Samsara is the pioneer of the Connected Operations Cloud, which allows businesses that depend on physical operations to harness IoT (Internet of Things) data to develop actionable business insights and improve their operations. Samsara operates in North America and Europe and serves more than 20,000 customers across a wide range of industries including transportation, wholesale and retail trade, construction, field services, logistics, utilities and energy, government, healthcare and education, manufacturing, and food and beverage.
IPO Year: 2021
Exchange: NYSE
Website: samsara.com
| Date | Price Target | Rating | Analyst |
|---|---|---|---|
| 12/6/2024 | $44.00 → $57.00 | Market Perform | BMO Capital Markets |
| 10/22/2024 | $48.00 | Hold | Craig Hallum |
| 10/8/2024 | $46.00 | Neutral | Exane BNP Paribas |
| 9/6/2024 | $40.00 → $44.00 | Market Perform | BMO Capital Markets |
| 6/20/2024 | $37.00 | Buy | BofA Securities |
| 4/18/2024 | $42.00 | Buy | Loop Capital |
| 10/25/2023 | $30.00 | Outperform | FBN Securities |
| 4/21/2023 | $20.00 | Hold | Truist |
| 3/23/2023 | $18.00 → $19.00 | Overweight → Equal-Weight | Morgan Stanley |
| 3/16/2023 | $21.00 | Neutral | Piper Sandler |
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BMO Capital Markets reiterated coverage of Samsara with a rating of Market Perform and set a new price target of $57.00 from $44.00 previously
Craig Hallum initiated coverage of Samsara with a rating of Hold and set a new price target of $48.00
Exane BNP Paribas initiated coverage of Samsara with a rating of Neutral and set a new price target of $46.00
BMO Capital Markets reiterated coverage of Samsara with a rating of Market Perform and set a new price target of $44.00 from $40.00 previously
BofA Securities initiated coverage of Samsara with a rating of Buy and set a new price target of $37.00
Loop Capital initiated coverage of Samsara with a rating of Buy and set a new price target of $42.00
FBN Securities initiated coverage of Samsara with a rating of Outperform and set a new price target of $30.00
Truist initiated coverage of Samsara with a rating of Hold and set a new price target of $20.00
Morgan Stanley downgraded Samsara from Overweight to Equal-Weight and set a new price target of $19.00 from $18.00 previously
Piper Sandler initiated coverage of Samsara with a rating of Neutral and set a new price target of $21.00
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144 - Samsara Inc. (0001642896) (Subject)
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10-Q - Samsara Inc. (0001642896) (Filer)
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SCHEDULE 13G/A - Samsara Inc. (0001642896) (Subject)
8-K/A - Samsara Inc. (0001642896) (Filer)
144 - Samsara Inc. (0001642896) (Subject)
144 - Samsara Inc. (0001642896) (Subject)
10-Q - Samsara Inc. (0001642896) (Filer)
Veteran Marketing Executive Joins Samsara Amidst Sustained Growth At Scale Samsara Inc. ("Samsara") (NYSE:IOT), the pioneer of the Connected Operations™ Cloud, today announced it has named Meagen Eisenberg as Chief Marketing Officer. Eisenberg joins Samsara from Lacework, where she served as Chief Marketing Officer since 2022. Prior to Lacework, Eisenberg served as Chief Marketing Officer at MongoDB and TripActions and has nearly 25 years of leadership experience scaling high-growth companies. Eisenberg will report directly to Sanjit Biswas, Samsara's CEO and Co-founder, and will join the company on August 28, 2024. "We are excited to welcome Meagen to our team during this pivotal time
Accomplished Executive Brings Decades of Technology Leadership Experience Samsara Inc. ("Samsara") (NYSE:IOT), the pioneer of the Connected Operations™ Cloud, today announced the appointment of Alyssa Henry to its Board of Directors. Henry joins an accomplished group of board members including Marc Andreessen, Jonathan Chadwick, Sue Wagner, Sue Bostrom, Ann Livermore, Todd Bluedorn, and Samsara co-founders Sanjit Biswas and John Bicket. Henry brings over 25 years of leadership experience in software engineering and development, with a proven track record of driving innovation, scaling operations, and achieving significant growth in the technology sector. Henry served as Chief Executiv
TMS is leading the industry with an ambitious goal to reduce accidents and associated costs by 24% in 2024 Samsara Inc. ("Samsara") (NYSE:IOT), the pioneer of the Connected Operations™ Cloud, is pleased to announce its new collaboration with TMS, a top logistics and transportation company in Mexico. This strategic partnership has as its main objective the continuous improvement of road safety standards, with the ambitious objective of reducing accidents by 24% during the year 2024, as well as the costs associated with them. "By partnering with Samsara, we are taking a crucial step towards integrating cutting-edge safety and security solutions into our operations," commented Raúl Monroy
