SMAR Stock Recent News

Smartsheet maintains a strong competitive position with potential for >20% growth, despite some recent performance weaknesses and macroeconomic pressures on SMB customers. Positive growth indicators include robust enterprise customer metrics, successful large contract deals, and promising adoption of the new pricing model. Risks include decelerating ARR growth, increased churn among SMB customers, and potential volatility if the takeover deal falls through.

As the S&P 500 settles from last week's volatility, investors may be looking for safety or some fundamental reason to shift into a particular area of the stock market. They don't have to do the hours of work and research necessary to find these places, as some of Wall Street's best have already laid out their view for the near future.

Smartsheet's fiscal Q2 2025 earnings were well-received, showcasing stable mid-teens growth and a strong balance sheet with 10% of its market cap in cash. The company's valuation at 23x next year's non-GAAP operating profits is compelling, especially with improved profit margins and consistent revenue growth. Smartsheet's enterprise customer base is expanding, with a 17% year-over-year increase in annual recurring revenue and significant customer expansions.

Smartsheet (SMAR) is at a 52-week high, but can investors hope for more gains in the future? We take a look at the company's fundamentals for clues.

Smartsheet Inc. SMAR posted better-than-expected second-quarter financial results and raised its FY25 EPS outlook on Thursday.

Smartsheet Inc. (NYSE:SMAR ) Q2 2025 Results Conference Call September 5, 2024 4:30 PM ET Company Participants Aaron Turner - Head, Investor Relations Mark Mader - Chief Executive Officer Pete Godbole - Chief Financial Officer Conference Call Participants Terry Tillman - Truist Securities Josh Baer - Morgan Stanley Jackson Ader - KeyBanc Capital Markets Alex Zukin - Wolfe Research John DiFucci - Guggenheim Securities Michael Berg - Wells Fargo Securities Michael Funk - Bank of America George Kurosawa - Citi Brent Thill - Jefferies Keith Bachman - BMO Capital Markets Operator Good afternoon, and welcome to the Smartsheet Inc. Second Quarter Fiscal 2025 Earnings Conference Call. Please note that this call is being recorded.

Smartsheet (SMAR) came out with quarterly earnings of $0.44 per share, beating the Zacks Consensus Estimate of $0.29 per share. This compares to earnings of $0.16 per share a year ago.

Seattle-area enterprise software giant Smartsheet is in acquisition talks with a group of private equity firms including Vista Equity Partners and Blackstone, according to a report Thursday from Reuters.

SMAR's second-quarter fiscal 2025 performance is likely to reflect growth in high-value customers, advanced product features and increased AI tool adoption.

Smartsheet (SMAR) might move higher on growing optimism about its earnings prospects, which is reflected by its upgrade to a Zacks Rank #2 (Buy).