Samsara (NYSE:IOT) Price Target Raised to $54.00

07 Sep 2026, 01:13 by Teresa Graham · The Cerbat Gem

Samsara (NYSE:IOT – Free Report) had its price target raised by BTIG Research from $45.00 to $54.00 in a report issued on Friday morning, Marketbeat Ratings reports. The firm currently has a buy rating on the stock.

A number of other brokerages have also commented on IOT. Jefferies Financial Group upgraded shares of Samsara to a “buy” rating in a report on Thursday, June 11th. Wells Fargo & Company upped their target price on shares of Samsara from $50.00 to $58.00 and gave the stock an “overweight” rating in a research note on Friday. Guggenheim started coverage on Samsara in a report on Wednesday, July 22nd. They set a “buy” rating and a $45.00 target price for the company. Truist Financial boosted their price target on Samsara from $30.00 to $38.00 and gave the company a “hold” rating in a report on Wednesday, August 19th. Finally, KeyCorp upped their price objective on Samsara from $41.00 to $46.00 and gave the stock an “overweight” rating in a research report on Monday, August 24th. Fifteen equities research analysts have rated the stock with a Buy rating and six have given a Hold rating to the stock. According to data from MarketBeat, the stock presently has a consensus rating of “Moderate Buy” and an average target price of $52.44.

Check Out Our Latest Stock Report on Samsara

Samsara Price Performance

NYSE:IOT opened at $40.09 on Friday. Samsara has a fifty-two week low of $23.38 and a fifty-two week high of $47.47. The stock has a market capitalization of $23.36 billion, a PE ratio of 250.56, a price-to-earnings-growth ratio of 9.03 and a beta of 1.35. The business’s 50-day simple moving average is $37.77 and its 200-day simple moving average is $33.26.

Samsara (NYSE:IOT – Get Free Report) last posted its earnings results on Thursday, September 3rd. The company reported $0.20 earnings per share (EPS) for the quarter, topping analysts’ consensus estimates of $0.16 by $0.04. The business had revenue of $508.44 million during the quarter, compared to analysts’ expectations of $483.29 million. Samsara had a return on equity of 4.27% and a net margin of 4.90%.Samsara’s revenue for the quarter was up 29.9% compared to the same quarter last year. During the same period in the prior year, the business 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 expect that Samsara will post 0.15 earnings per share for the current year.

Insider Buying and Selling at Samsara

In other news, CEO Sanjit Biswas sold 35,366 shares of the company’s stock in a transaction dated Thursday, August 20th. The shares were sold at an average price of $39.43, for a total value of $1,394,481.38. Following the sale, the chief executive officer directly owned 935,671 shares of the company’s stock, valued at approximately $36,893,507.53. This represents a 3.64% decrease in their position. The sale was disclosed in a document filed with the Securities & Exchange Commission, which can be accessed through the SEC website. The transaction was executed under a pre-arranged Rule 10b5-1 trading plan. Also, insider John Bicket sold 34,557 shares of the firm’s stock in a transaction dated 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 owned 1,134,795 shares of the company’s stock, valued at $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 sold a total of 3,890,796 shares of company stock worth $139,193,129 over the last quarter. 35.13% of the stock is currently owned by insiders.

Institutional Inflows and Outflows

Institutional investors have recently made changes to their positions in the business. California State Teachers Retirement System increased its holdings in shares of Samsara by 3,119.1% in the second quarter. California State Teachers Retirement System now owns 15,704,422 shares of the company’s stock valued at $484,256,000 after purchasing an additional 15,216,568 shares during the last quarter. Goldman Sachs Group Inc. lifted its stake in shares of Samsara by 58.9% during the 4th quarter. Goldman Sachs Group Inc. now owns 11,878,112 shares of the company’s stock worth $421,079,000 after buying an additional 4,401,082 shares during the last quarter. Norges Bank bought a new stake in shares of Samsara during the 4th quarter worth about $127,415,000. Brown Advisory Inc. grew its stake in Samsara by 42.1% in the 4th quarter. Brown Advisory Inc. now owns 11,213,972 shares of the company’s stock valued at $397,536,000 after buying an additional 3,322,023 shares during the last quarter. Finally, Wellington Management Group LLP grew its stake in Samsara by 97.1% in the 4th quarter. Wellington Management Group LLP now owns 6,269,398 shares of the company’s stock valued at $222,250,000 after buying an additional 3,088,299 shares during the last quarter. 96.02% of the stock is owned by institutional investors and hedge funds.

Samsara News Roundup

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

(Get Free Report)

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.