Samsara (NYSE:IOT) Upgraded to Outperform at BNP Paribas Exane

Samsara (NYSE:IOT) was upgraded by BNP Paribas Exane from a “neutral” rating to an “outperform” rating in a research report issued on Thursday,Finviz reports. The firm presently has a $40.00 price objective on the stock. BNP Paribas Exane’s target price suggests a potential upside of 18.21% from the stock’s current price.

Several other research firms have also recently commented on IOT. Piper Sandler boosted their target price on Samsara from $48.00 to $49.00 and gave the stock an “overweight” rating in a research note on Friday, December 5th. Royal Bank Of Canada decreased their price objective on Samsara from $50.00 to $46.00 and set an “outperform” rating for the company in a research note on Monday, January 5th. Wells Fargo & Company boosted their price objective on Samsara from $50.00 to $52.00 and gave the stock an “overweight” rating in a research report on Friday, December 5th. Bank of America raised their target price on shares of Samsara from $53.00 to $55.00 and gave the company a “buy” rating in a report on Friday, December 5th. Finally, TD Cowen lifted their price target on shares of Samsara from $49.00 to $55.00 and gave the stock a “buy” rating in a research note on Friday, December 5th. Two investment analysts have rated the stock with a Strong Buy rating, twelve have issued a Buy rating, five have given a Hold rating and one has given a Sell rating to the company. According to data from MarketBeat, the stock currently has an average rating of “Moderate Buy” and an average target price of $50.56.

Samsara Stock Performance

Shares of IOT stock opened at $33.84 on Thursday. Samsara has a fifty-two week low of $31.40 and a fifty-two week high of $61.90. The company has a 50 day moving average price of $37.76 and a 200 day moving average price of $37.69. The stock has a market capitalization of $19.52 billion, a P/E ratio of -422.98 and a beta of 1.62.

Samsara (NYSE:IOT) last issued its quarterly earnings results on Thursday, December 4th. The company reported $0.01 EPS for the quarter, missing the consensus estimate of $0.12 by ($0.11). Samsara had a negative net margin of 2.79% and a negative return on equity of 3.49%. The business had revenue of $415.98 million during the quarter, compared to analysts’ expectations of $398.92 million. During the same period in the prior year, the business earned $0.07 EPS. The business’s quarterly revenue was up 29.2% on a year-over-year basis. Samsara has set its FY 2026 guidance at 0.500-0.500 EPS and its Q4 2026 guidance at 0.120-0.130 EPS. On average, research analysts forecast that Samsara will post -0.3 EPS for the current fiscal year.

Insider Buying and Selling at Samsara

In related news, insider John Bicket sold 263,900 shares of the business’s stock in a transaction that occurred on Tuesday, January 6th. The stock was sold at an average price of $34.40, for a total transaction of $9,078,160.00. Following the completion of the sale, the insider owned 89,400 shares in the company, valued at $3,075,360. The trade was a 74.70% decrease in their ownership of the stock. The transaction was disclosed in a document filed with the Securities & Exchange Commission, which is available through the SEC website. Also, Director Jonathan Chadwick sold 10,000 shares of the company’s stock in a transaction that occurred on Friday, December 26th. The shares were sold at an average price of $36.61, for a total value of $366,100.00. Following the completion of the transaction, the director directly owned 43,865 shares of the company’s stock, valued at $1,605,897.65. This trade represents a 18.56% decrease in their ownership of the stock. Additional details regarding this sale are available in the official SEC disclosure. In the last ninety days, insiders have sold 2,675,155 shares of company stock worth $99,622,791. 46.49% of the stock is currently owned by corporate insiders.

Institutional Inflows and Outflows

Hedge funds have recently modified their holdings of the stock. Catalyst Capital Advisors LLC purchased a new stake in Samsara in the second quarter valued at $28,000. Versant Capital Management Inc grew its holdings in shares of Samsara by 6,078.6% during the third quarter. Versant Capital Management Inc now owns 865 shares of the company’s stock worth $32,000 after purchasing an additional 851 shares during the last quarter. Family Legacy Financial Solutions LLC acquired a new stake in shares of Samsara during the second quarter worth about $40,000. Whipplewood Advisors LLC lifted its holdings in shares of Samsara by 349.8% in the 2nd quarter. Whipplewood Advisors LLC now owns 1,093 shares of the company’s stock valued at $43,000 after purchasing an additional 850 shares during the last quarter. Finally, Optiver Holding B.V. boosted its position in shares of Samsara by 953.2% in the 3rd quarter. Optiver Holding B.V. now owns 1,169 shares of the company’s stock valued at $44,000 after purchasing an additional 1,058 shares during the period. 96.02% of the stock is owned by hedge funds and other institutional investors.

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.