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Added to YB: 2024-03-21

Pitch date: 2024-03-15

SMAR [bullish]

Smartsheet Inc.

+48.88%

current return

Author Info

No bio for this author

Company Info

Smartsheet Inc. designs and develops work management platform to plan, capture, manage, automate, and report on work for teams and organizations.

Market Cap

$7.9B

Pitch Price

$37.93

Price Target

56.00 (-1%)

Dividend

N/A

EV/EBITDA

-799.19

P/E

-840.41

EV/Sales

6.63

Sector

Software

Category

growth

Show full summary:
Smartsheet Inc.: Macroeconomic Pressures Weigh on SMB Expansion, but Shares Are Attractive

SMAR: Morningstar raises FVE to $56 on strong Q4 despite macro pressure. Rev +21% on new users & enterprise growth, adj op margin 15% vs 4% YoY. Investing in AI & security for future growth, but execution risk in competitive market. Exemplary capital allocation.

Read full article (9 min)