SMAR - Smartsheet Inc.

NYSE - NYSE Delayed price. Currency in USD
58.33
-0.99 (-1.67%)
At close: 4:00PM EDT

59.39 +1.09 (1.87%)
After hours: 7:57PM EDT

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Previous close59.32
Open59.00
Bid58.33 x 800
Ask58.50 x 1000
Day's range56.50 - 59.33
52-week range30.91 - 59.56
Volume1,734,594
Avg. volume1,470,639
Market cap6.961B
Beta (5Y monthly)1.63
PE ratio (TTM)N/A
EPS (TTM)-0.85
Earnings date03 Jun 2020
Forward dividend & yieldN/A (N/A)
Ex-dividend dateN/A
1y target est50.08
  • Smartsheet to Announce First Quarter 2021 Earnings on June 3, 2020
    Business Wire

    Smartsheet to Announce First Quarter 2021 Earnings on June 3, 2020

    Smartsheet Inc. (NYSE: SMAR), the platform for enterprise achievement, today announced that it will release its financial results for its first quarter of fiscal year 2021 which ended April 30, 2020 after the close of U.S. financial markets on June 3, 2020. Smartsheet executives will host a conference call that day at 4:30 p.m. ET (1:30 p.m. PT) to discuss the results. The dial-in number to access the call will be (877) 274-9243 or (647) 689-5417 (outside of the US). The conference ID is 4242968.

  • These tech giants may be gearing up for post COVID-19 acquisitions
    Yahoo Finance

    These tech giants may be gearing up for post COVID-19 acquisitions

    Slack and Dropbox have built up cash war chests and may be on the prowl for acquisitions.

  • Dropbox CEO wants to 'organize your work and help you focus'
    Yahoo Finance

    Dropbox CEO wants to 'organize your work and help you focus'

    Yahoo Finance catches up with Dropbox co-founder and CEO Drew Houston to discuss the future for the tech outfit after the COVID-19 pandemic.

  • Is Now The Time To Look At Buying Smartsheet Inc. (NYSE:SMAR)?
    Simply Wall St.

    Is Now The Time To Look At Buying Smartsheet Inc. (NYSE:SMAR)?

    Smartsheet Inc. (NYSE:SMAR), which is in the software business, and is based in United States, received a lot of...

  • Most Americans Feel Less Connected While Working From Home
    Motley Fool

    Most Americans Feel Less Connected While Working From Home

    While a few states have begun to relax their stay-at-home orders -- and a handful never imposed them -- about 290 million Americans remain under state- or municipality-imposed restrictions that prevent all but essential workers from going to their jobs. The Motley Fool has a disclosure policy.

  • Workplace Survey Finds Nearly 90% of Young Workers Having Difficulty Working Remote
    Business Wire

    Workplace Survey Finds Nearly 90% of Young Workers Having Difficulty Working Remote

    Smartsheet (NYSE: SMAR), the platform for enterprise achievement, today announced that 89% of Generation Z and 91% of Millennial workers report difficulty working from home as a result of COVID-19, according to a global survey of professionals conducted by ENGINE INSIGHTS and commissioned by Smartsheet.

  • Survey Uncovers Over 90% of Young Workforce Having Difficulty Working Remote
    Business Wire

    Survey Uncovers Over 90% of Young Workforce Having Difficulty Working Remote

    Smartsheet (NYSE: SMAR), the platform for enterprise achievement, today announced that young Australian workers including 93% of Generation Z and 90% of Millennials are reporting difficulty working remotely as a result of COVID-19, according to a survey of professionals conducted by ENGINE INSIGHTS and commissioned by Smartsheet.

  • Over 90% of Young Workers Having Difficulty Working from Home, Survey Finds
    Business Wire

    Over 90% of Young Workers Having Difficulty Working from Home, Survey Finds

    Smartsheet (NYSE: SMAR), the platform for enterprise achievement, today announced that despite being more tech fluent, 95% of Generation Z and 93% of Millennial workers report difficulty working from home as a result of COVID-19, according to a survey of professionals conducted by ENGINE INSIGHTS and commissioned by Smartsheet.

  • Bloomberg

    Slack and Zoom Seize the Day, But Will They Stick?

