Samsara (NYSE:IOT) Price Target Raised to $54.00

Samsara (NYSE:IOT) had its price target lifted by BMO Capital Markets from $44.00 to $54.00 in a report published on Friday, Marketbeat.com reports. BMO Capital Markets currently has an outperform rating on the stock.

A number of other brokerages also recently issued reports on IOT. BTIG Research boosted their price target on Samsara from $45.00 to $54.00 and gave the company a “buy” rating in a report on Friday. Bank of America raised their price objective on shares of Samsara from $47.00 to $55.00 and gave the stock a “buy” rating in a research note on Friday. Morgan Stanley set a $43.00 target price on shares of Samsara in a report on Tuesday, July 21st. Wells Fargo & Company boosted their target price on shares of Samsara from $50.00 to $58.00 and gave the company an “overweight” rating in a research note on Friday. Finally, Guggenheim began coverage on shares of Samsara in a research report on Wednesday, July 22nd. They set a “buy” rating and a $45.00 price target on the stock. Fifteen research analysts have rated the stock with a Buy rating and six have assigned a Hold rating to the company. Based on data from MarketBeat, Samsara presently has an average rating of “Moderate Buy” and an average target price of $52.44.

Samsara Stock Performance

NYSE IOT opened at $40.09 on Friday. The firm has a market capitalization of $23.36 billion, a P/E ratio of 250.56, a PEG ratio of 9.03 and a beta of 1.35. The stock has a 50-day simple moving average of $37.77 and a two-hundred day simple moving average of $33.26. Samsara has a fifty-two week low of $23.38 and a fifty-two week high of $47.47.

Samsara (NYSE:IOT) last issued its earnings results on Thursday, September 3rd. The company reported $0.20 EPS for the quarter, topping analysts’ consensus estimates of $0.16 by $0.04. The firm had revenue of $508.44 million for the quarter, compared to the consensus estimate of $483.29 million. Samsara had a return on equity of 4.27% and a net margin of 4.90%.The company’s revenue was up 29.9% compared to the same quarter last year. During the same quarter in the prior year, the business earned $0.12 earnings per share. Samsara has set its FY 2027 guidance at 0.760-0.780 EPS and its Q3 2027 guidance at 0.180-1.090 EPS. As a group, analysts forecast that Samsara will post 0.15 earnings per share for the current year.

Insider Buying and Selling

In other news, insider John Bicket sold 34,557 shares of Samsara stock in a transaction dated Thursday, August 20th. The shares were sold at an average price of $39.44, for a total value of $1,362,928.08. Following the sale, the insider owned 1,134,795 shares in the company, valued at $44,756,314.80. This trade represents a 2.96% decrease in their ownership of the stock. The sale was disclosed in a document filed with the Securities & Exchange Commission, which is available through this link. The transaction was executed under a pre-arranged Rule 10b5-1 trading plan. Also, CEO Sanjit Biswas sold 35,366 shares of the business’s stock in a transaction dated Thursday, August 20th. The stock was sold at an average price of $39.43, for a total transaction of $1,394,481.38. Following the sale, the chief executive officer directly owned 935,671 shares of the company’s stock, valued at $36,893,507.53. This represents a 3.64% decrease in their position. Additional details regarding this sale are available in the official SEC disclosure. The transaction was executed under a pre-arranged Rule 10b5-1 trading plan. In the last quarter, insiders sold 3,890,796 shares of company stock valued at $139,193,129. 35.13% of the stock is owned by corporate insiders.

Institutional Investors Weigh In On Samsara

Several institutional investors have recently bought and sold shares of the company. USS Investment Management Ltd purchased a new position in shares of Samsara in the first quarter valued at approximately $28,232,000. Spyglass Capital Management LLC increased its position in shares of Samsara by 25.5% during the first quarter. Spyglass Capital Management LLC now owns 2,946,646 shares of the company’s stock worth $93,379,000 after purchasing an additional 599,651 shares in the last quarter. Allen Operations LLC raised its stake in Samsara by 83.3% in the 4th quarter. Allen Operations LLC now owns 66,020 shares of the company’s stock valued at $2,340,000 after purchasing an additional 30,000 shares during the last quarter. Geode Capital Management LLC raised its stake in Samsara by 17.8% in the 4th quarter. Geode Capital Management LLC now owns 6,196,703 shares of the company’s stock valued at $219,035,000 after purchasing an additional 935,855 shares during the last quarter. Finally, Jordan Park Trust Co LLC lifted its holdings in Samsara by 54.1% in the 4th quarter. Jordan Park Trust Co LLC now owns 3,833,929 shares of the company’s stock valued at $135,913,000 after purchasing an additional 1,346,628 shares in the last quarter. 96.02% of the stock is currently owned by institutional investors and hedge funds.

Samsara News Roundup

Here are the key news stories impacting Samsara this week:

• Positive Sentiment: Quarterly results exceeded expectations. Samsara reported fiscal Q2 revenue of $508.4 million, up nearly 30% year over year, and adjusted EPS of $0.20 versus the $0.16 consensus estimate. Annual recurring revenue surpassed $2.1 billion, also growing 30%, while large-customer adoption and enterprise ARR momentum remained strong. Samsara Reports Second Quarter Fiscal Year 2027 Financial Results
• Positive Sentiment: Management raised its outlook. Fiscal 2027 revenue guidance was lifted to approximately $2.043 billion-$2.047 billion, with EPS guidance of $0.76-$0.78 versus a $0.60 consensus estimate. Third-quarter revenue guidance of $514 million-$516 million also topped expectations, supporting the case for continued growth and improving operating leverage. Samsara Fiscal 2027 Outlook
• Positive Sentiment: Analysts raised their targets following the earnings beat. BTIG, BMO Capital Markets, KeyCorp, TD Cowen and BNP Paribas Exane raised targets into the $53-$55 range, with mostly bullish ratings. The upgrades provide a positive catalyst and suggest analysts see additional upside if growth and profitability continue. Samsara Analysts Boost Their Forecasts After Strong Q2 Earnings
• Neutral Sentiment: Investor reaction has been uneven. Some coverage characterized the earnings beat as insufficient to justify the stock’s valuation, contributing to sharp intraday swings. JPMorgan raised its target to $52 but retained a “neutral” rating. Samsara trades at a very high earnings multiple, leaving the stock sensitive to any slowdown in growth.
• Negative Sentiment: Cash flow and insider selling remain risks. Analysts noted pressure on free-cash-flow margins as Samsara invests in AI and expansion. Separately, reported insider activity showed substantial selling and no open-market purchases over the past six months, which may weigh on sentiment. Samsara Earnings Call Analysis

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.