Samsara Inc. (NYSE:IOT) Receives $46.53 Consensus Price Target from Analysts

Shares of Samsara Inc. (NYSE:IOT) have been given an average rating of “Moderate Buy” by the twenty research firms that are covering the firm, MarketBeat reports. One research analyst has rated the stock with a sell rating, four have issued a hold rating, fourteen have assigned a buy rating and one has assigned a strong buy rating to the company. The average 1 year price objective among analysts that have issued ratings on the stock in the last year is $45.9412.

Several analysts have recently commented on IOT shares. BMO Capital Markets increased their price target on shares of Samsara from $40.00 to $44.00 and gave the company an “outperform” rating in a research report on Friday, March 6th. KeyCorp reissued an “overweight” rating on shares of Samsara in a research note on Friday. UBS Group reissued a “buy” rating and set a $48.00 price objective on shares of Samsara in a research note on Friday, March 6th. Evercore reissued an “outperform” rating on shares of Samsara in a research note on Friday, March 6th. Finally, Jefferies Financial Group raised shares of Samsara to a “buy” rating in a research note on Thursday, June 11th.

Insider Transactions at Samsara

In other news, insider John Bicket sold 168,227 shares of the business’s stock in a transaction that occurred on Tuesday, May 12th. The shares were sold at an average price of $28.58, for a total value of $4,807,927.66. Following the completion of the transaction, the insider owned 15,200 shares of the company’s stock, valued at $434,416. The trade was a 91.71% decrease in their ownership of the stock. The transaction was disclosed in a filing with the SEC, which is available at the SEC website. The transaction was executed under a pre-arranged Rule 10b5-1 trading plan. Also, insider Sanjit Biswas sold 168,272 shares of the business’s stock in a transaction that occurred on Tuesday, May 12th. The shares were sold at an average price of $28.58, for a total transaction of $4,809,213.76. Following the completion of the transaction, the insider directly owned 15,200 shares of the company’s stock, valued at approximately $434,416. This represents a 91.72% 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 4,710,515 shares of company stock valued at $147,188,554 in the last ninety days. Corporate insiders own 35.13% of the company’s stock.

Hedge Funds Weigh In On Samsara

A number of institutional investors have recently modified their holdings of the company. Evolutionary Tree Capital Management LLC purchased a new position in Samsara during the first quarter worth about $1,340,000. Bank of America Corp DE lifted its position in Samsara by 41.5% during the first quarter. Bank of America Corp DE now owns 2,710,202 shares of the company’s stock worth $85,886,000 after buying an additional 794,255 shares during the period. Cim LLC lifted its position in Samsara by 1.3% during the first quarter. Cim LLC now owns 34,505 shares of the company’s stock worth $1,093,000 after buying an additional 455 shares during the period. Spyglass Capital Management LLC lifted its position in Samsara by 25.5% during the first quarter. Spyglass Capital Management LLC now owns 2,946,646 shares of the company’s stock worth $93,379,000 after buying an additional 599,651 shares during the period. Finally, Sunbelt Securities Inc. grew its holdings in Samsara by 36.5% in the first quarter. Sunbelt Securities Inc. now owns 11,400 shares of the company’s stock valued at $361,000 after purchasing an additional 3,050 shares during the period. Institutional investors and hedge funds own 96.02% of the company’s stock.

Samsara Trading Up 2.9%

Shares of Samsara stock opened at $32.03 on Tuesday. Samsara has a 12-month low of $23.38 and a 12-month high of $47.47. The stock has a market cap of $18.67 billion, a PE ratio of 320.36, a price-to-earnings-growth ratio of 7.30 and a beta of 1.34. The company has a 50-day moving average of $31.40 and a two-hundred day moving average of $31.68.

Samsara (NYSE:IOT) last issued its earnings results on Thursday, June 4th. The company reported $0.17 earnings per share (EPS) for the quarter, beating analysts’ consensus estimates of $0.13 by $0.04. Samsara had a net margin of 3.32% and a return on equity of 2.00%. The company had revenue of $478.84 million during the quarter, compared to analysts’ expectations of $455.21 million. During the same period last year, the company posted $0.11 earnings per share. The firm’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, sell-side analysts forecast that Samsara will post 0.15 EPS for the current fiscal year.

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.