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SmartRent Inc has a consensus price target of $4.82 based on the ratings of 11 analysts. The high is $9 issued by Colliers Securities on February 8, 2022. The low is $2 issued by Keefe, Bruyette & Woods on August 9, 2024. The 3 most-recent analyst ratings were released by Keefe, Bruyette & Woods, Cantor Fitzgerald, and DA Davidson on August 9, 2024, August 8, 2024, and July 31, 2024, respectively. With an average price target of $2 between Keefe, Bruyette & Woods, Cantor Fitzgerald, and DA Davidson, there's an implied 26.58% upside for SmartRent Inc from these most-recent analyst ratings.
1calculated from analyst ratings
The latest price target for SmartRent (NYSE:SMRT) was reported by Keefe, Bruyette & Woods on August 9, 2024. The analyst firm set a price target for $2.00 expecting SMRT to rise to within 12 months (a possible 33.33% upside). 8 analyst firms have reported ratings in the last year.
The latest analyst rating for SmartRent (NYSE:SMRT) was provided by Keefe, Bruyette & Woods, and SmartRent downgraded their market perform rating.
There is no last upgrade for SmartRent
The last downgrade for SmartRent Inc happened on August 9, 2024 when Keefe, Bruyette & Woods changed their price target from $3.5 to $2 for SmartRent Inc.
Analysts arrive at stock ratings after doing extensive research, which includes going through public financial statements, talking to executives and customers of SmartRent, and listening in to earnings conference calls. Most analysts do this every three months, so you should get 4 ratings per company per firm each year. The last rating for SmartRent was filed on August 9, 2024 so you should expect the next rating to be made available sometime around August 9, 2025.
While ratings are subjective and will change, the latest SmartRent (SMRT) rating was a downgraded with a price target of $3.50 to $2.00. The current price SmartRent (SMRT) is trading at is $1.50, which is out of the analyst’s predicted range.
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