Vivint Smart Home, Inc., together with its subsidiaries, engages in the sale, installation, servicing, and monitoring of smart home and security systems primarily in the United States and Canada. The company's smart home platform includes cloud-enabled smart home operating systems; Vivint Assist, an AI-driven smart home automation and assistance software; software-enabled smart home devices; and tech-enabled services to educate, manage, and support the smart home. It also offers other devices, including control panel, security cameras and smoke alarms, door and window sensors, door locks, motion and tilt sensors, glass break detectors, key fobs, medical pendants, carbon monoxide detectors, flood sensors, and lamp modules. The company's solutions enable subscribers to interact with various aspects of home with voice or mobile device, including engaging with people at front door, and viewing live and recorded video inside and outside homes; and control thermostats, locks, lights, and garage doors, as well as managing movement of families, friends, and strangers. As of March 31, 2020, its smart home platform had approximately 1.5 million subscribers and managed approximately 20 million in-home devices. It markets its products through direct-to-home, inside sales channels, and retail partnerships programs. The company was founded in 1999 and is headquartered in Provo, Utah.
IPO Year: 2017
Exchange: NYSE
Website: vivint.com
| Date | Price Target | Rating | Analyst |
|---|---|---|---|
| 1/6/2022 | $11.00 | Outperform → Sector Perform | RBC Capital Mkts |
| 12/14/2021 | $17.00 → $11.00 | Outperform → In-line | Evercore ISI |
| 11/16/2021 | $17.00 | In-line → Outperform | Imperial Capital |
| 10/6/2021 | $14.00 → $10.00 | Equal-Weight | Morgan Stanley |
| 9/3/2021 | $15.00 | Outperform | RBC Capital Mkts |
| 8/4/2021 | $13.00 → $14.00 | Equal-Weight | Morgan Stanley |
4 - Vivint Smart Home, Inc. (0001713952) (Issuer)
4 - Vivint Smart Home, Inc. (0001713952) (Issuer)
4 - Vivint Smart Home, Inc. (0001713952) (Issuer)
4 - Vivint Smart Home, Inc. (0001713952) (Issuer)
4 - Vivint Smart Home, Inc. (0001713952) (Issuer)
4 - Vivint Smart Home, Inc. (0001713952) (Issuer)
4 - Vivint Smart Home, Inc. (0001713952) (Issuer)
4 - Vivint Smart Home, Inc. (0001713952) (Issuer)
4 - Vivint Smart Home, Inc. (0001713952) (Issuer)
4 - Vivint Smart Home, Inc. (0001713952) (Issuer)
15-12G - Vivint Smart Home, Inc. (0001713952) (Filer)
EFFECT - Vivint Smart Home, Inc. (0001713952) (Filer)
25-NSE - Vivint Smart Home, Inc. (0001713952) (Subject)
S-8 POS - Vivint Smart Home, Inc. (0001713952) (Filer)
S-8 POS - Vivint Smart Home, Inc. (0001713952) (Filer)
S-8 POS - Vivint Smart Home, Inc. (0001713952) (Filer)
S-8 POS - Vivint Smart Home, Inc. (0001713952) (Filer)
POS AM - Vivint Smart Home, Inc. (0001713952) (Filer)
8-K - Vivint Smart Home, Inc. (0001713952) (Filer)
8-K - Vivint Smart Home, Inc. (0001713952) (Filer)
RBC Capital Mkts downgraded Vivint Smart Home from Outperform to Sector Perform and set a new price target of $11.00
Evercore ISI downgraded Vivint Smart Home from Outperform to In-line and set a new price target of $11.00 from $17.00 previously
Imperial Capital upgraded Vivint Smart Home from In-line to Outperform and set a new price target of $17.00
Morgan Stanley reiterated coverage of Vivint Smart Home with a rating of Equal-Weight and set a new price target of $10.00 from $14.00 previously
RBC Capital Mkts resumed coverage of Vivint Smart Home with a rating of Outperform and set a new price target of $15.00
Morgan Stanley reiterated coverage of Vivint Smart Home with a rating of Equal-Weight and set a new price target of $14.00 from $13.00 previously
Morgan Stanley reiterated coverage of Vivint Smart Home with a rating of Equal-Weight and set a new price target of $13.00 from $23.00 previously
Goldman upgraded Vivint Smart Home from Neutral to Buy and set a new price target of $24.00 from $21.00 previously
Deutsche Bank Aktiengesellschaft upgraded Vivint Smart Home from Hold to Buy
Deutsche Bank upgraded Vivint Smart Home from Hold to Buy and set a new price target of $21.00
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Acquisition Positions NRG as the Leading Essential Home Services Provider, Accelerating Growth Plan NRG Energy, Inc. (NYSE:NRG) and Vivint Smart Home, Inc. (NYSE:VVNT) today announced they have entered into a definitive agreement under which NRG will acquire Vivint for $12 per share or $2.8 billion in an all-cash transaction with an implied multiple of 6.3x run-rate Enterprise Value to Adjusted EBITDA. The agreement has been unanimously approved by the boards of directors of both companies. Vivint Smart Home is a leading smart home platform company whose mission is to help its nearly two million customers live intelligently by providing them with technology, products, and services to crea
