$1.29-0.04 (-3.01%)
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.
SmartRent, Inc. in the Technology sector is trading at $1.29 with a market capitalization of $247M. Wall Street consensus targets $1.45 (2 analysts), implying a +12.4% move over the next 12 months. The stock is currently 41% below its 52-week high of $2.20, remaining 12.2% below its 200-day moving average. On fundamentals, Piotroski 4/9 shows mixed financial quality, Altman Z in the distress zone. Risk note: MACD remains below its signal line. The Whystock Score of 45/100 suggests a balanced risk-reward profile.
| Metric (USD) | Q2 2026 | Q1 2026 | Q4 2025 | Q3 2025 | Q2 2025 |
|---|---|---|---|---|---|
| Total Revenue | $39.84M↑ | $38.68M↑ | $36.47M↑ | $36.20M↓ | $38.31M |
| Gross Profit | $16.22M↑ | $15.12M↑ | $14.07M↑ | $9.57M↓ | $12.67M |
| Operating Income | -$6.46M↓ | -$5.09M↓ | -$3.98M↑ | -$7.03M↑ | -$11.69M |
| Net Income | -$5.64M↓ | -$4.45M↓ | -$3.24M↑ | -$6.27M↑ | -$10.86M |
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....

Wall Street has issued downbeat forecasts for the stocks in this article. These predictions are rare - financial institutions typically hesitate to say bad things about a company because it can jeopardize their other revenue-generating business lines like M&A advisory.

Small-cap stocks can be incredibly lucrative investments because their lack of analyst coverage leads to frequent mispricings. However, these businesses (and their stock prices) often stay small because their subscale operations make it harder to expand their competitive moats.

Unprofitable companies can burn through cash quickly, leaving investors exposed if they fail to turn things around. Without a clear path to profitability, these businesses risk running out of capital or relying on dilutive fundraising.

Let’s dig into the relative performance of SmartRent (NYSE:SMRT) and its peers as we unravel the now-completed Q2 internet of things earnings season.

SmartRent’s second quarter was met with a positive market reaction, as management highlighted strong execution of its Vision 2028 plan, with particular emphasis on accelerating core revenue growth and expanding gross margins. CEO Frank Martell pointed to the company’s best-in-class IoT, access control, and self-guided tour solutions as primary drivers, noting, “Our core revenues grew 14%, marking our highest quarterly growth rate in over 2 years.” Management also underscored the value of growing