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Added to YB: 2023-12-15

Pitch date: 2023-12-13

SMAR [neutral]

Smartsheet Inc.

+22.76%

current return

Author Info

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

$46.00

Price Target

N/A

Dividend

N/A

EV/EBITDA

-799.19

P/E

-840.41

EV/Sales

6.63

Sector

Software

Category

growth

Show full summary:
$SMAR as an Investment: Smart Move or Not

$SMAR: SaaS for workflow optimization w/ strong financials (23% rev growth, 84% GM, 8% OM). Enterprise strength (118% NDRR) offsets SMB slowdown. New AI features enhance UX. 6x NTM GP, fairly valued vs peers. $2B rev by '28 = $10B valuation. 20% lower entry or sell Jan '25 $40 puts for $5.50 premium.

Read full article (4 min)