Revenue grew by nearly 14% (more than 18% after normalizing for Canadian divestiture), driven by strong growth in total subscribers, an all-time high in average monthly recurring revenue per user, and significant contribution from Smart Energy offering Operating metrics continue to perform near record levels, with attrition at 11.0% and net service cost per subscriber at $9.43, an all-time low Raising full-year outlook for total subscribers, revenue, and adjusted EBITDA Vivint Smart Home, Inc. (NYSE:VVNT), a leading smart home company, today announced results for the third quarter and nine months ended September 30, 2022. Third Quarter Financial Highlights (vs. prior-year period) Reve
Vivint Smart Home, Inc. (NYSE:VVNT) will discuss its third quarter 2022 results on Tuesday, November 8, 2022, at 5:00 p.m. Eastern Time. The Company plans to post a press release reporting its results and related presentation slides on the Investor Relations section of its website at https://investors.vivint.com/home/default.aspx after the close of the financial markets on November 8, 2022. Webcast and Conference Call Details Date: Tuesday, November 8, 2022 Time: 5:00 p.m. Eastern Time / 3:00 p.m. Mountain Time Pre-register: https://www.netroadshow.com/events/login?show=3df2eae1&confId=42986 (access details will be sent via email following registration)
Granite Ridge is listed on the NYSE under the ticker symbol "GRNT" Granite Ridge is a scaled, non-operated oil and gas exploration and production company with an unlevered balance sheet and immediate free cash flow generation Granite Ridge initial enterprise value of $1.2 billion is underpinned by an anticipated 4.9% annual dividend yield and an attractive entry valuation multiple for investors Management team, sponsor economics and governance are highly aligned with public stockholders Grey Rock Investment Partners ("Grey Rock"), a Dallas-based investment firm, and Executive Network Partnering Corporation ("ENPC") (NYSE:ENPC), a special purpose acquisition entity, announced today
Revenue grew by 15% as attrition reached 17-quarter low of 10.9% and service cost per subscriber reached all-time low Adjusted for the divestiture of Canadian operations, revenue growth was 17.5% and attrition was 10.7% Vivint Smart Home, Inc. (NYSE:VVNT), a leading smart home company, today announced results for the second quarter ended June 30, 2022. Second Quarter Financial Highlights (vs. prior-year period) Revenue increased by $53.2 million to $407.3 million, representing an increase of 15% (17.5% ex Canada) Net loss improved by $67.1 million to a loss of $3.5 million Adjusted EBITDA(a) increased by $30.1 million to $189.7 million Originated 126,328 new subscribers, a record
Vivint Smart Home, Inc. (NYSE:VVNT) will discuss second quarter 2022 results on Monday, August 8, 2022, at 5:00 p.m. Eastern Time. The Company plans to post a press release reporting its results and related presentation slides on the Investor Relations section of its website at https://investors.vivint.com/home/default.aspx after the close of the financial markets on August 8, 2022 and prior to the conference call. Webcast and Conference Call Details Date: Monday, August 8, 2022 Time: 5:00 p.m. Eastern Time / 3:00 p.m. Mountain Time Dial-in: United States (Toll Free): 1-844-200-6205 / International (Toll): +1-929-526-1599 Access Code: 072041 Webcast (
Revenue grew ~15% as company reported record 66,734 new subscribers and 15-quarter-low attrition of 11.2% Vivint Smart Home, Inc. (NYSE:VVNT), a leading smart home company, today announced results for the first quarter ended March 31, 2022. "Our strong track record of execution as a public company continued through the first quarter of 2022," said David Bywater, CEO of Vivint Smart Home. "We remain committed to profitable growth as evidenced by our revenue increase of nearly 15%, improvement in net loss of more than 69%, and adjusted EBITDA growth of almost 26%. We are particularly pleased with our attrition rate of 11.2% which was a 15-quarter low and a 60-basis point improvement versus
Vivint Smart Home, Inc. (NYSE:VVNT) will discuss first quarter 2022 results on Tuesday, May 3, 2022, at 4:30 p.m. Eastern Time. The Company plans to post a press release reporting its results and related presentation slides on the Investor Relations section of its website at https://investors.vivint.com/home/default.aspx after the close of the financial markets on May 3, 2022 and prior to the conference call. Webcast and Conference Call Details Date: Tuesday, May 3, 2022 Time: 4:30 p.m. Eastern Time / 2:30 p.m. Mountain Time Dial-in: North America/US (Toll Free): 1-844-200-6205 / International (Toll): +1-929-526-1599 Access Code: 344732 Webcast (liste
