Fantasy Upside
Smith caught 30 TD passes in four seasons in Baltimore (including 11 last season) and averaged 16.9 yards per catch. He's one of the best deep threats in the league.
Fantasy Downside
Smith's talent has added up to just one 1,000-yard season in his career. And that was with Joe Flacco, a much better all-round QB than Colin Kaepernick, throwing him the ball.
Bottom line
It's going to be tough for Smith to reach double digits in TDs again this season. But he should see more than the career-low 93 targets he had last season, when he also produced career lows in catches and yardage. He's going around round 9-10 in most fantasy drafts and while he'll be up and down, the ups could be pretty good.