Accomplished Technology Executive to Lead Samsara's Global Field Operations Samsara Inc. ("Samsara") (NYSE:IOT), the pioneer of the Connected Operations™ Cloud, today announced the appointment of Lara Caimi as President of Worldwide Field Operations. Caimi joins Samsara's executive management team, reporting to Sanjit Biswas, CEO and Co-founder. Caimi is a recognized technology leader, with nearly 25 years of experience in the industry. Caimi joins Samsara from ServiceNow, where she served as Chief Customer and Partner Officer, overseeing nearly 2,500 global employees across organizations including customer success, professional services, ecosystem training, customer experience and chan
Pickle to drive innovative people strategies as the company scales Samsara Inc. ("Samsara") (NYSE:IOT), the pioneer of the Connected Operations Cloud, today announced the hiring of Steve Pickle as Chief People Officer, effective October 10, 2022. Pickle joins Samsara from Salesforce where he served as Executive Vice President of Global People Strategy and Operations. At Salesforce he led a global team of HR professionals, data scientists, and technology specialists to deliver a world-class working environment and culture for Salesforce while helping double the scale of the company to approximately 80,000 employees. Pickle will join Samsara's executive management team and report directly to
Samsara Welcomes Jürgen Schachner as Regional Sales Director, DACH, to Join Growing Team in Munich Samsara Inc. ("Samsara") (NYSE:IOT), the pioneer of the Connected Operations Cloud, today announced the appointment of Jürgen Schachner as Regional Sales Director, DACH, and the opening of a new office in Munich, Germany, that will serve as a hub for the German-speaking region. The announcements support Samsara's plans to further expand its European presence and support its international growth. Samsara has grown from zero to $660M+ of annual recurring revenue in just seven years, one of the fastest SaaS companies to achieve this milestone. Samsara also reported 989 customers with ARR over $
Samsara Inc. ("Samsara") (NYSE:IOT), the pioneer of the Connected Operations Cloud, today announced the hiring of Jeffrey Hausman as Chief Product Officer, effective July 25, 2022. Hausman joins Samsara from ServiceNow where he served as Senior Vice President and General Manager of the Operations Management Portfolio - ITOM, ITAM, Security, Risk, and ESG. He brings a proven track record of over 25 years leading product development as a senior executive across a wide range of products at McAfee, Symantec, Hewlett-Packard, and Veritas. Hausman will join Samsara's executive management team and report directly to Sanjit Biswas, Samsara's co-founder and CEO. This press release features multimedi
Trayecto achieved a 90% increase in asset recovery and an 83% reduction in vehicle recovery time. Trayecto, Mexico's largest freight transport company with over 75 years of experience, drives more than 12 companies operating across 50+ strategic locations in Mexico and the United States. With nine transport companies under its umbrella, Trayecto sought a way to standardize operations, gain complete visibility over assets, improve driver behavior, and address asset security challenges to mitigate theft incidents in a diverse operational environment. Achieving these goals required efficient management and real-time access to information. Samsara, the pioneer of the Connected Operation
Samsara ends Q3 FY25 with $1.35B in ARR as innovative solutions drive demand Samsara Inc. ("Samsara") (NYSE:IOT), the pioneer of the Connected Operations® Cloud, today revealed strong growth in its new frontiers as the company experiences high global demand for its innovative solutions that increase safety, efficiency, and sustainability. Samsara's at-scale breadth across products, customer sizes, end markets, and geographies is a key differentiator and driver of performance. Highlights include: International Growth Milestones: 17% of Samsara's net new ACV in Q3 came from international markets, marking the second-highest contribution to date. Mexico achieved its highest-ever quarterly
Q3 revenue of $322.0 million, representing 36% year-over-year growth Ending ARR of $1.349 billion, representing 35% year-over-year growth 2,303 customers with ARR over $100,000, up 38% year-over-year Samsara Inc. (NYSE:IOT), the pioneer of the Connected Operations® Cloud, reported financial results for the third quarter ended November 2, 2024, and released a shareholder letter accessible from the Samsara investor relations website at investors.samsara.com. "We achieved another strong quarter of durable and efficient growth at a greater scale," said Sanjit Biswas, CEO and co-founder of Samsara. "We ended Q3 at $1.35 billion in ARR, growing 35% year-over-year, and achieved a quart
