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Samsara Inc (IOT)

Fair Value
TechnologySoftware - InfrastructureUnited States

Fundamental

60

Price

$38.13

Market Cap

$22.21B

Part 1 · What the company is worth

Overview

Samsara Inc. provides solutions to connect physical operations data to its connected operations platform in the United States and internationally. The company's Connected Operations Platform includes Data Platform, which ingests, aggregates, and enriches data from its IoT devices and a growing ecosystem of connected assets and third-party systems, and which has embedded capabilities for AI, workflows and analytics, alerts, API connections, and data security and privacy. Its applications include video-based safety; and telematics, which provides visibility into real-time vehicle location and diagnostics with GPS tracking, routing and dispatch, fuel management, driver recognition, electric vehicle usage and charge planning, preventative maintenance, and insights to manage fuel and energy costs. The company also provides site visibility that provides remote visibility into sites to enhance onsite security, safety, and incident response times. It serves transportation, construction, wholesale and retail trade, field services, logistics, manufacturing, utilities and energy, government, healthcare and education, food and beverage, and other industries. The company was incorporated in 2015 and is headquartered in San Francisco, California.

No editorial profile for this company yet

Direct competitors

Who this company fights with for the same customers

Compare

Generated on September 18, 2026 with claude-haiku-4-5 — shared with all users

P/E: 11.9Score: 65Market cap: $193.94B

Through its Verizon Connect division, named as a competitor in Samsara's 10-K, Verizon sells fleet tracking and ELD subscriptions to the same large, compliance-driven fleet customers.

Motive Technologies, Inc.Not tracked

Motive sells the same all-in-one platform of AI dash cams, ELD compliance and vehicle tracking to North American trucking and mixed commercial fleets that Samsara targets, and the two routinely compete in the same deals.

Lytx, Inc.Not tracked

Samsara's own 10-K names Lytx as its main rival in video-based safety, where both sell dash cams plus machine-vision driver coaching to fleet operators.

Geotab Inc.Not tracked

Geotab is named in Samsara's 10-K as a telematics competitor and sells GPS tracking, engine diagnostics and compliance reporting to the same commercial and public-sector fleets worldwide.

Solera Holdings, LLC (Omnitracs, SmartDrive)Not tracked

Solera owns Omnitracs and SmartDrive, both named in Samsara's 10-K, and sells fleet telematics, compliance and video safety software to the same trucking and transport operators.

Powerfleet, Inc.AIOT

Powerfleet's own annual report lists Samsara among its direct competitors: both sell connected-operations subscriptions for vehicle, trailer and industrial-asset tracking to commercial fleets.

Balance Sheet & Liquidity

Revenue

$1.85B

Trailing 12 months (through 8/1/2026)

Net Income

$91M

Trailing 12 months (through 8/1/2026)

Free Cash Flow

$207M

Total Equity

$1.42B

Total Liabilities

$1.12B

Current Ratio

1.62

Interest Coverage

-

Debt/EBITDA

-

Earnings Per Share

Revenue & Net Income

Free Cash Flow

Income Breakdown

Historical statement

Margins over time

Debt over time

How heavy the debt is

Growth grid

Growth — Revenue

Fair Value Estimation

General caseFairly Valued

Fair Value

$44.69

Current Price

$38.13

Margin of Safety

+14.7%

Fair Value Range

$29.05 - $60.33

Spread across the valuation methods used, not a statistically calibrated confidence interval.

Estimation Methods

Analyst price target:$52.16
Discounted cash flow (DCF):Not enough data to compute it
Earnings multiple (P/E):$7.36
Graham growth formula:$2.44
Earnings power value (EPV):$0.22
Justified P/B:$0.97
Dividend discount (Gordon):Not enough data to compute it
P/FFO, funds from operations:Not enough data to compute it
Mid-cycle earnings:Not enough data to compute it
Revenue multiple:$15.97
Analyst Consensus:Buy (21B / 7H / 0S)
Last Earnings Surprise:+23.92%

Valuation Metrics

P/E Ratio

238.31

ROE

-0.6%

P/B Ratio

9.05

P/FCF

56.76

Gross Margin

76.4%

ROIC

0.9%

Profitability Radar

Value Creation (Economic Moat)

ROIC

0.9%

WACC

11.8%

ROIC − WACC

-10.9 pp

ROIC is below the cost of capital — the company is destroying value for every dollar invested.

