Samsara Inc. (IOT - Free Report) closed the last trading session at $31.49, gaining 8.7% over the past four weeks, but there could be plenty of upside left in the stock if short-term price targets set by Wall Street analysts are any guide. The mean price target of $43.1 indicates a 36.9% upside potential.
The average comprises 20 short-term price targets ranging from a low of $30.00 to a high of $50.00, with a standard deviation of $4.64. While the lowest estimate indicates a decline of 4.7% from the current price level, the most optimistic estimate points to a 58.8% upside. More than the range, one should note the standard deviation here, as it helps understand the variability of the estimates. The smaller the standard deviation, the greater the agreement among analysts.
While the consensus price target is a much-coveted metric for investors, solely banking on this metric to make an investment decision may not be wise at all. That's because the ability and unbiasedness of analysts in setting price targets have long been questionable.
However, an impressive consensus price target is not the only factor that indicates a potential upside in IOT. This view is strengthened by the agreement among analysts that the company will report better earnings than what they estimated earlier. Though a positive trend in earnings estimate revisions doesn't give any idea as to how much the stock could surge, it has proven effective in predicting an upside.
Price, Consensus and EPS Surprise
Here's What You Should Know About Analysts' Price TargetsAccording to researchers at several universities across the globe, a price target is one of many pieces of information about a stock that misleads investors far more often than it guides. In fact, empirical research shows that price targets set by several analysts, irrespective of the extent of agreement, rarely indicate where the price of a stock could actually be heading.
While Wall Street analysts have deep knowledge of a company's fundamentals and the sensitivity of its business to economic and industry issues, many of them tend to set overly optimistic price targets. Are you wondering why?
They usually do that to drum up interest in shares of companies that their firms either have existing business relationships with or are looking to be associated with. In other words, business incentives of firms covering a stock often result in inflated price targets set by analysts.
However, a tight clustering of price targets, which is represented by a low standard deviation, indicates that analysts have a high degree of agreement about the direction and magnitude of a stock's price movement. While that doesn't necessarily mean the stock will hit the average price target, it could be a good starting point for further research aimed at identifying the potential fundamental driving forces.
That said, while investors should not entirely ignore price targets, making an investment decision solely based on them could lead to disappointing ROI. So, price targets should always be treated with a high degree of skepticism.
Why IOT Could Witness a Solid UpsideAnalysts' growing optimism over the company's earnings prospects, as indicated by strong agreement among them in revising EPS estimates higher, could be a legitimate reason to expect an upside in the stock. That's because empirical research shows a strong correlation between trends in earnings estimate revisions and near-term stock price movements.
For the current year, one estimate has moved higher over the last 30 days compared to no negative revision. As a result, the Zacks Consensus Estimate has increased 4.4%.
Moreover, IOT currently has a Zacks Rank #2 (Buy), which means it is in the top 20% of more than 4,000 stocks that we rank based on four factors related to earnings estimates. Given an impressive externally-audited track record, this is a more conclusive indication of the stock's potential upside in the near term. You can see the complete list of today's Zacks Rank #1 (Strong Buy) stocks here >>>> .
Therefore, while the consensus price target may not be a reliable indicator of how much IOT could gain, the direction of price movement it implies does appear to be a good guide.
In the latest trading session, Samsara Inc. (IOT - Free Report) closed at $31.49, marking a -5.52% move from the previous day. The stock's change was less than the S&P 500's daily loss of 1.21%. Meanwhile, the Dow experienced a drop of 0.97%, and the technology-dominated Nasdaq saw a decrease of 2.15%.
The company's shares have seen an increase of 6.69% over the last month, surpassing the Computer and Technology sector's loss of 4.58% and the S&P 500's gain of 0.42%.
Investors will be eagerly watching for the performance of Samsara Inc. in its upcoming earnings disclosure. The company is expected to report EPS of $0.17, up 41.67% from the prior-year quarter. Meanwhile, the Zacks Consensus Estimate for revenue is projecting net sales of $483.23 million, up 23.44% from the year-ago period.
Looking at the full year, the Zacks Consensus Estimates suggest analysts are expecting earnings of $0.75 per share and revenue of $2.01 billion. These totals would mark changes of +33.93% and +24.23%, respectively, from last year.
Investors should also take note of any recent adjustments to analyst estimates for Samsara Inc. These revisions typically reflect the latest short-term business trends, which can change frequently. With this in mind, we can consider positive estimate revisions a sign of optimism about the business outlook.
Our research suggests that these changes in estimates have a direct relationship with upcoming stock price performance. Investors can capitalize on this by using the Zacks Rank. This model considers these estimate changes and provides a simple, actionable rating system.
The Zacks Rank system, running from #1 (Strong Buy) to #5 (Strong Sell), holds an admirable track record of superior performance, independently audited, with #1 stocks contributing an average annual return of +25% since 1988. Over the last 30 days, the Zacks Consensus EPS estimate has remained unchanged. Samsara Inc. is currently a Zacks Rank #2 (Buy).
In the context of valuation, Samsara Inc. is at present trading with a Forward P/E ratio of 44.44. This valuation marks a premium compared to its industry average Forward P/E of 18.63.
It is also worth noting that IOT currently has a PEG ratio of 1.54. The PEG ratio is similar to the widely-used P/E ratio, but this metric also takes the company's expected earnings growth rate into account. The Internet - Software industry had an average PEG ratio of 1.01 as trading concluded yesterday.
The Internet - Software industry is part of the Computer and Technology sector. This industry currently has a Zacks Industry Rank of 152, which puts it in the bottom 39% of all 250+ industries.
The Zacks Industry Rank evaluates the power of our distinct industry groups by determining the average Zacks Rank of the individual stocks forming the groups. Our research shows that the top 50% rated industries outperform the bottom half by a factor of 2 to 1.
Make sure to utilize Zacks.com to follow all of these stock-moving metrics, and more, in the coming trading sessions.
Taking full advantage of the stock market and investing with confidence are common goals for new and old investors, and Zacks Premium offers many different ways to do both.
The popular research service can help you become a smarter, more self-assured investor, giving you access to daily updates of the Zacks Rank and Zacks Industry Rank, the Zacks #1 Rank List, Equity Research reports, and Premium stock screens.
Zacks Premium also includes the Zacks Style Scores.
What are the Zacks Style Scores? The Zacks Style Scores, developed alongside the Zacks Rank, are complementary indicators that rate stocks based on three widely-followed investing methodologies; they also help investors pick stocks with the best chances of beating the market over the next 30 days.
Each stock is assigned a rating of A, B, C, D, or F based on their value, growth, and momentum characteristics. Just like in school, an A is better than a B, a B is better than a C, and so on -- that means the better the score, the better chance the stock will outperform.
The Style Scores are broken down into four categories:
Value ScoreValue investors love finding good stocks at good prices, especially before the broader market catches on to a stock's true value. Utilizing ratios like P/E, PEG, Price/Sales, Price/Cash Flow, and many other multiples, the Value Style Score identifies the most attractive and most discounted stocks.
Growth ScoreWhile good value is important, growth investors are more focused on a company's financial strength and health, and its future outlook. The Growth Style Score takes projected and historic earnings, sales, and cash flow into account to uncover stocks that will see long-term, sustainable growth.
Momentum ScoreMomentum traders and investors live by the saying "the trend is your friend." This investing style is all about taking advantage of upward or downward trends in a stock's price or earnings outlook. Employing factors like one-week price change and the monthly percentage change in earnings estimates, the Momentum Style Score can indicate favorable times to build a position in high-momentum stocks.
VGM ScoreIf you want a combination of all three Style Scores, then the VGM Score will be your friend. It rates each stock on their combined weighted styles, helping you find the companies with the most attractive value, best growth forecast, and most promising momentum. It's also one of the best indicators to use with the Zacks Rank.
How Style Scores Work with the Zacks Rank The Zacks Rank is a proprietary stock-rating model that harnesses the power of earnings estimate revisions, or changes to a company's earnings expectations, to help investors build a successful portfolio.
Investors can count on the Zacks Rank's success, with #1 (Strong Buy) stocks producing an unmatched +23.94% average annual return since 1988, more than double the S&P 500's performance. But the model rates a large number of stocks, and there are over 200 companies with a Strong Buy rank, plus another 600 with a #2 (Buy) rank, on any given day.
With more than 800 top-rated stocks to choose from, it can certainly feel overwhelming to pick the ones that are right for you and your investing journey.
That's where the Style Scores come in.
To maximize your returns, you want to buy stocks with the highest probability of success. This means picking stocks with a Zacks Rank #1 or #2 that also have Style Scores of A or B. If you find yourself looking at stocks with a #3 (Hold) rank, make sure they have Scores of A or B as well to ensure as much upside potential as possible.
As mentioned above, the Scores are designed to work with the Zacks Rank, so any change to a company's earnings outlook should be a deciding factor when picking which stocks to buy.
A stock with a #4 (Sell) or #5 (Strong Sell) rating, for instance, even one with Scores of A and B, will still have a declining earnings forecast, and a greater chance its share price will fall too.
Thus, the more stocks you own with a #1 or #2 Rank and Scores of A or B, the better.
Stock to Watch: Samsara Inc. (IOT - Free Report) Samsara provides a cloud-based Connected Operations Platform that enables organizations with physical operations to increase safety, efficiency, and sustainability. The platform unifies data from Internet-connected devices, third-party systems, and enterprise applications, delivering insights through a web dashboard, mobile apps, alerts, and automated workflows.
IOT is a #2 (Buy) on the Zacks Rank, with a VGM Score of B.
Momentum investors should take note of this Computer and Technology stock. IOT has a Momentum Style Score of B, and shares are up 6.7% over the past four weeks.
Five analysts revised their earnings estimate upwards in the last 60 days for fiscal 2027. The Zacks Consensus Estimate has increased $0.06 to $0.75 per share. IOT boasts an average earnings surprise of +41.4%.
With a solid Zacks Rank and top-tier Momentum and VGM Style Scores, IOT should be on investors' short list.
Samsara NYSE: IOT stockholders approved all three proposals presented at the company's fiscal 2027 annual meeting, including the election of eight directors, ratification of the company's auditor and advisory approval of executive compensation, according to preliminary voting results announced during the meeting.
SAN FRANCISCO--(BUSINESS WIRE)--Samsara Inc. (“Samsara”) (NYSE: IOT), the pioneer of the Connected Operations® Platform, today introduced a new brand identity, the company's first major visual update since its founding. Built alongside customers and grounded in the world in which they operate, the new brand reflects a decade of work to bring AI-driven products to the physical world. Over the past decade, Samsara has evolved from a telematics solution into the AI orchestration layer for industri.
