Samsara Inc. (NYSE:IOT) Receives $45.33 Consensus PT from Analysts

Shares of Samsara Inc. (NYSE:IOT) have earned an average rating of “Moderate Buy” from the twenty-one brokerages that are presently covering the firm, MarketBeat reports. Six equities research analysts have rated the stock with a hold rating, thirteen have assigned a buy rating and two have given a strong buy rating to the company. The average 12-month price objective among analysts that have issued ratings on the stock in the last year is $45.7778.

A number of analysts recently issued reports on the stock. Wolfe Research restated an “outperform” rating on shares of Samsara in a research report on Thursday, June 11th. Piper Sandler lowered Samsara from an “overweight” rating to a “neutral” rating and set a $40.00 price target on the stock. in a research note on Sunday, August 9th. Jefferies Financial Group upgraded Samsara to a “buy” rating in a report on Thursday, June 11th. Wells Fargo & Company lifted their price objective on Samsara from $46.00 to $50.00 and gave the company an “overweight” rating in a research report on Friday, June 5th. Finally, TD Cowen reiterated a “buy” rating and issued a $45.00 target price on shares of Samsara in a research note on Thursday, June 25th.

Samsara Trading Down 3.2%

Shares of IOT stock opened at $39.83 on Wednesday. The company has a market capitalization of $23.21 billion, a price-to-earnings ratio of 398.35, a PEG ratio of 9.24 and a beta of 1.34. The firm has a 50-day moving average price of $35.49 and a 200 day moving average price of $31.94. Samsara has a twelve month low of $23.38 and a twelve month high of $47.47.

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

Insiders Place Their Bets

In other news, insider Dominic Phillips sold 11,710 shares of the stock in a transaction dated Monday, August 3rd. The shares were sold at an average price of $37.62, for a total transaction of $440,530.20. Following the transaction, the insider directly owned 836,100 shares in the company, valued at $31,454,082. This represents a 1.38% decrease in their position. The sale was disclosed in a legal filing with the SEC, which is available at this link. The transaction was executed under a pre-arranged Rule 10b5-1 trading plan. Also, insider Adam Eltoukhy sold 3,653 shares of the firm’s stock in a transaction that occurred on Monday, July 27th. The stock was sold at an average price of $34.95, for a total transaction of $127,672.35. Following the completion of the sale, the insider directly owned 425,080 shares in the company, valued at $14,856,546. This represents a 0.85% decrease in their ownership of the stock. The SEC filing for this sale provides additional information. The transaction was executed under a pre-arranged Rule 10b5-1 trading plan. Insiders sold a total of 4,476,767 shares of company stock valued at $154,220,562 in the last quarter. Corporate insiders own 35.13% of the company’s stock.

Hedge Funds Weigh In On Samsara

A number of hedge funds have recently made changes to their positions in IOT. Goldman Sachs Group Inc. increased its holdings in shares of Samsara by 58.9% during the 4th 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 during the last quarter. Norges Bank acquired a new stake in Samsara during the fourth quarter worth about $127,415,000. Vanguard Group Inc. raised its holdings in shares of Samsara by 11.5% in the 4th quarter. Vanguard Group Inc. now owns 33,134,549 shares of the company’s stock worth $1,174,620,000 after purchasing an additional 3,417,849 shares during the period. Brown Advisory Inc. lifted its stake in shares of Samsara by 42.1% in the 4th quarter. Brown Advisory Inc. now owns 11,213,972 shares of the company’s stock valued at $397,536,000 after purchasing an additional 3,322,023 shares in the last quarter. Finally, Wellington Management Group LLP grew its holdings in shares of Samsara by 97.1% during the 4th quarter. Wellington Management Group LLP now owns 6,269,398 shares of the company’s stock worth $222,250,000 after purchasing an additional 3,088,299 shares during the period. Institutional investors and hedge funds own 96.02% of the company’s stock.

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.