
SmartRent (SMRT) Stock Forecast & Price Target
SmartRent (SMRT) Analyst Ratings
Bulls say
SmartRent Inc. has reported a robust year-over-year growth of 15.4% in its IoT SaaS revenue, alongside a sequential growth of 3.3%, showcasing an upward trend in average revenue per user (ARPU) that increased to $4.61. The company's strategic decision to enhance cost reduction initiatives to $30 million positions it for achieving adjusted EBITDA and cash flow breakeven by the end of 2025. Furthermore, management's confidence in reaccelerating growth in 2026 following targeted investments in sales, product enhancements, and operational focus highlights a positive trajectory for future performance.
Bears say
SmartRent Inc faces multiple risks that could negatively impact its financial performance, particularly an economic or real estate downturn which may reduce demand for its smart home and building technology products. Additionally, a slower pace of revenue per unit expansion and heightened competition in the market raise further concerns regarding its growth potential. The company's financial health is also evidenced by an Adjusted EBITDA loss of $7.3 million, indicating challenges in achieving profitability.
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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