Samsara Inc. (NYSE:IOT) Receives Average Rating of “Moderate Buy” from Brokerages

Shares of Samsara Inc. (NYSE:IOT) have been assigned an average rating of “Moderate Buy” from the twenty analysts that are presently covering the stock, Marketbeat reports. One equities research 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 twelve-month target price among brokerages that have issued a report on the stock in the last year is $45.9412.

A number of equities research analysts have issued reports on the company. Zacks Research downgraded Samsara from a “strong-buy” rating to a “hold” rating in a research report on Tuesday, May 5th. Wolfe Research restated an “outperform” rating on shares of Samsara in a research report on Thursday, June 11th. BTIG Research restated a “buy” rating and set a $45.00 price objective on shares of Samsara in a research report on Friday. Jefferies Financial Group upgraded Samsara to a “buy” rating in a research report on Thursday, June 11th. Finally, Weiss Ratings upgraded Samsara from a “sell (d-)” rating to a “sell (d+)” rating in a research report on Monday, June 15th.

Insider Buying and Selling at Samsara

In other Samsara news, CAO Benjamin Louis Kirchhoff sold 2,549 shares of the company’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 transaction of $86,003.26. Following the sale, the chief accounting officer directly owned 167,269 shares in the company, valued at $5,643,656.06. This represents a 1.50% decrease in their ownership of the stock. The sale was disclosed in a document filed with the SEC, which is available at this link. 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, insider Adam Eltoukhy sold 1,614 shares of the company’s stock in a transaction that occurred on Monday, June 22nd. The shares were sold at an average price of $32.21, for a total value of $51,986.94. Following the sale, the insider owned 425,080 shares in the company, valued at approximately $13,691,826.80. This trade represents a 0.38% 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 90 days, insiders sold 4,984,863 shares of company stock valued at $155,814,055. Corporate insiders own 35.13% of the company’s stock.

Institutional Investors Weigh In On Samsara

Several hedge funds and other institutional investors have recently modified their holdings of the business. Evolutionary Tree Capital Management LLC purchased a new stake in shares of Samsara in the first quarter worth approximately $1,340,000. Bank of America Corp DE raised its holdings in shares of Samsara by 41.5% in the first quarter. Bank of America Corp DE now owns 2,710,202 shares of the company’s stock worth $85,886,000 after buying an additional 794,255 shares during the period. Cim LLC raised its holdings in shares of Samsara by 1.3% in the first quarter. Cim LLC now owns 34,505 shares of the company’s stock worth $1,093,000 after buying an additional 455 shares during the period. Spyglass Capital Management LLC raised its holdings in shares of Samsara by 25.5% in the first quarter. Spyglass Capital Management LLC now owns 2,946,646 shares of the company’s stock worth $93,379,000 after buying an additional 599,651 shares during the period. Finally, Sunbelt Securities Inc. raised its holdings in shares of Samsara by 36.5% in the first quarter. Sunbelt Securities Inc. now owns 11,400 shares of the company’s stock worth $361,000 after buying an additional 3,050 shares during the period. 96.02% of the stock is currently owned by hedge funds and other institutional investors.

Samsara Trading Up 7.4%

Shares of Samsara stock opened at $31.12 on Tuesday. The stock has a 50 day moving average of $31.35 and a 200 day moving average of $31.85. Samsara has a 12 month low of $23.38 and a 12 month high of $47.47. The firm has a market cap of $18.13 billion, a PE ratio of 311.18, a PEG ratio of 7.30 and a beta of 1.34.

Samsara (NYSE:IOT) last announced 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. Samsara had a return on equity of 2.00% and a net margin of 3.32%.The company had revenue of $478.84 million during the quarter, compared to analyst estimates of $455.21 million. During the same period in the prior year, the company earned $0.11 earnings per share. The firm’s revenue was up 30.5% on a year-over-year basis. 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 research analysts forecast that Samsara will post 0.15 earnings per share for the current fiscal year.

Samsara Company Profile

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.