Samsara Inc. (NYSE:IOT) Given Consensus Recommendation of “Moderate Buy” by Brokerages

Samsara Inc. (NYSE:IOT) has earned an average rating of “Moderate Buy” from the twenty research firms that are presently covering the company, MarketBeat.com reports. One equities research analyst has rated the stock with a sell recommendation, four have issued a hold recommendation, fourteen have issued a buy recommendation and one has given a strong buy recommendation to the company. The average twelve-month price target among brokers that have updated their coverage on the stock in the last year is $45.9412.

A number of research analysts recently commented on the company. BTIG Research reiterated a “buy” rating and issued a $45.00 price objective on shares of Samsara in a report on Friday, June 26th. Piper Sandler reissued an “overweight” rating and set a $40.00 target price (up from $39.00) on shares of Samsara in a research note on Friday, June 5th. TD Cowen reissued a “buy” rating and set a $45.00 target price on shares of Samsara in a research note on Thursday, June 25th. Weiss Ratings upgraded Samsara from a “sell (d-)” rating to a “sell (d+)” rating in a research report on Monday, June 15th. Finally, Zacks Research lowered Samsara from a “strong-buy” rating to a “hold” rating in a research note on Tuesday, May 5th.

Insider Transactions at Samsara

In related news, CEO Sanjit Biswas sold 19,095 shares of the business’s stock in a transaction dated Wednesday, July 8th. The shares were sold at an average price of $35.09, for a total value of $670,043.55. Following the sale, the chief executive officer directly owned 1,559,671 shares in the company, valued at approximately $54,728,855.39. The trade was a 1.21% decrease in their position. The sale was disclosed in a filing with the Securities & Exchange Commission, which is accessible through this link. The transaction was executed under a pre-arranged Rule 10b5-1 trading plan. Also, insider Adam Eltoukhy sold 3,653 shares of the company’s stock in a transaction dated Monday, July 6th. The shares were sold at an average price of $37.00, for a total transaction of $135,161.00. Following the completion of the transaction, the insider directly owned 425,080 shares in the company, valued at $15,727,960. The trade was a 0.85% decrease in their position. The SEC filing for this sale provides additional information. The transaction was executed under a pre-arranged Rule 10b5-1 trading plan. Insiders sold 4,470,110 shares of company stock worth $144,679,079 in the last 90 days. Insiders own 35.13% of the company’s stock.

Hedge Funds Weigh In On Samsara

Large investors have recently made changes to their positions in the stock. Baillie Gifford & Co. boosted its position in shares of Samsara by 15.0% during the 4th quarter. Baillie Gifford & Co. now owns 47,660,513 shares of the company’s stock worth $1,689,565,000 after purchasing an additional 6,208,553 shares during the period. Vanguard Group Inc. raised its position in Samsara by 11.5% in the fourth quarter. Vanguard Group Inc. now owns 33,134,549 shares of the company’s stock valued at $1,174,620,000 after purchasing an additional 3,417,849 shares during the period. Goldman Sachs Group Inc. lifted its stake in Samsara by 58.9% during the fourth quarter. Goldman Sachs Group Inc. now owns 11,878,112 shares of the company’s stock worth $421,079,000 after purchasing an additional 4,401,082 shares in the last quarter. Brown Advisory Inc. lifted its stake in Samsara by 42.1% during the fourth quarter. Brown Advisory Inc. now owns 11,213,972 shares of the company’s stock worth $397,536,000 after purchasing an additional 3,322,023 shares in the last quarter. Finally, State Street Corp lifted its stake in Samsara by 15.8% during the fourth quarter. State Street Corp now owns 6,920,219 shares of the company’s stock worth $245,322,000 after purchasing an additional 944,485 shares in the last quarter. 96.02% of the stock is currently owned by institutional investors and hedge funds.

Samsara Price Performance

Shares of IOT stock opened at $38.35 on Friday. The company has a market capitalization of $22.35 billion, a PE ratio of 383.58, a price-to-earnings-growth ratio of 8.78 and a beta of 1.35. The firm’s 50-day moving average is $33.17 and its two-hundred day moving average is $31.46. Samsara has a 12 month low of $23.38 and a 12 month high of $47.47.

Samsara (NYSE:IOT) last posted its quarterly earnings results on Thursday, June 4th. The company reported $0.17 earnings per share for the quarter, beating the consensus estimate of $0.13 by $0.04. The business had revenue of $478.84 million during the quarter, compared to analysts’ expectations of $455.21 million. Samsara had a net margin of 3.32% and a return on equity of 2.00%. The business’s revenue for the quarter was up 30.5% on a year-over-year basis. During the same quarter in the prior year, the company posted $0.11 EPS. 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

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.