Samsara (IOT) AI Stock Analysis

• Market Cap: $18.34B
• Dividend Yield: N/A
• Average Volume (3M): 4.24M
• Price to Earnings (P/E): ―
• Beta (1Y): 2.00
• Revenue Growth: 31.72%
• EPS Growth: 57.55%
• Country: US
• Employees: 3,500
• Sector: Technology
• Sector Strength: 94
• Industry: Software - Infrastructure
• EPS (TTM): 0.11
• Shares Outstanding: 299,748,930
• 10 Day Avg. Volume: 5,019,473
• 30 Day Avg. Volume: 4,236,704
• PEG Ratio: N/A
• Price to Book (P/B): N/A
• Price to Sales (P/S): N/A
• P/FCF Ratio: N/A
• Enterprise Value/Market Cap: 1.25
• Enterprise Value/Revenue: 17.14
• Enterprise Value/Gross Profit: 22.38
• Enterprise Value/Ebitda: -174.65
• 1Y Price Target: $46.41
• Price Target Upside: 44.04% Upside
• Rating Consensus: Moderate Buy
• Number of Analyst Covering: 18

• Rating: 66 Neutral
• Price Target: $42.00 ▲(30.35% Upside)

Samsara's strong financial performance and positive earnings call sentiment are offset by bearish technical indicators and a high valuation. The company's potential for future growth is promising, but current technical trends and valuation concerns warrant caution.

Positive Factors

Market Opportunity

The large and growing connected operations market presents a durable opportunity for Samsara.

Product Innovation

Samsara launched a record number of new products and capabilities across Safety, Maintenance, and Frontline Worker Productivity, highlighting the power of their data and network flywheels.

Return on Investment

Samsara's platform offers tangible ROI and compounding value, supporting accelerated product innovation.

Negative Factors

Market Competition

Risks to the thesis include competition, valuation, and multiclass ownership.

Market Perception

The market is mischaracterizing recent macro-induced pressure as indicative of a company-specific slowdown, creating an attractive entry point.

Samsara Business Overview & Revenue Model

Company Description

Samsara is a leading provider in the Internet of Things (IoT) sector, specializing in offering solutions for fleet management, industrial operations, and logistics. The company develops a comprehensive IoT platform that combines hardware, software, and cloud technology to help businesses improve the efficiency, safety, and sustainability of their operations. Samsara's core products include vehicle telematics, driver safety tools, and industrial process monitoring systems, which enable real-time data collection and insights for enhanced decision-making.

How the Company Makes Money

Samsara generates revenue primarily through a subscription-based model. The company charges customers for access to its IoT platform, which includes software licenses, and ongoing support and maintenance services. Additionally, Samsara sells IoT hardware devices, such as sensors and cameras, which are integrated into its platform to collect data. Key revenue streams include subscriptions to fleet management and industrial monitoring services, as well as sales of the accompanying hardware. Samsara also partners with various industry leaders to enhance its platform's capabilities and expand its market reach, contributing to its revenue growth.

Samsara Financial Statement Overview

Summary

Samsara is experiencing strong revenue growth and improving cash flows. While still operating at a net loss, the company demonstrates a trajectory towards profitability with robust gross margins and efficient cash management. The balance sheet is solid with low leverage, indicating a strong position for future growth.

Income Statement

Samsara has shown impressive revenue growth, with a notable increase from $428.3M in 2022 to $1.34B in TTM (Trailing-Twelve-Months). Gross profit margin is strong at 76.6% for TTM. Despite this, the company is still operating at a net loss, although the net profit margin has improved over time, indicating a move towards profitability.

Balance Sheet

The balance sheet shows a solid equity position with a debt-to-equity ratio of 0.07, indicating low leverage. The equity ratio is 54.4%, reflecting a strong balance between debt and equity. However, the company has yet to achieve a positive return on equity, as it is still in a net loss position.

