
SmartRent (SMRT) Stock Forecast & Price Target
SmartRent (SMRT) Analyst Ratings
Bulls say
SmartRent Inc has demonstrated a robust year-over-year growth rate of 15.4% in its IoT Software as a Service (SaaS) segment, indicating a healthy demand for its technology solutions among property managers and owners. The company is strategically increasing its cost-reduction initiatives to $30 million, which is expected to facilitate achieving adjusted EBITDA and cash flow breakeven by the end of 2025. Furthermore, management's commitment to enhance its sales organization and product offerings positions SmartRent for an optimistic growth reacceleration in 2026, reflecting a strong potential for long-term profitability.
Bears say
SmartRent Inc is facing significant risks that could negatively impact its financial performance, including potential economic or real estate downturns that may reduce demand for its products. Furthermore, the company is experiencing a slower pace of revenue per unit expansion, which could hinder growth prospects and profitability. Additionally, competition in the smart home technology sector and the potential loss of a major client represent further challenges to SmartRent's ability to achieve positive financial outcomes.
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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