SmartRent

SMRT · NYSE

$1.19+$0.04 (+3.48%)TodayMarket closed · Oct 20, 6:30 PM ET

Prev close $1.15

SMRT analyst rating

HoldConsensus of 1 analyst over the last 12 months. 0% rate it a buy.

Strong buy0
Buy0
Hold1
Underperform0
Sell0

12-month price target · 4 analysts

Average $1.48 (+24.3% upside)

Low: $1.41
Now: $1.19
High: $1.58

Upgrades and downgrades

The latest rating actions, newest first

SMRT analyst upgrades, downgrades and rating actions
Firm	Date	Action	Rating	Price target	Hit rate
Keefe, Bruyette & Woods	Jul 13, 2026	Maintains	Market Perform	$1.40 → $1.20	35%
Keefe, Bruyette & Woods	May 18, 2026	Maintains	Market Perform	$2.00 → $1.40	35%

The case for and against

Updated Feb 2, 2026

Bull case

SmartRent has demonstrated a positive growth trajectory in its IoT SaaS segment, with a year-over-year increase of 15.4% and an average revenue per unit (ARPU) of $4.61, reflecting a 4.8% rise year-over-year. The company's strategic initiative to increase cost reduction efforts by $20 million aims to position it for adjusted EBITDA and cash flow breakeven by the end of 2025, signaling a commitment to financial health. Furthermore, management's confidence in reaccelerating growth in 2026, bolstered by investments in sales, product enhancements, and operational restructuring, reinforces a favorable long-term outlook for SmartRent.

Bear case

SmartRent Inc faces significant risks that could negatively impact its financial performance, including potential economic or real estate downturns that may reduce demand for its products. The company has also experienced a slower pace of revenue per unit expansion, which could hinder its growth prospects in a competitive market. Additionally, the loss of a large client poses a further threat to its revenue stability and overall business viability.

Information on this page is provided for informational purposes only and is not a recommendation to buy, sell or hold any security. Investing involves risk, including possible loss of principal. Market data is delayed at least 15 minutes and is provided without warranty. Analyst ratings, price targets and company data come from third-party sources. Past performance does not guarantee future results.