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

Samsara (NYSE:IOT) had its target price raised by analysts at KeyCorp from $46.00 to $55.00 in a report released on Friday, Benzinga reports. The brokerage presently has an “overweight” rating on the stock. KeyCorp’s price objective would suggest a potential upside of 31.85% from the stock’s current price.

IOT has been the subject of a number of other research reports. Evercore reissued an “outperform” rating and set a $55.00 target price on shares of Samsara in a research note on Friday. Bank of America reaffirmed a “buy” rating on shares of Samsara in a research note on Friday. Jefferies Financial Group raised Samsara to a “buy” rating in a research report on Thursday, June 11th. Wells Fargo & Company reiterated an “overweight” rating and set a $58.00 price target on shares of Samsara in a report on Friday. Finally, Wolfe Research restated an “outperform” rating on shares of Samsara in a research note on Thursday, June 11th. One analyst has rated the stock with a Strong Buy rating, fourteen have assigned a Buy rating and six have given a Hold rating to the stock. Based on data from MarketBeat, Samsara currently has an average rating of “Moderate Buy” and an average target price of $50.50.

Samsara Trading Up 7.7%

NYSE IOT opened at $41.72 on Friday. Samsara has a 52 week low of $23.38 and a 52 week high of $47.47. The stock has a market cap of $24.31 billion, a price-to-earnings ratio of 437.68, a price-to-earnings-growth ratio of 8.26 and a beta of 1.35. The company has a 50-day moving average price of $37.59 and a two-hundred day moving average price of $33.17.

Samsara (NYSE:IOT) last posted its quarterly earnings data on Thursday, September 3rd. The company reported $0.20 EPS for the quarter, beating analysts’ consensus estimates of $0.16 by $0.04. Samsara had a net margin of 3.32% and a return on equity of 2.00%. The business had revenue of $508.44 million for the quarter, compared to analyst estimates of $483.29 million. During the same quarter last year, the business earned $0.12 earnings per share. The business’s revenue for the quarter 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. As a group, equities research analysts expect that Samsara will post 0.15 earnings per share for the current fiscal year.

Insider Buying and Selling at Samsara

In other news, CEO Sanjit Biswas sold 35,366 shares of the company’s stock in a transaction dated Thursday, August 20th. The shares were sold at an average price of $39.43, for a total transaction of $1,394,481.38. Following the completion of the transaction, the chief executive officer owned 935,671 shares of the company’s stock, valued at approximately $36,893,507.53. This represents a 3.64% decrease in their ownership of the stock. The sale was disclosed in a filing with the Securities & Exchange Commission, 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 dated Tuesday, August 25th. The shares were 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 in the company, valued at $16,926,685.60. This represents a 1.59% 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. Insiders sold a total of 4,458,623 shares of company stock valued at $158,550,351 in the last ninety days. Company insiders own 35.13% of the company’s stock.

Institutional Investors Weigh In On Samsara

Institutional investors have recently added to or reduced their stakes in the stock. Acumen Wealth Advisors LLC acquired a new stake in Samsara in the 4th quarter valued at $28,000. Caitong International Asset Management Co. Ltd raised its stake in Samsara by 312.6% during the fourth quarter. Caitong International Asset Management Co. Ltd now owns 883 shares of the company’s stock worth $31,000 after acquiring an additional 669 shares in the last quarter. AlphaCentric Advisors LLC acquired a new position in Samsara during the fourth quarter worth $36,000. Markowski Investments bought a new position in shares of Samsara during the second quarter valued at $37,000. Finally, IFP Advisors Inc lifted its holdings in shares of Samsara by 194.4% during the third quarter. IFP Advisors Inc now owns 1,254 shares of the company’s stock valued at $47,000 after acquiring an additional 828 shares during the period. 96.02% of the stock is owned by institutional investors and hedge funds.

Key Stories Impacting 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.

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.