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Evercore ISI Raises Samsara (IOT) PT to $50, Cites Ability to Exceed Expectations

Samsara Inc. (NYSE:IOT) is one of the best growth stocks to buy now. On October 1, Evercore ISI analyst Kirk Materne upgraded Samsara to Outperform from In Line with a price target of 50,upfrom50, up from 45. Evercore ISI believes that Samsara has a positive long-term future, citing its ability to exceed and raise financial expectations. In the past month, Samsara reported its FQ2 2026 financial results, where the company’s ARR reached $1.6 billion, which was a 30% year-over-year increase. Customers with ARR of ...