Samsara (NYSE:IOT) Lowered to Hold Rating by Zacks Research

Zacks Research downgraded shares of Samsara (NYSE:IOT) from a strong-buy rating to a hold rating in a research report report published on Monday,Zacks.com reports.

IOT has been the subject of several other reports. Jefferies Financial Group set a $57.00 price objective on shares of Samsara in a research report on Wednesday, December 10th. KeyCorp started coverage on Samsara in a research note on Tuesday, December 9th. They issued an “overweight” rating and a $55.00 price target on the stock. Wells Fargo & Company upped their price objective on Samsara from $50.00 to $52.00 and gave the stock an “overweight” rating in a research report on Friday, December 5th. BNP Paribas Exane upgraded Samsara from a “neutral” rating to an “outperform” rating and set a $40.00 price objective on the stock in a report on Thursday, January 15th. Finally, JPMorgan Chase & Co. raised their target price on Samsara from $46.00 to $48.00 and gave the stock a “neutral” rating in a research report on Friday, December 5th. Two equities research analysts have rated the stock with a Strong Buy rating, ten have given a Buy rating, five have assigned a Hold rating and one has assigned a Sell rating to the stock. According to MarketBeat, the company presently has an average rating of “Moderate Buy” and an average target price of $50.13.

Samsara Stock Performance

Shares of IOT opened at $24.61 on Monday. The company’s 50-day simple moving average is $35.87 and its 200-day simple moving average is $36.93. Samsara has a 1 year low of $23.71 and a 1 year high of $61.90. The stock has a market capitalization of $14.20 billion, a PE ratio of -307.60 and a beta of 1.61.

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

Insider Buying and Selling

In other Samsara news, insider Sanjit Biswas sold 263,900 shares of the business’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 directly owned 89,400 shares of the company’s stock, valued at approximately $3,075,360. The trade was a 74.70% decrease in their position. The sale was disclosed in a filing with the SEC, which can be accessed through the SEC website. Also, insider John Bicket sold 263,900 shares of the firm’s stock in a transaction on Tuesday, January 6th. The stock was sold at an average price of $34.40, for a total transaction of $9,078,160.00. Following the completion of the sale, the insider owned 89,400 shares of the company’s stock, valued at $3,075,360. This trade represents a 74.70% decrease in their position. The disclosure for this sale is available in the SEC filing. In the last three months, insiders sold 2,526,211 shares of company stock worth $90,443,417. Corporate insiders own 46.49% of the company’s stock.

Institutional Inflows and Outflows

A number of institutional investors and hedge funds have recently made changes to their positions in the company. Baillie Gifford & Co. boosted its holdings in Samsara by 15.0% in the 4th quarter. Baillie Gifford & Co. now owns 47,660,513 shares of the company’s stock valued at $1,689,565,000 after purchasing an additional 6,208,553 shares in the last quarter. Vanguard Group Inc. raised its stake in shares of Samsara by 11.5% during the 4th quarter. Vanguard Group Inc. now owns 33,134,549 shares of the company’s stock worth $1,174,620,000 after buying an additional 3,417,849 shares in the last quarter. Sands Capital Management LLC lifted its holdings in shares of Samsara by 6.4% in the 3rd quarter. Sands Capital Management LLC now owns 20,518,332 shares of the company’s stock valued at $764,308,000 after buying an additional 1,242,122 shares during the period. State Street Corp boosted its stake in shares of Samsara by 107.8% in the second quarter. State Street Corp now owns 5,611,956 shares of the company’s stock valued at $223,244,000 after buying an additional 2,910,916 shares in the last quarter. Finally, Geode Capital Management LLC grew its holdings in Samsara by 65.6% during the second quarter. Geode Capital Management LLC now owns 4,877,254 shares of the company’s stock worth $193,387,000 after acquiring an additional 1,931,870 shares during the period. 96.02% of the stock is currently owned by institutional investors and hedge funds.

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.