Samsara (NYSE:IOT) Given New $40.00 Price Target at BMO Capital Markets

Samsara (NYSE:IOT) had its price objective decreased by BMO Capital Markets from $50.00 to $40.00 in a research note issued to investors on Wednesday, Marketbeat Ratings reports. BMO Capital Markets currently has an outperform rating on the stock.

IOT has been the subject of a number of other research reports. Jefferies Financial Group set a $57.00 target price on shares of Samsara in a research note on Wednesday, December 10th. Zacks Research downgraded Samsara from a “strong-buy” rating to a “hold” rating in a research report on Monday, February 2nd. BNP Paribas Exane raised Samsara from a “neutral” rating to an “outperform” rating and set a $40.00 price objective on the stock in a research note on Thursday, January 15th. JPMorgan Chase & Co. raised their target price on Samsara from $46.00 to $48.00 and gave the company a “neutral” rating in a research note on Friday, December 5th. Finally, Wells Fargo & Company cut their price target on Samsara from $52.00 to $43.00 and set an “overweight” rating for the company in a report on Wednesday, February 4th. Two analysts have rated the stock with a Strong Buy rating, ten have issued a Buy rating, four have assigned a Hold rating and one has issued a Sell rating to the company’s stock. According to data from MarketBeat, Samsara has a consensus rating of “Moderate Buy” and a consensus price target of $46.06.

Samsara Price Performance

Shares of NYSE:IOT opened at $27.49 on Wednesday. The business’s fifty day moving average price is $31.40 and its two-hundred day moving average price is $35.70. Samsara has a fifty-two week low of $23.38 and a fifty-two week high of $51.01. The stock has a market capitalization of $15.86 billion, a price-to-earnings ratio of -343.58 and a beta of 1.61.

Samsara (NYSE:IOT) last issued its earnings results on Thursday, December 4th. The company reported $0.01 EPS for the quarter, missing the consensus estimate of $0.12 by ($0.11). The firm had revenue of $415.98 million during the quarter, compared to analyst estimates of $398.92 million. Samsara had a negative net margin of 2.79% and a negative return on equity of 3.49%. The firm’s revenue for the quarter was up 29.2% on a year-over-year basis. During the same quarter in the prior year, the firm posted $0.07 EPS. 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 at Samsara

In other Samsara news, insider Sanjit Biswas sold 263,900 shares of the company’s stock in a transaction dated 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 transaction, the insider directly owned 89,400 shares in the company, valued at approximately $3,075,360. This represents a 74.70% decrease in their position. The transaction was disclosed in a document filed with the SEC, which is accessible through this hyperlink. Also, insider John Bicket sold 263,900 shares of Samsara stock in a transaction that occurred on Tuesday, January 6th. The stock was 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 of the company’s stock, valued at approximately $3,075,360. This represents a 74.70% decrease in their position. The SEC filing for this sale provides additional information. Insiders have sold 3,253,463 shares of company stock worth $105,384,810 in the last ninety days. 46.49% of the stock is currently owned by insiders.

Institutional Trading of Samsara

A number of institutional investors have recently bought and sold shares of the business. Sit Investment Associates Inc. raised its position in shares of Samsara by 13.2% during the 4th quarter. Sit Investment Associates Inc. now owns 70,320 shares of the company’s stock valued at $2,493,000 after acquiring an additional 8,205 shares during the last quarter. Virtu Financial LLC acquired a new stake in shares of Samsara during the fourth quarter worth $591,000. Invesco Ltd. increased its holdings in Samsara by 153.1% in the fourth quarter. Invesco Ltd. now owns 889,290 shares of the company’s stock valued at $31,525,000 after purchasing an additional 537,966 shares during the last quarter. Alberta Investment Management Corp acquired a new position in Samsara in the fourth quarter valued at about $1,241,000. Finally, Mercer Global Advisors Inc. ADV boosted its holdings in Samsara by 352.8% during the fourth quarter. Mercer Global Advisors Inc. ADV now owns 80,361 shares of the company’s stock worth $2,849,000 after buying an additional 62,612 shares during the last quarter. Institutional investors and hedge funds own 96.02% of the company’s stock.

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.