Smartrent, Inc. (SMRT)
NYSE:SMRT
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SMRT Stock Chart & Stats
$1.57
-$0.05(-2.87%)
At close: 4:00 PM EST
$1.57
-$0.05(-2.87%)
Day’s Range― - ―
52-Week Range$0.72 - $2.20
Previous CloseN/A
Volume112.33K
Average Volume (3M)806.68K
Market Cap
$215.98M
Enterprise Value$122.63M
Total Cash (Recent Filing)$98.82M
Total Debt (Recent Filing)$5.47M
Price to Earnings (P/E)―
Beta1.39
Next Earnings
Aug 12, 2026EPS Estimate
-0.02Next Dividend Ex-DateN/A
Dividend YieldN/A
Share Statistics
EPS (TTM)-0.13
Shares Outstanding192,838,070
10 Day Avg. Volume757,106
30 Day Avg. Volume806,678
Financial Highlights & Ratios
PEG Ratio-0.07
Price to Book (P/B)1.65
Price to Sales (P/S)2.52
P/FCF Ratio-15.25
Enterprise Value/Market Cap0.57
Enterprise Value/Revenue0.82
Enterprise Value/Gross Profit2.38
Enterprise Value/Ebitda-3.07
Forecast
1Y Price Target
$1.75Price Target Upside11.46% Upside
Rating ConsensusHold
Number of Analyst Covering2
EPS Forecast (FY)-0.06
Revenue Forecast (FY)$159.67M
Bulls Say, Bears Say
Bulls Say
Financial StabilityThe company is well capitalized with $142.5 million in cash and cash equivalents, no debt and an undrawn credit facility of $75 million.
Hosted Services ProfitabilityHosted services gross profit rose to $12.5 million from $11.4 million last year, continuing to be the most profitable revenue stream.
SaaS Revenue GrowthSaaS revenue grew by 17% year-over-year, resulting in a record SaaS ARR of $54.4 million.
Bears Say
Adjusted EBITDAThe company reported negative Adjusted EBITDA of $(6.4) million, down from $400K year-over-year.
Hardware Revenue DecreaseHardware revenue for the quarter was $10.4 million, down 72% from last year, mainly due to the company shifting away from their previous over reliance on hardware sales.
Quarterly Revenue DeclineQuarterly revenue totaled $35.4 million, marking a 41% decrease from the previous year, driven by fewer units shipped and new units deployed.
SmartRent News
SMRT FAQ
What was Smartrent, Inc.’s price range in the past 12 months?
Smartrent, Inc. lowest stock price was $0.72 and its highest was $2.20 in the past 12 months.
What is Smartrent, Inc.’s market cap?
Smartrent, Inc.’s market cap is $215.98M.
When is Smartrent, Inc.’s upcoming earnings report date?
Smartrent, Inc.’s upcoming earnings report date is Aug 12, 2026 which is in 93 days.
How were Smartrent, Inc.’s earnings last quarter?
Smartrent, Inc. released its earnings results on May 06, 2026. The company reported -$0.02 earnings per share for the quarter, missing the consensus estimate of -$0.015 by -$0.005.
Is Smartrent, Inc. overvalued?
According to Wall Street analysts Smartrent, Inc.’s price is currently Undervalued.
Does Smartrent, Inc. pay dividends?
Smartrent, Inc. pays a Quarterly dividend of $0.08 which represents an annual dividend yield of N/A. See more information on Smartrent, Inc. dividends here
What is Smartrent, Inc.’s EPS estimate?
Smartrent, Inc.’s EPS estimate is -0.02.
How many shares outstanding does Smartrent, Inc. have?
Smartrent, Inc. has 192,838,070 shares outstanding.
What happened to Smartrent, Inc.’s price movement after its last earnings report?
Smartrent, Inc. reported an EPS of -$0.02 in its last earnings report, missing expectations of -$0.015. Following the earnings report the stock price went down -18.182%.
Which hedge fund is a major shareholder of Smartrent, Inc.?
Currently, no hedge funds are holding shares in SMRT
What is the TipRanks Smart Score and how is it calculated?
Smart Score combines eight research factors - such as analyst recommendations, hedge fund trends, and technical indicators - to measure a stock’s outlook. These signals are unified into a single score that reflects bullish or bearish momentum. See detailed methodology
SmartRent Stock Smart Score
Outperform
1
2
3
4
5
6
7
8
9
10
Analyst Consensus
Hold
Average Price Target:
$1.75 (11.46% Upside)
$1.75 (11.46% Upside)
Blogger Sentiment
Bullish
SMRT Sentiment 70%
Sector Average ―
Sector Average ―
Hedge Fund Trend
Increased
By 1.1M Shares
Last Quarter.
Last Quarter.
Insider Transactions
Bought Shares
Worth $315.5K over
the Last 3 Months
the Last 3 Months
Crowd Wisdom
Neutral
Last 7 Days ▼ 1.2%
Last 30 Days ▲ 0.9%
Last 30 Days ▲ 0.9%
Technicals
SMA
Negative
20 days / 200 days
Momentum
98.23%
12-Months-Change
Fundamentals
Return on Equity
-10.61%
Trailing 12-Months
Asset Growth
-17.98%
Trailing 12-Months
Company Description
Smartrent, Inc.
SmartRent, Inc., an enterprise software company, provides an integrated smart home operating system to residential property owners and operators, homebuilders, institutional home buyers, developers, and residents in the United States. Its solution is designed to provide communities with visibility and control their assets while delivering cost savings and additional revenue opportunities through all-in-one home control offerings for residents. The company's products and solutions include smart apartments and homes, access control for buildings, common areas, rental units, asset protection and monitoring, parking management, self-guided tours, and community and resident Wi-Fi. It also offers professional services to customers, which include training, installation, and support services. SmartRent, Inc. was founded in 2017 and is headquartered in Scottsdale, Arizona.
SMRT Company Deck
SMRT Earnings Call
Q1 2026
0:00 / 0:00
Earnings Call Sentiment|Positive
The call conveyed meaningful operational and financial improvement: margin expansion (+630 bps), a 32% reduction in operating expenses, positive adjusted EBITDA for the second consecutive quarter, improved net loss versus prior year, and a strong cash position with no debt. These positives were balanced against near-term top-line pressure: total revenue down 6% YoY, hardware revenue down 18%, bookings down 9%, and headwinds from declining non-cash hub amortization and Smart Operations churn. Management emphasized that many headwinds are timing/ramp related (sales hires, contract renewals, hardware refresh planning) and reiterated medium-term targets (double-digit IoT growth, March-to-1M, ARR expansion, full-year adjusted EBITDA and free cash flow positivity). Overall, operational recovery and margin gains outweigh the near-term revenue and bookings softness, with the caveat that execution on sales ramp and VAR contributions will be critical.View all SMRT earnings summariesSMRT Stock 12 Month Forecast
Average Price Target
$1.75
▲(11.46% Upside)
Technical Analysis
Ownership Overview
2.61% Insiders
7.88% Mutual Funds
2.25% Other Institutional Investors
80.50% Public Companies and
Individual Investors