
SmartRent (SMRT) Stock Forecast & Price Target
SmartRent (SMRT) Analyst Ratings
Bulls say
SmartRent Inc. has demonstrated notable growth in its IoT SaaS segment, with a year-over-year increase of 15.4% and a sequential rise of 3.3%, contributing to an average revenue per user (ARPU) of $4.61, which reflects an uptick of 4.8% year-over-year. The company's strategic decision to increase its cost reduction initiatives to $30 million is expected to support a goal of achieving adjusted EBITDA and cash flow breakeven by the end of 2025. Furthermore, management expresses confidence in reaccelerating growth in 2026 due to investments in sales, enhanced product offerings, and organizational refocusing following recent leadership changes.
Bears say
SmartRent Inc. faces significant risks that contribute to a negative financial outlook, primarily stemming from potential economic or real estate downturns that could diminish the demand for its products. Additionally, a slower pace of revenue per unit expansion and heightened competition pose further challenges to the company's financial performance. The risk of losing a major client adds another layer of uncertainty, complicating the company’s ability to achieve profitable growth amidst these adverse conditions.
This aggregate rating is based on analysts' research of SmartRent and is not a guaranteed prediction by Public.com or investment advice.
SmartRent (SMRT) Analyst Forecast & Price Prediction
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