Smartkarma's AI Co-Pilot, Smartkarma

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Smartkarma's AI Co-Pilot

Smartkarma

Smartkarma unites the fragmented investment industry, connecting institutional investors, independent research providers, and corporates within a single network.

Research Reinvented

Equity Bottom-Up

<ul>
 <li>Smartsheet is a leading player in the rapidly growing Collaborative Work Management (CWM) market, offering a cloud-based platform for work execution. The company's growth is fueled by the increasing demand for solutions that enhance productivity and collaboration in remote and hybrid work environments.</li>
 <li>The company has demonstrated a strong track record of revenue growth, with a 3-year CAGR of 35.46%. While currently not profitable on a GAAP basis, Smartsheet is showing a clear trend towards profitability, with improving margins and positive and growing operating and free cash flow.</li>
 <li>Key strategic initiatives include a focus on expanding its enterprise customer base, continuous product innovation with an emphasis on AI-powered features, and leveraging a growing partner ecosystem to drive sales and adoption. The recent acquisition by Blackstone and Vista Equity Partners is expected to provide additional resources to accelerate these initiatives.</li>
</ul>This content is AI-generated and displayed for general informational purposes only. Please verify independently before use.


  Smartsheet is a leading player in the rapidly growing Collaborative Work Management (CWM) market, offering a cloud-based platform for work execution. The company's growth is fueled by the increasing demand for solutions that enhance productivity and collaboration in remote and hybrid work environments.
  The company has demonstrated a strong track record of revenue growth, with a 3-year CAGR of 35.46%. While currently not profitable on a GAAP basis, Smartsheet is showing a clear trend towards profitability, with improving margins and positive and growing operating and free cash flow.
  Key strategic initiatives include a focus on expanding its enterprise customer base, continuous product innovation with an emphasis on AI-powered features, and leveraging a growing partner ecosystem to drive sales and adoption. The recent acquisition by Blackstone and Vista Equity Partners is expected to provide additional resources to accelerate these initiatives.
This content is AI-generated and displayed for general informational purposes only. Please verify independently before use.

Primer: Smartsheet Inc (SMAR US) - Apr 2026

Technical Analyst, Vermilion Research

Joe Jasper

Technical Analyst

Technical and Quantitative Research

Vermilion Research

Vermilion’s objective is to deliver timely, actionable, and unique technical research to professional investors through the application of our various technical indicators.

Our research strategists seek to highlight securities which we believe are at major inflection points, based on our various technical and quantitative indicators, and offer asymmetric risk/return profiles. Our unique research methodology, centered on relative strength, enables our strategists to deliver superior investment recommendations.

Our process begins by organizing the universe of actively traded stocks into discrete sectors, then into industry groups. We then apply our technical and quantitative tools to identify developing price trends. Once attractive trends are identified within a selected sector or group, we screen for individual stocks which we believe offer the best risk/reward profile. We provide a historical perspective that often reveals, through our long-term charts, how price patterns often repeat themselves over time.

Technical Analysis

In today's report we highlight key levels and several metrics we are watching that will provide us clues as to where the S&amp;P 500 is headed next. We also highlight several attractive stocks from a relative strength perspective across Sectors.

In today's report we highlight key levels and several metrics we are watching that will provide us clues as to where the S&amp;P 500 is headed next. We also highlight several attractive stocks from a relative strength perspective across Sectors.

U.S. Equities: Upside Momentum Lost, But Not Breaking Down

And just like that, the S&amp;P 500, Nasdaq, and the Dow have reclaimed new highs despite ongoing coronavirus concerns, as a buy the dip strategy has paid off. Primarily responsible for new highs in these indexes is Technology (esp. software and semis/semi suppliers) and FAANG stocks. While these areas all remain bullish, we still have some reservations due to the massive disparity in performance between them and the Materials (XLB, XME) and Energy (RYE) Sectors, and also small-caps (IWM) which continue to hit new RS lows. In today’s report we highlight attractive Groups and stocks within Consumer Discretionary and Financials: Homebuilding, Large-Cap, Casinos &amp; Gaming, Small-Cap, Asset Management &amp; Custody Banks, Large-Cap, and Investment Banking &amp; Brokerage, Small-Cap.

And just like that, the S&amp;P 500, Nasdaq, and the Dow have reclaimed new highs despite ongoing coronavirus concerns, as a buy the dip strategy has paid off. Primarily responsible for new highs in these indexes is Technology (esp. software and semis/semi suppliers) and FAANG stocks. While these areas all remain bullish, we still have some reservations due to the massive disparity in performance between them and the Materials (XLB, XME) and Energy (RYE) Sectors, and also small-caps (IWM) which continue to hit new RS lows. In today’s report we highlight attractive Groups and stocks within Consumer Discretionary and Financials: Homebuilding, Large-Cap, Casinos &amp; Gaming, Small-Cap, Asset Management &amp; Custody Banks, Large-Cap, and Investment Banking &amp; Brokerage, Small-Cap.