SummarySamsara maintains a Buy rating after robust Q1 results and a successful Investor Day, with price targets of $52 (base) and $61 (bull).Net new ARR grew 30% YoY, large customer momentum remains strong, and margins continue expanding despite modest gross margin pressure from AI/cloud investments.IOT's proprietary data moat and scaled hardware network underpin new product launches—Tracking Label, Waste Intelligence, and Ground Intelligence—unlocking fresh TAM and high-margin opportunities.With only ~1% TAM penetration and 6% core customer reach, IOT's growth runway remains substantial barring macro or execution risks.metamorworks/iStock via Getty Images
Investment Thesis In my debut article for Samsara (IOT) published two months ago (recommended read before this one), I laid out my thesis on the company: Samsara was down ~50% from its all-time high despite the previous Q4 FY26
144 Followers
Analyst’s Disclosure: I/we have a beneficial long position in the shares of IOT either through stock ownership, options, or other derivatives. I wrote this article myself, and it expresses my own opinions. I am not receiving compensation for it (other than from Seeking Alpha). I have no business relationship with any company whose stock is mentioned in this article.
Seeking Alpha's Disclosure: Past performance is no guarantee of future results. No recommendation or advice is being given as to whether any investment is suitable for a particular investor. Any views or opinions expressed above may not reflect those of Seeking Alpha as a whole. Seeking Alpha is not a licensed securities dealer, broker or US investment adviser or investment bank. Our analysts are third party authors that include both professional investors and individual investors who may not be licensed or certified by any institute or regulatory body.
In the latest close session, Samsara Inc. (IOT - Free Report) was up +2.3% at $38.32. The stock exceeded the S&P 500, which registered a loss of 1.01% for the day. On the other hand, the Dow registered a loss of 0.77%, and the technology-centric Nasdaq decreased by 1.4%.
Shares of the company have appreciated by 18.21% over the course of the past month, outperforming the Computer and Technology sector's loss of 3.73%, and the S&P 500's gain of 0.32%.
The investment community will be closely monitoring the performance of Samsara Inc. in its forthcoming earnings report. The company's earnings per share (EPS) are projected to be $0.17, reflecting a 41.67% increase from the same quarter last year. In the meantime, our current consensus estimate forecasts the revenue to be $482.47 million, indicating a 23.24% growth compared to the corresponding quarter of the prior year.
For the full year, the Zacks Consensus Estimates are projecting earnings of $0.75 per share and revenue of $2 billion, which would represent changes of +33.93% and +23.81%, respectively, from the prior year.
Additionally, investors should keep an eye on any recent revisions to analyst forecasts for Samsara Inc. Such recent modifications usually signify the changing landscape of near-term business trends. As a result, we can interpret positive estimate revisions as a good sign for the business outlook.
Our research shows that these estimate changes are directly correlated with near-term stock prices. To benefit from this, we have developed the Zacks Rank, a proprietary model which takes these estimate changes into account and provides an actionable rating system.
The Zacks Rank system, stretching from #1 (Strong Buy) to #5 (Strong Sell), has a noteworthy track record of outperforming, validated by third-party audits, with stocks rated #1 producing an average annual return of +25% since the year 1988. Over the last 30 days, the Zacks Consensus EPS estimate has witnessed an unchanged state. Samsara Inc. is holding a Zacks Rank of #2 (Buy) right now.
From a valuation perspective, Samsara Inc. is currently exchanging hands at a Forward P/E ratio of 49.95. This denotes a premium relative to the industry average Forward P/E of 20.37.
We can also see that IOT currently has a PEG ratio of 1.73. Comparable to the widely accepted P/E ratio, the PEG ratio also accounts for the company's projected earnings growth. IOT's industry had an average PEG ratio of 1.11 as of yesterday's close.
The Internet - Software industry is part of the Computer and Technology sector. With its current Zacks Industry Rank of 86, this industry ranks in the top 35% of all industries, numbering over 250.
The Zacks Industry Rank assesses the vigor of our specific industry groups by computing the average Zacks Rank of the individual stocks incorporated in the groups. Our research shows that the top 50% rated industries outperform the bottom half by a factor of 2 to 1.
Don't forget to use Zacks.com to keep track of all these stock-moving metrics, and others, in the upcoming trading sessions.
TORONTO--(BUSINESS WIRE)--Samsara (NYSE: IOT), the pioneer of the Connected Operations® Platform, today released its 2026 State of Connected Operations (SOCO) Asset Theft & Loss Report, Quantifying the Hidden Cost of Asset Invisibility. The report finds that equipment theft and loss is not just a replacement-cost problem—it's an CAD $18M annual operational drain for mid-size organizations (majority between CAD $340M and
HomeIndustriesSoftwareTech StocksTech StocksAn Evercore analyst notes that infrastructure software stocks have vastly outperformed application names. But there’s still hope for companies like Salesforce.July 6, 2026, 1:21 p.m. ET
It’s not all doom and gloom in the software sector, as some high-profile stocks have posted standout gains this year while their peers languish.
Evercore ISI analyst Kirk Materne believes the divergent performances relate to how various companies are looking to monetize artificial intelligence.
Software concern Samsara Inc (NYSE:IOT) is trading 5.1% lower at $29.64 at last glance, adding to its extensive pullback from its early June 2026 high. In the month of June, IOT has suffered a loss in 14 of its 18 sessions. This week the shares broke below the 80-day moving average, adding to its 16% year-to-date deficit. All is not lost, however, as a historic bull signal is now flashing on the data operations stock.
IOT sports a 10-day put/call volume ratio of 1.93 at the International Securities Exchange (ISE), Cboe Options Exchange (CBOE), and NASDAQ OMX PHLX (PHLX) that stands higher than 92% of readings from the past year.
There has been eight instances in the last three years that the equity's 10-day buy-to-open put/call ratio crossed over 1.0 and hit the 90th percentile. Per Schaeffer's Senior Quantitative Analyst Rocky White, IOT was higher one month later 63% of the time after these signals with an average 8.2% return. From its current perch, this would put the stock back near $32.
A short squeeze could keep the wind at the equity's back. Short interest increased by 15% in the most recent reporting period, and the 41.26 million shares sold short account for 11.5% of IOT's total available float. At the stock's average pace of trading, it would take shorts almost seven trading days to buy back their bearish bets.
Options look like an affordable route. Samsara stock's Schaeffer's Volatility Index (SVI) of 63% sits in the 32nd percentile of its annual range, meaning near-term option traders are pricing in relatively low volatility expectations.
Samsara Inc. (IOT) Analyst/Investor Day June 24, 2026 5:30 PM EDT
Company Participants
Mike Chang - Vice President of Corporate Development & Investor Relations
Sanjit Biswas - Co-Founder, CEO & Chairman
Johan Land - Executive VP & Chief Product Officer
David Gal
Amit Vyas - Chief Revenue Officer
Dominic Phillips - Executive VP & CFO
Conference Call Participants
Eric Amlee
Thomas Olitsky
Eric Amlee
Michael Turrin - Wells Fargo Securities, LLC, Research Division
Aleksandr Zukin - Wolfe Research, LLC
S. Kirk Materne - Evercore ISI Institutional Equities, Research Division
Jason Celino - KeyBanc Capital Markets Inc., Research Division
Andrew DeGasperi - BNP Paribas, Research Division
Christopher Quintero - Morgan Stanley, Research Division
Daniel Jester - BMO Capital Markets Equity Research
Dylan Becker - William Blair & Company L.L.C., Research Division
Alexander Sklar - Raymond James & Associates, Inc., Research Division
Mark Schappel - Loop Capital Markets LLC, Research Division
Mike Richards
Presentation
Mike Chang
Vice President of Corporate Development & Investor Relations
All right. Good afternoon, and welcome to Samsara's Investor Day. My name is Mike Chang, and I'm SVP of Finance here at Samsara. And first off, just thank you all for making the journey out here to a very, very hot Las Vegas to join us in person. And it's amazing to see so many familiar faces in the audience. And for those who are joining virtually, it's great to have you on as well.
We have an awesome, awesome agenda pack for you today. We have about 2.5 hours full of content, and we're going to talk about how we're bringing AI to the world of physical operations.
Before we get it started, there are a few housekeeping items. The key 2 things is, first, we're going to be assessing forward-looking metrics during today's presentation. These should be taken in addition to -- sorry, these statements contain risks and uncertainties, and these are detailed further in SEC filings and our Investor Relations website. Second, we'll
Samsara Introduces 360 Camera for Operated Equipment and Expands AI Multicam and Two-Way Voice Capabilities through the Dash Cam Samsara Inc. (“Samsara”) (NYSE: IOT), the pioneer of the Connected Operations® Platform, today introduced the Samsara 360 Camera, new AI Multicam capabilities, and two-way voice capabilities through the dash cam for road fleets—expanding real-time visibility for fleets and field teams.
This press release features multimedia. View the full release here: https://www.businesswire.com/news/home/20260624036653/en/
Samsara Birds Eye View
Operated equipment operations and field teams have long dealt with limited visibility. A forklift in a warehouse, a baggage tug on the ramp, an excavator on a job site: these machines move in high-density, high-consequence environments where blind spots are unavoidable, and incidents are costly. At the same time, road fleets face their own persistent challenge: the moments of highest risk, reversing, lane changes, and tight maneuvering, are often the hardest for drivers to see through. Samsara’s new hardware and AI capabilities are designed to close both gaps.
“By combining the power to see everything with the automation to act on it, we are shifting into the next gear on safety,” said Johan Land, Chief Product Officer at Samsara. “The 360 Camera brings first-to-market visibility to operated equipment, AI Multicam gives road fleet drivers sharper awareness of what surrounds them, and two-way voice means the AI can respond the moment a question arises. Millions of frontline workers show up every day to keep our world running, and we are fully committed to helping get every one of them home safely.”
The First 360-Degree Camera Built for Operated Equipment
Construction sites, warehouses, mines, and airports are among the most demanding environments in physical operations. Frontline workers on these job-sites are required to use heavy, risky equipment such as excavators, forklifts, baggage tugs, and pushbacks with open cabs — yet until now, none of them had a camera system built for the job. Without proper views of their surroundings and access to footage from on the ground, incident investigations stalled, liability was disputed, and the same unsafe behaviors were repeated.
Samsara’s 360 Camera changes that: a single-module camera capturing a full 360-degree view from one mount point and an interactive pan and zoom. Now, equipment operators can see potential risks in real-time and safety managers can examine any angle of a recorded event in detail. Built to withstand harsh weather and rough operating conditions, it gives teams the evidence they need to move from incident report to root cause in minutes rather than days.
