10 Best AI Stocks to Buy Under $50

6. Samsara Inc. (NYSE:IOT)

Share Price as of December 31: $35.98

Number of Hedge Fund Holders: 42

Samsara Inc. (NYSE:IOT) is one of the 10 Best AI Stocks to Buy under $50. On December 22, Evercore highlighted Microsoft, Salesforce, and Oracle as its top enterprise software picks for 2026. Besides these names, Samsara Inc. was highlighted as a favored idea, alongside Intuit and Snowflake.

According to the analysts, these names pair secular AI exposure with visible revenue sustainability.

A few days prior, on December 17, BTIG initiated coverage of the stock with a “Buy” rating and $55 price target. As per analysts, Samsara has remained one of the fastest-growing software companies even though it has scaled to $1.7B in annual recurring revenue. The firm noted that the company is likely to maintain durable and efficient growth over the medium term.

TD Cowen is also constructive on the stock, reiterating its Outperform rating and lifting its price target from $49 to $55 on December 5. The firm believes Samsara is a “top software executor,” on the back of a strong revenue beat, net-new annual recurring revenue (ARR) growth acceleration, and momentum across multiple product lines.

Samsara Inc. (NYSE:IOT)  provides a connected operations cloud platform that helps organizations with physical operations improve safety, efficiency, and sustainability.