Smartsheet (NYSE:SMAR) Releases Q3 2025 Earnings Guidance

Smartsheet (NYSE:SMAR) updated its third quarter 2025 earnings guidance on Thursday. The company provided earnings per share guidance of 0.290-0.310 for the period, compared to the consensus earnings per share 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.

Wall Street Analyst Weigh In

A number of equities analysts recently weighed in on SMAR shares. Wells Fargo & Company boosted their price target on shares of Smartsheet from $47.00 to $50.00 and gave the stock an overweight rating in a report on Thursday, June 6th. Canaccord Genuity Group increased their price objective on Smartsheet from $52.00 to $60.00 and gave the stock a buy rating in a research report on Friday. Needham & Company LLC reaffirmed a buy rating and set a $57.00 price objective on shares of Smartsheet in a report on Friday. Royal Bank of Canada raised their price objective on Smartsheet from $43.00 to $51.00 and gave the company a sector perform rating in a research note on Friday. Finally, Truist Financial boosted their price objective on shares of Smartsheet from $55.00 to $60.00 and gave the company a buy rating in a research report on Friday. One investment analyst has rated the stock with a sell rating, three have assigned a hold rating and thirteen have assigned a buy rating to the stock. According to MarketBeat.com, the stock has a consensus rating of Moderate Buy and a consensus price target of $55.06.

Smartsheet Stock Up 5.9 %

Smartsheet stock traded up $2.92 during mid-day trading on Friday, hitting $52.27. The company had a trading volume of 5,266,548 shares, compared to its average volume of 1,491,826. The stock has a market cap of $7.23 billion, a price-to-earnings ratio of -84.32 and a beta of 0.74. Smartsheet has a 1 year low of $35.52 and a 1 year high of $54.28. The business has a fifty day moving average of $47.00 and a 200 day moving average of $42.52.

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

Insider Transactions at Smartsheet

In other Smartsheet news, COO Stephen Robert Branstetter sold 4,174 shares of the stock in a transaction that occurred on Tuesday, June 11th. The stock was sold at an average price of $43.91, for a total transaction of $183,280.34. Following the completion of the sale, the chief operating officer now directly owns 68,067 shares of the company’s stock, valued at approximately $2,988,821.97. The transaction was disclosed in a legal filing with the Securities & Exchange Commission, which can be accessed through this hyperlink. In other news, COO Stephen Robert Branstetter sold 4,174 shares of the business’s stock in a transaction dated Tuesday, June 11th. The shares were sold at an average price of $43.91, for a total transaction of $183,280.34. Following the transaction, the chief operating officer now directly owns 68,067 shares in the company, valued at $2,988,821.97. The sale was disclosed in a document filed with the SEC, which is available at this hyperlink. Also, insider Jolene Lau Marshall sold 3,741 shares of the firm’s stock in a transaction dated Thursday, August 15th. The shares were sold at an average price of $48.18, for a total transaction of $180,241.38. Following the completion of the sale, the insider now owns 17,100 shares of the company’s stock, valued at approximately $823,878. The disclosure for this sale can be found here. Over the last quarter, insiders sold 32,929 shares of company stock worth $1,446,805. Company insiders own 4.52% of the company’s stock.

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.