Samsara Gains Analyst Support as Product Adoption and Subscription Growth Accelerate

Samsara Inc. (NYSE: IOT) has gained analyst support with strong product adoption and subscription growth. TD Cowen and RBC Capital have reaffirmed their "Buy" ratings, highlighting consistent increases in annual recurring revenue and the expansion of its platform's relevance across multiple industries. The company's AI-powered Connected Operations platform integrates data from vehicles, equipment, and facilities to enhance safety, efficiency, and operational visibility.

Samsara Inc. (NYSE: IOT) has continued to attract analyst support, with TD Cowen and RBC Capital reaffirming their "Buy" ratings on the company. The analysts highlighted consistent increases in annual recurring revenue (ARR) and the expanding relevance of Samsara's platform across multiple industries [1].

The company's AI-powered Connected Operations platform integrates data from vehicles, equipment, and facilities, enhancing safety, efficiency, and operational visibility. This platform has shown strong adoption and subscription growth, driving the analysts' positive outlook.

Samsara's latest quarterly earnings report demonstrated robust financial performance. The company reported $0.11 earnings per share, surpassing analysts' expectations of $0.06. Revenue for the quarter reached $366.88 million, a 30.7% increase compared to the same period last year [1].

In addition to its strong financial performance, Samsara has also been making strategic moves to bolster its position in the market. The company recently appointed Gary Steele, former CEO of Splunk and President at Cisco, to its Board of Directors. This appointment underscores Samsara's commitment to innovation and market leadership [2].

The appointment of Gary Steele, along with the company's partnership with HERE Technologies to deliver mapping and geolocation services, signals Samsara's intent to accelerate platform capabilities and client value. These moves are expected to influence customer value and tangible ARR growth if adoption accelerates.

However, investors should remain aware of the unpredictability in enterprise sales cycles, which continues to challenge short-term revenue visibility. Despite this, the long-term outlook for Samsara remains positive, with the company anticipating $2.4 billion in revenue and $318.6 million in earnings by 2028 [2].

References:
[1] https://www.marketbeat.com/instant-alerts/filing-samsara-inc-iot-holdings-increased-by-comerica-bank-2025-08-25/
[2] https://simplywall.st/stocks/us/software/nyse-iot/samsara/news/how-investors-may-respond-to-samsara-iot-adding-gary-steele