Samsara (NYSE:IOT) Price Target Raised to $55.00

Samsara (NYSE:IOT) had its price target lifted by research analysts at BNP Paribas Exane from $40.00 to $55.00 in a research note issued to investors on Friday, Benzinga reports. The firm presently has an “outperform” rating on the stock. BNP Paribas Exane’s price objective indicates a potential upside of 39.18% from the company’s current price.

IOT has been the subject of a number of other reports. Truist Financial boosted their price target on Samsara from $38.00 to $48.00 and gave the company a “hold” rating in a report on Friday. JPMorgan Chase & Co. raised their price target on shares of Samsara from $48.00 to $52.00 and gave the stock a “neutral” rating in a research report on Friday. Wells Fargo & Company lifted their price target on shares of Samsara from $50.00 to $58.00 and gave the company an “overweight” rating in a report on Friday. Weiss Ratings upgraded shares of Samsara from a “sell (d+)” rating to a “hold (c-)” rating in a research note on Tuesday, August 11th. Finally, KeyCorp lifted their target price on Samsara from $46.00 to $55.00 and gave the company an “overweight” rating in a research note on Friday. Fifteen research analysts have rated the stock with a Buy rating and six have assigned a Hold rating to the company’s stock. Based on data from MarketBeat.com, the company currently has an average rating of “Moderate Buy” and a consensus price target of $52.44.

Samsara Stock Up 2.0%

Shares of IOT traded up $0.77 during trading on Friday, reaching $39.52. The company’s stock had a trading volume of 15,871,531 shares, compared to its average volume of 6,921,013. The company has a market cap of $23.03 billion, a price-to-earnings ratio of 395.24, a P/E/G ratio of 8.26 and a beta of 1.35. The company has a fifty day moving average of $37.59 and a two-hundred day moving average of $33.17. Samsara has a twelve month low of $23.38 and a twelve month high of $47.47.

Samsara (NYSE:IOT) last announced its quarterly earnings data on Thursday, September 3rd. The company reported $0.20 earnings per share for the quarter, topping the consensus estimate of $0.16 by $0.04. Samsara had a net margin of 3.32% and a return on equity of 2.00%. The company had revenue of $508.44 million during the quarter, compared to analyst estimates of $483.29 million. During the same period last year, the business earned $0.12 EPS. The firm’s revenue for the quarter was up 29.9% compared to the same quarter last year. Samsara has set its FY 2027 guidance at 0.760-0.780 EPS and its Q3 2027 guidance at 0.180-1.090 EPS. As a group, equities analysts forecast that Samsara will post 0.15 EPS for the current fiscal year.

Insider Buying and Selling at Samsara

In other news, insider John Bicket sold 34,557 shares of the business’s stock in a transaction that occurred on Thursday, August 20th. The stock was sold at an average price of $39.44, for a total transaction of $1,362,928.08. Following the completion of the transaction, the insider directly owned 1,134,795 shares in the company, valued at approximately $44,756,314.80. The trade was a 2.96% decrease in their ownership of the stock. The sale was disclosed in a filing with the SEC, which is accessible through the SEC website. The transaction was executed under a pre-arranged Rule 10b5-1 trading plan. Also, insider Adam Eltoukhy sold 6,876 shares of the business’s stock in a transaction on Tuesday, August 25th. The stock was sold at an average price of $39.82, for a total value of $273,802.32. Following the transaction, the insider owned 425,080 shares of the company’s stock, valued at $16,926,685.60. This trade represents a 1.59% decrease in their position. The SEC filing for this sale provides additional information. The transaction was executed under a pre-arranged Rule 10b5-1 trading plan. Over the last 90 days, insiders have sold 4,458,623 shares of company stock worth $158,550,351. 35.13% of the stock is owned by company insiders.

Institutional Trading of Samsara

A number of hedge funds and other institutional investors have recently modified their holdings of IOT. California State Teachers Retirement System grew its holdings in Samsara by 3,119.1% during the second quarter. California State Teachers Retirement System now owns 15,704,422 shares of the company’s stock worth $484,256,000 after acquiring an additional 15,216,568 shares during the period. Goldman Sachs Group Inc. raised its holdings in shares of Samsara by 58.9% in the 4th quarter. Goldman Sachs Group Inc. now owns 11,878,112 shares of the company’s stock worth $421,079,000 after purchasing an additional 4,401,082 shares in the last quarter. Brown Advisory Inc. lifted its stake in Samsara by 42.1% during the fourth 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 during the last quarter. Wellington Management Group LLP boosted its holdings in Samsara by 9.6% during the second quarter. Wellington Management Group LLP now owns 9,327,606 shares of the company’s stock worth $302,494,000 after buying an additional 813,922 shares in the last quarter. Finally, State Street Corp grew its position in Samsara by 15.8% in the fourth quarter. State Street Corp now owns 6,920,219 shares of the company’s stock worth $245,322,000 after buying an additional 944,485 shares during the last quarter. Institutional investors own 96.02% of the company’s stock.

More Samsara News

Here are the key news stories impacting Samsara this week:

• Positive Sentiment: Fiscal Q2 revenue rose approximately 30% year over year to $508.4 million, exceeding the $483.3 million consensus estimate. Non-GAAP EPS of $0.20 also topped expectations of roughly $0.16-$0.17, while ARR surpassed $2.1 billion and grew 30%. Samsara Reports Second Quarter Fiscal Year 2027 Financial Results
• Positive Sentiment: Management raised fiscal 2027 revenue guidance to approximately $2.043 billion-$2.047 billion and projected full-year non-GAAP operating margins near 21%, supporting the view that growth is becoming more profitable. Samsara FY 2027 Outlook
• Positive Sentiment: Large-customer expansion, increasing adoption of Samsara’s AI-powered products and a record number of new customers generating at least $1 million in ARR are reinforcing the company’s enterprise-growth strategy. IOT Q2 Deep Dive
• Positive Sentiment: Several firms raised their targets after the report, including TD Cowen to $53, KeyCorp to $55, BMO Capital Markets and BTIG to $54, and JPMorgan to $52. The upgrades indicate continued long-term confidence, although JPMorgan maintained a neutral rating. Samsara Analysts Boost Their Forecasts
• Neutral Sentiment: Options activity was elevated, with traders purchasing about 13,395 call options, roughly 67% above average, signaling increased speculation but not guaranteeing further gains.
• Negative Sentiment: Despite the earnings beat, the stock later faced selling pressure as investors appeared unconvinced that the outlook justified Samsara’s high valuation. Analysts also flagged pressure on free-cash-flow margins as AI investment and expansion continue. Samsara Price Swing
• Negative Sentiment: Reported insider activity is heavily weighted toward selling, with no open-market purchases among the cited transactions over the past six months. This may add to investor caution, although insider sales can reflect compensation or diversification.

Samsara Company Profile

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.