Wells Fargo & Company Boosts Samsara (NYSE:IOT) Price Target to $46.00

Samsara (NYSE:IOT) had its price target raised by stock analysts at Wells Fargo & Company from $43.00 to $46.00 in a report released on Friday,Benzinga reports. The firm presently has an “overweight” rating on the stock. Wells Fargo & Company‘s target price would suggest a potential upside of 29.72% from the company’s current price.

IOT has been the topic of a number of other reports. Zacks Research downgraded Samsara from a “strong-buy” rating to a “hold” rating in a research report on Monday, February 2nd. Piper Sandler restated an “overweight” rating and issued a $39.00 price target (up from $37.00) on shares of Samsara in a research report on Friday. BMO Capital Markets lifted their price target on Samsara from $40.00 to $44.00 and gave the stock an “outperform” rating in a research note on Friday. JPMorgan Chase & Co. boosted their price objective on shares of Samsara from $46.00 to $48.00 and gave the stock a “neutral” rating in a research report on Friday, December 5th. Finally, Jefferies Financial Group set a $57.00 price objective on shares of Samsara in a research note on Wednesday, December 10th. One investment analyst has rated the stock with a Strong Buy rating, twelve have given a Buy rating, four have issued a Hold rating and one has given a Sell rating to the stock. Based on data from MarketBeat.com, Samsara currently has a consensus rating of “Moderate Buy” and an average target price of $46.18.

Samsara Trading Up 19.9%

IOT stock opened at $35.46 on Friday. The firm has a 50 day moving average of $30.37 and a 200-day moving average of $35.56. Samsara has a 12-month low of $23.38 and a 12-month high of $48.40. The company has a market cap of $20.46 billion, a price-to-earnings ratio of -1,772.11 and a beta of 1.60.

Samsara (NYSE:IOT) last announced its quarterly 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 business had revenue of $444.30 million for the quarter, compared to analyst estimates of $422.29 million. During the same quarter in the previous year, the company earned $0.11 EPS. The company’s quarterly revenue was up 28.3% on a year-over-year basis. Samsara has set its Q1 2027 guidance at 0.120-0.130 EPS and its FY 2027 guidance at 0.650-0.690 EPS. Sell-side analysts forecast that Samsara will post -0.3 earnings per share for the current fiscal year.

Insiders Place Their Bets

In related news, insider John Bicket sold 263,900 shares of the stock in a transaction 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 $3,075,360. This trade represents a 74.70% decrease in their ownership of the stock. The transaction was disclosed in a legal filing with the Securities & Exchange Commission, which is available at the SEC website. Also, insider Sanjit Biswas sold 263,900 shares of Samsara stock in a transaction dated Tuesday, January 6th. The stock was sold at an average price of $34.40, for a total value 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. Over the last three months, insiders sold 2,905,115 shares of company stock valued at $92,037,864. Insiders own 46.49% of the company’s stock.

Institutional Investors Weigh In On Samsara

Several hedge funds have recently modified their holdings of IOT. Baillie Gifford & Co. lifted its stake in shares of Samsara by 15.0% during the fourth quarter. Baillie Gifford & Co. now owns 47,660,513 shares of the company’s stock valued at $1,689,565,000 after buying an additional 6,208,553 shares during the period. Goldman Sachs Group Inc. raised its holdings in Samsara by 58.9% in the 4th quarter. Goldman Sachs Group Inc. now owns 11,878,112 shares of the company’s stock valued at $421,079,000 after acquiring an additional 4,401,082 shares during the last quarter. Vanguard Group Inc. raised its holdings in Samsara by 18.3% in the 2nd quarter. Vanguard Group Inc. now owns 27,803,226 shares of the company’s stock valued at $1,106,012,000 after acquiring an additional 4,307,755 shares during the last quarter. Norges Bank purchased a new position in shares of Samsara during the 4th quarter worth $127,415,000. Finally, Brown Advisory Inc. lifted its stake in shares of Samsara by 42.1% during the 4th quarter. Brown Advisory Inc. now owns 11,213,972 shares of the company’s stock worth $397,536,000 after purchasing an additional 3,322,023 shares during the period. 96.02% of the stock is owned by institutional investors and hedge funds.

Key Headlines Impacting Samsara

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.