Samsara Inc.

NYSE:IOT Stock Report

Market Cap: US$26.5b

Samsara Valuation

Is IOT undervalued compared to its fair value, analyst forecasts and its price relative to the market?

Valuation Score

1/6

Valuation Score 1/6

  • Below Fair Value

  • Significantly Below Fair Value

  • Price-To-Sales vs Peers

  • Price-To-Sales vs Industry

  • Price-To-Sales vs Fair Ratio

  • Analyst Forecast

Share Price vs Fair Value

What is the Fair Price of IOT when looking at its future cash flows? For this estimate we use a Discounted Cash Flow model.

Below Fair Value: IOT ($46.78) is trading below our estimate of fair value ($58.08)

Significantly Below Fair Value: IOT is trading below fair value, but not by a significant amount.

Key Valuation Metric

Which metric is best to use when looking at relative valuation for IOT?

Key metric: As IOT is unprofitable we use its Price-To-Sales Ratio for relative valuation analysis.

The above table shows the Price to Sales ratio for IOT. This is calculated by dividing IOT's market cap by their current revenue.
What is IOT's PS Ratio?
PS Ratio22.3x
SalesUS$1.18b
Market CapUS$26.47b

Price to Sales Ratio vs Peers

How does IOT's PS Ratio compare to its peers?

The above table shows the PS ratio for IOT vs its peers. Here we also display the market cap and forecasted growth for additional consideration.
CompanyForward PSEstimated GrowthMarket Cap
Peer Average12.1x
SPLK Splunk
6.3x10.9%US$26.4b
AZPN Aspen Technology
14.4x8.2%US$15.9b
TYL Tyler Technologies
12.5x9.2%US$26.3b
HUBS HubSpot
15.3x14.6%US$38.6b
IOT Samsara
22.3x18.7%US$26.5b

Price-To-Sales vs Peers: IOT is expensive based on its Price-To-Sales Ratio (22.3x) compared to the peer average (12.1x).

Price to Sales Ratio vs Industry

How does IOT's PS Ratio compare vs other companies in the US Software Industry?

77 CompaniesPrice / SalesEstimated GrowthMarket Cap
VYX NCR Voyix
0.6x-23.2%US$2.19b
PGY Pagaya Technologies
0.7x15.8%US$718.88m
XPER Xperi
0.9x1.8%US$482.82m
EGHT 8x8
0.5x1.5%US$349.52m
IOT 22.3xIndustry Avg. 5.7xNo. of Companies77PS048121620+
77 CompaniesEstimated GrowthMarket Cap
No more companies

Price-To-Sales vs Industry: IOT is expensive based on its Price-To-Sales Ratio (22.3x) compared to the US Software industry average (5.7x).

Price to Sales Ratio vs Fair Ratio

What is IOT's PS Ratio compared to its Fair PS Ratio? This is the expected PS Ratio taking into account the company's forecast earnings growth, profit margins and other risk factors.

IOT PS Ratio vs Fair Ratio.
Fair Ratio
Current PS Ratio22.3x
Fair PS Ratio11.9x

Price-To-Sales vs Fair Ratio: IOT is expensive based on its Price-To-Sales Ratio (22.3x) compared to the estimated Fair Price-To-Sales Ratio (11.9x).

Analyst Price Targets

What is the analyst 12-month forecast and do we have any statistical confidence in the consensus price target?

