SMRT
SMRT 1-star rating from Upturn Advisory

SmartRent Inc (SMRT)

SmartRent Inc (SMRT) 1-star rating from Upturn Advisory
$1.35
Last Close (24-hour delay)
upturn advisory logo
PASS
  • BUY Advisory
  • SELL Advisory (Profit)
  • SELL Advisory (Loss)
  • Profit
  • Loss
  • Pass (Skip investing)
Upturn Stock price based on last close icon Stock price based on last close
*as per simulation
(see disclosures)
Time period over
  • ALL
  • 1Y
  • 1M
  • 1W

Upturn Advisory Summary

11/04/2025: SMRT (1-star) is currently NOT-A-BUY. Pass it for now.

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 $1.6

1 Year Target Price $1.6

Analysts Price Target For last 52 week
$1.6 Target price
52w Low $0.67
Current$1.35
52w High $1.99

Analysis of Past Performance

Type Stock
Historic Profit -2.26%
Avg. Invested days 32
Today’s Advisory PASS
Upturn Star Rating upturn star rating icon
Upturn Advisory Performance Upturn Advisory Performance icon 3.0
Stock Returns Performance Upturn Returns Performance icon 1.0
Upturn Profits based on simulation icon Profits based on simulation
Upturn last close icon Last Close 11/04/2025

Key Highlights

Company Size Small-Cap Stock
Market Capitalization 255.78M USD
Price to earnings Ratio -
1Y Target Price 1.6
Price to earnings Ratio -
1Y Target Price 1.6
Volume (30-day avg) 2
Beta 1.84
52 Weeks Range 0.67 - 1.99
Updated Date 11/4/2025
52 Weeks Range 0.67 - 1.99
Updated Date 11/4/2025
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 2025-11-05
When -
Estimate -0.04
Actual -

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 157147040
Price to Sales(TTM) 1.64
Enterprise Value 157147040
Price to Sales(TTM) 1.64
Enterprise Value to Revenue 1.01
Enterprise Value to EBITDA -6.21
Shares Outstanding 188070618
Shares Floating 158453257
Shares Outstanding 188070618
Shares Floating 158453257
Percent Insiders 16.31
Percent Institutions 54.22

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 went public through a SPAC merger in 2021. The company provides smart home automation solutions for property owners and managers.

Company business area logo Core Business Areas

  • Smart Home Automation: Provides a full suite of smart home technology and management software for residential properties. Includes smart locks, thermostats, sensors, and other devices.
  • Property Management Software: Offers a cloud-based platform for managing and monitoring smart devices across multiple properties.
  • Professional Services: Provides installation, support, and maintenance services for its smart home solutions.

leadership logo Leadership and Structure

Lucas Haldeman is the CEO. The company operates with a functional organizational structure, with departments focused on sales, marketing, engineering, and operations.

Top Products and Market Share

Product Key Offerings logo Key Offerings

  • Smart Locks: Keyless entry systems for apartments and other residential properties. Simplifies access management and enhances security. Competitors include Allegion (ALLE), Assa Abloy, and Yale. Market share data unavailable.
  • Smart Thermostats: Energy-efficient thermostats that can be controlled remotely. Integrates with property management systems to optimize energy usage. Competitors include Resideo Technologies (REZI), Ecobee, and Nest. Market share data unavailable.
  • Smart Sensors: Detects water leaks, smoke, and other potential hazards. Enhances safety and reduces property damage. Competitors include Notion (Comcast owned), Roost, and other IoT sensor providers. Market share data unavailable.
  • Smart Hub: Connects all the smart devices together via wireless technology (Z-Wave). There are also options for wired connections. No specific competitor but more of a technology which is Z-wave technology, Wi-Fi technology. Market share data unavailable.

Market Dynamics

industry overview logo Industry Overview

The smart home market is experiencing rapid growth, driven by increasing demand for automation, security, and energy efficiency. The multifamily housing sector is a key target market for SmartRent.

Positioning

SmartRent focuses on providing integrated smart home solutions for property owners and managers. Its competitive advantage lies in its comprehensive platform and focus on the multifamily sector.

Total Addressable Market (TAM)

Estimates suggest a TAM of $200 Billion. SmartRent is positioned well to capture a significant portion of this with its focus on multifamily homes.

Upturn SWOT Analysis

Strengths

  • Integrated platform
  • Focus on multifamily housing
  • Recurring revenue model
  • Established partnerships with property owners

Weaknesses

  • Relatively new company
  • Dependence on property owner adoption
  • Negative profitability
  • High operating expenses

Opportunities

  • Expansion into new geographies
  • Development of new smart home features
  • Partnerships with other technology providers
  • Increasing demand for smart home solutions

Threats

  • Competition from larger technology companies
  • Economic downturn affecting property investment
  • Changes in technology standards
  • Data security and privacy concerns

Competitors and Market Share

Key competitor logo Key Competitors

  • Alarm.com (ALRM)
  • Resideo Technologies (REZI)
  • ADT (ADT)

Competitive Landscape

SmartRent's advantages include its integrated platform and focus on the multifamily sector. Its disadvantages include its relatively small size and limited profitability compared to larger competitors like Alarm.com, Resideo, and ADT.

Major Acquisitions

iHomefinder

  • Year: 2021
  • Acquisition Price (USD millions): 14.1
  • Strategic Rationale: Expanded SmartRent's offerings by adding a platform for real estate portals and agent tools.

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 housing sector.

Future Projections: Analysts project continued revenue growth for SmartRent, but profitability remains a key challenge. Future growth will depend on the company's ability to control operating expenses and expand its market share.

Recent Initiatives: Recent initiatives include expanding partnerships with property owners and developing new smart home features.

Summary

SmartRent demonstrates strong growth potential in the expanding smart home market, particularly within multifamily housing. While revenue is increasing, persistent profitability challenges and high operating expenses pose significant concerns. Successful cost management and market share expansion are crucial for SmartRent's long-term success, while the company must also watch out for growing competition.

Similar Stocks

Sources and Disclaimers

Data Sources:

  • SmartRent Inc. SEC Filings (10-K, 10-Q)
  • Market research reports on the smart home industry
  • Analyst reports on SmartRent Inc.

Disclaimers:

This analysis is for informational purposes only and should not be considered financial advice. Market conditions and company performance can change rapidly, and investors should conduct their own due diligence before making any investment decisions.

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.

Information icon warning about potential inaccuracies or hallucinations in Upturn AI-generated summaries 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.