What 5 Analyst Ratings Have To Say About Samsara
Portfolio Pulse from Benzinga Insights
Over the past three months, five analysts have shared their ratings on Samsara (NYSE:IOT), with opinions ranging from bullish to bearish. The average 12-month price target has decreased from $42.25 to $41.00. Analysts have maintained, lowered, or announced new ratings, reflecting their reactions to recent developments. Samsara's financial metrics show challenges in profitability and returns, despite notable revenue growth.
June 11, 2024 | 1:00 pm
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Analysts have mixed ratings on Samsara (NYSE:IOT) with an average 12-month price target of $41.00, down from $42.25. Financial metrics indicate challenges in profitability and returns, despite revenue growth.
The mixed analyst ratings and decreased price target suggest a neutral short-term impact on Samsara's stock price. While revenue growth is positive, challenges in profitability and returns may offset this, leading to a balanced outlook.
CONFIDENCE 90
IMPORTANCE 80
RELEVANCE 100