Smartsheet (NYSE:SMAR) Issues Q3 2025 Earnings Guidance

Smartsheet (NYSE:SMAR) updated its third quarter 2025 earnings guidance on Thursday. The company provided EPS guidance of 0.290-0.310 for the period, compared to the consensus EPS estimate of 0.290. The company issued revenue guidance of $282.0 million-$285.0 million, compared to the consensus revenue estimate of $287.8 million. Smartsheet also updated its FY 2025 guidance to 1.360-1.390 EPS.

Analyst Ratings Changes

A number of equities research analysts have recently weighed in on SMAR shares. Royal Bank of Canada lifted their price objective on Smartsheet from $43.00 to $51.00 and gave the stock a sector perform rating in a research report on Friday. Barclays lifted their price objective on Smartsheet from $45.00 to $50.00 and gave the stock an equal weight rating in a research report on Friday. Truist Financial reiterated a buy rating and issued a $55.00 price objective on shares of Smartsheet in a research report on Monday, August 26th. Guggenheim reiterated a buy rating and issued a $56.00 price objective on shares of Smartsheet in a research report on Tuesday, June 25th. Finally, Morgan Stanley lifted their price objective on Smartsheet from $55.00 to $57.00 and gave the stock an overweight rating in a research report on Friday. One research analyst has rated the stock with a sell rating, three have assigned a hold rating and thirteen have given a buy rating to the stock. According to data from MarketBeat.com, Smartsheet currently has an average rating of Moderate Buy and an average price target of $53.94.

Smartsheet Trading Up 8.7 %

NYSE:SMAR traded up $4.27 during trading hours on Friday, reaching $53.62. 992,128 shares of the company traded hands, compared to its average volume of 1,467,008. The business’s 50-day moving average price is $46.84 and its two-hundred day moving average price is $42.46. The stock has a market capitalization of $7.42 billion, a P/E ratio of -85.37 and a beta of 0.74. Smartsheet has a 1 year low of $35.52 and a 1 year high of $53.91.

Smartsheet (NYSE:SMAR) last announced its quarterly earnings data on Thursday, September 5th. The company reported $0.44 earnings per share (EPS) for the quarter, beating analysts’ consensus estimates of $0.29 by $0.15. The business had revenue of $276.41 million during the quarter, compared to analysts’ expectations of $274.23 million. Smartsheet had a negative return on equity of 12.06% and a negative net margin of 8.35%. The firm’s quarterly revenue was up 17.3% compared to the same quarter last year. During the same quarter in the previous year, the business earned ($0.23) earnings per share. As a group, equities analysts anticipate that Smartsheet will post -0.21 EPS for the current year.

Insider Buying and Selling at Smartsheet

In other news, CFO Pete Godbole sold 7,500 shares of the business’s stock in a transaction on Thursday, June 13th. The stock was sold at an average price of $43.54, for a total value of $326,550.00. Following the completion of the transaction, the chief financial officer now owns 36,846 shares in the company, valued at $1,604,274.84. The transaction was disclosed in a document filed with the Securities & Exchange Commission, which can be accessed through the SEC website. In other news, insider Jolene Lau Marshall sold 3,741 shares of the business’s stock in a transaction on Thursday, August 15th. The stock was sold at an average price of $48.18, for a total value of $180,241.38. Following the completion of the transaction, the insider now owns 17,100 shares in the company, valued at $823,878. The transaction was disclosed in a document filed with the Securities & Exchange Commission, which can be accessed through the SEC website. Also, CFO Pete Godbole sold 7,500 shares of the business’s stock in a transaction on Thursday, June 13th. The stock was sold at an average price of $43.54, for a total value of $326,550.00. Following the completion of the transaction, the chief financial officer now owns 36,846 shares of the company’s stock, valued at approximately $1,604,274.84. The disclosure for this sale can be found here. Over the last 90 days, insiders sold 32,929 shares of company stock worth $1,446,805. 4.52% of the stock is owned by insiders.

Smartsheet Company Profile

Smartsheet, Inc engages in managing and automating collaborative work. Its platform provides solutions that eliminate the obstacles to capturing information, including a familiar and intuitive spreadsheet interface as well as easily customizable forms. The company was founded by W. Eric Browne, Maria Colacurcio, John D.