Smartsheet Inc. Announces Fourth Quarter and Fiscal Year 2024 Results

$SMAR
Computer Software: Prepackaged Software
Technology
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Recent Analyst Ratings for
$SMAR

DatePrice TargetRatingAnalyst
11/11/2024Buy → Neutral
Guggenheim
9/6/2024$48.00 → $59.00Outperform
BMO Capital Markets
3/21/2024Sector Weight
KeyBanc Capital Markets
3/11/2024$52.00 → $48.00Outperform
BMO Capital Markets
2/26/2024$45.00Underperform
BofA Securities
1/11/2024$56.00 → $63.00Neutral → Buy
Citigroup
12/20/2023$65.00Buy
DA Davidson
12/8/2023$50.00 → $52.00Outperform
BMO Capital Markets
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  • Smartsheet Pulse of Marketing Report Shows Marketing Teams Rethinking How to Demonstrate Business Impact

    Pressure increasing for marketing and creative professionals to show ROI; tools like AI and project management platforms increase agility and help demonstrate value Today, Smartsheet, the AI-enhanced enterprise-grade work management platform, announced the release of its 2025 Pulse of Marketing Report. This comprehensive study aggregates insights from more than 1,200 marketing and creative professionals across the United States, and crystalizes the increasing need for marketing teams to show measurable business impact and the critical role of technology in showcasing value. This press release features multimedia. View the full release here: https://www.businesswire.com/news/home/20250123

    $SMAR
    Computer Software: Prepackaged Software
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  • Blackstone and Vista Equity Partners Complete Acquisition of Smartsheet

    Smartsheet, the AI enhanced enterprise grade work management platform, today announced the completion of its acquisition by funds managed by Blackstone ("Blackstone") and Vista Equity Partners ("Vista") in a transaction valued at approximately $8.4 billion. The transaction was previously announced on September 24, 2024, and approved by Smartsheet stockholders on December 9, 2024. With the completion of the take private transaction, Smartsheet stockholders are entitled to receive $56.50 in cash for each share of Smartsheet common stock they owned immediately prior to the closing. Smartsheet's stock has ceased trading, and the company is no longer listed on the New York Stock Exchange. "W

    $SMAR
    Computer Software: Prepackaged Software
    Technology
  • Smartsheet Appoints Eva Schoenleitner as Vice President, Partner

    With more than 20 years of experience, Schoenleitner will redefine Smartsheet's partner business in next wave of growth and innovation Smartsheet, the AI-enhanced enterprise-grade work management platform, announced today that Eva Schoenleitner has joined the company as Vice President of Partner. This press release features multimedia. View the full release here: https://www.businesswire.com/news/home/20250114805118/en/Eva Schoenleitner, Vice President, Partner (Photo: Business Wire) An accomplished senior executive with more than 20 years of experience, Schoenleitner brings to Smartsheet exceptional expertise in the global technology industry and creating mutually valuable partnerships.

    $SMAR
    Computer Software: Prepackaged Software
    Technology

$SMAR
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  • Smartsheet Appoints Eva Schoenleitner as Vice President, Partner

    With more than 20 years of experience, Schoenleitner will redefine Smartsheet's partner business in next wave of growth and innovation Smartsheet, the AI-enhanced enterprise-grade work management platform, announced today that Eva Schoenleitner has joined the company as Vice President of Partner. This press release features multimedia. View the full release here: https://www.businesswire.com/news/home/20250114805118/en/Eva Schoenleitner, Vice President, Partner (Photo: Business Wire) An accomplished senior executive with more than 20 years of experience, Schoenleitner brings to Smartsheet exceptional expertise in the global technology industry and creating mutually valuable partnerships.

    $SMAR
    Computer Software: Prepackaged Software
    Technology
  • Smartsheet Appoints Jim Hahn as Vice President of Corporate Communications

    Hahn brings more than 20 years of experience in integrated communications strategy and reputation management to Smartsheet during exciting new phase of growth Smartsheet (NYSE:SMAR), the AI-enhanced enterprise-grade work management platform, today announced Jim Hahn has joined the company as Vice President of Corporate Communications. This press release features multimedia. View the full release here: https://www.businesswire.com/news/home/20250109010534/en/Jim Hahn, Vice President of Corporate Communications, Smartsheet (Photo: Business Wire) Hahn is a high-performing and seasoned leader with more than two decades of experience leading integrated communications strategies for enterprise

    $SMAR
    Computer Software: Prepackaged Software
    Technology
  • Smartsheet Appoints Jo Deal as Chief People Officer

    Deal joins the senior leadership team as an experienced people leader to support the growth and development of the company's global workforce Smartsheet (NYSE:SMAR), the enterprise work management platform, today announced the appointment of Jo Deal as Chief People Officer. Deal will be responsible for leading the company's people & culture team and evolving its people strategies to support the company in its post–$1 billion annualized recurring revenue growth phase. "We're pleased to welcome Jo to Smartsheet. Her experience scaling global teams to drive business results will be invaluable in our next phase of growth," said Mark Mader, CEO of Smartsheet. "I'm confident that Jo's leaders

    $SMAR
    Computer Software: Prepackaged Software
    Technology

$SMAR
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  • Smartsheet Inc. Announces Third Quarter Fiscal Year 2025 Results

    Entered into a definitive agreement to be acquired by Blackstone and Vista Equity Partners Third quarter total revenue grew 17% year over year to $286.9 million Annualized recurring revenue grew 15% year over year to $1.133 billion Third quarter operating cash flow of $63.5 million and free cash flow of $61.8 million Ended the quarter with cash, cash equivalents, and short-term investments of $760.9 million Smartsheet Inc. (NYSE:SMAR), the AI enhanced enterprise grade work management platform, today announced financial results for its third fiscal quarter ended October 31, 2024. Third Quarter Fiscal 2025 Financial Highlights Revenue: Total revenue was $286.9 million, an

    $SMAR
    Computer Software: Prepackaged Software
    Technology
  • Smartsheet to Announce Third Quarter of Fiscal Year 2025 Financial Results on December 5, 2024

    Smartsheet Inc. (NYSE:SMAR), the enterprise work management platform, today announced that it will release its financial results for its third quarter of fiscal year 2025, which ended October 31, 2024, after the close of U.S. financial markets on December 5, 2024. The earnings release will be available on the Smartsheet investor relations website: https://investors.smartsheet.com. In light of the definitive agreement to be acquired by Blackstone and Vista Equity Partners previously announced on September 24, 2024, Smartsheet Inc. will not host an earnings conference call or live webcast to discuss its third quarter of fiscal year 2025 financial results. About Smartsheet Smartsheet is

    $SMAR
    Computer Software: Prepackaged Software
    Technology
  • Smartsheet Inc. Announces Second Quarter Fiscal Year 2025 Results

    Second quarter total revenue grew 17% year over year to $276.4 million Annualized recurring revenue grew 17% year over year to $1.093 billion Second quarter operating cash flow of $59.1 million and record free cash flow of $57.2 million Ended the quarter with cash, cash equivalents, and short-term investments of $706.6 million Smartsheet Inc. (NYSE:SMAR), the enterprise work management platform, today announced financial results for its second fiscal quarter ended July 31, 2024. "Q2 was a strong quarter highlighted by continued growth in the enterprise," said Mark Mader, CEO of Smartsheet. "Our customers are scaling their work on Smartsheet, with over 70 customers expanding t

    $SMAR
    Computer Software: Prepackaged Software
    Technology

$SMAR
Large Ownership Changes

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