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Cash Holders STILL Aren't Taking Steps to Prepare (Ad)
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The Bottom Is In For Meta Platforms, Volatility Is Not Over
Cash Holders STILL Aren't Taking Steps to Prepare (Ad)
Exxon Mobil Could Gush To New Highs Very Soon 
Closing prices for crude oil, gold and other commodities
S&P 500   3,852.36
DOW   32,920.46
QQQ   311.72
Retirement Plans in 2023: Choosing the Right Account
Cash Holders STILL Aren't Taking Steps to Prepare (Ad)
Mullen Automotive Stock Gains Momentum On Positive News
Apple’s Earnings, Expectations and Surprises
Cash Holders STILL Aren't Taking Steps to Prepare (Ad)
Cathie Woods' Ark Innovation ETF Set To Rebound in 2023?
The Bottom Is In For Meta Platforms, Volatility Is Not Over
Cash Holders STILL Aren't Taking Steps to Prepare (Ad)
Exxon Mobil Could Gush To New Highs Very Soon 
Closing prices for crude oil, gold and other commodities
S&P 500   3,852.36
DOW   32,920.46
QQQ   311.72
Retirement Plans in 2023: Choosing the Right Account
Cash Holders STILL Aren't Taking Steps to Prepare (Ad)
Mullen Automotive Stock Gains Momentum On Positive News
Apple’s Earnings, Expectations and Surprises
Cash Holders STILL Aren't Taking Steps to Prepare (Ad)
Cathie Woods' Ark Innovation ETF Set To Rebound in 2023?
The Bottom Is In For Meta Platforms, Volatility Is Not Over
Cash Holders STILL Aren't Taking Steps to Prepare (Ad)
Exxon Mobil Could Gush To New Highs Very Soon 
Closing prices for crude oil, gold and other commodities
S&P 500   3,852.36
DOW   32,920.46
QQQ   311.72
Retirement Plans in 2023: Choosing the Right Account
Cash Holders STILL Aren't Taking Steps to Prepare (Ad)
Mullen Automotive Stock Gains Momentum On Positive News
Apple’s Earnings, Expectations and Surprises
Cash Holders STILL Aren't Taking Steps to Prepare (Ad)
Cathie Woods' Ark Innovation ETF Set To Rebound in 2023?
The Bottom Is In For Meta Platforms, Volatility Is Not Over
Cash Holders STILL Aren't Taking Steps to Prepare (Ad)
Exxon Mobil Could Gush To New Highs Very Soon 
Closing prices for crude oil, gold and other commodities
NYSE:IOT

Samsara - IOT Stock Forecast, Price & News

$14.85
+0.45 (+3.13%)
(As of 02/2/2023 12:00 AM ET)
Add
Compare
Today's Range
$14.52
$15.21
50-Day Range
$9.23
$14.85
52-Week Range
$8.42
$25.42
Volume
1.89 million shs
Average Volume
1.02 million shs
Market Capitalization
$7.71 billion
P/E Ratio
N/A
Dividend Yield
N/A
Price Target
$21.38

Samsara MarketRank™ Forecast

Analyst Rating
Moderate Buy
2.80 Rating Score
Upside/​Downside
43.9% Upside
$21.38 Price Target
Short Interest
Bearish
10.10% of Float Sold Short
Dividend Strength
N/A
Sustainability
N/A
News Sentiment
-0.07mentions of Samsara in the last 14 days
Based on 9 Articles This Week
Insider Trading
Selling Shares
$13.89 M Sold Last Quarter
Proj. Earnings Growth
Decreasing
From ($0.51) to ($0.53) Per Share

Overall MarketRank

MarketRank is calculated as an average of available category scores, with extra weight given to analysis and valuation.

1.73 out of 5 stars

Computer And Technology Sector

501st out of 614 stocks

Computer Integrated Systems Design Industry

31st out of 36 stocks

IOT stock logo

About Samsara (NYSE:IOT) Stock

Samsara Inc. provides solutions that connect 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; and applications for video-based safety, vehicle telematics, apps and driver workflows, equipment monitoring, and site visibility. It serves customers across a range of industries, including transportation and logistics, construction, field services, utilities and energy, government, healthcare and education, manufacturing, wholesale and retail trade, and food and beverage. The company was incorporated in 2015 and is based in San Francisco, California.

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IOT Stock News Headlines

Samsara Inc. (NYSE:IOT) Insider Sells $708,504.00 in Stock
Cash Holders STILL Aren't Taking Steps to Prepare
Stocks are crashing... inflation is through the roof... multiple industries are getting hit hard... Americans are fearful of what might happen to their stock portfolios right now -- and who's to blame them? But former Wall Street money manager Louis Navellier says all it takes is being on the right side of this force driving the massive divide. Take action today and watch his exclusive presentation -- absolutely free of charge -- to see how you should be prepping for this phenomenon.
Samsara Inc. (NYSE:IOT) CEO Sells $541,231.56 in Stock
Samsara Inc. (NYSE:IOT) CEO Sanjit Biswas Sells 16,754 Shares
Samsara Inc. (NYSE:IOT) Insider Kiren Sekar Sells 53,472 Shares
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Samsara Inc. (NYSE:IOT) Q3 2023 Earnings Call Transcript
Samsara Third Quarter 2023 Earnings: Beats Expectations
2 Cloud Stocks Rising Up on Friday
Samsara Luggage Debuts in Tommy Bahama Stores
See More Headlines
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IOT Company Calendar

Last Earnings
12/01/2022
Today
2/02/2023
Fiscal Year End
1/31/2024

Industry, Sector and Symbol

Industry
Computer integrated systems design
Sub-Industry
N/A
Fax
N/A
Employees
1,616
Year Founded
N/A

