Samsara
About: Samsara Inc provides an end-to-end solution for operations: The solution connects physical operations data to the Connected Operations Cloud, which consists of the Data Platform and Application. Geographically, it derives a majority of its revenue from the United States.
Employees: 2,895
0
Funds holding %
of 6,823 funds
0
Analysts bullish %
of 8 analysts
Fund manager confidence
Based on 2024 Q3 regulatory filings by fund managers ($100M+ AUM)
117% more first-time investments, than exits
New positions opened: 102 | Existing positions closed: 47
117% more funds holding in top 10
Funds holding in top 10: 6 [Q2] → 13 (+7) [Q3]
55% more call options, than puts
Call options by funds: $245M | Put options by funds: $158M
54% more repeat investments, than reductions
Existing positions increased: 143 | Existing positions reduced: 93
45% more capital invested
Capital invested by funds: $7.43B [Q2] → $10.8B (+$3.36B) [Q3]
16% more funds holding
Funds holding: 326 [Q2] → 377 (+51) [Q3]
0.9% less ownership
Funds ownership: 101.05% [Q2] → 100.15% (-0.9%) [Q3]
Research analyst outlook
8 Wall Street Analysts provided 1 year price targets over the past 3 months
Low target
$44
6%
downside
Avg. target
$54
15%
upside
High target
$64
37%
upside
8 analyst ratings
3 positive
38%
5 neutral
63%
0 negative
0%
BMO Capital Daniel Jester 74% 1-year accuracy 20 / 27 met price target | 22%upside $57 | Market Perform Maintained | 6 Dec 2024 |
RBC Capital Matthew Hedberg 68% 1-year accuracy 147 / 216 met price target | 37%upside $64 | Outperform Reiterated | 6 Dec 2024 |
JP Morgan Alexei Gogolev 54% 1-year accuracy 15 / 28 met price target | 6%downside $44 | Neutral Maintained | 6 Dec 2024 |
Wells Fargo Michael Turrin 55% 1-year accuracy 48 / 87 met price target | 17%upside $55 | Overweight Maintained | 6 Dec 2024 |
Piper Sandler James Fish 52% 1-year accuracy 12 / 23 met price target | 7%upside $50 | Neutral Maintained | 6 Dec 2024 |
Financial journalist opinion
Based on 7 articles about IOT published over the past 30 days
Positive
Zacks Investment Research
5 days ago
Buy 5 Robotics Stocks With Solid Price Upside
Five robotics stocks have strong earnings and revenue growth potential for 2025. These are: TDY, ADSK PATH, QCOM, IOT.
Neutral
Business Wire
1 week ago
Samsara Vision Announces Positive Six-Month Visual and Safety Outcomes from the SING IMT® (Smaller-Incision New-Generation Implantable Miniature Telescope)
FAR HILLS, N.J.--(BUSINESS WIRE)-- #AMD--Samsara Vision Announces Positive 6-Mo Visual & Safety Outcomes from the SING IMT® (Smaller-Incision New-Generation Implantable Miniature Telescope).
Positive
Zacks Investment Research
3 weeks ago
Samsara Up 53% in the Past 6 Months: Is the Stock Still a Screaming Buy?
IOT benefits from strong customer growth, key partnerships and AI-driven solutions, fueling its expansion across key industries.
Neutral
Seeking Alpha
3 weeks ago
PowerFleet: An Affordable Samsara Competitor
PowerFleet: An Affordable Samsara Competitor
Neutral
Schaeffers Research
3 weeks ago
8 Trading Lessons to Take From Our 2024 Stock Picks
Subscribers to Chart of the Week received this commentary on Sunday, December 8.
Positive
Seeking Alpha
3 weeks ago
Samsara: An Expensive Bet On An IoT Future
Samsara's strong Q3 2024 results show 36% YoY revenue growth and a 35% increase in ARR, indicating robust subscription-based business performance. The company's high Net Revenue Retention rates and expanding customer base highlight the value and stickiness of its IoT solutions. Valuation remains a concern; while optimistic scenarios suggest a share price of $52, maintaining 35% growth is challenging, making the stock somewhat expensive.
Positive
Seeking Alpha
3 weeks ago
Samsara: Though Expensive, You Get What You Pay For
Samsara Inc. is a leading IoT software provider, excelling in asset-heavy industries like transportation and logistics with its cloud-based platform for connected operations. Despite a recent 20% stock pullback due to Q4 guidance disappointment, Samsara's strong fundamentals and 30%+ revenue growth make it an attractive investment. The company boasts impressive profitability, with a 10%+ FCF margin and a growing enterprise customer base, driving higher retention and spending.
Positive
Zacks Investment Research
1 month ago
Down -22.25% in 4 Weeks, Here's Why Samsara Inc. (IOT) Looks Ripe for a Turnaround
Samsara Inc. (IOT) has become technically an oversold stock now, which implies exhaustion of the heavy selling pressure on it. This, combined with strong agreement among Wall Street analysts in revising earnings estimates higher, indicates a potential trend reversal for the stock in the near term.
Positive
Zacks Investment Research
1 month ago
Samsara Inc. (IOT) Upgraded to Buy: What Does It Mean for the Stock?
Samsara Inc. (IOT) has been upgraded to a Zacks Rank #2 (Buy), reflecting growing optimism about the company's earnings prospects. This might drive the stock higher in the near term.
Positive
Zacks Investment Research
1 month ago
Is Samsara Inc. (IOT) Stock Outpacing Its Computer and Technology Peers This Year?
Here is how Samsara Inc. (IOT) and Blend Labs (BLND) have performed compared to their sector so far this year.
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