Wolfe Research increases Samsara's price target to $45, maintains Outperform rating
From Yahoo Finance: 2025-06-25 18:27:00
Wolfe Research raised Samsara’s price target to $45 from $41 in early June, maintaining its Outperform rating after a 12% stock drop post Q1 FY2026 earnings report.
The firm sees Samsara as a strong player in a fragmented market; cautious full-year guidance viewed as a smart move in current macro environment.
Wolfe values Samsara stock at 13.5 times projected revenue for 2026, a premium justified by solid execution in Q1. They believe other AI stocks offer higher returns with limited downside risk compared to IOT.
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Read more at Yahoo Finance: Wolfe Research Raises Samsara Target to $45, Maintains Outperform