Samsara Inc. (NYSE:IOT – Get Free Report) has earned an average rating of “Hold” from the fourteen research firms that are currently covering the stock, MarketBeat.com reports. One investment analyst has rated the stock with a sell rating, six have given a hold rating and seven 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 $48.20.
Several research analysts have recently weighed in on IOT shares. Royal Bank Of Canada upped their target price on shares of Samsara from $44.00 to $46.00 and gave the company an “outperform” rating in a research note on Friday, September 5th. Piper Sandler reissued an “overweight” rating and issued a $48.00 price objective on shares of Samsara in a research report on Friday, November 14th. Truist Financial lifted their target price on Samsara from $35.00 to $39.00 and gave the stock a “hold” rating in a research report on Friday, September 5th. BMO Capital Markets cut their price target on Samsara from $54.00 to $47.00 and set an “outperform” rating on the stock in a research note on Friday, September 5th. Finally, Craig Hallum upgraded Samsara from a “hold” rating to a “buy” rating and raised their price objective for the company from $42.00 to $48.00 in a research note on Friday, September 5th.
Check Out Our Latest Report on IOT
Samsara Price Performance
Samsara (NYSE:IOT – Get Free Report) last released its quarterly earnings results on Thursday, December 4th. The company reported $0.15 EPS for the quarter, topping the consensus estimate of $0.12 by $0.03. Samsara had a negative return on equity of 7.53% and a negative net margin of 6.16%.The firm had revenue of $415.98 million for the quarter, compared to analyst estimates of $398.92 million. During the same period in the previous year, the company posted $0.07 EPS. Samsara’s revenue for the quarter was up 29.2% on a year-over-year basis. Samsara has set its FY 2026 guidance at 0.500-0.500 EPS and its Q4 2026 guidance at 0.120-0.130 EPS. Research analysts expect that Samsara will post -0.3 EPS 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 on Thursday, November 20th. The shares were sold at an average price of $36.04, for a total transaction of $171,802.68. Following the completion of the transaction, the insider directly owned 302,698 shares of the company’s stock, valued at $10,909,235.92. This trade represents a 1.55% decrease in their position. The sale was disclosed in a legal filing with the Securities & Exchange Commission, which is available at the SEC website. Also, insider John Bicket sold 24,162 shares of the company’s stock in a transaction dated Wednesday, December 3rd. The shares were sold at an average price of $38.15, for a total transaction of $921,780.30. Following the completion of the sale, the insider owned 218,173 shares in the company, valued at approximately $8,323,299.95. This trade represents a 9.97% decrease in their position. Additional details regarding this sale are available in the official SEC disclosure. Over the last quarter, insiders sold 3,730,107 shares of company stock worth $143,045,198. Insiders own 46.49% of the company’s stock.
Institutional Trading of Samsara
Several institutional investors and hedge funds have recently bought and sold shares of IOT. Vanguard Group Inc. grew its position in shares of Samsara by 18.3% in the 2nd quarter. Vanguard Group Inc. now owns 27,803,226 shares of the company’s stock worth $1,106,012,000 after acquiring an additional 4,307,755 shares in the last quarter. Norges Bank bought a new position in Samsara during the second quarter worth $134,950,000. State Street Corp boosted its holdings in Samsara by 107.8% in the second quarter. State Street Corp now owns 5,611,956 shares of the company’s stock worth $223,244,000 after purchasing an additional 2,910,916 shares during the period. Sands Capital Management LLC increased its stake in Samsara by 17.2% during the second quarter. Sands Capital Management LLC now owns 19,276,210 shares of the company’s stock valued at $766,808,000 after purchasing an additional 2,833,049 shares during the last quarter. Finally, Wellington Management Group LLP increased its stake in Samsara by 363.2% during the third quarter. Wellington Management Group LLP now owns 3,181,099 shares of the company’s stock valued at $118,496,000 after purchasing an additional 2,494,368 shares during the last quarter. Institutional investors and hedge funds 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.
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