Professional
Added to YB: 2025-01-10
Pitch date: 2025-01-08
SMRT [neutral]
SmartRent, Inc.
+27.33%
current return
Author Info
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Company Info
SmartRent, Inc., an enterprise real estate technology company, provides management software and applications to rental property owners and operators, property managers, homebuilders, developers, and residents in the United States and internationally.
Market Cap
$274.3M
Pitch Price
$1.61
Price Target
N/A
Dividend
N/A
EV/EBITDA
-4.26
P/E
-4.02
EV/Sales
1.19
Sector
Electronic Equipment, Instruments and Components
Category
turnaround
Pernas Research Speculative More Research Needed On: SmartRent, Inc.
SMRT more research needed: Leader in proptech, 23% YoY SaaS growth, but 60% hardware rev declining. -90% from peak, CEO search ongoing. Q3 EBITDA -$3.8M, yet $17M buyback + $20M authorized. Low valuation, potential upside if execution improves, but operational challenges persist.
Read full article (1 min)