Analysts Set Samsara Inc. (NYSE:IOT) Price Target at $45.33

Samsara Inc. (NYSE:IOT) has received an average recommendation of “Moderate Buy” from the twenty-one analysts that are presently covering the stock, Marketbeat reports. Six research analysts have rated the stock with a hold recommendation, thirteen have assigned a buy recommendation and two have given a strong buy recommendation to the company. The average 12 month price target among analysts that have covered the stock in the last year is $45.7778.

IOT has been the subject of several analyst reports. Guggenheim initiated coverage on Samsara in a research note on Wednesday, July 22nd. They set a “buy” rating and a $45.00 price objective for the company. Wolfe Research reiterated an “outperform” rating on shares of Samsara in a research note on Thursday, June 11th. TD Cowen reissued a “buy” rating and issued a $45.00 target price on shares of Samsara in a report on Thursday, June 25th. Piper Sandler cut Samsara from an “overweight” rating to a “neutral” rating and set a $40.00 price target for the company. in a research note on Sunday, August 9th. Finally, Jefferies Financial Group raised Samsara to a “buy” rating in a report on Thursday, June 11th.

Samsara Stock Performance

NYSE IOT opened at $39.61 on Wednesday. The firm has a market cap of $23.08 billion, a PE ratio of 396.15, a P/E/G ratio of 8.93 and a beta of 1.34. Samsara has a one year low of $23.38 and a one year high of $47.47. The firm’s fifty day moving average is $35.71 and its two-hundred day moving average is $32.07.

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

Insiders Place Their Bets

In related news, Director Marc L. Andreessen sold 613,660 shares of the stock in a transaction dated Thursday, June 11th. The shares were sold at an average price of $32.27, for a total transaction of $19,802,808.20. Following the completion of the transaction, the director directly owned 2,256,487 shares of the company’s stock, valued at $72,816,835.49. This represents a 21.38% decrease in their ownership of the stock. The transaction was disclosed in a document filed with the SEC, which is available at this link. Also, insider John Bicket sold 245,925 shares of the firm’s stock in a transaction dated 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 completion of the sale, the insider owned 94,000 shares of the company’s stock, valued at approximately $3,456,380. The trade was a 72.35% 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 quarter, insiders sold 4,471,294 shares of company stock worth $154,055,223. 35.13% of the stock is owned by insiders.

Hedge Funds Weigh In On Samsara

A number of large investors have recently modified their holdings of the business. USS Investment Management Ltd purchased a new position in shares of Samsara in the first quarter valued at $28,232,000. Allen Operations LLC raised its position in shares of Samsara by 83.3% during the 4th quarter. Allen Operations LLC now owns 66,020 shares of the company’s stock worth $2,340,000 after purchasing an additional 30,000 shares during the last quarter. Spyglass Capital Management LLC raised its position in shares of Samsara by 25.5% during the 1st quarter. Spyglass Capital Management LLC now owns 2,946,646 shares of the company’s stock worth $93,379,000 after purchasing an additional 599,651 shares during the last quarter. Geode Capital Management LLC lifted its stake in Samsara by 17.8% in the 4th quarter. Geode Capital Management LLC now owns 6,196,703 shares of the company’s stock valued at $219,035,000 after buying an additional 935,855 shares in the last quarter. Finally, Jordan Park Trust Co LLC lifted its stake in Samsara by 54.1% in the 4th quarter. Jordan Park Trust Co LLC now owns 3,833,929 shares of the company’s stock valued at $135,913,000 after buying an additional 1,346,628 shares in the last quarter. 96.02% of the stock is owned by hedge funds and other institutional investors.

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.