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

Samsara Inc. (NYSE:IOT) shares traded up 7.2% on Thursday . The stock traded as high as $31.30 and last traded at $31.59. 308,181 shares changed hands during trading, a decline of 96% from the average session volume of 7,263,970 shares. The stock had previously closed at $29.47.

Analyst Upgrades and Downgrades

Several research analysts have weighed in on the stock. KeyCorp upped their price objective on shares of Samsara from $40.00 to $41.00 and gave the stock an “overweight” rating in a report on Friday, March 6th. BTIG Research reduced their target price on shares of Samsara from $55.00 to $45.00 and set a “buy” rating for the company in a research note on Friday, March 6th. The Goldman Sachs Group set a $45.00 target price on shares of Samsara in a research note on Monday, March 2nd. Royal Bank Of Canada upped their target price on shares of Samsara from $35.00 to $41.00 and gave the stock an “outperform” rating in a research note on Friday, March 6th. Finally, Evercore reiterated an “outperform” rating on shares of Samsara in a research note on Friday, March 6th. One research analyst has rated the stock with a Strong Buy rating, twelve have issued a Buy rating, four have given a Hold rating and one has given a Sell rating to the company’s stock. Based on data from MarketBeat, Samsara presently has an average rating of “Moderate Buy” and an average price target of $46.18.

Samsara Stock Up 8.2%

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

Samsara (NYSE:IOT) last posted its quarterly earnings results on Thursday, March 5th. The company reported $0.18 earnings per share for the quarter, beating the consensus estimate of $0.13 by $0.05. The company had revenue of $444.30 million during the quarter, compared to analyst estimates of $422.29 million. Samsara had a negative net margin of 0.56% and a negative return on equity of 0.72%. The firm’s revenue for the quarter was up 28.3% on a year-over-year basis. During the same quarter in the prior year, the business earned $0.11 earnings per share. Samsara has set its Q1 2027 guidance at 0.120-0.130 EPS and its FY 2027 guidance at 0.650-0.690 EPS. On average, analysts anticipate that Samsara Inc. will post 0.08 EPS for the current fiscal year.

Insider Transactions at Samsara

In other Samsara news, insider John Bicket sold 168,227 shares of the stock in a transaction dated 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 completion of the transaction, the insider owned 15,200 shares in the company, valued at $434,416. This trade represents a 91.71% decrease in their ownership of the stock. The sale was disclosed in a document filed with the Securities & Exchange Commission, which is available through this link. The transaction was executed under a pre-arranged Rule 10b5-1 trading plan. Also, insider Sanjit Biswas sold 168,272 shares of the stock in a transaction dated Tuesday, May 12th. The stock was 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 of the company’s stock, valued at $434,416. This represents a 91.72% 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. Insiders have sold 2,190,147 shares of company stock valued at $63,602,551 in the last quarter. Company insiders own 35.13% of the company’s stock.

Hedge Funds Weigh In On Samsara

A number of institutional investors and hedge funds have recently added to or reduced their stakes in IOT. Acumen Wealth Advisors LLC bought a new position in Samsara during the fourth quarter worth about $28,000. Caitong International Asset Management Co. Ltd boosted its position 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 purchasing an additional 669 shares during the period. AlphaCentric Advisors LLC bought a new position in Samsara during the fourth quarter worth about $36,000. Optiver Holding B.V. boosted its position 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 purchasing an additional 1,058 shares during the period. Finally, IFP Advisors Inc lifted its holdings in shares of Samsara by 194.4% in 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 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.