NYSE:IOT Samsara - IOT Stock Forecast, Price & News Adding Choose a watchlist: Watchlist Adding You have already added five stocks to your watchlist. Upgrade to MarketBeat Daily Premium to add more stocks to your watchlist. Adding Samsara Inc. Please log in to your account or sign up in order to add this asset to your watchlist. $14.85 +0.45 (+3.13%) (As of 02/2/2023 12:00 AM ET) Add Compare Share Share Today's Range$14.52▼$15.2150-Day Range$9.23▼$14.8552-Week Range$8.42▼$25.42Volume1.89 million shsAverage Volume1.02 million shsMarket Capitalization$7.71 billionP/E RatioN/ADividend YieldN/APrice Target$21.38 ProfileAnalyst RatingsChartCompetitorsEarningsFinancialsInsider TradesInstitutional OwnershipHeadlinesSEC FilingsShort InterestSocial Media Samsara MarketRank™ ForecastAnalyst RatingModerate Buy2.80 Rating ScoreUpside/Downside43.9% Upside$21.38 Price TargetShort InterestBearish10.10% of Float Sold ShortDividend StrengthN/ASustainabilityN/ANews Sentiment-0.07Based on 9 Articles This WeekInsider TradingSelling Shares$13.89 M Sold Last QuarterProj. Earnings GrowthDecreasingFrom ($0.51) to ($0.53) Per ShareSee Full Details Hide Full Details 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 starsComputer And Technology Sector501st out of 614 stocksComputer Integrated Systems Design Industry31st out of 36 stocks 3.4 Analyst's Opinion Consensus RatingSamsara has received a consensus rating of Buy. The company's average rating score is 2.80, and is based on 4 buy ratings, 1 hold rating, and no sell ratings.Price Target Upside/DownsideAccording to analysts' consensus price target of $21.38, Samsara has a forecasted upside of 43.9% from its current price of $14.85.Amount of Analyst CoverageSamsara has only been the subject of 2 research reports in the past 90 days. Previous Next 1.0 Short Interest Percentage of Shares Shorted10.10% of the float of Samsara has been sold short.Short Interest Ratio / Days to CoverSamsara has a short interest ratio ("days to cover") of 7.1.Change versus previous monthShort interest in Samsara has recently increased by 5.28%, indicating that investor sentiment is decreasing significantly. Previous Next 0.0 Dividend Strength Dividend YieldSamsara does not currently pay a dividend.Dividend GrowthSamsara does not have a long track record of dividend growth. Previous Next N/A Sustainability and ESG Overall ESG (Environmental, Social, and Governance) ScoreThere is no current Upright™ data available for IOT. Previous Next 1.1 News and Social Media Coverage News SentimentSamsara has a news sentiment score of -0.07. This score is calculated as an average of sentiment of articles about the company over the last seven days and ranges from 2 (good news) to -2 (bad news). This is a lower news sentiment than the 0.38 average news sentiment score of Computer and Technology companies.News Coverage This WeekMarketBeat has tracked 9 news articles for Samsara this week, compared to 3 articles on an average week.Search InterestOnly 4 people have searched for IOT on MarketBeat in the last 30 days. This is a decrease of -56% compared to the previous 30 days.MarketBeat FollowsOnly 8 people have added Samsara to their MarketBeat watchlist in the last 30 days. This is a decrease of -69% compared to the previous 30 days. Previous Next 3.3 Company Ownership Insider Buying vs. Insider SellingIn the past three months, Samsara insiders have sold more of their company's stock than they have bought. Specifically, they have bought $0.00 in company stock and sold $13,893,814.00 in company stock.Percentage Held by Insiders81.12% of the stock of Samsara is held by insiders. A high percentage of insider ownership can be a sign of company health.Percentage Held by Institutions43.05% of the stock of Samsara is held by institutions. High institutional ownership can be a signal of strong market trust in this company. Previous Next 0.0 Earnings and Valuation Earnings