Samsara (NYSE:IOT) Upgraded at Zacks Research

Zacks Research upgraded shares of Samsara (NYSE:IOT) from a hold rating to a strong-buy rating in a research report released on Tuesday morning,Zacks.com reports.

Other research analysts have also recently issued research reports about the stock. TD Cowen boosted their price target on shares of Samsara from $49.00 to $55.00 and gave the stock a “buy” rating in a report on Friday, December 5th. Weiss Ratings reissued a “sell (d-)” rating on shares of Samsara in a report on Wednesday, October 8th. Cowen restated a “buy” rating on shares of Samsara in a research note on Friday, December 5th. Morgan Stanley upped their price objective on Samsara from $50.00 to $53.00 and gave the stock an “equal weight” rating in a research report on Monday, September 8th. Finally, Royal Bank Of Canada increased their price objective on Samsara from $46.00 to $50.00 and gave the company an “outperform” rating in a report on Friday, December 5th. Two equities research analysts have rated the stock with a Strong Buy rating, ten have assigned a Buy rating, five have assigned a Hold rating and one has assigned a Sell rating to the stock. Based on data from MarketBeat.com, the stock currently has an average rating of “Moderate Buy” and an average target price of $51.53.

Samsara Price Performance

Shares of Samsara stock opened at $35.43 on Tuesday. The stock has a market capitalization of $20.44 billion, a P/E ratio of -442.88 and a beta of 1.62. The business has a 50 day simple moving average of $38.71 and a two-hundred day simple moving average of $38.00. Samsara has a 12 month low of $31.40 and a 12 month high of $61.90.

Samsara (NYSE:IOT) last posted its quarterly earnings results on Thursday, December 4th. The company reported $0.01 earnings per share for the quarter, missing the consensus estimate of $0.12 by ($0.11). The business had revenue of $415.98 million during the quarter, compared to analysts’ expectations of $398.92 million. Samsara had a negative return on equity of 3.49% and a negative net margin of 2.79%.The business’s quarterly revenue was up 29.2% on a year-over-year basis. During the same period in the prior year, the business posted $0.07 earnings per share. Samsara has set its FY 2026 guidance at 0.500-0.500 EPS and its Q4 2026 guidance at 0.120-0.130 EPS. As a group, research analysts anticipate that Samsara will post -0.3 EPS for the current fiscal year.

Insider Activity

In related news, insider John Bicket sold 170,000 shares of the stock in a transaction that occurred on Tuesday, October 21st. The shares were sold at an average price of $38.66, for a total value of $6,572,200.00. Following the transaction, the insider directly owned 30,000 shares in the company, valued at $1,159,800. This represents a 85.00% decrease in their ownership of the stock. The sale was disclosed in a filing with the SEC, which is available at the SEC website. Also, insider Sanjit Biswas sold 160,000 shares of the stock in a transaction dated Tuesday, October 7th. The shares were sold at an average price of $38.36, for a total value of $6,137,600.00. Following the completion of the transaction, the insider directly owned 36,000 shares in the company, valued at $1,380,960. The trade was a 81.63% decrease in their position. Additional details regarding this sale are available in the official SEC disclosure. In the last quarter, insiders sold 2,459,007 shares of company stock worth $93,495,335. 46.49% of the stock is owned by company insiders.

Institutional Investors Weigh In On Samsara

Institutional investors have recently bought and sold shares of the stock. Vanguard Group Inc. raised its position in 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 purchasing an additional 4,307,755 shares during the period. Norges Bank bought a new position in shares of Samsara in the second quarter worth about $134,950,000. State Street Corp boosted its holdings in shares of Samsara by 107.8% in the second quarter. State Street Corp now owns 5,611,956 shares of the company’s stock valued at $223,244,000 after purchasing an additional 2,910,916 shares during the period. Sands Capital Management LLC increased its holdings in shares of 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 acquiring an additional 2,833,049 shares in the last quarter. Finally, Wellington Management Group LLP raised its position in Samsara by 363.2% during the 3rd quarter. Wellington Management Group LLP now owns 3,181,099 shares of the company’s stock worth $118,496,000 after buying an additional 2,494,368 shares during the last quarter. Institutional investors own 96.02% of the company’s stock.

More Samsara News

Here are the key news stories impacting Samsara this week:

• Positive Sentiment: Zacks upgraded Samsara from “hold” to “strong‑buy,” which can attract short‑term buying interest and momentum flows. Read More.
• Neutral Sentiment: Broker research is broadly constructive: multiple firms recently raised targets (TD Cowen, BMO, RBC, Piper Sandler, BTIG) and the consensus remains around a “Moderate Buy” with an average target ≈ $51.50 — supportive for medium‑term upside but not enough to offset near‑term concerns. Read More.
• Neutral Sentiment: Institutional ownership is very high (≈96% held by funds), and large index/ETF positions (Vanguard, Sands, State Street) mean flows can amplify moves but also provide a stable shareholder base. This is tolerance for volatility, not an immediate catalyst. Read More.
• Negative Sentiment: Several insiders executed large sales over Dec. 29–31: co‑founders John Bicket and Sanjit Biswas sold large blocks (combined multi‑million dollar disposals). Large founder exits increase supply and can signal caution to the market. Read More.
• Negative Sentiment: Director Jonathan Chadwick and CAO Benjamin Kirchhoff also trimmed positions (10,000 and 1,683 shares respectively), adding to the negative headline of concentrated insider selling. Read More. Read More.

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.