Royal Bank Of Canada Boosts Samsara (NYSE:IOT) Price Target to $41.00

Samsara (NYSE:IOT) had its target price boosted by research analysts at Royal Bank Of Canada from $35.00 to $41.00 in a research report issued on Friday,Benzinga reports. The brokerage currently has an “outperform” rating on the stock. Royal Bank Of Canada’s price target would indicate a potential upside of 15.62% from the stock’s current price.

IOT has been the subject of several other reports. The Goldman Sachs Group set a $45.00 target price on shares of Samsara in a report on Monday, March 2nd. Weiss Ratings reissued a “sell (d-)” rating on shares of Samsara in a report on Thursday, January 22nd. BNP Paribas Exane upgraded shares of Samsara from a “neutral” rating to an “outperform” rating and set a $40.00 price target on the stock in a research report on Thursday, January 15th. Zacks Research downgraded shares of Samsara from a “strong-buy” rating to a “hold” rating in a research report on Monday, February 2nd. Finally, KeyCorp increased their target price on shares of Samsara from $40.00 to $41.00 and gave the stock an “overweight” rating in a research note on Friday. One analyst has rated the stock with a Strong Buy rating, twelve have assigned a Buy rating, four have assigned a Hold rating and one has given a Sell rating to the company. According to data from MarketBeat, the company presently has an average rating of “Moderate Buy” and an average price target of $46.18.

Samsara Stock Up 19.9%

Shares of IOT opened at $35.46 on Friday. Samsara has a 52 week low of $23.38 and a 52 week high of $48.40. The company has a market capitalization of $20.46 billion, a price-to-earnings ratio of -1,772.11 and a beta of 1.60. The stock’s 50-day moving average price is $30.37 and its 200-day moving average price is $35.56.

Samsara (NYSE:IOT) last posted its earnings results on Thursday, March 5th. The company reported $0.18 EPS for the quarter, topping the consensus estimate of $0.13 by $0.05. Samsara had a negative return on equity of 0.75% and a negative net margin of 0.56%.The firm had revenue of $444.30 million for the quarter, compared to analyst estimates of $422.29 million. During the same period last year, the company earned $0.11 earnings per share. Samsara’s revenue for the quarter was up 28.3% compared to the same quarter last year. Samsara has set its Q1 2027 guidance at 0.120-0.130 EPS and its FY 2027 guidance at 0.650-0.690 EPS. As a group, equities analysts anticipate that Samsara will post -0.3 EPS for the current fiscal year.

Insider Activity at Samsara

In related news, insider Sanjit Biswas sold 263,900 shares of the company’s stock in a transaction dated Tuesday, February 17th. The shares were sold at an average price of $25.87, for a total transaction of $6,827,093.00. Following the completion of the transaction, the insider owned 57,600 shares in the company, valued at $1,490,112. This represents a 82.08% decrease in their position. The transaction was disclosed in a document filed with the Securities & Exchange Commission, which is available at the SEC website. Also, CAO Benjamin Louis Kirchhoff sold 1,731 shares of the company’s stock in a transaction dated Tuesday, February 17th. The stock was sold at an average price of $26.64, for a total transaction of $46,113.84. Following the transaction, the chief accounting officer owned 121,913 shares of the company’s stock, valued at approximately $3,247,762.32. This trade represents a 1.40% decrease in their position. The disclosure for this sale is available in the SEC filing. Insiders sold 2,905,115 shares of company stock worth $92,037,864 over the last three months. Company insiders own 46.49% of the company’s stock.

Hedge Funds Weigh In On Samsara

A number of hedge funds have recently made changes to their positions in the company. Brighton Jones LLC purchased a new position in shares of Samsara in the fourth quarter valued at approximately $13,464,000. Royal Bank of Canada increased its position in shares of Samsara by 100.3% during the first quarter. Royal Bank of Canada now owns 96,142 shares of the company’s stock worth $3,686,000 after purchasing an additional 48,135 shares in the last quarter. Jones Financial Companies Lllp raised its stake in Samsara by 2,444.6% in the 1st quarter. Jones Financial Companies Lllp now owns 17,787 shares of the company’s stock valued at $682,000 after purchasing an additional 17,088 shares during the last quarter. Empowered Funds LLC lifted its holdings in Samsara by 3.4% in the 1st quarter. Empowered Funds LLC now owns 10,168 shares of the company’s stock valued at $390,000 after purchasing an additional 335 shares in the last quarter. Finally, Amalgamated Bank purchased a new position in Samsara in the 2nd quarter valued at $803,000. Institutional investors and hedge funds own 96.02% of the company’s stock.

More Samsara News

Here are the key news stories impacting Samsara this week:

• Positive Sentiment: Q4 results and outlook beat — Samsara reported adjusted Q4 EPS of $0.18 and revenue of $444.3M (both above consensus), ARR ~ $1.9B (+30% Y/Y) and guided FY‑2027 revenue and EPS well above Street expectations; that combination is the primary catalyst lifting the stock. Read More.
• Positive Sentiment: Analyst upgrades and higher price targets — multiple firms (Wells Fargo, BMO, RBC, KeyCorp, Piper Sandler and others) raised targets or reaffirmed overweight/outperform ratings after the report, adding buy-side momentum. Read More.
• Positive Sentiment: Unusual bullish options flow — traders bought ~18,122 call contracts (≈129% above normal daily call volume), signaling short-term speculative bullish interest and supporting intraday upside.
• Neutral Sentiment: Positive media and analyst write-ups highlight AI-driven ARR acceleration and margin expansion, which supports the longer-term growth story but will be watched for execution. Read More.
• Neutral Sentiment: Some headline metrics differ by accounting treatment — third‑party summaries flagged GAAP differences (lower GAAP EPS/operating profit moves) versus the company’s adjusted figures, a nuance investors should check in the call transcript/slide deck. Read More.
• Negative Sentiment: Insider selling remains notable — public filings show substantial insider share sales over recent months, which some investors view as a governance/lockup-related overhang. Read More.
• Negative Sentiment: Mixed analyst adjustments — while most targets rose, a few firms trimmed their targets (e.g., BTIG lowered its target though it remains constructive), indicating some variance in valuation views that could cap upside. Read More.

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.