Samsara (NYSE:IOT – Get Free Report) had its price target upped by research analysts at TD Cowen from $48.00 to $53.00 in a research note issued to investors on Friday, Benzinga reports. The firm presently has a “buy” rating on the stock. TD Cowen’s target price suggests a potential upside of 28.95% from the company’s current price.
IOT has been the topic of a number of other reports. Morgan Stanley set a $49.00 target price on shares of Samsara in a report on Friday. Wells Fargo & Company reaffirmed an “overweight” rating and issued a $58.00 price target on shares of Samsara in a report on Friday. BTIG Research raised their price objective on Samsara from $45.00 to $54.00 and gave the stock a “buy” rating in a research note on Friday. Bank of America restated a “buy” rating on shares of Samsara in a report on Friday. Finally, Weiss Ratings raised Samsara from a “sell (d+)” rating to a “hold (c-)” rating in a research report on Tuesday, August 11th. One research analyst has rated the stock with a Strong Buy rating, fourteen have given a Buy rating and six have given a Hold rating to the company. Based on data from MarketBeat, the company has an average rating of “Moderate Buy” and an average target price of $50.78.
Samsara Trading Up 6.1%
Samsara (NYSE:IOT – Get Free Report) last issued its quarterly earnings results on Thursday, September 3rd. The company reported $0.20 earnings per share (EPS) for the quarter, beating analysts’ consensus estimates of $0.16 by $0.04. Samsara had a return on equity of 2.00% and a net margin of 3.32%.The firm had revenue of $508.44 million during the quarter, compared to analyst estimates of $483.29 million. During the same period last year, the company posted $0.12 EPS. The firm’s quarterly revenue 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. Sell-side analysts forecast that Samsara will post 0.15 earnings per share for the current fiscal year.
Insider Activity at Samsara
In other Samsara news, insider John Bicket sold 245,925 shares of Samsara stock in a transaction dated Tuesday, July 7th. The stock was sold at an average price of $36.77, for a total transaction of $9,042,662.25. Following the transaction, the insider owned 94,000 shares of the company’s stock, valued at $3,456,380. The trade was a 72.35% decrease in their position. The transaction was disclosed in a legal filing with the SEC, which is available through this hyperlink. The transaction was executed under a pre-arranged Rule 10b5-1 trading plan. Also, Director Marc L. Andreessen sold 613,660 shares of the company’s stock in a transaction dated Thursday, June 11th. The shares were sold at an average price of $32.27, for a total value of $19,802,808.20. Following the completion of the transaction, the director owned 2,256,487 shares in the company, valued at $72,816,835.49. This represents a 21.38% decrease in their position. Additional details regarding this sale are available in the official SEC disclosure. Over the last ninety days, insiders have sold 4,458,623 shares of company stock valued at $158,550,351. Company insiders own 35.13% of the company’s stock.
Institutional Inflows and Outflows
Institutional investors and hedge funds have recently added to or reduced their stakes in the stock. Acumen Wealth Advisors LLC purchased a new stake in Samsara in the 4th quarter worth approximately $28,000. Caitong International Asset Management Co. Ltd grew its holdings 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 valued at $31,000 after acquiring an additional 669 shares in the last quarter. AlphaCentric Advisors LLC purchased a new position in shares of Samsara during the 4th quarter valued at $36,000. Markowski Investments acquired a new position in shares of Samsara in the second quarter worth $37,000. Finally, IFP Advisors Inc increased its stake in shares of Samsara by 194.4% in the third quarter. IFP Advisors Inc now owns 1,254 shares of the company’s stock worth $47,000 after acquiring an additional 828 shares during the last quarter. 96.02% of the stock is owned by hedge funds and other institutional investors.
Key Samsara News
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.
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.
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