Piper Sandler slashes price target on Samsara Inc [IOT] – find out why.

Samsara Inc [NYSE: IOT] stock went on a downward path that fall over -0.08% on Tuesday, amounting to a one-week price decrease of less than -4.78%.

Over the last 12 months, IOT stock rose by 14.38%. The one-year Samsara Inc stock forecast points to a potential upside of 26.18. The average equity rating for IOT stock is currently 1.81, trading closer to a bullish pattern in the stock market.

The market cap for the stock reached $20.19 billion, with 295.84 million shares outstanding and 277.70 million shares in the current float. Compared to the average trading volume of 4.66M shares, IOT stock reached a trading volume of 6644251 in the most recent trading day, which is why market watchdogs consider the stock to be active.

Guru’s Opinion on Samsara Inc [IOT]:

Based on careful and fact-backed analyses by Wall Street experts, the current consensus on the target price for IOT shares is $48.05 per share. Analysis on target price and performance of stocks is usually carefully studied by market experts, and the current Wall Street consensus on IOT stock is a recommendation set at 1.81. This rating represents a strong Buy recommendation, on the scale from 1 to 5, where 5 would mean strong sell, 4 represents Sell, 3 is Hold, and 2 indicates Buy.

Piper Sandler have made an estimate for Samsara Inc shares, keeping their opinion on the stock as Overweight, with their previous recommendation back on March 10, 2025. The new note on the price target was released on March 10, 2025, representing the official price target for Samsara Inc stock. Previously, the target price had yet another drop from $57 to $48, while BMO Capital Markets kept a Market Perform rating on IOT stock.

The Average True Range (ATR) for Samsara Inc is set at 2.34, with the Price to Sales ratio for IOT stock in the period of the last 12 months amounting to 16.17. The Price to Book ratio for the last quarter was 18.77, with the Price to Cash per share for the same quarter was set at 1.22. Price to Free Cash Flow for IOT in the course of the last twelve months was 181.14 with Quick ratio for the last quarter at 1.30.

IOT Stock Performance Analysis:

Samsara Inc [IOT] fell into the red zone at the end of the last week, falling into a negative trend and dropping by -4.78. With this latest performance, IOT shares dropped by -11.68% in over the last four-week period, additionally sinking by -27.86% over the last 6 months – not to mention a rise of 14.38% in the past year of trading.

Overbought and oversold stocks can be easily traced with the Relative Strength Index (RSI), where an RSI result of over 70 would be overbought, and any rate below 30 would indicate oversold conditions. An RSI rate of 50 would represent a neutral market momentum. The current RSI for IOT stock in for the last two-week period is set at 40.51, with the RSI for the last a single of trading hit 39.58, and the three-weeks RSI is set at 40.80 for Samsara Inc [IOT]. The present Moving Average for the last 50 days of trading for this stock 42.79, while it was recorded at 37.20 for the last single week of trading, and 44.91 for the last 200 days.

Insight into Samsara Inc Fundamentals:

Samsara Inc’s liquidity data is similarly interesting compelling, with a Quick Ratio of 1.30 and a Current Ratio set at 1.35.

IOT Stock EPS

The progress of the company may be observed through the prism of EPS growth rate, while Wall Street analysts are focusing on predicting the 5-year EPS growth rate for IOT. When it comes to the mentioned value, analysts are expecting to see the 5-year EPS growth rate for Samsara Inc go to 33.72%.

Samsara Inc [IOT] Institutonal Ownership Details

There are presently around $86.87%, or 89.99%% of IOT stock, in the hands of institutional investors. The top three institutional holders of IOT stocks are: BAILLIE GIFFORD & CO with ownership of 27.43 million shares, which is approximately 4.9526%. GENERAL CATALYST GROUP MANAGEMENT, LLC, holding 26.3 million shares of the stock with an approximate value of $$886.21 million in IOT stocks shares; and GENERAL CATALYST GROUP MANAGEMENT, LLC, currently with $$647.41 million in IOT stock with ownership which is approximately 3.4682%.