Originated record 360,509 new subscribers as revenue grew 18% and attrition reached 14-quarter low of 11.3% Vivint Smart Home, Inc. (NYSE:VVNT), a leading smart home company, today announced results for the fourth quarter and full year ended December 31, 2021. "Last year was extraordinary for Vivint," said David Bywater, CEO of Vivint Smart Home. "Our team delivered record results in 2021, adding more than 360,000 new subscribers while outperforming our full-year guidance on total subscribers, revenue, and adjusted EBITDA. Our attrition rate decreased to a 14-quarter low of 11.3%, which was 110 basis points lower than the prior year. We saw meaningful progress on our Smart Energy and Smar
Vivint Smart Home, Inc. (NYSE:VVNT) will discuss fourth quarter and full year 2021 results on Thursday, February 24, 2022, at 5:00 p.m. Eastern Time. The Company plans to post a press release reporting its results and related presentation slides on the Investor Relations section of its website at https://investors.vivint.com/home/default.aspx after the close of the financial markets on February 24, 2022 and prior to the conference call. Webcast and Conference Call Details Date: Thursday, February 24, 2022 Time: 5:00 p.m. Eastern Time / 3:00 p.m. Mountain Time Dial-in: North America/US (Toll Free): 1-844-200-6205 / International (Toll): +1-929-526-1599 Access Code
Industry Veteran Brings Deep Expertise in Payments, eCommerce, and Security, from Verifone and Other Notable Financial Services Firms CompoSecure, Inc. (NASDAQ:CMPO), a leader in payment, security, and authentication solutions, today announced the appointment of Paul Galant to its Board of Directors as an independent director. Mr. Galant is a seasoned executive with extensive experience in financial services, payments, and security technology. He has experience as a public company CEO at Verifone and he currently is an Operating Partner with Michael Klein & Company and Churchill Capital Company, L.L.C. Mr. Galant previously served as Senior Advisor at McKinsey & Company, was CEO of Bright
LOGAN, Utah, Aug. 25, 2022 /PRNewswire/ -- iFIT, a leader in connected fitness hardware, software and subscription content, announced today that Andy Donkin, former Chief Marketing Officer of Alexa Auto at Amazon, has joined iFIT as its Chief Customer Officer. Mr. Donkin brings to iFIT nearly 20+ years of marketing, e-commerce, sports marketing and digital subscription experience, with a significant understanding of business building across the content streaming, travel, gaming, and consumer goods industries. Collectively, Andy spent over nine years with Amazon as Alexa Auto's Chief Marketing Officer, Head of Global Marketing, Prime Video and Head of Global Brand and Mass Marketing. As iFIT
Mr. Gerard will be departing Vivint after a notable 12-year career to pursue an opportunity with a company outside of the smart home industry Mr. Gerard will be succeeded by Mr. Russell, a financial executive with 25 years of experience and former chief financial officer of Vivint Solar (acquired by Sunrun) Vivint Smart Home, Inc. (NYSE:VVNT), a leading smart home company, today announced that Dale R. Gerard will be stepping down as its chief financial officer (CFO), effective May 31st , to accept a new role with a company outside of the smart home industry. The Company also announced that Dana Russell, Vivint Solar's chief financial officer from 2013 to 2020, is joining Vivint Smart H
Insurance industry veteran brings extensive experience developing innovative solutions to smart home industry leader Vivint Smart Home, Inc. (NYSE:VVNT) today announced that Ron Davies has been named chief insurance officer. In this newly created role, Davies will lead all aspects of Vivint's growing smart insurance business, including the development of its market strategy, the company's development of its MGA with proprietary products, as well as its insurance agency. Davies will report to Vivint CEO, David Bywater. This press release features multimedia. View the full release here: https://www.businesswire.com/news/home/20220315005054/en/Ron Davies, Chief Insurance Officer at Vivint (Ph
