Samsara (NYSE:IOT) Price Target Cut to $40.00 by Analysts at BMO Capital Markets

Samsara (NYSE:IOT) had its target price decreased by investment analysts at BMO Capital Markets from $50.00 to $40.00 in a research note issued on Wednesday. The brokerage currently has an “outperform” rating on the stock. BMO Capital Markets’ price objective points to a potential upside of 53.02% from the stock’s previous close.

Several other analysts have also issued reports on the stock. Royal Bank Of Canada set a $35.00 price target on shares of Samsara in a research report on Wednesday, February 11th. Jefferies Financial Group set a $57.00 target price on Samsara in a research note on Wednesday, December 10th. Truist Financial dropped their target price on Samsara from $39.00 to $30.00 and set a “hold” rating for the company in a report on Tuesday, February 17th. The Goldman Sachs Group assumed coverage on Samsara in a research note on Wednesday, February 11th. They issued a “buy” rating and a $36.00 price target on the stock. Finally, TD Cowen reiterated a “buy” rating on shares of Samsara in a research report on Friday, December 5th. Two analysts have rated the stock with a Strong Buy rating, ten have assigned a Buy rating, five have given a Hold rating and one has given a Sell rating to the company. According to data from MarketBeat.com, the stock has a consensus rating of “Moderate Buy” and a consensus price target of $46.06.

Samsara Trading Up 5.7%

Shares of IOT opened at $26.14 on Wednesday. The company has a market cap of $15.08 billion, a PE ratio of -326.76 and a beta of 1.61. The stock has a 50-day moving average price of $31.61 and a 200-day moving average price of $35.76. Samsara has a 12-month low of $23.38 and a 12-month high of $51.01.

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

Insider Transactions at Samsara

In other news, CAO Benjamin Louis Kirchhoff sold 1,731 shares of the company’s stock in a transaction dated Tuesday, February 17th. The shares were sold at an average price of $26.64, for a total value of $46,113.84. Following the sale, the chief accounting officer directly owned 121,913 shares of the company’s stock, valued at $3,247,762.32. This represents a 1.40% decrease in their position. The transaction was disclosed in a filing with the Securities & Exchange Commission, which is available through the SEC website. Also, insider Adam Eltoukhy sold 4,688 shares of the company’s stock in a transaction dated Friday, February 20th. The stock was sold at an average price of $26.79, for a total transaction of $125,591.52. Following the completion of the sale, the insider owned 246,675 shares in the company, valued at approximately $6,608,423.25. This trade represents a 1.87% decrease in their position. The SEC filing for this sale provides additional information. Over the last ninety days, insiders have sold 3,253,463 shares of company stock valued at $105,384,810. Company insiders own 46.49% of the company’s stock.

Institutional Inflows and Outflows

Several hedge funds have recently modified their holdings of IOT. Pinegrove Venture Partners LLC increased its holdings in Samsara by 46.0% during the third quarter. Pinegrove Venture Partners LLC now owns 556,582 shares of the company’s stock valued at $20,733,000 after buying an additional 175,411 shares during the last quarter. Lazard Freres Gestion S.A.S. purchased a new position in shares of Samsara during the 3rd quarter worth $2,235,000. Bessemer Group Inc. grew its position in shares of Samsara by 19.8% during the 3rd quarter. Bessemer Group Inc. now owns 1,728,322 shares of the company’s stock valued at $64,379,000 after acquiring an additional 286,193 shares during the period. LBP AM SA increased its stake in shares of Samsara by 13.9% in the 3rd quarter. LBP AM SA now owns 313,987 shares of the company’s stock worth $11,696,000 after purchasing an additional 38,235 shares in the last quarter. Finally, JPMorgan Chase & Co. increased its stake in shares of Samsara by 28.9% in the 2nd quarter. JPMorgan Chase & Co. now owns 1,380,514 shares of the company’s stock worth $54,917,000 after purchasing an additional 309,920 shares in the last quarter. Hedge funds and other institutional investors own 96.02% of the company’s stock.

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.