Wells Fargo & Company Issues Positive Forecast for Samsara (NYSE:IOT) Stock Price

Samsara (NYSE:IOT) had its price objective hoisted by Wells Fargo & Company from $43.00 to $46.00 in a research note published on Friday,Benzinga reports. The brokerage currently has an overweight rating on the stock.

Several other equities analysts have also recently weighed in on IOT. BTIG Research cut their price objective on Samsara from $55.00 to $45.00 and set a “buy” rating for the company in a research report on Friday. Piper Sandler reaffirmed an “overweight” rating and issued a $39.00 price target (up from $37.00) on shares of Samsara in a research report on Friday. Royal Bank Of Canada set a $35.00 price target on Samsara in a report on Wednesday, February 11th. JPMorgan Chase & Co. increased their price objective on Samsara from $46.00 to $48.00 and gave the company a “neutral” rating in a research report on Friday, December 5th. Finally, KeyCorp boosted their target price on shares of Samsara from $40.00 to $41.00 and gave the stock an “overweight” rating in a research report on Friday. One analyst has rated the stock with a Strong Buy rating, twelve have assigned a Buy rating, four have given a Hold rating and one has assigned a Sell rating to the company. According to data from MarketBeat, the company currently has an average rating of “Moderate Buy” and a consensus price target of $46.18.

Samsara Price Performance

NYSE:IOT traded up $5.88 during midday trading on Friday, reaching $35.46. The stock had a trading volume of 33,380,766 shares, compared to its average volume of 8,139,311. The stock has a market capitalization of $20.46 billion, a P/E ratio of -1,772.11 and a beta of 1.60. Samsara has a 1-year low of $23.38 and a 1-year high of $48.40. The firm’s fifty day simple moving average is $30.37 and its 200-day simple moving average is $35.54.

Samsara (NYSE:IOT) last released its earnings results on Thursday, March 5th. The company reported $0.18 earnings per share for the quarter, topping analysts’ consensus estimates of $0.13 by $0.05. The firm had revenue of $444.30 million during the quarter, compared to analyst estimates of $422.29 million. Samsara had a negative net margin of 0.56% and a negative return on equity of 0.75%. The business’s revenue was up 28.3% on a year-over-year basis. During the same quarter in the previous year, the business earned $0.11 EPS. Samsara has set its Q1 2027 guidance at 0.120-0.130 EPS and its FY 2027 guidance at 0.650-0.690 EPS. On average, equities research analysts anticipate that Samsara will post -0.3 earnings per share for the current fiscal year.

Insiders Place Their Bets

In other Samsara news, insider Sanjit Biswas sold 263,900 shares of the business’s stock in a transaction on Tuesday, January 6th. The shares were sold at an average price of $34.40, for a total value of $9,078,160.00. Following the sale, the insider owned 89,400 shares of the company’s stock, valued at $3,075,360. The trade was a 74.70% decrease in their position. The sale was disclosed in a filing with the SEC, which can be accessed through this link. Also, insider John Bicket sold 263,900 shares of the stock in a transaction on Tuesday, January 6th. The shares were sold at an average price of $34.40, for a total transaction of $9,078,160.00. Following the completion of the transaction, the insider owned 89,400 shares of the company’s stock, valued at approximately $3,075,360. This represents a 74.70% decrease in their position. The SEC filing for this sale provides additional information. Insiders sold 2,905,115 shares of company stock valued at $92,037,864 over the last 90 days. 46.49% of the stock is currently owned by corporate insiders.

Institutional Trading of Samsara

A number of institutional investors and hedge funds have recently added to or reduced their stakes in IOT. Caitong International Asset Management Co. Ltd raised its position in Samsara by 2,247.2% in the fourth quarter. Caitong International Asset Management Co. Ltd now owns 5,023 shares of the company’s stock worth $178,000 after purchasing an additional 4,809 shares in the last quarter. Sit Investment Associates Inc. boosted its holdings in Samsara by 13.2% during the fourth quarter. Sit Investment Associates Inc. now owns 70,320 shares of the company’s stock valued at $2,493,000 after purchasing an additional 8,205 shares in the last quarter. Virtu Financial LLC bought a new stake in shares of Samsara in the 4th quarter valued at approximately $591,000. Invesco Ltd. raised its stake in Samsara by 153.1% during the fourth quarter. Invesco Ltd. now owns 889,290 shares of the company’s stock worth $31,525,000 after acquiring an additional 537,966 shares in the last quarter. Finally, Alberta Investment Management Corp acquired a new stake in shares of Samsara in the 4th quarter valued at $1,241,000. Institutional investors own 96.02% of the company’s stock.

Samsara News Roundup

Here are the key news stories impacting Samsara this week:

• Positive Sentiment: Q4 results and outlook beat — Samsara reported adjusted Q4 EPS of $0.18 and revenue of $444.3M (both above consensus), ARR ~ $1.9B (+30% Y/Y) and guided FY‑2027 revenue and EPS well above Street expectations; that combination is the primary catalyst lifting the stock. Read More.
• Positive Sentiment: Analyst upgrades and higher price targets — multiple firms (Wells Fargo, BMO, RBC, KeyCorp, Piper Sandler and others) raised targets or reaffirmed overweight/outperform ratings after the report, adding buy-side momentum. Read More.
• Positive Sentiment: Unusual bullish options flow — traders bought ~18,122 call contracts (≈129% above normal daily call volume), signaling short-term speculative bullish interest and supporting intraday upside.
• Neutral Sentiment: Positive media and analyst write-ups highlight AI-driven ARR acceleration and margin expansion, which supports the longer-term growth story but will be watched for execution. Read More.
• Neutral Sentiment: Some headline metrics differ by accounting treatment — third‑party summaries flagged GAAP differences (lower GAAP EPS/operating profit moves) versus the company’s adjusted figures, a nuance investors should check in the call transcript/slide deck. Read More.
• Negative Sentiment: Insider selling remains notable — public filings show substantial insider share sales over recent months, which some investors view as a governance/lockup-related overhang. Read More.
• Negative Sentiment: Mixed analyst adjustments — while most targets rose, a few firms trimmed their targets (e.g., BTIG lowered its target though it remains constructive), indicating some variance in valuation views that could cap upside. Read More.

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.