KeyBanc Remains a Buy on Samsara (IOT)

Samsara Inc. (NYSE:IOT) is one of the Best Up and Coming AI Stocks to Buy. On March 3, Craig-Hallum reiterated a Buy rating on the stock without disclosing any price targets. On the same day, Jason Celino from KeyBanc reiterated a Buy rating on Samsara Inc. (NYSE:IOT) but lowered the price target from $55 to $40.

​Celino from KeyBanc said in a research note that the company approaches its fiscal Q4 2026 earnings positively. The analyst anticipates the company to post modest upside in quarterly results and also expects the fiscal 2027 guidance to be in line with expectations. Moreover, the firm upholds its view that Samsara can enhance cross-selling of emerging products while tapping greenfield opportunities, particularly internationally.

​Samsara Inc. (NYSE:IOT) expects fiscal Q4 2026 revenue in the range of $421 million – $423 million, along with non-GAAP operating margins at 16%. The company is set to release results on March 5, 2026.

​Samsara Inc. (NYSE:IOT) provides solutions to connect physical operations data to its connected operations platform in the US and internationally.

While we acknowledge the potential of IOT as an investment, we believe certain AI stocks offer greater upside potential and carry less downside risk. If you’re looking for an extremely undervalued AI stock that also stands to benefit significantly from Trump-era tariffs and the onshoring trend, see our free report on the best short-term AI stock.

READ NEXT: 40 Most Popular Stocks Among Hedge Funds Heading Into 2026 and 10 Unstoppable Stocks That Could Double Your Money.

Disclosure: None. Follow Insider Monkey on Google News.