Professional
Added to YB: 2024-07-31
Pitch date: 2024-07-16
SMAR [bullish]
Smartsheet Inc.
+25.99%
current return
Author Info
Optimist Fund is a concentrated, global growth-oriented value investment partnership Follow on Twitter/X.
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
$44.82
Price Target
N/A
Dividend
N/A
EV/EBITDA
-799.19
P/E
-840.41
EV/Sales
6.63
Sector
Software
Category
growth
Optimist Fund Portfolio Holding: Smartsheet Inc.
SMAR: Beat Q expectations, raised ARR & FCF guidance. 52% rev CAGR 2015-22, slowed to ~20% 2023-24 due to macro. Next 18mo: potential revenue growth re-acceleration as macro stabilizes/improves. Strong quarterly results in June signal positive outlook.
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