Samsara (NYSE:IOT) Upgraded to “Strong-Buy” at Guggenheim

Samsara (NYSE:IOT) was upgraded by investment analysts at Guggenheim to a “strong-buy” rating in a note issued to investors on Wednesday,Zacks.com reports.

A number of other research firms have also commented on IOT. Piper Sandler reissued an “overweight” rating and issued a $40.00 price target (up from $39.00) on shares of Samsara in a research report on Friday, June 5th. BTIG Research reaffirmed a “buy” rating and set a $45.00 price objective on shares of Samsara in a report on Friday, June 26th. Wolfe Research reiterated an “outperform” rating on shares of Samsara in a research note on Thursday, June 11th. TD Cowen reiterated a “buy” rating and issued a $45.00 target price on shares of Samsara in a report on Thursday, June 25th. Finally, Weiss Ratings upgraded shares of Samsara from a “sell (d-)” rating to a “sell (d+)” rating in a report on Monday, June 15th. Two analysts have rated the stock with a Strong Buy rating, fourteen have given a Buy rating, four have issued a Hold rating and one has issued a Sell rating to the company’s stock. According to data from MarketBeat.com, the company has a consensus rating of “Moderate Buy” and a consensus price target of $45.33.

Samsara Stock Performance

Shares of IOT opened at $31.58 on Wednesday. The stock has a 50 day moving average price of $33.71 and a two-hundred day moving average price of $31.42. The firm has a market capitalization of $18.40 billion, a P/E ratio of 315.84, a P/E/G ratio of 7.81 and a beta of 1.35. Samsara has a 52 week low of $23.38 and a 52 week high of $47.47.

Samsara (NYSE:IOT) last issued its quarterly earnings data on Thursday, June 4th. The company reported $0.17 EPS for the quarter, topping the consensus estimate of $0.13 by $0.04. Samsara had a return on equity of 2.00% and a net margin of 3.32%.The firm had revenue of $478.84 million during the quarter, compared to the consensus estimate of $455.21 million. During the same period in the prior year, the business posted $0.11 earnings per share. The company’s quarterly revenue was up 30.5% compared to the same quarter last year. Samsara has set its Q2 2027 guidance at 0.150-0.160 EPS and its FY 2027 guidance at 0.700-0.720 EPS. On average, equities analysts forecast that Samsara will post 0.15 earnings per share for the current year.

Insider Activity at Samsara

In related news, insider John Bicket sold 17,975 shares of Samsara stock in a transaction on Wednesday, July 8th. The stock was sold at an average price of $35.11, for a total transaction of $631,102.25. Following the sale, the insider directly owned 1,758,795 shares in the company, valued at approximately $61,751,292.45. This trade represents a 1.01% decrease in their ownership of the stock. The sale was disclosed in a legal filing with the SEC, which can be accessed through this link. The transaction was executed under a pre-arranged Rule 10b5-1 trading plan. Also, insider Dominic Phillips sold 12,065 shares of the business’s stock in a transaction on Wednesday, July 1st. The stock was sold at an average price of $33.32, for a total value of $402,005.80. Following the completion of the transaction, the insider directly owned 836,100 shares in the company, valued at approximately $27,858,852. This represents a 1.42% decrease in their position. The disclosure for this sale is available in the SEC filing. The transaction was executed under a pre-arranged Rule 10b5-1 trading plan. Insiders sold a total of 4,464,637 shares of company stock valued at $144,511,167 in the last ninety days. Insiders own 35.13% of the company’s stock.

Hedge Funds Weigh In On Samsara

Hedge funds and other institutional investors have recently made changes to their positions in the stock. Acumen Wealth Advisors LLC bought a new stake in Samsara in the fourth quarter worth about $28,000. Caitong International Asset Management Co. Ltd boosted its stake in Samsara by 312.6% in the fourth quarter. Caitong International Asset Management Co. Ltd now owns 883 shares of the company’s stock valued at $31,000 after acquiring an additional 669 shares during the last quarter. AlphaCentric Advisors LLC bought a new position in shares of Samsara during the 4th quarter valued at approximately $36,000. IFP Advisors Inc grew its position in shares of Samsara by 194.4% during the 3rd quarter. IFP Advisors Inc now owns 1,254 shares of the company’s stock valued at $47,000 after acquiring an additional 828 shares during the period. Finally, Los Angeles Capital Management LLC bought a new position in shares of Samsara during the 4th quarter valued at approximately $52,000. 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.