“Safety on the ramp has always been our top priority, and Samsara has been a true partner in helping us raise the bar,” said Mehdi Jnah, Director of Ground Support Equipment, Alaska Airlines. “Their AI dash cams gave us something we never had before — real-time alerts and video footage to protect our crews. With the 360 Camera, we extend safety to every type of ground service equipment on the ramp. Baggage tractors, tugs, pushbacks — each with its own unique demands and operating procedures. Now, not only can we see it all, we have real-time access to the evidence we need to move from incident report to root cause in minutes. We believe this kind of innovation has the potential to transform ramp safety across the entire industry.”
New AI Multicam Capabilities Give Road Fleets a Sharper View
Reversing, changing lanes, and navigating tight spaces are the moments of highest contact risk for road fleets — and the moments where drivers have the least information about what surrounds them. Samsara is expanding its AI Multicam system with new capabilities designed to close that gap:
Bird’s Eye View. Drivers can now configure a top-down, 360-degree composite view of their immediate surroundings using AI Multicam, giving them a clear picture during maneuvers that carry the highest contact risk — maneuvering crowded yards, navigating narrow spaces, and making tight turns where large vehicles have the widest blind spots. This is especially valuable for vehicles like school buses, garbage trucks, yellow iron, and box trucks. Rear Collision Warning and Vehicle in Blind Spot Detection. Building on AI Multicam’s existing in-cab visibility, Rear Collision Warning and Vehicle in Blind Spot Detection deliver dynamic audio and visual alerts when reversing or changing lanes — running at the edge, on the device, so warnings reach drivers in the moment rather than after it. Two-Way AI Conversations Put Safety Response Directly in the Cab
The dash cam is no longer a one-way device. With two-way voice, Samsara AI and managers can converse with drivers in the moment. When a driver crosses into a geofenced area, AI engages the driver through the dash cam, flagging critical road information such as a lower speed limit, a parking restriction, or a known towing risk, all without a dispatcher placing a call. And when a person needs to step in, managers can initiate a call through the same channel — a direct line that doesn't depend on a phone, a charged battery, or a cell signal. The same goes for drivers, who can send their manager a message through the dash cam to alert them to conditions such as severe weather or driving delays.
“We tried contacting a driver in his truck via phone, but were unable to reach him. I then used the dash camera to contact him and connected successfully. The driver mentioned that his phone lost battery. It’s this kind of technology that helps ensure our drivers stay safe,” said Otis Anderson, Safety Compliance Analyst, Jordan Carriers.
Watch the demo of the AI camera suite. Learn more about Samsara’s latest innovations in physical operations, including:
The new Tracking Label for supply chain visibility. The new Agent Studio and agentic AI capabilities. See the full set of announcements on the Samsara blog. Follow Beyond 2026 news and developments on Samsara's LinkedIn and X pages, or by using the #SamsaraBeyond hashtag.
About Samsara
Samsara (NYSE: IOT) is the pioneer of the Connected Operations® Platform, which is an open platform that connects the people, devices, and systems of some of the world’s most complex operations, allowing them to develop actionable insights and improve their operations. With tens of thousands of customers across North America and Europe, Samsara is a proud technology partner to the people who keep our global economy running, including the world’s leading organizations across industries in transportation, construction, wholesale and retail trade, field services, logistics, manufacturing, utilities and energy, government, healthcare and education, food and beverage, and others. The company’s mission is to increase the safety, efficiency, and sustainability of the operations that power the global economy.
Samsara is a registered trademark of Samsara Inc. All other brand names, product names, or trademarks belong to their respective holders.
View source version on businesswire.com: https://www.businesswire.com/news/home/20260624036653/en/
Samsara Inc. (“Samsara”) (NYSE: IOT), the pioneer of the Connected Operations® Platform, today announced the launch of new agentic tools that help teams automate monotonous tasks, reduce manual work, and respond faster across their operations. The new capabilities include a first-of-its-kind Agent Studio designed for physical operations that lets teams leverage pre-configured agents or build their own from scratch.
This press release features multimedia. View the full release here: https://www.businesswire.com/news/home/20260624557769/en/
“Samsara has spent the last 10 years deeply embedded in the world's most complex physical operations, giving us unprecedented visibility into what’s happening on the ground,” said Johan Land, Chief Product Officer at Samsara. “In 2025 alone, we captured 25 trillion data points across the Samsara Network across vehicles, equipment, worksites, and operations. Now, customers can act on this insight by leveraging Samsara’s platform to fully automate workflows without extensive IT expertise.”
The Agent Studio serves as the control center where customers can set up and manage these AI-powered workflows. Tasks like managing paperwork, communicating with drivers, and working with vendors can now be automated with agents in minutes, freeing staff from hours of manual work each week. Customers and partners can build custom agents from scratch or leverage more than 15 pre-built templates across safety and maintenance, all without IT or developer experience. Within the studio, builders can also toggle capabilities on or off, set permissions, monitor usage, and configure settings.
Customers across industries are already developing agents in Agent Studio to automate workflows that have traditionally required dedicated staff or significant manual effort, including:
Driver assistance. A driver wingman deployed at a major food distributor answers parking, weigh-station, policy, and escalation questions based on dynamic location and company data, saving 30 minutes in communication time per call. Daily maintenance digest. A daily fleet briefing tool used at a food bank gives ops teams a quick read on fleet status and vehicle inspection report compliance, saving hours of manual work each week tracking resources. Driver and vehicle identification. An assignment workflow at a field services company automatically identifies when a moving vehicle has an unknown driver and links trucks to staff, reconciling insurance risks and saving the dispatch team radio time. “We were spending more than six figures a year on reporting and data compilation — work that's now fully automated," said Derek Champagne, VP of Corporate Security, Asset Management & Housing at Grand Isle Shipyard. "Automation allowed us to reallocate both resources and talent toward higher-value initiatives. The real benefit isn't just efficiency; it's the ability to focus our people on solving bigger problems, driving innovation, and creating value that simply wasn't possible before.”
Within Agent Studio, teams can integrate a company’s policies and documents as a knowledge base, preview behaviors before deployment, and track outcomes through a performance dashboard. The result is a toolset that fits a specific operation rather than a generic workflow.
"Agent Studio gives us the ability to look at our own daily processes and build to fix the gaps," said Chris Hammock, Director of Transportation for Graceland Portable Buildings. "We can make small changes ourselves, which may save us hours, instead of entering the IT project queue. Further, agents will help take repetitive follow-up work off our team, speed up how we get status updates, and help us spend more time moving the business forward instead of chasing information."
Watch the demo of Samsara’s Agent Studio. Learn more about Samsara’s latest innovations in physical operations, including:
The new Tracking Label for supply chain visibility. The new AI camera capabilities for fleets and equipment operators. See the full set of announcements on the Samsara blog. Follow Beyond 2026 news and developments on Samsara's LinkedIn and X pages, or by using the #SamsaraBeyond hashtag.
About Samsara
Samsara (NYSE: IOT) is the pioneer of the Connected Operations® Platform, which is an open platform that connects the people, devices, and systems of some of the world's most complex operations, allowing them to develop actionable insights and improve their operations. With tens of thousands of customers across North America and Europe, Samsara is a proud technology partner to the people who keep our global economy running, including the world's leading organizations across industries in transportation, construction, wholesale and retail trade, field services, logistics, manufacturing, utilities and energy, government, healthcare and education, food and beverage, and others. The company's mission is to increase the safety, efficiency, and sustainability of the operations that power the global economy.
Samsara is a registered trademark of Samsara Inc. All other brand names, product names, or trademarks belong to their respective holders.
View source version on businesswire.com: https://www.businesswire.com/news/home/20260624557769/en/
Samsara Introduces the Tracking Label and Agentic Shipment Center to Close Supply Chain Visibility Gap Samsara Inc. (“Samsara”) (NYSE: IOT), the pioneer of the Connected Operations® Platform, today introduced the Samsara Tracking Label: a smart, single-use Bluetooth label that delivers near-real-time shipment visibility, powered by the Samsara Network. The Tracking Label can be managed within Samsara’s new Shipment Center and Shipment App, which seamlessly plug into an organization's existing infrastructure, regardless of shipping carrier.
This press release features multimedia. View the full release here: https://www.businesswire.com/news/home/20260624599182/en/
Samsara Shipment Center
Cargo theft costs U.S. businesses roughly $35 billion annually — up 60% year over year — and the problem is compounded by a fundamental lack of visibility. Current solutions, such as RFID and cellular connectivity, struggle with cost and coverage problems that Bluetooth and the Samsara Network solve.
"Our customers have been using asset tags to track critical shipments, and that works, but it's not purpose-built for cargo. What they've been asking for is a label they can slap on a box and walk away. That's exactly what the Tracking Label is,” said David Gal, VP of Connected Equipment at Samsara. “Unlike traditional barcode scanning that simply says 'departed facility,' the Samsara Network tells you exactly where that shipment is, hundreds of miles down the road. With AI-powered exceptions in the Shipment Center, a shipping manager can instantly see which shipments need attention, get ahead of delays, weather events, and proactively resolve issues before they reach the customer."
The low-cost connectivity powering the Tracking Label
The Tracking Label is an adhesive-backed, flexible, paper-thin label with a 45-day battery life after activation, that contains no lithium or hazardous materials, making it cleared for air, ground, and rail shipments and suitable for disposal without special handling. The Bluetooth label is interoperable with the Samsara Network, which leverages millions of Samsara-connected devices, including trucks, trailers, buses, construction equipment, warehouse scanners, and phones across 99% of major U.S. roads and tens of thousands of worksites. The network continuously 'listens' for Tracking Labels, enabling a single label to be detected in near real time, without requiring carrier involvement.
“Our data shows that organizations rely heavily on GPS and cellular technologies—adopted by over half the market—to track non-powered assets, often absorbing higher hardware costs to guarantee visibility,” said Zoe Roth, Senior Research Analyst, 451 Research from S&P Global. “Meanwhile, lower-cost alternatives like RFID and BLE currently sit at around 39% adoption, historically constrained by fragmented infrastructure, according to our 451 Research Supply Chain Digital Transformation Survey 2026. Providing a persistent, wide-area network for Bluetooth assets could dramatically shift this landscape, enabling scale where infrastructure has previously been the bottleneck.”