    (Bloomberg Opinion) -- The coronavirus is changing the way we work. As more governments implement stricter shelter-in-place orders, corporations and their employees are scrambling to figure out how to conduct business operations in a work-at-home world. First, new hardware is required. Sales of monitors, webcams and laptops are soaring as people build out their home offices. But that’s the easy part.The bigger issue is how to enable similar levels of productivity without the many brief conversations and in-person meetings during a typical day at the office. To accomplish this, companies are increasingly turning to a handful upstarts in the aptly named workforce collaboration software category. These are the tools, initially designed for use in an office, which the world has now discovered work so well when trying to stay connected remotely, from video conferencing to electronic messaging platforms. And as they gain traction in the home workspace, it seems more and more likely they’ll stick once we’re all back in the office again, accelerating a trend toward greater usage that was happening anyway.Three tools that particularly stand out come from Zoom Video Communications Inc., Slack Technologies, Inc.  and Smartsheet Inc. What these companies have in common is they are upstarts, their products are arguably best-in-class for what they do and they’ve all seen their shares jump amid the widening coronavirus crisis.As recently as a couple months ago, the companies faced challenges in trying to raise awareness for their offerings. Microsoft Corp. and Cisco Systems, Inc. have much larger marketing budgets and deeper relationships with Fortune 500 tech buyers. Well that is less of a problem now. The need to just get work done has become a showcase opportunity for the best-of-breed software vendors to break through the noise and put some distance between their products and  the tech-industry goliaths’ less-capable offerings.Zoom is further along in the brand-awareness process. By now, everyone knows how the company is thriving as the video-conferencing pure play of choice. Earlier this month, Zoom CEO Eric Yuan said on a call, “Given this coronavirus, I think that overnight almost every business really understands they needed a tool like this. This will dramatically change the landscape.” Last week, Bernstein’s survey of 516 working adults revealed Zoom’s momentum continues to rise. Based on an analysis of responses, the data implied Zoom’s boost in usage among knowledge workers was more than double, versus any other vendor since the coronavirus crisis began. Zoom’s success will have ramifications for when the crisis ends too. As businesses get acclimated to using inexpensive, high-quality videoconferencing, executives may realize the prior level of travel spend simply isn’t worth the cost.Smartsheet is also flourishing in the moment. The company makes software that automates business processes and workflows without requiring technical programming skills. For example, it can replace the manual data entry into Excel spreadsheets by using automatically updated web-enabled forms, improving accuracy and productivity. Earlier this month, the company posted 58% quarterly billings growth for its fiscal fourth quarter and said it wasn’t seeing a negative impact from the coronavirus.And then there’s Slack. The messaging platform has seen a surge in demand for its service, and as a hard-core user myself, I can vouch for how Slack has improved communications with colleagues inside and outside the office. Compared to email, it enables a faster form of iterative communication, similar to a back-and-forth real-life discussion with a co-worker, saving time and increasing understanding. Perhaps even more important, the software offers a searchable repository of conversations, documents and files that enables an efficient knowledge transfer to other team members.Many companies have started realizing Slack’s utility in recent weeks. Late Wednesday — in a now-epic tweet thread chronicling the explosion in demand for Slack and pressures on the company to meet it — CEO Butterfield revealed updated growth metrics for the current quarter, and they were jaw-dropping. In about two months, Slack had acquired 9,000 new paid customers, a figure 80% higher than the roughly 5,000 in each of the prior two quarters. Average messages sent per day per user were also up 20%.Slack shares rose 10% Thursday as investors cheered the improving metrics, and have largely held that gain since.  It’s important to note that even after these gains, Slack is trading only a few dollars above its $26-a-share initial direct-listing price in June 2019, and for much of its time as a public company has traded below that level. Moreover, there is no guarantee the rising usage will translate into a permanent customer base; there will be some users, perhaps, who drop the service when things are working more normally. And there may be major corporate layoffs and losses from economic shocks that could make larger enterprise deals more difficult to close. Butterfield himself is aware of this, saying Friday in an interview with Bloomberg Television that the company’s current pace of growth “is just not sustainable … We would have the whole world on it in a couple of months if we kept going.”But as workers form new ingrained habits using these tools, they will become that much harder to give up. This points to better sustainable results for Zoom, Slack and Smartsheet over time.This column does not necessarily reflect the opinion of Bloomberg LP and its owners.Tae Kim is a Bloomberg Opinion columnist covering technology. He previously covered technology for Barron's, following an earlier career as an equity analyst.For more articles like this, please visit us at bloomberg.com/opinionSubscribe now to stay ahead with the most trusted business news source.©2020 Bloomberg L.P.

