Samsara Surges 41% YTD: How Should You Approach the Stock?

Samsara (IOT) shares have increased 40.8% in the year-to-date period compared with the Zacks Computer & Technology sector's rise of 19.9% and the Zacks Internet - Software sector's rise of 14.2%.The uptick can be attributed to Samsara's expanding clientele and strong partner base. Samsara's momentum in customer acquisition during the second quarter of fiscal 2025 is evident as it added 169 customers with more than $100,000 in Annual Recurring Revenues (ARR), reflecting sustained growth. The expansion includ ...