Samsara Inc. (IOT)

NYSE: IOT · IEX Real-Time Price · USD
35.47
+0.62 (1.78%)
At close: Jul 2, 2024, 4:00 PM
35.30
-0.17 (-0.48%)
After-hours: Jul 2, 2024, 7:46 PM EDT
1.78%
Market Cap 19.54B
Revenue (ttm) 1.01B
Net Income (ttm) -275.16M
Shares Out 550.81M
EPS (ttm) -0.50
PE Ratio n/a
Forward PE 319.58
Dividend n/a
Ex-Dividend Date n/a
Volume 4,185,020
Open 34.85
Previous Close 34.85
Day's Range 34.85 - 35.93
52-Week Range 21.48 - 42.28
Beta 1.51
Analysts Buy
Price Target 39.00 (+9.95%)
Earnings Date Jun 6, 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 $39.0, which is an increase of 9.95% from the latest price.

Price Target
$39.0
(9.95% upside)
Analyst Consensus: Buy
Stock Forecasts

News

Samsara Unveils New Solutions at Beyond ‘24 to Transform Physical Operations with Data, Insights, and Action

CHICAGO--(BUSINESS WIRE)-- #SamsaraBeyond--Today, at its Beyond conference, Samsara Inc. ("Samsara") (NYSE: IOT), announced new products and solutions built to empower the physical operations leaders ...

5 days ago - Business Wire

Samsara Launches Enterprise-Grade Asset Tag to Provide Increased Visibility for Physical Operations

CHICAGO--(BUSINESS WIRE)-- #SamsaraBeyond--Today, at its Beyond conference, Samsara Inc. ("Samsara") (NYSE: IOT) announced the industry's first enterprise-grade Asset Tag designed to meet customer dem...

5 days ago - Business Wire

Wealth.com Launches New Family Office Suite™, Strengthens Legal Team With Addition of David Haughton, JD, CPWA®

PHOENIX--(BUSINESS WIRE)-- #EstatePlanning--Wealth.com, the industry's leading estate planning platform, today unveils its latest innovation: Family Office Suite™, a cutting-edge collection of estate ...

Other symbols: RMNI
11 days ago - Business Wire

Calls of the Day: Samsara, TransDigm, Skyworks Solutions, Warner Bros., GXO Logistics and Honeywell

The Investment Committee discuss the latest Calls Of The Day.

Other symbols: GXOHONSWKSTDGWBD
12 days ago - CNBC Television

Samsara stock: BofA initiates coverage with a Buy rating and $37 target

In a notable move, Bank of America (BofA) initiated coverage on Samsara Inc (NYSE: IOT), assigning the company a Buy rating with a price target of $37. This comes as Samsara continues to carve out a n...

12 days ago - Invezz

Samsara Announces 2024 Connected Operations Award Winners

SAN FRANCISCO--(BUSINESS WIRE)--Samsara Inc. ("Samsara") (NYSE: IOT), the pioneer of the Connected Operations™ Cloud, today announced the winners of its 2024 Connected Operations Awards. This year's h...

14 days ago - Business Wire

Samsara to Host Investor Day on June 27th, 2024

SAN FRANCISCO--(BUSINESS WIRE)--Samsara Inc. ("Samsara") (NYSE: IOT), the pioneer of the Connected Operations™ Cloud, today announced that it will host its Investor Day on June 27th, 2024 from 12:30 -...

21 days ago - Business Wire

New Samsara Research Indicates the AI Revolution Has Arrived in Physical Operations, and Industry Leaders Are Already Reaping the Benefits

SAN FRANCISCO--(BUSINESS WIRE)--Samsara Inc. ("Samsara") (NYSE: IOT), the pioneer of the Connected Operations™ Cloud, today announced its latest State of Connected Operations Report — Smarter, Faster,...

21 days ago - Business Wire

Samsara CEO Sanjit Biswas talks quarterly report and his reaction to the stock dropping

Sanjit Biswas, Samsara CEO, joins 'Closing Bell Overtime' to talk quarterly results and the stocks reaction.

25 days ago - CNBC Television

Samsara Stock Tumbles After a Beat-And-Raise Quarter. Here's Why

Samsara stock is trading lower Friday even after the cloud company disclosed higher-than-expected earnings and raised its full-year outlook.

