What is DA Davidson’s Estimate for Smartsheet Q4 Earnings?

Smartsheet Inc (NYSE:SMAR) – Investment analysts at DA Davidson issued their Q4 2025 EPS estimates for Smartsheet in a report issued on Friday, December 6th. DA Davidson analyst G. Luria forecasts that the company will post earnings per share of ($0.06) for the quarter. DA Davidson currently has a “Neutral” rating and a $56.50 target price on the stock. The consensus estimate for Smartsheet’s current full-year earnings is ($0.05) per share.

Several other equities research analysts have also recently weighed in on SMAR. UBS Group reiterated a “neutral” rating and issued a $56.50 target price (down from $61.00) on shares of Smartsheet in a report on Thursday, September 26th. Jefferies Financial Group reaffirmed a “hold” rating and issued a $56.50 price objective (down from $60.00) on shares of Smartsheet in a research note on Tuesday, September 24th. Canaccord Genuity Group downgraded shares of Smartsheet from a “strong-buy” rating to a “hold” rating in a research report on Wednesday, September 25th. Royal Bank of Canada reaffirmed a “sector perform” rating and issued a $56.50 price target on shares of Smartsheet in a research report on Thursday, October 24th. Finally, William Blair reissued a “market perform” rating on shares of Smartsheet in a report on Wednesday, September 25th. One equities research analyst has rated the stock with a sell rating, seventeen have given a hold rating and two have given a buy rating to the company. According to data from MarketBeat, the stock has an average rating of “Hold” and a consensus price target of $55.82.

Smartsheet Stock Down 0.2 %

Shares of NYSE:SMAR opened at $55.97 on Monday. The business’s 50 day moving average is $55.95 and its 200 day moving average is $49.74. The stock has a market cap of $7.78 billion, a P/E ratio of -932.83 and a beta of 0.71. Smartsheet has a 52-week low of $35.52 and a 52-week high of $56.55.

Institutional Trading of Smartsheet

Large investors have recently added to or reduced their stakes in the company. CWM LLC lifted its holdings in shares of Smartsheet by 218.0% during the second quarter. CWM LLC now owns 19,869 shares of the company’s stock worth $876,000 after purchasing an additional 13,621 shares during the period. Zacks Investment Management acquired a new stake in Smartsheet during the 3rd quarter valued at approximately $4,551,000. Assenagon Asset Management S.A. boosted its holdings in shares of Smartsheet by 169.3% in the 2nd quarter. Assenagon Asset Management S.A. now owns 104,460 shares of the company’s stock valued at $4,605,000 after acquiring an additional 65,670 shares during the last quarter. Bailard Inc. acquired a new stake in shares of Smartsheet in the second quarter worth $3,435,000. Finally, Verition Fund Management LLC raised its holdings in shares of Smartsheet by 1,149.0% during the third quarter. Verition Fund Management LLC now owns 322,103 shares of the company’s stock worth $17,832,000 after purchasing an additional 296,314 shares during the last quarter. Hedge funds and other institutional investors own 90.01% of the company’s stock.

Insider Activity at Smartsheet

In other Smartsheet news, insider Jolene Lau Marshall sold 3,571 shares of the business’s stock in a transaction that occurred on Friday, September 13th. The shares were sold at an average price of $50.59, for a total transaction of $180,656.89. Following the sale, the insider now owns 13,529 shares of the company’s stock, valued at approximately $684,432.11. The trade was a 20.88 % decrease in their position. The transaction was disclosed in a document filed with the Securities & Exchange Commission, which is available at this link. Also, COO Stephen Robert Branstetter sold 1,847 shares of the firm’s stock in a transaction on Monday, September 16th. The stock was sold at an average price of $53.00, for a total transaction of $97,891.00. Following the completion of the transaction, the chief operating officer now directly owns 64,215 shares of the company’s stock, valued at approximately $3,403,395. This represents a 2.80 % decrease in their position. The disclosure for this sale can be found here. Insiders have sold 42,194 shares of company stock valued at $2,248,098 in the last ninety days. Corporate insiders own 4.52% of the company’s stock.

Smartsheet announced that its board has approved a stock repurchase plan on Thursday, September 5th that allows the company to repurchase $150.00 million in outstanding shares. This repurchase authorization allows the company to repurchase up to 2.1% of its shares through open market purchases. Shares repurchase plans are usually an indication that the company’s board believes its shares are undervalued.

About Smartsheet

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.