GrowthEarnings for Samsara are expected to decrease in the coming year, from ($0.51) to ($0.53) per share.Price to Earnings Ratio vs. the MarketThe P/E ratio of Samsara is -14.01, which means that its earnings are negative and its P/E ratio cannot be compared to companies with positive earnings.Price to Earnings Ratio vs. SectorThe P/E ratio of Samsara is -14.01, which means that its earnings are negative and its P/E ratio cannot be compared to companies with positive earnings.Price to Book Value per Share RatioSamsara has a P/B Ratio of 7.58. P/B Ratios above 3 indicate that a company could be overvalued with respect to its assets and liabilities. Previous Next See Top Rated MarketRank™ Stocks Here About Samsara (NYSE:IOT) StockSamsara 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.Read More Receive IOT Stock News and Ratings via Email Sign-up to receive the latest news and ratings for Samsara and its competitors with MarketBeat's FREE daily newsletter. Email Address IOT Stock News HeadlinesFebruary 2, 2023 | finance.yahoo.comSamsara To Announce Fourth Quarter And Fiscal Year 2023 Financial Results On March 2, 2023January 29, 2023 | americanbankingnews.comSamsara Inc. (NYSE:IOT) Insider Sells $708,504.00 in StockFebruary 3, 2023 | Investor Place Media (Ad)Cash Holders STILL Aren't Taking Steps to PrepareStocks 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.January 29, 2023 | americanbankingnews.comSamsara Inc. (NYSE:IOT) CEO Sells $541,231.56 in StockJanuary 27, 2023 | americanbankingnews.comSamsara Inc. (NYSE:IOT) CEO Sanjit Biswas Sells 16,754 SharesJanuary 27, 2023 | americanbankingnews.comSamsara Inc. (NYSE:IOT) Insider Kiren Sekar Sells 53,472 SharesJanuary 23, 2023 | americanbankingnews.comSamsara Inc. (NYSE:IOT) Receives $21.38 Average Price Target from AnalystsJanuary 14, 2023 | finance.yahoo.comSamsara (NYSE:IOT) one-year losses have grown faster than shareholder returns have fallen, but the stock grows 7.2% this past weekFebruary 3, 2023 | Tradewins (Ad)Know Your Profit Potential BEFORE You Trade!I’m Chuck Hughes, ten-time trading champion and author of the coveted e-book, “Options Trading Made Easy”, the strategy guide that will teach you to calculate your trade’s profit potential before you risk any capital. Click here for a free copy now! December 8, 2022 | finance.yahoo.comSamsara Inc. (NYSE:IOT) Q3 2023 Earnings Call TranscriptDecember 8, 2022 | finance.yahoo.comRinchem Adopts Video-Based Safety Solution for Mobile FleetDecember 4, 2022 | finance.yahoo.comAnalyst Estimates: Here's What Brokers Think Of Samsara Inc. (NYSE:IOT) After Its Third-Quarter ReportDecember 3, 2022 | finance.yahoo.comSamsara Third Quarter 2023 Earnings: Beats ExpectationsDecember 2, 2022 | finance.yahoo.com2 Cloud Stocks Rising Up on FridayDecember 1, 2022 | finance.yahoo.comSamsara Reports Third Quarter Fiscal 2023 Financial ResultsNovember 16, 2022 | finance.yahoo.comSamsara Recognized as one of North America's Fastest-Growing Companies on the 2022 Deloitte Technology Fast 500™November 4, 2022 | finance.yahoo.comSamsara to Announce Third Quarter Fiscal 2023 Financial Results on December 1, 2022October 25, 2022 | finance.yahoo.comSamsara Luggage Debuts in Tommy Bahama StoresOctober 11, 2022 | finance.yahoo.comThe global fleet management Market size is expected to grow from USD 25.5 billion in 2022 to USD 52.4 billion by 2027, at a Compound Annual Growth Rate (CAGR) of 15.5% - Yahoo FinanceOctober 10, 2022 | finance.yahoo.comImmatics Announces $110 Million Underwritten Offering of Ordinary Shares - Yahoo FinanceOctober 10, 2022 | uk.finance.yahoo.comImmatics Announces $110 Million Underwritten Offering of Ordinary Shares - Yahoo Finance UKOctober 7, 2022 | finance.yahoo.comTop 8 Stock Picks of Colin Moran’s Abdiel Capital - Yahoo FinanceOctober 5, 2022 | businesswire.comGlobal Electronic Logging Device Market Analysis Report 2022-2027: Opportunities