Brokerages Set Samsara Inc. (NYSE:IOT) Price Target at $45.94

Samsara Inc. (NYSE:IOTGet Free Report) has been assigned an average recommendation of “Moderate Buy” from the twenty analysts that are presently covering the firm, Marketbeat reports. One analyst has rated the stock with a sell rating, four have given a hold rating, fourteen have assigned a buy rating and one has given a strong buy rating to the company. The average 12-month target price among brokerages that have issued a report on the stock in the last year is $45.9412.

IOT has been the topic of several recent research reports. KeyCorp reaffirmed an “overweight” rating on shares of Samsara in a report on Friday, June 26th. Jefferies Financial Group raised Samsara to a “buy” rating in a report on Thursday, June 11th. Royal Bank Of Canada upped their target price on Samsara from $41.00 to $42.00 and gave the stock an “outperform” rating in a research note on Friday, June 5th. Weiss Ratings upgraded Samsara from a “sell (d-)” rating to a “sell (d+)” rating in a research report on Monday, June 15th. Finally, TD Cowen reissued a “buy” rating and issued a $45.00 price target on shares of Samsara in a report on Thursday, June 25th.

View Our Latest Stock Analysis on Samsara

Insider Activity

In related news, CEO Sanjit Biswas sold 244,805 shares of the stock in a transaction on Tuesday, July 7th. The shares were sold at an average price of $36.77, for a total transaction of $9,001,479.85. Following the sale, the chief executive officer directly owned 94,000 shares of the company’s stock, valued at approximately $3,456,380. This represents a 72.26% decrease in their ownership of the stock. The sale was disclosed in a filing with the SEC, which is available at this hyperlink. The transaction was executed under a pre-arranged Rule 10b5-1 trading plan. Also, insider John Bicket sold 245,925 shares of the firm’s stock in a transaction on Tuesday, July 7th. The shares were sold at an average price of $36.77, for a total transaction of $9,042,662.25. Following the sale, the insider owned 94,000 shares in the company, valued at approximately $3,456,380. This represents a 72.35% decrease in their position. Additional details regarding this sale are available in the official SEC disclosure. The transaction was executed under a pre-arranged Rule 10b5-1 trading plan. Insiders sold a total of 4,464,637 shares of company stock valued at $144,511,167 in the last three months. 35.13% of the stock is currently owned by corporate insiders.

Institutional Investors Weigh In On Samsara

Institutional investors have recently modified their holdings of the business. Baillie Gifford & Co. raised its holdings in Samsara by 15.0% in the 4th quarter. Baillie Gifford & Co. now owns 47,660,513 shares of the company’s stock worth $1,689,565,000 after purchasing an additional 6,208,553 shares during the period. Vanguard Group Inc. grew its holdings in Samsara by 11.5% in the fourth quarter. Vanguard Group Inc. now owns 33,134,549 shares of the company’s stock valued at $1,174,620,000 after purchasing an additional 3,417,849 shares during the period. Goldman Sachs Group Inc. increased its position in shares of Samsara by 58.9% in the fourth quarter. Goldman Sachs Group Inc. now owns 11,878,112 shares of the company’s stock valued at $421,079,000 after buying an additional 4,401,082 shares in the last quarter. Brown Advisory Inc. increased its position in shares of Samsara by 42.1% in the fourth quarter. Brown Advisory Inc. now owns 11,213,972 shares of the company’s stock valued at $397,536,000 after buying an additional 3,322,023 shares in the last quarter. Finally, State Street Corp raised its stake in shares of Samsara by 15.8% during the 4th quarter. State Street Corp now owns 6,920,219 shares of the company’s stock worth $245,322,000 after buying an additional 944,485 shares during the period. 96.02% of the stock is currently owned by institutional investors and hedge funds.

Samsara Trading Up 0.8%

IOT opened at $38.62 on Friday. Samsara has a 12-month low of $23.38 and a 12-month high of $47.47. The firm has a market capitalization of $22.50 billion, a PE ratio of 386.20, a P/E/G ratio of 8.98 and a beta of 1.35. The firm has a 50 day moving average of $33.36 and a two-hundred day moving average of $31.45.

Samsara (NYSE:IOTGet Free Report) last released its quarterly earnings data on Thursday, June 4th. The company reported $0.17 EPS for the quarter, beating the consensus estimate of $0.13 by $0.04. The business had revenue of $478.84 million for the quarter, compared to the consensus estimate of $455.21 million. Samsara had a net margin of 3.32% and a return on equity of 2.00%. The business’s revenue for the quarter was up 30.5% on a year-over-year basis. During the same period in the prior year, the firm earned $0.11 EPS. Samsara has set its Q2 2027 guidance at 0.150-0.160 EPS and its FY 2027 guidance at 0.700-0.720 EPS. As a group, analysts predict that Samsara will post 0.15 EPS for the current fiscal year.

About Samsara

(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.

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Analyst Recommendations for Samsara (NYSE:IOT)

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