BMO Capital Markets Cuts Samsara (NYSE:IOT) Price Target to $40.00

Samsara (NYSE:IOT) had its price objective cut by BMO Capital Markets from $50.00 to $40.00 in a research note issued to investors on Wednesday. The brokerage presently has an “outperform” rating on the stock. BMO Capital Markets’ price objective suggests a potential upside of 53.02% from the company’s current price.

Several other brokerages have also recently commented on IOT. BNP Paribas Exane raised shares of Samsara from a “neutral” rating to an “outperform” rating and set a $40.00 target price on the stock in a report on Thursday, January 15th. Truist Financial dropped their target price on shares of Samsara from $39.00 to $30.00 and set a “hold” rating for the company in a report on Tuesday, February 17th. Piper Sandler reissued an “overweight” rating and set a $37.00 price objective (down from $49.00) on shares of Samsara in a report on Friday, February 6th. JPMorgan Chase & Co. boosted their target price on shares of Samsara from $46.00 to $48.00 and gave the stock a “neutral” rating in a report on Friday, December 5th. Finally, Royal Bank Of Canada set a $35.00 price target on Samsara in a research note on Wednesday, February 11th. Two research analysts have rated the stock with a Strong Buy rating, ten have assigned a Buy rating, five have issued a Hold rating and one has given a Sell rating to the company’s stock. Based on data from MarketBeat.com, Samsara presently has an average rating of “Moderate Buy” and an average target price of $46.06.

Samsara Trading Up 5.7%

NYSE IOT opened at $26.14 on Wednesday. The company has a market cap of $15.08 billion, a PE ratio of -326.76 and a beta of 1.61. The stock has a 50 day moving average of $31.61 and a 200-day moving average of $35.76. Samsara has a 12 month low of $23.38 and a 12 month high of $51.01.

Samsara (NYSE:IOT) last released its quarterly earnings data on Thursday, December 4th. The company reported $0.01 earnings per share for the quarter, missing the consensus estimate of $0.12 by ($0.11). Samsara had a negative return on equity of 3.49% and a negative net margin of 2.79%.The firm had revenue of $415.98 million for the quarter, compared to analyst estimates of $398.92 million. During the same quarter in the prior year, the firm earned $0.07 earnings per share. The firm’s revenue for the quarter was up 29.2% on a year-over-year basis. Samsara has set its FY 2026 guidance at 0.500-0.500 EPS and its Q4 2026 guidance at 0.120-0.130 EPS. As a group, sell-side analysts predict that Samsara will post -0.3 EPS for the current fiscal year.

Insider Buying and Selling

In other Samsara news, insider Sanjit Biswas sold 263,900 shares of the stock in a transaction that occurred on 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 transaction, the insider owned 89,400 shares in the company, valued at approximately $3,075,360. This represents a 74.70% decrease in their ownership of the stock. The sale was disclosed in a legal filing with the Securities & Exchange Commission, which is accessible through this hyperlink. Also, insider John Bicket sold 263,900 shares of the company’s stock in a transaction on Tuesday, January 6th. The stock was sold at an average price of $34.40, for a total transaction of $9,078,160.00. Following the transaction, the insider owned 89,400 shares in the company, valued at approximately $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. Over the last ninety days, insiders have sold 3,253,463 shares of company stock worth $105,384,810. 46.49% of the stock is owned by company insiders.

Institutional Investors Weigh In On Samsara

A number of institutional investors and hedge funds have recently bought and sold shares of IOT. Brighton Jones LLC bought a new position in shares of Samsara during the fourth quarter valued at about $13,464,000. Royal Bank of Canada lifted its stake in Samsara by 100.3% in the first quarter. Royal Bank of Canada now owns 96,142 shares of the company’s stock valued at $3,686,000 after purchasing an additional 48,135 shares during the last quarter. Jones Financial Companies Lllp lifted its position in shares of Samsara by 2,444.6% during the 1st quarter. Jones Financial Companies Lllp now owns 17,787 shares of the company’s stock valued at $682,000 after buying an additional 17,088 shares during the last quarter. Empowered Funds LLC lifted its holdings in Samsara by 3.4% during the first quarter. Empowered Funds LLC now owns 10,168 shares of the company’s stock valued at $390,000 after purchasing an additional 335 shares during the last quarter. Finally, Sumitomo Mitsui Trust Group Inc. boosted its holdings in Samsara by 2.4% in the 2nd quarter. Sumitomo Mitsui Trust Group Inc. now owns 549,022 shares of the company’s stock worth $21,840,000 after buying an additional 12,886 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.