Samsara’s (IOT) Buy Rating Reiterated at TD Cowen

Samsara (NYSE:IOT)‘s stock had its “buy” rating reaffirmed by analysts at TD Cowen in a note issued to investors on Thursday,Benzinga reports. They currently have a $45.00 price objective on the stock. TD Cowen’s price target would indicate a potential upside of 49.74% from the company’s current price.

Other analysts have also issued reports about the stock. Jefferies Financial Group upgraded shares of Samsara to a “buy” rating in a report on Thursday, June 11th. Wolfe Research reaffirmed an “outperform” rating on shares of Samsara in a research report on Thursday, June 11th. Zacks Research lowered Samsara from a “strong-buy” rating to a “hold” rating in a research report on Tuesday, May 5th. Royal Bank Of Canada increased their price objective on Samsara from $41.00 to $42.00 and gave the stock an “outperform” rating in a report on Friday, June 5th. Finally, Piper Sandler reiterated an “overweight” rating and issued a $40.00 price objective (up from $39.00) on shares of Samsara in a research report on Friday, June 5th. One equities research analyst has rated the stock with a Strong Buy rating, fourteen have given a Buy rating, four have given a Hold rating and one has given a Sell rating to the company’s stock. Based on data from MarketBeat.com, the company currently has an average rating of “Moderate Buy” and an average price target of $45.94.

Samsara Stock Down 3.8%

Shares of Samsara stock traded down $1.19 on Thursday, hitting $30.05. The stock had a trading volume of 1,342,122 shares, compared to its average volume of 7,354,119. Samsara has a one year low of $23.38 and a one year high of $47.47. The stock’s 50-day simple moving average is $31.25 and its two-hundred day simple moving average is $31.97. The stock has a market cap of $17.51 billion, a price-to-earnings ratio of 299.70, a PEG ratio of 7.31 and a beta of 1.34.

Samsara (NYSE:IOT) last posted its quarterly earnings results on Thursday, June 4th. The company reported $0.17 EPS for the quarter, beating analysts’ consensus estimates of $0.13 by $0.04. The company had revenue of $478.84 million during the quarter, compared to analyst estimates of $455.21 million. Samsara had a net margin of 3.32% and a return on equity of 2.00%. The firm’s revenue was up 30.5% compared to the same quarter last year. During the same period in the prior year, the business posted $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, equities analysts predict that Samsara will post 0.15 EPS for the current fiscal year.

Insider Buying and Selling at Samsara

In other news, CAO Benjamin Louis Kirchhoff sold 2,549 shares of the firm’s stock in a transaction that occurred on Monday, June 15th. The stock was sold at an average price of $33.74, for a total value of $86,003.26. Following the completion of the transaction, the chief accounting officer owned 167,269 shares in the company, valued at $5,643,656.06. This trade represents a 1.50% decrease in their position. The transaction was disclosed in a document filed with the SEC, which is available through this hyperlink. The transaction was executed under a pre-arranged Rule 10b5-1 trading plan. The sale was made to cover tax withholding obligations related to the vesting of equity awards. Also, Director Jonathan Chadwick sold 10,000 shares of the business’s stock in a transaction on Monday, June 15th. The shares were sold at an average price of $33.47, for a total transaction of $334,700.00. Following the sale, the director owned 43,865 shares in the company, valued at approximately $1,468,161.55. This trade represents a 18.56% 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. In the last 90 days, insiders sold 4,984,863 shares of company stock worth $155,814,055. Insiders own 35.13% of the company’s stock.

Institutional Trading of Samsara

Institutional investors have recently bought and sold shares of the company. Baillie Gifford & Co. increased its position in shares of Samsara by 15.0% during the fourth quarter. Baillie Gifford & Co. now owns 47,660,513 shares of the company’s stock valued at $1,689,565,000 after acquiring an additional 6,208,553 shares in the last quarter. Goldman Sachs Group Inc. lifted its position in Samsara by 58.9% in the 4th quarter. Goldman Sachs Group Inc. now owns 11,878,112 shares of the company’s stock valued at $421,079,000 after acquiring an additional 4,401,082 shares in the last quarter. Norges Bank purchased a new stake in Samsara during the 4th quarter valued at $127,415,000. Vanguard Group Inc. boosted its stake in Samsara by 11.5% during the 4th 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 last quarter. Finally, Brown Advisory Inc. increased its holdings in shares of Samsara by 42.1% in the 4th quarter. Brown Advisory Inc. now owns 11,213,972 shares of the company’s stock worth $397,536,000 after purchasing an additional 3,322,023 shares in the last quarter. 96.02% of the stock is owned by hedge funds and other institutional investors.

Samsara News Roundup

Here are the key news stories impacting Samsara this week:

• Positive Sentiment: Samsara unveiled several new products aimed at expanding its platform, including a 360 Camera for operated equipment, expanded AI multicam and two-way voice features, and new agentic tools through Agent Studio that automate operational tasks. These launches reinforce the company’s AI-driven growth story and could support future revenue. Article Title
• Positive Sentiment: The company also introduced the Tracking Label and Agentic Shipment Center, which aim to close supply-chain visibility gaps and address cargo theft risk. That could strengthen Samsara’s value proposition in logistics and raise adoption of its connected operations platform. Article Title
• Positive Sentiment: Coverage around Samsara’s “smart tracking label” and its focus on the $35 billion cargo theft problem highlights a potentially large addressable market and growing investor enthusiasm for its supply-chain products. Article Title
• Neutral Sentiment: An analyst/investor day transcript was published, suggesting management recently provided additional detail on strategy and growth priorities. This is usually viewed as a credibility-building event, but the direct stock impact depends on whether investors find the updates more compelling than expected. Article Title
• Negative Sentiment: Insider Adam Eltoukhy sold 1,614 shares under a pre-arranged trading plan. While the sale was relatively small and routine, insider selling can still weigh on sentiment for a stock already trading at a premium valuation. Article Title

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.