SMRT
SMRT 1-star rating from Upturn Advisory

SmartRent Inc (SMRT)

SmartRent Inc (SMRT) 1-star rating from Upturn Advisory
$1.88
Last Close (24-hour delay)
Profit since last BUY8.05%
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Upturn Advisory Summary

12/04/2025: SMRT (1-star) has a low Upturn Star Rating. Not recommended to BUY.

Upturn Star Rating

Upturn 1 star rating for performance

Not Recommended Performance

These Stocks/ETFs, based on Upturn Advisory, consistently fall short of market performance, signaling caution before investing.

Number of Analysts

1 star rating from financial analysts

2 Analysts rated it

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

1 Year Target Price $1.73

1 Year Target Price $1.73

Analysts Price Target For last 52 week
$1.73 Target price
52w Low $0.67
Current$1.88
52w High $1.93

Analysis of Past Performance

Type Stock
Historic Profit 5.61%
Avg. Invested days 28
Today’s Advisory Consider higher Upturn Star rating
Upturn Star Rating upturn star rating icon
Upturn Advisory Performance Upturn Advisory Performance icon 3.0
Stock Returns Performance Upturn Returns Performance icon 2.0
Upturn Profits based on simulation icon Profits based on simulation
Upturn last close icon Last Close 12/04/2025

Key Highlights

Company Size Small-Cap Stock
Market Capitalization 344.35M USD
Price to earnings Ratio -
1Y Target Price 1.73
Price to earnings Ratio -
1Y Target Price 1.73
Volume (30-day avg) 2
Beta 1.84
52 Weeks Range 0.67 - 1.93
Updated Date 12/4/2025
52 Weeks Range 0.67 - 1.93
Updated Date 12/4/2025
Dividends yield (FY) -
Basic EPS (TTM) -0.36

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 2025-11-05
When -
Estimate -0.04
Actual -0.0338

Profitability

Profit Margin -45.45%
Operating Margin (TTM) -19.41%

Management Effectiveness

Return on Assets (TTM) -7.95%
Return on Equity (TTM) -25.48%

Valuation

Trailing PE -
Forward PE 47.62
Enterprise Value 250428314
Price to Sales(TTM) 2.28
Enterprise Value 250428314
Price to Sales(TTM) 2.28
Enterprise Value to Revenue 1.66
Enterprise Value to EBITDA -6.21
Shares Outstanding 189200722
Shares Floating 169427355
Shares Outstanding 189200722
Shares Floating 169427355
Percent Insiders 16.21
Percent Institutions 56.56

Icon representing Upturn AI-generated SWOT analysis summary Upturn AI SWOT

SmartRent Inc

SmartRent Inc(SMRT) company logo displayed in Upturn AI summary

Company Overview

Company history and background logo History and Background

SmartRent Inc. was founded in 2017. It is a technology company focused on providing smart home automation solutions for property owners, managers, and residents. They went public via SPAC merger in August 2021.

Company business area logo Core Business Areas

  • Smart Home Automation Platform: Offers a suite of hardware and software solutions that enable property owners and managers to remotely monitor and control various aspects of their properties, including locks, lights, thermostats, and leak sensors.
  • Resident Mobile App: Provides residents with a convenient way to manage their smart home devices, access building amenities, and communicate with property management.
  • Professional Services: Offers installation, maintenance, and support services to ensure seamless integration and ongoing performance of their smart home solutions.

leadership logo Leadership and Structure

Lucas Haldeman serves as the CEO. The company has a typical corporate structure with departments focused on sales, marketing, product development, engineering, and customer support.

Top Products and Market Share

Product Key Offerings logo Key Offerings

  • Smart Locks: Keyless entry systems for residential units. SmartRent claims its system reduce management operational expenses and turnover costs. Competitors include Allegion (ALLE) and Assa Abloy (ASAZY).
  • Smart Hub: Connects all smart devices within a property. It enables remote control and monitoring. The number of users is tied to the number of properties deploying their solutions. Competitors include Honeywell (HON) and Johnson Controls (JCI).
  • Leak Sensors: Detects water leaks to prevent property damage. Competitors include Resideo Technologies (REZI).

Market Dynamics

industry overview logo Industry Overview

The smart home market is experiencing rapid growth, driven by increasing consumer demand for convenience, security, and energy efficiency. The multifamily housing sector is adopting smart home technologies to enhance property value, improve resident experience, and streamline operations.

Positioning

SmartRent Inc. focuses specifically on the multifamily housing market, providing tailored solutions for property owners and managers. This specialization gives them a competitive advantage over broader smart home providers.

Total Addressable Market (TAM)

The TAM for smart apartment solutions is estimated to be tens of billions of dollars. SmartRent is positioned to capture a significant portion of this market through its comprehensive platform and established relationships with property owners.

Upturn SWOT Analysis

Strengths

  • Specialized focus on the multifamily housing market
  • Comprehensive smart home automation platform
  • Strong relationships with property owners and managers
  • Recurring revenue model

Weaknesses

  • Relatively small company compared to larger competitors
  • Dependence on the multifamily housing market
  • Profitability Concerns
  • Supply Chain vulnerabilities

Opportunities

  • Expansion into new geographic markets
  • Development of new smart home features and integrations
  • Partnerships with other technology providers
  • Increased adoption of smart home technologies in the multifamily sector

Threats

  • Competition from larger smart home providers
  • Economic downturn impacting the multifamily housing market
  • Data security and privacy concerns
  • Changes in technology standards

Competitors and Market Share

Key competitor logo Key Competitors

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

Competitive Landscape

SmartRent Inc. faces competition from larger smart home providers with broader product portfolios. However, SmartRent's focus on the multifamily housing market and comprehensive platform give it a competitive advantage. Requires updated numbers based on market trends.

Major Acquisitions

iOTAS

  • Year: 2021
  • Acquisition Price (USD millions): 105
  • Strategic Rationale: Expanded SmartRent's smart home capabilities and customer base in the multifamily housing market. iOTAS was a direct competitor of SmartRent

Growth Trajectory and Initiatives

Historical Growth: SmartRent has experienced rapid growth in recent years, driven by the increasing adoption of smart home technologies in the multifamily sector.

Future Projections: Future growth is projected to be strong, driven by continued adoption of smart home technologies and expansion into new markets. Analysts expect revenue growth to continue at a high rate.

Recent Initiatives: Recent initiatives include the launch of new smart home features, expansion into new geographic markets, and strategic partnerships with other technology providers.

Summary

SmartRent shows promise with its specialized focus on multifamily smart home automation, driving revenue growth. However, it faces competition and profitability challenges. Continued expansion and strategic partnerships are vital, with close attention to competitive dynamics and market conditions. Financial performance requires monitoring to ensure sustainability.

Similar Stocks

Sources and Disclaimers

Data Sources:

  • Company Website
  • SEC Filings
  • Industry Reports
  • Analyst Reports

Disclaimers:

The information provided is for informational purposes only and should not be considered financial advice. Market conditions and company performance are subject to change.

Information icon for Upturn AI Summarization accuracy disclaimer AI Summarization is directionally correct and might not be accurate.

Information icon for Upturn AI Summarization data freshness disclaimer Summarized information shown could be a few years old and not current.

Information icon warning about Upturn AI Fundamental Rating based on potentially old data Fundamental Rating based on AI could be based on old data.

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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.