Smartsheet NYSE: SMAR is a smart buy because of its growth, operational quality, cash flow, and capital return. That's why private equity firms are in talks to buy it; they see deep value in the business and its stock. The takeaway is that Smartsheet will either get taken over at a premium to today's prices or won't. If it does, investors stand to make a quick 10%, and the gains will be greater if it doesn't. Smartsheet Today | --- | --- | |----------------------|-------| | | | | | | | | | | SMAR | | | Smar ...

Smartsheet (SMAR) shares have outperformed the Zacks Computer & Technology sector and its Zacks Internet - Software industry peer Asana (ASAN) over the past month. While Smartsheet has moved up 5.4%, Asana, which is a competitor in the project management and collaboration market, has declined 10.3%. The broader sector has dropped 2.2% over the same timeframe. The uptick can be attributed to Smartsheet's growing customer base, enhanced product features, and the increasing adoption of AI tools. In the second ...

10'000 Hours Summary A brief update from my last coverage (17th July), I rated Smartsheet (NYSE:SMAR) a buy rating, with my key thesis being that SMAR has a strong competitive position in the industry, and it should be able to grow at >20% for the foreseeable future. While 2Q25 performance showed some weakness in the growth metrics, I still think the upside is attractive if investors have a medium-term horizon. The takeover news should also provide support for valuation. Earnings results update In the lates ...

文章核心观点 - 在当前市场环境下,投资者更关注现金流的安全性和可预测性[1] - 科技行业可能成为投资者的首选,因为企业可以通过科技手段来降低成本、优化运营[1] 公司概况 - Smartsheet是一家提供云端协作软件服务的公司[2] - 公司的订阅收入占总收入的比重较高,体现了现金流的稳定性和可预测性[3] - 公司的每股收益预计将从亏损转为盈利,这为股价上涨提供了支撑[3] - 公司通过回购计划回馈股东,体现了管理层的信心[4] - 公司业绩表现良好,未来一年的收入增长预期为16%[4] 投资价值分析 - 机构投资者持股比例高达90%,显示了对公司的认可[8] - 做空头寸比例较低,表明市场对公司持乐观态度[8] - 分析师给出了较高的目标价格,预计股价还有20.5%的上涨空间[6] - 大型私募基金正在考虑收购公司,这可能会推动股价上涨[5][7]

Smartsheet (SMAR) could be a solid addition to your portfolio given a notable revision in the company's earnings estimates. While the stock has been gaining lately, the trend might continue since its earnings outlook is still improving. Analysts' growing optimism on the earnings prospects of this maker of a cloud-based work-management platform is driving estimates higher, which should get reflected in its stock price. After all, empirical research shows a strong correlation between trends in earnings estima ...

财务业绩 - 公司总收入为2.764亿美元，同比增长17.3%[141] - 订阅收入为2.635亿美元，同比增长19.0%[141] - 专业服务收入为1.288亿美元，同比下降8.4%[141] - 订阅业务毛利率为85.6%，专业服务毛利率为7.9%[141] - 年度经常性收入(ARR)达到10.93亿美元，同比增长17.2%[124] - 每个域名客户的平均ARR为10,291美元，同比增长16.1%[124] - 订阅收入同比增长19%，达到2.635亿美元[147] - 订阅收入占总收入的95%，专业服务收入占5%[146] - 订阅业务毛利率为86%，专业服务毛利率为8%[150] 费用情况 - 研发投入为6.36亿美元，同比增长9.0%[141] - 销售和营销投入为1.302亿美元，与上年持平[141] - 一般及行政费用增加470万美元，增幅13%[163][164] 盈利情况 - 总体经营亏损为848万美元，上年同期亏损3.615亿美元[141] - 净利润为786万美元，上年同期亏损3.336亿美元[141] - 利息收入增加298.9万美元，增幅51%[165] - 其他收入(费用)净额增加20.8万美元，增幅378%[168] - 所得税从税收变为税收抵免，变动1076.7万美元[170][171] 现金流及财务状况 - 公司有393.5百万美元现金及现金等价物，313.1百万美元短期投资[174] - 公司有549.9百万美元递延收入，其中548.0百万美元将在未来12个月内确认为收入[175] - 公司有47.8百万美元不可撤销的租赁承诺，82.2百万美元其他合同义务[176][177] - 公司董事会批准回购最高1.5亿美元的A类普通股[180] - 经营活动产生的现金流量净额为109.2百万美元[182] - 投资活动产生的现金流量净额为34.9百万美元[183] - 公司现金及现金等价物和短期投资总额为7.066亿美元，其中4.568亿美元投资于货币市场基金、美国国债、机构债券、公司债券和商业票据[192] - 公司现金等价物和短期投资受利率变动的市场风险影响，固定利率证券的市场价值可能会因利率上升而受到不利影响[193] - 截至2024年7月31日，利率上升100个基点不会对公司现金等价物或短期投资的价值产生重大影响[194] 风险管理 - 公司有来自国际业务的外汇风险，主要涉及以澳元、英镑、加元和欧元计价的收入以及以澳元、英镑、哥斯达黎加科朗和欧元计价的费用[195] - 公司目前未进行外汇套期保值交易，因为外汇风险敞口一直部分被美元和外币计价的现金流入和流出所对冲[196] 战略重点 - 用户数据和新产品研发是公司重点关注的领域[145]

