Truist Securities Reiterates Hold Rating on Samsara Inc (IOT)
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Rating Summary:
18 Buy, 6 Hold, 0 Sell
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Truist Securities analyst Junaid Siddiqui reiterated a Hold rating and $30.00 price target on Samsara Inc (NYSE: IOT).
The analyst commented: "IOT delivered strong 4Q26 results above the high end of guidance and consensus across all metrics. The company continues to experience strong demand across its largest customer cohorts and is showing encouraging results across its frontier opportunities. Further, we came away more encouraged by management commentary on the strength of their propietary dataset and its potential to deploy AI products. Overall, we continue to be encouraged by Samsara's progress amongst large customers and future growth opportunities. We reiterate our Hold rating and $30 PT."
For an analyst ratings summary and ratings history on Samsara Inc click here. For more ratings news on Samsara Inc click here.
Shares of Samsara Inc closed at $29.58 yesterday.
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