Samsara (NYSE:IOT – Get Free Report) had its price objective upped by stock analysts at KeyCorp from $46.00 to $55.00 in a note issued to investors on Friday, Benzinga reports. The firm currently has an “overweight” rating on the stock. KeyCorp’s target price indicates a potential upside of 31.85% from the stock’s current price.
Several other research analysts also recently issued reports on the company. BTIG Research lifted their price objective on Samsara from $45.00 to $54.00 and gave the stock a “buy” rating in a research report on Friday. BMO Capital Markets lifted their price objective on Samsara from $44.00 to $54.00 and gave the stock an “outperform” rating in a research report on Friday. TD Cowen upped their target price on shares of Samsara from $45.00 to $48.00 and gave the company a “buy” rating in a report on Thursday, August 20th. Wells Fargo & Company reiterated an “overweight” rating and set a $58.00 price target on shares of Samsara in a report on Friday. Finally, Royal Bank Of Canada boosted their price objective on shares of Samsara from $42.00 to $50.00 and gave the company an “outperform” rating in a research report on Friday, August 14th. One investment analyst has rated the stock with a Strong Buy rating, fourteen have issued a Buy rating and six have issued a Hold rating to the stock. According to MarketBeat.com, the company currently has a consensus rating of “Moderate Buy” and a consensus target price of $50.50.
Samsara Stock Performance
Samsara (NYSE:IOT – Get Free Report) last released its quarterly earnings data on Thursday, September 3rd. The company reported $0.20 EPS for the quarter, topping the consensus estimate 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 period in the previous year, the firm earned $0.12 EPS. The business’s revenue for the quarter was up 29.9% compared to the same quarter last year. 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, sell-side analysts forecast that Samsara will post 0.15 EPS for the current fiscal year.
Insider Buying and Selling
In related news, 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 sale, 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 ownership of the stock. The transaction was disclosed in a document filed with the Securities & Exchange Commission, which can be accessed through the SEC website. The transaction was executed under a pre-arranged Rule 10b5-1 trading plan. Also, CEO Sanjit Biswas sold 35,366 shares of the company’s stock in a transaction that occurred on Thursday, August 20th. The stock was sold at an average price of $39.43, for a total transaction of $1,394,481.38. Following the transaction, the chief executive officer directly owned 935,671 shares of the company’s stock, valued at $36,893,507.53. This trade represents a 3.64% 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. Over the last three months, insiders have sold 4,458,623 shares of company stock valued at $158,550,351. Insiders own 35.13% of the company’s stock.
Institutional Trading of Samsara
A number of institutional investors and hedge funds have recently bought and sold shares of IOT. USS Investment Management Ltd bought a new stake in shares of Samsara during the 1st quarter valued at about $28,232,000. Spyglass Capital Management LLC boosted its stake in Samsara by 25.5% in the first quarter. Spyglass Capital Management LLC now owns 2,946,646 shares of the company’s stock valued at $93,379,000 after acquiring an additional 599,651 shares during the period. Allen Operations LLC boosted its stake in Samsara by 83.3% in the fourth quarter. Allen Operations LLC now owns 66,020 shares of the company’s stock valued at $2,340,000 after acquiring an additional 30,000 shares during the period. Geode Capital Management LLC grew its holdings in shares of Samsara by 17.8% during the fourth quarter. Geode Capital Management LLC now owns 6,196,703 shares of the company’s stock valued at $219,035,000 after purchasing an additional 935,855 shares during the last quarter. Finally, Jordan Park Trust Co LLC raised its position in shares of Samsara by 54.1% during the 4th quarter. Jordan Park Trust Co LLC now owns 3,833,929 shares of the company’s stock worth $135,913,000 after purchasing an additional 1,346,628 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.
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.
Read More
- Five stocks we like better than Samsara
- Survey Reveals: America’s Top Autumn Activities that are Free [2026]
- Defying Gravity: Space Stocks Reach Escape Velocity
- Credo Technology Just Plunged 20%—Did the Market Overreact?
- Accelerant’s Take-Private Deal Raises a Bigger Question for Insurance Stocks
Receive News & Ratings for Samsara Daily - Enter your email address below to receive a concise daily summary of the latest news and analysts' ratings for Samsara and related companies with MarketBeat.com's FREE daily email newsletter.
