpersadeh.com.

SMAR Stock Alert: Halper Sadeh LLC Is Investigating Whether The Sale Of Smartsheet Inc. Is Fair To Shareholders

SMAR STOCK ALERT: Halper Sadeh LLC Is Investigating Whether the Sale of Smartsheet Inc. Is Fair to Shareholders

NEW YORK, Oct. 02, 2024 (GLOBE NEWSWIRE) -- Halper Sadeh LLC, an investor rights law firm, is investigating whether the sale of Smartsheet Inc. (NYSE: SMAR) to funds managed by Blackstone and Vista Equity Partners for $56.50 per share in cash is fair to Smartsheet shareholders.

SMAR STOCK ALERT: Halper Sadeh LLC Is Investigating Whether the Sale of Smartsheet Inc. Is Fair to Shareholders

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