Samsara (IOT) Falls 8% to Near 52-Week Low as Trade Tensions Brew

Group 1 - Samsara Inc. (NYSE:IOT) experienced a significant drop in share prices, falling by 8.31% to close at $31.99, nearing its 52-week low of $31.40 [1][2] - The decline in Samsara's stock price was influenced by broader market pessimism following President Trump's announcement of new tariff threats against European countries [1][2] - The announcement of potential tariffs has led to increased tensions in global markets, resulting in major indices on Wall Street experiencing significant losses [2] Group 2 - BNP Paribas upgraded Samsara Inc.'s rating to "outperform" from "neutral," setting a price target of $40, indicating a positive outlook for the company's future performance [3] - The demand for Samsara's products appears to have stabilized after a challenging first half of 2025, which was impacted by global tariffs affecting customer cycles [3]