Samsara (NYSE:IOT) Stock Price Down 7.3% - What's Next?

Key Points

• Shares fell 7.3% to $33.67 in mid-day trading on Thursday on lighter-than-average volume (2.09M shares, about 60% below the session average); the company has a market cap near $19.5B and a negative P/E.
• Analysts remain generally bullish—MarketBeat shows a "Moderate Buy" consensus with an average price target of $51.27, and several firms have raised targets to $55.
• In the most recent quarter Samsara beat revenue estimates ($415.98M, +29.2% YoY) but missed on EPS ($0.01 vs. $0.12 expected); the company issued FY2026 EPS guidance of $0.50 and insiders have sold roughly 2.15M shares (~$81.5M) over the past three months.

Samsara Inc. (NYSE:IOT - Get Free Report)'s stock price traded down 7.3% during mid-day trading on Thursday . The company traded as low as $33.74 and last traded at $33.67. 2,085,630 shares traded hands during mid-day trading, a decline of 60% from the average session volume of 5,220,289 shares. The stock had previously closed at $36.31.

Analysts Set New Price Targets

Several research analysts have recently weighed in on IOT shares. Zacks Research upgraded Samsara from a "hold" rating to a "strong-buy" rating in a research note on Tuesday, December 30th. TD Cowen upped their price objective on shares of Samsara from $49.00 to $55.00 and gave the company a "buy" rating in a report on Friday, December 5th. BTIG Research initiated coverage on shares of Samsara in a research report on Tuesday, December 16th. They set a "buy" rating and a $55.00 target price for the company. Bank of America boosted their price target on shares of Samsara from $53.00 to $55.00 and gave the company a "buy" rating in a research report on Friday, December 5th. Finally, Cowen restated a "buy" rating on shares of Samsara in a research note on Friday, December 5th. Two investment analysts have rated the stock with a Strong Buy rating, ten have given a Buy rating, five have given a Hold rating and one has given a Sell rating to the company's stock. According to MarketBeat.com, Samsara currently has an average rating of "Moderate Buy" and an average target price of $51.27.

Samsara Price Performance

The stock has a market cap of $19.49 billion, a P/E ratio of -423.19 and a beta of 1.62. The firm's fifty day moving average price is $38.33 and its two-hundred day moving average price is $37.89.

Samsara (NYSE:IOT - Get Free Report) last posted its earnings results on Thursday, December 4th. The company reported $0.01 EPS for the quarter, missing the consensus estimate of $0.12 by ($0.11). Samsara had a negative return on equity of 3.49% and a negative net margin of 2.79%.The business had revenue of $415.98 million for the quarter, compared to analysts' expectations of $398.92 million. During the same quarter in the previous year, the firm earned $0.07 earnings per share. Samsara's quarterly revenue was up 29.2% compared to the same quarter last year. Samsara has set its FY 2026 guidance at 0.500-0.500 EPS and its Q4 2026 guidance at 0.120-0.130 EPS. On average, research analysts expect that Samsara Inc. will post -0.3 earnings per share for the current fiscal year.

Insiders Place Their Bets

In other Samsara news, CAO Benjamin Louis Kirchhoff sold 1,683 shares of the business's stock in a transaction that occurred on Tuesday, December 30th. The shares were sold at an average price of $36.13, for a total value of $60,806.79. Following the completion of the transaction, the chief accounting officer owned 97,293 shares of the company's stock, valued at $3,515,196.09. The trade was a 1.70% decrease in their position. The transaction was disclosed in a filing with the Securities & Exchange Commission, which is available at this hyperlink. Also, insider Sanjit Biswas sold 77,758 shares of the stock in a transaction on Tuesday, December 30th. The stock was sold at an average price of $35.96, for a total transaction of $2,796,177.68. Additional details regarding this sale are available in the official SEC disclosure. Insiders sold a total of 2,147,355 shares of company stock valued at $81,466,471 over the last three months. Corporate insiders own 46.49% of the company's stock.

Hedge Funds Weigh In On Samsara

Several institutional investors and hedge funds have recently made changes to their positions in the business. Lazard Freres Gestion S.A.S. bought a new position in Samsara during the 3rd quarter valued at approximately $2,235,000. JPMorgan Chase & Co. boosted its holdings in Samsara by 28.9% in the second quarter. JPMorgan Chase & Co. now owns 1,380,514 shares of the company's stock worth $54,917,000 after acquiring an additional 309,920 shares in the last quarter. Lunate Capital Ltd purchased a new stake in shares of Samsara in the second quarter worth $905,000. Millennium Management LLC increased its holdings in shares of Samsara by 448.9% during the first quarter. Millennium Management LLC now owns 612,859 shares of the company's stock valued at $23,491,000 after acquiring an additional 501,216 shares in the last quarter. Finally, Windmill Hill Asset Management Ltd increased its holdings in shares of Samsara by 126.7% during the second quarter. Windmill Hill Asset Management Ltd now owns 21,665 shares of the company's stock valued at $862,000 after acquiring an additional 12,107 shares in the last quarter. Institutional investors own 96.02% of the company's stock.

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.

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