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

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

SMAR has been the topic of a number of other reports. Canaccord Genuity Group cut Smartsheet from a “strong-buy” rating to a “hold” rating in a research report on Wednesday, September 25th. Wolfe Research reaffirmed a “peer perform” rating on shares of Smartsheet in a report on Wednesday, September 25th. Canaccord Genuity Group reissued a “hold” rating and issued a $56.50 price objective (down from $60.00) on shares of Smartsheet in a research note on Wednesday, September 25th. Citigroup restated a “neutral” rating and set a $56.50 price objective (down from $63.00) on shares of Smartsheet in a research report on Friday, September 27th. Finally, Needham & Company LLC reaffirmed a “hold” rating on shares of Smartsheet in a report on Friday, December 6th. One research analyst has rated the stock with a sell rating, seventeen have issued a hold rating and two have issued a buy rating to the company’s stock. According to MarketBeat.com, Smartsheet presently has a consensus rating of “Hold” and an average target price of $55.82.

Smartsheet Price Performance

Shares of Smartsheet stock opened at $55.97 on Monday. Smartsheet has a 1-year low of $35.52 and a 1-year high of $56.55. The company’s fifty day simple moving average is $55.95 and its 200-day simple moving average is $49.74. The stock has a market capitalization of $7.78 billion, a PE ratio of -932.83 and a beta of 0.71.

Institutional Inflows and Outflows

A number of hedge funds have recently bought and sold shares of the company. Eminence Capital LP boosted its stake in shares of Smartsheet by 9.2% during the 2nd quarter. Eminence Capital LP now owns 4,251,328 shares of the company’s stock worth $187,399,000 after purchasing an additional 358,988 shares during the period. State Street Corp lifted its stake in Smartsheet by 6.2% in the third quarter. State Street Corp now owns 2,492,949 shares of the company’s stock worth $138,010,000 after purchasing an additional 146,353 shares during the last quarter. Geode Capital Management LLC boosted its position in shares of Smartsheet by 2.4% during the third quarter. Geode Capital Management LLC now owns 2,231,050 shares of the company’s stock valued at $123,545,000 after buying an additional 52,293 shares during the period. RGM Capital LLC grew its stake in shares of Smartsheet by 7.6% during the second quarter. RGM Capital LLC now owns 2,223,763 shares of the company’s stock valued at $98,023,000 after buying an additional 156,817 shares during the last quarter. Finally, Marshall Wace LLP raised its holdings in shares of Smartsheet by 40.9% in the second quarter. Marshall Wace LLP now owns 1,835,994 shares of the company’s stock worth $80,931,000 after buying an additional 533,278 shares during the period. Institutional investors own 90.01% of the company’s stock.

Insider Activity at Smartsheet

In other news, insider Jolene Lau Marshall sold 3,571 shares of the business’s stock in a transaction that occurred on Friday, September 13th. The stock was sold at an average price of $50.59, for a total transaction of $180,656.89. Following the transaction, 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 SEC, which can be accessed through the SEC website. Also, CEO Mark Patrick Mader sold 5,000 shares of the stock in a transaction on Monday, November 4th. The shares were sold at an average price of $56.05, for a total value of $280,250.00. Following the sale, the chief executive officer now owns 578,762 shares in the company, valued at $32,439,610.10. The trade was a 0.86 % decrease in their position. The disclosure for this sale can be found here. Over the last ninety days, insiders sold 42,194 shares of company stock valued at $2,248,098. 4.52% of the stock is owned by corporate insiders.

Smartsheet declared that its board has initiated a share buyback plan on Thursday, September 5th that allows the company to buyback $150.00 million in shares. This buyback authorization allows the company to buy up to 2.1% of its stock through open market purchases. Stock buyback plans are generally an indication that the company’s leadership believes its shares are undervalued.

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.