Added to YB: 2024-06-26
Pitch date: 2024-06-23
IOT [bullish]
Samsara Inc.
+42.72%
current return
Author Info
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Company Info
Samsara Inc. provides solutions to connect physical operations data to its connected operations platform in the United States and internationally.
Market Cap
$21.8B
Pitch Price
$29.00
Price Target
N/A
Dividend
N/A
EV/EBITDA
-231.92
P/E
-244.60
EV/Sales
14.58
Sector
Software
Category
growth
Show full summary:
BofA Sees Upside in Samsara: AI Dash Cams and Software Drive Growth
IOT: BofA Buy, expects rev growth beats. FY24 rev +40% to $937mn (98% 3-5yr subs). 2%/4% above FY25/26 consensus. AI dash cams/software demand (25% CAGR to 2028), telematics share gains, customer expansion deals. Recent stock dip on small 1Q25 beat/raise, but LT growth thesis intact. Oversold, poised for positive estimate revisions.
Read full article (1 min)