Smartrent, Inc. (SMRT) has disclosed a new risk, in the Share Price & Shareholder Rights category.
Smartrent, Inc. faces the risk of disruption due to shareholder activism or targeted short selling campaigns. These activities can divert the focus of management and the board from the company’s strategic goals, leading to potential uncertainties about Smartrent’s future direction. The resulting strained relationships with partners and challenges in personnel retention can adversely impact operations. Additionally, the company may incur substantial costs in defending against activism, further affecting its stock price and financial stability.
The average SMRT stock price target is $4.50, implying 63.04% upside potential.
To learn more about Smartrent, Inc.’s risk factors, click here.
