
SmartRent (SMRT) Stock Forecast & Price Target
SmartRent (SMRT) Analyst Ratings
Bulls say
SmartRent Inc. has demonstrated strong growth in its IoT SaaS segment, recording a year-over-year increase of 15.4% and a sequential growth of 3.3%, alongside an uptick in average revenue per user (ARPU) to $4.61. The company's strategic move to increase its cost reduction initiatives from $10 million to $30 million is expected to pave the way for achieving adjusted EBITDA and cash flow breakeven by the end of 2025, with management expressing optimism about reaccelerating growth in 2026. Additionally, the anticipated increase in adoption of enterprise smart apartment technology, driven by tangible ROI for property owners and heightened consumer demand, further supports a favorable outlook for SmartRent's future performance.
Bears say
SmartRent faces significant challenges that contribute to a negative outlook on its stock performance. Key risks include potential economic or real estate downturns that could reduce demand for its products, a slower pace of revenue per unit expansion, and heightened competition that may threaten market positioning. Additionally, the company’s adjusted EBITDA loss of $7.3 million highlights persistent financial struggles, reflecting difficulties in achieving profitability amidst these operational challenges.
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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