  • CORRECTING and REPLACING Smartsheet Provides COVID-19 Resources for Government Agencies
    Business Wire

    CORRECTING and REPLACING Smartsheet Provides COVID-19 Resources for Government Agencies

    Please note the removal of "for 120 days" from the end of the first sentence, first paragraph of the release dated March 18, 2020.

  • Business Wire

    Smartsheet Inc. Announces Fourth Quarter and Full Fiscal Year 2020 Results

    Smartsheet Inc. Announces Fourth Quarter and Full Fiscal Year 2020 Results

  • Estimating The Intrinsic Value Of Smartsheet Inc. (NYSE:SMAR)
    Simply Wall St.

    Estimating The Intrinsic Value Of Smartsheet Inc. (NYSE:SMAR)

    Today we will run through one way of estimating the intrinsic value of Smartsheet Inc. (NYSE:SMAR) by projecting its...

  • If You Had Bought Smartsheet (NYSE:SMAR) Shares A Year Ago You'd Have Made 66%
    Simply Wall St.

    If You Had Bought Smartsheet (NYSE:SMAR) Shares A Year Ago You'd Have Made 66%

    If you want to compound wealth in the stock market, you can do so by buying an index fund. But you can significantly...

  • Why this stealth tech company's stock has surged 80%
    Yahoo Finance

    Why this stealth tech company's stock has surged 80%

    Smartsheet has flown completely under Wall Street's radar. Yahoo Finance speaks with the company's CEO Mark Mader.

  • Smartsheet (SMAR) Q3 Earnings and Revenues Beat Estimates
    Zacks

    Smartsheet (SMAR) Q3 Earnings and Revenues Beat Estimates

    Smartsheet (SMAR) third-quarter fiscal 2020 results benefit from customer wins and growth in business value.

  • Smartsheet (SMAR) Reports Q3 Loss, Tops Revenue Estimates
    Zacks

    Smartsheet (SMAR) Reports Q3 Loss, Tops Revenue Estimates

    Smartsheet (SMAR) delivered earnings and revenue surprises of 16.67% and 2.58%, respectively, for the quarter ended October 2019. Do the numbers hold clues to what lies ahead for the stock?

  • Smartsheet (SMAR) to Report Q3 Earnings: What's in the Cards?
    Zacks

    Smartsheet (SMAR) to Report Q3 Earnings: What's in the Cards?

    Benefits of wider client base and higher marketing expenditure are likely to get reflected in Smartsheet's (SMAR) third-quarter fiscal 2020 results.

  • Chegg (CHGG) Tops Q3 Earnings Estimates, Raises '19 View
    Zacks

    Chegg (CHGG) Tops Q3 Earnings Estimates, Raises '19 View

    Chegg (CHGG) reports strong results in third-quarter 2019 on the back of solid Chegg Services subscribers.

  • Has Smartsheet (SMAR) Outpaced Other Computer and Technology Stocks This Year?
    Zacks

    Has Smartsheet (SMAR) Outpaced Other Computer and Technology Stocks This Year?

    Is (SMAR) Outperforming Other Computer and Technology Stocks This Year?

  • This Insider Has Just Sold Shares In Smartsheet Inc. (NYSE:SMAR)
    Simply Wall St.

    This Insider Has Just Sold Shares In Smartsheet Inc. (NYSE:SMAR)

    Some Smartsheet Inc. (NYSE:SMAR) shareholders may be a little concerned to see that the Chair of the Board of...

  • Do Directors Own Smartsheet Inc. (NYSE:SMAR) Shares?
    Simply Wall St.

    Do Directors Own Smartsheet Inc. (NYSE:SMAR) Shares?

    The big shareholder groups in Smartsheet Inc. (NYSE:SMAR) have power over the company. Institutions will often hold...