Smartsheet Analysts Increase Their Forecasts After Upbeat Earnings
Portfolio Pulse from Avi Kapoor
Smartsheet Inc. (NYSE:SMAR) reported strong Q2 earnings, beating expectations and raising its FY25 EPS outlook. Analysts have increased their price targets for the company, reflecting positive sentiment.
September 06, 2024 | 1:24 pm
News sentiment analysis
Sort by:
Ascending
POSITIVE IMPACT
Smartsheet reported better-than-expected Q2 earnings and raised its FY25 EPS outlook, leading to increased price targets from analysts. The stock closed up 4.3% following the news.
Smartsheet's strong Q2 performance and raised FY25 EPS outlook indicate robust business growth, prompting analysts to raise price targets. The stock's 4.3% increase reflects positive market reaction.
CONFIDENCE 100
IMPORTANCE 90
RELEVANCE 100