Samsara Inc. (IOT)

NYSE: IOT · IEX Real-Time Price · USD
9.96
+0.08 (0.81%)
Nov 25, 2022 1:00 PM EDT - Market closed
0.81%
Market Cap 5.08B
Revenue (ttm) 428.35M
Net Income (ttm) -355.02M
Shares Out 511.76M
EPS (ttm) -1.13
PE Ratio n/a
Forward PE n/a
Dividend n/a
Ex-Dividend Date n/a
Volume 317,553
Open 9.81
Previous Close 9.88
Day's Range 9.73 - 9.96
52-Week Range 8.42 - 31.41
Beta n/a
Analysts Buy
Price Target 21.93 (+120.2%)
Earnings Date Dec 1, 2022

About IOT

Samsara Inc. provides solutions that connect 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; and applications for video-based safety, vehicle telematics, apps and driver workflows, equipment monitoring, and site visibility. It serves customers acr... [Read more]

Industry Software-Infrastructure
IPO Date Dec 15, 2021
Employees 1,616
Stock Exchange NYSE
Ticker Symbol IOT
Full Company Profile

Financial Performance

In 2021, Samsara's revenue was $428.35 million, an increase of 71.40% compared to the previous year's $249.91 million. Losses were -$355.02 million, 68.9% more than in 2020.

Financial Statements

Analyst Forecast

According to 14 analysts, the average rating for IOT stock is "Buy." The 12-month stock price forecast is 21.93, which is an increase of 120.18% from the latest price.

Price Target
$21.93
(120.18% upside)
Analyst Consensus: Buy
Stock Forecasts

News

Samsara Recognized as one of North America's Fastest-Growing Companies on the 2022 Deloitte Technology Fast 500™

SAN FRANCISCO--( BUSINESS WIRE )--Samsara Inc. (“Samsara”) (NYSE: IOT), the pioneer of the Connected Operations Cloud, today announced it has ranked on the Deloitte Technology Fast 500™ for the third co...

1 week ago - Business Wire

Samsara to Announce Third Quarter Fiscal 2023 Financial Results on December 1, 2022

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 of f...

3 weeks ago - Business Wire

7 Software Stocks to Buy on the Dip or Kick Yourself Later

The idea of software stocks to buy on the dip seems incredibly treacherous given the volatility. One of the core catalysts of the latest red wave centers on the Federal Reserve.

Other symbols: BAHCRWDINTULMNDMSFTTTD
1 month ago - InvestorPlace

Samsara Appoints Steve Pickle as First Chief People Officer

SAN FRANCISCO--(BUSINESS WIRE)--Samsara Inc. (“Samsara”) (NYSE: IOT), the pioneer of the Connected Operations Cloud, today announced the hiring of Steve Pickle as Chief People Officer, effective October...

1 month ago - Business Wire

Samsara Continues Investment in DACH Region with Appointment of Regional Sales Director and Opening of New Munich Office

MUNICH, Germany--(BUSINESS WIRE)--Samsara Inc. (“Samsara”) (NYSE: IOT), the pioneer of the Connected Operations Cloud, today announced the appointment of Jürgen Schachner as Regional Sales Director, DAC...

1 month ago - Business Wire

Samsara to Open New European Technology Center in Warsaw, Poland

SAN FRANCISCO--(BUSINESS WIRE)--Samsara Inc. (“Samsara”) (NYSE: IOT), the pioneer of the Connected Operations Cloud, today announced that it is opening a new office in Warsaw, Poland, as part of an inve...

2 months ago - Business Wire

Rubicon Enters Technology Partnership with Samsara

LEXINGTON, Kentucky--(BUSINESS WIRE)--Leading digital marketplace for waste and recycling expands reach of its smart city technology suite through strategic technology partnership.

Other symbols: RBT
2 months ago - Business Wire

Samsara Announces 200th Partner Integration with its Connected Operations Cloud; Becoming System of Record for Physic...

SAN FRANCISCO--(BUSINESS WIRE)--Samsara Inc. (“Samsara”) (NYSE: IOT), the pioneer of the Connected Operations Cloud, today announced two milestones as it becomes the system of record for physical operat...

2 months ago - Business Wire

Samsara Tops Estimates and Boosts Full-Year Outlook

The company's 52% growth in the July quarter beat guidance and Street estimates.

2 months ago - Barrons

Samsara Reports Second Quarter Fiscal 2023 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 July 30, 2022, and released a shareholder...

