Truist Securities Reiterates Hold Rating on Samsara Inc (IOT), Awaits Better Entry Point

Samsara Inc (IOT) PT Raised to $50 at Wolfe Research

Wolfe Research analyst Alex Zukin raised the price target on Samsara Inc (NYSE: IOT) to $50.00 (from $45.00) while maintaining a Outperform rating.

The analyst comments "Key Takes. After a noisy few quarters, we walked away from this analyst day Beeping with positivity (yes, they launched a beeper). While the demos were cool and the new product launches were interesting, our big takeaway was increased confidence in high-growth durability and management stability (No Snowflakes here!). From a product perspective,... More

Goldman Sachs Reiterates Buy Rating on Samsara Inc (IOT)

Goldman Sachs analyst Kash Rangan reiterated a Buy rating and $46.00 price target on Samsara Inc (NYSE: IOT).

The analyst comments "We reiterate our Buy rating and $46 PT coming out of Beyond 2025 and Analyst Day, which reinforced our conviction in Samsaras ability to deliver attractive compounding top-line growth with meaningful FCFM expansion, well-poised to scale into a multi-billion revenue business over the mid-term. Further, Beyond 2025 solidified Samsara's evolution from a largely vehicle-based solutions provider to an AI-first, multi-product operations platform (e.g., Route Planning,... More

Evercore ISI on Samsara Inc (IOT): 'remains one of the more interesting growth stories in software'

Evercore ISI analyst Kirk Materne reiterated an In Line rating and $45.00 price target on Samsara Inc (NYSE: IOT).

The analyst comments "Yesterday, we attended Samsaras Beyond conference and Investor Day in San Diego, which was highlighted by a slew of product innovation that continues to accelerate. In our view, the sheer number of shots on goal from an innovation standpoint continues to underpin the durability of growth, particularly as the company continues to... More

William Blair Reiterates Outperform Rating on Samsara Inc (IOT)

William Blair analyst Dylan Becker reiterated an Outperform rating on Samsara Inc (NYSE: IOT)

The analyst commented, "On June 24, we attended Samsaras Beyond user conference and fourth annual investor day. Our main takeaways from the conference focused on the substantial opportunity for connected... More

Raymond James Reiterates Market Perform Rating on Samsara Inc (IOT)

Raymond James analyst Alex Sklar reiterated a Market Perform rating on Samsara Inc (NYSE: IOT).

The analyst comments "We attended Samsaras user conference and investor day in San Diego this week with presentations from several members of its senior leadership. We came away most impressed by the... More

Samsara (IOT) Announces New Safety and AI-Powered Technology for Physical Operations

Samsara Inc. ("Samsara") (NYSE: IOT), the pioneer of the Connected Operations® Platform, today unveiled more than a dozen transformative AI-powered solutions for physical operations. Fueled by Samsaras open platform, these first-of-their-kind solutions empower organizations to operate smarter and fundamentally alter the industrys approach to the safety of frontline teams. These new solutions include... More