Samsara Inc. (IOT)

NYSE: IOT · IEX Real-Time Price · USD
30.15
-0.86 (-2.77%)
Apr 19, 2024, 3:59 PM EDT - Market closed
-2.77%
Market Cap 16.60B
Revenue (ttm) 937.39M
Net Income (ttm) -286.73M
Shares Out 550.17M
EPS (ttm) -0.54
PE Ratio n/a
Forward PE 339.59
Dividend n/a
Ex-Dividend Date n/a
Volume 1,880,180
Open 30.75
Previous Close 31.01
Day's Range 29.85 - 31.00
52-Week Range 16.63 - 40.54
Beta 1.56
Analysts Buy
Price Target 38.77 (+28.59%)
Earnings Date May 30, 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 13 analysts, the average rating for IOT stock is "Buy." The 12-month stock price forecast is $38.77, which is an increase of 28.59% from the latest price.

Price Target
$38.77
(28.59% upside)
Analyst Consensus: Buy
Stock Forecasts

News

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.

3 hours 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
1 day 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
1 day 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...

1 day 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...

3 days 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 ...

8 days ago - Business Wire

Final Trades: Freeport-McMoran, Uber, Blackstone and Samsara

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

Other symbols: BXFCXUBER
4 weeks ago - CNBC Television

Samsara Ranks in Top 15 in the UK's Best Workplaces™ 2024

LONDON--(BUSINESS WIRE)--Samsara Inc has officially been named as one of the UK's Best Workplaces™ 2024 by Great Place To Work®.

4 weeks ago - Business Wire

Samsara CEO talks growth prospects after stock hits 52-week high

Sanjit Biswas, Samsara CEO, joins 'Closing Bell Overtime' to talk customer growth, Q4 earnings, AI, and more.

5 weeks ago - CNBC Television

Samsara Stock Surges After Q4 Earnings Beat and Rosy Guidance—Key Level to Watch

Fleet and equipment tracking software maker Samsara (IOT) delivered better-than-expected quarterly results and provided impressive current-quarter and full-year guidance that surpassed Wall Street's e...

6 weeks ago - Investopedia

Samsara Elevates Data Security and Privacy Standards with New Certification Achievements

SAN FRANCISCO--(BUSINESS WIRE)--Samsara Inc. ("Samsara") (NYSE: IOT), the pioneer of the Connected Operations™ Cloud, today announced new enhancements that strengthen its commitment to data security a...

6 weeks ago - Business Wire

Samsara's Earnings and Outlook Top Estimates

The software firm had a particularly strong quarter with larger customers, its CEO said.

6 weeks ago - Barrons

USIC Selects Samsara to Digitize Operations as U.S. Infrastructure Investments Grow

SAN FRANCISCO--(BUSINESS WIRE)--Samsara Inc. ("Samsara") (NYSE: IOT), the pioneer of the Connected Operations™ Cloud, today announced USIC, the leader in underground utility damage prevention, selecte...

6 weeks ago - Business Wire

Samsara Marks a Milestone Year of Impact with Global Customers

SAN FRANCISCO--(BUSINESS WIRE)--Samsara Inc. ("Samsara") (NYSE: IOT), the pioneer of the Connected Operations™ Cloud, today revealed new growth figures that showcase the strength of its platform and p...

6 weeks ago - Business Wire

TMS, a Top Logistics and Transportation Company, Has Selected Samsara to Improve the Safety of Its Drivers and Operations

MEXICO CITY--(BUSINESS WIRE)--Samsara Inc. ("Samsara") (NYSE: IOT), the pioneer of the Connected Operations™ Cloud, is pleased to announce its new collaboration with TMS, a top logistics and transport...

6 weeks ago - Business Wire

Samsara Reports Fourth Quarter and Full Fiscal Year 2024 Financial Results

SAN FRANCISCO--(BUSINESS WIRE)--Samsara Inc. (NYSE: IOT), the pioneer of the Connected Operations Cloud, reported financial results for the fourth quarter and fiscal year ended February 3, 2024, and r...

6 weeks ago - Business Wire

Samsara Earns Great Place to Work Poland Certification™

WARSAW, Poland--(BUSINESS WIRE)--Samsara has been recognised as a Great Place To Work® in Poland, by the global authority on workplace culture.

6 weeks ago - Business Wire

Final Trades: Thermo Fisher, Samsara and IYR

Today's ‘Halftime Report' Investment Committee, Karen Firestone, Shannon Saccocia and Josh Brown give their top picks to watch for the second half.

Other symbols: TMOIYR
7 weeks ago - CNBC Television

Motive Files Lawsuit Against Samsara to Protect Innovation and Fair Competition

SAN FRANCISCO--(BUSINESS WIRE)--Motive Technologies, Inc. (“Motive”), the only AI-powered Integrated Operations Platform for the physical economy, today filed a lawsuit against Samsara Inc. (“Samsara”...

2 months ago - Business Wire

Motive Technologies sues rival Samsara over AI dashcam, fleet-management technology

Artificial intelligence-powered fleet management company Motive Technologies sued rival Samsara Thursday, accusing Samsara of copying its technology and patents in creating competitive products such a...

2 months ago - Reuters

Samsara to Announce Fourth Quarter and Fiscal Year 2024 Financial Results on March 7, 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 fourth quarter ...

2 months ago - Business Wire

Samsara Sues to Stop Patent Infringement, False Advertising by Motive

SAN FRANCISCO--(BUSINESS WIRE)--Samsara Inc. ("Samsara") (NYSE: IOT), the pioneer of the Connected Operations™ Cloud, today filed a lawsuit in federal court seeking to stop ongoing intellectual proper...

3 months ago - Business Wire

Samsara Joins California Bureau of Automotive Repair's Continuous Testing Program Pilot to Streamline Smog Checks for Public Sector Fleets

SAN FRANCISCO--(BUSINESS WIRE)--Samsara Inc. ("Samsara") (NYSE: IOT), the pioneer of the Connected Operations™ Cloud, today announced that it has joined the California Bureau of Automotive Repair's (B...

4 months ago - Business Wire

Roelofs Transport Sees a 60% Reduction in Non-Fault Claims With Samsara's Real-Time AI-Powered Solutions

LONDON--(BUSINESS WIRE)--International haulage firm Roelofs Transport has been working with Samsara, the pioneer of the Connected Operations™ Cloud, to digitise its operations as it continues to grow....

4 months ago - Business Wire

Trade Tracker: Josh Brown details his latest portfolio moves

Josh Brown, Ritholtz Wealth Management CEO, explains why he's buying Samsara and trimming Uber.

Other symbols: UBER
4 months ago - CNBC Television