Assessing Samsara: Insights From 8 Financial Analysts
Portfolio Pulse from Benzinga Insights
Analysts' ratings for Samsara (NYSE:IOT) over the last quarter show a mix of bullish to bearish sentiments. The average 12-month price target has decreased by 3.77% to $41.38. Samsara has shown strong revenue growth but faces challenges in profitability and returns.
June 28, 2024 | 2:01 pm
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Samsara (NYSE:IOT) has received mixed analyst ratings over the last quarter, with a decrease in the average 12-month price target to $41.38. The company has shown strong revenue growth but faces challenges in profitability and returns.
The mixed analyst ratings and the decrease in the average price target suggest uncertainty about Samsara's short-term performance. While the company has shown strong revenue growth, its profitability and returns are below industry averages, which could weigh on investor sentiment.
CONFIDENCE 90
IMPORTANCE 80
RELEVANCE 100