Samsara (NYSE:IOT) Price Target Raised to $55.00

Samsara (NYSE:IOT) had its price target raised by KeyCorp from $46.00 to $55.00 in a report published on Friday,Benzinga reports. The brokerage currently has an overweight rating on the stock.

A number of other equities research analysts also recently commented on the company. Wells Fargo & Company increased their price objective on Samsara from $50.00 to $58.00 and gave the company an “overweight” rating in a research report on Friday. BMO Capital Markets lifted their target price on Samsara from $44.00 to $54.00 and gave the stock an “outperform” rating in a report on Friday. Morgan Stanley boosted their target price on Samsara from $43.00 to $49.00 and gave the stock an “equal weight” rating in a research report on Friday. BTIG Research upped their target price on Samsara from $45.00 to $54.00 and gave the company a “buy” rating in a report on Friday. Finally, Wolfe Research reissued an “outperform” rating on shares of Samsara in a research note on Thursday, June 11th. Fifteen investment analysts have rated the stock with a Buy rating and six have given a Hold rating to the stock. According to MarketBeat.com, the company currently has a consensus rating of “Moderate Buy” and an average price target of $52.44.

Samsara Trading Down 0.3%

NYSE:IOT opened at $40.09 on Friday. The company has a 50-day moving average of $37.77 and a 200-day moving average of $33.26. The firm has a market cap of $23.36 billion, a price-to-earnings ratio of 250.56, a price-to-earnings-growth ratio of 9.03 and a beta of 1.35. Samsara has a twelve month low of $23.38 and a twelve month high of $47.47.

Samsara (NYSE:IOT) last released its earnings results on Thursday, September 3rd. The company reported $0.20 EPS for the quarter, topping analysts’ consensus estimates of $0.16 by $0.04. The business had revenue of $508.44 million for the quarter, compared to the consensus estimate of $483.29 million. Samsara had a net margin of 4.90% and a return on equity of 4.27%. The business’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 earned $0.12 EPS. Samsara has set its FY 2027 guidance at 0.760-0.780 EPS and its Q3 2027 guidance at 0.180-1.090 EPS. On average, research analysts forecast that Samsara will post 0.15 earnings per share for the current year.

Insider Activity

In other Samsara news, insider John Bicket sold 245,925 shares of the firm’s stock in a transaction dated Tuesday, July 7th. The stock was sold at an average price of $36.77, for a total transaction of $9,042,662.25. Following the completion of the sale, the insider directly owned 94,000 shares in the company, valued at approximately $3,456,380. This trade represents a 72.35% decrease in their position. The sale was disclosed in a legal filing with the SEC, which is available through this hyperlink. The transaction was executed under a pre-arranged Rule 10b5-1 trading plan. Also, Director Marc L. Andreessen sold 613,660 shares of the firm’s stock in a transaction dated Thursday, June 11th. The stock was sold at an average price of $32.27, for a total value of $19,802,808.20. Following the sale, the director owned 2,256,487 shares of the company’s stock, valued at $72,816,835.49. The trade was a 21.38% decrease in their ownership of the stock. The disclosure for this sale is available in the SEC filing. Over the last quarter, insiders have sold 3,890,796 shares of company stock worth $139,193,129. 35.13% of the stock is owned by corporate insiders.

Institutional Trading of Samsara

Institutional investors have recently made changes to their positions in the stock. Acumen Wealth Advisors LLC acquired a new position in Samsara in the 4th quarter valued at approximately $28,000. Caitong International Asset Management Co. Ltd boosted its stake in shares of Samsara by 312.6% during the 4th quarter. Caitong International Asset Management Co. Ltd now owns 883 shares of the company’s stock valued at $31,000 after buying an additional 669 shares during the period. AlphaCentric Advisors LLC acquired a new stake in shares of Samsara during the 4th quarter valued at $36,000. Markowski Investments purchased a new position in shares of Samsara during the 2nd quarter valued at $37,000. Finally, Parkside Financial Bank & Trust grew its holdings in shares of Samsara by 91.0% during the 2nd quarter. Parkside Financial Bank & Trust now owns 1,377 shares of the company’s stock valued at $45,000 after acquiring an additional 656 shares in the last quarter. 96.02% of the stock is currently owned by institutional investors and hedge funds.

Key Samsara News

Here are the key news stories impacting Samsara this week:

• Positive Sentiment: Quarterly results exceeded expectations. Samsara reported fiscal Q2 revenue of $508.4 million, up nearly 30% year over year, and adjusted EPS of $0.20 versus the $0.16 consensus estimate. Annual recurring revenue surpassed $2.1 billion, also growing 30%, while large-customer adoption and enterprise ARR momentum remained strong. Samsara Reports Second Quarter Fiscal Year 2027 Financial Results
• Positive Sentiment: Management raised its outlook. Fiscal 2027 revenue guidance was lifted to approximately $2.043 billion-$2.047 billion, with EPS guidance of $0.76-$0.78 versus a $0.60 consensus estimate. Third-quarter revenue guidance of $514 million-$516 million also topped expectations, supporting the case for continued growth and improving operating leverage. Samsara Fiscal 2027 Outlook
• Positive Sentiment: Analysts raised their targets following the earnings beat. BTIG, BMO Capital Markets, KeyCorp, TD Cowen and BNP Paribas Exane raised targets into the $53-$55 range, with mostly bullish ratings. The upgrades provide a positive catalyst and suggest analysts see additional upside if growth and profitability continue. Samsara Analysts Boost Their Forecasts After Strong Q2 Earnings
• Neutral Sentiment: Investor reaction has been uneven. Some coverage characterized the earnings beat as insufficient to justify the stock’s valuation, contributing to sharp intraday swings. JPMorgan raised its target to $52 but retained a “neutral” rating. Samsara trades at a very high earnings multiple, leaving the stock sensitive to any slowdown in growth.
• Negative Sentiment: Cash flow and insider selling remain risks. Analysts noted pressure on free-cash-flow margins as Samsara invests in AI and expansion. Separately, reported insider activity showed substantial selling and no open-market purchases over the past six months, which may weigh on sentiment. Samsara Earnings Call Analysis

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.