Vivint Smart Home, Inc. (NYSE:VVNT) (the "Company" or "Vivint"), a leading smart home company, today announced that Garner B. Meads, III, the Company's current interim general counsel, has been appointed as the Company's Chief Legal Officer and Secretary. Meads is a dynamic and talented attorney with substantial legal experience and, having been a member of the Vivint team for several years, has a wealth of knowledge about the Company and its business overall. Meads has helped manage the Company's strategic partnerships, mergers and acquisitions, corporate governance, and SEC compliance and reporting initiatives. His contributions have helped lay the legal foundation to achieve some of the
Former U.S. Congresswoman brings deep experience in science, technology and infrastructure to Vivint's Board Vivint Smart Home, Inc. (NYSE:VVNT), a leading smart home company, today announced the appointment of former Congresswoman Barbara Comstock to its Board of Directors. Ms. Comstock will serve as a Class II director, effective immediately. Ms. Comstock has a distinguished career as an American politician, business leader, lawyer, and women's advocate. She has three decades of leadership and management experience in state and federal government, the media, business, and philanthropy, and has worked closely with senior leaders across a wide range of industries on a bi-partisan basis th
PROVO, Utah--(BUSINESS WIRE)--Vivint Smart Home, Inc. (NYSE: VVNT), a leading smart home company, today announced that David Bywater has been appointed chief executive officer. In connection with David’s appointment, and as previously announced, Todd Pedersen will step down as CEO of Vivint Smart Home but remain a member of the board of directors. Mr. Bywater will also be joining the company’s board of directors. These changes will become effective on June 15, 2021. Mr. Bywater is a proven and versatile executive with 25 years of senior leadership experience across several consumer-facing technology companies. He served as CEO of Vivint Solar, where he oversaw significant efficienc
Vivint Smart Home, Inc. (NYSE:VVNT), a leading smart home company, today announced founder and Chief Executive Officer Todd R. Pedersen has decided to step down as chief executive officer of Vivint Smart Home, effective once the board of directors of the company appoints his successor. Mr. Pedersen will remain a member of the board of directors. "I have decided that after 20 years of building a successful company, it is time for me to pursue my other entrepreneurial goals and devote myself to those investments and businesses," said Mr. Pedersen. "I am proud of the company's achievements since Vivint's founding and remain excited about the performance and outlook as a premier smart home ser
Vivint Smart Home, Inc. (NYSE:VVNT), a leading smart home company in North America, celebrated Black History Month and kicked off Women's History Month with a series of events focused on recognizing, empowering, and celebrating a diverse group of leaders in the business community. To celebrate Black History Month, Vivint partnered with IMPACT Magazine to host two events honoring the achievements and influence of Black women in business and sports. The first was a private event hosted in the Vivint Courtside Suite at Vivint Arena that brought together 30 Black business leaders to honor the legacy of Lusia Harris, the only woman officially drafted by the NBA and the first Black woman inducte
The award recognizes outstanding design, engineering, and innovation in developer technology Vivint Smart Home, Inc. (NYSE:VVNT), a leading smart home company in North America, was awarded a DEVIES Award in the Services Systems Integration category for its Spotlight Pro. DEVIES Awards recognize excellence in developer tools, products, and technology across 31 categories, and Vivint's Spotlight Pro was selected from a record-high 310 nominations. Designed as an accessory for Vivint's Outdoor Camera Pro, Spotlight Pro is one of the only lighting options in the industry that uses camera technology to activate lighting and dynamically adapt based on what the camera is seeing. When connected w
The Annual IoT Breakthrough Awards Program Recognizes Standout Internet-of-Things Companies and Products Vivint Smart Home, Inc. (NYSE:VVNT), a leading smart home company in North America, was selected as "Home Security Company of the Year" in the seventh annual IoT Breakthrough Awards program. The program is conducted by IoT Breakthrough, a leading market intelligence organization that recognizes the top companies, technologies, and products in the global Internet of Things (IoT) market today. The mission of the IoT Breakthrough Awards program is to recognize the innovators, leaders, and visionaries from around the globe in a range of IoT categories, including Industrial and Enterprise I
