Brokerages Set Samsara Inc. (NYSE:IOT) Target Price at $45.94

Samsara Inc. (NYSE:IOT) has earned an average recommendation of “Moderate Buy” from the twenty-one brokerages that are covering the stock, Marketbeat Ratings reports. One investment analyst has rated the stock with a sell recommendation, four have issued a hold recommendation, fifteen have issued a buy recommendation and one has assigned a strong buy recommendation to the company. The average 1 year price objective among analysts that have updated their coverage on the stock in the last year is $45.3333.

A number of equities analysts recently commented on the company. BTIG Research restated a “buy” rating and set a $45.00 target price on shares of Samsara in a report on Friday, June 26th. Guggenheim assumed coverage on shares of Samsara in a research note on Wednesday. They set a “buy” rating on the stock. KeyCorp reissued an “overweight” rating on shares of Samsara in a research report on Friday, June 26th. Zacks Research lowered shares of Samsara from a “strong-buy” rating to a “hold” rating in a research note on Tuesday, May 5th. Finally, Weiss Ratings upgraded shares of Samsara from a “sell (d-)” rating to a “sell (d+)” rating in a report on Monday, June 15th.

Insider Buying and Selling at Samsara

In other news, Director Marc L. Andreessen sold 613,660 shares of the company’s stock in a transaction on Thursday, June 11th. The stock was sold at an average price of $32.27, for a total transaction of $19,802,808.20. Following the sale, the director owned 2,256,487 shares of the company’s stock, valued at approximately $72,816,835.49. This represents a 21.38% decrease in their ownership of the stock. The transaction was disclosed in a legal filing with the Securities & Exchange Commission, which can be accessed through the SEC website. Also, insider John Bicket sold 245,925 shares of the stock in a transaction on Tuesday, July 7th. The shares were sold at an average price of $36.77, for a total value of $9,042,662.25. Following the completion of the sale, the insider owned 94,000 shares in the company, valued at approximately $3,456,380. The trade was a 72.35% 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. Insiders sold 4,464,637 shares of company stock valued at $144,511,167 in the last 90 days. Company insiders own 35.13% of the company’s stock.

Institutional Investors Weigh In On Samsara

Several large investors have recently bought and sold shares of the stock. Baillie Gifford & Co. grew 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 worth $1,689,565,000 after buying an additional 6,208,553 shares in the last quarter. Vanguard Group Inc. raised its holdings in Samsara by 11.5% in the fourth quarter. Vanguard Group Inc. now owns 33,134,549 shares of the company’s stock valued at $1,174,620,000 after acquiring an additional 3,417,849 shares in the last quarter. Goldman Sachs Group Inc. raised its holdings in Samsara by 58.9% in the fourth 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. Brown Advisory Inc. lifted its stake in Samsara by 42.1% in the fourth quarter. Brown Advisory Inc. now owns 11,213,972 shares of the company’s stock worth $397,536,000 after acquiring an additional 3,322,023 shares during the last quarter. Finally, State Street Corp lifted its stake in Samsara by 15.8% in the fourth quarter. State Street Corp now owns 6,920,219 shares of the company’s stock worth $245,322,000 after acquiring an additional 944,485 shares during the last quarter. Hedge funds and other institutional investors own 96.02% of the company’s stock.

Samsara Stock Down 7.5%

NYSE:IOT opened at $33.38 on Friday. The stock’s fifty day moving average is $33.63 and its two-hundred day moving average is $31.44. Samsara has a 52 week low of $23.38 and a 52 week high of $47.47. The stock has a market capitalization of $19.45 billion, a price-to-earnings ratio of 333.79, a price-to-earnings-growth ratio of 8.46 and a beta of 1.35.

Samsara (NYSE:IOT) last issued its quarterly earnings data on Thursday, June 4th. The company reported $0.17 earnings per share for the quarter, beating analysts’ consensus estimates of $0.13 by $0.04. The business had revenue of $478.84 million during the quarter, compared to analysts’ expectations of $455.21 million. Samsara had a return on equity of 2.00% and a net margin of 3.32%.The company’s revenue was up 30.5% on a year-over-year basis. During the same period in the previous year, the firm posted $0.11 earnings per share. Samsara has set its Q2 2027 guidance at 0.150-0.160 EPS and its FY 2027 guidance at 0.700-0.720 EPS. On average, sell-side analysts expect that Samsara will post 0.15 EPS 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.