The above table shows the analyst IOT forecast and predictions for the stock price in 12 month’s time.
DateShare PriceAverage 1Y Price TargetDispersionHighLow1Y Actual priceAnalysts
CurrentUS$46.78
US$54.61
+16.7%
11.0%US$64.00US$44.00n/a17
Dec ’25US$53.49
US$48.61
-9.1%
12.5%US$64.00US$40.00n/a17
Nov ’25US$46.22
US$46.44
+0.5%
11.0%US$56.00US$40.00n/a17
Oct ’25US$46.74
US$44.91
-3.9%
10.3%US$55.00US$40.00n/a15
Sep ’25US$41.07
US$41.44
+0.9%
8.6%US$47.00US$35.00n/a15
Aug ’25US$36.66
US$41.24
+12.5%
8.3%US$47.00US$35.00n/a15
Jul ’25US$34.85
US$41.24
+18.3%
8.3%US$47.00US$35.00n/a15
Jun ’25US$33.93
US$41.40
+22.0%
7.9%US$47.00US$35.65n/a14
May ’25US$35.25
US$41.40
+17.5%
7.9%US$47.00US$35.65n/a14
Apr ’25US$36.00
US$41.36
+14.9%
8.2%US$47.00US$35.65n/a13
Mar ’25US$34.99
US$35.13
+0.4%
8.5%US$40.00US$30.00n/a13
Feb ’25US$31.63
US$35.13
+11.1%
8.5%US$40.00US$30.00n/a13
Jan ’25US$33.38
US$34.20
+2.5%
7.7%US$40.00US$30.00n/a13
Dec ’24US$34.59
US$33.08
-4.4%
6.9%US$36.00US$30.00US$53.4912
Nov ’24US$22.34
US$29.83
+33.5%
9.2%US$34.00US$25.00US$46.2212
Oct ’24US$25.21
US$29.82
+18.3%
9.6%US$34.00US$25.00US$46.7411
Sep ’24US$30.93
US$29.82
-3.6%
9.6%US$34.00US$25.00US$41.0711
Aug ’24US$27.46
US$27.36
-0.4%
14.1%US$32.00US$20.00US$36.6611
Jul ’24US$27.71
US$27.36
-1.2%
14.1%US$32.00US$20.00US$34.8511
Jun ’24US$19.01
US$21.18
+11.4%
13.3%US$27.00US$17.00US$33.9311
May ’24US$17.98
US$20.73
+15.3%
12.5%US$27.00US$17.00US$35.2511
Apr ’24US$19.72
US$20.80
+5.5%
13.0%US$27.00US$17.00US$36.0010
Mar ’24US$16.31
US$17.00
+4.2%
13.6%US$22.00US$14.00US$34.999
Feb ’24US$14.40
US$16.50
+14.6%
14.5%US$22.00US$14.00US$31.638
Jan ’24US$12.43
US$17.38
+39.8%
14.9%US$22.00US$15.00US$33.388
Dec ’23US$9.90
US$17.13
+73.0%
18.1%US$22.00US$12.00US$34.598

Analyst Forecast: Target price is less than 20% higher than the current share price.

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Company Analysis and Financial Data Status

DataLast Updated (UTC time)
Company Analysis2024/12/17 23:20
End of Day Share Price 2024/12/17 00:00
Earnings2024/11/02
Annual Earnings2024/02/03

Data Sources

The data used in our company analysis is from S&P Global Market Intelligence LLC. The following data is used in our analysis model to generate this report. Data is normalised which can introduce a delay from the source being available.

PackageDataTimeframeExample US Source *
Company Financials10 years
  • Income statement
  • Cash flow statement
  • Balance sheet
Analyst Consensus Estimates+3 years
  • Forecast financials
  • Analyst price targets
Market Prices30 years
  • Stock prices
  • Dividends, Splits and Actions
Ownership10 years
  • Top shareholders
  • Insider trading
Management10 years
  • Leadership team
  • Board of directors
Key Developments10 years
  • Company announcements

* example for US securities, for non-US equivalent regulatory forms and sources are used.

Unless specified all financial data is based on a yearly period but updated quarterly. This is known as Trailing Twelve Month (TTM) or Last Twelve Month (LTM) Data. Learn more here.

Analysis Model and Snowflake

Details of the analysis model used to generate this report is available on our Github page, we also have guides on how to use our reports and tutorials on Youtube.

Learn about the world class team who designed and built the Simply Wall St analysis model.

Industry and Sector Metrics

Our industry and section metrics are calculated every 6 hours by Simply Wall St, details of our process are available on .

Analyst Sources

Samsara Inc. is covered by 21 analysts. 18 of those analysts submitted the estimates of revenue or earnings used as inputs to our report. Analysts submissions are updated throughout the day.

AnalystInstitution
Daniel JesterBMO Capital Markets Equity Research
Andrew DeGasperiBNP Paribas Exane
Matthew BullockBofA Global Research