Samsara (IOT) Stock Forecast, Price Target & Predictions
IOT Stock Forecast
Samsara stock forecast is as follows: an average price target of $36.75 (represents a -22.71% downside from IOT’s last price of $47.55) and a rating consensus of 'Buy', based on 11 wall street analysts offering a 1-year stock forecast.
IOT Price Target
The average price target for Samsara (IOT) is $36.75 based on 1-year price targets from 11 Wall Street analysts in the past 3 months, with a price target range of $49.00 to $17.00. This represents a potential -22.71% downside from IOT's last price of $47.55.
IOT Analyst Ratings
According to 11 Wall Street analysts, Samsara's rating consensus is 'Buy'. The analyst rating breakdown for IOT stock is 0 'Strong Buy' (0.00%), 8 'Buy' (72.73%), 3 'Hold' (27.27%), 0 'Sell' (0.00%), and 0 'Strong Sell' (0.00%).
Samsara Price Target by Analyst
| Date | Analyst | Company | Price Target | Price when Published | Price Target/Price when Published | Price Target/Last Closing Price |
|---|---|---|---|---|---|---|
| Sep 06, 2024 | Matthew Hedberg | RBC Capital | $49.00 | $44.34 | 10.51% | 3.05% |
| Sep 06, 2024 | Daniel Jester | BMO Capital | $44.00 | $38.75 | 13.55% | -7.47% |
| Sep 06, 2024 | James Fish | Piper Sandler | $40.00 | $38.75 | 3.23% | -15.88% |
| Jun 28, 2024 | James Fish | Piper Sandler | $36.00 | $33.70 | 6.82% | -24.29% |
| Jun 07, 2024 | Daniel Jester | BMO Capital | $40.00 | $34.86 | 14.74% | -15.88% |
| Jun 07, 2024 | Matthew Hedberg | RBC Capital | $47.00 | $34.86 | 34.83% | -1.16% |
| Jun 07, 2024 | Junaid Siddiqui | Truist Financial | $35.00 | $34.86 | 0.40% | -26.39% |
| Jun 07, 2024 | Kirk Materne | Evercore ISI | $40.00 | $34.86 | 14.74% | -15.88% |
| May 23, 2024 | James Fish | Piper Sandler | $41.00 | $40.15 | 2.12% | -13.77% |
| Apr 17, 2024 | Mark Schappel | Loop Capital Markets | $42.00 | $30.97 | 35.62% | -11.67% |
The latest Samsara stock forecast, released on Sep 06, 2024 by Matthew Hedberg from RBC Capital, set a price target of $49.00, which represents a 10.51% increase from the stock price at the time of the forecast ($44.34), and a 3.05% increase from IOT last price ($47.55).
Samsara Price Target by Period
| 1M | 3M | 12M | |
|---|---|---|---|
| # Anlaysts | 3 | 4 | 10 |
| Avg Price Target | $44.33 | $42.25 | $41.40 |
| Last Closing Price | $47.55 | $47.55 | $47.55 |
| Upside/Downside | -6.77% | -11.15% | -12.93% |
In the current month, the average price target of Samsara stock is $44.33, according to 3 Wall Street analysts offering twelve months forecast. The average price target represents a -6.77% decrease as opposed to Samsara's last price of $47.55. This month's average price target is up 4.92% compared to last quarter, and up 7.08% compared to last year.
Analyst Ratings Upgrades/Downgrades
| Date | Company | Previous Rating | New Rating | Rating Change |
|---|---|---|---|---|
| Sep 06, 2024 | RBC Capital | Outperform | Outperform | Hold |
| Sep 06, 2024 | Wells Fargo | Overweight | Overweight | Hold |
| Sep 06, 2024 | Loop Capital Markets | Buy | Buy | Hold |
| Sep 06, 2024 | BMO Capital | Market Perform | Market Perform | Hold |
| Sep 06, 2024 | Cowen & Co. | Buy | Buy | Hold |
| Sep 06, 2024 | Morgan Stanley | Equal-Weight | Equal-Weight | Hold |
| Sep 06, 2024 | Piper Sandler | Neutral | Neutral | Hold |
| Aug 16, 2024 | Piper Sandler | Neutral | Neutral | Hold |
| Jul 01, 2024 | RBC Capital | Outperform | Outperform | Hold |
| Jun 28, 2024 | Piper Sandler | Neutral | Neutral | Hold |
Samsara's last stock rating was published by RBC Capital on Sep 06, 2024. The company gave IOT a "Outperform" rating, the same as its previous rate.
