Samsara Inc. (IOT) shares fell 6.56% as the stock crossed below its 5-day SMA, reflecting broader market weakness with the Nasdaq-100 down 1.51% and S&P 500 down 1.35%.
BNP Paribas upgraded Samsara's rating from Neutral to Outperform with a $40 price target, citing improved risk/reward dynamics. Analyst Andrew DeGasperi noted that demand for Samsara's technology has stabilized significantly, indicating robust market interest despite extended sales cycles due to tariffs. The analyst also highlighted the company's competitive advantage and revenue growth outlook, projecting a mid-high 20% growth rate in annual recurring revenue.
The upgrade from BNP Paribas may provide a catalyst for recovery, as analysts express bullish sentiment towards Samsara's stock, suggesting potential upside if the company can maintain its growth trajectory.
Wall Street analysts forecast IOT stock price to rise over the next 12 months. According to Wall Street analysts, the average 1-year price target for IOT is 50.54 USD with a low forecast of 39.00 USD and a high forecast of 57.00 USD. However, analyst price targets are subjective and often lag stock prices, so investors should focus on the objective reasons behind analyst rating changes, which better reflect the company's fundamentals.
14 Analyst Rating
Wall Street analysts forecast IOT stock price to rise over the next 12 months. According to Wall Street analysts, the average 1-year price target for IOT is 50.54 USD with a low forecast of 39.00 USD and a high forecast of 57.00 USD. However, analyst price targets are subjective and often lag stock prices, so investors should focus on the objective reasons behind analyst rating changes, which better reflect the company's fundamentals.
11 Buy
3 Hold
0 Sell
Strong Buy
Current: 30.120
Low
39.00
Averages
50.54
High
57.00
Current: 30.120
Low
39.00
Averages
50.54
High
57.00
RBC Capital
Outperform
to
NULL
downgrade
$50 -> $46
2026-01-05
Reason
RBC Capital
Price Target
$50 -> $46
AI Analysis
2026-01-05
downgrade
Outperform
to
NULL
Reason
RBC Capital lowered the firm's price target on Samsara to $46 from $50 and keeps an Outperform rating on the shares. 2026 is likely to be a year when AI tailwinds become more evident for companies well positioned for enterprise AI adoption, while less prepared peers may remain pressured by the "AI is the death of software" narrative, the analyst tells investors in a research note. Enterprise spending appears to be stabilizing and improving in select areas, with GenAI driving innovation even as management teams remain conservative in early 2026 guidance, the firm says.
BTIG
initiated
$55
2025-12-16
Reason
BTIG
Price Target
$55
2025-12-16
initiated
Reason
BTIG initiated coverage of Samsara with a Buy rating and $55 price target.
Unlock Full Analyst Thesis， Get the complete breakdown of rating reason for IOT
Unlock Now
BTIG
NULL -> Buy
initiated
$55
2025-12-16
Reason
BTIG
Price Target
$55
2025-12-16
initiated
NULL -> Buy
Reason
BTIG initiated coverage of Samsara with a Buy rating and $55 price target. Samsara has remained one of the fastest-growing software companies despite scaling to $1.7B in annual recurring revenue, the analyst tells investors in a research note. Ultimately, Samsara is the leader in a highly attractive end-market tethered to operational budgets, has continued to gain market share, and with a significantly sized total addressable market, the firm sees durable and efficient growth continuing over the medium term, BTIG added.
KeyBanc
Jason Celino
Overweight
initiated
$55
2025-12-10
Reason
KeyBanc
Jason Celino
Price Target
$55
2025-12-10
initiated
Overweight
Reason
KeyBanc analyst Jason Celino last night initiated coverage of Samsara with an Overweight rating and $55 price target. The firm believes Samsara's end-to-end platform for operations is well positioned to address the $45 trillion "physical operations" industry. Samsara has "multiple avenues" to pursue and sustain premium growth for the long-term, the analyst tells investors in a research note. KeyBanc views the stock's current valuation discount to peers as warranted given Samsara's ability to sustain premium growth.
About IOT
Samsara Inc. operates a Connected Operations Platform, which enables organizations that depend on physical operations to harness Internet of Things (IoT) data to develop actionable insights and improve their operations. The Company’s Connected Operations Platform includes its Data Platform, which ingests, aggregates, and enriches data from its IoT devices and an ecosystem of connected assets and third-party systems, and which has embedded capabilities for artificial intelligence (AI), workflows and analytics, alerts, application programming interface (API) connections, and data security and privacy; and applications for video-based safety, vehicle telematics, workforce apps, equipment monitoring, and site visibility. Its video-based safety enables customers to build a safety program and protect their teams with AI-enabled video. It serves organizations across construction, transportation and warehousing, field services, manufacturing, retail, logistics, and the public sector.
About the author
Emily J. Thompson
Emily J. Thompson, a Chartered Financial Analyst (CFA) with 12 years in investment research, graduated with honors from the Wharton School. Specializing in industrial and technology stocks, she provides in-depth analysis for Intellectia’s earnings and market brief reports.
