Samsara (NYSE:IOT) Earns Buy Rating from Analysts at The Goldman Sachs Group

The Goldman Sachs Group assumed coverage on shares of Samsara (NYSE:IOT) in a report published on Wednesday, Marketbeat reports. The firm issued a buy rating and a $36.00 target price on the stock.

A number of other research firms have also recently commented on IOT. KeyCorp began coverage on shares of Samsara in a research report on Tuesday, December 9th. They set an “overweight” rating and a $55.00 target price on the stock. JPMorgan Chase & Co. raised their price target on shares of Samsara from $46.00 to $48.00 and gave the company a “neutral” rating in a report on Friday, December 5th. BNP Paribas Exane upgraded shares of Samsara from a “neutral” rating to an “outperform” rating and set a $40.00 price objective on the stock in a report on Thursday, January 15th. Piper Sandler reissued an “overweight” rating and issued a $37.00 price objective (down from $49.00) on shares of Samsara in a research report on Friday, February 6th. Finally, Bank of America lifted their target price on Samsara from $53.00 to $55.00 and gave the stock a “buy” rating in a research report on Friday, December 5th. Two analysts have rated the stock with a Strong Buy rating, ten have assigned a Buy rating, five have given a Hold rating and one has issued a Sell rating to the company. According to MarketBeat, Samsara currently has a consensus rating of “Moderate Buy” and a consensus price target of $47.25.

Samsara Price Performance

NYSE:IOT opened at $27.34 on Wednesday. The business’s 50-day moving average is $33.84 and its two-hundred day moving average is $36.28. The firm has a market capitalization of $15.77 billion, a PE ratio of -341.69 and a beta of 1.61. Samsara has a 12 month low of $23.38 and a 12 month high of $61.90.

Samsara (NYSE:IOT) last posted its earnings results on Thursday, December 4th. The company reported $0.01 earnings per share (EPS) for the quarter, missing analysts’ consensus estimates of $0.12 by ($0.11). The company had revenue of $415.98 million during the quarter, compared to analyst estimates of $398.92 million. Samsara had a negative net margin of 2.79% and a negative return on equity of 3.49%. Samsara’s quarterly revenue was up 29.2% compared to the same quarter last year. During the same quarter last year, the business posted $0.07 EPS. Samsara has set its FY 2026 guidance at 0.500-0.500 EPS and its Q4 2026 guidance at 0.120-0.130 EPS. Equities analysts anticipate that Samsara will post -0.3 EPS for the current year.

Insider Buying and Selling at Samsara

In other Samsara news, insider John Bicket sold 263,900 shares of the business’s stock in a transaction dated Tuesday, January 6th. The shares were sold at an average price of $34.40, for a total transaction of $9,078,160.00. Following the completion of the transaction, the insider directly owned 89,400 shares of the company’s stock, valued at $3,075,360. The trade was a 74.70% decrease in their position. The transaction was disclosed in a document filed with the SEC, which is available at this hyperlink. Also, insider Sanjit Biswas sold 263,900 shares of the firm’s stock in a transaction that occurred on Tuesday, January 6th. The shares were sold at an average price of $34.40, for a total transaction of $9,078,160.00. Following the completion of the sale, the insider owned 89,400 shares in the company, valued at $3,075,360. The trade was a 74.70% decrease in their position. Additional details regarding this sale are available in the official SEC disclosure. In the last three months, insiders have sold 3,054,011 shares of company stock valued at $103,745,232. Corporate insiders own 46.49% of the company’s stock.

Hedge Funds Weigh In On Samsara

Hedge funds and other institutional investors have recently made changes to their positions in the business. Baillie Gifford & Co. increased its position in Samsara by 15.0% in the 4th quarter. Baillie Gifford & Co. now owns 47,660,513 shares of the company’s stock valued at $1,689,565,000 after acquiring an additional 6,208,553 shares during the period. Goldman Sachs Group Inc. grew its stake in shares of Samsara by 58.9% in 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. Vanguard Group Inc. increased its holdings in shares of Samsara by 18.3% during the second quarter. Vanguard Group Inc. now owns 27,803,226 shares of the company’s stock valued at $1,106,012,000 after purchasing an additional 4,307,755 shares during the period. Norges Bank bought a new stake in shares of Samsara during the fourth quarter valued at about $127,415,000. Finally, State Street Corp lifted its holdings in Samsara by 107.8% in the second quarter. State Street Corp now owns 5,611,956 shares of the company’s stock worth $223,244,000 after purchasing an additional 2,910,916 shares during the period. 96.02% of the stock is currently owned by institutional investors and hedge funds.

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.