Samsara (NYSE:IOT) Rating Increased to Strong-Buy at The Goldman Sachs Group

Samsara (NYSE:IOT) was upgraded by investment analysts at The Goldman Sachs Group to a “strong-buy” rating in a report issued on Wednesday,Zacks.com reports.

Other research analysts also recently issued reports about the company. Jefferies Financial Group set a $57.00 target price on Samsara in a research note on Wednesday, December 10th. Wells Fargo & Company dropped their price target on Samsara from $52.00 to $43.00 and set an “overweight” rating on the stock in a research note on Wednesday, February 4th. Weiss Ratings restated a “sell (d-)” rating on shares of Samsara in a report on Thursday, January 22nd. Bank of America lifted their target price 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. Finally, Royal Bank Of Canada set a $35.00 target price on shares of Samsara in a research report on Wednesday. Three equities research analysts have rated the stock with a Strong Buy rating, nine have assigned a Buy rating, five have issued a Hold rating and one has issued a Sell rating to the company’s stock. According to data from MarketBeat, Samsara has an average rating of “Moderate Buy” and a consensus price target of $47.25.

Samsara Stock Performance

NYSE:IOT opened at $27.78 on Wednesday. The company’s 50-day simple moving average is $34.48 and its 200-day simple moving average is $36.43. Samsara has a fifty-two week low of $23.38 and a fifty-two week high of $61.90. The stock has a market capitalization of $16.03 billion, a P/E ratio of -347.24 and a beta of 1.61.

Samsara (NYSE:IOT) last posted its earnings results on Thursday, December 4th. The company reported $0.01 EPS for the quarter, missing analysts’ consensus estimates of $0.12 by ($0.11). The firm had revenue of $415.98 million for the quarter, compared to analysts’ expectations 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 was up 29.2% on a year-over-year basis. During the same period in the previous year, the company earned $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 forecast that Samsara will post -0.3 EPS for the current year.

Insider Buying and Selling at Samsara

In other Samsara news, CAO Benjamin Louis Kirchhoff sold 1,683 shares of the company’s stock in a transaction on Thursday, January 15th. The shares were sold at an average price of $34.53, for a total value of $58,113.99. Following the sale, the chief accounting officer directly owned 95,610 shares of the company’s stock, valued at approximately $3,301,413.30. This represents a 1.73% decrease in their ownership of the stock. The transaction was disclosed in a document filed with the Securities & Exchange Commission, which can be accessed through this link. Also, insider Adam Eltoukhy sold 4,688 shares of Samsara stock in a transaction dated Tuesday, January 20th. The shares were sold at an average price of $32.54, for a total value of $152,547.52. Following the transaction, the insider owned 246,675 shares of the company’s stock, valued at $8,026,804.50. The trade was a 1.87% decrease in their position. The disclosure for this sale is available in the SEC filing. Insiders sold 3,054,011 shares of company stock valued at $103,745,232 over the last quarter. Insiders own 46.49% of the company’s stock.

Institutional Inflows and Outflows

Several institutional investors have recently bought and sold shares of IOT. Baillie Gifford & Co. grew its stake 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. Goldman Sachs Group Inc. boosted its holdings 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 buying an additional 4,401,082 shares in the last quarter. Vanguard Group Inc. grew its position in 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 buying an additional 4,307,755 shares during the period. Norges Bank acquired a new stake in Samsara during the fourth quarter valued at $127,415,000. Finally, State Street Corp increased 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 valued at $223,244,000 after buying an additional 2,910,916 shares in the last quarter. 96.02% of the stock is currently 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.