Price Target and Rating

Average Stock Price Forecast
$21.38
High Stock Price Forecast
$40.00
Low Stock Price Forecast
$14.00
Forecasted Upside/Downside
+43.9%
Consensus Rating
Moderate Buy
Rating Score (0-4)
2.80
Research Coverage
5 Analysts

Profitability

Net Income
$-355,020,000.00
Pretax Margin
-75.09%

Debt

Sales & Book Value

Annual Sales
$591.72 million
Book Value
$1.96 per share

Miscellaneous

Free Float
97,964,000
Market Cap
$7.71 billion
Optionable
Not Optionable
Beta
0.99

Key Executives

  • Mr. Sanjit Biswas (Age 41)
    Co-Founder, CEO & Chairman
    Comp: $1.06M
  • Mr. John Bicket (Age 43)
    Co-Founder, Exec. VP, CTO & Director
  • Mr. Dominic Phillips (Age 41)
    Principal Financial Officer
    Comp: $790.56k
  • Mr. Adam Eltoukhy (Age 40)
    Gen. Counsel & Corp. Sec.
    Comp: $471.68k
  • Ms. Chloe Hill
    VP of Fin.
  • Mr. J. Andrew Munk (Age 59)
    Chief Accounting Officer & Principal Accounting Officer
  • Mr. Stephen Franchetti
    Chief Information Officer
  • Mr. Mike Chang
    VP of Corp. Devel. & Investor Relations
  • Ms. Sarah Patterson
    Chief Marketing Officer
  • Mr. Steve Pickle
    Chief People Officer













IOT Stock - Frequently Asked Questions

Should I buy or sell Samsara stock right now?

5 Wall Street equities research analysts have issued "buy," "hold," and "sell" ratings for Samsara in the last twelve months. There are currently 1 hold rating and 4 buy ratings for the stock. The consensus among Wall Street equities research analysts is that investors should "buy" IOT shares.
View IOT analyst ratings
or view top-rated stocks.

What is Samsara's stock price forecast for 2023?

5 Wall Street analysts have issued 1 year price targets for Samsara's stock. Their IOT share price forecasts range from $14.00 to $40.00. On average, they anticipate the company's share price to reach $21.38 in the next twelve months. This suggests a possible upside of 41.5% from the stock's current price.
View analysts price targets for IOT
or view top-rated stocks among Wall Street analysts.

How have IOT shares performed in 2023?

Samsara's stock was trading at $12.43 on January 1st, 2023. Since then, IOT shares have increased by 21.6% and is now trading at $15.11.
View the best growth stocks for 2023 here
.

Are investors shorting Samsara?

Samsara saw a increase in short interest in December. As of December 30th, there was short interest totaling 9,280,000 shares, an increase of 29.8% from the December 15th total of 7,150,000 shares. Based on an average daily volume of 1,390,000 shares, the short-interest ratio is currently 6.7 days. Approximately 9.6% of the shares of the company are sold short.
View Samsara's Short Interest
.

How were Samsara's earnings last quarter?

Samsara Inc. (NYSE:IOT) issued its earnings results on Thursday, December, 1st. The company reported ($0.11) EPS for the quarter, topping the consensus estimate of ($0.14) by $0.03. The company had revenue of $169.80 million for the quarter, compared to analyst estimates of $155.64 million. Samsara had a negative trailing twelve-month return on equity of 21.98% and a negative net margin of 75.47%.

What guidance has Samsara issued on next quarter's earnings?

Samsara updated its fourth quarter 2023 earnings guidance on Saturday, December, 31st. The company provided EPS guidance of -$0.06--$0.05 for the period, compared to the consensus estimate of -$0.06. The company issued revenue guidance of $170.00 million-$172.00 million, compared to the consensus revenue estimate of $161.26 million.

When did Samsara IPO?

(IOT) raised $752 million in an initial public offering on Wednesday, December 15th 2021. The company issued 35,000,000 shares at $20.00-$23.00 per share.

What is Samsara's stock symbol?

Samsara trades on the New York Stock Exchange (NYSE) under the ticker symbol "IOT."

Who are Samsara's major shareholders?

Samsara's stock is owned by many different retail and institutional investors. Top institutional investors include Exchange Traded Concepts LLC (0.24%), Catalyst Private Wealth LLC (0.03%), Harbor Capital Advisors Inc. (0.02%), Alpha DNA Investment Management LLC (0.02%), Bank Julius Baer & Co. Ltd Zurich (0.01%) and AE Wealth Management LLC (0.01%). Insiders that own company stock include Adam Eltoukhy, Benjamin Calderon, Dominic Phillips, James Andrew Munk, John Bicket, Jonathan Chadwick, Kiren Sekar, Marc L Andreessen and Sanjit Biswas.
View institutional ownership trends
.

How do I buy shares of Samsara?

Shares of IOT stock can be purchased through any online brokerage account. Popular online brokerages with access to the U.S. stock market include WeBull, Vanguard Brokerage Services, TD Ameritrade, E*TRADE, Robinhood, Fidelity, and Charles Schwab.
Compare Top Brokerages Here.

What is Samsara's stock price today?

One share of IOT stock can currently be purchased for approximately $15.11.

How much money does Samsara make?

Samsara (NYSE:IOT) has a market capitalization of $7.84 billion and generates $428.35 million in revenue each year. The company earns $-355,020,000.00 in net income (profit) each year or ($1.06) on an earnings per share basis.

How many employees does Samsara have?

The company employs 1,616 workers across the globe.

How can I contact Samsara?

The official website for the company is www.samsara.com. The company can be reached via phone at 415-985-2400 or via email at ir@samsara.com.

This page (NYSE:IOT) was last updated on 2/3/2023 by MarketBeat.com Staff