
SmartRent (SMRT) Stock Forecast & Price Target
SmartRent (SMRT) Analyst Ratings
Bulls say
SmartRent Inc. has demonstrated a strong growth trajectory in its IoT SaaS segment, achieving a year-over-year increase of 15.4% and a sequential increase of 3.3%, with an average revenue per user (ARPU) of $4.61, reflecting a 4.8% year-over-year growth. The company is undertaking significant cost reduction initiatives, increasing its budget to $30 million, which management asserts will facilitate achieving adjusted EBITDA and cash flow breakeven by the end of 2025. Furthermore, with anticipated investments in sales, product enhancements, and operational refocusing, SmartRent is poised for potential growth acceleration in 2026, driven by the increasing adoption of enterprise smart home technologies among property owners and operators.
Bears say
SmartRent faces significant risks, including potential downturns in the economy and real estate markets, which may dampen demand for its smart home products. Additionally, the company is experiencing a slower pace of revenue per unit expansion and faces increasing competition, which could further impede growth prospects. Financially, SmartRent reported an adjusted EBITDA loss of $7.3 million, indicating ongoing 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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