Samsara (NYSE:IOT) Stock Price Expected to Rise, JPMorgan Chase & Co. Analyst Says

Samsara (NYSE:IOT) had its price target boosted by equities research analysts at JPMorgan Chase & Co. from $48.00 to $52.00 in a report released on Friday, Benzinga reports. The brokerage currently has a “neutral” rating on the stock. JPMorgan Chase & Co.‘s price target points to a potential upside of 28.38% from the stock’s previous close.

IOT has been the topic of several other research reports. TD Cowen upped their target price on Samsara from $48.00 to $53.00 and gave the company a “buy” rating in a report on Friday. Royal Bank Of Canada boosted their price objective on shares of Samsara from $50.00 to $55.00 and gave the stock an “outperform” rating in a research report on Friday. Guggenheim increased their price objective on shares of Samsara from $45.00 to $51.00 and gave the company a “buy” rating in a research note on Friday. Craig Hallum restated a “buy” rating and set a $54.00 target price on shares of Samsara in a report on Friday. Finally, Wells Fargo & Company lifted their target price on shares of Samsara from $50.00 to $58.00 and gave the stock an “overweight” rating in a research report on Friday. One equities research analyst has rated the stock with a Strong Buy rating, fourteen have given a Buy rating and six have assigned a Hold rating to the company’s stock. Based on data from MarketBeat, Samsara currently has an average rating of “Moderate Buy” and an average target price of $51.61.

Samsara Trading Up 4.5%

Shares of NYSE:IOT traded up $1.75 during trading on Friday, hitting $40.51. 13,215,153 shares of the stock were exchanged, compared to its average volume of 6,902,694. The company has a fifty day moving average price of $37.59 and a two-hundred day moving average price of $33.17. The company has a market cap of $23.60 billion, a PE ratio of 405.11, a P/E/G ratio of 8.26 and a beta of 1.35. Samsara has a 12-month low of $23.38 and a 12-month high of $47.47.

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

Insider Activity at Samsara

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

Hedge Funds Weigh In On Samsara

A number of hedge funds have recently made changes to their positions in IOT. California State Teachers Retirement System raised its position in Samsara by 3,119.1% in the second quarter. California State Teachers Retirement System now owns 15,704,422 shares of the company’s stock valued at $484,256,000 after purchasing an additional 15,216,568 shares during the period. Goldman Sachs Group Inc. grew its stake in shares of Samsara by 58.9% in the fourth quarter. Goldman Sachs Group Inc. now owns 11,878,112 shares of the company’s stock valued at $421,079,000 after buying an additional 4,401,082 shares in the last quarter. Norges Bank purchased a new stake in shares of Samsara during the 4th quarter valued at about $127,415,000. Brown Advisory Inc. lifted its position in Samsara by 42.1% during the 4th quarter. Brown Advisory Inc. now owns 11,213,972 shares of the company’s stock worth $397,536,000 after acquiring an additional 3,322,023 shares in the last quarter. Finally, Wellington Management Group LLP boosted its holdings in Samsara by 97.1% in the 4th quarter. Wellington Management Group LLP now owns 6,269,398 shares of the company’s stock worth $222,250,000 after acquiring an additional 3,088,299 shares during the period. Hedge funds and other institutional investors own 96.02% of the company’s stock.

Key Stories Impacting Samsara

Here are the key news stories impacting Samsara this week:

• Positive Sentiment: Q2 results exceeded expectations: Revenue rose approximately 30% year over year to $508.4 million, above the $483.3 million consensus estimate. Non-GAAP EPS was $0.20 versus expectations of about $0.16-$0.17, while GAAP EPS was $0.03 compared with a loss in the prior-year period. Samsara Reports Second Quarter Fiscal Year 2027 Financial Results
• Positive Sentiment: Recurring revenue and enterprise demand remained strong: Annual recurring revenue reached roughly $2.1 billion, up 30% year over year, with large-enterprise ARR reportedly growing 50% and a quarterly record for new customers generating more than $1 million in ARR. Samsara Crosses $2.1 Billion in ARR
• Positive Sentiment: Management raised its forecast: Fiscal 2027 revenue guidance is $2.043 billion-$2.047 billion, and EPS guidance of $0.76-$0.78 is above the roughly $0.60 consensus. The company also expects to remain GAAP profitable, while third-quarter revenue guidance of $514 million-$516 million exceeds analyst estimates. Samsara Fiscal 2027 Outlook
• Positive Sentiment: Analyst sentiment improved: TD Cowen, KeyCorp, BMO Capital Markets and BTIG raised their price targets to $53-$55 and maintained bullish ratings, adding momentum to the post-earnings move.
• Neutral Sentiment: Unusually heavy call-option activity indicates increased short-term bullish positioning, with call volume approximately 67% above average, although options activity can also increase volatility.
• Negative Sentiment: Cash-flow pressure and valuation remain risks: Management’s growth outlook is paired with pressure on free-cash-flow margins, while the stock’s elevated valuation leaves it sensitive to any slowdown in growth or profitability.
• Negative Sentiment: Reported insider-trading data shows substantial selling and no open-market purchases over the past six months, which may weigh on investor sentiment despite the strong operating results.

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.