Piper Sandler Cuts Target to $37 While Goldman Expects 29% Upside
Piper Sandler cut its Samsara price target by 24.4% to $37 while maintaining an Overweight rating, citing operational budget stickiness and de-risked FY2027 guidance supporting mid-20s% growth. Goldman Sachs set a $36 target implying 29% upside after Samsara stock rose 2.46%, outperforming the S&P 500.
1. Piper Sandler Maintains Overweight Despite Price Cut
On February 6 Piper Sandler trimmed its Samsara price target by 24.4% to $37 but kept an Overweight rating, highlighting strong operational budget stickiness that provides a competitive moat and de-risked FY2027 assumptions that support mid-20s% revenue growth. The firm noted that software sentiment was at an all-time low yet expects a robust upside at current valuations.
2. Goldman Sachs Sees 29% Upside
On February 11 Goldman Sachs set a $36 price target for Samsara, implying roughly 29% upside from recent levels after the stock climbed 2.46%. This bullish outlook reflects confidence in Samsara’s positioning in the enterprise AI adoption wave and resilient demand across its sensor-to-cloud platform.
3. Growth Drivers and Guidance Details
Analysts point to Samsara’s ability to protect customer spending through operational budget stickiness, insulating it from AI-driven software disruption, and view its Q4 2026 revenue guidance of $421m-$423m as conservative versus consensus $419.2m. These factors, combined with AI tailwinds, underpin the positive analyst sentiment and potential valuation re-rate.