Samsara Inc. (NYSE:IOT) Stock Now Rated “Moderate Buy” by Wall Street Analysts

Shares of Samsara Inc. (NYSE:IOT) have earned an average rating of “Moderate Buy” from the twenty-two ratings firms that are covering the firm, MarketBeat.com reports. Six investment analysts have rated the stock with a hold recommendation, fourteen have issued a buy recommendation and two have assigned a strong buy recommendation to the company. The average twelve-month target price among analysts that have updated their coverage on the stock in the last year is $51.68.

Several brokerages have issued reports on IOT. KeyCorp increased their price objective on shares of Samsara from $46.00 to $55.00 and gave the company an “overweight” rating in a research report on Friday, September 4th. JPMorgan Chase & Co. upped their target price on shares of Samsara from $48.00 to $52.00 and gave the company a “neutral” rating in a research note on Friday, September 4th. Wall Street Zen raised shares of Samsara from a “hold” rating to a “buy” rating in a report on Saturday, September 12th. BMO Capital Markets lifted their price target on shares of Samsara from $44.00 to $54.00 and gave the stock an “outperform” rating in a research note on Friday, September 4th. Finally, TD Cowen lifted their price target on shares of Samsara from $48.00 to $53.00 and gave the stock a “buy” rating in a research note on Friday, September 4th.

Insider Buying and Selling

In other news, insider John Bicket sold 42,507 shares of the business’s stock in a transaction on Thursday, October 29th. The shares were sold at an average price of $41.58, for a total transaction of $1,767,441.06. Following the completion of the transaction, the insider owned 561,398 shares of the company’s stock, valued at approximately $23,342,928.84. The trade was a 7.04% decrease in their ownership of the stock. The sale was disclosed in a legal filing with the SEC, which can be accessed through the SEC website. The transaction was executed under a pre-arranged Rule 10b5-1 trading plan. Also, insider Adam Eltoukhy sold 7,306 shares of the business’s stock in a transaction that occurred on Monday, October 26th. The stock was sold at an average price of $44.49, for a total value of $325,043.94. Following the transaction, the insider owned 381,854 shares of the company’s stock, valued at approximately $16,988,684.46. This represents a 1.88% decrease in their ownership of the stock. 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 have sold a total of 2,735,949 shares of company stock valued at $110,051,427 over the last quarter. Company insiders own 35.13% of the company’s stock.

Institutional Investors Weigh In On Samsara

Several large investors have recently modified their holdings of IOT. Wellington Management Group LLP grew its stake in Samsara by 9.6% during the 2nd quarter. Wellington Management Group LLP now owns 9,327,606 shares of the company’s stock valued at $302,494,000 after acquiring an additional 813,922 shares in the last quarter. Spyglass Capital Management LLC raised its stake in shares of Samsara by 4.7% during the 2nd quarter. Spyglass Capital Management LLC now owns 3,085,655 shares of the company’s stock worth $100,068,000 after purchasing an additional 139,009 shares in the last quarter. Bank of America Corp DE lifted its holdings in shares of Samsara by 41.5% during the 1st quarter. Bank of America Corp DE now owns 2,710,202 shares of the company’s stock valued at $85,886,000 after buying an additional 794,255 shares during the last quarter. Bessemer Group Inc. grew its stake in shares of Samsara by 3.3% in the 1st quarter. Bessemer Group Inc. now owns 1,675,509 shares of the company’s stock valued at $53,097,000 after buying an additional 53,576 shares in the last quarter. Finally, First Trust Advisors LP raised its position in Samsara by 64.3% during the first quarter. First Trust Advisors LP now owns 1,494,291 shares of the company’s stock valued at $47,354,000 after acquiring an additional 584,854 shares in the last quarter. 96.02% of the stock is owned by institutional investors.

Trending Headlines about Samsara

Here are the key news stories impacting Samsara this week:

• Positive Sentiment: Analysts remain constructive after Samsara’s latest quarterly results topped expectations, with revenue rising 29.9% year over year and EPS exceeding consensus. The average analyst price target is approximately $51.68, above the recent trading range. Samsara Just Answered the AI Question
• Positive Sentiment: Institutional ownership remains high at roughly 96%, and several funds recently increased their positions, including Wellington Management, Bank of America and First Trust Advisors. This suggests continued professional-investor interest in Samsara’s connected-operations and fleet-management growth story. Samsara Shows What Happens When Fundamentals Beat Fear
• Neutral Sentiment: Samsara and Together for Safer Roads launched a fleet-safety program for community food banks. The initiative may enhance the company’s brand and social-impact profile, but it is unlikely to materially affect near-term revenue or earnings. Together for Safer Roads and Samsara Launch Fleet Safety Program
• Negative Sentiment: CEO Sanjit Biswas sold 263,900 shares from October 27–29, while co-founder John Bicket sold another 263,900 shares over the same period. Insider Adam Eltoukhy also sold 7,306 shares. The combined sales represent roughly $23 million of stock and create a meaningful supply and confidence overhang, even though scheduled 10b5-1 plans reduce the signal that the sales reflect deteriorating business expectations. Samsara Insider Selling Alert
• Negative Sentiment: Samsara’s valuation remains demanding, with a price-to-earnings ratio above 260 and a PEG ratio above 10. That leaves IOT particularly sensitive to profit-taking, insider sales and any slowdown in its high-growth outlook. Samsara Falls More Steeply Than Broader Market

Samsara Stock Performance

Shares of IOT stock opened at $42.07 on Monday. Samsara has a 12-month low of $23.38 and a 12-month high of $47.47. The company has a market cap of $24.64 billion, a price-to-earnings ratio of 262.94, a price-to-earnings-growth ratio of 10.33 and a beta of 1.33. The stock has a 50 day simple moving average of $40.59 and a 200-day simple moving average of $34.31.

Samsara (NYSE:IOT) last released its quarterly earnings results on Thursday, September 3rd. The company reported $0.20 earnings per share (EPS) for the quarter, topping the consensus estimate of $0.16 by $0.04. Samsara had a return on equity of 4.13% and a net margin of 4.90%. The business had revenue of $508.44 million during the quarter, compared to the consensus estimate of $483.29 million. During the same quarter in the previous year, the company posted $0.12 EPS. The business’s revenue was up 29.9% on a year-over-year basis. Samsara has set its FY 2027 guidance at 0.760-0.780 EPS and its Q3 2027 guidance at 0.180-1.090 EPS. On average, equities analysts forecast that Samsara will post 0.13 earnings per share for the current fiscal year.

About Samsara

Samsara, Inc is a technology company that provides connected operations solutions for organizations with physical operations. Its Samsara Connected Operations Cloud combines Internet of Things (IoT) hardware, cloud-based software and data analytics to help businesses monitor vehicles, equipment, facilities and frontline operations.

The company’s products and services include vehicle telematics, GPS fleet tracking, AI-enabled dash cameras and video-based safety tools, equipment and asset monitoring, electronic logging and compliance solutions, routing and dispatch software, and maintenance and workforce-management applications.