Samsara Financial Forecast
Samsara Revenue Forecast
| Feb 27 | Nov 26 | Aug 26 | May 26 | Feb 26 | Nov 25 | Aug 25 | May 25 | Feb 25 | Nov 24 | Aug 24 | May 24 | Feb 24 | Nov 23 | Aug 23 | May 23 | Feb 23 | Nov 22 | Aug 22 | May 22 | Feb 22 | |
|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|
| Revenue | - | - | - | - | - | - | - | - | - | - | - | - | $276.27M | - | - | - | - | - | - | - | - |
| Avg Forecast | $505.27M | $472.23M | $455.68M | $431.82M | $416.76M | $388.05M | $372.74M | $353.23M | $335.87M | $310.60M | $289.53M | $272.42M | $258.30M | $224.65M | $207.46M | $191.93M | $171.62M | $155.35M | $143.03M | $131.45M | $116.39M |
| High Forecast | $509.27M | $475.95M | $459.27M | $435.24M | $420.05M | $391.11M | $375.69M | $356.02M | $336.47M | $312.11M | $291.82M | $274.58M | $260.34M | $228.04M | $209.10M | $193.44M | $172.98M | $156.58M | $143.67M | $132.02M | $116.81M |
| Low Forecast | $504.11M | $471.14M | $454.63M | $430.83M | $415.80M | $387.16M | $371.89M | $352.41M | $335.23M | $309.95M | $288.87M | $271.80M | $257.70M | $223.60M | $206.99M | $191.49M | $171.23M | $154.99M | $142.74M | $129.21M | $114.98M |
| # Analysts | 6 | 5 | 4 | 8 | 5 | 3 | 3 | 6 | 9 | 10 | 5 | 6 | 4 | 8 | 4 | 6 | 4 | 5 | 3 | 5 | 3 |
| Surprise % | - | - | - | - | - | - | - | - | - | - | - | - | 1.07% | - | - | - | - | - | - | - | - |
Samsara's average Quarter revenue forecast for May 24 based on 6 analysts is $272.42M, with a low forecast of $271.80M, and a high forecast of $274.58M. IOT's average Quarter revenue forecast represents a -1.39% decrease compared to the company's last Quarter revenue of $276.27M (Feb 24).
Samsara EBITDA Forecast
| Feb 27 | Nov 26 | Aug 26 | May 26 | Feb 26 | Nov 25 | Aug 25 | May 25 | Feb 25 | Nov 24 | Aug 24 | May 24 | Feb 24 | Nov 23 | Aug 23 | May 23 | Feb 23 | Nov 22 | Aug 22 | May 22 | Feb 22 | |
|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|
| # Analysts | 6 | 5 | 4 | 8 | 5 | 3 | 3 | 6 | 9 | 10 | 5 | 6 | 4 | 8 | 4 | 6 | 4 | 5 | 3 | 5 | 3 |
| EBITDA | - | - | - | - | - | - | - | - | - | - | - | - | $-49.65M | - | - | - | - | - | - | - | - |
| Avg Forecast | $-309.12M | $-288.90M | $-278.77M | $-264.18M | $-254.97M | $-237.40M | $-228.04M | $-216.10M | $-205.48M | $-190.02M | $-177.13M | $-166.66M | $-158.02M | $-137.44M | $-126.92M | $-117.42M | $-104.99M | $-95.04M | $-87.51M | $-80.42M | $-71.21M |
| High Forecast | $-308.41M | $-288.24M | $-278.13M | $-263.58M | $-254.38M | $-236.86M | $-227.51M | $-215.60M | $-205.09M | $-189.62M | $-176.73M | $-166.28M | $-157.66M | $-136.79M | $-126.63M | $-117.15M | $-104.75M | $-94.82M | $-87.32M | $-79.05M | $-70.34M |
| Low Forecast | $-311.56M | $-291.18M | $-280.98M | $-266.27M | $-256.98M | $-239.28M | $-229.84M | $-217.80M | $-205.85M | $-190.94M | $-178.53M | $-167.98M | $-159.27M | $-139.51M | $-127.93M | $-118.35M | $-105.82M | $-95.79M | $-87.90M | $-80.77M | $-71.46M |
| Surprise % | - | - | - | - | - | - | - | - | - | - | - | - | 0.31% | - | - | - | - | - | - | - | - |
undefined analysts predict IOT's average Quarter EBITDA for undefined to be $NaN, with a high of $NaN and a low of $NaN. This is NaN% lower than Samsara's previous annual EBITDA (undefined) of $NaN.
