Samsara Inc. (NYSE:IOT) Given Average Rating of “Hold” by Brokerages

Samsara Inc. (NYSE:IOT) has been assigned an average recommendation of “Hold” from the fifteen research firms that are presently covering the company, MarketBeat Ratings reports. One investment analyst has rated the stock with a sell rating, six have issued a hold rating and eight have given a buy rating to the company. The average twelve-month price objective among brokerages that have updated their coverage on the stock in the last year is $49.5455.

IOT has been the subject of several research analyst reports. Zacks Research downgraded shares of Samsara from a “strong-buy” rating to a “hold” rating in a research report on Friday, August 15th. Morgan Stanley boosted their price objective on Samsara from $50.00 to $53.00 and gave the stock an “equal weight” rating in a research note on Monday, September 8th. Wall Street Zen downgraded Samsara from a “buy” rating to a “hold” rating in a research report on Saturday, August 9th. Weiss Ratings reiterated a “sell (d-)” rating on shares of Samsara in a research report on Wednesday, October 8th. Finally, Royal Bank Of Canada raised their price objective on Samsara from $44.00 to $46.00 and gave the company an “outperform” rating in a report on Friday, September 5th.

Samsara Price Performance

Shares of IOT stock opened at $37.23 on Thursday. Samsara has a 1-year low of $31.40 and a 1-year high of $61.90. The company has a market cap of $21.36 billion, a price-to-earnings ratio of -232.69 and a beta of 1.60. The stock has a 50 day simple moving average of $37.13 and a 200-day simple moving average of $39.18.

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

Insider Buying and Selling

In other Samsara news, insider Adam Eltoukhy sold 4,767 shares of the firm’s stock in a transaction that occurred on Monday, September 22nd. The shares were sold at an average price of $39.40, for a total value of $187,819.80. Following the transaction, the insider directly owned 302,698 shares of the company’s stock, valued at $11,926,301.20. This trade represents a 1.55% decrease in their position. The transaction was disclosed in a document filed with the SEC, which is available through this hyperlink. Also, CAO Benjamin Louis Kirchhoff sold 4,933 shares of the company’s stock in a transaction that occurred on Monday, September 29th. The shares were sold at an average price of $37.47, for a total value of $184,839.51. Following the completion of the sale, the chief accounting officer owned 100,585 shares of the company’s stock, valued at $3,768,919.95. This trade represents a 4.68% decrease in their ownership of the stock. The disclosure for this sale can be found here. Insiders have sold 3,476,390 shares of company stock worth $130,474,413 in the last 90 days. Corporate insiders own 46.49% of the company’s stock.

Institutional Investors Weigh In On Samsara

A number of hedge funds have recently modified their holdings of the company. Keystone Financial Group Inc. raised its stake in Samsara by 300.0% during the first quarter. Keystone Financial Group Inc. now owns 600 shares of the company’s stock worth $25,000 after purchasing an additional 450 shares during the period. Catalyst Capital Advisors LLC acquired a new stake in shares of Samsara during the 2nd quarter worth approximately $28,000. CWM LLC raised its position in shares of Samsara by 385.3% during the 1st quarter. CWM LLC now owns 1,053 shares of the company’s stock valued at $40,000 after buying an additional 836 shares during the period. AlphaQuest LLC lifted its holdings in Samsara by 519.6% in the first quarter. AlphaQuest LLC now owns 1,041 shares of the company’s stock valued at $40,000 after acquiring an additional 873 shares during the last quarter. Finally, Family Legacy Financial Solutions LLC purchased a new position in Samsara in the second quarter worth approximately $40,000. Hedge funds and other institutional investors own 96.02% of the company’s stock.

About Samsara

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.