In today’s recent session, 2.01 million shares of the Samsara Inc (NYSE:IOT) have been traded, and its beta is 1.73. Most recently the company’s share price was $39.38, and it changed around $0.17 or 0.43% from the last close, which brings the market valuation of the company to $22.42B. IOT at last check was trading at a discount to its 52-week high of $61.90, offering almost -57.19% off that amount. The share price’s 52-week low was $27.14, which indicates that the recent value has risen by an impressive 31.08% since then.
Samsara Inc stock received a consensus recommendation rating of Buy, based on a mean score of 1.77. If we narrow it down even further, the data shows that 0 out of 21 analysts rate the stock as a Sell; another 5 rate it as Overweight. Among the rest, 8 recommended IOT as a Hold, whereas 8 deemed it a Buy, and 0 rated it as Underweight.
Samsara Inc (NYSE:IOT) trade information
Instantly IOT has been showing a green trend so far today with a performance of 0.43% on intraday trading today. The performance over the last five days has remained in the red territory. The rise to weekly highs of 42.89 on recent trading dayincreased the stock’s daily price by 8.18%. The company’s shares are currently down -9.86% year-to-date, but still down -11.88% over the last five days. On the other hand, Samsara Inc (NYSE:IOT) is -16.09% down in the 30-day period.
The consensus price target as assigned by Wall Street analysts is $50, which translates to bulls needing to increase their stock price by 21.24% from its current value. Analyst projections state that IOT is forecast to be at a low of $42 and a high of $57.
Looking at the company’s year-over-year earnings, the past five years showed a positive earnings growth rate of 9.16%. Samsara Inc earnings are expected to increase by 54.86% in 2025, but the outlook is positive 35.63% per year for the next five years.
IOT Dividends
Samsara Inc’s next quarterly earnings report is expected to be released in July.
GENERAL CATALYST GROUP MANAGEMENT, LLC, with 4.7475% or 26.3 million shares worth $886.21 million as of 2024-06-30, holds the second largest percentage of outstanding shares.
