Samsara Inc. (NYSE:IOT) tops the list of best logistics-tech stocks to buy now, with 42 hedge funds holding stake in it. TD Cowen raised its price target to $55 following fiscal Q3 results, citing strong revenue beat and customer growth. Samsara’s Q3 FY26 earnings showed revenue of $270 million, a 38% increase year-over-year, with ARR surpassing $997 million.

The company saw a 39% growth in ARR, reaching $997 million, and added 1,848 customers generating over $100,000 in ARR. Strong demand was noted for Video-Based Safety and Equipment Monitoring solutions. TD Cowen’s price target hike reflects confidence in Samsara’s performance and expansion.

Samsara Inc. provides a connected operations cloud platform for physical operations improvement. Based in San Francisco, California. While Samsara shows promise as an investment, other AI stocks may offer greater potential. Consider exploring undervalued AI stocks that benefit from current trends for significant upside.

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Read more at Yahoo Finance: Is Samsara the best logistic-tech stock to buy now?