Samsara (NYSE:IOT) Cut to “Hold” at Zacks Research

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

Several other research analysts have also issued reports on the company. BTIG Research started coverage on Samsara in a research report on Tuesday, December 16th. They issued a “buy” rating and a $55.00 target price for the company. Royal Bank Of Canada reduced their price target on Samsara from $50.00 to $46.00 and set an “outperform” rating on the stock in a research note on Monday, January 5th. TD Cowen reissued a “buy” rating on shares of Samsara in a research report on Friday, December 5th. Weiss Ratings restated a “sell (d-)” rating on shares of Samsara in a report on Thursday, January 22nd. Finally, Bank of America increased their price target on shares of Samsara from $53.00 to $55.00 and gave the stock a “buy” rating in a research note on Friday, December 5th. Two investment analysts have rated the stock with a Strong Buy rating, ten have issued a Buy rating, five have issued a Hold rating and one has issued a Sell rating to the company’s stock. Based on data from MarketBeat, the stock presently has a consensus rating of “Moderate Buy” and an average target price of $49.53.

Samsara Trading Up 1.7%

NYSE:IOT opened at $25.08 on Monday. The company has a 50-day moving average price of $35.63 and a 200-day moving average price of $36.84. Samsara has a 12 month low of $23.38 and a 12 month high of $61.90. The stock has a market cap of $14.47 billion, a price-to-earnings ratio of -313.50 and a beta of 1.61.

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

Insider Transactions at Samsara

In other news, insider John Bicket sold 263,900 shares of the company’s stock in a transaction that occurred on Tuesday, January 6th. The shares were sold at an average price of $34.40, for a total value of $9,078,160.00. Following the transaction, the insider owned 89,400 shares in the company, valued at approximately $3,075,360. This represents a 74.70% decrease in their ownership of the stock. The sale was disclosed in a filing with the SEC, which is accessible through this link. Also, insider Sanjit Biswas sold 263,900 shares of the stock in a transaction that occurred on Tuesday, January 6th. The shares were sold at an average price of $34.40, for a total transaction of $9,078,160.00. Following the sale, the insider owned 89,400 shares in the company, valued at approximately $3,075,360. The trade was a 74.70% decrease in their position. The SEC filing for this sale provides additional information. In the last quarter, insiders sold 2,526,211 shares of company stock worth $90,443,417. 46.49% of the stock is currently owned by company insiders.

Hedge Funds Weigh In On Samsara

Hedge funds and other institutional investors have recently added to or reduced their stakes in the business. Baillie Gifford & Co. increased its holdings in shares of Samsara by 15.0% in the 4th quarter. Baillie Gifford & Co. now owns 47,660,513 shares of the company’s stock worth $1,689,565,000 after purchasing an additional 6,208,553 shares in the last quarter. Vanguard Group Inc. boosted its position in shares of Samsara by 11.5% during the fourth quarter. Vanguard Group Inc. now owns 33,134,549 shares of the company’s stock valued at $1,174,620,000 after buying an additional 3,417,849 shares during the last quarter. Sands Capital Management LLC boosted its position in shares of Samsara by 6.4% during the third quarter. Sands Capital Management LLC now owns 20,518,332 shares of the company’s stock valued at $764,308,000 after buying an additional 1,242,122 shares during the last quarter. State Street Corp increased its holdings in Samsara by 107.8% in the 2nd quarter. State Street Corp now owns 5,611,956 shares of the company’s stock worth $223,244,000 after buying an additional 2,910,916 shares in the last quarter. Finally, Geode Capital Management LLC raised its position in Samsara by 65.6% in the 2nd quarter. Geode Capital Management LLC now owns 4,877,254 shares of the company’s stock worth $193,387,000 after buying an additional 1,931,870 shares during the last quarter. 96.02% of the stock is owned by institutional investors.

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.