Samsara Inc. (NYSE:IOT) Given Average Rating of "Hold" by Analysts

Key Points

• Samsara Inc. (NYSE:IOT) has received an average analyst rating of "Hold," with one sell rating, six hold ratings, and eight buy ratings, reflecting moderate investor sentiment.
• The company's stock price target averages around $49.55, with recent analyst reports increasing targets, indicating potential for growth.
• Samsara reported a 30.4% year-over-year increase in revenue for the last quarter, along with better-than-expected earnings per share (EPS) of $0.12.

Samsara Inc. (NYSE:IOT - Get Free Report) has received an average rating of "Hold" from the fifteen research firms that are currently covering the company, Marketbeat Ratings reports. One investment analyst has rated the stock with a sell rating, six have given a hold rating and eight have issued a buy rating on the company. The average 1 year price target among analysts that have issued a report on the stock in the last year is $49.5455.

IOT has been the subject of a number of analyst reports. Royal Bank Of Canada increased their target price on shares of Samsara from $44.00 to $46.00 and gave the stock an "outperform" rating in a report on Friday, September 5th. Truist Financial upped their price target on Samsara from $35.00 to $39.00 and gave the company a "hold" rating in a research report on Friday, September 5th. Weiss Ratings reiterated a "sell (d-)" rating on shares of Samsara in a research report on Wednesday, October 8th. Evercore ISI set a $50.00 target price on Samsara and gave the company an "outperform" rating in a report on Wednesday, October 1st. Finally, Craig Hallum upgraded shares of Samsara from a "hold" rating to a "buy" rating and lifted their price target for the company from $42.00 to $48.00 in a report on Friday, September 5th.

Samsara Price Performance

Shares of NYSE IOT opened at $37.77 on Thursday. Samsara has a one year low of $31.40 and a one year high of $61.90. The firm's 50 day simple moving average is $36.94 and its two-hundred day simple moving average is $39.14. The stock has a market capitalization of $21.67 billion, a P/E ratio of -236.05 and a beta of 1.60.

Samsara (NYSE:IOT - Get Free Report) last issued its earnings results on Thursday, September 4th. The company reported $0.12 EPS for the quarter, topping the consensus estimate of $0.07 by $0.05. The company had revenue of $391.48 million for the quarter, compared to the consensus estimate of $372.22 million. Samsara had a negative net margin of 6.16% and a negative return on equity of 7.53%. The firm's revenue for the quarter was up 30.4% on a year-over-year basis. During the same period in the previous year, the firm earned $0.05 earnings per share. Samsara has set its FY 2026 guidance at 0.450-0.470 EPS. Q3 2026 guidance at 0.110-0.12 EPS. As a group, equities analysts expect that Samsara will post -0.3 earnings per share for the current fiscal year.

Insider Activity

In related news, insider Dominic Phillips sold 18,904 shares of the stock in a transaction dated Wednesday, October 1st. The shares were sold at an average price of $37.83, for a total value of $715,138.32. Following the completion of the transaction, the insider directly owned 683,425 shares of the company's stock, valued at $25,853,967.75. This represents a 2.69% decrease in their ownership of the stock. The transaction was disclosed in a filing with the Securities & Exchange Commission, which is available at this link. Also, insider John Bicket sold 170,000 shares of the firm's stock in a transaction dated Tuesday, October 7th. The stock was sold at an average price of $38.35, for a total transaction of $6,519,500.00. Following the completion of the sale, the insider owned 36,000 shares of the company's stock, valued at $1,380,600. This trade represents a 82.52% decrease in their ownership of the stock. The disclosure for this sale can be found here. In the last three months, insiders have sold 3,734,679 shares of company stock worth $140,267,375. 46.49% of the stock is owned by company insiders.

Institutional Inflows and Outflows

Institutional investors have recently modified their holdings of the business. Keystone Financial Group Inc. lifted its position in Samsara by 300.0% during the 1st quarter. Keystone Financial Group Inc. now owns 600 shares of the company's stock valued at $25,000 after acquiring an additional 450 shares during the period. Catalyst Capital Advisors LLC purchased a new position in shares of Samsara during the second quarter valued at approximately $28,000. CWM LLC lifted its holdings in shares of Samsara by 385.3% during the first quarter. CWM LLC now owns 1,053 shares of the company's stock valued at $40,000 after purchasing an additional 836 shares during the last quarter. AlphaQuest LLC grew its stake in shares of Samsara by 519.6% in the 1st quarter. AlphaQuest LLC now owns 1,041 shares of the company's stock worth $40,000 after buying an additional 873 shares during the last quarter. Finally, Family Legacy Financial Solutions LLC bought a new position in Samsara during the 2nd quarter valued at approximately $40,000. 96.02% of the stock is currently owned by institutional investors.

About Samsara

Samsara Inc provides solutions that connects physical operations data to its connected operations cloud in the United States and internationally. The company's Connected Operations Cloud includes Data Platform, which ingests, aggregates, and enriches data from its IoT devices and has embedded capabilities for AI, workflows and analytics, alerts, API connections, and data security and privacy.

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