in the Adoption of Artificial Intelligence in the Fleet Management Systems - ResearchAndMarkets.com - Business WireOctober 5, 2022 | washingtonpost.comTips for getting your lost luggage back - The Washington PostOctober 4, 2022 | bizjournals.comTuesday Digest: SCOTUS to argue big tech's legal shield; Bay Area founder dies - San Francisco Business Times - The Business JournalsOctober 4, 2022 | finance.yahoo.comSamsara Appoints Steve Pickle as First Chief People Officer - Yahoo FinanceOctober 4, 2022 | bloomberg.comAKAMPION: ImmunOs Therapeutics Announces Appointment of Joseph Leveque, MD, to its Board of Directors - BloombergSee More Headlines View Price History Chart DataSkip Price History Chart 30 days | 90 days | 365 days | Advanced Chart Receive IOT Stock News and Ratings via Email Sign-up to receive the latest news and ratings for Samsara and its competitors with MarketBeat's FREE daily newsletter. Email Address IOT Company Calendar Last Earnings12/01/2022Today2/02/2023Fiscal Year End1/31/2024Get Stock AlertsIndustry, Sector and Symbol Stock ExchangeNYSE Industry Computer integrated systems design Sub-IndustryN/A SectorComputer and Technology Current SymbolNYSE:IOT CUSIPN/A CIK1642896 Webwww.samsara.com Phone415-985-2400FaxN/AEmployees1,616Year FoundedN/APrice 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 RatingModerate Buy Rating Score (0-4)2.80 Research Coverage5 Analysts Profitability EPS (Most Recent Fiscal Year)($1.06) Trailing P/E RatioN/A Forward P/E RatioN/A P/E GrowthN/ANet Income$-355,020,000.00 Net Margins-75.47% Pretax Margin-75.09% Return on Equity-21.98% Return on Assets-13.65% Debt Debt-to-Equity RatioN/A Current Ratio2.55 Quick Ratio2.43 Sales & Book Value Annual Sales$591.72 million Price / Sales13.02 Cash FlowN/A Price / Cash FlowN/A Book Value$1.96 per share Price / Book7.58Miscellaneous Outstanding Shares518,876,000Free Float97,964,000Market Cap$7.71 billion OptionableNot Optionable Beta0.99 Key ExecutivesMr. Sanjit Biswas (Age 41)Co-Founder, CEO & Chairman Comp: $1.06MMr. John Bicket (Age 43)Co-Founder, Exec. VP, CTO & Director Mr. Dominic Phillips (Age 41)Principal Financial Officer Comp: $790.56kMr. Adam Eltoukhy (Age 40)Gen. Counsel & Corp. Sec. Comp: $471.68kMs. Chloe HillVP of Fin.Mr. J. Andrew Munk (Age 59)Chief Accounting Officer & Principal Accounting Officer Mr. Stephen FranchettiChief Information OfficerMr. Mike ChangVP of Corp. Devel. & Investor RelationsMs. Sarah PattersonChief Marketing OfficerMr. Steve PickleChief People OfficerMore ExecutivesKey CompetitorsCACI InternationalNYSE:CACIOpen TextNASDAQ:OTEXScience Applications InternationalNYSE:SAICVerint SystemsNASDAQ:VRNTNetScout SystemsNASDAQ:NTCTView All CompetitorsInsiders & InstitutionsCanal Insurance COSold 60,000 shares on 2/1/2023Ownership: 0.008%Janney Capital Management LLCBought 12,927 shares on 2/1/2023Ownership: 0.002%Zurcher Kantonalbank Zurich Cantonalbank Bought 3,240 shares on 2/1/2023Ownership: 0.002%AE Wealth Management LLCBought 45,806 shares on 1/31/2023Ownership: 0.009%New York State Common Retirement FundBought 2,092 shares on 1/30/2023Ownership: 0.001%View All Insider TransactionsView All Institutional Transactions 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 Get 30 Days of MarketBeat All Access Free Sign up for MarketBeat All Access to gain access to MarketBeat's full suite of research tools: Best-in-Class Portfolio Monitoring View the latest news, buy/sell ratings, SEC filings and insider transactions for your stocks. Compare your portfolio performance to leading indices and get personalized stock ideas based on your portfolio. Stock Ideas and Recommendations Get daily stock ideas from top-performing Wall Street analysts. Get short term trading ideas from the MarketBeat Idea Engine. View which stocks are hot on social media with MarketBeat's trending stocks report. 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