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The latest update is out from SmartRent ( (SMRT) ).
On June 16, 2025, SmartRent, Inc. announced the appointment of Frank Martell as its new President and CEO, succeeding John Dorman who will continue as Chairman of the Board. Martell, with over 30 years of executive leadership experience, aims to drive SmartRent’s market presence and operational efficiency, leveraging his expertise in data-driven innovation to enhance the company’s customer-centric, execution-driven approach. His leadership is expected to strengthen SmartRent’s market-leading position and deliver long-term value for shareholders.
The most recent analyst rating on (SMRT) stock is a Hold with a $2.00 price target. To see the full list of analyst forecasts on SmartRent stock, see the SMRT Stock Forecast page.
Spark’s Take on SMRT Stock
According to Spark, TipRanks’ AI Analyst, SMRT is a Neutral.
SmartRent’s overall stock score reflects a balance of its strong SaaS growth and strategic shifts against profitability challenges and valuation concerns. The company’s strong balance sheet and strategic focus on recurring revenue are positives, but the negative P/E ratio and ongoing net losses are notable risks.
To see Spark’s full report on SMRT stock, click here.
More about SmartRent
SmartRent, Inc. is a leading provider of smart community and smart operations solutions for the rental housing industry. The company offers an end-to-end enterprise ecosystem that enhances living and working in rental housing by automating operations, protecting assets, reducing energy consumption, and improving the resident experience.
Average Trading Volume: 1,951,313
Technical Sentiment Signal: Sell
Current Market Cap: $166.5M
See more data about SMRT stock on TipRanks’ Stock Analysis page.