Real-time supply chain visibility through the Samsara Shipment Center
Leveraging the new Shipment Center, supply chain teams can view mission-critical and high-value goods — from a single box to a shipment of pallets to a reel of copper wire — that have a Tracking Label on the dashboard and click into any shipment for deeper insight. Through the Shipment Center, operations teams can:
Deter cargo theft and speed up resolution. Near real-time Bluetooth location data makes it significantly harder for bad actors to divert or steal cargo undetected, and gives operations teams evidence to involve authorities quickly when something goes wrong. Get ahead of shipping delays and exceptions. Stay ahead of late or missed deliveries by posing the question in the Shipment Center, “Which packages are at risk of being late due to the storm in Texas?” By leveraging AI to surface shipments that need attention, ops teams can focus on exceptions such as late delivery rather than monitoring every shipment manually. Coverage extends to cross-border shipments. Freight has historically gone dark the moment it crosses a border. These capabilities enable operations teams to keep jobs running on schedule, recover lost shipments in near real time, and deliver a better overall customer experience. Improve customer experiences with quicker dispute resolution. Automated delivery notifications and geofence-based delivery notifications provide clear proof of arrival, helping prevent and resolve shipping disputes with full location transparency across the shipment's journey. Make better supply-chain decisions with AI. Through the Shipment Center, ops teams can surface insights into warehouse performance, carrier on-time performance, declined delivery analytics, and more. This information allows them to analyze performance and costs to identify efficiencies. 3PL provider DCL Logistics, one of Tracking Label’s early adopters, is now managing the fulfillment and carrier handoff of high-value cargo for some of the world’s leading brands across consumer electronics, CPG, enterprise hardware, and GPUs.
“In LTL and truckload shipping, you typically only hear about your shipment twice — when it’s picked up and when it’s delivered," said Dave Tu, President, DCL Logistics. “Samsara’s Tracking Label changes that. It gives us a level of visibility that just didn’t exist before, and when you’re moving high-value cargo, that’s a big deal. It’s like watching your Uber driver on the way to pick you up — you can see every move, every turn, right up until it pulls up to the door.”
Plug into any existing workflow with the new Samsara Shipment App
The new Samsara Shipment App allows teams to activate the Tracking Label with a single tap, no hardware or manual entry required. Scan any barcode — a Bill of Lading, carrier tracking number, or warehouse license plate number — and the app automatically links it to the existing shipment ID.
Through the App, high-volume operations can print and pre-populate labels in bulk. Teams can also connect directly to an existing TMS or ERP to write shipment data at print time. No rip-and-replace of existing systems required.
All of these capabilities combined enable operations teams to keep jobs running on schedule, recover lost shipments in near real-time, and deliver a better overall customer experience.
Learn more about Samsara’s latest innovations in physical operations, including:
The new AI camera capabilities for fleets and equipment operators. The new Agent Studio and agentic AI capabilities. The full set of Beyond 2026 announcements on the Samsara blog. Follow Beyond 2026 news and developments on Samsara's LinkedIn and X pages, or by using the #SamsaraBeyond hashtag.
About Samsara
Samsara (NYSE: IOT) is the pioneer of the Connected Operations® Platform, which is an open platform that connects the people, devices, and systems of some of the world’s most complex operations, allowing them to develop actionable insights and improve their operations. With tens of thousands of customers across North America and Europe, Samsara is a proud technology partner to the people who keep our global economy running, including the world’s leading organizations across industries in transportation, construction, wholesale and retail trade, field services, logistics, manufacturing, utilities and energy, government, healthcare and education, food and beverage, and others. The company’s mission is to increase the safety, efficiency, and sustainability of the operations that power the global economy.
Samsara is a registered trademark of Samsara Inc. All other brand names, product names, or trademarks belong to their respective holders.
View source version on businesswire.com: https://www.businesswire.com/news/home/20260624599182/en/
Samsara’s first dedicated online community, where physical operations professionals can build connections, share knowledge, and access resources to strengthen performance
SAN FRANCISCO--(BUSINESS WIRE)--Samsara Inc. ("Samsara") (NYSE: IOT), the pioneer of the Connected Operations® Platform, today announced the Samsara Community, a global online hub for the world of physical operations. With tens of thousands of customers across North America and Europe, the Samsara Community has the potential to become one of the world’s largest professional networks for physical operations.
The organizations responsible for moving goods, building infrastructure, and delivering essential services are among the most critical contributors to the global economy. When the people running them are better connected, learn from each other faster, and have immediate access to the knowledge and resources they need, the impact extends well beyond any single organization. This is what the Samsara Community is built to enable.
"The Samsara Community can be a tremendous asset for everyone on the platform," said Samuel Barkas, Production Technology Manager at Smith Ready Mix, Inc., who gained early access to the Samsara Community. "Having a dedicated space to share experiences, troubleshoot challenges, and learn from others is invaluable. Being able to ask a question and get responses from so many experienced operators in one place can't be found anywhere else."
Samsara has long invested in bringing the industry together through events such as Samsara Beyond, taking place this week in Las Vegas, Samsara User Groups, and Samsara Safety Summits. Those gatherings have made clear that the Samsara customer base is one of the most valuable resources available to any operator. The Samsara Community is a commitment to foster those connections at a global scale, giving every organization—regardless of sector or organization size—access to that collective expertise at any time.
Samsara Community members can participate in product-specific forums and industry and regional groups, as well as access a range of Samsara resources, including Knowledge Base articles, Academy courses, and virtual events. Members can also participate in programs that directly inform Samsara’s product roadmap.
“Providing new opportunities to build connections is an important investment in our customers’ long-term success,” said Meagen Eisenberg, Chief Marketing Officer at Samsara. “We have spent more than a decade building one of the most diverse and experienced customer bases in physical operations. The Samsara Community is how we put that collective knowledge to work and shape the industry’s future.”
Further information about the Samsara Community:
Who can join? Anyone with access to a Samsara dashboard, including trial users.When is it available? The Community is available now.Where do you sign up? Those interested can access the Community through their Samsara dashboard or register at community.samsara.com with their credentials.About Samsara
Samsara (NYSE: IOT) is the pioneer of the Connected Operations® Platform, which is an open platform that connects the people, devices, and systems of some of the world’s most complex operations, allowing them to develop actionable insights and improve their operations. With tens of thousands of customers across North America and Europe, Samsara is a proud technology partner to the people who keep our global economy running, including the world’s leading organizations across industries in transportation, construction, wholesale and retail trade, field services, logistics, manufacturing, utilities and energy, government, healthcare and education, food and beverage, and others. The company's mission is to increase the safety, efficiency, and sustainability of the operations that power the global economy.
Samsara is a registered trademark of Samsara Inc. All other brand names, product names or trademarks belong to their respective holders.
Caliber and Protech Automotive Solutions to Lead Breakout Session on Fleet Repair Innovation at Samsara Beyond 2026
LEWISVILLE, Texas--(BUSINESS WIRE)--Caliber Fleet Solutions, a dedicated fleet repair and service offering from Caliber, today announced it will be a Platinum-level sponsor at Samsara Beyond 2026 in Las Vegas, NV, June 23–26, 2026, at the ARIA Resort & Casino. As part of the sponsorship, Caliber Fleet Solutions will be hosting attendees at Booth #200 for live demonstrations of its digital repair coordination platform and one-on-one conversations with fleet operations specialists.
As fleet operators work to improve vehicle utilization, reduce operational disruption, and navigate increasingly complex repair requirements, visibility across the repair lifecycle has become more important than ever. Caliber Fleet Solutions brings together Caliber's national service network—spanning collision repair, auto glass, mobile services, and advanced diagnostics—with enhanced digital coordination to simplify repair management, improve visibility, and keep vehicles on the road.
The digitally-connected offering enables fleet operators to coordinate repairs across service types, gain real-time visibility into repair status, and streamline intake and scheduling within existing fleet workflows. The platform's insights capabilities give fleet operators a strategic view of their operations—identifying patterns across vehicle types, damage frequency, and associated repair costs to inform smarter, data-driven decisions. Operators can also analyze where and how damage most commonly occurs to support driver behavior programs and prevention efforts, while performance data helps teams evaluate driver satisfaction across their network.
Samsara is digitizing the world of physical operations. Its Connected Operations® Platform makes it easy for organizations to access, analyze, and act upon real-time IoT data from vehicles, assets, equipment, and more. Bringing all of this data together into one integrated platform provides customers with actionable insights to improve their safety, efficiency, and sustainability. At Samsara Beyond, leaders will come together to connect and discuss the future of work, navigating change, and how to drive results that matter.
Breakout Session: Smarter Repairs, Faster Uptime
On Thursday, June 25, leaders from Caliber and Protech Automotive Solutions will host a breakout session titled Smarter Repairs, Faster Uptime: A New Playbook for Fleet Teams, from 11:30 AM to 12:15 PM PDT in Joshua 7–8.
The session will examine the key forces reshaping fleet repair today — including increasing vehicle complexity, evolving OEM requirements, and the growing role of ADAS and electric vehicle platforms in determining how vehicles must be serviced and returned to the road. Attendees will leave with a practical framework to evaluate repair options, reduce operational risk, and improve uptime across their fleets.
Topics will include:
How ADAS, electric vehicle platforms, and integrated vehicle technologies are changing what fleet repair requires Where gaps exist in today’s repair market and the risks fleets face without the right capabilities in place How Caliber and Protech are investing in technician training, OEM-aligned repair processes, and integrated diagnostics and calibration capabilities to support fleets at scale A practical framework for evaluating repair options and building a more connected repair strategy “Samsara Beyond brings together exactly the kinds of fleet and operations leaders who are navigating the growing complexity of vehicle repair,” said Brent Jones, Senior Vice President of Fleet Operations at Caliber. “We’re looking forward to sharing what we’re seeing in the market, what it takes to keep modern fleets moving, and how Caliber Fleet Solutions is helping operators get there.”
To learn more about Caliber Fleet Solutions or to connect with the team at Samsara Beyond, visit caliber.com/services/fleet.
Learn more about Samsara Beyond at https://www.samsarabeyond.com/.
About Caliber
Founded in 1997, the Caliber portfolio of brands has grown to more than 1,850 locations nationwide and features a full range of complementary automotive services, including Caliber Collision, the nation’s largest auto collision repair provider across 41 states, Caliber Auto Glass for glass repair and replacement, and Caliber Fleet Solutions. With the purpose of Restoring the Rhythm of Your Life®, Caliber’s more than 30,000 teammates are committed to getting customers back on the road safely and back to the rhythm of their lives.
Awards honor leading organizations and individuals driving transformative results in operations; Tyson Foods, Inc., Enercare, Grupo Aralo, Sysco GB, among those recognized
SAN FRANCISCO--(BUSINESS WIRE)--Samsara Inc. ("Samsara") (NYSE: IOT), the pioneer of the Connected Operations® Platform, today announced the winners of its 2026 Connected Operations Awards, recognizing the remarkable achievements of its customers in safety, efficiency, sustainability, and innovation. The annual awards program honors organizations and individuals across North America and EMEA who demonstrate the clear benefits of AI-powered operations.
“The winners of Samsara's Connected Operations Awards are proof that AI represents a fundamental shift in how work gets done—one that's already saving lives and cutting costs,” said Robert Stobaugh, Chief Operating Officer at Samsara. "The submissions told stories of safer workers, more efficient operations, and real impact for communities. What unites every winner is a team that refuses to settle, and we’re proud to work alongside them.”
