Samsara Inc. (IOT)

NYSE: IOT · Real-Time Price · USD
52.63
+0.40 (0.77%)
Nov 20, 2024, 4:00 PM EST - Market closed
0.77%
Market Cap 29.28B
Revenue (ttm) 1.09B
Net Income (ttm) -264.80M
Shares Out 556.36M
EPS (ttm) -0.48
PE Ratio n/a
Forward PE 249.79
Dividend n/a
Ex-Dividend Date n/a
Volume 2,052,999
Open 52.65
Previous Close 52.23
Day's Range 51.24 - 53.17
52-Week Range 26.13 - 53.98
Beta 1.52
Analysts Buy
Price Target 46.14 (-12.33%)
Earnings Date Dec 5, 2024

About IOT

Samsara Inc. provides solutions that connects physical operations data to its connected operations cloud in the United States and internationally. The company’s Connected Operations Cloud includes Data Platform, which ingests, aggregates, and enriches data from its IoT devices and has embedded capabilities for AI, workflows and analytics, alerts, API connections, and data security and privacy. Its applications include video-based safety that enables customers to build a safety program and protect their teams with AI-enabled video; vehicle telem... [Read more]

Sector Technology
IPO Date Dec 15, 2021
Employees 2,895
Stock Exchange NYSE
Ticker Symbol IOT
Full Company Profile

Financial Performance

In 2023, Samsara's revenue was $937.39 million, an increase of 43.65% compared to the previous year's $652.55 million. Losses were -$286.73 million, 15.9% more than in 2022.

Financial Statements

Analyst Forecast

According to 14 analysts, the average rating for IOT stock is "Buy." The 12-month stock price forecast is $46.14, which is a decrease of -12.33% from the latest price.

Price Target
$46.14
(-12.33% downside)
Analyst Consensus: Buy
Stock Forecasts

News

Samsara Unveils Latest Product Innovations and Strategic Partnership at Go Beyond ‘24

LONDON--(BUSINESS WIRE)--Samsara unveils its latest product innovations at its Go Beyond conference.

8 days ago - Business Wire

Samsara to Announce Third Quarter Fiscal Year 2025 Financial Results on December 5, 2024

SAN FRANCISCO--(BUSINESS WIRE)--Samsara Inc. ("Samsara") (NYSE: IOT), the pioneer of the Connected Operations® Cloud, today announced that it will release its financial results for the third quarter o...

16 days ago - Business Wire

Carahsoft Named Samsara's 2024 Rookie of the Year for Exceptional Partnership Contributions

RESTON, Va., Oct. 29, 2024 (GLOBE NEWSWIRE) -- Carahsoft Technology Corp., The Trusted Government IT Solutions Provider®, today announced that it has been named the 2024 Rookie of the Year by Samsara ...

22 days ago - GlobeNewsWire

Samsara's AI-Powered Drowsiness Detection Now Generally Available to Customers Globally

SAN FRANCISCO--(BUSINESS WIRE)--Samsara Inc. ("Samsara") (NYSE: IOT), the pioneer of the Connected Operations® Cloud, today launched its Drowsiness Detection feature into general availability for cust...

4 weeks ago - Business Wire

Samsara: The Best SaaS Stock I Own

Samsara, a debt-free company, is rapidly growing and expanding profitability, with revenues surpassing $1 billion and maintaining a growth rate over 30%. Despite appearing expensive at 170x forward no...

4 weeks ago - Seeking Alpha

Otto Car Reports a Cut in CO2 Emissions of 50,000 Tonnes Using Samsara

LONDON--(BUSINESS WIRE)--Samsara helps Otto Car to track its air quality efforts and prove a reduction of 50k tonnes of CO2 emissions in 12 months.

4 weeks ago - Business Wire

Final Trades: Nvidia, Health Care Select Sector SPDR and Samsara

The Investment Committee give you their top stocks to watch.

Other symbols: NVDAXLV
5 weeks ago - CNBC Television

Samsara and Esri Launch New Integration to Transform Public Sector Fleet Operations

SAN FRANCISCO--(BUSINESS WIRE)--Samsara Inc. ("Samsara") (NYSE: IOT), the pioneer of the Connected Operations® Cloud, today announced a new integration with Esri to enhance fleet management and real-t...

7 weeks ago - Business Wire

Samsara Honored by FORTUNE in 2024 Change the World List

SAN FRANCISCO--(BUSINESS WIRE)--Samsara Inc. ("Samsara") (NYSE: IOT), the pioneer of the Connected Operations® Cloud, today announced its inclusion in FORTUNE's 2024 Change the World list, which spotl...

2 months ago - Business Wire

Final Trades: Samsara, Constellation Energy, Aptiv and the INDY

The Investment Committee give you their top stocks to watch for the second half.

