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Bullish Case: Raised FY '25 EPS forecasts and strong subscription revenue growth point to a steady financial trajectory, suggesting underestimated long-term value for SMAR.


Bearish Case: Subsequent stock dip post revenue outlook miss reflects concern over growth sustainability amid signs of broader cloud software spending slowdown.


Potential Outcomes:

1) Strong execution on GTM and Product strategies boosting stock (25%).

2) Market tech spending slowdown weighs on price (60%).

3) Mid-term rebound on mean reversion (15%).


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April 09, 2024


Smartsheet Forecast

SMAR        Smartsheet
Price Forecast: BULLISH    Price Action: MEAN REVERTING (?)











Correlated Stock Forecasts

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OTEX Forecast + Options Trading Strategies   OTEX  Open Text (0.58)



Uncorrelated Stock Forecasts

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FCNCA Forecast + Options Trading Strategies   FCNCA  First Citizens Bancshares, Inc (NC) (-0.0)


BIDU Forecast + Options Trading Strategies   BIDU  Baidu (0.0)


VST Forecast + Options Trading Strategies   VST  Vistra (0.0)


GOTU Forecast + Options Trading Strategies   GOTU  Gaotu Techedu (0.0)


PLCE Forecast + Options Trading Strategies   PLCE  Childrens Place (0.0)



Anticorrelated Stock Forecasts

Assets that tend to move strongly against SMAR



AR Forecast + Options Trading Strategies   AR  Antero Resources (-0.47)


GOEV Forecast + Options Trading Strategies   GOEV  Canoo (-0.47)


OXY Forecast + Options Trading Strategies   OXY  Occidental Petroleum (-0.48)


CPG Forecast + Options Trading Strategies   CPG  Crescent Point Energy (-0.51)


XOM Forecast + Options Trading Strategies   XOM  Exxon Mobil (-0.62)





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