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.

Wall Street Analysts Forecast Growth

A number of research firms recently commented on SMAR. Guggenheim reiterated a buy rating and set a $56.00 price objective on shares of Smartsheet in a research report on Tuesday, June 25th. Canaccord Genuity Group upped their price objective on Smartsheet from $45.00 to $52.00 and gave the company a buy rating in a research report on Thursday, June 6th. UBS Group upped their price objective on Smartsheet from $56.00 to $61.00 and gave the company a buy rating in a research report on Thursday, August 29th. Truist Financial reiterated a buy rating and set a $55.00 price objective on shares of Smartsheet in a research report on Monday, August 26th. Finally, Royal Bank of Canada boosted their price target on Smartsheet from $43.00 to $51.00 and gave the company a sector perform rating in a report on Friday. One investment analyst has rated the stock with a sell rating, three have given a hold rating and thirteen have issued a buy rating to the company. According to MarketBeat.com, Smartsheet has a consensus rating of Moderate Buy and an average target price of $53.94.

Smartsheet Price Performance

Shares of NYSE SMAR traded up $4.27 during mid-day trading on Friday, reaching $53.62. The company’s stock had a trading volume of 992,128 shares, compared to its average volume of 1,467,008. The firm has a market capitalization of $7.42 billion, a PE ratio of -85.37 and a beta of 0.74. The stock has a fifty day moving average of $46.84 and a two-hundred day moving average of $42.46. Smartsheet has a 52 week low of $35.52 and a 52 week high of $53.91.

Smartsheet (NYSE:SMAR) last released its quarterly earnings data on Thursday, September 5th. The company reported $0.44 earnings per share for the quarter, topping analysts’ consensus estimates of $0.29 by $0.15. The firm had revenue of $276.41 million during 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 in the prior year, the company posted ($0.23) earnings per share. Analysts anticipate that Smartsheet will post -0.21 EPS for the current fiscal year.

Insider Transactions at Smartsheet

In related news, insider Jolene Lau Marshall sold 3,994 shares of the stock in a transaction that occurred on Friday, July 5th. The stock was sold at an average price of $43.11, for a total transaction of $172,181.34. Following the completion of the transaction, the insider now directly owns 16,567 shares of the company’s stock, valued at $714,203.37. The sale was disclosed in a filing with the SEC, which is available through this link. In related news, insider Jolene Lau Marshall sold 3,994 shares of the stock in a transaction that occurred on Friday, July 5th. The stock was sold at an average price of $43.11, for a total transaction of $172,181.34. Following the completion of the transaction, the insider now directly owns 16,567 shares of the company’s stock, valued at $714,203.37. The sale was disclosed in a filing with the SEC, which is available through this link. Also, CFO Pete Godbole sold 7,500 shares of the stock in a transaction that occurred on Thursday, June 13th. The shares were sold at an average price of $43.54, for a total value of $326,550.00. Following the transaction, the chief financial officer now directly owns 36,846 shares of the company’s stock, valued at $1,604,274.84. The disclosure for this sale can be found here. Insiders sold a total of 32,929 shares of company stock valued at $1,446,805 over the last 90 days. 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.