SmartKem (NASDAQ:SMTK) Posts Quarterly Earnings Results

Posted by Brenda Bartman on Aug 14th, 2026

SmartKem (NASDAQ:SMTK – Get Free Report) posted its quarterly earnings results on Friday. The company reported ($0.05) EPS for the quarter, Zacks reports.

SmartKem Trading Down 18.0%

Shares of NASDAQ:SMTK traded down $0.02 during mid-day trading on Friday, reaching $0.09. The stock had a trading volume of 16,063,789 shares, compared to its average volume of 5,006,219. The company has a market cap of $1.91 million, a P/E ratio of -0.04 and a beta of 3.80. The business’s 50 day moving average price is $0.25 and its 200 day moving average price is $0.29. SmartKem has a 1 year low of $0.09 and a 1 year high of $3.80.

Analyst Ratings Changes

Separately, Weiss Ratings reiterated a “sell (e+)” rating on shares of SmartKem in a research note on Friday, May 22nd. One research analyst has rated the stock with a Sell rating, Based on data from MarketBeat.com, the company has a consensus rating of “Sell”.

Check Out Our Latest Stock Analysis on SMTK

Hedge Funds Weigh In On SmartKem

Large investors have recently made changes to their positions in the company. Rossby Financial LCC raised its holdings in shares of SmartKem by 110.2% in the fourth quarter. Rossby Financial LCC now owns 227,000 shares of the company’s stock worth $242,000 after buying an additional 119,000 shares during the period. Corient Private Wealth LLC boosted its holdings in SmartKem by 120.8% during the 2nd quarter. Corient Private Wealth LLC now owns 42,496 shares of the company’s stock valued at $43,000 after acquiring an additional 23,248 shares during the period. Finally, Walleye Capital LLC grew its position in SmartKem by 147.0% in the 2nd quarter. Walleye Capital LLC now owns 240,082 shares of the company’s stock valued at $238,000 after acquiring an additional 142,898 shares during the last quarter.

SmartKem Company Profile

(Get Free Report)

SmartKem plc (NASDAQ: SMTK) is a fabless semiconductor company specializing in the development and commercialization of organic semiconductor materials for thin‐film transistors (TFTs). Headquartered in the United Kingdom, the company has pioneered low‐temperature processable organic materials designed to deliver high performance, energy efficiency and manufacturing flexibility. SmartKem’s solutions target a range of display applications, including flexible, foldable and transparent screens, as well as emerging sensor and Internet of Things (IoT) platforms.

The company’s core product line consists of proprietary organic inks and formulations that can be integrated into existing TFT backplane production lines without the need for costly equipment upgrades.