Samsara (NYSE:IOT) Raised to Strong-Buy at The Goldman Sachs Group

Samsara (NYSE:IOT) was upgraded by investment analysts at The Goldman Sachs Group to a “strong-buy” rating in a note issued to investors on Wednesday,Zacks.com reports.

Several other analysts also recently issued reports on IOT. Wells Fargo & Company decreased their price objective on shares of Samsara from $52.00 to $43.00 and set an “overweight” rating for the company in a research note on Wednesday, February 4th. BMO Capital Markets increased their price target on Samsara from $47.00 to $50.00 and gave the stock an “outperform” rating in a report on Friday, December 5th. BNP Paribas Exane raised Samsara from a “neutral” rating to an “outperform” rating and set a $40.00 price target for the company in a research note on Thursday, January 15th. Piper Sandler reaffirmed an “overweight” rating and issued a $37.00 price objective (down previously from $49.00) on shares of Samsara in a research report on Friday, February 6th. Finally, Bank of America lifted their target price on Samsara from $53.00 to $55.00 and gave the stock a “buy” rating in a research report on Friday, December 5th. Three investment analysts have rated the stock with a Strong Buy rating, nine have issued a Buy rating, five have issued a Hold rating and one has assigned a Sell rating to the stock. According to MarketBeat, the company presently has a consensus rating of “Moderate Buy” and a consensus price target of $47.25.

Samsara Stock Performance

NYSE:IOT opened at $27.78 on Wednesday. The firm has a market capitalization of $16.03 billion, a PE ratio of -347.24 and a beta of 1.61. The stock’s fifty day moving average is $34.48 and its 200 day moving average is $36.43. Samsara has a fifty-two week low of $23.38 and a fifty-two week high of $61.90.

Samsara (NYSE:IOT) last posted its quarterly earnings data on Thursday, December 4th. The company reported $0.01 earnings per share for the quarter, missing analysts’ consensus estimates of $0.12 by ($0.11). The firm had revenue of $415.98 million for the quarter, compared to the consensus estimate of $398.92 million. Samsara had a negative net margin of 2.79% and a negative return on equity of 3.49%. The company’s revenue was up 29.2% on a year-over-year basis. During the same quarter last year, the firm earned $0.07 EPS. Samsara has set its FY 2026 guidance at 0.500-0.500 EPS and its Q4 2026 guidance at 0.120-0.130 EPS. Equities analysts forecast that Samsara will post -0.3 EPS for the current year.

Insider Buying and Selling at Samsara

In other Samsara news, insider Sanjit Biswas sold 263,900 shares of the company’s stock in a transaction on Tuesday, January 6th. The stock was sold at an average price of $34.40, for a total value of $9,078,160.00. Following the completion of the sale, the insider directly owned 89,400 shares in the company, valued at approximately $3,075,360. This represents a 74.70% decrease in their position. The sale was disclosed in a filing with the Securities & Exchange Commission, which can be accessed through this hyperlink. Also, insider John Bicket sold 263,900 shares of the firm’s stock in a transaction on Tuesday, January 6th. The shares were sold at an average price of $34.40, for a total value of $9,078,160.00. Following the transaction, the insider owned 89,400 shares in the company, valued at approximately $3,075,360. This represents a 74.70% decrease in their position. The disclosure for this sale is available in the SEC filing. Insiders have sold a total of 3,054,011 shares of company stock worth $103,745,232 over the last 90 days. 46.49% of the stock is currently owned by company insiders.

Institutional Investors Weigh In On Samsara

Several large investors have recently modified their holdings of the business. IFM Investors Pty Ltd boosted its stake in shares of Samsara by 19.4% during the fourth quarter. IFM Investors Pty Ltd now owns 65,073 shares of the company’s stock valued at $2,307,000 after purchasing an additional 10,563 shares in the last quarter. SmartHarvest Portfolios LLC bought a new position in Samsara in the fourth quarter worth approximately $472,000. Empowered Funds LLC lifted its holdings in Samsara by 5.1% during the fourth quarter. Empowered Funds LLC now owns 15,779 shares of the company’s stock worth $559,000 after buying an additional 763 shares during the period. Janney Montgomery Scott LLC boosted its position in Samsara by 116.8% during the 4th quarter. Janney Montgomery Scott LLC now owns 13,207 shares of the company’s stock valued at $468,000 after acquiring an additional 7,114 shares in the last quarter. Finally, Deutsche Bank AG boosted its position in Samsara by 16.6% during the 4th quarter. Deutsche Bank AG now owns 1,272,891 shares of the company’s stock valued at $45,124,000 after acquiring an additional 181,311 shares in the last quarter. Institutional investors own 96.02% of the company’s stock.

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.