25 days ago - Kiplinger

What's going on with Samsara stock after Q1 earnings?

Samsara Inc. (NYSE: IOT) shares are trading 14% lower at $30.04 after the company reported its first-quarter FY25 results. Despite delivering solid financial performance and exceeding Wall Street expe...

25 days ago - Invezz

Samsara Stock Drops Despite Earnings Beat, Guidance Boost

Samsara (IOT) shares dropped more than 6% in extended trading on Thursday even as the fleet-management software provider reported quarterly results that topped analysts' expectations and lifted its fu...

26 days ago - Investopedia

Samsara Earnings Top Estimates. There's Big Money Tracking Trucks and Tractors.

The company's CEO sees a huge remaining opportunity as many commercial vehicles have no data connection at all.

26 days ago - Barrons

Samsara Reports First 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 first quarter ended May 4, 2024, and released a shareholder ...

26 days ago - Business Wire

Blackline Safety Named One of the Americas' Fastest-Growing Companies by Financial Times

CALGARY, Canada--(BUSINESS WIRE)--Blackline Safety Corp. (TSX: BLN), a global leader in connected safety technology, has been listed as one of The Americas' Fastest-Growing Companies 2024, ranking as ...

Other symbols: KHC
5 weeks ago - Business Wire

Samsara Announces 2024 Impact Report, New Initiatives to Reduce Carbon Footprint

SAN FRANCISCO--(BUSINESS WIRE)--Samsara Inc. ("Samsara") (NYSE: IOT), the pioneer of the Connected Operations™ Cloud, today unveiled its 2024 Impact Report alongside new initiatives aimed at significa...

5 weeks ago - Business Wire

Samsara to Announce First Quarter Fiscal Year 2025 Financial Results on June 6, 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 first quarter o...

2 months ago - Business Wire

Final Trades: Samsara, Prologis and the XLE

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

Other symbols: PLDXLE
2 months ago - CNBC Television

JJX Logistics Reduces Fleet Emissions by 17% and Achieves Industry Safety Accreditation with Samsara

LONDON--(BUSINESS WIRE)--International haulage company JJX Logistics has improved the safety and sustainability of its fleet operations by implementing advanced AI solutions from Samsara, the pioneer ...

2 months ago - Business Wire

If Nvidia Stock Slips, These 15 Tech Stocks May Be Good Hedges

Should shares of artificial-intelligence bellwether Nvidia slip, researchers suggest First Solar and Check Point Software as offering diversification with exposure to growth.

2 months ago - Barrons

Final Trades: Samsara, Delta Air Lines and VGSH

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

Other symbols: DALVGSH
2 months ago - CNBC Television

UNFI Chooses Samsara to Accelerate Progress in Fleet Safety and Sustainability

SAN FRANCISCO--(BUSINESS WIRE)--Samsara Inc. ("Samsara") (NYSE: IOT), the pioneer of the Connected Operations™ Cloud, today announced United Natural Foods, Inc. (NYSE: UNFI), the largest full-service ...

Other symbols: UNFI
2 months ago - Business Wire

MapUp Announces New Integration with Samsara to Enable Real-Time Toll Billing

Integration Offers GPS-Based, Real-Time Toll Billing to Samsara Customers SAN FRANCISCO , April 18, 2024 /PRNewswire/ -- MapUp, a provider of software-defined tolling solutions, today unveiled TollTal...

2 months ago - PRNewsWire

Samsara Celebrates 2024 Great Place To Work Certifications Across the United States, United Kingdom, and Poland

SAN FRANCISCO--(BUSINESS WIRE)--Samsara Inc. ("Samsara") (NYSE: IOT), the pioneer of the Connected Operations™ Cloud, proudly announces it is Certified™ by Great Place To Work® in the United States, U...

2 months ago - Business Wire

Samsara Opens New Office in Mexico City to Support Growing Customer and Employee Base

MEXICO CITY--(BUSINESS WIRE)--Samsara Inc. ("Samsara") (NYSE: IOT), the pioneer of the Connected Operations™ Cloud, today announced the opening of its new office in Mexico City. Samsara first entered ...

2 months ago - Business Wire