Samsara (NYSE:IOT) Stock Price Expected to Rise, BNP Paribas Exane Analyst Says

Key Points

• BNP Paribas Exane raised Samsara’s price target from $40 to $55 and maintained an “outperform” rating, implying 39.18% upside from the prior close. The stock has a “Moderate Buy” consensus rating with an average target of $52.44.
• Samsara reported quarterly revenue of $508.44 million, up 29.9% year over year and above expectations, while EPS of $0.20 exceeded the $0.16 consensus estimate. The company also raised its fiscal 2027 revenue outlook to approximately $2.043 billion-$2.047 billion.
• Despite strong operating results and multiple analyst target increases, Samsara trades at a very high valuation, with a price-to-earnings ratio above 395. Insider selling has also been significant, with executives and other insiders selling roughly $158.6 million of shares over the past three months.

Samsara (NYSE:IOT - Get Free Report) had its price objective lifted by research analysts at BNP Paribas Exane from $40.00 to $55.00 in a report released on Friday, Benzinga reports. The brokerage presently has an "outperform" rating on the stock. BNP Paribas Exane's price objective suggests a potential upside of 39.18% from the company's previous close.

Other research analysts have also issued research reports about the stock. Wolfe Research reissued an "outperform" rating on shares of Samsara in a research note on Thursday, June 11th. Weiss Ratings upgraded Samsara from a "sell (d+)" rating to a "hold (c-)" rating in a report on Tuesday, August 11th. Wells Fargo & Company raised their target price on shares of Samsara from $50.00 to $58.00 and gave the company an "overweight" rating in a report on Friday. Bank of America boosted their price target on shares of Samsara from $47.00 to $55.00 and gave the stock a "buy" rating in a report on Friday. Finally, Royal Bank Of Canada raised their price objective on shares of Samsara from $50.00 to $55.00 and gave the company an "outperform" rating in a report on Friday. Fifteen research analysts have rated the stock with a Buy rating and six have given a Hold rating to the company. Based on data from MarketBeat, the company currently has an average rating of "Moderate Buy" and a consensus target price of $52.44.

Samsara Trading Up 2.0%

Samsara stock traded up $0.77 during trading on Friday, hitting $39.52. The company had a trading volume of 15,871,531 shares, compared to its average volume of 6,921,013. The stock has a market cap of $23.03 billion, a price-to-earnings ratio of 395.24, 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 company'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 released its quarterly earnings results on Thursday, September 3rd. The company reported $0.20 EPS for the quarter, topping analysts' consensus estimates of $0.16 by $0.04. Samsara had a return on equity of 2.00% and a net margin of 3.32%.The company had revenue of $508.44 million for the quarter, compared to analysts' expectations of $483.29 million. During the same period in the prior year, the firm earned $0.12 earnings per share. The firm's revenue was up 29.9% compared to the same quarter last year. Samsara has set its FY 2027 guidance at 0.760-0.780 EPS and its Q3 2027 guidance at 0.180-1.090 EPS. As a group, analysts forecast that Samsara will post 0.15 earnings per share for the current fiscal year.

Insider Buying and Selling at Samsara

In other news, CEO Sanjit Biswas sold 244,805 shares of the stock in a transaction dated Tuesday, July 7th. The shares were sold at an average price of $36.77, for a total value of $9,001,479.85. Following the completion of the transaction, the chief executive officer owned 94,000 shares in the company, valued at $3,456,380. This trade represents a 72.26% decrease in their position. The sale was disclosed in a document filed with the SEC, which is available through this hyperlink. The transaction was executed under a pre-arranged Rule 10b5-1 trading plan. Also, insider John Bicket sold 245,925 shares of the company's stock in a transaction on Tuesday, July 7th. The shares were sold at an average price of $36.77, for a total value of $9,042,662.25. Following the completion of the sale, the insider directly owned 94,000 shares in the company, valued at $3,456,380. This trade represents a 72.35% decrease in their position. The disclosure for this sale is available in the SEC filing. The transaction was executed under a pre-arranged Rule 10b5-1 trading plan. In the last three months, insiders have sold 4,458,623 shares of company stock valued at $158,550,351. 35.13% of the stock is owned by company insiders.

Institutional Trading of Samsara

Hedge funds and other institutional investors have recently bought and sold shares of the company. Parkside Financial Bank & Trust raised its position in shares of Samsara by 91.0% in the 2nd quarter. Parkside Financial Bank & Trust now owns 1,377 shares of the company's stock worth $45,000 after buying an additional 656 shares during the period. VIRGINIA RETIREMENT SYSTEMS ET Al purchased a new position in Samsara in the second quarter valued at about $4,860,000. California State Teachers Retirement System boosted its position in shares of Samsara by 3,119.1% in the second quarter. California State Teachers Retirement System now owns 15,704,422 shares of the company's stock worth $484,256,000 after buying an additional 15,216,568 shares during the period. Saudi Central Bank raised its holdings in shares of Samsara by 91.8% during the 2nd quarter. Saudi Central Bank now owns 24,500 shares of the company's stock valued at $795,000 after buying an additional 11,723 shares during the period. Finally, Markowski Investments purchased a new position in Samsara in the 2nd quarter worth approximately $37,000. 96.02% of the stock is owned by hedge funds and other institutional investors.

Key Stories Impacting Samsara

Here are the key news stories impacting Samsara this week:

• Positive Sentiment: Fiscal Q2 revenue rose approximately 30% year over year to $508.4 million, exceeding the $483.3 million consensus estimate. Non-GAAP EPS of $0.20 also topped expectations of roughly $0.16-$0.17, while ARR surpassed $2.1 billion and grew 30%. Samsara Reports Second Quarter Fiscal Year 2027 Financial Results
• Positive Sentiment: Management raised fiscal 2027 revenue guidance to approximately $2.043 billion-$2.047 billion and projected full-year non-GAAP operating margins near 21%, supporting the view that growth is becoming more profitable. Samsara FY 2027 Outlook
• Positive Sentiment: Large-customer expansion, increasing adoption of Samsara’s AI-powered products and a record number of new customers generating at least $1 million in ARR are reinforcing the company’s enterprise-growth strategy. IOT Q2 Deep Dive
• Positive Sentiment: Several firms raised their targets after the report, including TD Cowen to $53, KeyCorp to $55, BMO Capital Markets and BTIG to $54, and JPMorgan to $52. The upgrades indicate continued long-term confidence, although JPMorgan maintained a neutral rating. Samsara Analysts Boost Their Forecasts
• Neutral Sentiment: Options activity was elevated, with traders purchasing about 13,395 call options, roughly 67% above average, signaling increased speculation but not guaranteeing further gains.
• Negative Sentiment: Despite the earnings beat, the stock later faced selling pressure as investors appeared unconvinced that the outlook justified Samsara’s high valuation. Analysts also flagged pressure on free-cash-flow margins as AI investment and expansion continue. Samsara Price Swing
• Negative Sentiment: Reported insider activity is heavily weighted toward selling, with no open-market purchases among the cited transactions over the past six months. This may add to investor caution, although insider sales can reflect compensation or diversification.

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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