Samsara Inc (IOT) Tops Q1 EPS by 2c, Offers Guidance
FREE Breaking News Alerts from StreetInsider.com!
StreetInsider.com Top Tickers, 9/18/2026
- Wall St slips as higher Treasury yields weigh on sentiment
- Oil pares losses as market weighs Saudi supply concerns, Middle East tensions
- Warren Buffett transitions to Berkshire’s chairman emeritus
- Is the S&P 500 in an "earnings bubble"? Goldman weighs in
- Wells Fargo cuts Netflix rating on engagement risk, weak slate
RBC Capital Reiterates Outperform Rating on Samsara Inc (IOT)
June 7, 2024 6:20 AM EDTRBC Capital analyst Matthew Hedberg reiterated an Outperform rating and $47.00 price target on Samsara Inc (NYSE: IOT)
The analyst comments "Samsara delivered a strong start to the FY highlighted by +37% ARR growth that showed minimal deceleration from a strong Q4/24. We liked the ongoing large customer... More
Samsara Inc (IOT) PT Lowered to $40 at Evercore ISI
June 7, 2024 5:09 AM EDTEvercore ISI analyst Kirk Materne lowered the price target on Samsara Inc (NYSE: IOT) to $40.00 (from $41.00) while maintaining a In Line rating.
The analyst comments "IOT delivered another clean beat/raise against elevated expectations. While the 3% beat on revenue was a bit lower than prior quarters, we believe the long-term fundamentals remain intact and the company continues to grow net new ARR well above its peer group (+21% in... More
