Samsara (NYSE:IOT) Price Target Raised to $53.00

Samsara (NYSE:IOT) had its price objective upped by TD Cowen from $48.00 to $53.00 in a research note issued on Friday, Benzinga reports. The firm presently has a “buy” rating on the stock. TD Cowen’s price target points to a potential upside of 28.95% from the stock’s previous close.

IOT has been the topic of several other research reports. Wells Fargo & Company restated an “overweight” rating and set a $58.00 price target on shares of Samsara in a research note on Friday. BTIG Research lifted their price objective on shares of Samsara from $45.00 to $54.00 and gave the company a “buy” rating in a research note on Friday. Wolfe Research reiterated an “outperform” rating on shares of Samsara in a report on Thursday, June 11th. Weiss Ratings raised shares of Samsara from a “sell (d+)” rating to a “hold (c-)” rating in a research report on Tuesday, August 11th. Finally, BMO Capital Markets raised their target price on Samsara from $44.00 to $54.00 and gave the company an “outperform” rating in a report on Friday. One analyst has rated the stock with a Strong Buy rating, fourteen have assigned a Buy rating and six have assigned a Hold rating to the company’s stock. Based on data from MarketBeat, the stock has an average rating of “Moderate Buy” and a consensus price target of $50.78.

Samsara Stock Performance

Shares of NYSE IOT opened at $41.10 on Friday. The stock has a market cap of $23.95 billion, a price-to-earnings ratio of 411.16, a PEG ratio of 8.26 and a beta of 1.35. The business has a 50 day simple moving average of $37.59 and a 200 day simple moving average of $33.17. Samsara has a 52 week low of $23.38 and a 52 week high of $47.47.

Samsara (NYSE:IOT) last released its quarterly earnings data on Thursday, September 3rd. The company reported $0.20 EPS for the quarter, topping analysts’ consensus estimates of $0.16 by $0.04. The firm had revenue of $508.44 million for 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%.The firm’s revenue was up 29.9% on a year-over-year basis. During the same quarter in the prior year, the company posted $0.12 earnings per share. 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, analysts predict that Samsara will post 0.15 EPS for the current year.

Insider Buying and Selling at Samsara

In related news, insider John Bicket sold 245,925 shares of the company’s stock in a transaction on Tuesday, July 7th. The shares were sold at an average price of $36.77, for a total transaction of $9,042,662.25. Following the completion of the sale, the insider directly owned 94,000 shares of the company’s stock, valued at approximately $3,456,380. This represents a 72.35% decrease in their position. The transaction was disclosed in a filing with the Securities & Exchange Commission, which is accessible through this hyperlink. The transaction was executed under a pre-arranged Rule 10b5-1 trading plan. Also, Director Marc L. Andreessen sold 613,660 shares of the firm’s stock in a transaction on Thursday, June 11th. The shares were sold at an average price of $32.27, for a total transaction of $19,802,808.20. Following the completion of the transaction, the director owned 2,256,487 shares in the company, valued at $72,816,835.49. The trade was a 21.38% decrease in their ownership of the stock. The disclosure for this sale is available in the SEC filing. Insiders have sold a total of 4,458,623 shares of company stock worth $158,550,351 over the last 90 days. Insiders own 35.13% of the company’s stock.

Institutional Inflows and Outflows

Institutional investors and hedge funds have recently bought and sold shares of the company. Brighton Jones LLC acquired a new stake in shares of Samsara in the fourth quarter valued at about $13,464,000. Royal Bank of Canada lifted its position in shares of Samsara by 100.3% during the 1st quarter. Royal Bank of Canada now owns 96,142 shares of the company’s stock worth $3,686,000 after purchasing an additional 48,135 shares during the last quarter. Jones Financial Companies Lllp lifted its position in shares of Samsara by 2,444.6% during the 1st quarter. Jones Financial Companies Lllp now owns 17,787 shares of the company’s stock worth $682,000 after purchasing an additional 17,088 shares during the last quarter. Empowered Funds LLC boosted its stake in Samsara by 3.4% during the 1st quarter. Empowered Funds LLC now owns 10,168 shares of the company’s stock valued at $390,000 after purchasing an additional 335 shares during the period. Finally, Marshall Wace LLP boosted its stake in Samsara by 142.4% during the 2nd quarter. Marshall Wace LLP now owns 68,860 shares of the company’s stock valued at $2,739,000 after purchasing an additional 40,450 shares during the period. Institutional investors and hedge funds own 96.02% of the company’s stock.

Trending Headlines about Samsara

Here are the key news stories impacting Samsara this week:

• Positive Sentiment: Quarterly results exceeded expectations. Samsara reported adjusted earnings of $0.20 per share versus the $0.16 consensus estimate and revenue of $508.44 million versus expectations of $483.29 million. Revenue increased approximately 30% year over year, while earnings rose from $0.12 per share in the prior-year quarter. Samsara Reports Second Quarter Fiscal Year 2027 Financial Results
• Positive Sentiment: Growth and enterprise adoption remained strong. Samsara said annual recurring revenue surpassed $2.1 billion, growing 30% year over year for the third consecutive quarter. Large enterprise ARR reportedly increased 50%, signaling continued adoption of its connected-operations platform by bigger customers. Samsara Crosses $2.1 Billion in ARR
• Positive Sentiment: Management raised or issued an outlook above key consensus measures. Fiscal 2027 EPS guidance of $0.76-$0.78 is above the $0.60 consensus estimate, while third-quarter revenue guidance of $514 million-$516 million exceeds the $509.8 million consensus. The company also outlined fiscal-year revenue of approximately $2.043 billion-$2.047 billion and a targeted 21% non-GAAP operating margin. Samsara Fiscal 2027 Revenue and Margin Outlook
• Positive Sentiment: Analysts became more bullish. BMO Capital Markets raised its price target from $44 to $54 and assigned an “outperform” rating. BTIG Research also increased its target from $45 to $54 and reiterated a “buy” rating. Both targets imply substantial upside from the recent $38.74 reference price.
• Neutral Sentiment: Valuation remains demanding. Samsara’s market capitalization is approximately $22.6 billion and its reported price-to-earnings ratio is above 380, leaving the stock sensitive to any slowdown in growth, weaker guidance, or disappointment regarding the company’s path to sustained profitability.

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.