Samsara (NYSE:IOT) Upgraded at BNP Paribas Exane

BNP Paribas Exane upgraded shares of Samsara (NYSE:IOT) from a neutral rating to an outperform rating in a research note released on Thursday, MarketBeat.com reports. They currently have $40.00 target price on the stock.

Several other equities analysts have also issued reports on IOT. TD Cowen lifted their target price on Samsara from $49.00 to $55.00 and gave the company a “buy” rating in a research note on Friday, December 5th. Bank of America boosted their price objective on shares of Samsara from $53.00 to $55.00 and gave the stock a “buy” rating in a research note on Friday, December 5th. JPMorgan Chase & Co. raised their target price on shares of Samsara from $46.00 to $48.00 and gave the company a “neutral” rating in a research note on Friday, December 5th. BNP Paribas raised shares of Samsara from a “neutral” rating to an “outperform” rating and set a $40.00 price target on the stock in a report on Thursday. Finally, KeyCorp initiated coverage on Samsara in a report on Tuesday, December 9th. They set an “overweight” rating and a $55.00 price objective for the company. Two equities research analysts have rated the stock with a Strong Buy rating, twelve have given a Buy rating, five have issued a Hold rating and one has assigned a Sell rating to the company. According to MarketBeat.com, the company has a consensus rating of “Moderate Buy” and a consensus price target of $49.94.

Samsara Stock Up 2.1%

Shares of NYSE IOT opened at $34.99 on Thursday. Samsara has a twelve month low of $31.40 and a twelve month high of $61.90. The firm has a market cap of $20.19 billion, a PE ratio of -437.38 and a beta of 1.62. The business has a fifty day simple moving average of $37.61 and a two-hundred day simple moving average of $37.62.

Samsara (NYSE:IOT) last posted its quarterly earnings results on Thursday, December 4th. The company reported $0.01 EPS for the quarter, missing the consensus estimate of $0.12 by ($0.11). The business had revenue of $415.98 million during the quarter, compared to the consensus estimate of $398.92 million. Samsara had a negative net margin of 2.79% and a negative return on equity of 3.49%. The company’s revenue for the quarter was up 29.2% compared to the same quarter last year. During the same quarter in the prior year, the firm 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. On average, research analysts expect that Samsara will post -0.3 earnings per share for the current year.

Insider Activity at Samsara

In other news, CAO Benjamin Louis Kirchhoff sold 1,683 shares of the firm’s stock in a transaction dated Thursday, January 15th. The stock was sold at an average price of $34.53, for a total value of $58,113.99. Following the completion of the transaction, the chief accounting officer directly owned 95,610 shares in the company, valued at $3,301,413.30. This trade represents a 1.73% decrease in their ownership of the stock. The sale was disclosed in a document filed with the SEC, which is available through the SEC website. Also, insider Sanjit Biswas sold 263,900 shares of Samsara stock in a transaction dated Tuesday, January 6th. The stock was sold at an average price of $34.40, for a total value of $9,078,160.00. Following the sale, the insider directly owned 89,400 shares of the company’s stock, valued at $3,075,360. This trade represents a 74.70% decrease in their position. Additional details regarding this sale are available in the official SEC disclosure. Insiders sold 2,676,838 shares of company stock valued at $99,680,905 over the last three months. 46.49% of the stock is owned by corporate insiders.

Hedge Funds Weigh In On Samsara

Institutional investors have recently bought and sold shares of the business. Perigon Wealth Management LLC increased its stake in shares of Samsara by 8.8% in the fourth quarter. Perigon Wealth Management LLC now owns 18,008 shares of the company’s stock worth $638,000 after acquiring an additional 1,461 shares during the period. FNY Investment Advisers LLC boosted its holdings in Samsara by 211.0% in the fourth quarter. FNY Investment Advisers LLC now owns 6,364 shares of the company’s stock valued at $225,000 after purchasing an additional 4,318 shares during the last quarter. Blue Trust Inc. grew its position in Samsara by 5.2% during the 4th quarter. Blue Trust Inc. now owns 9,905 shares of the company’s stock worth $351,000 after purchasing an additional 490 shares during the period. Mn Services Vermogensbeheer B.V. raised its stake in shares of Samsara by 1.4% during the 4th quarter. Mn Services Vermogensbeheer B.V. now owns 107,897 shares of the company’s stock valued at $3,825,000 after buying an additional 1,497 shares during the last quarter. Finally, Exchange Traded Concepts LLC lifted its holdings in shares of Samsara by 8.3% in the 4th quarter. Exchange Traded Concepts LLC now owns 553,866 shares of the company’s stock valued at $19,635,000 after buying an additional 42,470 shares during the period. 96.02% of the stock is owned by hedge funds and other institutional investors.

About Samsara

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.