Introducing the 2026 global award winners:
U.S. and Canada: Discover their stories
Safest Operator: Utility Supply & Construction Company Innovation in Sustainable Operations: Massey Services Digital Transformation of the Year: Enercare Most Innovative Workforce: Tyson Foods, Inc. Technology Leader of the Year: David Perez, Vice President of Safety, First Student Driver of the Year (U.S.): Darrin J. Lonsdale, Action Resources Driver of the Year (Canada): Jessie-Lee Beaudoin, Whitewater Management LP Mexico: Discover their stories
Safest Operator: Grupo Aralo Digital Transformation of the Year: Royal Transports Excellence in Physical Security: Transportes MexAmerik Driver of the Year: José Rigoberto Carrera Ruiz, Flecha Amarilla EMEA: Discover their stories
Safest Operator (UK): Speedy Hire Safest Operator (Germany): SafeDriver ennoo Excellence in Driver Engagement: Sysco GB Most Sustainable Operations: Lanes Group Industry Innovator: Renew Holdings plc Driver of the Year: Richard Meehan, JLL A snapshot of the impactful results winners drove with Samsara:
Utility Supply & Construction Company achieved a 98% reduction in insurance claim costs, dropping from a historical high of $1.4M to just $22K midway through the current policy year Massey Services saved $1.3M in fuel costs in one year with centralized fuel reporting and idling alerts Enercare reduced operating costs through better vehicle utilization, cutting vehicle dormancy by 26% Grupo Aralo dropped its collision risk per mile by 70% while increasing its Security Score by 164% in Mexico Lanes Group digitized 1.3M form submissions per year and reduced vehicle idling by 83%, improving efficiency across the business "With fuel costs where they are today, every gallon matters. Samsara helped us save more than a million dollars in fuel costs in a single year and changed how we manage our fleet,” said Bryan Campbell, Director of Risk Management at Massey Services. “Our safety program benefitted too. We’ve reduced accidents by 35% and traffic violations by 88%. When you find a partner who genuinely understands your operations, the results show.”
Further information about the awards:
Learn more about the winners from the U.S. and Canada, Mexico, and EMEA Read about the winners for Excellence in Performance in the Public Sector, Dallas Fort Worth International Airport and Garden City Public Schools, announced at Samsara Go Beyond Public Sector About Samsara
Samsara (NYSE: IOT) is the pioneer of the Connected Operations® Platform, which is an open platform that connects the people, devices, and systems of some of the world’s most complex operations, allowing them to develop actionable insights and improve their operations. With tens of thousands of customers across North America and Europe, Samsara is a proud technology partner to the people who keep our global economy running, including the world’s leading organizations across industries in transportation, construction, wholesale and retail trade, field services, logistics, manufacturing, utilities and energy, government, healthcare and education, food and beverage, and others. The company's mission is to increase the safety, efficiency, and sustainability of the operations that power the global economy.
Samsara is a registered trademark of Samsara Inc. All other brand names, product names or trademarks belong to their respective holders.
All statistics and expectations listed herein are provided by Samsara’s customers.
Built on real-world data from millions of connected assets, operations teams can now discover, customize, and deploy AI Agents with Samsara’s Agent Studio
SAN FRANCISCO--(BUSINESS WIRE)--Samsara Inc. (“Samsara”) (NYSE: IOT), the pioneer of the Connected Operations® Platform, today announced the launch of new agentic tools that help teams automate monotonous tasks, reduce manual work, and respond faster across their operations. The new capabilities include a first-of-its-kind Agent Studio designed for physical operations that lets teams leverage pre-configured agents or build their own from scratch.
"Agent Studio gives us the ability to look at our own daily processes and build to fix the gaps," said Chris Hammock, Director of Transportation for Graceland Portable Buildings.
Share “Samsara has spent the last 10 years deeply embedded in the world's most complex physical operations, giving us unprecedented visibility into what’s happening on the ground,” said Johan Land, Chief Product Officer at Samsara. “In 2025 alone, we captured 25 trillion data points across the Samsara Network across vehicles, equipment, worksites, and operations. Now, customers can act on this insight by leveraging Samsara’s platform to fully automate workflows without extensive IT expertise.”
The Agent Studio serves as the control center where customers can set up and manage these AI-powered workflows. Tasks like managing paperwork, communicating with drivers, and working with vendors can now be automated with agents in minutes, freeing staff from hours of manual work each week. Customers and partners can build custom agents from scratch or leverage more than 15 pre-built templates across safety and maintenance, all without IT or developer experience. Within the studio, builders can also toggle capabilities on or off, set permissions, monitor usage, and configure settings.
Customers across industries are already developing agents in Agent Studio to automate workflows that have traditionally required dedicated staff or significant manual effort, including:
Driver assistance. A driver wingman deployed at a major food distributor answers parking, weigh-station, policy, and escalation questions based on dynamic location and company data, saving 30 minutes in communication time per call. Daily maintenance digest. A daily fleet briefing tool used at a food bank gives ops teams a quick read on fleet status and vehicle inspection report compliance, saving hours of manual work each week tracking resources. Driver and vehicle identification. An assignment workflow at a field services company automatically identifies when a moving vehicle has an unknown driver and links trucks to staff, reconciling insurance risks and saving the dispatch team radio time. “We were spending more than six figures a year on reporting and data compilation — work that's now fully automated," said Derek Champagne, VP of Corporate Security, Asset Management & Housing at Grand Isle Shipyard. "Automation allowed us to reallocate both resources and talent toward higher-value initiatives. The real benefit isn't just efficiency; it's the ability to focus our people on solving bigger problems, driving innovation, and creating value that simply wasn't possible before.”
Within Agent Studio, teams can integrate a company’s policies and documents as a knowledge base, preview behaviors before deployment, and track outcomes through a performance dashboard. The result is a toolset that fits a specific operation rather than a generic workflow.
"Agent Studio gives us the ability to look at our own daily processes and build to fix the gaps," said Chris Hammock, Director of Transportation for Graceland Portable Buildings. "We can make small changes ourselves, which may save us hours, instead of entering the IT project queue. Further, agents will help take repetitive follow-up work off our team, speed up how we get status updates, and help us spend more time moving the business forward instead of chasing information."
Watch the demo of Samsara’s Agent Studio. Learn more about Samsara’s latest innovations in physical operations, including:
The new Tracking Label for supply chain visibility. The new AI camera capabilities for fleets and equipment operators. See the full set of announcements on the Samsara blog. Follow Beyond 2026 news and developments on Samsara's LinkedIn and X pages, or by using the #SamsaraBeyond hashtag.
About Samsara
Samsara (NYSE: IOT) is the pioneer of the Connected Operations® Platform, which is an open platform that connects the people, devices, and systems of some of the world's most complex operations, allowing them to develop actionable insights and improve their operations. With tens of thousands of customers across North America and Europe, Samsara is a proud technology partner to the people who keep our global economy running, including the world's leading organizations across industries in transportation, construction, wholesale and retail trade, field services, logistics, manufacturing, utilities and energy, government, healthcare and education, food and beverage, and others. The company's mission is to increase the safety, efficiency, and sustainability of the operations that power the global economy.
Samsara is a registered trademark of Samsara Inc. All other brand names, product names, or trademarks belong to their respective holders.
Powered by the Samsara Network, disposable smart label delivers continuous visibility into any shipment, across any carrier
SAN FRANCISCO--(BUSINESS WIRE)--Samsara Inc. (“Samsara”) (NYSE: IOT), the pioneer of the Connected Operations® Platform, today introduced the Samsara Tracking Label: a smart, single-use Bluetooth label that delivers near-real-time shipment visibility, powered by the Samsara Network. The Tracking Label can be managed within Samsara’s new Shipment Center and Shipment App, which seamlessly plug into an organization's existing infrastructure, regardless of shipping carrier.
"Providing a persistent, wide-area network for Bluetooth assets could dramatically shift this landscape, enabling scale where infrastructure has previously been the bottleneck," said Zoe Roth, Senior Research Analyst, 451 Research from S&P Global.
Share Cargo theft costs U.S. businesses roughly $35 billion annually — up 60% year over year — and the problem is compounded by a fundamental lack of visibility. Current solutions, such as RFID and cellular connectivity, struggle with cost and coverage problems that Bluetooth and the Samsara Network solve.
"Our customers have been using asset tags to track critical shipments, and that works, but it's not purpose-built for cargo. What they've been asking for is a label they can slap on a box and walk away. That's exactly what the Tracking Label is,” said David Gal, VP of Connected Equipment at Samsara. “Unlike traditional barcode scanning that simply says 'departed facility,' the Samsara Network tells you exactly where that shipment is, hundreds of miles down the road. With AI-powered exceptions in the Shipment Center, a shipping manager can instantly see which shipments need attention, get ahead of delays, weather events, and proactively resolve issues before they reach the customer."
The low-cost connectivity powering the Tracking Label
The Tracking Label is an adhesive-backed, flexible, paper-thin label with a 45-day battery life after activation, that contains no lithium or hazardous materials, making it cleared for air, ground, and rail shipments and suitable for disposal without special handling. The Bluetooth label is interoperable with the Samsara Network, which leverages millions of Samsara-connected devices, including trucks, trailers, buses, construction equipment, warehouse scanners, and phones across 99% of major U.S. roads and tens of thousands of worksites. The network continuously 'listens' for Tracking Labels, enabling a single label to be detected in near real time, without requiring carrier involvement.
“Our data shows that organizations rely heavily on GPS and cellular technologies—adopted by over half the market—to track non-powered assets, often absorbing higher hardware costs to guarantee visibility,” said Zoe Roth, Senior Research Analyst, 451 Research from S&P Global. “Meanwhile, lower-cost alternatives like RFID and BLE currently sit at around 39% adoption, historically constrained by fragmented infrastructure, according to our 451 Research Supply Chain Digital Transformation Survey 2026. Providing a persistent, wide-area network for Bluetooth assets could dramatically shift this landscape, enabling scale where infrastructure has previously been the bottleneck.”
