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SMRT
Upturn stock ratingUpturn stock rating

SmartRent Inc (SMRT)

Upturn stock ratingUpturn stock rating
$1.45
Last Close (24-hour delay)
Profit since last BUY30.63%
upturn advisory
Consider higher Upturn Star rating
BUY since 41 days
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  • SELL Advisory (Loss)​
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Upturn Stock infoUpturn Stock info Stock price based on last close
*as per simulation
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Time period over
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Upturn Advisory Summary

08/28/2025: SMRT (2-star) has a low Upturn Star Rating. Not recommended to BUY.

Upturn Star Rating

rating

Below Average Performance

These Stocks/ETFs, based on Upturn Advisory, often underperform the market, warranting careful consideration before investing.

Number of Analysts

rating

2 Analysts rated it

Very few follow this stock; limited insights, higher-risk early investing.

1 Year Target Price $1.48

1 Year Target Price $1.48

Analysts Price Target For last 52 week
$1.48 Target price
52w Low $0.67
Current$1.45
52w High $1.99

Analysis of Past Performance

Type Stock
Historic Profit 2.7%
Avg. Invested days 27
Today’s Advisory Consider higher Upturn Star rating
Upturn Star Rating Upturn stock ratingUpturn stock rating
Upturn Advisory Performance Upturn Advisory Performance 3.0
Stock Returns Performance Upturn Returns Performance 1.0
Upturn Profits based on simulationUpturn Profits based on simulation Profits based on simulation
Upturn Profits based on simulationUpturn Profits based on simulation Last Close 08/28/2025

Key Highlights

Company Size Small-Cap Stock
Market Capitalization 276.46M USD
Price to earnings Ratio -
1Y Target Price 1.48
Price to earnings Ratio -
1Y Target Price 1.48
Volume (30-day avg) 2
Beta 1.82
52 Weeks Range 0.67 - 1.99
Updated Date 08/29/2025
52 Weeks Range 0.67 - 1.99
Updated Date 08/29/2025
Dividends yield (FY) -
Basic EPS (TTM) -0.38

Analyzing Revenue: Products, Geography and Growth

Revenue by Products

Product revenue - Year on Year

Revenue by Geography

Geography revenue - Year on Year

Earnings Date

Report Date 2025-08-06
When -
Estimate -0.04
Actual -0.06

Profitability

Profit Margin -46.54%
Operating Margin (TTM) -31.24%

Management Effectiveness

Return on Assets (TTM) -8.19%
Return on Equity (TTM) -25.48%

Valuation

Trailing PE -
Forward PE 47.62
Enterprise Value 174073396
Price to Sales(TTM) 1.78
Enterprise Value 174073396
Price to Sales(TTM) 1.78
Enterprise Value to Revenue 1.12
Enterprise Value to EBITDA -6.21
Shares Outstanding 188071008
Shares Floating 159056964
Shares Outstanding 188071008
Shares Floating 159056964
Percent Insiders 16.07
Percent Institutions 54.3

ai summary icon Upturn AI SWOT

SmartRent Inc

stock logo

Company Overview

overview logo History and Background

SmartRent, Inc. was founded in 2017, going public via SPAC in 2021. It provides smart home automation solutions for property managers and residents, aiming to streamline operations and improve the resident experience.

business area logo Core Business Areas

  • Smart Home Automation: Offers a suite of smart devices and software platform for property management, including smart locks, thermostats, sensors, and resident mobile app.
  • Managed Services: Provides professional installation, maintenance, and support services for its smart home systems.
  • Software Platform: A cloud-based platform integrating device control, resident communication, and property management workflows.

leadership logo Leadership and Structure

Lucas Haldeman serves as the CEO. The company operates with a typical corporate structure, including departments for sales, marketing, engineering, operations, and finance.

Top Products and Market Share

overview logo Key Offerings

  • Smart Locks: SmartRent offers a variety of smart locks, including keyless entry systems. Competitors include Schlage, Yale, and August. Specific market share data is difficult to obtain, but SmartRent holds a significant portion of the multifamily smart lock market. Competitors: Schlage, Yale, August
  • Smart Thermostats: SmartRent's smart thermostats help residents control temperature and energy consumption. Competitors include Nest, ecobee, and Honeywell. Competitors: Nest, Ecobee, Honeywell
  • Smart Sensors: SmartRent's sensors monitor for water leaks, smoke, and other hazards. Competitors: Roost, Notion. Competitors: Roost, Notion
  • Alloy Access Platform: An access management platform designed for multi-family resident access and security. Includes integrated locks and security devices. Competitors: Entrata, RealPage

Market Dynamics

industry overview logo Industry Overview

The smart home market, especially in the multifamily sector, is experiencing rapid growth. Increased demand for convenience, energy efficiency, and enhanced security is driving adoption.

