Profile
Sector:
TechnologyIndustry:
Software InfrastructureCountry:
United StatesIPO:
15 December 2021Website:
http://www.samsara.comNext earnings report:
29 November 2024Last dividends:
N/ANext dividends:
N/APrice
after hours | Tue, 29 Oct 2024 23:38:55 GMTDividend
Analysts recommendations
Institutional Ownership
Included in screeners
IOT Latest News
RESTON, Va., Oct. 29, 2024 (GLOBE NEWSWIRE) -- Carahsoft Technology Corp., The Trusted Government IT Solutions Provider®, today announced that it has been named the 2024 Rookie of the Year by Samsara Inc. (NYSE: IOT), the pioneer of the Connected Operations® Cloud. The award recognizes Carahsoft's outstanding impact and dedication in advancing Samsara's fleet management solutions across the Public Sector.
Samsara Inc. (IOT) reachead $47.59 at the closing of the latest trading day, reflecting a -0.21% change compared to its last close.
Samsara, a debt-free company, is rapidly growing and expanding profitability, with revenues surpassing $1 billion and maintaining a growth rate over 30%. Despite appearing expensive at 170x forward non-GAAP operating profits, the market underestimates Samsara's rapid profitability expansion and future potential. Samsara's focus on large enterprises, new product offerings, and international expansion positions it well for continued robust growth and market share capture.
LONDON--(BUSINESS WIRE)--Samsara helps Otto Car to track its air quality efforts and prove a reduction of 50k tonnes of CO2 emissions in 12 months.
The Investment Committee give you their top stocks to watch.
IOT is experiencing strong growth fueled by the ongoing digitization wave. Its partnership with Esri will boost prospects.
The Investment Committee give you their top stocks to watch for the second half.
IOT's stock is driven by an expanding clientele and strong adoption of its AI and telematics solutions.
Samsara's Q2 FY2025 results showed strong growth, with a 36% YoY increase in annual recurring revenue, but shares now trade at high valuation multiples. Despite the impressive growth, high volatility and elevated share price led me to downgrade IOT to a hold, awaiting a potential pullback. Samsara's focus on acquiring high-value customers and new product adoption, like the industrial-grade Bluetooth Asset Tag, is crucial for future profitability.
Samsara CEO Sanjit Biswas joins ‘Closing Bell Overtime' to discuss their latest quarterly earnings, growth in Europe and other regions, and more.
What type of business is Samsara?
Samsara Inc. provides solutions that connects physical operations data to its connected operations cloud in the United States and internationally. The company's Connected Operations Cloud includes Data Platform, which ingests, aggregates, and enriches data from its IoT devices and has embedded capabilities for AI, workflows and analytics, alerts, API connections, and data security and privacy. Its applications include video-based safety that enables customers to build a safety program and protect their teams with AI-enabled video; vehicle telematics which provides visibility into real-time vehicle location and diagnostics with GPS tracking, routing and dispatch, fuel efficiency management, electric vehicle usage and charge planning, preventative maintenance, and insights to manage fuel and energy costs; and mobile apps and workflows that improves productivity for frontline workers and enables regulatory compliance for workers to see upcoming jobs, capture electronic documents, perform maintenance inspections, maintain compliance logs, and message with back-office administration. The company also provides equipment monitoring which offers visibility and management of unpowered and powered assets, ranging from generators and compressors to heavy construction equipment and trailers to improve operating efficiency, prevent unplanned downtime, and avoid critical safety and compliance issues; and site visibility that provides remote visibility into sites to improve onsite security, safety, and incident response times. It serves transportation, wholesale and retail trade, construction, field services, logistics, utilities and energy, healthcare and education, manufacturing, food and beverage, and other industries, as well as government. Samsara Inc. was incorporated in 2015 and is headquartered in San Francisco, California.
What sector is Samsara in?
Samsara is in the Technology sector
What industry is Samsara in?
Samsara is in the Software Infrastructure industry
What country is Samsara from?
Samsara is headquartered in United States
When did Samsara go public?
Samsara initial public offering (IPO) was on 15 December 2021
What is Samsara website?
https://www.samsara.com
Is Samsara in the S&P 500?
No, Samsara is not included in the S&P 500 index
Is Samsara in the NASDAQ 100?
No, Samsara is not included in the NASDAQ 100 index
Is Samsara in the Dow Jones?
No, Samsara is not included in the Dow Jones index
When was Samsara the previous earnings report?
No data
When does Samsara earnings report?
The next expected earnings date for Samsara is 29 November 2024