Samsara dips despite earnings beat; provides optimistic guidance
FREE Breaking News Alerts from StreetInsider.com!
StreetInsider.com Top Tickers, 6/22/2026
- Wall St indexes advance with boost from chips, Iran optimism
- Intel soars after Trump says Apple agreed to work with chipmaker on US production
- Apple CEO warns price hikes 'unavoidable' as chip costs bite - WSJ
- Wall Street scrambles to lift Micron price targets ahead of earnings
- SanDisk and Micron surge as Apple confirms memory price pass-through
- Zelenskiy: best guarantee of Europe's future is fast-track EU membership for Ukraine
- Needham Starts NeoVolta (NEOV) at Buy
- CoreWeave trains DeepSeek-V3 in two minutes in MLPerf benchmark
- Companies to add 40 million barrels of oil to US SPR after Iran war ends, energy secretary says
- China makes small dent in deflation battle as supply-demand imbalance persists
RBC Capital Reiterates Outperform Rating on Samsara Inc (IOT)
June 7, 2024 6:20 AM EDTRBC Capital analyst Matthew Hedberg reiterated an Outperform rating and $47.00 price target on Samsara Inc (NYSE: IOT)
The analyst comments "Samsara delivered a strong start to the FY highlighted by +37% ARR growth that showed minimal deceleration from a strong Q4/24. We liked the ongoing large customer... More
Samsara Inc (IOT) PT Lowered to $40 at Evercore ISI
June 7, 2024 5:09 AM EDTEvercore ISI analyst Kirk Materne lowered the price target on Samsara Inc (NYSE: IOT) to $40.00 (from $41.00) while maintaining a In Line rating.
The analyst comments "IOT delivered another clean beat/raise against elevated expectations. While the 3% beat on revenue was a bit lower than prior quarters, we believe the long-term fundamentals remain intact and the company continues to grow net new ARR well above its peer group (+21% in... More