Real-time supply chain visibility through the Samsara Shipment Center
Leveraging the new Shipment Center, supply chain teams can view mission-critical and high-value goods — from a single box to a shipment of pallets to a reel of copper wire — that have a Tracking Label on the dashboard and click into any shipment for deeper insight. Through the Shipment Center, operations teams can:
Deter cargo theft and speed up resolution. Near real-time Bluetooth location data makes it significantly harder for bad actors to divert or steal cargo undetected, and gives operations teams evidence to involve authorities quickly when something goes wrong. Get ahead of shipping delays and exceptions. Stay ahead of late or missed deliveries by posing the question in the Shipment Center, “Which packages are at risk of being late due to the storm in Texas?” By leveraging AI to surface shipments that need attention, ops teams can focus on exceptions such as late delivery rather than monitoring every shipment manually. Coverage extends to cross-border shipments. Freight has historically gone dark the moment it crosses a border. These capabilities enable operations teams to keep jobs running on schedule, recover lost shipments in near real time, and deliver a better overall customer experience. Improve customer experiences with quicker dispute resolution. Automated delivery notifications and geofence-based delivery notifications provide clear proof of arrival, helping prevent and resolve shipping disputes with full location transparency across the shipment's journey. Make better supply-chain decisions with AI. Through the Shipment Center, ops teams can surface insights into warehouse performance, carrier on-time performance, declined delivery analytics, and more. This information allows them to analyze performance and costs to identify efficiencies. 3PL provider DCL Logistics, one of Tracking Label’s early adopters, is now managing the fulfillment and carrier handoff of high-value cargo for some of the world’s leading brands across consumer electronics, CPG, enterprise hardware, and GPUs.
“In LTL and truckload shipping, you typically only hear about your shipment twice — when it’s picked up and when it’s delivered," said Dave Tu, President, DCL Logistics. “Samsara’s Tracking Label changes that. It gives us a level of visibility that just didn’t exist before, and when you’re moving high-value cargo, that’s a big deal. It’s like watching your Uber driver on the way to pick you up — you can see every move, every turn, right up until it pulls up to the door.”
Plug into any existing workflow with the new Samsara Shipment App
The new Samsara Shipment App allows teams to activate the Tracking Label with a single tap, no hardware or manual entry required. Scan any barcode — a Bill of Lading, carrier tracking number, or warehouse license plate number — and the app automatically links it to the existing shipment ID.
Through the App, high-volume operations can print and pre-populate labels in bulk. Teams can also connect directly to an existing TMS or ERP to write shipment data at print time. No rip-and-replace of existing systems required.
All of these capabilities combined enable operations teams to keep jobs running on schedule, recover lost shipments in near real-time, and deliver a better overall customer experience.
Learn more about Samsara’s latest innovations in physical operations, including:
The new AI camera capabilities for fleets and equipment operators. The new Agent Studio and agentic AI capabilities. The full set of Beyond 2026 announcements on the Samsara blog. Follow Beyond 2026 news and developments on Samsara's LinkedIn and X pages, or by using the #SamsaraBeyond hashtag.
About Samsara
Samsara (NYSE: IOT) is the pioneer of the Connected Operations® Platform, which is an open platform that connects the people, devices, and systems of some of the world’s most complex operations, allowing them to develop actionable insights and improve their operations. With tens of thousands of customers across North America and Europe, Samsara is a proud technology partner to the people who keep our global economy running, including the world’s leading organizations across industries in transportation, construction, wholesale and retail trade, field services, logistics, manufacturing, utilities and energy, government, healthcare and education, food and beverage, and others. The company’s mission is to increase the safety, efficiency, and sustainability of the operations that power the global economy.
Samsara is a registered trademark of Samsara Inc. All other brand names, product names, or trademarks belong to their respective holders.
First-to-market camera coverage for powered equipment closes the blind spots that cause costly incidents on the ramp, the warehouse floor, and the road
SAN FRANCISCO--(BUSINESS WIRE)--Samsara Inc. (“Samsara”) (NYSE: IOT), the pioneer of the Connected Operations® Platform, today introduced the Samsara 360 Camera, new AI Multicam capabilities, and two-way voice capabilities through the dash cam for road fleets—expanding real-time visibility for fleets and field teams.
“Safety on the ramp has always been our top priority, and Samsara has been a true partner in helping us raise the bar,” said Mehdi Jnah, Director of Ground Support Equipment, Alaska Airlines.
Share Operated equipment operations and field teams have long dealt with limited visibility. A forklift in a warehouse, a baggage tug on the ramp, an excavator on a job site: these machines move in high-density, high-consequence environments where blind spots are unavoidable, and incidents are costly. At the same time, road fleets face their own persistent challenge: the moments of highest risk, reversing, lane changes, and tight maneuvering, are often the hardest for drivers to see through. Samsara’s new hardware and AI capabilities are designed to close both gaps.
“By combining the power to see everything with the automation to act on it, we are shifting into the next gear on safety,” said Johan Land, Chief Product Officer at Samsara. “The 360 Camera brings first-to-market visibility to operated equipment, AI Multicam gives road fleet drivers sharper awareness of what surrounds them, and two-way voice means the AI can respond the moment a question arises. Millions of frontline workers show up every day to keep our world running, and we are fully committed to helping get every one of them home safely.”
The First 360-Degree Camera Built for Operated Equipment
Construction sites, warehouses, mines, and airports are among the most demanding environments in physical operations. Frontline workers on these job-sites are required to use heavy, risky equipment such as excavators, forklifts, baggage tugs, and pushbacks with open cabs — yet until now, none of them had a camera system built for the job. Without proper views of their surroundings and access to footage from on the ground, incident investigations stalled, liability was disputed, and the same unsafe behaviors were repeated.
Samsara’s 360 Camera changes that: a single-module camera capturing a full 360-degree view from one mount point and an interactive pan and zoom. Now, equipment operators can see potential risks in real-time and safety managers can examine any angle of a recorded event in detail. Built to withstand harsh weather and rough operating conditions, it gives teams the evidence they need to move from incident report to root cause in minutes rather than days.
“Safety on the ramp has always been our top priority, and Samsara has been a true partner in helping us raise the bar,” said Mehdi Jnah, Director of Ground Support Equipment, Alaska Airlines. “Their AI dash cams gave us something we never had before — real-time alerts and video footage to protect our crews. With the 360 Camera, we extend safety to every type of ground service equipment on the ramp. Baggage tractors, tugs, pushbacks — each with its own unique demands and operating procedures. Now, not only can we see it all, we have real-time access to the evidence we need to move from incident report to root cause in minutes. We believe this kind of innovation has the potential to transform ramp safety across the entire industry.”
New AI Multicam Capabilities Give Road Fleets a Sharper View
Reversing, changing lanes, and navigating tight spaces are the moments of highest contact risk for road fleets — and the moments where drivers have the least information about what surrounds them. Samsara is expanding its AI Multicam system with new capabilities designed to close that gap:
Bird’s Eye View. Drivers can now configure a top-down, 360-degree composite view of their immediate surroundings using AI Multicam, giving them a clear picture during maneuvers that carry the highest contact risk — maneuvering crowded yards, navigating narrow spaces, and making tight turns where large vehicles have the widest blind spots. This is especially valuable for vehicles like school buses, garbage trucks, yellow iron, and box trucks. Rear Collision Warning and Vehicle in Blind Spot Detection. Building on AI Multicam’s existing in-cab visibility, Rear Collision Warning and Vehicle in Blind Spot Detection deliver dynamic audio and visual alerts when reversing or changing lanes — running at the edge, on the device, so warnings reach drivers in the moment rather than after it. Two-Way AI Conversations Put Safety Response Directly in the Cab
The dash cam is no longer a one-way device. With two-way voice, Samsara AI and managers can converse with drivers in the moment. When a driver crosses into a geofenced area, AI engages the driver through the dash cam, flagging critical road information such as a lower speed limit, a parking restriction, or a known towing risk, all without a dispatcher placing a call. And when a person needs to step in, managers can initiate a call through the same channel — a direct line that doesn't depend on a phone, a charged battery, or a cell signal. The same goes for drivers, who can send their manager a message through the dash cam to alert them to conditions such as severe weather or driving delays.
“We tried contacting a driver in his truck via phone, but were unable to reach him. I then used the dash camera to contact him and connected successfully. The driver mentioned that his phone lost battery. It’s this kind of technology that helps ensure our drivers stay safe,” said Otis Anderson, Safety Compliance Analyst, Jordan Carriers.
Watch the demo of the AI camera suite. Learn more about Samsara’s latest innovations in physical operations, including:
The new Tracking Label for supply chain visibility. The new Agent Studio and agentic AI capabilities. See the full set of announcements on the Samsara blog. Follow Beyond 2026 news and developments on Samsara's LinkedIn and X pages, or by using the #SamsaraBeyond hashtag.
About Samsara
Samsara (NYSE: IOT) is the pioneer of the Connected Operations® Platform, which is an open platform that connects the people, devices, and systems of some of the world’s most complex operations, allowing them to develop actionable insights and improve their operations. With tens of thousands of customers across North America and Europe, Samsara is a proud technology partner to the people who keep our global economy running, including the world’s leading organizations across industries in transportation, construction, wholesale and retail trade, field services, logistics, manufacturing, utilities and energy, government, healthcare and education, food and beverage, and others. The company’s mission is to increase the safety, efficiency, and sustainability of the operations that power the global economy.
Samsara is a registered trademark of Samsara Inc. All other brand names, product names, or trademarks belong to their respective holders.
Samsara (IOT +0.38%) is growing fast, winning larger customers, and building a new growth lane around Operational Artificial Intelligence. But with growth expected to cool and the stock still carrying a steep valuation, investors face a difficult question: can the company grow fast enough to justify the price?
Stock prices used were the market prices of June 12, 2026. The video was published on June 19, 2026.
Rick Orford has no position in any of the stocks mentioned. The Motley Fool has positions in and recommends Samsara. The Motley Fool has a disclosure policy. Rick Orford is an affiliate of The Motley Fool and may be compensated for promoting its services. If you choose to subscribe through their link, they will earn some extra money that supports their channel. Their opinions remain their own and are unaffected by The Motley Fool.
Edmonton, Alberta – June 16, 2026 - TheNewswire – Innovotech Inc. (TSXV: IOT; OTCQB: IOTCF) (“Innovotech” or the “Company”), a life sciences services and technology company focused on applied microbiology, analytical chemistry, and regulated laboratory services, announces a Chief Financial Officer (CFO) transition and the results of its 2026 Annual General Meeting (“AGM”). Bernard Grobbelaar has concluded his tenure as Chief Financial Officer, and Craig Kalvin has been appointed as the Company’s new CFO, effective immediately.
CFO Transition
Mr. Grobbelaar has served as CFO during a period of significant development for Innovotech, including the acquisition and integration of Keystone Labs and the strengthening of the Company’s financial infrastructure. The Company thanks Mr. Grobbelaar for his contributions and leadership and wishes him well in his future endeavours. His work has helped position Innovotech for its next phase of growth.
The Board welcomes Mr. Kalvin, who brings extensive experience in financial leadership, including serving as CFO for a major mining company and several high-growth technology companies. He has strong experience in IFRS reporting, governance, and financial planning, and has supported companies through periods of growth, transition, and operational scaling.
