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SmartRent Inc

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SmartRent Inc Logo
SmartRent Inc
Price: 3.34 USD +2.77% Market Closed
Updated: Dec 11, 2023

Intrinsic Value

Valuation History
SmartRent Inc

Historical Profit
Current Valuation
Price & Value Correlation
Value CAGR
Intrinsic Value History...

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Fundamental Analysis

2023-Q3 Earnings Call
Artifical Intelligence Analysis

Company Nears EBITDA Break-Even; Revises Q4 Revenue Guidance
Company Nears EBITDA Break-Even; Revises Q4 Revenue Guidance

In the first nine months of 2023, the company marked a 40% increase in revenue and significantly reduced operating losses by over $40 million. Adjusted EBITDA for Q3 was negative $5 million, reflecting a year-over-year improvement of 22%. The company also reduced its Q4 revenue guidance to $58 million to $63 million while maintaining that adjusted EBITDA is expected to be between break-even to positive $2 million. They also expect to be free cash flow positive from operations in the first half of the upcoming year and have revised the full-year revenue guidance to $235 million to $240 million, with adjusted EBITDA projected to improve to the higher end of negative $20 million to negative $18 million.


Balance Sheet Decomposition
SmartRent Inc

Current Assets 344m
Cash & Short-Term Investments 211m
Receivables 63.5m
Other Current Assets 69.6m
Non-Current Assets 172m
PP&E 4.5m
Intangibles 151m
Other Non-Current Assets 15.9m
Current Liabilities 124m
Accounts Payable 9m
Accrued Liabilities 16.6m
Other Current Liabilities 98m
Non-Current Liabilities 48.7m
Other Non-Current Liabilities 48.7m
Fundamental Scores

SMRT Profitability Score
Profitability Due Diligence

SmartRent Inc's profitability score is 20/100. The higher the profitability score, the more profitable the company is.

Exceptional Revenue Growth Forecast
Exceptional 1-Year Revenue Growth
Positive Gross Profit
Negative Operating Income

SmartRent Inc's profitability score is 20/100. The higher the profitability score, the more profitable the company is.

SMRT Solvency Score
Solvency Due Diligence

SmartRent Inc's solvency score is 47/100. The higher the solvency score, the more solvent the company is.

Low D/E
Long-Term Solvency
Short-Term Solvency
Low Altman Z-Score

SmartRent Inc's solvency score is 47/100. The higher the solvency score, the more solvent the company is.

Wall St
Price Targets

SMRT Price Targets Summary
SmartRent Inc

Wall Street analysts forecast SMRT stock price to rise over the next 12 months.

According to Wall Street analysts, the average 1-year price target for SMRT is 4.69 USD with a low forecast of 3.23 USD and a high forecast of 5.25 USD.

Price Target
3.23 USD
3% Downside
Price Target
4.69 USD
40% Upside
Price Target
5.25 USD
57% Upside
View Analyst Estimates
View Analyst Estimates

Competitive Landscape


SMRT Insider Trading
Buy and sell transactions by insiders

Cumulative Transactions Amount
Period Sold Bought Net
3 Months
6 Months
9 Months
12 Months
Why is insider trading important?

Shareholder Return

SMRT Return Decomposition
Main factors of price return

What is price return decomposition?

SMRT Price
SmartRent Inc

1M 1M
6M 6M
1Y 1Y
3Y 3Y
5Y 5Y
10Y 10Y
Annual Price Range
52w Low
52w High
Price Metrics
Average Annual Return -13.69%
Standard Deviation of Annual Returns
Max Drawdown -85%
Shares Statistics
Market Capitalization 678m USD
Shares Outstanding 203 155 008
Percentage of Shares Shorted 6.52%

Company Profile

SmartRent Inc Logo
SmartRent Inc


United States of America


Electrical Equipment

Market Cap

678m USD

Dividend Yield



SmartRent, Inc. is an enterprise smart home automation company developing software and hardware that empowers property owners, managers and homebuilders to effectively manage, protect and automate daily operational processes. The company is headquartered in Scottsdale, Arizona and currently employs 639 full-time employees. The company went IPO on 2021-02-05. I, is an enterprise software company. The company provides an integrated smart home operating system to residential property owners and operators, as well as homebuilders, institutional home buyers (iBuyers), developers and residents. Through a central connected device, SmartHub, it integrates its enterprise software with third-party smart devices and other technology interfaces, which allows owners, operators, and residents to manage their smart home systems through a single connected interface. Its products and solutions include smart apartments and homes, access control for buildings, common areas, and rental units, asset protection and monitoring, parking management, self-guided tours, and community and resident wireless fidelity (Wi-Fi). The company offers cloud-based software as a service (SaaS) solutions platform that automates communications, resident engagement, field services and maintenance workflow, due diligence, and audit management.


18835 N. Thompson Peak Parkway, Suite 300






Co-Founder, Chairman & CEO
Mr. Lucas Merwan Haldeman
Co-Founder & CTO
Mr. Isaiah Derose-Wilson
Chief Financial Officer
Mr. Hiroshi Okamoto
Chief Operating Officer
Mr. Demetrios Barnes
VP of Accounting & Fin. and Treasurer
Michael Mcdonald
Sr. VP of Investor Relations
Ms. Evelyn Leon Infurna
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Chief Legal Officer & Sec.
Mr. Brian M. Roberts
Director of Corp. Communications
Amanda Chavez
Chief Marketing Officer
Ms. Robyn Young
Exec. VP of Sales
Mr. Terry Danner
Show Less

See Also

Discover More
What is the Intrinsic Value of one SMRT stock?

The intrinsic value of one SMRT stock under the Base Case scenario is 2.4 USD.

Is SMRT stock undervalued or overvalued?

Compared to the current market price of 3.34 USD, SmartRent Inc is Overvalued by 28%.