Samsara Inc (NYSE:IOT) price on Wednesday, April 30, rose 1.07% above its previous day’s close as an upside momentum from buyers pushed the stock’s value to $39.66.
A look at the stock’s price movement, the close in the last trading session was $39.24, moving within a range at $37.0701 and $39.695. The beta value (5-Year monthly) was 1.711. Turning to its 52-week performance, $61.90 and $27.14 were the 52-week high and 52-week low respectively. Overall, IOT moved 3.47% over the past month.
Samsara Inc’s market cap currently stands at around $22.58 billion, with investors looking forward to this quarter’s earnings report slated for on 2025-Mar-05.
Turning to the stock’s technical picture we see that short term indicators suggest on average that IOT is a 50% Sell. On the other hand, the stock is on average a 100% Sell as suggested by medium term indicators while long term indicators are putting the stock in 100% Sell category.
10 analyst(s) have given their forecast ratings for the stock on a scale of 1.00-5.00 for a strong buy to strong sell recommendation. A total of 2 analyst(s) rate the stock as a Hold, 8 recommend IOT as a Buy and 0 give it an Overweight rating. Meanwhile, 0 analyst(s) rate the stock as Underweight and 0 say it is a Sell. As such, the average rating for the stock is Buy which could provide an opportunity for investors keen on increasing their holdings of the company’s stock.
IOT’s current price about 6.35% and -2.39% off the 20-day and 50-day simple moving averages respectively. The Relative Strength Index (RSI, 14) currently prints 53.06, while 7-day volatility ratio is 4.39% and 6.13% in the 30-day chart. Further, Samsara Inc (IOT) has a beta value of 1.71, and an average true range (ATR) of 2.22. Analysts have given the company’s stock an average 52-week price target of $50.5, forecast between a low of $42 and high of $63. Looking at the price targets, the low is -5.9% off current price level while to achieve the yearly target high, price needs to move -58.85%. Nonetheless, investors will most likely welcome a -27.33% jump to $50.5 which is the analysts’ median price.
If we refocus on Samsara Inc (NYSE:IOT), historical trading data shows that trading volumes averaged 3.31 over the past 10 days and 4.72 million over the past 3 months. The company’s latest data on shares outstanding shows there are 295.84 million shares.
The 51.07% of Samsara Inc’s shares are in the hands of company insiders while institutional holders own 40.02% of the company’s shares. Also important is the data on short interest which shows that short shares stood at 13.49 million on 2025-04-15, giving us a short ratio of 2.46. The data shows that as of 2025-04-15 short interest in Samsara Inc (IOT) stood at 508.0 of shares outstanding, with shares short rising to 11.08 million registered in 2025-03-14. Current price change has pushed the stock -9.22% YTD, which shows the potential for further growth is there. It is this reason that could see investor optimism for the IOT stock continues to rise going into the next quarter.