Fundamental Analysis Criteria

Passed (16)

  • EPS shows upward trend
  • Price CAGR 6.43%
  • Gross Margin 76.4%
  • Debt/Equity ratio
  • Positive Free Cash Flow
  • CapEx intensity
  • Current Ratio
  • Return on Tangible Assets
  • Low reliance on intangibles
  • Revenue Growth 5Y 45.3%
  • Analyst Consensus 75% Buy
  • Earnings Surprise avg 29.2%
  • Earnings Quality (OCF/NI) 3.18
  • Share Dilution -17.6%
  • Net Margin Trend 4.9% vs -6.2%
  • Piotroski F-Score 8/9

Failed (7)

  • ROIC 0.8%
  • P/FCF 56.76
  • P/B Ratio 9.05
  • Operating Margin 1.0%
  • Price below Graham Number
  • DCF valuation (Unknown)
  • ROE 6.2%

Unavailable (4)

  • Dividend Payout NaN%
  • Interest Coverage
  • Debt/EBITDA
  • PEG Ratio (need PE > 0 and growth > 0)

Piotroski F-Score

8/9

Strong financial health

score
criteria

Earnings Quality

3.18

High quality: earnings backed by cash

Share Dilution

-17.6%

Buying back shares. Shareholder friendly

Institutional Holdings

Governance

Executive Team

NameTitleAge
Mr. Sanjit BiswasCo-Founder, CEO & Chairman43
Mr. John BicketCo-Founder, Executive VP, CTO & Director45
Mr. Dominic PhillipsExecutive VP & CFO42
Mr. Adam Eltoukhy J.D.Executive VP, CAO & Corporate Secretary41
Mr. Robert StobaughChief Operating Officer-
Mr. Ben KirchhoffChief Accounting Officer-
Mr. Stephen FranchettiChief Information Officer-
Mr. Mike ChangVice President of Corporate Development & Investor Relations-
Ms. Meagen EisenbergChief Marketing Officer50
Mr. Benjamin CalderonExecutive VP and CTO of Hardware & Operations51

Audit Risk

1

Board Risk

7

Compensation Risk

8

Shareholder Rights Risk

9

Part 2 · The price and when to enter

This part won't tell you whether the company is worth owning: it helps you choose when to buy it, once the fundamentals have convinced you. Inside: technical analysis, potential, historical drawdowns, gamma exposure.

Documents

  • Annual Report (10-K)

    A yearly overview of the business, its financial results, and the risks it faces.

    Filed on 2026-03-16

    View document
  • Quarterly Report (10-Q)

    A snapshot of financial performance for the most recent three-month period.

    Filed on 2026-09-08

    View document
  • Current Report (8-K)

    An announcement of a major event, such as a leadership change or big news.

    Filed on 2026-09-03

    View document

via SEC EDGAR

Income History

via SEC EDGAR

Latest News

Recent headlines for IOT, sourced from Markets Gazette.

  • 3/7/2026POSITIVE
    These Analysts Revise Their Forecasts On Samsara Following Upbeat Q4 Earnings

    Samsara Inc. (NYSE:IOT) has announced stronger-than-anticipated fourth-quarter earnings, accompanied by an upward revision of its future guidance. This positive financial performance has prompted analysts to issue favorable ratings and increase their price targets for the stock. The company's ability to exceed expectations and project a more optimistic outlook suggests robust operational execution and market positioning, which is likely to be well-received by investors seeking growth opportunities. The sustained positive sentiment from analysts indicates confidence in Samsara's continued trajectory.

  • 3/5/2026NEUTRAL
    Samsara (IOT) Q4 2026 Earnings Call Transcript

    The Q4 2026 earnings call transcript for Samsara Inc. (IOT) was released on March 5, 2026. While detailed content is unavailable, the release of an earnings transcript is a standard event for publicly traded companies. Without specific data on financial performance, guidance, or management commentary, the impact on the stock is considered neutral pending further analysis. Investors should consult the full document to assess future outlook and key metrics.

  • 3/5/2026POSITIVE
    Samsara Stock Surges On Q4 Earnings Surprise, Strong Outlook

    Samsara Inc. (NYSE:IOT) shares are surging after Thursday's closing bell, following better-than-expected fourth-quarter earnings results. The company surpassed analyst forecasts, indicating strong operational performance and an encouraging growth outlook for the upcoming fiscal year. This positive momentum, fueled by the earnings surprise and a favorable outlook, suggests Samsara is gaining market share and strengthening its position in the fleet management and industrial IoT technology sector. Investors should closely monitor the guidance details to confirm the sustainability of this trajectory.

via Markets Gazette