Samsara Inc. (NYSE:IOT) Given Average Rating of “Moderate Buy” by Analysts

Samsara Inc. (NYSE:IOTGet Free Report) has been assigned a consensus rating of “Moderate Buy” from the twenty research firms that are presently covering the stock, MarketBeat.com reports. One investment analyst has rated the stock with a sell recommendation, four have assigned a hold recommendation, fourteen have assigned a buy recommendation and one has issued a strong buy recommendation on the company. The average 12 month price objective among analysts that have covered the stock in the last year is $46.5294.

IOT has been the topic of a number of recent research reports. The Goldman Sachs Group set a $45.00 price target on shares of Samsara in a report on Monday, March 2nd. Jefferies Financial Group upgraded shares of Samsara to a “buy” rating in a report on Thursday, June 11th. UBS Group reiterated a “buy” rating and set a $48.00 price target on shares of Samsara in a report on Friday, March 6th. Zacks Research lowered shares of Samsara from a “strong-buy” rating to a “hold” rating in a report on Tuesday, May 5th. Finally, KeyCorp lifted their price target on shares of Samsara from $40.00 to $41.00 and gave the stock an “overweight” rating in a report on Friday, March 6th.

Check Out Our Latest Stock Analysis on IOT

Insider Transactions at Samsara

In other news, insider John Bicket sold 168,227 shares of Samsara stock in a transaction on Tuesday, May 12th. The shares were sold at an average price of $28.58, for a total transaction of $4,807,927.66. Following the transaction, the insider owned 15,200 shares in the company, valued at approximately $434,416. The trade was a 91.71% decrease in their ownership of the stock. The sale was disclosed in a document filed with the Securities & Exchange Commission, which is accessible through the SEC website. The transaction was executed under a pre-arranged Rule 10b5-1 trading plan. Also, insider Sanjit Biswas sold 168,272 shares of the business’s stock in a transaction on Tuesday, May 12th. The shares were sold at an average price of $28.58, for a total transaction of $4,809,213.76. Following the completion of the transaction, the insider owned 15,200 shares in the company, valued at approximately $434,416. The trade was a 91.72% decrease in their position. The disclosure for this sale is available in the SEC filing. The transaction was executed under a pre-arranged Rule 10b5-1 trading plan. Over the last 90 days, insiders have sold 4,983,249 shares of company stock worth $155,762,068. Company insiders own 35.13% of the company’s stock.

Hedge Funds Weigh In On Samsara

Hedge funds and other institutional investors have recently bought and sold shares of the company. Acumen Wealth Advisors LLC acquired a new position in shares of Samsara during the fourth quarter valued at about $28,000. Caitong International Asset Management Co. Ltd raised its holdings in shares of Samsara by 312.6% during the fourth quarter. Caitong International Asset Management Co. Ltd now owns 883 shares of the company’s stock valued at $31,000 after purchasing an additional 669 shares during the period. AlphaCentric Advisors LLC acquired a new position in shares of Samsara during the fourth quarter valued at about $36,000. Optiver Holding B.V. raised its holdings in shares of Samsara by 953.2% during the third quarter. Optiver Holding B.V. now owns 1,169 shares of the company’s stock valued at $44,000 after purchasing an additional 1,058 shares during the period. Finally, IFP Advisors Inc raised its holdings in shares of Samsara by 194.4% during the third quarter. IFP Advisors Inc now owns 1,254 shares of the company’s stock valued at $47,000 after purchasing an additional 828 shares during the period. Institutional investors and hedge funds own 96.02% of the company’s stock.

Samsara Stock Performance

Shares of NYSE:IOT opened at $31.10 on Tuesday. The firm has a market cap of $18.12 billion, a PE ratio of 311.03, a price-to-earnings-growth ratio of 7.40 and a beta of 1.34. The firm’s fifty day moving average is $31.05 and its 200-day moving average is $32.09. Samsara has a 52 week low of $23.38 and a 52 week high of $47.47.

Samsara (NYSE:IOTGet Free Report) last issued its quarterly earnings results on Thursday, June 4th. The company reported $0.17 EPS for the quarter, topping analysts’ consensus estimates of $0.13 by $0.04. The company had revenue of $478.84 million for the quarter, compared to analyst estimates of $455.21 million. Samsara had a net margin of 3.32% and a return on equity of 2.00%. Samsara’s revenue was up 30.5% compared to the same quarter last year. During the same quarter in the previous year, the business earned $0.11 earnings per share. Samsara has set its Q2 2027 guidance at 0.150-0.160 EPS and its FY 2027 guidance at 0.700-0.720 EPS. Sell-side analysts forecast that Samsara will post 0.15 EPS for the current year.

Samsara Company Profile

(Get Free Report)

Samsara develops an industrial Internet of Things (IoT) platform designed to help organizations monitor, manage, and optimize physical operations. The company combines connected hardware — including telematics devices, GPS trackers, dash cameras, and environmental sensors — with cloud-based software to provide real-time visibility into vehicles, mobile equipment, and fixed assets. Its software offers tools for fleet management, driver and worker safety, asset tracking, compliance (including electronic logging), maintenance scheduling, and operational analytics.

The Samsara platform emphasizes integration of live data streams with analytics and workflow features to drive efficiency and safety across industries that rely on dispersed equipment and mobile workforces.

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Analyst Recommendations for Samsara (NYSE:IOT)

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