Cash Flow

Samsara's cash flow has improved significantly with a positive operating cash flow of $160.6M in TTM. Free cash flow has also turned positive, indicating better cash management. The free cash flow to net income ratio is positive, suggesting efficient cash generation despite net losses.

Breakdown	TTM	Dec 2025	Dec 2024	Dec 2023	Dec 2022	Dec 2021
Income Statement
Total Revenue	1.34B	1.25B	937.38M	652.54M	428.35M	249.91M
Gross Profit	1.02B	950.88M	690.35M	469.89M	303.86M	174.51M
EBITDA	-131.02M	-164.45M	-234.39M	-259.45M	-341.93M	-185.21M
Net Income	-120.74M	-154.91M	-286.73M	-247.42M	-355.02M	-210.21M
Balance Sheet
Total Assets	2.07B	2.02B	1.73B	1.62B	1.57B	886.63M
Cash, Cash Equivalents and Short-Term Investments	698.12M	694.80M	547.66M	689.86M	921.22M	399.89M
Total Debt	82.10M	80.28M	99.49M	122.92M	144.96M	173.27M
Total Liabilities	946.04M	955.11M	819.70M	678.99M	578.98M	1.42B
Stockholders Equity	1.13B	1.07B	915.15M	938.02M	988.95M	-532.80M
Cash Flow
Free Cash Flow	138.57M	111.48M	-22.77M	-136.26M	-190.83M	-203.87M
Operating Cash Flow	160.60M	131.66M	-11.81M	-103.02M	-171.48M	-171.77M
Investing Cash Flow	-87.96M	-66.62M	-78.69M	-631.85M	-20.04M	-32.20M
Financing Cash Flow	26.43M	27.10M	21.00M	14.21M	701.64M	401.97M

Samsara Technical Analysis

• Technical Analysis Sentiment: Negative
• Last Price: 32.22
• 50DMA: Negative
• 100DMA: Negative
• 200DMA: Negative
• MACD: Positive
• RSI: Neutral
• STOCH: Positive

Evaluating momentum and price trends is crucial in stock analysis to make informed investment decisions. For IOT, the sentiment is Negative. The current price of 32.22 is below the 20-day moving average (MA) of 36.28, below the 50-day MA of 38.37, and below the 200-day MA of 44.06, indicating a bearish trend. The MACD of -1.71 indicates Positive momentum. The RSI at 38.18 is Neutral, neither overbought nor oversold. The STOCH value of 18.34 is Positive, not indicating any strong overbought or oversold conditions. Overall, these indicators collectively point to a Negative sentiment for IOT.

Samsara Peers Comparison

Name	Overall Rating	Market Cap	P/E Ratio	ROE	Dividend Yield	Revenue Growth	EPS Growth
CHKP	76 Outperform	$20.08B	24.15	30.30%	―	6.27%	7.14%
NET	75 Outperform	$68.09B	―	-11.04%	―	27.32%	-11.94%
ZS	73 Outperform	$42.19B	―	-2.68%	―	25.46%	49.20%
CYBR	70 Neutral	$21.09B	1,777.39	-10.35%	―	39.45%	-982.51%
OKTA	68 Neutral	$15.51B	137.57	2.08%	―	13.51%	―
IOT	66 Neutral	$18.34B	―	-11.77%	―	31.72%	57.55%
Sector *	61 Neutral	$36.30B	7.26	-7.27%	1.97%	7.74%	-7.92%

Samsara Corporate Events

Samsara Stockholders Approve Key Governance Proposals

On July 29, 2025, Samsara Inc. held its annual stockholders meeting where three key proposals were voted on. The stockholders elected nine directors to the board, ratified Deloitte & Touche LLP as the independent auditors for the fiscal year ending January 31, 2026, and approved the compensation for the company’s named executive officers. These decisions are pivotal for Samsara’s governance and financial oversight, potentially impacting its strategic direction and stakeholder confidence.

The most recent analyst rating on (IOT) stock is a Hold with a $56.00 price target. To see the full list of analyst forecasts on Samsara stock, see the IOT Stock Forecast page.