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Samsara (IOT) Stock Forecast & Price Target

$35.67
+0.20 (+0.56%)
(As of 01:48 PM ET)

Samsara - Analysts' Recommendations and Stock Price Forecast (2024)

MarketBeat calculates consensus analyst ratings for stocks using the most recent rating from each Wall Street analyst that has rated a stock within the last twelve months. Each analyst's rating is normalized to a standardized rating score of 1 (sell), 2 (hold), 3 (buy) or 4 (strong buy). Analyst consensus ratings scores are calculated using the mean average of the number of normalized sell, hold, buy and strong buy ratings from Wall Street analysts. Each stock's consensus analyst rating is derived from its calculated consensus ratings score (0 to .5 = Strong Sell, .5 to 1 = Sell, 1 to 1.5 = Reduce, 1.5 to 2.5 = Hold, 2.5 to 3.0 = Moderate Buy, 3.0 to 3.5 = Buy, >3.5 = Strong Buy). MarketBeat's consensus price targets are a mean average of the most recent available price targets set by each analyst that has set a price target for the stock in the last twelve months. MarketBeat's consensus ratings and consensus price targets may differ from those calculated by other firms due to differences in methodology and available data.

Consensus Rating

Consensus Price Target

$37.17
4.20% Upside
High Forecast$47.00
Average Forecast$37.17
Low Forecast$30.00
TypeCurrent Forecast
7/4/23 to 7/3/24
1 Month Ago
6/4/23 to 6/3/24
3 Months Ago
4/5/23 to 4/4/24
1 Year Ago
7/4/22 to 7/4/23
Consensus Rating
Moderate Buy
Moderate Buy
Hold
Hold
Strong Buy
0 Strong Buy rating(s)
0 Strong Buy rating(s)
0 Strong Buy rating(s)
0 Strong Buy rating(s)
Buy
7 Buy rating(s)
5 Buy rating(s)
4 Buy rating(s)
4 Buy rating(s)
Hold
5 Hold rating(s)
4 Hold rating(s)
5 Hold rating(s)
5 Hold rating(s)
Sell
0 Sell rating(s)
0 Sell rating(s)
0 Sell rating(s)
0 Sell rating(s)
Consensus Price Target$37.17$32.60$31.56$24.80
Forecasted Upside4.20% Upside6.78% Upside5.18% Upside34.34% Upside

IOT Analyst Recommendations By Month

The chart below shows how a company's ratings by analysts have changed over time. Each bar represents the previous year of ratings for that month. Within each bar, the sell ratings are shown in red, the hold ratings are shown in yellow, the buy ratings are shown in green, and the strong buy ratings are shown in dark green.
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IOT Price Targets by Month

The chart below shows how a company's share price and consensus price target have changed over time. The dark blue line represents the company's actual price. The lighter blue line represents the stock's consensus price target. The even lighter blue range in the background of the two lines represents the low price target and the high price target for each stock.
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Samsara Stock vs. The Competition

TypeSamsaraComputer and Technology CompaniesS&P 500
Consensus Rating Score
2.58
2.61
2.50
Consensus RatingModerate BuyModerate BuyModerate Buy
Predicted Upside4.77% Upside251.81% Upside12.06% Upside
News Sentiment RatingNeutral News
Positive News
Positive News
DateBrokerageAnalyst NameActionRatingPrice TargetUpside/Downside on Report DateDetails
6/28/2024Piper Sandler
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 Reiterated RatingNeutral ➝ Neutral$36.00 ➝ $36.00+7.46%
6/28/2024Wolfe Research
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A. Zukin
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Reiterated RatingOutperform ➝ Outperform$44.00 ➝ $44.00+30.64%
6/28/2024Loop Capital
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 Reiterated RatingBuy ➝ Buy$42.00 ➝ $42.00+28.44%
6/26/2024Royal Bank of Canada
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 Reiterated RatingOutperform ➝ Outperform$47.00 ➝ $47.00+52.45%
6/20/2024Bank of America
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 Initiated CoverageBuy$37.00+24.96%
6/11/2024BMO Capital Markets
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 Reiterated RatingMarket Perform ➝ Market Perform$40.00 ➝ $40.00+29.24%
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6/7/2024Evercore ISI
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 Lower TargetIn-Line ➝ In-Line$41.00 ➝ $40.00+31.54%
12/1/2023JPMorgan Chase & Co.
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 Boost TargetNeutral ➝ Neutral$27.00 ➝ $30.00-11.35%
12/1/2023Morgan Stanley
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 Boost TargetEqual Weight ➝ Equal Weight$25.00 ➝ $31.00-1.02%
12/1/2023The Goldman Sachs Group
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 Boost TargetBuy ➝ Buy$31.00 ➝ $35.00+11.75%
12/1/2023Wells Fargo & Company
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 Boost TargetOverweight ➝ Overweight$32.00 ➝ $34.00+23.55%
10/25/2023FBN Securities
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 Initiated CoverageOutperform$30.00+26.69%
6/23/2023Truist Financial
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 Boost Target$20.00 ➝ $27.00+1.62%
9/22/2022Moffett Nathanson
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 Initiated CoverageBuy$40.00+219.49%

Analyst ratings data on MarketBeat is provided by Benzinga and other data providers. This page was last refreshed on Wednesday at 02:04 PM ET.

IOT Forecast - Frequently Asked Questions

What is Samsara's stock forecast and purchase recommendation?

According to the research reports of 12 Wall Street equities research analysts, the average twelve-month stock price forecast for Samsara is $37.17, with a high forecast of $47.00 and a low forecast of $30.00. The consensus rating for Samsara stock is Moderate Buy based on the current 5 hold ratings and 7 buy ratings for IOT. Learn more on IOT's analyst rating history.

Do Wall Street analysts like Samsara more than its competitors?

Analysts like Samsara less than other "computer and technology" companies. The consensus rating score for Samsara is 2.58 while the average consensus rating score for "computer and technology" companies is 2.61. Learn more on how IOT compares to other companies.

Does Samsara's stock price have much upside?

According to analysts, Samsara's stock has a predicted upside of 20.75% based on their 12-month stock forecasts.

What analysts cover Samsara?

Samsara has been rated by research analysts at Bank of America, BMO Capital Markets, Evercore ISI, Loop Capital, Piper Sandler, Royal Bank of Canada, and Wolfe Research in the past 90 days.


This page (NYSE:IOT) was last updated on 7/3/2024 by MarketBeat.com Staff

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