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SMRT
Upturn stock ratingUpturn stock rating

SmartRent Inc (SMRT)

Upturn stock ratingUpturn stock rating
$1.11
Last Close (24-hour delay)
Profit since last BUY0%
upturn advisory
Consider higher Upturn Star rating
BUY since 2 days
  • BUY Advisory
  • SELL Advisory (Profit)​
  • SELL Advisory (Loss)​
  • Profit
  • Loss
  • Pass (Skip investing)
Upturn Stock infoUpturn Stock info Stock price based on last close
*as per simulation
(see disclosures)
Time period over
  • ALL
  • YEAR
  • MONTH
  • WEEK

Upturn Advisory Summary

07/03/2025: SMRT (1-star) has a low Upturn Star Rating. Not recommended to BUY.

Upturn Star Rating

rating

Not Recommended Performance

These Stocks/ETFs, based on Upturn Advisory, consistently fall short of market performance, signaling caution 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 $1.65

1 Year Target Price $1.65

Analysts Price Target For last 52 week
$1.65 Target price
52w Low $0.67
Current$1.11
52w High $2.56

Analysis of Past Performance

Type Stock
Historic Profit -21.38%
Avg. Invested days 19
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 07/03/2025

Key Highlights

Company Size Small-Cap Stock
Market Capitalization 208.88M USD
Price to earnings Ratio -
1Y Target Price 1.65
Price to earnings Ratio -
1Y Target Price 1.65
Volume (30-day avg) 2
Beta 1.77
52 Weeks Range 0.67 - 2.56
Updated Date 07/4/2025
52 Weeks Range 0.67 - 2.56
Updated Date 07/4/2025
Dividends yield (FY) -
Basic EPS (TTM) -0.34

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 -
When -
Estimate -
Actual -

Profitability

Profit Margin -39.9%
Operating Margin (TTM) -27.22%

Management Effectiveness

Return on Assets (TTM) -7.21%
Return on Equity (TTM) -22.66%

Valuation

Trailing PE -
Forward PE 47.62
Enterprise Value 90000141
Price to Sales(TTM) 1.26
Enterprise Value 90000141
Price to Sales(TTM) 1.26
Enterprise Value to Revenue 0.54
Enterprise Value to EBITDA -6.21
Shares Outstanding 188179008
Shares Floating 164065312
Shares Outstanding 188179008
Shares Floating 164065312
Percent Insiders 9.12
Percent Institutions 64.15

ai summary icon Upturn AI SWOT

SmartRent Inc

stock logo

Company Overview

overview logo History and Background

SmartRent Inc. was founded in 2017. It emerged to modernize property management through technology, focusing on smart home automation for rental properties. Initially serving a small market, it expanded rapidly through strategic partnerships and acquisitions.

business area logo Core Business Areas

  • Smart Home Automation: Provides hardware and software solutions for smart access control, smart thermostats, leak detection, and other smart home features in rental properties.
  • Property Management Software: Offers a unified platform for property managers to remotely manage and monitor properties, improving operational efficiency.
  • Connectivity Solutions: Provides cellular and Wi-Fi connectivity solutions to ensure consistent performance of smart home devices within rental properties.

leadership logo Leadership and Structure

The company is led by CEO Lucas Haldeman. The organizational structure is hierarchical, with departments focused on product development, sales, marketing, and operations.

Top Products and Market Share

overview logo Key Offerings

  • Smart Access Control: Provides keyless entry solutions for apartments and communities. Enables remote access and visitor management. Competitors include Allegion (ALLE) and Assa Abloy (ASAZY). No specific market share data available.
  • Smart Thermostats: Offers remote temperature control and energy management. Competitors include Resideo Technologies (REZI) and Emerson Electric Co. (EMR). No specific market share data available.
  • Ally Resident App: SmartRent's mobile app for residents that unifies property and smart home features. Used by over 2 million residents. No specific market share data available, but key differentiator.

Market Dynamics

industry overview logo Industry Overview

The smart home technology market for rental properties is growing rapidly, driven by increasing demand for convenience and efficiency. Property managers are adopting smart home solutions to attract and retain residents, reduce operating costs, and enhance property value.

Positioning

SmartRent Inc. positions itself as a leading provider of smart home solutions for rental properties, offering a comprehensive suite of products and services. Its competitive advantages include its integrated platform, extensive partner network, and strong brand reputation.

Total Addressable Market (TAM)

The TAM for smart apartment technology is estimated at over $30 billion. SmartRent is positioned to capture a significant portion of this TAM through its product offerings and market penetration.

Upturn SWOT Analysis

Strengths

  • Comprehensive product suite
  • Strong brand reputation
  • Extensive partner network
  • Scalable technology platform
  • First mover advantage

Weaknesses

  • High initial implementation costs
  • Dependence on property manager adoption
  • Limited brand awareness among consumers
  • Negative profitability

Opportunities

  • Expansion into new markets (e.g., single-family rentals)
  • Development of new product features (e.g., security systems)
  • Strategic partnerships with property management companies
  • Increased demand for smart home technology
  • Further acquisitions to broaden product scope.

Threats

  • Competition from larger technology companies
  • Economic downturn affecting rental market
  • Cybersecurity risks
  • Changing consumer preferences
  • Regulatory changes

Competitors and Market Share

competitor logo Key Competitors

  • ADT (ADT)
  • RealPage (RP)
  • Resideo Technologies (REZI)

Competitive Landscape

SmartRent offers a more integrated and comprehensive solution specifically designed for the rental market compared to broader players like ADT. RealPage integrates many property solutions and presents a significant competitor.

Major Acquisitions

IOTAS

  • Year: 2021
  • Acquisition Price (USD millions): 150
  • Strategic Rationale: Expanded SmartRent's smart home capabilities and customer base.

Growth Trajectory and Initiatives

Historical Growth: SmartRent Inc. has experienced rapid revenue growth since its founding, driven by increasing demand for smart home solutions in rental properties.

Future Projections: Analysts project continued revenue growth, but also anticipate continued losses in the short to medium term, followed by profitability longer term.

Recent Initiatives: Strategic partnerships with major property management firms, product innovations for security and energy management, focus on cost reduction and improved unit economics.

Summary

SmartRent is a high-growth company in the smart home rental market, showing promising revenue increases, yet it faces challenges with ongoing losses. Its integrated platform and strategic partnerships position it well, but profitability and competitive pressures require close attention. Further acquisitions will likely be a part of their growth strategy. SmartRentu2019s focus on the rental market gives them an edge, but scaling profitability will be critical.

Peer Comparison

Sources and Disclaimers

Data Sources:

  • Company SEC Filings (e.g., 10-K, 10-Q)
  • Analyst Reports
  • Industry Research Reports
  • Company Website and Press Releases

Disclaimers:

This analysis is based on available information and represents a snapshot in time. Market conditions and company performance can change. This is not financial advice.

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.