SmartRent, Inc., an enterprise software company, provides an integrated operating system for smart homes to residential property owners and operators, home builders, institutional home buyers, developers and residents of the United States. The company is headquartered in Scottsdale, Arizona.
| Revenue (TTM) | $149.66M |
| Gross Profit (TTM) | $51.39M |
| EBITDA | $-23.16M |
| Operating Margin | -13.10% |
| Return on Equity | -10.30% |
| Return on Assets | -5.30% |
| Revenue/Share (TTM) | $0.79 |
| Book Value | $1.20 |
| Price-to-Book | 0.96 |
| Price-to-Sales (TTM) | 1.38 |
| EV/Revenue | 0.858 |
| EV/EBITDA | -6.21 |
| Quarterly Earnings Growth (YoY) | 0.00% |
| Quarterly Revenue Growth (YoY) | -6.40% |
| Shares Outstanding | $192.84M |
| Float | $171.06M |
| % Insiders | 11.54% |
| % Institutions | 62.98% |
Volatility is currently expanding
PHOENIX--(BUSINESS WIRE)---- $SMRT #alloy--SmartRent today announced a multi-year strategic partnership with Hexaware Technologies.
AI-led support services, bill-to-cash solutions, and an agile lead-to-order process with Salesforce Revenue Cloud Advanced implementation MUMBAI, India and ISELIN, N.J. and LONDON, July 6, 2026 /PRNewswire/ -- Hexaware Technologies (NSE: HEXT), a global provider of IT solutions and services, today announced a strategic partnership with SmartRent, Inc. (NYSE: SMRT), a leading technology provider for apartment communities and smart operations solutions for the rental housing industry.
SmartRent is rated 'buy' but no longer a 'strong buy' due to mixed turnaround progress and execution risks. Recent quarters show improved gross margins but declining bookings and rising OpEx, challenging the stabilization narrative. Valuation estimate is lowered to a 5x ARR multiple, implying a $1.50+ target per share, reflecting sector and company-specific risks.
PHOENIX--(BUSINESS WIRE)---- $SMRT #alloy--SmartRent today announced the launch of Virtual Intercom, a reenvisioned, browser-based entry management system.
PHOENIX--(BUSINESS WIRE)---- $SMRT #alloy--SmartRent launches Climate Protection Mode, an industry-first thermostat feature that helps prevent costly weather-related property damage.
PHOENIX--(BUSINESS WIRE)---- $SMRT #alloy--SmartRent today announced the promotion of Pankaj Bansi to Chief Operating Officer.
SmartRent, Inc. (SMRT) Q1 2026 Earnings Call Transcript
PHOENIX--(BUSINESS WIRE)---- $SMRT #alloy--SmartRent today announced the launch of its strategic value-added reseller program to serve small and mid-market multifamily owners and operators.
PHOENIX--(BUSINESS WIRE)---- $SMRT #alloy--SmartRent will release first quarter 2026 results and host a conference call on Wednesday, May 6, 2026.
