EPCs (Electronic Power Converters) are the key elements of the smart dc microgrid architectures. In order to enhance the controllability of the system, most of the elements are envisioned to be connected to the different buses through EPCs. Therefore, power flow, stability, and dynamic response in the microgrid are function of the behavior of the EPCs and their control loops.Besides, dc microgrids constitute a new paradigm in power distribution systems due to the high variability of their operating conditions, owing to the intermittent behavior of the renewable sources and customer energy consumption. Furthermore, in order to deal with this variability, the power converters can modify their operation mode, adding complexity to the dynamic and stability analysis of the system. This paper gives an overview of the various analytical and blackbox modeling strategies applied to smart dc micro/nanogrids. Different linear and nonlinear modeling techniques are reviewed describing their capabilities, but also their limitations. Finally, differences among blackbox models will be highlighted by means of illustrative examples.