Samsara Inc. (IOT)
| Market Cap | 20.66B |
| Revenue (ttm) | 1.01B |
| Net Income (ttm) | -275.16M |
| Shares Out | 550.81M |
| EPS (ttm) | -0.50 |
| PE Ratio | n/a |
| Forward PE | 337.96 |
| Dividend | n/a |
| Ex-Dividend Date | n/a |
| Volume | 1,500,763 |
| Open | 37.69 |
| Previous Close | 37.12 |
| Day's Range | 36.94 - 38.15 |
| 52-Week Range | 21.48 - 42.28 |
| Beta | 1.49 |
| Analysts | Buy |
| Price Target | 39.00 (+3.97%) |
| Earnings Date | Aug 29, 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]
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 StatementsAnalyst 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 3.97% from the latest price.
News
Samsara Vision Announces First SING IMT® (Smaller-Incision New-Generation Implantable Miniature Telescope) Patient in China and Accelerating Global Rollout
FAR HILLS, N.J.--(BUSINESS WIRE)-- #AMD--Samsara Vision Announces 1st SING IMT® (Smaller-Incision New-Generation Implantable Miniature Telescope) Patient in China & Update on Global Rollout.
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 ...
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...
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 ...
Calls of the Day: Samsara, TransDigm, Skyworks Solutions, Warner Bros., GXO Logistics and Honeywell
The Investment Committee discuss the latest Calls Of The Day.
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...
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...
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 -...
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,...
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.
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.
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...
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...
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.
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 ...
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 ...
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...
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...
Final Trades: Samsara, Prologis and the XLE
The Investment Committee give you their top stocks to watch for the second half.
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 ...
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.
Final Trades: Samsara, Delta Air Lines and VGSH
The Investment Committee discuss their top stocks to watch for the second half.
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 ...
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...
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...