Samsara Net Income Forecast
| Feb 27 | Nov 26 | Aug 26 | May 26 | Feb 26 | Nov 25 | Aug 25 | May 25 | Feb 25 | Nov 24 | Aug 24 | May 24 | Feb 24 | Nov 23 | Aug 23 | May 23 | Feb 23 | Nov 22 | Aug 22 | May 22 | Feb 22 | |
|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|
| # Analysts | 6 | 5 | 4 | 8 | 5 | 3 | 3 | 6 | 9 | 10 | 5 | 6 | 4 | 8 | 4 | 6 | 4 | 5 | 3 | 5 | 3 |
| Net Income | - | - | - | - | - | - | - | - | - | - | - | - | $-113.37M | - | - | - | - | - | - | - | - |
| Avg Forecast | $69.24M | $52.62M | $48.47M | $36.00M | $47.84M | $36.76M | $33.66M | $25.57M | $33.97M | $22.16M | $5.07M | $5.14M | $14.88M | $4.18M | $-11.93M | $-26.84M | $-28.27M | $-33.24M | $-33.88M | $-37.64M | $-39.93M |
| High Forecast | $69.95M | $53.16M | $48.97M | $36.37M | $48.33M | $37.14M | $34.01M | $25.83M | $34.32M | $22.38M | $5.13M | $5.20M | $15.03M | $4.23M | $-11.89M | $-26.76M | $-28.19M | $-33.14M | $-33.79M | $-36.81M | $-39.30M |
| Low Forecast | $69.03M | $52.47M | $48.32M | $35.90M | $47.70M | $36.65M | $33.56M | $25.49M | $33.87M | $22.09M | $5.06M | $5.13M | $14.84M | $4.17M | $-12.05M | $-27.12M | $-28.56M | $-33.58M | $-34.08M | $-37.86M | $-40.12M |
| Surprise % | - | - | - | - | - | - | - | - | - | - | - | - | -7.62% | - | - | - | - | - | - | - | - |
Samsara's average Quarter net income forecast for undefined is $NaN, with a range of $NaN to $NaN. IOT's average Quarter net income forecast represents a NaN% decrease compared to the company's last Quarter net income of $NaN (undefined).