Summit Partners, a leading alternative investment firm, today announced the promotion of 14 professionals across the firm's global offices. Scott Ferguson, Paul Furer, Mark Nordstrom, Dayton Ogden and Sophia Popova have been promoted to Partner; Chris Bon, Ali Dowd, Mark Hexamer, Chelsea Jurman, Nick Oppedisano and Jono Pagden have been promoted to Principal; and Jonathan Gilman, Andy Lee and Irina Müller have been promoted to Vice President. "We are very pleased to recognize the achievements of our colleagues with these well-deserved promotions," said Peter Chung, Managing Director and Chief Executive Officer of Summit Partners. "Each of these professionals represents well the culture and
Acquisition Positions NRG as the Leading Essential Home Services Provider, Accelerating Growth Plan NRG Energy, Inc. (NYSE:NRG) and Vivint Smart Home, Inc. (NYSE:VVNT) today announced they have entered into a definitive agreement under which NRG will acquire Vivint for $12 per share or $2.8 billion in an all-cash transaction with an implied multiple of 6.3x run-rate Enterprise Value to Adjusted EBITDA. The agreement has been unanimously approved by the boards of directors of both companies. Vivint Smart Home is a leading smart home platform company whose mission is to help its nearly two million customers live intelligently by providing them with technology, products, and services to crea
Vivint customers will now be able to monitor their solar energy production and environmental impact directly via the Vivint app Vivint Smart Home, Inc. (NYSE:VVNT), a leading smart home company, today announced a new feature for Vivint Smart Energy customers that allows them to view solar production data from their solar panels directly in the Vivint app. This feature is the next step in further integrating solar energy into the Vivint Smart Home experience and helping customers achieve a smarter, greener, and safer home that saves them money. Monitored directly through the Vivint app, Vivint customers will have the ability to view the production of clean energy produced by their solar sy
Vivint Smart Home, Inc. (NYSE:VVNT), a leading smart home company, today announced that it will host in-person meetings with investors at the upcoming 2022 RBC Capital Markets Global Technology, Internet, Media and Telecom Conference in New York City. Details for the event are as follows: 2022 RBC Capital Markets Global Technology, Internet, Media and Telecom Conference Location: InterContinental New York Barclay – New York, NY Date: Wednesday, November 16, 2022 Time: 1x1 and small group meetings throughout the day About Vivint Smart Home Vivint is a leading smart home company in the United States. Vivint delivers an integrated smart home system with in-ho
The no-cost service offering connects customers directly to a trusted water emergency cleanup service following a water loss event in their home, speeding up mitigation, repair and significantly reducing damage and costs Vivint Smart Home, Inc. (NYSE:VVNT), a leading smart home company, today announced Vivint Repair: Water Sensor Experience. This groundbreaking monitoring service will help significantly lower the costs of water emergencies for both customers and insurers by alerting sensor customers of a leak and enabling connections to a trusted water emergency cleanup service as soon as a water loss event is detected in their home. The patent-pending, no-cost Water Sensor Experience wil
Revenue grew by nearly 14% (more than 18% after normalizing for Canadian divestiture), driven by strong growth in total subscribers, an all-time high in average monthly recurring revenue per user, and significant contribution from Smart Energy offering Operating metrics continue to perform near record levels, with attrition at 11.0% and net service cost per subscriber at $9.43, an all-time low Raising full-year outlook for total subscribers, revenue, and adjusted EBITDA Vivint Smart Home, Inc. (NYSE:VVNT), a leading smart home company, today announced results for the third quarter and nine months ended September 30, 2022. Third Quarter Financial Highlights (vs. prior-year period) Reve
Vivint Smart Home, Inc. (NYSE:VVNT) will discuss its third quarter 2022 results on Tuesday, November 8, 2022, at 5:00 p.m. Eastern Time. The Company plans to post a press release reporting its results and related presentation slides on the Investor Relations section of its website at https://investors.vivint.com/home/default.aspx after the close of the financial markets on November 8, 2022. Webcast and Conference Call Details Date: Tuesday, November 8, 2022 Time: 5:00 p.m. Eastern Time / 3:00 p.m. Mountain Time Pre-register: https://www.netroadshow.com/events/login?show=3df2eae1&confId=42986 (access details will be sent via email following registration)