Samsara (IOT) just paired fresh AI tools with a major fleet customer. Asplundh is rolling out Samsara hardware and software across tens of thousands of assets, while the new MCP protocol links its data into leading AI assistants.
These AI launches and customer wins have arrived alongside rising market interest in Samsara, with a 7 day share price return of 8.3% at a latest share price of US$41.12 and a year to date share price return of 21.2%, which contrasts with a more modest 5.2% 1 year total shareholder return.
Scan beyond Samsara and line up other AI infrastructure plays using our hand-picked screener of 90 AI infrastructure stocks to see what else is moving on real-world deployment momentum.
The recent jump in Samsara stock puts fresh pressure on the entry point. Given its AI roll out, the major Asplundh deal and its current US$41.12 price, does the risk reward balance still lean toward new buyers?
Most Popular Narrative: 36.7% Undervalued
On the most followed view, Samsara is framed as materially undervalued, with a fair value of $65 against the current $41.12 share price. This puts a wide gap between what the narrative sees and where the market is trading.
Samsara is a pioneering IoT platform company focused on connecting data from physical operations such as transportation, construction, and logistics. In fiscal year 2026 (ending January 2026), Samsara’s annual recurring revenue (ARR) reached $1.89 billion, growing 30% year-over-year. Fourth-quarter FY2026 revenue came in at $444.3 million (+28% YoY), while quarterly net new ARR grew 33% YoY to $144.8 million.
See why 13 investors see Samsara as 37% undervalued.
Result: Fair Value of $65 (UNDERVALUED)
Still, the Samsara narrative can wobble if competition compresses pricing power, or if weaker fleet spending slows the push into higher value AI features.
Find out about the key risks to this Samsara narrative.
Another View On Samsara’s Valuation
That 36.7% undervaluation story puts a spotlight on upside, but the current P/S of 13x paints a tougher picture. The wider software industry sits near 3.9x, direct peers cluster around 7x, and a fair ratio of 8.8x suggests the market could lean toward a lower multiple. If sentiment cools, how comfortable are you paying this premium today?
See what the numbers say about this price — find out in our valuation breakdown.
Next Steps
Mixed signals on Samsara’s pricing and narrative do not need to leave you stuck on the sidelines. Move quickly to review the data and weigh both the upside and the weak spots using 3 key rewards and 2 important warning signs.
Want more ideas beyond Samsara?
Do not stop with Samsara when fresh opportunities could already fit your style using targeted stock ideas from the Simply Wall Street Screener.
- Target stability first by scanning companies with resilient balance sheets and solid fundamentals through the list of solid balance sheet and fundamentals (26 results).
- Hunt for quality at a discount by lining up potential bargains using the 31 high quality undervalued stocks.
- Lock in potential income ideas by sorting through higher yielding payers inside the 7 dividend fortresses.
This article by Simply Wall St is general in nature. We provide commentary based on historical data
and analyst forecasts only using an unbiased methodology and our articles are not intended to be financial advice. It does not constitute a recommendation to buy or sell any stock, and does not take account of your objectives, or your
financial situation. We aim to bring you long-term focused analysis driven by fundamental data.
Note that our analysis may not factor in the latest price-sensitive company announcements or qualitative material.
Simply Wall St has no position in any stocks mentioned.
New:Manage All Your Stock Portfolios in One Place
We’ve created the ultimate portfolio companion for stock investors, and it’s free.
• Connect an unlimited number of Portfolios and see your total in one currency
• Be alerted to new Warning Signs or Risks
Have feedback on this article? Concerned about the content? Get in touch with us directly.Alternatively, email editorial-team@simplywallst.com
Micron’s whole debate rests on one number. How many years are in a cycle?
Not all cycles have the same length. In my view market is pricing this fairly now. It can 2x from here, if the demand and margin persists for a couple of years. AI capex won’t be endless.
85 percent margin is an anomaly. The multiples we speak with are not very meaningful.
mitchell_lawler
Market Insights
AI agents are redrawing competitive moats
An AI agent compares every option, every time, and switches without a second thought. For the businesses that relied on you not having the time to check, the moat just moved.
10
Oct 2, 2026
About NYSE:IOT
Samsara
Provides solutions to connect physical operations data to its connected operations platform in the United States and internationally.
Flawless balance sheet with high growth potential.
Similar Companies
Market Insights
AI agents are redrawing competitive moatsMI
mitchell_lawler
Where to invest when populations stop growingAL
Alegget
What happens to energy stocks as the fix gets built?MI
mitchell_lawler
Advertisement
Weekly Picks
Ceazaron Buffalo Potash·12 days ago
Under the radar: This $78M stock controls a $1.5B project and it’ll start producing in a few months
Fair Value:CA$1.0610.4% undervalued
58followersusers have followed this narrative
·2commentsusers have commented on this narrative
·13likesusers have liked this narrative
HE
HedgeYon Salesforce·25 days ago
Salesforce: From Selling Seats to Selling Governed Work
Fair Value:US$294.9320.4% undervalued
18followersusers have followed this narrative
·0commentsusers have commented on this narrative
·4likesusers have liked this narrative
IS
isidrohgon Astera Labs·23 days ago
Astera Labs Owns The Bottleneck That Isn’t Physical
John_Ericon Viper Energy·16 days ago
Everyone Else Drills the Wells. Viper Just Collects the Checks.
RecentlyUpdated Narratives
SilverSofaon Cabral Gold·about 2 hours ago
Best run Junior miner I have evaluated, massive upside potential
Composite_Researchon SEGRO·about 3 hours ago
SEGRO’s Revenue to Rise 14.7% Amidst Optimistic Growth Plans
Michael_Jayon Amphenol·about 4 hours ago
Get Ready for Amphenol’s Future: A Data Center Play You Don’t Want to Miss
Popular Narratives
AnalystConsensusTargeton NVIDIA·3 days ago
NVDA: Expanding AI Demand Will Drive Major Data Center <a href="https://bitcomme.com/finland-eyes-qatari-investment-to-fuel-e250bn-tech-ecosystem/” title=”Finland eyes Qatari investment to fuel €250bn tech ecosystem”>Investments Through 2026
Fair Value:US$327.728.6% undervalued
1551followersusers have followed this narrative
·8commentsusers have commented on this narrative
·35likesusers have liked this narrative
AN
AnalystConsensusTargeton Alphabet·9 days ago
AI Demand Must Outrun Infrastructure Buildout
AnalystConsensusTargeton Microsoft·29 days ago
