Analysts Set Samsara Inc. (NYSE:IOT) PT at $49.55

Shares of Samsara Inc. (NYSE:IOT) have received an average rating of “Hold” from the fifteen ratings firms that are presently covering the stock, MarketBeat reports. One research analyst has rated the stock with a sell recommendation, six have assigned a hold recommendation and eight have assigned a buy recommendation to the company. The average 1 year price target among brokers that have issued a report on the stock in the last year is $49.5455.

Several research analysts have recently weighed in on the stock. Craig Hallum upgraded shares of Samsara from a “hold” rating to a “buy” rating and increased their price objective for the stock from $42.00 to $48.00 in a report on Friday, September 5th. Evercore ISI set a $50.00 price objective on shares of Samsara and gave the company an “outperform” rating in a research note on Wednesday, October 1st. Royal Bank Of Canada increased their target price on Samsara from $44.00 to $46.00 and gave the stock an “outperform” rating in a research report on Friday, September 5th. Weiss Ratings reissued a “sell (d-)” rating on shares of Samsara in a research report on Wednesday, October 8th. Finally, Zacks Research downgraded Samsara from a “strong-buy” rating to a “hold” rating in a report on Friday, August 15th.

Samsara Stock Down 0.9%

Shares of Samsara stock opened at $39.46 on Monday. Samsara has a fifty-two week low of $31.40 and a fifty-two week high of $61.90. The business’s fifty day moving average is $38.83 and its two-hundred day moving average is $39.43. The firm has a market cap of $22.64 billion, a PE ratio of -246.63 and a beta of 1.61.

Samsara (NYSE:IOT) last released its earnings results on Thursday, September 4th. The company reported $0.12 EPS for the quarter, beating the consensus estimate of $0.07 by $0.05. Samsara had a negative return on equity of 7.53% and a negative net margin of 6.16%.The firm had revenue of $391.48 million during the quarter, compared to analyst estimates of $372.22 million. During the same period in the prior year, the firm posted $0.05 earnings per share. The business’s quarterly revenue was up 30.4% compared to the same quarter last year. Samsara has set its FY 2026 guidance at 0.450-0.470 EPS. Q3 2026 guidance at 0.110-0.12 EPS. Equities research analysts anticipate that Samsara will post -0.3 EPS for the current year.

Insider Buying and Selling at Samsara

In other Samsara news, major shareholder Horowitz Lsv Fund I. Andreessen sold 793,331 shares of Samsara stock in a transaction that occurred on Tuesday, September 9th. The shares were sold at an average price of $38.55, for a total transaction of $30,582,910.05. The sale was disclosed in a legal filing with the SEC, which can be accessed through the SEC website. Also, insider John Bicket sold 170,000 shares of the stock in a transaction on Tuesday, October 7th. The stock was sold at an average price of $38.35, for a total transaction of $6,519,500.00. Following the completion of the sale, the insider directly owned 36,000 shares of the company’s stock, valued at $1,380,600. The trade was a 82.52% decrease in their position. The disclosure for this sale is available in the SEC filing. Over the last ninety days, insiders have sold 3,747,711 shares of company stock worth $141,867,401. 46.49% of the stock is currently owned by corporate insiders.

Institutional Inflows and Outflows

A number of hedge funds and other institutional investors have recently modified their holdings of the stock. Keystone Financial Group Inc. grew its stake in shares of Samsara by 300.0% in the first quarter. Keystone Financial Group Inc. now owns 600 shares of the company’s stock valued at $25,000 after buying an additional 450 shares in the last quarter. Catalyst Capital Advisors LLC acquired a new stake in Samsara in the second quarter valued at approximately $28,000. Versant Capital Management Inc raised its stake in shares of Samsara by 6,078.6% during the third quarter. Versant Capital Management Inc now owns 865 shares of the company’s stock valued at $32,000 after purchasing an additional 851 shares during the period. Family Legacy Financial Solutions LLC acquired a new position in shares of Samsara during the second quarter worth $40,000. Finally, AlphaQuest LLC lifted its position in shares of Samsara by 519.6% during the first quarter. AlphaQuest LLC now owns 1,041 shares of the company’s stock worth $40,000 after purchasing an additional 873 shares in the last quarter. Institutional investors and hedge funds own 96.02% of the company’s stock.

Samsara Company Profile

Samsara Inc provides solutions that connects physical operations data to its connected operations cloud in the United States and internationally. The company's Connected Operations Cloud includes Data Platform, which ingests, aggregates, and enriches data from its IoT devices and has embedded capabilities for AI, workflows and analytics, alerts, API connections, and data security and privacy.