
SmartRent (SMRT) Stock Forecast & Price Target
SmartRent (SMRT) Analyst Ratings
Bulls say
SmartRent Inc. has reported impressive growth in its IoT SaaS segment, with a year-over-year increase of 15.4% and a sequential growth of 3.3%, while the average revenue per user (ARPU) rose by 4.8% year-over-year to $4.61. The company is taking proactive measures to enhance its financial position by increasing its cost reduction initiatives, which are expected to help achieve adjusted EBITDA and cash flow breakeven by the end of 2025. Furthermore, management anticipates a reacceleration of growth in 2026, supported by strategic investments in sales, product enhancements, and operational adjustments following a recent leadership change.
Bears say
SmartRent faces significant risks that could negatively impact its financial performance, including potential economic or real estate downturns that may reduce demand for its products. Additionally, the company is experiencing a slower pace of revenue per unit expansion and is facing increasing competition, which may further hinder its growth prospects. The loss of a large client could exacerbate these challenges, compounding the difficulties in achieving financial stability, as evidenced by an AEBITDA loss of -$7.3 million.
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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