Brokerages Set Samsara Inc. (NYSE:IOT) Price Target at $52.44

Samsara Inc. (NYSE:IOT) has been given a consensus rating of “Moderate Buy” by the twenty-one research firms that are presently covering the firm, Marketbeat.com reports. Six investment analysts have rated the stock with a hold rating and fifteen have issued a buy rating on the company. The average 1-year price target among analysts that have covered the stock in the last year is $52.4444.

Several equities analysts have issued reports on IOT shares. Wolfe Research reaffirmed an “outperform” rating on shares of Samsara in a report on Thursday, June 11th. Morgan Stanley upped their target price on Samsara from $43.00 to $49.00 and gave the company an “equal weight” rating in a research report on Friday. BNP Paribas Exane raised their price target on Samsara from $40.00 to $55.00 and gave the stock an “outperform” rating in a research note on Friday, September 4th. Piper Sandler reissued a “neutral” rating and issued a $46.00 price objective (up from $40.00) on shares of Samsara in a report on Friday. Finally, Jefferies Financial Group upgraded shares of Samsara to a “buy” rating in a research report on Thursday, June 11th.

Samsara Stock Performance

Shares of IOT opened at $40.03 on Friday. Samsara has a 1 year low of $23.38 and a 1 year high of $47.47. The stock has a market capitalization of $23.33 billion, a PE ratio of 250.21, a PEG ratio of 9.03 and a beta of 1.35. The stock has a 50-day simple moving average of $38.08 and a 200-day simple moving average of $33.45.

Samsara (NYSE:IOT) last released its earnings results on Thursday, September 3rd. The company reported $0.20 earnings per share 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 analyst estimates of $483.29 million. Samsara had a net margin of 4.90% and a return on equity of 4.27%. The business’s quarterly revenue was up 29.9% compared to the same quarter last year. During the same period in the prior year, the firm earned $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. Analysts predict that Samsara will post 0.15 EPS for the current year.

Insider Activity at Samsara

In other Samsara news, insider Adam Eltoukhy sold 6,876 shares of Samsara stock in a transaction that occurred on Tuesday, August 25th. The stock was sold at an average price of $39.82, for a total value of $273,802.32. Following the transaction, the insider directly owned 425,080 shares in the company, valued at approximately $16,926,685.60. This trade represents a 1.59% decrease in their position. The sale was disclosed in a document filed with the SEC, which can be accessed 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 that occurred on Thursday, August 20th. The shares were sold at an average price of $39.44, for a total value of $1,362,928.08. Following the completion of the transaction, the insider directly owned 1,134,795 shares in the company, valued at approximately $44,756,314.80. The trade was a 2.96% 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 2,815,796 shares of company stock worth $102,734,129 in the last 90 days. 35.13% of the stock is owned by insiders.

Hedge Funds Weigh In On Samsara

Institutional investors and hedge funds have recently made changes to their positions in the stock. Acumen Wealth Advisors LLC acquired a new stake in shares of Samsara in the fourth quarter valued at approximately $28,000. Caitong International Asset Management Co. Ltd raised its position in shares of Samsara by 312.6% during the 4th quarter. Caitong International Asset Management Co. Ltd now owns 883 shares of the company’s stock worth $31,000 after purchasing an additional 669 shares during the last quarter. AlphaCentric Advisors LLC acquired a new position in shares of Samsara during the 4th quarter worth approximately $36,000. Markowski Investments purchased a new stake in Samsara in the 2nd quarter valued at approximately $37,000. Finally, IFP Advisors Inc lifted its stake in Samsara by 194.4% in the 3rd quarter. IFP Advisors Inc now owns 1,254 shares of the company’s stock valued at $47,000 after buying an additional 828 shares in the last quarter. 96.02% of the stock is owned by institutional investors and hedge funds.

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.