Craig Milne, Chief Executive Officer, commented: “We thank Bernard for his dedication and the important role he has played in building a strong financial foundation for Innovotech. We are very pleased to welcome Craig Kalvin as our new CFO. Craig will bring fresh leadership around our financial discipline. As we continue our transformation, we believe his judgement and pragmatism will be critical in translating strategy into disciplined execution and long‑term value creation.”
AGM Results
Shareholders voted in favor of all matters, which included the re-election of James Timourian, Karen Farkas, David Tam, Julie Wright, Brad Clark, Arden Tse, and Craig Milne as directors of the Company. Shareholders approved the appointment of D&H Group LLP as the Company auditors for the next fiscal year and continued the Omnibus Security Based Compensation Plan first adopted in 2024.
Other Matters
Additionally, the Board is pleased to appoint Mr. Tse as Vice Chair of the Board.
About Innovotech
Innovotech Inc. is an established and scaling life sciences services and technology company specializing in contract research, analytical, and microbial testing within regulated healthcare markets. The Company is a recognized leader in biofilm science and antimicrobial testing and provides advanced laboratory services supporting medical device, pharmaceutical, and industrial product development. Innovotech combines deep scientific expertise with proprietary methodologies and products, including its widely used MBEC Assay® platform for high-throughput antimicrobial and antibiotic testing. Operating through ISO-certified and GMP-accredited laboratories, Innovotech supports clients across multiple sectors and geographies, delivering reliable, decision-enabling data aligned with regulatory expectations such as those of the U.S. Food and Drug Administration and Health Canada. Learn more at https://www.innovotech.ca.
This document may contain forward-looking statements that are predictive in nature and subject to risks and uncertainties that cannot be predicted or quantified; consequently, actual results may differ materially from past results and those expressed or implied by any forward-looking statements. Factors that could cause or contribute to such risks or uncertainties include, but are not limited to: the regulatory environment including the difficulty of predicting regulatory outcomes; changes in the value of the Canadian dollar; the Company’s reliance on a small number of customers including government organizations; fluctuations in operating results; government policies or actions; progress and cost of clinical trials; reliance on key strategic relationships; uncertainty related to intellectual property protection and potential costs associated with its defense; the Company’s exposure to lawsuits and other matters beyond the control of management. Should known or unknown risks or uncertainties materialize, or should management’s assumptions prove inaccurate, actual results could vary materially from those anticipated. The Company undertakes no obligation to publicly make or update any forward- looking statements, except as required by applicable law.
Neither the TSX Venture Exchange nor its Regulation Services Provider (as that term is defined in the policies of the TSX Venture Exchange) accepts responsibility for the adequacy or accuracy of this release.
Samsara Inc. (IOT - Free Report) reached a significant support level, and could be a good pick for investors from a technical perspective. Recently, IOT broke through the 20-day moving average, which suggests a short-term bullish trend.
The 20-day simple moving average is a well-liked trading tool because it provides a look back at a stock's price over a 20-day period. Additionally, short-term traders find this SMA very beneficial, as it smooths out short-term price trends and shows more trend reversal signals than longer-term moving averages.
Like other SMAs, if a stock's price is moving above the 20-day, the trend is considered positive. When the price falls below the moving average, it can signal a downward trend.
Shares of IOT have been moving higher over the past four weeks, up 13.9%. Plus, the company is currently a Zacks Rank #2 (Buy) stock, suggesting that IOT could be poised for a continued surge.
The bullish case only gets stronger once investors take into account IOT's positive earnings estimate revisions. There have been 5 revisions higher for the current fiscal year compared to none lower, and the consensus estimate has moved up as well.
Given this move in earnings estimate revisions and the positive technical factor, investors may want to keep their eye on IOT for more gains in the near future.
SAN FRANCISCO--(BUSINESS WIRE)--Samsara Inc. ("Samsara") (NYSE: IOT), the pioneer of the Connected Operations® Platform, today announced it has earned the No. 1 spot on 23 separate Summer 2026 Grid Reports® on G2, the world's largest and most trusted software marketplace, more than any other fleet technology brand. Rankings are driven by verified customer reviews and reflect broad preference for the Samsara platform. “Seven consecutive quarters at No. 1 isn't just a streak—it's a signal,” said.
Key Takeaways IOT is set to report Q1 fiscal 2027 results on June 4, with EPS expected at 12-13 cents.IOT revenues are projected at about $455.5M, up roughly 24% from the year-ago quarter.IOT saw strong AI and multiproduct adoption, though tariffs and competition remain headwinds. Samsara Inc. (IOT - Free Report) is scheduled to report first-quarter fiscal 2027 results on June 4, after market close.
For the first quarter of fiscal 2027, management expects non-GAAP earnings per share between 12 cents and 13 cents. The consensus mark is pegged at 13 cents per share, indicating an increase of 18% from the prior-year quarter’s reported figure. The estimate has remained unchanged over the past 60 days.
Samsara’s earnings beat the Zacks Consensus Estimate for earnings in each of the trailing four quarters, delivering an average earnings surprise of 54.6%.
For the first quarter of fiscal 2027, Samsara expects revenues between $454 million and $456 million. The Zacks Consensus Estimate is pegged at $455.5 million, suggesting growth of approximately 24% from the year-ago quarter’s reported figure.
Factors to Consider for IOT’s Q1 ResultsSamsara’s fiscal first-quarter performance is expected to have benefited from the scaling of its AI-powered connected platform. Even more encouraging is the company’s traction with its largest accounts. ARR from customers contributing more than $1 million annually grew 56% year over year in the fourth quarter. The traction is likely to have continued in the first quarter of fiscal 2027.
Samsara’s fiscal first-quarter performance is expected to have benefited from strong multiproduct adoption. About 96% of customers with more than $100,000 in ARR now use at least two products, while 69% use three or more. Nine of the top 10 net new ACV deals in the fourth quarter included two or more products. This trend is likely to have continued in the to-be-reported quarter.
AI continues to be a key growth catalyst for IOT as a rising number of construction, logistics, transportation and public sector entities are adopting AI-powered solutions for safety, maintenance and workflow management to optimize the operations and fleet management. Offerings launched over the last two years accounted for 23% of net new ACV in the fourth quarter, showing that customers are responding to the company’s broader product expansion. These trends are likely to have persisted in the first quarter of fiscal 2027 as well.
As Samsara collaborates with leading OEMs of the world and uses worker training & gamification in its offerings, this is expected to have benefited the company in enhancing adoption and retention in the to-be-reported quarter. These factors are likely to have improved Samsara’s ACV in the to-be reported quarter. A key driver behind the improving profitability is Samsara’s ability to scale revenues faster than operating expenses.
However, tariff-driven uncertainty, elongated enterprise sales cycles, regional competition in Europe, and reliance on large accounts are expected to have remained headwinds for the company in the to-be-reported quarter. Samsara’s dependence on large enterprises brings longer sales cycles and volatility, while intense competition and high research & development, as well as sales & marketing spending, might have pressured profitability in the to-be-reported quarter.
Earnings Whispers for IOT StockOur proven model does not conclusively predict an earnings beat for Samsara this time. The combination of a positive Earnings ESP and a Zacks Rank #1 (Strong Buy), 2 (Buy) or 3 (Hold) increases the odds of an earnings beat, which is not the case here.
Though Samsara currently carries a Zacks Rank #3, it has an Earnings ESP of 0.00%. You can uncover the best stocks to buy or sell before they are reported with our Earnings ESP Filter.
Stocks to ConsiderHere are some companies worth considering, as our model shows that these have the right combination of elements to beat on earnings in their upcoming releases:
Micron Technology (MU - Free Report) currently has an Earnings ESP of +7.42% and sports a Zacks Rank #1.
Micron Technology shares have gained 240% in the year-to-date period. Micron Technology is scheduled to release its fiscal third-quarter 2026 results on June 24. You can see the complete list of today’s Zacks #1 Rank stocks here.
TD SYNNEX (SNX - Free Report) has an Earnings ESP of +3.78% and flaunts a Zacks Rank #1 at present.
TD SYNNEX shares have surged 74% in the year-to-date period. TD SYNNEX is set to report second-quarter fiscal 2026 results on June 23.
Paychex (PAYX - Free Report) presently has an Earnings ESP of +0.22% and a Zacks Rank #3.
Paychex shares have plunged 13.6% in the year-to-date period. Paychex is scheduled to release fourth-quarter fiscal 2026 results on June 24.
SAN FRANCISCO--(BUSINESS WIRE)--Samsara Inc. (NYSE: IOT), the pioneer of the Connected Operations® Platform, reported financial results for the first quarter ended May 2, 2026, and released a shareholder letter accessible from the Samsara investor relations website at investors.samsara.com. “Samsara delivered a strong Q1, approaching $2B in ARR with 30% growth and GAAP EPS profitability for the third consecutive quarter,” said Sanjit Biswas, CEO and Co-founder, Samsara. “Our customers are facin.
SAN FRANCISCO--(BUSINESS WIRE)--Samsara Inc. (NYSE: IOT), the pioneer of the Connected Operations® Platform, today reported Q1 FY27 results driven by accelerating growth at scale, deepening enterprise adoption, and momentum in Operational AI. Nearly $2 billion in ARR, 30% year-over-year (YoY) growth $101 million in net new ARR, 30% YoY growth $1.2 billion in ARR from $100K+ customers, 37% YoY growth, accelerating for the third straight quarter 62% YoY ARR growth from $1M+ customers, acceleratin.
Samsara Inc. (IOT) came out with quarterly earnings of $0.17 per share, beating the Zacks Consensus Estimate of $0.13 per share. This compares to earnings of $0.11 per share a year ago.
Samsara NYSE: IOT reported a strong start to fiscal 2027, with executives highlighting accelerating growth among large customers, expanding adoption of emerging products and continued profitability during the company's first-quarter earnings call.
Samsara Inc. is evolving into a critical AI-driven connected operations platform for the physical economy, bridging SaaS with real-world asset optimization. Fiscal Q1 2027 delivered 31% revenue growth to $478.8M, 30% ARR growth, and notable margin expansion, supporting a premium valuation. IOT's aggressive cross-selling, AI product launches, and enterprise customer growth underpin robust recurring revenue and expanding profitability.
Shares of Samsara Inc NYSE: IOT were trading around $36 early on Friday as the market continued to digest the company's Q1 earnings, released Thursday night. The stock has spent much of the past year trying to convince the market that it's not just another victim of the AI-driven SaaSpocalypse.
SAN FRANCISCO--(BUSINESS WIRE)--Samsara Inc. ("Samsara") (NYSE: IOT), the pioneer of the Connected Operations® Platform, today announced it will host its Investor Day on June 24, 2026, from 2:30 – 5:00 p.m. Pacific Time (5:30 – 8:00 p.m. Eastern Time).
