IOT Should I Buy
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Samsara Inc. (IOT) is not a strong buy at the moment for a beginner investor with a long-term strategy and $50,000-$100,000 available for investment. While the company has strong growth prospects and positive analyst sentiment, the recent financial performance, bearish technical indicators, and lack of significant trading signals suggest waiting for a clearer entry point.
The technical indicators are mixed to bearish. The MACD is positive and expanding, indicating potential upward momentum, but the RSI is neutral at 41.862, and the moving averages are bearish (SMA_200 > SMA_20 > SMA_5). Key support and resistance levels suggest the stock is trading near its pivot point of 26.251, with resistance at 28.409 and support at 24.093.
Analysts remain optimistic, with multiple Buy ratings and price targets ranging from $35 to $55, indicating potential upside.
The company is positioned as a leader in digitizing physical operations, with a large total addressable market and strong growth potential.
Revenue increased by 29.19% YoY in the latest quarter.
Net income dropped significantly by -120.54% YoY, and EPS declined by -114.29% YoY, reflecting profitability concerns.
The stock's bearish moving averages and neutral RSI suggest limited short-term momentum.
No significant hedge fund or insider trading trends, and no recent congress trading data to support sentiment.
In Q3 2026, revenue increased by 29.19% YoY to $415.98M, showing strong top-line growth. However, net income dropped significantly by -120.54% YoY to $7.77M, and EPS declined by -114.29% YoY to $0.01, indicating profitability challenges. Gross margin improved slightly to 76.69%, up 0.39% YoY.
Analysts are generally positive on Samsara, with multiple Buy ratings and price targets ranging from $35 to $55. Goldman Sachs views the company as one of the most defensible growth assets in software, while Piper Sandler and RBC Capital highlight its potential for mid-20s growth and AI monetization. However, some price targets have been lowered recently due to broader software sector sentiment and multiple compression.
