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Smartsheet Stock Price, News & Analysis

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Welcome to our dedicated page for Smartsheet news (Ticker: SMAR), a resource for investors and traders seeking the latest updates and insights on Smartsheet stock.

Smartsheet (historically NYSE: SMAR) is frequently featured in business and technology news as a modern, AI‑enhanced enterprise work management platform with a large global customer base, including a substantial share of Fortune 500 companies. News coverage often highlights how organizations use Smartsheet to manage complex projects, marketing campaigns, service operations, and other mission‑critical work at scale.

Recent announcements have focused on several themes. One major topic is corporate transactions: Smartsheet disclosed a definitive agreement to be acquired by funds managed by Blackstone and Vista Equity Partners, followed by confirmation that the acquisition was completed in an all‑cash take‑private transaction. These updates include details on shareholder approval, transaction value, and the end of public trading of Smartsheet stock.

Another recurring news theme is product and technology development. Smartsheet has announced AI‑related features and a connector that synchronizes Smartsheet data into Amazon Q Business, a generative AI‑powered assistant. This connector is presented as a way to reduce data silos and enable unified AI‑driven search and analysis across enterprise systems. The company also highlights broader enhancements to its user experience and platform capabilities.

Smartsheet news items also cover industry recognition and research. The company reports recognition as a Leader in the Gartner Magic Quadrant for Collaborative Work Management and as a Customers’ Choice in Gartner Peer Insights. In addition, Smartsheet publishes research such as the Pulse of Marketing Report, which examines how marketing and creative professionals use technology and data to demonstrate business impact.

Leadership appointments, regional management updates, and information about customer conferences and events also appear in Smartsheet’s news flow. For ongoing historical and corporate context, this news page aggregates these types of announcements in one place.

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Smartsheet (NYSE:SMAR) has announced the launch of its first ENGAGE APAC event, focusing on enhancing workforce collaboration in a post-pandemic environment. The event will feature discussions with industry leaders from organizations like Ayala Land and Fox Sports, showcasing innovative teamwork and agile solutions. Smartsheet aims to empower businesses to optimize performance and drive innovation through its platform. This follows their previous successful ENGAGE US and EMEA events. Attendees can expect insights from product demonstrations and case studies to embrace a culture of continuous performance.

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Smartsheet (NYSE: SMAR) announces its second annual Partner Summits aligned with its ENGAGE conference. The Smartsheet Aligned program, initiated in 2019, has expanded to over 450 global partners, enhancing collaboration solutions. Key new programs include Professional Services Certification, Authorized Training, and Build Assist, aimed at improving partner capabilities and customer satisfaction. Chief Revenue Officer Mike Arntz highlighted the program's growth and future goals centered on strategic partnerships and unlocking business opportunities.

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Smartsheet (NYSE: SMAR) hosted its inaugural EMEA ENGAGE event showcasing how organizations are adapting to the new dynamic work environment influenced by the pandemic. The conference highlighted collaborations with prominent companies, including Delivery Hero and Sonnedix, demonstrating significant operational improvements using Smartsheet's platform. Notably, Delivery Hero expanded its usage by 1,200% in one year, improving visibility and reporting. The event emphasizes the growing importance of digital transformation as businesses redefine their operations.

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Smartsheet (NYSE: SMAR) has previewed WorkApps, a no-code platform designed for building intuitive web and mobile applications to enhance collaboration and streamline business processes. WorkApps empowers users to create customized applications that integrate Smartsheet sheets, forms, and external content, providing tailored views for different roles. Gene Farrell, Chief Product Officer, emphasized that this innovation aims to eliminate technological barriers and departmental silos. The company is inviting interested customers to join the WorkApps preview.

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Smartsheet (NYSE: SMAR) has integrated 10,000ft's resource management capabilities into its platform, enabling organizations to optimize talent allocation across projects. This integration provides real-time insights into team workloads, helping businesses make strategic staffing decisions. Key features include visualizing team capacity, understanding project resourcing needs, and balancing task execution with staffing. As companies operate leaner post-pandemic, this solution is positioned to enhance workforce efficiency and decision-making processes.

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Smartsheet (NYSE: SMAR) has announced the launch of Bridge, a no-code automation engine aimed at enhancing business workflows. This tool enables users to connect various enterprise systems like Salesforce and Marketo, automating multi-step processes efficiently. With a user-friendly interface, organizations can streamline operations, reduce manual tasks, and access real-time business insights. Senior Manager at Vertiv, Chad Eiring, praised Bridge for its transformative capabilities, highlighting its importance in creating complex workflows. Bridge is now available for all Smartsheet customers.

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Smartsheet (NYSE: SMAR) announced its annual virtual conference, ENGAGE 2020, aimed at helping organizations adapt to unprecedented work disruptions. CEO Mark Mader emphasized the importance of a dynamic work approach for companies to thrive. The event features notable speakers, including OZY’s Carlos Watson and musician Michael Franti. Key product announcements include WorkApps, a no-code platform for business application development, and the 10,000ft Panel for better workforce management. Enhancements also include a document builder and improved proofing capabilities.

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Smartsheet (NYSE: SMAR) has received Provisional Authorization (PA) from the Defense Information Systems Agency (DISA) for its platform Smartsheet Gov at Impact Level (IL) 4. This authorization confirms compliance with Federal Risk and Authorization Management Program (FedRAMP) and government security standards, aiding the modernization of workflows for Department of Defense (DoD) agencies. The platform is used by various federal agencies, enhancing their operational effectiveness while ensuring data security. Smartsheet's efforts align with the DoD's initiative to leverage cloud technologies.

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FAQ

What is the current stock price of Smartsheet (SMAR)?

The current stock price of Smartsheet (SMAR) is $56.47 as of February 7, 2025.

What is the market cap of Smartsheet (SMAR)?

The market cap of Smartsheet (SMAR) is approximately 7.9B.

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SMAR Stock Data

7.91B
129.43M
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