Members of Samsara’s executive leadership team will discuss updates to the company’s vision, product platform, customer momentum, and financials. Featured speakers include:
Sanjit Biswas, Chief Executive Officer and Co-Founder Johan Land, Chief Product Officer David Gal, Vice President of Product and Engineering Amit Vyas, Chief Revenue Officer Dominic Phillips, Chief Financial Officer A live webcast will begin at 2:30 p.m. Pacific Time (5:30 p.m. Eastern Time) on June 24, 2026. Registration for access to the webcast can be found at this link.
A replay will be available following the conclusion of the event at investors.samsara.com.
About Samsara
Samsara (NYSE: IOT) is the pioneer of the Connected Operations® Platform, which is an open platform that connects the people, devices, and systems of some of the world’s most complex operations, allowing them to develop actionable insights and improve their operations. With tens of thousands of customers across North America and Europe, Samsara is a proud technology partner to the people who keep our global economy running, including the world’s leading organizations across industries in transportation, construction, wholesale and retail trade, field services, logistics, manufacturing, utilities and energy, government, healthcare and education, food and beverage, and others. The company's mission is to increase the safety, efficiency, and sustainability of the operations that power the global economy.
Samsara Inc. (IOT - Free Report) closed the last trading session at $34.06, gaining 17.2% over the past four weeks, but there could be plenty of upside left in the stock if short-term price targets set by Wall Street analysts are any guide. The mean price target of $43.67 indicates a 28.2% upside potential.
The mean estimate comprises 18 short-term price targets with a standard deviation of $5.35. While the lowest estimate of $30.00 indicates a 11.9% decline from the current price level, the most optimistic analyst expects the stock to surge 55.6% to reach $53.00. It's very important to note the standard deviation here, as it helps understand the variability of the estimates. The smaller the standard deviation, the greater the agreement among analysts.
While the consensus price target is a much-coveted metric for investors, solely banking on this metric to make an investment decision may not be wise at all. That's because the ability and unbiasedness of analysts in setting price targets have long been questionable.
However, an impressive consensus price target is not the only factor that indicates a potential upside in IOT. This view is strengthened by the agreement among analysts that the company will report better earnings than what they estimated earlier. Though a positive trend in earnings estimate revisions doesn't give any idea as to how much the stock could surge, it has proven effective in predicting an upside.
Price, Consensus and EPS Surprise
Here's What You Should Know About Analysts' Price TargetsAccording to researchers at several universities across the globe, a price target is one of many pieces of information about a stock that misleads investors far more often than it guides. In fact, empirical research shows that price targets set by several analysts, irrespective of the extent of agreement, rarely indicate where the price of a stock could actually be heading.
While Wall Street analysts have deep knowledge of a company's fundamentals and the sensitivity of its business to economic and industry issues, many of them tend to set overly optimistic price targets. Are you wondering why?
They usually do that to drum up interest in shares of companies that their firms either have existing business relationships with or are looking to be associated with. In other words, business incentives of firms covering a stock often result in inflated price targets set by analysts.
However, a tight clustering of price targets, which is represented by a low standard deviation, indicates that analysts have a high degree of agreement about the direction and magnitude of a stock's price movement. While that doesn't necessarily mean the stock will hit the average price target, it could be a good starting point for further research aimed at identifying the potential fundamental driving forces.
That said, while investors should not entirely ignore price targets, making an investment decision solely based on them could lead to disappointing ROI. So, price targets should always be treated with a high degree of skepticism.
Here's Why There Could be Plenty of Upside Left in IOTThere has been increasing optimism among analysts lately about the company's earnings prospects, as indicated by strong agreement among them in revising EPS estimates higher. And that could be a legitimate reason to expect an upside in the stock. After all, empirical research shows a strong correlation between trends in earnings estimate revisions and near-term stock price movements.
Over the last 30 days, the Zacks Consensus Estimate for the current year has increased 23.2%, as one estimate has moved higher compared to no negative revision.
Moreover, IOT currently has a Zacks Rank #2 (Buy), which means it is in the top 20% of more than 4,000 stocks that we rank based on four factors related to earnings estimates. Given an impressive externally-audited track record, this is a more conclusive indication of the stock's potential upside in the near term. You can see the complete list of today's Zacks Rank #1 (Strong Buy) stocks here >>>> .
Therefore, while the consensus price target may not be a reliable indicator of how much IOT could gain, the direction of price movement it implies does appear to be a good guide.
Samsara Inc. (IOT - Free Report) could be a solid addition to your portfolio given a notable revision in the company's earnings estimates. While the stock has been gaining lately, the trend might continue since its earnings outlook is still improving.
The rising trend in estimate revisions, which is a result of growing analyst optimism on the earnings prospects of this company, should get reflected in its stock price. After all, empirical research shows a strong correlation between trends in earnings estimate revisions and near-term stock price movements. Our stock rating tool -- the Zacks Rank -- has this insight at its core.
The five-grade Zacks Rank system, which ranges from a Zacks Rank #1 (Strong Buy) to a Zacks Rank #5 (Strong Sell), has an impressive externally-audited track record of outperformance, with Zacks #1 Ranked stocks generating an average annual return of +25% since 2008.
For Samsara Inc., strong agreement among the covering analysts in revising earnings estimates upward has resulted in meaningful improvement in consensus estimates for the next quarter and full year.
The chart below shows the evolution of forward 12-month Zacks Consensus EPS estimate:
12 Month EPS
Current-Quarter Estimate RevisionsThe earnings estimate of $0.15 per share for the current quarter represents a change of +25.0% from the number reported a year ago.
Over the last 30 days, the Zacks Consensus Estimate for Samsara Inc. has increased 40% because one estimate has moved higher compared to no negative revisions.
Current-Year Estimate RevisionsFor the full year, the earnings estimate of $0.69 per share represents a change of +23.2% from the year-ago number.
In terms of estimate revisions, the trend for the current year also appears quite encouraging for Samsara Inc.. Over the past month, one estimate has moved higher compared to no negative revisions, helping the consensus estimate increase 23.24%.
Favorable Zacks RankThanks to promising estimate revisions, Samsara Inc. currently carries a Zacks Rank #2 (Buy). The Zacks Rank is a tried-and-tested rating tool that helps investors effectively harness the power of earnings estimate revisions and make the right investment decision.
You can see the complete list of today's Zacks #1 Rank (Strong Buy) stocks here.
Our research shows that stocks with Zacks Rank #1 (Strong Buy) and 2 (Buy) significantly outperform the S&P 500.
Bottom LineInvestors have been betting on Samsara Inc. because of its solid estimate revisions, as evident from the stock's 17.2% gain over the past four weeks. As its earnings growth prospects might push the stock higher, you may consider adding it to your portfolio right away.
For new and old investors, taking full advantage of the stock market and investing with confidence are common goals. Zacks Premium provides lots of different ways to do both.
Featuring daily updates of the Zacks Rank and Zacks Industry Rank, full access to the Zacks #1 Rank List, Equity Research reports, and Premium stock screens, the research service can help you become a smarter, more self-assured investor.
Zacks Premium includes access to the Zacks Style Scores as well.
What are the Zacks Style Scores? The Zacks Style Scores is a unique set of guidelines that rates stocks based on three popular investing types, and were developed as complementary indicators for the Zacks Rank. This combination helps investors choose securities with the highest chances of beating the market over the next 30 days.
Based on their value, growth, and momentum characteristics, each stock is assigned a rating of A, B, C, D, or F. The better the score, the better chance the stock will outperform; an A is better than a B, a B is better than a C, and so on.
The Style Scores are broken down into four categories:
Value ScoreFinding good stocks at good prices, and discovering which companies are trading under their true value, are what value investors like to focus on. So, the Value Style Score takes into account ratios like P/E, PEG, Price/Sales, Price/Cash Flow, and a host of other multiples to highlight the most attractive and discounted stocks.
Growth ScoreGrowth investors, on the other hand, are more concerned with a company's financial strength and health, and its future outlook. The Growth Style Score examines things like projected and historic earnings, sales, and cash flow to find stocks that will experience sustainable growth over time.
Momentum ScoreMomentum traders and investors live by the saying "the trend is your friend." This investing style is all about taking advantage of upward or downward trends in a stock's price or earnings outlook. Employing factors like one-week price change and the monthly percentage change in earnings estimates, the Momentum Style Score can indicate favorable times to build a position in high-momentum stocks.
VGM ScoreWhat if you like to use all three types of investing? The VGM Score is a combination of all Style Scores, making it one of the most comprehensive indicators to use with the Zacks Rank. It rates each stock on their combined weighted styles, which helps narrow down the companies with the most attractive value, best growth forecast, and most promising momentum.
How Style Scores Work with the Zacks Rank The Zacks Rank, which is a proprietary stock-rating model, employs earnings estimate revisions, or changes to a company's earnings expectations, to make building a winning portfolio easier.
It's highly successful, with #1 (Strong Buy) stocks producing an unmatched +23.7% average annual return since 1988. That's more than double the S&P 500. But because of the large number of stocks we rate, there are over 200 companies with a Strong Buy rank, plus another 600 with a #2 (Buy) rank, on any given day.
But it can feel overwhelming to pick the right stocks for you and your investing goals with over 800 top-rated stocks to choose from.
That's where the Style Scores come in.
To have the best chance of big returns, you'll want to always consider stocks with a Zacks Rank #1 or #2 that also have Style Scores of A or B, which will give you the highest probability of success. If you're looking at stocks with a #3 (Hold) rank, it's important they have Scores of A or B as well to ensure as much upside potential as possible.
The direction of a stock's earnings estimate revisions should always be a key factor when choosing which stocks to buy, since the Scores were created to work together with the Zacks Rank.
For instance, a stock with a #4 (Sell) or #5 (Strong Sell) rating, even one that boasts Scores of A and B, still has a downward-trending earnings forecast, and a much greater likelihood its share price will decline as well.
Thus, the more stocks you own with a #1 or #2 Rank and Scores of A or B, the better.
Stock to Watch: Samsara Inc. (IOT - Free Report) Samsara provides a cloud-based Connected Operations Platform that enables organizations with physical operations to increase safety, efficiency, and sustainability. The platform unifies data from Internet-connected devices, third-party systems, and enterprise applications, delivering insights through a web dashboard, mobile apps, alerts, and automated workflows.
IOT is a #3 (Hold) on the Zacks Rank, with a VGM Score of B.
Momentum investors should take note of this Computer and Technology stock. IOT has a Momentum Style Score of A, and shares are up 18.6% over the past four weeks.
Five analysts revised their earnings estimate upwards in the last 60 days for fiscal 2027. The Zacks Consensus Estimate has increased $0.05 to $0.74 per share. IOT boasts an average earnings surprise of +41.4%.
With a solid Zacks Rank and top-tier Momentum and VGM Style Scores, IOT should be on investors' short list.