Positioning

SmartRent positions itself as a leading provider of integrated smart home solutions for the multifamily industry, offering a comprehensive platform and services. Competitive advantages include its full-stack solution, focus on the multifamily market, and established partnerships.

Total Addressable Market (TAM)

The TAM for smart apartment technology is estimated to be in the billions of dollars, driven by the large number of multifamily units in the US and globally. SmartRent is positioned to capture a significant portion of this TAM through its comprehensive platform and focus on the multifamily market.

Upturn SWOT Analysis

Strengths

  • Comprehensive Product Suite
  • Focus on Multifamily Market
  • Established Partnerships
  • Strong Technological Expertise

Weaknesses

  • Dependence on Housing Market
  • Relatively Short Operating History
  • Potential for Integration Issues
  • Customer concentration risk

Opportunities

  • Expansion into New Geographies
  • Development of New Products and Services
  • Partnerships with Property Management Software Providers
  • Increased Adoption of Smart Home Technology

Threats

  • Increased Competition
  • Economic Downturn
  • Changes in Technology
  • Data Security and Privacy Concerns

Competitors and Market Share

competitor logo Key Competitors

  • ALRM
  • ADT
  • AAPL

Competitive Landscape

SmartRent competes with larger, more established players in the security and home automation markets. Its focus on the multifamily market provides a competitive advantage, but it also faces challenges from competitors with broader product portfolios and deeper pockets. Their strength lies in an integrated solution but it also makes it more expensive to implement and maintain

Major Acquisitions

iHomefinder

  • Year: 2022
  • Acquisition Price (USD millions): 17
  • Strategic Rationale: To enhance its resident portal and integrate more real estate-centric features.

Growth Trajectory and Initiatives

Historical Growth: SmartRent has experienced rapid revenue growth in recent years, driven by increased adoption of smart home technology in the multifamily market.

Future Projections: Future growth projections would depend on analyst estimates and market trends. Factors like housing starts, interest rates, and adoption rates of smart home technology would influence these projections.

Recent Initiatives: Recent initiatives may include new product launches, partnerships, and geographic expansion. These would be detailed in company press releases and investor presentations.

Summary

SmartRent has shown rapid growth in the multifamily smart home market. Its comprehensive product suite and strategic partnerships provide a strong foundation. The reliance on the housing market could be a problem. They will need to expand their solution to other sectors to maintain strong growth and long-term success.

Peer Comparison

Sources and Disclaimers

Data Sources:

  • SEC Filings (10-K, 10-Q), Company Press Releases, Market Research Reports, Analyst Reports

Disclaimers:

This analysis is for informational purposes only and does not constitute financial advice. Market share and financial data are estimates and may vary. Investment decisions should be based on thorough due diligence and consultation with a qualified financial advisor.

Upturn AI SummarizationUpturn AI Summarization AI Summarization is directionally correct and might not be accurate.

Upturn AI SummarizationUpturn AI Summarization Summarized information shown could be a few years old and not current.

Upturn AI SummarizationUpturn AI Summarization Fundamental Rating based on AI could be based on old data.

Upturn AI SummarizationUpturn AI Summarization AI-generated summaries may have inaccuracies (hallucinations). Please verify the information before taking action.

About SmartRent Inc

Exchange NYSE
Headquaters Scottsdale, AZ, United States
IPO Launch date 2021-02-05
CEO, President & Director Mr. Frank D. Martell
Sector Technology
Industry Software - Application
Full time employees 494
Full time employees 494

SmartRent, Inc., an enterprise real estate technology company, provides management software and applications to rental property owners and operators, property managers, homebuilders, developers, and residents in the United States and internationally. Its smart building hardware and cloud-based software-as-a-service solutions are designed to enhance visibility and control their real estate assets while providing all-in-one home control offerings for residents. The company's products and solutions include smart apartments and homes, access control for buildings, common areas, rental units, community and resident Wi-Fi, asset protection and monitoring, parking management, and self-guided tours. It also offers professional services to customers, which include training, installation, and support services. The company was founded in 2017 and is headquartered in Scottsdale, Arizona.