SMAR Stock Recent News

While investing, having a checklist of ideal fundamentals of companies is vital. These fundamentals can reveal a company's financial standing, growth potential, and market position.

Smartsheet hired investment bankers after receiving buyout interest from private equity firms, according to a report from Reuters on Thursday.

Smartsheet (SMAR) witnessed a jump in share price last session on above-average trading volume. The latest trend in earnings estimate revisions for the stock doesn't suggest further strength down the road.

Smartsheet , a U.S. maker of workplace collaboration software with a market value of $6.3 billion, has tapped investment bankers after attracting acquisition interest from buyout firms, according to people familiar with the matter.

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

The headline numbers for Smartsheet (SMAR) give insight into how the company performed in the quarter ended April 2024, but it may be worthwhile to compare some of its key metrics to Wall Street estimates and the year-ago actuals.

Shares of Smartsheet Inc (NYSE:SMAR) are soaring today, up 18.7% at $44.85 at last look, following the software name's better-than-expected first-quarter results.

Smartsheet stock rallied more than 10% after reporting strong Q1 results and announcing a share buyback program. The company plans to overhaul its pricing model to attract more users at a lower per-user rate. Smartsheet also significantly boosted its operating margin guidance for the year, a result of disciplined opex management.

Smartsheet Inc. (NYSE:SMAR ) Q1 2025 Earnings Conference Call June 5, 2024 4:30 PM ET Company Participants Aaron Turner - Head of Investor Relations Mark Mader - President and Chief Executive Officer Pete Godbole - Chief Financial Officer Conference Call Participants John DiFucci - Guggenheim Securities Scott Berg - Needham & Company Joshua Baer - Morgan Stanley Terry Tillman - Truist Securities Rishi Jaluria - RBC Capital Markets Alex Zukin - Wolfe Research George Iwanyc - Oppenheimer Michael Berg - Wells Fargo Brent Thill - Jefferies George Kurosawa - Citi Pinjalim Bora - JPMorgan DJ Hynes - Canaccord Genuity Kyle Diehl - KeyBanc Capital Markets Taylor McGinnis - UBS Operator Ladies and gentlemen, good afternoon, and thank you for standing by. My name is Abby and I will be your conference operator today.

Smartsheet (SMAR) came out with quarterly earnings of $0.32 per share, beating the Zacks Consensus Estimate of $0.27 per share. This compares to earnings of $0.18 per share a year ago.