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

Key Points

• Samsara Inc. (NYSE:IOT) has received a consensus rating of "Hold" from 17 analysts, with 9 recommending a hold and 8 giving a buy rating; the average price target is set at $49.71.
• Insider trading activity has seen significant sales, with Director Marc L. Andreessen and major shareholder Parallel Fund Iv L.P. each selling 399,026 shares at approximately $41.33 per share.
• The company's recent quarterly earnings report showed a revenue increase of 30.7% year-over-year, with earnings per share of $0.11, surpassing analysts' expectations.

Shares of Samsara Inc. (NYSE:IOT - Get Free Report) have earned an average recommendation of "Hold" from the seventeen analysts that are presently covering the stock, MarketBeat reports. Nine analysts have rated the stock with a hold recommendation and eight have given a buy recommendation to the company. The average 12 month price objective among brokers that have issued a report on the stock in the last year is $49.7143.

A number of analysts recently weighed in on the company. Piper Sandler restated an "overweight" rating and issued a $47.00 price objective (down from $53.00) on shares of Samsara in a report on Thursday, August 7th. BMO Capital Markets upped their price target on shares of Samsara from $48.00 to $54.00 and gave the company an "outperform" rating in a research report on Monday, June 2nd. Wells Fargo & Company upped their price target on shares of Samsara from $48.00 to $50.00 and gave the company an "overweight" rating in a research report on Friday, June 6th. Evercore ISI set a $45.00 price target on shares of Samsara in a research report on Wednesday, June 25th. Finally, Truist Financial cut their price objective on shares of Samsara from $42.00 to $35.00 and set a "hold" rating on the stock in a research report on Monday.

Insider Buying and Selling at Samsara

In other news, Director Marc L. Andreessen sold 399,026 shares of the firm's stock in a transaction that occurred on Tuesday, June 10th. The shares were sold at an average price of $41.33, for a total transaction of $16,491,744.58. The sale was disclosed in a document filed with the Securities & Exchange Commission, which is available at this hyperlink. Also, major shareholder Parallel Fund Iv L.P. Ah sold 399,026 shares of Samsara stock in a transaction that occurred on Tuesday, June 10th. The shares were sold at an average price of $41.33, for a total transaction of $16,491,744.58. The disclosure for this sale can be found here. Insiders sold a total of 2,931,317 shares of company stock worth $115,635,442 in the last quarter. 46.49% of the stock is owned by insiders.

Institutional Inflows and Outflows

Hedge funds have recently made changes to their positions in the company. Brighton Jones LLC bought a new stake in shares of Samsara during the 4th quarter worth $13,464,000. Raymond James Financial Inc. purchased a new position in shares of Samsara during the fourth quarter valued at approximately $2,634,000. NewEdge Advisors LLC lifted its holdings in shares of Samsara by 262.0% during the fourth quarter. NewEdge Advisors LLC now owns 572 shares of the company's stock valued at $25,000 after purchasing an additional 414 shares during the last quarter. Dimensional Fund Advisors LP lifted its holdings in shares of Samsara by 10.7% during the fourth quarter. Dimensional Fund Advisors LP now owns 358,920 shares of the company's stock valued at $15,682,000 after purchasing an additional 34,805 shares during the last quarter. Finally, Tower Research Capital LLC TRC purchased a new stake in shares of Samsara during the fourth quarter valued at approximately $100,000. 96.02% of the stock is currently owned by hedge funds and other institutional investors.

Samsara Stock Down 2.3%

NYSE IOT opened at $33.62 on Wednesday. The company has a market capitalization of $19.14 billion, a price-to-earnings ratio of -152.80 and a beta of 1.62. Samsara has a twelve month low of $31.40 and a twelve month high of $61.90. The stock has a fifty day simple moving average of $37.09 and a 200 day simple moving average of $41.01.

Samsara (NYSE:IOT - Get Free Report) last posted its quarterly earnings data on Thursday, June 5th. The company reported $0.11 earnings per share for the quarter, beating analysts' consensus estimates of $0.06 by $0.05. The business had revenue of $366.88 million during the quarter, compared to the consensus estimate of $351.44 million. Samsara had a negative return on equity of 11.14% and a negative net margin of 9.04%.Samsara's quarterly revenue was up 30.7% on a year-over-year basis. During the same period in the prior year, the business posted $0.03 earnings per share. Samsara has set its FY 2026 guidance at 0.390-0.410 EPS. Q2 2026 guidance at 0.060-0.070 EPS. Research analysts expect that Samsara will post -0.3 earnings per share for the current fiscal year.

Samsara Company Profile

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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