Samsara Inc. (IOT) reached $30.58 at the closing of the latest trading day, reflecting a -5% change compared to its last close.
Shares of Samsara Inc NYSE: IOT are starting 2026 at a familiar and increasingly important level. The Internet of Things (IoT) tech stock has once again found support around the $32 mark after a steep fall.
Samsara Inc. (IOT) witnesses a hammer chart pattern, indicating support found by the stock after losing some value lately. This coupled with an upward trend in earnings estimate revisions could mean a trend reversal for the stock in the near term.
Industrial Internet of Things (IIoT) platform Samsara Inc (NYSE:IOT) is up 0.4% to trade at $33.60 at last check, but carries a 23% year-over-year deficit.
The consensus price target hints at a 25.7% upside potential for Samsara Inc. (IOT). While empirical research shows that this sought-after metric is hardly effective, an upward trend in earnings estimate revisions could mean that the stock will witness an upside in the near term.
Samsara (IOT) is a Strong Buy, supported by robust ARR growth, expanding margins, and exceptional product stickiness in a massive, underpenetrated TAM. IOT consistently outperforms conservative guidance, with EPS growth expected to outpace revenue at 40%+ CAGR, making forward valuation highly attractive. Elite LTV/CAC ratio above 8 and multi-product adoption drive durable customer retention, supporting compounding EPS and potential multiple expansion.
Samsara Inc. (IOT) shares have started gaining and might continue moving higher in the near term, as indicated by solid earnings estimate revisions.
Samsara earns a reiterated "Buy" rating, driven by robust growth and strong Q3 results, despite recent volatility. IOT posted Q3 revenue of $416 million (+29% YoY), with record enterprise customer additions and net new ARR up 19% YoY. Non-GAAP gross margin improved to 78%, net retention rate held at 115%, and new products fueled 20% of net new annual contract revenue.
Samsara Inc. (IOT) Q3 2026 Earnings Call Transcript
Samsara Inc. (IOT) came out with quarterly earnings of $0.15 per share, beating the Zacks Consensus Estimate of $0.12 per share. This compares to earnings of $0.07 per share a year ago.
Samsara (NYSE: IOT) delivered a milestone quarter after the close on Dec.
Samsara Inc. (IOT) concluded the recent trading session at $36.28, signifying a -1.2% move from its prior day's close.