Samsara Inc. (NYSE:IOT) is one of the promising stocks to buy under $50. On January 5, RBC Capital lowered the firm’s price target on Samsara to $46 from $50 with an Outperform rating on the shares. The firm predicted that 2026 would be a year of divergence for the software industry. Companies prepared for enterprise AI adoption are expected to see clear AI tailwinds, while those lagging may continue to struggle under the narrative that AI threatens traditional software. While early 2026 guidance remains conservative, RBC Capital noted that enterprise spending is stabilizing and GenAI is actively fueling innovation.
Additionally, on December 16, BTIG initiated coverage of Samsara Inc. (NYSE:IOT) with a Buy rating and a $55 price target, identifying the company as a top performer in the software sector. BTIG highlighted that Samsara maintained exceptional growth even as it scaled to $1.7 billion in annual recurring revenue.
On December 10, KeyBanc analyst Jason Celino also initiated coverage of Samsara with an Overweight rating and a price target of $55. The firm argued that Samsara’s end-to-end platform is uniquely positioned to digitize the massive $45 trillion physical operations industry, a sector that has historically been underserved by technology. Celino also highlighted that the company has “multiple avenues” to sustain its premium growth over the long term.
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.
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Disclosure: None. This article is originally published at Insider Monkey.
