Samsara (NYSE:IOT) Stock Price Up 7.2% - Should You Buy?

Key Points

• Samsara shares rose 7.2% on Thursday, trading as high as $31.30 before last changing hands at $31.59. Volume was sharply below average, with about 308,000 shares traded versus a normal session volume of more than 7.2 million.
• Analyst sentiment remains constructive, with a consensus rating of “Moderate Buy” and an average price target of $46.18. Several firms recently raised targets, including Royal Bank of Canada to $41 and Goldman Sachs maintaining a $45 target.
• Latest earnings showed strong top-line growth: Samsara reported $0.18 EPS, beating estimates, on revenue of $444.3 million, up 28.3% year over year. The company also guided for Q1 2027 EPS of $0.12-$0.13 and FY 2027 EPS of $0.65-$0.69.

Samsara Inc. (NYSE:IOT - Get Free Report)'s stock price shot up 7.2% during trading on Thursday . The company traded as high as $31.30 and last traded at $31.59. 308,181 shares traded hands during mid-day trading, a decline of 96% from the average session volume of 7,263,970 shares. The stock had previously closed at $29.47.

Wall Street Analysts Forecast Growth

A number of research firms have recently commented on IOT. Royal Bank Of Canada upped their price objective on shares of Samsara from $35.00 to $41.00 and gave the company an "outperform" rating in a research note on Friday, March 6th. The Goldman Sachs Group set a $45.00 price objective on shares of Samsara in a research note on Monday, March 2nd. Zacks Research lowered shares of Samsara from a "strong-buy" rating to a "hold" rating in a research note on Tuesday, May 5th. KeyCorp upped their price objective on shares of Samsara from $40.00 to $41.00 and gave the company an "overweight" rating in a research note on Friday, March 6th. Finally, Truist Financial reduced their price objective on shares of Samsara from $39.00 to $30.00 and set a "hold" rating on the stock in a research note on Tuesday, February 17th. One analyst has rated the stock with a Strong Buy rating, twelve have assigned a Buy rating, four have given a Hold rating and one has assigned a Sell rating to the company. Based on data from MarketBeat, the stock has a consensus rating of "Moderate Buy" and an average target price of $46.18.

Samsara Trading Up 8.2%

The stock's 50-day moving average is $30.29 and its 200-day moving average is $32.58. The company has a market cap of $18.51 billion, a price-to-earnings ratio of -1,592.95, a P/E/G ratio of 9.27 and a beta of 1.29.

Samsara (NYSE:IOT - Get Free Report) last released its earnings results on Thursday, March 5th. The company reported $0.18 earnings per share (EPS) for the quarter, beating analysts' consensus estimates of $0.13 by $0.05. Samsara had a negative net margin of 0.56% and a negative return on equity of 0.72%. The company had revenue of $444.30 million for the quarter, compared to the consensus estimate of $422.29 million. During the same quarter in the previous year, the company earned $0.11 EPS. Samsara's quarterly revenue was up 28.3% compared to the same quarter last year. Samsara has set its Q1 2027 guidance at 0.120-0.130 EPS and its FY 2027 guidance at 0.650-0.690 EPS. As a group, analysts predict that Samsara Inc. will post 0.08 EPS for the current year.

Insiders Place Their Bets

In related news, insider John Bicket sold 168,227 shares of the business's stock in a transaction on Tuesday, May 12th. The shares were sold at an average price of $28.58, for a total transaction of $4,807,927.66. Following the transaction, the insider owned 15,200 shares in the company, valued at $434,416. The trade was a 91.71% 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 Sanjit Biswas sold 168,272 shares of the business's stock in a transaction on Tuesday, May 12th. The shares were sold at an average price of $28.58, for a total transaction of $4,809,213.76. Following the transaction, the insider owned 15,200 shares in the company, valued at $434,416. The trade was a 91.72% decrease in their position. Additional details regarding this sale are available in the official SEC disclosure. The transaction was executed under a pre-arranged Rule 10b5-1 trading plan. Insiders have sold a total of 2,190,147 shares of company stock worth $63,602,551 in the last quarter. 35.13% of the stock is owned by corporate insiders.

Institutional Trading of Samsara

Hedge funds and other institutional investors have recently bought and sold shares of the business. Acumen Wealth Advisors LLC acquired a new position in Samsara during the fourth quarter worth $28,000. Caitong International Asset Management Co. Ltd raised its holdings in Samsara by 312.6% during the fourth quarter. Caitong International Asset Management Co. Ltd now owns 883 shares of the company's stock worth $31,000 after buying an additional 669 shares during the last quarter. AlphaCentric Advisors LLC acquired a new position in Samsara during the fourth quarter worth $36,000. Optiver Holding B.V. raised its holdings in Samsara by 953.2% during the third quarter. Optiver Holding B.V. now owns 1,169 shares of the company's stock worth $44,000 after buying an additional 1,058 shares during the last quarter. Finally, IFP Advisors Inc raised its holdings in Samsara by 194.4% during the third quarter. IFP Advisors Inc now owns 1,254 shares of the company's stock worth $47,000 after buying an additional 828 shares during 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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