BMO Capital Markets Raises Samsara (NYSE:IOT) Price Target to $54.00

Samsara (NYSE:IOT) had its price target hoisted by investment analysts at BMO Capital Markets from $44.00 to $54.00 in a research report issued on Friday, Briefing.com reports. The brokerage currently has an “outperform” rating on the stock. BMO Capital Markets’ target price points to a potential upside of 39.39% from the stock’s current price.

A number of other equities analysts have also weighed in on IOT. Guggenheim started coverage on Samsara in a research report on Wednesday, July 22nd. They issued a “buy” rating and a $45.00 target price for the company. Truist Financial lifted their target price on Samsara from $30.00 to $38.00 and gave the company a “hold” rating in a research report on Wednesday, August 19th. Morgan Stanley set a $43.00 price target on shares of Samsara in a research report on Tuesday, July 21st. TD Cowen lifted their target price on Samsara from $45.00 to $48.00 and gave the company a “buy” rating in a research note on Thursday, August 20th. Finally, Wolfe Research reiterated an “outperform” rating on shares of Samsara in a report on Thursday, June 11th. One research analyst has rated the stock with a Strong Buy rating, fourteen have given a Buy rating and six have given a Hold rating to the company’s stock. Based on data from MarketBeat, the company currently has an average rating of “Moderate Buy” and a consensus target price of $48.72.

Samsara Stock Performance

IOT stock opened at $38.74 on Friday. Samsara has a fifty-two week low of $23.38 and a fifty-two week high of $47.47. The company has a market capitalization of $22.57 billion, a price-to-earnings ratio of 387.44, a price-to-earnings-growth ratio of 8.26 and a beta of 1.35. The business’s 50 day moving average price is $37.59 and its two-hundred day moving average price is $33.17.

Samsara (NYSE:IOT) last issued its quarterly earnings results on Thursday, September 3rd. The company reported $0.20 earnings per share (EPS) for the quarter, beating analysts’ consensus estimates of $0.16 by $0.04. The company had revenue of $508.44 million during the quarter, compared to analysts’ expectations of $483.29 million. Samsara had a net margin of 3.32% and a return on equity of 2.00%. Samsara’s revenue was up 29.9% on a year-over-year basis. During the same period last year, the company posted $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. Sell-side analysts forecast that Samsara will post 0.15 earnings per share for the current year.

Insider Activity at Samsara

In other news, insider Adam Eltoukhy sold 6,876 shares of Samsara stock in a transaction that occurred on Tuesday, August 25th. The shares were sold at an average price of $39.82, for a total value of $273,802.32. Following the transaction, the insider owned 425,080 shares of the company’s stock, valued at $16,926,685.60. The trade was a 1.59% decrease in their position. The sale was disclosed in a filing with the Securities & Exchange Commission, which is accessible through 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 business’s stock in a transaction on Thursday, August 20th. The stock was sold at an average price of $39.44, for a total value of $1,362,928.08. Following the transaction, the insider owned 1,134,795 shares in the company, valued at approximately $44,756,314.80. This trade represents a 2.96% decrease in their ownership of the stock. Additional details regarding this sale are available in the official SEC disclosure. The transaction was executed under a pre-arranged Rule 10b5-1 trading plan. Insiders have sold a total of 4,458,623 shares of company stock valued at $158,550,351 over the last quarter. 35.13% of the stock is owned by corporate insiders.

Institutional Investors Weigh In On Samsara

Several hedge funds have recently bought and sold shares of IOT. Lazard Asset Management LLC grew its position in Samsara by 2.0% during the third quarter. Lazard Asset Management LLC now owns 13,971 shares of the company’s stock valued at $520,000 after buying an additional 279 shares during the period. Cim LLC increased its stake in Samsara by 1.0% during the 3rd quarter. Cim LLC now owns 32,700 shares of the company’s stock worth $1,218,000 after buying an additional 326 shares in the last quarter. Empowered Funds LLC raised its stake in Samsara by 3.4% in the 1st quarter. Empowered Funds LLC now owns 10,168 shares of the company’s stock valued at $390,000 after purchasing an additional 335 shares during the last quarter. IFG Advisory LLC raised its position in shares of Samsara by 0.8% in the fourth quarter. IFG Advisory LLC now owns 44,814 shares of the company’s stock valued at $1,589,000 after buying an additional 372 shares during the last quarter. Finally, Summit Financial LLC lifted its stake in Samsara by 1.4% in the 4th quarter. Summit Financial LLC now owns 29,487 shares of the company’s stock worth $1,045,000 after purchasing an additional 419 shares in the last quarter. Hedge funds and other institutional investors own 96.02% of the company’s stock.

More Samsara News

Here are the key news stories impacting Samsara this week:

• Positive Sentiment: Fiscal Q2 revenue rose 29.9% year over year to $508.4 million, exceeding the $483.3 million analyst consensus. Adjusted earnings of $0.20 per share also topped the $0.16 estimate and increased from $0.12 a year earlier. Samsara Reports Second Quarter Fiscal Year 2027 Financial Results
• Positive Sentiment: Samsara crossed $2.1 billion in annual recurring revenue, with ARR growth of 30% for the third consecutive quarter. Enterprise ARR reportedly surged 50%, while the company set a quarterly record for new customers generating more than $1 million in ARR—evidence of increasing adoption among large organizations. Samsara Crosses $2.1 Billion in ARR
• Positive Sentiment: Management raised fiscal 2027 expectations. Full-year revenue is projected at approximately $2.043 billion to $2.047 billion, while full-year earnings guidance of $0.76 to $0.78 per share is well above the prior consensus estimate of $0.60. The company is also targeting a 21% non-GAAP operating margin, signaling improving operating leverage. Samsara Fiscal 2027 Outlook
• Positive Sentiment: Third-quarter revenue guidance of $514 million to $516 million is above the approximately $509.8 million analyst estimate, suggesting management expects growth momentum to continue. Samsara Raises Full-Year Outlook
• Neutral Sentiment: The results support the rally, but Samsara continues to carry a demanding valuation, making the stock sensitive to any slowdown in growth, weaker enterprise demand, or failure to meet its elevated guidance.

Samsara Company Profile

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.