BTIG Research Reiterates “Buy” Rating for Samsara (NYSE:IOT)

Samsara (NYSE:IOT)‘s stock had its “buy” rating reaffirmed by research analysts at BTIG Research in a report issued on Friday,Benzinga reports. They currently have a $45.00 price target on the stock. BTIG Research’s target price suggests a potential upside of 27.53% from the stock’s current price.

IOT has been the topic of a number of other research reports. Weiss Ratings upgraded Samsara from a “sell (e+)” rating to a “sell (d-)” rating in a report on Monday. Piper Sandler restated an “overweight” rating on shares of Samsara in a research note on Friday. Royal Bank Of Canada reaffirmed an “outperform” rating and issued a $42.00 price objective on shares of Samsara in a research note on Friday. TD Cowen restated a “buy” rating on shares of Samsara in a report on Friday, May 22nd. Finally, BMO Capital Markets boosted their price objective on shares of Samsara from $40.00 to $44.00 and gave the stock an “outperform” rating in a research note on Friday, March 6th. One investment analyst has rated the stock with a Strong Buy rating, twelve have issued a Buy rating, four have issued a Hold rating and one has given a Sell rating to the company. According to MarketBeat, the company presently has an average rating of “Moderate Buy” and a consensus price target of $46.24.

Samsara Stock Performance

Samsara stock opened at $35.29 on Friday. Samsara has a 1 year low of $23.38 and a 1 year high of $48.40. The firm has a 50 day moving average price of $30.59 and a 200 day moving average price of $32.44. The company has a market cap of $20.49 billion, a price-to-earnings ratio of -1,763.47, a PEG ratio of 10.81 and a beta of 1.34.

Samsara (NYSE:IOT) last posted its quarterly earnings results on Thursday, March 5th. The company reported $0.18 earnings per share 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 company had revenue of $444.30 million for the quarter, compared to the consensus estimate of $422.29 million. During the same quarter last year, the firm posted $0.11 earnings per share. Samsara’s revenue was up 28.3% on a year-over-year basis. Sell-side analysts predict that Samsara will post 0.08 EPS for the current year.

Insider Activity

In other news, CAO Benjamin Louis Kirchhoff sold 2,554 shares of the business’s stock in a transaction on Wednesday, May 13th. The shares were sold at an average price of $27.47, for a total transaction of $70,158.38. Following the transaction, the chief accounting officer directly owned 111,704 shares of the company’s stock, valued at approximately $3,068,508.88. The trade was a 2.24% decrease in their ownership of the stock. The transaction was disclosed in a document filed with the SEC, which is available at this hyperlink. The transaction was executed under a pre-arranged Rule 10b5-1 trading plan. Also, insider Adam Eltoukhy sold 5,473 shares of the company’s stock in a transaction on Wednesday, May 20th. The shares were sold at an average price of $30.21, for a total transaction of $165,339.33. Following the completion of the transaction, the insider owned 468,305 shares of the company’s stock, valued at $14,147,494.05. This trade represents a 1.16% decrease in their ownership of the stock. 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. Over the last ninety days, insiders have sold 2,700,139 shares of company stock worth $79,212,871. Company insiders own 35.13% of the company’s stock.

Hedge Funds Weigh In On Samsara

A number of institutional investors and hedge funds have recently added to or reduced their stakes in the company. Acumen Wealth Advisors LLC purchased a new stake in shares of Samsara during the fourth quarter worth about $28,000. Caitong International Asset Management Co. Ltd boosted its holdings in Samsara by 312.6% in the fourth quarter. Caitong International Asset Management Co. Ltd now owns 883 shares of the company’s stock valued at $31,000 after purchasing an additional 669 shares during the last quarter. AlphaCentric Advisors LLC purchased a new position in Samsara in the fourth quarter valued at about $36,000. Optiver Holding B.V. grew its stake in Samsara by 953.2% during the 3rd quarter. Optiver Holding B.V. now owns 1,169 shares of the company’s stock valued at $44,000 after purchasing an additional 1,058 shares in the last quarter. Finally, IFP Advisors Inc grew its stake in Samsara by 194.4% during the 3rd quarter. IFP Advisors Inc now owns 1,254 shares of the company’s stock valued at $47,000 after purchasing an additional 828 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 beat Q1 expectations, reporting EPS of $0.17 to $0.18 versus consensus around $0.13, and revenue of about $479 million to $444 million depending on the source, both ahead of estimates. The company also said revenue grew roughly 30% year over year, showing strong demand for its connected operations platform. Samsara Reports First Quarter Fiscal Year 2027 Financial Results
• Positive Sentiment: Management raised full-year FY2027 guidance, with EPS guidance of $0.70-$0.72 well above the Street’s roughly $0.56 estimate, and second-quarter revenue guidance of $482 million-$484 million also slightly ahead of expectations. That suggests continued operating leverage and solid top-line momentum. Samsara Reports First Quarter Fiscal Year 2027 Financial Results
• Neutral Sentiment: The company highlighted that it is approaching $2 billion in annual recurring revenue and called out accelerating growth, deeper enterprise adoption, and momentum in “Operational AI,” which supports the long-term investment thesis but is not a near-term catalyst by itself. Samsara Approaches $2 Billion in ARR Amid Physical Economy Boom
• Negative Sentiment: Despite the strong quarter, investors appear wary that the guidance may not be strong enough to satisfy a richly valued growth stock, and the earnings call transcript and Barron’s coverage indicate the market is zeroing in on forward expectations rather than the current-quarter beat. Samsara Stock Drops After Earnings. What’s Worrying Markets.

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.