Jefferies rates Samsara 'buy' with $50 target, citing AI-driven growth in physical operations tech.

Jefferies initiated coverage of Samsara with a 'buy' rating and a $50 price target, highlighting its strong position in the underpenetrated physical operations technology market. Samsara's platform integrates software, hardware, AI, and automation to boost productivity and reduce liability, processing over 30 trillion data points annually. Jefferies projects a 22% revenue CAGR through fiscal 2029, with nearly $3 billion revenue and strong customer retention driving growth. The firm's valuation reflects confidence in Samsara's expanding AI capabilities and multi-product adoption across its global market.

Samsara Inc (IOT) trades at USD 42.49 on Pluang as of Oct 06, 2026 00:52 WIB, up 3.33% in one day. The stock's market cap stands at $24.39 billion with a 52-week high of $45.22. Typical hold time for IOT on Pluang is 19 days, reflecting active investor interest in this technology sector name.