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What 10 Analyst Ratings Have To Say About Samsara

Benzinga ·  Dec 4, 2023 10:00

Within the last quarter, Samsara (NYSE:IOT) has observed the following analyst ratings:

BullishSomewhat BullishIndifferentSomewhat BearishBearish
Total Ratings24400
Last 30D10000
1M Ago12400
2M Ago01000
3M Ago01000

These 10 analysts have an average price target of $32.6 versus the current price of Samsara at $34.6568, implying downside.

Below is a summary of how these 10 analysts rated Samsara over the past 3 months. The greater the number of bullish ratings, the more positive analysts are on the stock and the greater the number of bearish ratings, the more negative analysts are on the stock

price target chart

This average price target has increased by 10.51% over the past month.

Stay up to date on Samsara analyst ratings.

Analyst Ratings: What Are They?

Benzinga tracks 150 analyst firms and reports on their stock expectations. Analysts typically arrive at their conclusions by predicting how much money a company will make in the future, usually the upcoming five years, and how risky or predictable that company's revenue streams are.

Analysts attend company conference calls and meetings, research company financial statements, and communicate with insiders to publish their ratings on stocks. Analysts typically rate each stock once per quarter or whenever the company has a major update.

Some analysts publish their predictions for metrics such as growth estimates, earnings, and revenue to provide additional guidance with their ratings. When using analyst ratings, it is important to keep in mind that stock and sector analysts are also human and are only offering their opinions to investors.

If you want to keep track of which analysts are outperforming others, you can view updated analyst ratings along withanalyst success scores in Benzinga Pro.

This article was generated by Benzinga's automated content engine and reviewed by an editor.

Disclaimer: This content is for informational and educational purposes only and does not constitute a recommendation or endorsement of any specific investment or investment strategy. Read more
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