Samsara SG&A Forecast
| Feb 27 | Nov 26 | Aug 26 | May 26 | Feb 26 | Nov 25 | Aug 25 | May 25 | Feb 25 | Nov 24 | Aug 24 | May 24 | Feb 24 | Nov 23 | Aug 23 | May 23 | Feb 23 | Nov 22 | Aug 22 | May 22 | Feb 22 | |
|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|
| # Analysts | 6 | 5 | 4 | 8 | 5 | 3 | 3 | 6 | 9 | 10 | 5 | 6 | 4 | 8 | 4 | 6 | 4 | 5 | 3 | 5 | 3 |
| SG&A | - | - | - | - | - | - | - | - | - | - | - | - | $188.16M | - | - | - | - | - | - | - | - |
| Avg Forecast | $568.85M | $531.64M | $513.01M | $486.16M | $469.20M | $436.87M | $419.64M | $397.67M | $378.13M | $349.68M | $325.96M | $306.70M | $290.79M | $252.92M | $233.57M | $216.08M | $193.21M | $174.90M | $161.03M | $147.99M | $131.04M |
| High Forecast | $573.34M | $535.84M | $517.06M | $490.00M | $472.90M | $440.32M | $422.96M | $400.81M | $378.80M | $351.38M | $328.54M | $309.12M | $293.09M | $256.73M | $235.41M | $217.78M | $194.74M | $176.28M | $161.75M | $148.63M | $131.51M |
| Low Forecast | $567.54M | $530.42M | $511.83M | $485.04M | $468.12M | $435.87M | $418.68M | $396.75M | $377.41M | $348.95M | $325.21M | $306.00M | $290.13M | $251.73M | $233.03M | $215.58M | $192.77M | $174.49M | $160.70M | $145.47M | $129.44M |
| Surprise % | - | - | - | - | - | - | - | - | - | - | - | - | 0.65% | - | - | - | - | - | - | - | - |
Samsara's average Quarter SG&A projection for May 24 is $306.70M, based on 6 Wall Street analysts, with a range of $306.00M to $309.12M. The forecast indicates a 63.00% rise compared to IOT last annual SG&A of $188.16M (Feb 24).
Samsara EPS Forecast
| Feb 27 | Nov 26 | Aug 26 | May 26 | Feb 26 | Nov 25 | Aug 25 | May 25 | Feb 25 | Nov 24 | Aug 24 | May 24 | Feb 24 | Nov 23 | Aug 23 | May 23 | Feb 23 | Nov 22 | Aug 22 | May 22 | Feb 22 | |
|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|
| # Analysts | 6 | 5 | 4 | 8 | 5 | 3 | 3 | 6 | 9 | 10 | 5 | 6 | 4 | 8 | 4 | 6 | 4 | 5 | 3 | 5 | 3 |
| EPS | - | - | - | - | - | - | - | - | - | - | - | - | $-0.21 | - | - | - | - | - | - | - | - |
| Avg Forecast | $0.13 | $0.10 | $0.09 | $0.07 | $0.09 | $0.07 | $0.06 | $0.05 | $0.06 | $0.04 | $0.01 | $0.01 | $0.03 | $0.01 | $-0.02 | $-0.05 | $-0.05 | $-0.06 | $-0.06 | $-0.07 | $-0.07 |
| High Forecast | $0.13 | $0.10 | $0.09 | $0.07 | $0.09 | $0.07 | $0.06 | $0.05 | $0.06 | $0.04 | $0.01 | $0.01 | $0.03 | $0.01 | $-0.02 | $-0.05 | $-0.05 | $-0.06 | $-0.06 | $-0.07 | $-0.07 |
| Low Forecast | $0.12 | $0.09 | $0.09 | $0.06 | $0.09 | $0.07 | $0.06 | $0.05 | $0.06 | $0.04 | $0.01 | $0.01 | $0.03 | $0.01 | $-0.02 | $-0.05 | $-0.05 | $-0.06 | $-0.06 | $-0.07 | $-0.07 |
| Surprise % | - | - | - | - | - | - | - | - | - | - | - | - | -7.82% | - | - | - | - | - | - | - | - |
According to undefined Wall Street analysts, Samsara's projected average Quarter EPS for undefined is $NaN, with a low estimate of $NaN and a high estimate of $NaN. This represents a NaN% decrease compared to IOT previous annual EPS of $NaN (undefined).