Other symbols: APTVCEGINDY
2 months ago - CNBC Television

Samsara's Impressive Q2 Performance: Growth Highlights And Valuation Risk

Samsara's Q2 FY2025 results showed strong growth, with a 36% YoY increase in annual recurring revenue, but shares now trade at high valuation multiples. Despite the impressive growth, high volatility ...

2 months ago - Seeking Alpha

Final Trade: NEE, GLD, XLU & IOT

The final trades of the day with the Fast Money traders.

Other symbols: GLDNEEXLU
2 months ago - CNBC Television

Samsara CEO Sanjit Biswas on strong growth in Europe

Samsara CEO Sanjit Biswas joins ‘Closing Bell Overtime' to discuss their latest quarterly earnings, growth in Europe and other regions, and more.

2 months ago - CNBC Television

These Analysts Raise Their Forecasts On Samsara After Strong Q2 Results

Samsara Inc. IOT reported better-than-expected second-quarter financial results and raised its FY25 guidance on Thursday.

2 months ago - Benzinga

Samsara Inc. (IOT) Q2 2025 Earnings Call Transcript

Samsara Inc. (NYSE:IOT) Q2 2025 Earnings Conference Call September 5, 2024 5:00 PM ET Company Participants Mike Chang - Vice President, Corporate Development and Investor Relations Sanjit Biswas - Ch...

2 months ago - Seeking Alpha

Samsara Reports Second Quarter Fiscal Year 2025 Financial Results

SAN FRANCISCO--(BUSINESS WIRE)--Samsara Inc. (NYSE: IOT), the pioneer of the Connected Operations® Cloud, reported financial results for the second quarter ended August 3, 2024, and released a shareho...

2 months ago - Business Wire

Samsara Vision Promotes Jason Herod to Chief Commercial Officer

FAR HILLS, N.J.--(BUSINESS WIRE)-- #AMD--Samsara Vision announces that Jason Herod is promoted to Chief Commercial Officer, effective August 15, 2024.

2 months ago - Business Wire

The Committee's Comeback Kids: Trade Desk, Sweetgreen, Natera, Samsara, PayPal and Leidos

The Investment Committee discuss their comeback stocks following the August 5th lows.

Other symbols: LDOSPYPLSGTTDNTRA
2 months ago - CNBC Television

Lanes Group Boosts Driver Engagement and Improves Safety Scores by 72% in Eight Months with Samsara

LONDON--(BUSINESS WIRE)---- $IOT #samsara--Samsara's Connected Operations Cloud enabled the Lanes Group to pinpoint on-road risks and empower drivers to form safer habits.

2 months ago - Business Wire

Samsara Eco and NILIT Team up to Build World-First Nylon 6,6 Recycling Facility

CANBERRA, Australia & AMSTERDAM--(BUSINESS WIRE)-- #EnzymaticRecycling--NILIT and Samsara Eco envision the world's first nylon 6,6 textile-to-textile recycled polymer production facility in Southeast ...

3 months ago - Business Wire

Samsara: Robust Top-Line Growth Shows Us A Potentially Bullish Scenario

Lyn Alden's research on Samsara highlights continued top-line growth via expanding revenue. Our methodology provides us with a probabilistic viewpoint on market movements, utilizing repeating fractal ...

3 months ago - Seeking Alpha

Samsara Welcomes Meagen Eisenberg as Chief Marketing Officer

SAN FRANCISCO--(BUSINESS WIRE)--Samsara Inc. ("Samsara") (NYSE: IOT), the pioneer of the Connected Operations™ Cloud, today announced it has named Meagen Eisenberg as Chief Marketing Officer. Eisenber...

3 months ago - Business Wire

Samsara: Leading The Charge In IOT Solutions - A Buy Ahead Of Earnings

New enterprise grade asset tag product offers visibility into valuable assets and integrates seamlessly with Samsara's cloud platform. Samsara offers complex solutions for organizations with a single,...

3 months ago - Seeking Alpha

Samsara Announces Appointment of Alyssa Henry to Board of Directors

SAN FRANCISCO--(BUSINESS WIRE)--Samsara Inc. ("Samsara") (NYSE: IOT), the pioneer of the Connected Operations™ Cloud, today announced the appointment of Alyssa Henry to its Board of Directors. Henry j...

3 months ago - Business Wire

Samsara to Announce Second Quarter Fiscal Year 2025 Financial Results on September 5, 2024

SAN FRANCISCO--(BUSINESS WIRE)--Samsara Inc. ("Samsara") (NYSE: IOT), the pioneer of the Connected Operations™ Cloud, today announced that it will release its financial results for the second quarter ...

3 months ago - Business Wire