Smartsheet (NYSE:SMAR) Issues Q3 2025 Earnings Guidance

Smartsheet (NYSE:SMAR) updated its third quarter 2025 earnings guidance on Thursday. The company provided earnings per share guidance of 0.290-0.310 for the period, compared to the consensus earnings per share 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 Analyst Weigh In

Several brokerages have weighed in on SMAR. BMO Capital Markets boosted their price target on Smartsheet from $48.00 to $59.00 and gave the company an outperform rating in a report on Friday. Guggenheim increased their target price on Smartsheet from $60.00 to $62.00 and gave the stock a buy rating in a research report on Friday. Wells Fargo & Company lifted their price target on Smartsheet from $47.00 to $50.00 and gave the company an overweight rating in a report on Thursday, June 6th. Barclays raised their target price on shares of Smartsheet from $45.00 to $50.00 and gave the stock an equal weight rating in a research report on Friday. Finally, UBS Group upped their price target on shares of Smartsheet from $56.00 to $61.00 and gave the stock a buy rating in a research report on Thursday, August 29th. One equities research analyst has rated the stock with a sell rating, three have given a hold rating and thirteen have assigned a buy rating to the company. According to MarketBeat, the stock has an average rating of Moderate Buy and an average price target of $55.06.

Smartsheet Price Performance

NYSE:SMAR traded up $2.92 during midday trading on Friday, reaching $52.27. 5,266,548 shares of the company traded hands, compared to its average volume of 1,491,826. The firm has a market capitalization of $7.23 billion, a price-to-earnings ratio of -84.32 and a beta of 0.74. The company has a fifty day moving average price of $47.00 and a 200 day moving average price of $42.52. Smartsheet has a twelve month low of $35.52 and a twelve month high of $54.28.

Smartsheet (NYSE:SMAR) last released its earnings results on Thursday, September 5th. The company reported $0.44 EPS for the quarter, beating the consensus estimate of $0.29 by $0.15. The firm had revenue of $276.41 million for the quarter, compared to analysts’ expectations of $274.23 million. Smartsheet had a negative net margin of 8.35% and a negative return on equity of 12.06%. Smartsheet’s quarterly revenue was up 17.3% on a year-over-year basis. During the same quarter last year, the company earned ($0.23) EPS. On average, equities research analysts forecast that Smartsheet will post -0.21 earnings per share for the current fiscal year.

Insider Buying and Selling at Smartsheet

In related news, CFO Pete Godbole sold 7,500 shares of the stock in a transaction dated Thursday, June 13th. The stock was sold at an average price of $43.54, for a total value of $326,550.00. Following the completion of the sale, the chief financial officer now directly owns 36,846 shares of the company’s stock, valued at approximately $1,604,274.84. The sale was disclosed in a document filed with the SEC, which can be accessed through this hyperlink. In other news, insider Jolene Lau Marshall sold 3,741 shares of Smartsheet stock in a transaction that occurred on Thursday, August 15th. The shares were sold at an average price of $48.18, for a total value of $180,241.38. Following the transaction, the insider now owns 17,100 shares of the company’s stock, valued at $823,878. The transaction was disclosed in a legal filing with the SEC, which is available at the SEC website. Also, CFO Pete Godbole sold 7,500 shares of Smartsheet stock in a transaction on Thursday, June 13th. The stock was sold at an average price of $43.54, for a total transaction of $326,550.00. Following the completion of the transaction, the chief financial officer now owns 36,846 shares in the company, valued at approximately $1,604,274.84. The disclosure for this sale can be found here. Over the last ninety days, insiders sold 32,929 shares of company stock valued at $1,446,805. 4.52% of the stock is currently owned by corporate insiders.

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.