Samsara (NYSE:IOT) Price Target Raised to $52.00 at JPMorgan Chase & Co.

Key Points

• JPMorgan raised Samsara’s price target to $52 from $48 while maintaining a neutral rating, implying approximately 28% upside from the reported $40.51 share price.
• Samsara exceeded quarterly expectations, reporting $508.4 million in revenue and $0.20 EPS, while revenue grew 29.9% year over year. Management also issued stronger fiscal 2027 guidance, including $0.76–$0.78 EPS.
• Analyst sentiment is broadly positive, with a consensus “Moderate Buy” rating and average price target of $51.61, though the stock’s high valuation and substantial insider selling remain risks.

Samsara (NYSE:IOT - Get Free Report) had its price objective increased by research analysts at JPMorgan Chase & Co. from $48.00 to $52.00 in a research report issued to clients and investors on Friday, Benzinga reports. The firm currently has a "neutral" rating on the stock. JPMorgan Chase & Co.'s price target suggests a potential upside of 28.38% from the company's current price.

Several other brokerages have also issued reports on IOT. KeyCorp raised their price objective on Samsara from $46.00 to $55.00 and gave the stock an "overweight" rating in a report on Friday. TD Cowen boosted their target price on Samsara from $48.00 to $53.00 and gave the company a "buy" rating in a report on Friday. Evercore reissued an "outperform" rating and issued a $55.00 target price on shares of Samsara in a research report on Friday. Guggenheim raised their price target on Samsara from $45.00 to $51.00 and gave the stock a "buy" rating in a research note on Friday. Finally, Weiss Ratings raised Samsara from a "sell (d+)" rating to a "hold (c-)" rating in a research report on Tuesday, August 11th. One analyst has rated the stock with a Strong Buy rating, fourteen have assigned a Buy rating and six have given a Hold rating to the company's stock. According to MarketBeat, Samsara currently has a consensus rating of "Moderate Buy" and an average price target of $51.61.

Samsara Stock Performance

IOT stock traded up $1.75 during midday trading on Friday, reaching $40.51. 13,215,153 shares of the company were exchanged, compared to its average volume of 6,902,694. The company has a market cap of $23.60 billion, a price-to-earnings ratio of 405.11, a price-to-earnings-growth ratio of 8.26 and a beta of 1.35. Samsara has a 1-year low of $23.38 and a 1-year high of $47.47. The stock's 50-day simple moving average is $37.59 and its 200 day simple moving average is $33.17.

Samsara (NYSE:IOT - Get Free Report) last issued its earnings results on Thursday, September 3rd. The company reported $0.20 earnings per share (EPS) for the quarter, beating the consensus estimate of $0.16 by $0.04. Samsara had a net margin of 3.32% and a return on equity of 2.00%. The business had revenue of $508.44 million during the quarter, compared to analysts' expectations of $483.29 million. During the same quarter in the prior year, the business posted $0.12 EPS. The company's revenue for the quarter was up 29.9% on a year-over-year basis. Samsara has set its FY 2027 guidance at 0.760-0.780 EPS and its Q3 2027 guidance at 0.180-1.090 EPS. On average, research analysts anticipate that Samsara will post 0.15 earnings per share for the current year.

Insider Transactions at Samsara

In other Samsara news, insider John Bicket sold 34,557 shares of the company's stock in a transaction that occurred on Thursday, August 20th. The stock was sold at an average price of $39.44, for a total transaction of $1,362,928.08. Following the completion of the sale, the insider directly owned 1,134,795 shares of the company's stock, valued at $44,756,314.80. This represents a 2.96% decrease in their position. The transaction was disclosed in a legal filing with the Securities & Exchange Commission, which is available at the SEC website. The transaction was executed under a pre-arranged Rule 10b5-1 trading plan. Also, insider Adam Eltoukhy sold 6,876 shares of the stock in a transaction that occurred on Tuesday, August 25th. The stock was sold at an average price of $39.82, for a total value of $273,802.32. Following the sale, the insider directly owned 425,080 shares of the company's stock, valued at $16,926,685.60. The trade was a 1.59% decrease in their ownership of the stock. The SEC filing for this sale provides additional information. The transaction was executed under a pre-arranged Rule 10b5-1 trading plan. Over the last quarter, insiders sold 4,458,623 shares of company stock worth $158,550,351. Company insiders own 35.13% of the company's stock.

Hedge Funds Weigh In On Samsara

A number of hedge funds and other institutional investors have recently bought and sold shares of IOT. VIRGINIA RETIREMENT SYSTEMS ET Al purchased a new position in Samsara during the 2nd quarter worth $4,860,000. California State Teachers Retirement System increased its stake in shares of Samsara by 3,119.1% during the second quarter. California State Teachers Retirement System now owns 15,704,422 shares of the company's stock worth $484,256,000 after acquiring an additional 15,216,568 shares during the period. Saudi Central Bank increased its stake in shares of Samsara by 91.8% during the second quarter. Saudi Central Bank now owns 24,500 shares of the company's stock worth $795,000 after acquiring an additional 11,723 shares during the period. Markowski Investments purchased a new position in Samsara during the second quarter worth about $37,000. Finally, Odyssean LLC raised its holdings in Samsara by 6.7% during the second quarter. Odyssean LLC now owns 40,963 shares of the company's stock worth $1,328,000 after purchasing an additional 2,555 shares in the last quarter. 96.02% of the stock is currently owned by hedge funds and other institutional investors.

Key Headlines Impacting Samsara

Here are the key news stories impacting Samsara this week:

• Positive Sentiment: Q2 results exceeded expectations: Revenue rose approximately 30% year over year to $508.4 million, above the $483.3 million consensus estimate. Non-GAAP EPS was $0.20 versus expectations of about $0.16-$0.17, while GAAP EPS was $0.03 compared with a loss in the prior-year period. Samsara Reports Second Quarter Fiscal Year 2027 Financial Results
• Positive Sentiment: Recurring revenue and enterprise demand remained strong: Annual recurring revenue reached roughly $2.1 billion, up 30% year over year, with large-enterprise ARR reportedly growing 50% and a quarterly record for new customers generating more than $1 million in ARR. Samsara Crosses $2.1 Billion in ARR
• Positive Sentiment: Management raised its forecast: Fiscal 2027 revenue guidance is $2.043 billion-$2.047 billion, and EPS guidance of $0.76-$0.78 is above the roughly $0.60 consensus. The company also expects to remain GAAP profitable, while third-quarter revenue guidance of $514 million-$516 million exceeds analyst estimates. Samsara Fiscal 2027 Outlook
• Positive Sentiment: Analyst sentiment improved: TD Cowen, KeyCorp, BMO Capital Markets and BTIG raised their price targets to $53-$55 and maintained bullish ratings, adding momentum to the post-earnings move.
• Neutral Sentiment: Unusually heavy call-option activity indicates increased short-term bullish positioning, with call volume approximately 67% above average, although options activity can also increase volatility.
• Negative Sentiment: Cash-flow pressure and valuation remain risks: Management’s growth outlook is paired with pressure on free-cash-flow margins, while the stock’s elevated valuation leaves it sensitive to any slowdown in growth or profitability.
• Negative Sentiment: Reported insider-trading data shows substantial selling and no open-market purchases over the past six months, which may weigh on investor sentiment despite the strong operating results.

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.

This instant news alert was generated by narrative science technology and financial data from MarketBeat in order to provide readers with the fastest reporting and unbiased coverage. Please send any questions or comments about this story to contact@marketbeat.com.

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