Samsara Inc. (IOT) stock rose 6.2% following several analyst actions and company recognition. On February 11, 2026, Goldman Sachs initiated coverage with a Buy rating and a $36 price target, describing the company as one of the most defensible growth assets in software. The same day, RBC Capital lowered its price target to $35 from $46 but maintained an Outperform rating. On February 6, 2026, Piper Sandler reduced its price target to $37 from $49 while keeping an Overweight rating. Additionally, Samsara was named the No. 1 Best Supply Chain & Logistics Software Product of 2026 by G2 based on more than 2,100 verified customer reviews. The company provides a platform combining IoT devices with cloud-based software for analyzing physical operations data.
Read full analysisSamsara Inc. (IOT) stock rose 6.2% following several analyst actions and company recognition. On February 11, 2026, Goldman Sachs initiated coverage with a Buy rating and a $36 price target, describing the company as one of the most defensible growth assets in software. The same day, RBC Capital lowered its price target to $35 from $46 but maintained an Outperform rating. On February 6, 2026, Piper Sandler reduced its price target to $37 from $49 while keeping an Overweight rating. Additionally, Samsara was named the No. 1 Best Supply Chain & Logistics Software Product of 2026 by G2 based on more than 2,100 verified customer reviews. The company provides a platform combining IoT devices with cloud-based software for analyzing physical operations data.
Samsara provides cloud-based IoT solutions for fleet management, equipment monitoring, and industrial operations, serving sectors like transportation, logistics, and construction. The stock has been extraordinarily volatile since early February, swinging between -8.6% and +7.1% in single sessions amid elevated short interest (28.2 million shares as of January) and sustained insider selling. Today's sharp rebound partially reverses yesterday's 8.4% decline, continuing the whipsaw pattern that has defined recent trading.