What 6 Analyst Ratings Have To Say About Smartsheet
Portfolio Pulse from Benzinga Insights
Over the last quarter, Smartsheet (NYSE:SMAR) received 6 analyst ratings: 3 bullish, 2 somewhat bullish, and 1 indifferent. The average price target is $53.17, suggesting an upside from the current price of $45.555. This target has decreased by 1.54% from the previous target of $54.00. Analysts use various data sources to provide ratings and forecasts, which can influence investor decisions but are subject to human error.
December 08, 2023 | 3:00 pm
News sentiment analysis
Sort by:
Ascending
POSITIVE IMPACT
Smartsheet has received mostly positive ratings from analysts, with an average price target of $53.17, which is higher than its current price. The recent decrease in the target price may slightly temper expectations.
The predominance of bullish and somewhat bullish ratings suggests a positive outlook for Smartsheet's stock in the short term. The average price target being above the current stock price indicates an expected upside. However, the slight decrease in the average price target may reflect a tempering of optimism, which could limit the potential stock price increase.
CONFIDENCE 80
IMPORTANCE 75
RELEVANCE 100