Smartsheet stock is surging after its Q2 report, and investors are betting a buyout could be on the horizon. Smartsheet (SMAR 7.01%) stock is posting big gains in Friday's trading. The productivity and collaboration software specialist's share price was up 5.8% as of 12:30 p.m. ET, according to data from S&P Global Market Intelligence. Smartsheet stock is climbing after the company published better-than-expected results for the second quarter of its 2025 fiscal year (which ended July 31). Today's bullish mo ...

Shares of Smartsheet (SMAR) have been strong performers lately, with the stock up 8.5% over the past month. The stock hit a new 52-week high of $51.42 in the previous session. Smartsheet has gained 3.2% since the start of the year compared to the 16.5% move for the Zacks Computer and Technology sector and the 13.4% return for the Zacks Internet - Software industry. What's Driving the Outperformance? The stock has a great record of positive earnings surprises, as it hasn't missed our earnings consensus estim ...

Smartsheet Inc. SMAR posted better-than-expected second-quarter financial results and raised its FY25 EPS outlook on Thursday. Smartsheet reported quarterly earnings of 44 cents per share which beat the analyst consensus estimate of 29 cents per share. The company reported quarterly sales of $276.41 million which beat the analyst consensus estimate of $274.19 million. "Q2 was a strong quarter highlighted by continued growth in the enterprise," said Mark Mader, CEO of Smartsheet. "Our customers are scaling t ...

财务数据和关键指标变化 - 第二季度收入为2.764亿美元,同比增长17% [18] - 订阅收入为2.635亿美元,同比增长19% [18] - 服务收入为1,290万美元 [18] - 年度经常性收入(ARR)增长17%至10.93亿美元 [18] 各条业务线数据和关键指标变化 - 能力收入占订阅收入的35% [18] - 拥有ARR超过5万美元的客户数量增长17%至4,140家 [18] - 拥有ARR超过10万美元的客户数量增长23%至2,056家 [18] - 这些客户群体分别占总ARR的69%和55% [18] - 客户平均ARR增长16%至10,291美元 [19] 各个市场数据和关键指标变化 - 整体客户净留存率为113% [19] - 整体客户流失率略有上升至4.5% [19] 公司战略和发展方向及行业竞争 - 公司正在进行平台的全面现代化升级,将在10月的年度客户大会上展示新的Smartsheet体验 [12][13][14] - 新的Smartsheet将更加简洁、强大和集成,帮助客户管理更大规模和复杂的项目、计划和流程 [12] - 公司正在大力发展AI工具,以简化复杂任务,提高效率 [14][15] - 公司在企业客户中保持强劲势头,获得了多个大单和大幅扩展 [8][9][10][11] - 公司在与其他工作管理供应商的竞争中胜出 [11] 管理层对经营环境和未来前景的评论 - 管理层对公司在企业市场的持续强劲表现感到满意 [17] - 管理层认为新的定价和产品模式将为公司带来转型性的机遇 [77] - 管理层对公司未来的增长和盈利能力保持乐观 [77] 其他重要信息 - 公司启动了1亿美元的股票回购计划,第二季度回购了91.8万股 [17] - 公司将在9月中旬至12月31日期间,向所有用户免费提供AI工具 [15] 问答环节重要的提问和回答 问题1 **Terry Tillman 提问** 是否会有现有企业客户提前采用新的定价模式 [24] **Pete Godbole 回答** 公司预计会有一些现有客户提前采用新的定价模式,这可能会带来额外的订单收入 [25][26] 问题2 **Josh Baer 提问** 新定价模式下的客户行为情况,以及对公司收入的影响 [27] **Mark Mader 回答** 公司刚刚迎来首批客户进入新定价模式的首次调整期,初步数据显示用户数量和实现价值增加,带来更多ARR [28][45] 问题3 **Jackson Ader 提问** 关于公司可能被收购的传闻 [30] **Mark Mader 回答** 公司不会对此发表评论 [31]