2 months ago - Business Wire

New Data Shows Samsara Drives Cost-Savings Opportunities for Customers in First Year

SAN FRANCISCO--(BUSINESS WIRE)--Samsara Inc. (“Samsara”) (NYSE: IOT), the pioneer of the Connected Operations Cloud, today released data that shows how it's helping customers reduce costs within the fir...

2 months ago - Business Wire

Tiger Global Slashes Tech Holdings After Huge Losses

One of the most interesting 13F updates to be published this week comes from Tiger Global. For readers who don't keep an eye on the hedge fund world, this firm has been one of the biggest winners of the...

Other symbols: GOOGLJDLWMETAMSFTZ
3 months ago - GuruFocus

Samsara to Present at Upcoming Investor Conferences

SAN FRANCISCO--(BUSINESS WIRE)--Samsara Inc. (“Samsara”) (NYSE: IOT), the pioneer of the Connected Operations Cloud, today announced that its management is scheduled to present at the following investor...

3 months ago - Business Wire

We're definitely seeing tightness in the labor market, says Samsara CEO Sanjit Biswas

Sanjit Biswas, Samsara CEO, joins 'The Exchange' to discuss macro challenges for the operations industry and the strategies available to combat these challenges.

3 months ago - CNBC Television

Samsara to Announce Second Quarter Fiscal 2023 Financial Results on August 31, 2022

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 of ...

3 months ago - Business Wire

Samsara Welcomes Jeffrey Hausman as Chief Product Officer and Appoints Kiren Sekar as Chief Strategy Officer

SAN FRANCISCO--(BUSINESS WIRE)--Samsara Inc. (“Samsara”) (NYSE: IOT), the pioneer of the Connected Operations Cloud, today announced the hiring of Jeffrey Hausman as Chief Product Officer, effective Jul...

4 months ago - Business Wire

Coach USA Selects Samsara's Connected Operations Cloud to Strengthen Operations

SAN FRANCISCO--(BUSINESS WIRE)--Samsara Inc. (NYSE: IOT) today announced that the Samsara Connected Operations Cloud has been selected by Coach USA, Inc., one of the largest transportation companies in ...

4 months ago - Business Wire

Samsara Announces Beyond Virtual Conference Showcasing the Future of Physical Operations

SAN FRANCISCO--(BUSINESS WIRE)--Samsara Inc. (NYSE: IOT), the pioneer of the Connected Operations Cloud, held its inaugural customer conference, Samsara Beyond, on June 15-16, 2022. Hundreds of physical...

5 months ago - Business Wire

Samsara Beyond 2022: Driving Resiliency and Digital Transformation of Physical Operations

SAN FRANCISCO--(BUSINESS WIRE)-- #SamsaraBeyond--Today at its customer conference Beyond, Samsara Inc. (NYSE: IOT), announced a series of new integrations, partnerships, and product features to further ...

5 months ago - Business Wire

Samsara and General Motors Work to Optimize Cloud-Based Fleet Management

SAN FRANCISCO--(BUSINESS WIRE)-- #SamsaraBeyond--Today at its customer conference Beyond, Samsara Inc. (NYSE: IOT) announced it will work with General Motors (GM) (NYSE: GM) to give shared customers a h...

Other symbols: GM
5 months ago - Business Wire

Samsara and Free2move Partner to Develop Integrated Solution to Help Commercial Fleets Operate More Efficiently

SAN FRANCISCO--(BUSINESS WIRE)-- #SamsaraBeyond--Today at its customer conference Beyond, Samsara Inc. (NYSE: IOT) announced it has entered into a partnership agreement with Free2move, the global fleet,...

5 months ago - Business Wire

New Samsara Research: Digitization Improves Business Resilience and Profits for Operations Leaders

SAN FRANCISCO--(BUSINESS WIRE)--Samsara Inc. (NYSE: IOT), the pioneer of the Connected Operations Cloud, today announced its inaugural State of Connected Operations Report. Perspectives from 1,500+ oper...

5 months ago - Business Wire

Wall Street Analysts Predict a 136% Upside in Samsara Inc. (IOT): Here's What You Should Know

The average of price targets set by Wall Street analysts indicates a potential upside of 136.3% in Samsara Inc. (IOT). While the effectiveness of this highly sought-after metric is questionable, the pos...

5 months ago - Zacks Investment Research

Samsara Reports First Quarter Fiscal 2023 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 April 30, 2022, and released a shareholder...

5 months ago - Business Wire

Should You Buy Samsara Inc. (IOT) Ahead of Earnings?

Samsara Inc. (IOT) is seeing favorable earnings estimate revision activity and has a positive Zacks Earnings ESP heading into earnings season.

5 months ago - Zacks Investment Research