Samsara Peer Comparison by Price Target
| Ticker | Company | Last Closing Price | Avg Price Target | Upside/Downside | Avg Rating |
|---|---|---|---|---|---|
| DAVA | Endava | $29.40 | $64.16 | 118.23% | Buy |
| PATH | UiPath | $12.27 | $25.53 | 108.07% | Hold |
| PAGS | PagSeguro Digital | $9.23 | $17.04 | 84.62% | Buy |
| BASE | Couchbase | $14.09 | $23.33 | 65.58% | Buy |
| OKTA | Okta | $74.21 | $120.69 | 62.63% | Hold |
| AVDX | AvidXchange | $7.44 | $11.69 | 57.12% | Hold |
| CFLT | Confluent | $20.80 | $31.78 | 52.79% | Buy |
| ZS | Zscaler | $170.32 | $232.54 | 36.53% | Buy |
| MDB | MongoDB | $286.80 | $373.27 | 30.15% | Buy |
| NET | Cloudflare | $79.11 | $95.00 | 20.09% | Hold |
| CRWD | CrowdStrike | $268.72 | $322.56 | 20.04% | Buy |
| NTNX | Nutanix | $58.05 | $63.15 | 8.79% | Buy |
| VMW | VMware | $142.48 | $149.13 | 4.67% | Hold |
| IOT | Samsara | $47.55 | $36.75 | -22.71% | Buy |
IOT Forecast FAQ
Is Samsara a good buy?
Yes, according to 11 Wall Street analysts, Samsara (IOT) is considered a 'Buy'. The rating consensus is based on 0 'Strong Buy' and 8 'Buy' recommendations, accounting for 72.73% of IOT's total ratings.
What is IOT's price target?
Samsara (IOT) average price target is $36.75 with a range of $17 to $49, implying a -22.71% from its last price of $47.55. The data is based on 11 Wall Street analysts who provided a twelve-month price target estimate in the last three months.
Will Samsara stock go up soon?
According to Wall Street analysts' prediction for IOT stock, the company can go down by -22.71% (from the last price of $47.55 to the average price target of $36.75), up by 3.05% based on the highest stock price target, and down by -64.25% based on the lowest stock price target.
Can Samsara stock reach $70?
IOT's average twelve months analyst stock price target of $36.75 does not support the claim that Samsara can reach $70 in the near future.
What is Samsara's current price target trend?
3 Wall Street analysts forecast a $44.33 price target for Samsara (IOT) this month, down -6.77% from its last price of $47.55. Compared to the last 3 and 12 months, the average price target decreased by -11.15% and decreased by -12.93%, respectively.
What are Samsara's analysts' financial forecasts?
Samsara's analysts financial forecasts for the fiscal year (Feb 2026) are as follows: average revenue is $1.53B (high $1.54B, low $1.53B), average EBITDA is $-937M (high $-934M, low $-944M), average net income is $143.83M (high $145.3M, low $143.4M), average SG&A $1.72B (high $1.74B, low $1.72B), and average EPS is $0.26 (high $0.262, low $0.259). IOT's analysts financial forecasts for the fiscal year (Feb 2027) are as follows: average revenue is $1.86B (high $1.88B, low $1.86B), average EBITDA is $-1.141B (high $-1.138B, low $-1.15B), average net income is $206.33M (high $208.45M, low $205.72M), average SG&A $2.1B (high $2.12B, low $2.09B), and average EPS is $0.372 (high $0.376, low $0.371).
Did the IOT's actual financial results beat the analysts' financial forecasts?
Based on Samsara's last annual report (Feb 2024), the company's revenue was $937.38M, beating the average analysts forecast of $882.34M by 6.24%. Apple's EBITDA was $-234M, missing the average prediction of $-540M by -56.58%. The company's net income was $-287M, beating the average estimation of $-19.711M by 1354.68%. Apple's SG&A was $681.69M, missing the average forecast of $993.36M by -31.37%. Lastly, the company's EPS was $-0.54, beating the average prediction of $-0.0356 by 1417.54%. In terms of the last quarterly report (Feb 2024), Samsara's revenue was $276.27M, beating the average analysts' forecast of $258.3M by 6.96%. The company's EBITDA was $-49.65M, missing the average prediction of $-158M by -68.58%. Samsara's net income was $-113M, missing the average estimation of $14.88M by -861.91%. The company's SG&A was $188.16M, missing the average forecast of $290.79M by -35.29%. Lastly, the company's EPS was $-0.21, missing the average prediction of $0.0269 by -881.74%