Samsara Inc. (NYSE:IOT) Stock Has Average Price Target of $52.05 According to Brokerages

Shares of Samsara Inc. (NYSE:IOT) have received an average recommendation of “Moderate Buy” from the twenty-two research firms that are currently covering the stock, Marketbeat Ratings reports. One research analyst has rated the stock with a sell rating, five have given a hold rating, fifteen have assigned a buy rating and one has assigned a strong buy rating to the company. The average twelve-month price target among brokerages that have issued a report on the stock in the last year is $52.05.

A number of research firms recently weighed in on IOT. Jefferies Financial Group upgraded shares of Samsara to a “buy” rating in a report on Thursday, June 11th. BNP Paribas Exane upped their price target on shares of Samsara from $40.00 to $55.00 and gave the company an “outperform” rating in a research note on Friday, September 4th. TD Cowen lifted their price objective on shares of Samsara from $48.00 to $53.00 and gave the company a “buy” rating in a research note on Friday, September 4th. Craig Hallum reissued a “buy” rating and set a $54.00 target price on shares of Samsara in a report on Friday, September 4th. Finally, Weiss Ratings lowered Samsara from a “hold (c-)” rating to a “sell (d+)” rating in a report on Wednesday, September 9th.

Insider Buying and Selling at Samsara

In other Samsara news, insider Adam Eltoukhy sold 7,306 shares of the firm’s stock in a transaction dated Friday, September 25th. The stock was sold at an average price of $39.07, for a total value of $285,445.42. Following the completion of the transaction, the insider owned 381,854 shares in the company, valued at $14,919,035.78. This trade represents a 1.88% decrease in their position. The sale was disclosed in a document filed with the Securities & Exchange Commission, which is available through this hyperlink. The transaction was executed under a pre-arranged Rule 10b5-1 trading plan. Also, Director Jonathan Chadwick sold 10,000 shares of Samsara stock in a transaction dated Tuesday, September 15th. The shares were sold at an average price of $42.09, for a total value of $420,900.00. Following the transaction, the director directly owned 51,666 shares of the company’s stock, valued at $2,174,621.94. The trade was a 16.22% 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. Insiders have sold a total of 2,733,620 shares of company stock worth $103,609,032 in the last three months. 35.13% of the stock is currently owned by corporate insiders.

Hedge Funds Weigh In On Samsara

Several hedge funds have recently bought and sold shares of the company. Goldman Sachs Group Inc. grew its position 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. Brown Advisory Inc. boosted its position in shares of Samsara by 42.1% during the 4th quarter. Brown Advisory Inc. now owns 11,213,972 shares of the company’s stock valued at $397,536,000 after acquiring an additional 3,322,023 shares during the last quarter. Wellington Management Group LLP boosted its position in shares of Samsara by 9.6% during the 2nd quarter. Wellington Management Group LLP now owns 9,327,606 shares of the company’s stock valued at $302,494,000 after acquiring an additional 813,922 shares during the last quarter. Geode Capital Management LLC grew its holdings in shares of Samsara by 17.8% during the fourth quarter. Geode Capital Management LLC now owns 6,196,703 shares of the company’s stock worth $219,035,000 after purchasing an additional 935,855 shares in the last quarter. Finally, Bamco Inc. NY grew its holdings in shares of Samsara by 21.9% during the fourth quarter. Bamco Inc. NY now owns 4,120,031 shares of the company’s stock worth $146,055,000 after purchasing an additional 741,200 shares in the last quarter. Hedge funds and other institutional investors own 96.02% of the company’s stock.

Samsara Price Performance

Samsara stock opened at $41.12 on Thursday. The firm has a market cap of $24.08 billion, a P/E ratio of 257.01, a P/E/G ratio of 10.10 and a beta of 1.35. Samsara has a one year low of $23.38 and a one year high of $47.47. The stock’s 50 day moving average is $39.27 and its 200 day moving average is $34.65.

Samsara (NYSE:IOT) last issued its quarterly earnings results on Thursday, September 3rd. The company reported $0.20 earnings per share for the quarter, topping analysts’ consensus estimates of $0.16 by $0.04. The firm had revenue of $508.44 million during the quarter, compared to the consensus estimate of $483.29 million. Samsara had a return on equity of 4.13% and a net margin of 4.90%.The business’s revenue was up 29.9% compared to the same quarter last year. During the same period last year, the business posted $0.12 EPS. Samsara has set its FY 2027 guidance at 0.760-0.780 EPS and its Q3 2027 guidance at 0.180-1.090 EPS. Equities analysts anticipate that Samsara will post 0.13 earnings per share for the current fiscal year.

Key Headlines Impacting Samsara

Here are the key news stories impacting Samsara this week:

• Positive Sentiment: Analysts remain broadly optimistic, with Samsara carrying a consensus “Moderate Buy” rating and an average price target of $52.05. TD Cowen raised its target to $53, while Wells Fargo increased its target to $58, suggesting considerable potential upside from recent levels. Samsara Inc. Stock Has Average Price Target of $52.05 According to Analysts
• Positive Sentiment: The company’s latest quarterly results beat expectations. Samsara reported adjusted earnings per share of $0.20 versus the $0.16 consensus estimate, while revenue reached $508.44 million compared with forecasts of $483.29 million. Revenue increased 29.9% year over year, and fiscal 2027 EPS guidance was set at $0.760 to $0.780.
• Neutral Sentiment: Valuation remains demanding. Samsara’s high earnings multiple leaves the stock vulnerable if growth slows, guidance disappoints or investors reduce exposure to premium-priced software companies.
• Negative Sentiment: CEO Sanjit Biswas and insider John Bicket collectively sold approximately 527,800 shares between September 29 and October 1 for roughly $20.1 million. The transactions significantly reduced their direct holdings and may weigh on investor sentiment. However, each sale was made under a pre-arranged Rule 10b5-1 trading plan, indicating the transactions were scheduled in advance rather than necessarily reflecting a new negative view of Samsara’s outlook. SEC Insider Trading Filing

About Samsara

Samsara Inc is a technology company that provides connected operations solutions for organizations with physical operations. Its platform combines Internet of Things (IoT) hardware, cloud-based software and data analytics to help businesses monitor vehicles, equipment, worksites and mobile workforces.

The Samsara Connected Operations Cloud includes vehicle telematics, GPS tracking, video-based safety, routing and dispatch tools, equipment monitoring, workforce and workflow management, and compliance solutions.