Samsara Inc (NYSE:IOT) price on current trading day, rose 0.38% above its previous day’s close as an upside momentum from buyers pushed the stock’s value to $39.97.
A look at the stock’s price movement, the level at last check in today’s session was $39.82, moving within a range at $39.21 and $40.4. The beta value (5-Year monthly) was 1.632. Turning to its 52-week performance, $61.90 and $27.14 were the 52-week high and 52-week low respectively. Overall, IOT moved -32.06% over the past month.
Samsara Inc’s market cap currently stands at around $22.43 billion, with investors looking forward to this quarter’s earnings report slated for on 2025-Mar-05.
Analysts have a consensus estimate of 351.56M for the company’s revenue for the quarter, with a low and high estimate of 350.9M and 354.43M respectively. The average forecast suggests up to a 25.23% growth in sales growth compared to quarterly growth in the same period last fiscal year. Wall Street analysts have also projected the company’s year-on-year revenue to grow to 1.53B, representing a 22.68% jump on that reported in the last financial year.
Turning to the stock’s technical picture we see that short term indicators suggest on average that IOT is a 100% Sell. On the other hand, the stock is on average a Hold as suggested by medium term indicators while long term indicators are putting the stock in 50% Sell category.
10 analyst(s) have given their forecast ratings for the stock on a scale of 1.00-5.00 for a strong buy to strong sell recommendation. A total of 2 analyst(s) rate the stock as a Hold, 8 recommend IOT as a Buy and 0 give it an Overweight rating. Meanwhile, 0 analyst(s) rate the stock as Underweight and 0 say it is a Sell. As such, the average rating for the stock is Buy which could provide an opportunity for investors keen on increasing their holdings of the company’s stock.
IOT’s current price about -5.89% and -15.87% off the 20-day and 50-day simple moving averages respectively. The Relative Strength Index (RSI, 14) currently prints 40.29, while 7-day volatility ratio is 4.39% and 6.40% in the 30-day chart. Further, Samsara Inc (IOT) has a beta value of 1.69, and an average true range (ATR) of 2.47. Analysts have given the company’s stock an average 52-week price target of $51, forecast between a low of $42 and high of $63. Looking at the price targets, the low is -5.08% off recent price level in today’s trading while to achieve the yearly target high, it has to move -57.62%. Nonetheless, investors will most likely welcome a -27.6% jump to $51 which is the analysts’ median price.
If we refocus on Samsara Inc (NYSE:IOT), historical trading data shows that trading volumes averaged 7.09 over the past 10 days and 3.79 million over the past 3 months. The company’s latest data on shares outstanding shows there are 561.20 million shares.
The 55.47% of Samsara Inc’s shares are in the hands of company insiders while institutional holders own 40.07% of the company’s shares. Also important is the data on short interest which shows that short shares stood at 10.46 million on 2025-02-28, giving us a short ratio of 3.09. The data shows that as of 2025-02-28 short interest in Samsara Inc (IOT) stood at 444.99997 of shares outstanding, with shares short falling to 10.9 million registered in 2025-01-31. Current price change has pushed the stock -8.51% YTD, which shows the potential for further growth is there. It is this reason that could see investor optimism for the IOT stock continues to rise going into the next quarter.
