Samsara (NYSE:IOT) Trading 5.4% Higher – Here’s Why

Posted by Francis Steltz on May 15th, 2026

Samsara Inc. (NYSE:IOT – Get Free Report)’s stock price was up 5.4% on Friday . The company traded as high as $29.31 and last traded at $29.4990. Approximately 660,204 shares were traded during mid-day trading, a decline of 91% from the average daily volume of 7,477,682 shares. The stock had previously closed at $27.99.

Key Stories Impacting Samsara

Here are the key news stories impacting Samsara this week:

Positive Sentiment: Recent coverage highlighted Samsara’s annual recurring revenue reaching $1.89 billion, with enterprise adoption and AI-driven products supporting the company’s long-term growth outlook. Samsara Declines 22.4% Year to Date: Buy, Hold or Sell the Stock?
Positive Sentiment: Articles also pointed to Samsara’s push into public-sector workflows and its upgrade program, suggesting the company is trying to deepen customer relationships and sustain demand despite economic uncertainty. Samsara AI Push Into Public Sector Workflows And Valuation Opportunity Samsara Announces Upgrade Program to Provide Operations Leaders with Absolute Confidence Amid Economic Uncertainty
Neutral Sentiment: Several commentaries framed Samsara as a valuation debate, with investors weighing its growth potential against a share price that remains well below prior highs. NYSE Composite: Is Samsara AI Transforming Public Operations?
Negative Sentiment: Multiple insider sales by co-founder/CEO Sanjit Biswas, co-founder John Bicket, and CAO Benjamin Louis Kirchhoff may weigh on sentiment, even though the transactions were made under pre-arranged 10b5-1 trading plans. SEC filing for Sanjit Biswas sale SEC filing for John Bicket sale SEC filing for Benjamin Louis Kirchhoff sale

Wall Street Analyst Weigh In

A number of research analysts recently weighed in on IOT shares. BTIG Research cut their price objective on Samsara from $55.00 to $45.00 and set a “buy” rating on the stock in a research note on Friday, March 6th. BNP Paribas Exane upgraded Samsara from a “neutral” rating to an “outperform” rating and set a $40.00 price target on the stock in a report on Thursday, January 15th. KeyCorp lifted their price target on shares of Samsara from $40.00 to $41.00 and gave the company an “overweight” rating in a research report on Friday, March 6th. TD Cowen reaffirmed a “buy” rating on shares of Samsara in a report on Monday, March 2nd. Finally, Zacks Research downgraded shares of Samsara from a “strong-buy” rating to a “hold” rating in a report on Tuesday, May 5th. One analyst has rated the stock with a Strong Buy rating, twelve have assigned a Buy rating, four have assigned a Hold rating and one has assigned a Sell rating to the company. According to data from MarketBeat, the stock presently has an average rating of “Moderate Buy” and an average price target of $46.18.

View Our Latest Stock Analysis on IOT

Samsara Stock Up 5.8%

The firm has a 50-day moving average price of $30.58 and a two-hundred day moving average price of $33.14. The company has a market capitalization of $17.19 billion, a P/E ratio of -1,479.26, a PEG ratio of 10.09 and a beta of 1.29.

Samsara (NYSE:IOT – Get Free Report) last announced its earnings results on Thursday, March 5th. The company reported $0.18 earnings per share (EPS) for the quarter, topping analysts’ consensus estimates of $0.13 by $0.05. Samsara had a negative net margin of 0.56% and a negative return on equity of 0.72%. The business had revenue of $444.30 million for the quarter, compared to analyst estimates of $422.29 million. During the same quarter in the previous year, the firm posted $0.11 earnings per share. Samsara’s revenue was up 28.3% compared to the same quarter last year. 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, analysts predict that Samsara Inc. will post 0.06 EPS for the current fiscal year.

Insider Transactions at Samsara

In related news, insider John Bicket sold 263,900 shares of the business’s stock in a transaction dated Tuesday, February 17th. The stock was sold at an average price of $25.87, for a total transaction of $6,827,093.00. Following the transaction, the insider directly owned 57,600 shares in the company, valued at $1,490,112. The trade was a 82.08% decrease in their ownership of the stock. The sale was disclosed in a legal filing with the SEC, which is available at this link. Also, insider Sanjit Biswas sold 263,900 shares of the company’s stock in a transaction that occurred on Tuesday, February 17th. The shares were sold at an average price of $25.87, for a total value of $6,827,093.00. Following the completion of the transaction, the insider directly owned 57,600 shares of the company’s stock, valued at approximately $1,490,112. This trade represents a 82.08% decrease in their position. The disclosure for this sale is available in the SEC filing. Insiders have sold 2,718,893 shares of company stock valued at $77,263,103 in the last ninety days. 46.49% of the stock is owned by company insiders.

Institutional Inflows and Outflows

A number of large investors have recently modified their holdings of IOT. Brighton Jones LLC bought a new stake in Samsara in the 4th quarter valued at $13,464,000. Royal Bank of Canada lifted its holdings in shares of Samsara by 100.3% during the 1st quarter. Royal Bank of Canada now owns 96,142 shares of the company’s stock worth $3,686,000 after acquiring an additional 48,135 shares during the period. Jones Financial Companies Lllp boosted its position in shares of Samsara by 2,444.6% during the 1st quarter. Jones Financial Companies Lllp now owns 17,787 shares of the company’s stock valued at $682,000 after acquiring an additional 17,088 shares in the last quarter. Empowered Funds LLC boosted its position in shares of Samsara by 3.4% during the 1st quarter. Empowered Funds LLC now owns 10,168 shares of the company’s stock valued at $390,000 after acquiring an additional 335 shares in the last quarter. Finally, Marshall Wace LLP increased its stake in Samsara by 142.4% in the second quarter. Marshall Wace LLP now owns 68,860 shares of the company’s stock valued at $2,739,000 after acquiring an additional 40,450 shares during the period. 96.02% of the stock is currently owned by institutional investors and hedge funds.

Samsara Company Profile

(Get Free Report)

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.