Samsara Inc (IOT) Tops Q2 EPS by 4c, provides guidance

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Samsara Inc (IOT) PT Raised to $49 at RBC Capital

September 6, 2024 6:20 AM EDT

RBC Capital analyst Matthew Hedberg raised the price target on Samsara Inc (NYSE: IOT) to $49.00 (from $47.00) while maintaining a Outperform rating.

The analyst comments "Samsara reported another quarter of consistently strong results with a beat and raise as revenue impressively hasn't decelerated for a... More

Samsara Inc (IOT) PT Raised to $47 at BofA Securities

September 6, 2024 6:11 AM EDT

BofA Securities analyst Matt Bulllock raised the price target on Samsara Inc (NYSE: IOT) to $47.00 (from $45.00) while maintaining a Buy rating.

The analyst comments "Leading internet of things (IoT) software provider Samsara delivered impressive 2Q results, beating top and bottom-line expectations and raising... More

Samsara Inc (IOT) PT Raised to $42 at Evercore ISI

September 6, 2024 5:37 AM EDT

Evercore ISI analyst Kirk Materne raised the price target on Samsara Inc (NYSE: IOT) to $42.00 (from $40.00) while maintaining a In Line rating.

The analyst comments "Bottom line: Samsara delivered another impressive quarter outpacing our/Street estimates across the board, with total revenue coming in ~3.9% above the mid-point of the guidance at $300mn (+37%). Importantly, net new ARR came in... More

Samsara Inc (IOT) PT Raised to $45 at Goldman Sachs

September 6, 2024 5:29 AM EDT

Goldman Sachs analyst Kash Rangan raised the price target on Samsara Inc (NYSE: IOT) to $45.00 (from $44.00) while maintaining a Buy rating.

The analyst comments "We reiterate our Buy rating while raising our Price Target to $45 (from $44) following Samsaras F2Q25 earnings. Keeping with prior quarters, Samsara outperformed Consensus (FactSet) on ARR (+1%), Revenue (+4%), Operating... More

Samsara Inc (IOT) PT Raised to $46 at TD Cowen

September 6, 2024 5:20 AM EDT

TD Cowen analyst J. Derrick Wood raised the price target on Samsara Inc (NYSE: IOT) to $46.00 (from $45.00) while maintaining a Buy rating.

The analyst comments "IOT delivered a strong 2Q w/ 37% rev growth (no Q/Q deceleration) above Street at 32%, w/ upside coming... More

Samsara Inc (IOT) PT Raised to $40 at Truist Securities

September 6, 2024 5:08 AM EDT

Truist Securities analyst Junaid Siddiqui raised the price target on Samsara Inc (NYSE: IOT) to $40.00 (from $35.00) while maintaining a Hold rating.

The analyst comments "IOT delivered strong execution in its 2Q25 with upside to our and Street expectations for ARR, its key... More