SmartRent Inc (SMRT)
NYSEInformation TechnologySoftware - ApplicationSnapshot 2026-11-04
$1.62+18.25%
Close 2026-11-04 · 1-day change
NYSEInformation TechnologySoftware - ApplicationSnapshot 2026-11-04
QuarterlyIQ Insights · SMRT
What must go right, what could break, what the price assumes, and what evidence comes next.
The current health of the standing investment case.
Recent financial performance sits well below its industry cohort — worth keeping an eye on, though it has not freshly broken.
One-year growth currently built into the price, compared with our model's estimate.
| Measure | Marker shape | Value |
|---|---|---|
| Growth built into the price | circle | -78.5% |
| Our one-year growth estimate | diamond |
For each item: what to watch, what would become a concern, and what would make it less concerning.
A reporting-risk estimate, not a forecast of the stock-price response.
Historical relationships that met the evidence threshold. They do not prove cause or forecast a move.
Usually moved in the same direction.
Price observations: 365 days
Most sensitive to the broad stock market.
Based on historical daily prices through 2026-11-04.
Past price behavior in dollars on a $10,000 position. This does not measure permanent business risk.
How much price usually moves either way.
Use the underlying financial and sector pages to investigate the cause.
Not investment advice. Scores describe historical and current data; they are not forecasts of future returns. Consult a licensed advisor before making investment decisions.
| 17.4% |
Growth built into the price is above our model estimate.
The price assumes 96.0 percentage points less one-year growth.
The one-year revenue growth assumption on Valuation.
Model as of 2026-11-04 · Compared with 36 industry peers · Company calendar date is not available
SMRT — earnings in line
Dated 2026-11-04
Results of Operations and Financial Condition. On November 4, 2026, SmartRent, Inc. (the “Company”) issued a press release announcing its financial results for the third quarter ended September 30, 2026. A copy of the Company’s press release is attached hereto and incorporated herein by reference.
Why it matters: Management plans to grow its sales team and platform, including access control and data tools. Q3 results can show whether that work is gaining traction.
Watch forQ3 SaaS revenue grows faster than 13% year over year, and SaaS ARPU rises above $5.84.
Also watch forQ3 SaaS revenue grows slower than 13% year over year, or SaaS ARPU falls below $5.84.
Why it matters: Q2 Core Revenue rose 14% and ARR rose 13%. Continued growth would show the installed base is adding recurring sales.
Supportive ifQ3 Core Revenue and ARR both grow year over year, with Core Revenue growth at or above 14%.
Worry ifQ3 Core Revenue or ARR falls year over year, or Core Revenue growth drops below zero.
Why it matters: Q1 units booked fell 9% year over year, while Q2 bookings rose 98%. The next result can test whether sales gains persist.
Supportive ifQ3 units booked grow year over year, continuing the Q2 increase of 98%.
Worry ifQ3 units booked fall year over year after the Q1 decline of 9%.
Why it matters: The installed base grew 10% year over year to 929,487 units. More installed units can support recurring SaaS revenue.
Supportive ifA company update reports more than one million installed units by June 30, 2027.
Worry ifInstalled units remain below one million after June 30, 2027, or growth falls below 10% year over year.
A larger daily loss that occurred about once in every 20 trading days.
Deepest peak-to-trough drop in the last year.
| Measure | Value | Meaning |
|---|---|---|
| Typical day | ±$189 on $10,000 · ±1.9% | How much price usually moves either way. |
| Bad day | $485 loss on $10,000 · 4.8% | A larger daily loss that occurred about once in every 20 trading days. |
| Largest peak-to-trough drop in the past year | $5,531 loss on $10,000 · 55.3% | Deepest peak-to-trough drop in the last year. |
Past year. 1.00 means similar movement; 1.20 means about 20% more.
Past year. 1.00 means similar movement to the sector. This is secondary context.
Latest 30 trading days, shown as an annual percentage.
Latest 252 trading days, shown as an annual percentage.
20-trading-day average in US dollars.
Trading days used by the source risk snapshot.
Past results, not a forecast. Not investment advice.