New solutions trained on the world's largest connected operations data set to surface insights, automate tasks, and help make better decisions Samsara Inc. ("Samsara") (NYSE:IOT), the pioneer of the Connected Operations® Cloud, today introduced Samsara Intelligence, an expanded suite of AI offerings designed to help customers make smarter decisions and run safer, more efficient operations. Trained on the world's largest Connected Operations data set,1 Samsara Intelligence combines cutting-edge AI technologies with real-world use cases to address the complex challenges faced by operations teams worldwide. This press release features multimedia. View the full release here: https://www.busi
Samsara Inc. ("Samsara") (NYSE:IOT), the pioneer of the Connected Operations® Cloud, today announced that it will release its financial results for the third quarter of fiscal year 2025, which ended November 2, 2024, after the U.S. market closes on Thursday, December 5, 2024. Samsara will host a live webcast that day at 2:00 p.m. Pacific time (5:00 p.m. Eastern time) to discuss the results. Event: Samsara's Third Quarter Fiscal Year 2025 Financial Results Date: Thursday, December 5, 2024 Time: 2:00 p.m. Pacific time (5:00 p.m. Eastern time) Webcast: Registration A webcast replay will be accessible from the Samsara investor relations website at investors.samsara.com. The press release will
RESTON, Va., Oct. 29, 2024 (GLOBE NEWSWIRE) -- Carahsoft Technology Corp., The Trusted Government IT Solutions Provider®, today announced that it has been named the 2024 Rookie of the Year by Samsara Inc. (NYSE:IOT), the pioneer of the Connected Operations® Cloud. The award recognizes Carahsoft's outstanding impact and dedication in advancing Samsara's fleet management solutions across the Public Sector. "Government fleet management is crucial for maintaining safe and efficient communities," said Robert Williams, Director, Public Sector Partnerships at Samsara. "Since partnering with Carahsoft in February, we've significantly expanded our reach to Public Sector agencies. Our collaboration
Drowsiness Detection accurately detects and alerts against leading cause of severe road accidents to keep drivers safe Samsara Inc. ("Samsara") (NYSE:IOT), the pioneer of the Connected Operations® Cloud, today launched its Drowsiness Detection feature into general availability for customers globally. Drowsiness Detection uses Samsara's comprehensive AI models—trained on its large-scale dataset—to proactively detect when signs of drowsiness occur. Then, it triggers real-time in-cab audio alerts for drivers, while notifying managers via text or email to triage fatigue-related events in the moment. These insights can be viewed as aggregated reports within the Samsara Platform, allowing manage
Samsara Inc. ("Samsara") (NYSE:IOT), the pioneer of the Connected Operations® Cloud, today announced a new integration with Esri to enhance fleet management and real-time reporting for government agencies. This turnkey integration allows customers to leverage telematics data from Samsara, including location, utilization, and maintenance, within Esri's® ArcGIS® Velocity℠, a software-as-a-service IoT application for processing, visualizing, and analyzing real-time data. With these consolidated insights, public sector organizations can elevate citizen services, drive operational efficiency, and keep their communities safer. This press release features multimedia. View the full release here: ht
USA News Group CommentaryIssued on behalf of Scope AI Corp. VANCOUVER, BC, Sept. 27, 2024 /PRNewswire/ -- USA News Group – While the world is already witnessing a revolution in artificial intelligence (AI) tools, how tech is applied to our security is about to change. With the rise of upcoming quantum computing power, cybersecurity leaders in the USA are hard at work studying the systems and technology that can withstand the oncoming wave potential new threats to data security. The National Institute of Standards and Technology (NIST) recently published the world's first three official post-quantum cryptographic algorithms and tools designed to protect against future attacks. Meanwhile, in t
Prestigious list recognizes exceptional companies addressing global challenges and making a positive impact on the world Samsara Inc. ("Samsara") (NYSE:IOT), the pioneer of the Connected Operations® Cloud, today announced its inclusion in FORTUNE's 2024 Change the World list, which spotlights an elite group of companies that drive positive social impact through their core business strategy. Key criteria for the list include measurable social impact, business results, and degree of innovation. Samsara's impact through its Video-Based Safety solution was a central factor in the company's first appearance on the list. Physical operations are the backbone of the global economy, contributing t
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4 - Samsara Inc. (0001642896) (Issuer)
4 - Samsara Inc. (0001642896) (Issuer)
4 - Samsara Inc. (0001642896) (Issuer)
4 - Samsara Inc. (0001642896) (Issuer)