Samsara Inc. (IOT) stock closed down 0.91%, but analysts predict strong growth

From Nasdaq: 2025-01-10 18:15:21

In the latest trading session, Samsara Inc. (IOT) closed at $43.78, down 0.91% from the previous day, outperforming the S&P 500’s loss of 1.54%. Analysts predict the company will post an EPS of $0.07, a 75% growth year-over-year, with revenue estimated at $335.53 million, a 21.45% increase. The Zacks Rank for the stock is currently #2 (Buy).

Looking at valuation, Samsara Inc. is trading at a Forward P/E ratio of 197.82, compared to the industry average of 28.07. The company is part of the Internet – Software industry within the Computer and Technology sector, ranking in the top 12% of over 250 industries. Investors can monitor stock performance and industry rankings on Zacks.com.

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Read more at Nasdaq: Samsara Inc. (IOT) Stock Moves -0.91%: What You Should Know