SmartRent (SMRT)

• Market cap: $166M
• 1 day: -1.74%
• 5 days: -2.95%
• 1 month: 7.88%
• 3 months: -18.09%
• 6 months: -51.66%
• Year to date: -49.45%
• 1 year: -62.99%
• 5 years: -92.03%
• 10 years: -92.03%
• Sector: Technology
• Industry: Software - Application

About: SmartRent Inc is an enterprise smart home and smart building technology platform for property owners, managers and residents. The SmartRent solution is designed to provide property managers with seamless visibility and control over all their assets while delivering cost savings and additional revenue opportunities through all-in-one home control offerings for residents. Geographical, it operates in the United States and International; majority revenue being generated from the United States.

Employees: 494

Fund manager confidence

Based on 2025 Q1 regulatory disclosures by fund managers ($100M+ AUM)

33% more first-time investments, than exits

New positions opened: 20 | Existing positions closed: 15

4.03% more ownership

Funds ownership: 58.94% [Q4 2024] → 62.97% (+4.03%) [Q1 2025]

2% more funds holding

Funds holding: 123 [Q4 2024] → 125 (+2) [Q1 2025]

0% more funds holding in top 10

Funds holding in top 10: 3 [Q4 2024] → 3 (+0) [Q1 2025]

0% more repeat investments, than reductions

Existing positions increased: 35 | Existing positions reduced: 35

26% less capital invested

Capital invested by funds: $199M [Q4 2024] → $147M (-$51.8M) [Q1 2025]

Research analyst outlook

1 Wall Street Analyst provided 1 year price targets over the past 3 months

• Low target: $1.30 47% upside
• Avg. target: $1.30 47% upside
• High target: $1.30 47% upside

1 analyst rating

• positive: 0 0%
• neutral: 1 100%
• negative: 0 0%

Keefe, Bruyette & Woods Ryan Tomasello

47% upside $1.30

Market Perform Maintained

8 May 2025