Samsara: Applying AI To Physical Workspaces, Initiate With Buy

Jun. 05, 2025 6:25 PM ETSamsara Inc. (IOT) StockIOT1 Comment
Lighting Rock Research
2.01K Followers
(8min)

Summary

  • I initiate Samsara Inc. with a Buy rating and a $58 fair value, driven by strong ARR growth and expanding enterprise adoption.
  • Samsara's Connected Operations Platform leverages AI and IoT to automate processes, enhance safety, and deliver high ROI across diversified end markets.
  • Recurring revenue, underpenetrated markets, and margin expansion from scale and operating leverage support my bullish long-term growth outlook.
  • Key IOT risks include high stock-based compensation, intense competition, and ongoing legal disputes, but I expect these to moderate as the company scales.

View of the interior of a state-of-the-art truck as it travels along the highway, where the driver receives all the information through the screens.

Miguel Perfectti/iStock via Getty Images

Samsara Inc. (NYSE:IOT), founded in 2015, aggregates data from its IoT terminal devices via the Connected Operations Platform, providing end-to-end solutions to enterprise customers. I think the company’s technology could help its customers capture, aggregate, and analyze

This article was written by

2.01K Followers
I am a growth-oriented investor, conducting fundamental research. Long-term focus, independent thinking. I prefer companies with deep moats and high recurring sales growth.

Analyst’s Disclosure:I/we have no stock, option or similar derivative position in any of the companies mentioned, and no plans to initiate any such positions within the next 72 hours. I wrote this article myself, and it expresses my own opinions. I am not receiving compensation for it (other than from Seeking Alpha). I have no business relationship with any company whose stock is mentioned in this article.

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