U.S. Equities: Still Bullish, With Reservations

Independent research on the U.S. markets, Baptista Research

Baptista Research

Independent research on the U.S. markets

Baptista Research is an independent financial research house focused on the U.S. markets. We provide equity research as well as credit research reports on the top-listed U.S. companies with most of our focus on technology, consumer goods and services, automobiles, industrials, oil and gas, pharma, and healthcare. Our research has served more than 3000 institutional investors including mutual funds, hedge funds, banks, family offices, and various buy-side firms. We operate a research subscription service where institutions, as well as retail investors, can have priority access to all our research. We also have a wide distribution of our research reports across some of the top global financial platforms. Apart from equity research and credit research, we also provide advisory services with respect to mergers & acquisitions (M&A), private equity/ venture capital fundraising, valuation reports, and investment management services for corporates.
Baptista Research is owned and managed by Ishan Majumdar, an ex-Venture Capitalist/ Investment Banker, a Chartered Accountant, and a Masters’ degree holder in Management from HEC Paris. Ishan has nearly a decade of experience in Mergers and Acquisitions, Leveraged Buyouts (LBOs), Venture Capital Investing, Corporate Strategy, and Valuation in front-office roles at the likes of BNP Paribas CIB, Credit Agricole CIB, Groupe Danone, and TIW Private Equity. He has worked on and closed multiple acquisition deals, leveraged buyouts, and start-up investment transactions.

<ul><li>Smartsheet Inc.'s recent quarterly performance for Q2 of Fiscal Year 2025 reflects a strong momentum in the enterprise sector.</li><li>A key highlight from the call was that 75 customers expanded their Annual Recurring Revenue (ARR) with Smartsheet by over $100,000, which included three transactions exceeding $1 million.</li><li>Following this quarter, Smartsheet now counts 77 customers with an ARR over $1 million, marking a substantial 50% increase from the same time last year.</li></ul>

Smartsheet Inc.'s recent quarterly performance for Q2 of Fiscal Year 2025 reflects a strong momentum in the enterprise sector.A key highlight from the call was that 75 customers expanded their Annual Recurring Revenue (ARR) with Smartsheet by over $100,000, which included three transactions exceeding $1 million.Following this quarter, Smartsheet now counts 77 customers with an ARR over $1 million, marking a substantial 50% increase from the same time last year.

Smartsheet Inc.:  An Insight Into Its New Pricing and Packaging Model & Other Major Drivers

<ul><li>Smartsheet Inc.'s second quarter fiscal year 2025 earnings discussion revealed a strong performance, underscored by continued momentum in the enterprise sector.</li><li>CEO Mark Mader highlighted significant customer expansions, with 75 customers increasing their Annual Recurring Revenue (ARR) by over $100,000, including 3 transactions surpassing $1 million.</li><li>Notably, the ARR reached $1.093 billion, depicting a robust growth c with a 50% year-over-year increase in customers generating more than $1 million in ARR.</li></ul>

Smartsheet Inc.'s second quarter fiscal year 2025 earnings discussion revealed a strong performance, underscored by continued momentum in the enterprise sector.CEO Mark Mader highlighted significant customer expansions, with 75 customers increasing their Annual Recurring Revenue (ARR) by over $100,000, including 3 transactions surpassing $1 million.Notably, the ARR reached $1.093 billion, depicting a robust growth c with a 50% year-over-year increase in customers generating more than $1 million in ARR.

Why Smartsheet is a Prime Acquisition Target for Private Equity Firms Like Vista and Blackstone!

United States

Smartsheet Inc. provides software solutions. The Company offers cloud-based platform for work execution and management which enables teams and organizations to plan, capture, manage, automate, and improve business outcomes. Smartsheet serves customers in the State of Washington.

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Smartsheet Inc (SMAR US)

Primer: Smartsheet Inc (SMAR US) - Apr 2026

Smartsheet is a leading player in the rapidly growing Collaborative Work Management (CWM) market, offering a cloud-based platform for work...

αSK

U.S. Equities: Upside Momentum Lost, But Not Breaking Down

In today's report we highlight key levels and several metrics we are watching that will provide us clues as to where the S&P 500 is headed...

Vermilion Research

U.S. Equities: Still Bullish, With Reservations

And just like that, the S&P 500, Nasdaq, and the Dow have reclaimed new highs despite ongoing coronavirus concerns, as a buy the dip strategy...

Vermilion Research

Smartsheet Inc.: An Insight Into Its New Pricing and Packaging Model & Other Major Drivers

Smartsheet Inc.'s recent quarterly performance for Q2 of Fiscal Year 2025 reflects a strong momentum in the enterprise sector. A key highlight...

Baptista Research

Why Smartsheet is a Prime Acquisition Target for Private Equity Firms Like Vista and Blackstone!

Smartsheet Inc.'s second quarter fiscal year 2025 earnings discussion revealed a strong performance, underscored by continued momentum in the...

Baptista Research

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