Brokerages Set Samsara Inc. (NYSE:IOT) Target Price at $49.38

Shares of Samsara Inc. (NYSE:IOT) have earned an average rating of “Moderate Buy” from the fifteen analysts that are presently covering the stock, MarketBeat reports. Seven investment analysts have rated the stock with a hold rating and eight have assigned a buy rating to the company. The average 12-month target price among analysts that have covered the stock in the last year is $49.3846.

Several analysts recently issued reports on IOT shares. Truist Financial upped their price objective on shares of Samsara from $35.00 to $39.00 and gave the stock a “hold” rating in a report on Friday, September 5th. Morgan Stanley lifted their target price on Samsara from $50.00 to $53.00 and gave the stock an “equal weight” rating in a research report on Monday, September 8th. Evercore ISI set a $45.00 price objective on shares of Samsara in a report on Wednesday, June 25th. Wells Fargo & Company upped their price target on Samsara from $48.00 to $50.00 and gave the company an “overweight” rating in a research report on Friday, June 6th. Finally, Zacks Research downgraded Samsara from a “strong-buy” rating to a “hold” rating in a report on Friday, August 15th.

Samsara Trading Down 1.2%

IOT stock opened at $38.04 on Friday. The firm has a market cap of $21.82 billion, a PE ratio of -237.76 and a beta of 1.61. Samsara has a 1 year low of $31.40 and a 1 year high of $61.90. The company has a fifty day simple moving average of $36.81 and a 200 day simple moving average of $39.26.

Samsara (NYSE:IOT) last announced its quarterly earnings results on Thursday, September 4th. The company reported $0.12 earnings per share for the quarter, topping analysts’ consensus estimates of $0.07 by $0.05. Samsara had a negative return on equity of 7.53% and a negative net margin of 6.16%.The company had revenue of $391.48 million during the quarter, compared to analysts’ expectations of $372.22 million. During the same quarter in the previous year, the firm earned $0.05 earnings per share. The business’s quarterly revenue was up 30.4% compared to the same quarter last year. Samsara has set its FY 2026 guidance at 0.450-0.470 EPS. Q3 2026 guidance at 0.110-0.12 EPS. As a group, analysts forecast that Samsara will post -0.3 EPS for the current fiscal year.

Insider Activity at Samsara

In related news, major shareholder Horowitz Lsv Fund I. Andreessen sold 793,331 shares of the firm’s stock in a transaction that occurred on Tuesday, September 9th. The shares were sold at an average price of $38.55, for a total value of $30,582,910.05. The sale was disclosed in a document filed with the Securities & Exchange Commission, which is available at this link. Also, insider John Bicket sold 133,421 shares of the company’s stock in a transaction on Tuesday, September 23rd. The shares were sold at an average price of $38.97, for a total value of $5,199,416.37. Following the transaction, the insider directly owned 42,000 shares in the company, valued at $1,636,740. This trade represents a 76.06% decrease in their position. The disclosure for this sale can be found here. Insiders have sold a total of 3,710,842 shares of company stock valued at $139,532,429 over the last ninety days. Company insiders own 46.49% of the company’s stock.

Institutional Investors Weigh In On Samsara

Several large investors have recently bought and sold shares of IOT. Corient Private Wealth LLC increased its holdings in shares of Samsara by 18.4% in the second quarter. Corient Private Wealth LLC now owns 39,417 shares of the company’s stock worth $1,568,000 after acquiring an additional 6,130 shares in the last quarter. Cim LLC boosted its holdings in shares of Samsara by 3.9% in the 2nd quarter. Cim LLC now owns 32,374 shares of the company’s stock valued at $1,288,000 after buying an additional 1,226 shares during the last quarter. Johns Hopkins University acquired a new stake in Samsara in the second quarter valued at $2,305,000. Captrust Financial Advisors lifted its stake in Samsara by 13.8% in the 2nd quarter. Captrust Financial Advisors now owns 13,054 shares of the company’s stock valued at $519,000 after purchasing an additional 1,581 shares during the last quarter. Finally, Oxford Asset Management LLP boosted its stake in shares of Samsara by 266.4% during the 2nd quarter. Oxford Asset Management LLP now owns 26,909 shares of the company’s stock worth $1,070,000 after acquiring an additional 19,564 shares during the period. Institutional investors own 96.02% of the company’s stock.

Samsara Company Profile

Samsara Inc provides solutions that connects physical operations data to its connected operations cloud in the United States and internationally. The company's Connected Operations Cloud includes Data Platform, which ingests, aggregates, and enriches data from its IoT devices and has embedded capabilities for AI, workflows and analytics, alerts, API connections, and data security and privacy.