Samsara (NYSE:IOT) Stock Price Down 4.6% – Time to Sell?

Samsara Inc. (NYSE:IOT)’s share price traded down 4.6% during mid-day trading on Wednesday . The stock traded as low as $37.52 and last traded at $37.2820. 456,874 shares were traded during trading, a decline of 93% from the average session volume of 6,784,106 shares. The stock had previously closed at $39.06.

Trending Headlines about Samsara

Here are the key news stories impacting Samsara this week:

• Positive Sentiment: Quarterly earnings beat expectations: Samsara reported fiscal Q2 EPS of $0.20, above the $0.16-$0.17 analyst estimates and up from $0.12 a year earlier. Revenue increased approximately 30% year over year. Samsara Reports Second Quarter Fiscal Year 2027 Financial Results
• Positive Sentiment: Raised full-year guidance: Fiscal 2027 EPS guidance of $0.76-$0.78 is well above the $0.60 consensus estimate. Full-year revenue guidance is approximately $2.0 billion, broadly in line with expectations. Samsara boosts full-year outlook
• Positive Sentiment: Next-quarter outlook also exceeded expectations: Samsara forecast fiscal Q3 revenue of $514 million-$516 million versus the $509.8 million consensus estimate, while reported EPS guidance of $0.180-$1.090 was above the $0.150 estimate. Samsara Q2 results beat expectations
• Positive Sentiment: Enterprise momentum remains strong: Annual recurring revenue surpassed $2.1 billion, growing 30% year over year for the third consecutive quarter. Enterprise ARR rose 50%, and the company set a quarterly record for new customers generating at least $1 million in ARR. Samsara crosses $2.1 billion in ARR
• Negative Sentiment: Valuation remains demanding: Samsara trades at a very high earnings multiple, with a reported P/E ratio above 700 and PEG ratio above 8. Some analyst price targets have reportedly been below the stock’s prevailing market price, leaving limited room for disappointment despite the positive results. Samsara or UiPath investment analysis

Analyst Upgrades and Downgrades

A number of brokerages have issued reports on IOT. Wolfe Research reiterated an “outperform” rating on shares of Samsara in a report on Thursday, June 11th. Jefferies Financial Group raised shares of Samsara to a “buy” rating in a report on Thursday, June 11th. TD Cowen lifted their target price on Samsara from $45.00 to $48.00 and gave the stock a “buy” rating in a report on Thursday, August 20th. Guggenheim initiated coverage on Samsara in a research report on Wednesday, July 22nd. They issued a “buy” rating and a $45.00 target price on the stock. Finally, BTIG Research reissued a “buy” rating and set a $45.00 price target on shares of Samsara in a research note on Friday, June 26th. Two investment analysts have rated the stock with a Strong Buy rating, thirteen have assigned a Buy rating and six have given a Hold rating to the company. Based on data from MarketBeat, the company has a consensus rating of “Moderate Buy” and an average price target of $46.67.

Samsara Stock Performance

The stock has a market cap of $22.57 billion, a P/E ratio of 387.44, a P/E/G ratio of 8.26 and a beta of 1.35. The stock’s fifty day moving average is $37.59 and its 200 day moving average is $33.17.

Samsara (NYSE:IOT) last issued its quarterly earnings data on Thursday, September 3rd. The company reported $0.20 earnings per share for the quarter, topping the consensus estimate of $0.16 by $0.04. The company had revenue of $508.44 million for the quarter, compared to analysts’ expectations of $483.29 million. Samsara had a return on equity of 2.00% and a net margin of 3.32%.The firm’s revenue for the quarter was up 29.9% on a year-over-year basis. During the same period in the previous year, the firm posted $0.12 earnings per share. Samsara has set its FY 2027 guidance at 0.760-0.780 EPS and its Q3 2027 guidance at 0.180-1.090 EPS. Equities research analysts predict that Samsara Inc. will post 0.15 EPS for the current year.

Insider Activity at Samsara

In other Samsara news, insider Adam Eltoukhy sold 6,876 shares of the business’s stock in a transaction on Tuesday, August 25th. The shares were sold at an average price of $39.82, for a total transaction of $273,802.32. Following the transaction, the insider owned 425,080 shares in the company, valued at $16,926,685.60. The trade was a 1.59% decrease in their ownership of the stock. The transaction was disclosed in a legal filing with the SEC, which is available at this link. The transaction was executed under a pre-arranged Rule 10b5-1 trading plan. Also, insider John Bicket sold 34,557 shares of the stock in a transaction on Thursday, August 20th. The shares were sold at an average price of $39.44, for a total transaction of $1,362,928.08. Following the completion of the sale, the insider directly owned 1,134,795 shares in the company, valued at approximately $44,756,314.80. This represents a 2.96% decrease in their position. The SEC filing for this sale provides additional information. The transaction was executed under a pre-arranged Rule 10b5-1 trading plan. In the last 90 days, insiders have sold 4,458,623 shares of company stock worth $158,550,351. Company insiders own 35.13% of the company’s stock.

Institutional Trading of Samsara

A number of hedge funds and other institutional investors have recently added to or reduced their stakes in IOT. Brighton Jones LLC purchased a new position in shares of Samsara during the fourth quarter valued at approximately $13,464,000. Royal Bank of Canada lifted its stake in shares of Samsara by 100.3% during the 1st quarter. Royal Bank of Canada now owns 96,142 shares of the company’s stock worth $3,686,000 after acquiring an additional 48,135 shares during the last quarter. Jones Financial Companies Lllp lifted its stake in shares of Samsara by 2,444.6% during the 1st quarter. Jones Financial Companies Lllp now owns 17,787 shares of the company’s stock worth $682,000 after acquiring an additional 17,088 shares during the last quarter. Empowered Funds LLC boosted its holdings in Samsara by 3.4% during the 1st quarter. Empowered Funds LLC now owns 10,168 shares of the company’s stock valued at $390,000 after acquiring an additional 335 shares during the period. Finally, Marshall Wace LLP boosted its holdings in Samsara by 142.4% during the 2nd quarter. Marshall Wace LLP now owns 68,860 shares of the company’s stock valued at $2,739,000 after acquiring an additional 40,450 shares during the period. 96.02% of the stock is owned by hedge funds and other institutional investors.

About Samsara

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.