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Is Samsara the best logistic-tech stock to buy now?

Samsara Inc. (NYSE:IOT) is one of the best logistics-tech stocks to buy now. It comes out on top on our list based on our methodology of hedge fund sentiment. As of Q3, it has the highest number of hedge funds at 42 holding stake in it.

On December 5, TD Cowen reiterated its Outperform rating on Samsara and raised its price target from $49 to $55 following the company’s fiscal third-quarter 2026 results. The firm called Samsara a “top software executor,” highlighting a strong revenue beat, acceleration in net-new annual recurring revenue (ARR) growth, and momentum across multiple product lines. TD Cowen also noted robust customer additions and deepening penetration across both industries and geographies.

Pixabay/Public Domain

The rating update came a day after Samsara reported its Q3 FY26 earnings. The company posted revenue of $270 million, up 38% year-over-year, exceeding consensus estimates. Annual Recurring Revenue (ARR) grew 39% to $997 million, with net-new ARR accelerating sequentially. Samsara ended the quarter with 1,848 customers generating over $100,000 in ARR, a 49% increase from the prior year. During the earnings call, management emphasized strong demand for its Video-Based Safety and Equipment Monitoring solutions, particularly in the public sector and energy verticals. Executives also noted strong international performance, with EMEA (Europe, Middle East, and Africa) ARR surpassing $100 million for the first time.

TD Cowen’s price target hike appears to reflect this broad-based strength and signals confidence in Samsara’s continued execution and expanding enterprise footprint.

Samsara Inc. (NYSE:IOT)  provides a connected operations cloud platform that helps organizations with physical operations improve safety, efficiency, and sustainability. The company is headquartered in San Francisco, California.

While we acknowledge the potential of IOT to grow, our conviction lies in the belief that some AI stocks hold greater promise for delivering higher returns and have limited downside risk. If you are looking for an AI stock that is more promising than IOT and that has 100x upside potential, check out our report about this cheapest AI stock.

READ NEXT: 30 Stocks That Should Double in 3 Years and 11 Hidden AI Stocks to Buy Right Now.

Disclosure: None.

The $250 Trillion AI Hype is Real. A few years from now, you’ll probably wish you’d bought this stock.

When Jeff Bezos said that one breakthrough technology would shape Amazon’s destiny, even Wall Street’s biggest analysts were caught off guard.

Fast forward a year and Amazon’s new CEO Andy Jassy described generative AI as a “once-in-a-lifetime” technology that is already being used across Amazon to reinvent customer experiences.

At the 8th Future Investment Initiative conference, Elon Musk predicted that by 2040 there would be at least 10 billion humanoid robots, with each priced between $20,000 and $25,000.

Do the math. According to Musk, this technology could be worth $250 trillion by 2040.

Put another way, that’s roughly equal to:

  • 175 Teslas
  • 107 Amazons
  • 140 Metas
  • 84 Googles
  • 65 Microsofts
  • And 55 Nvidias

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Even if that $250 trillion figure sounds ambitious, major firms like PwC and McKinsey still see AI unlocking multi-trillion-dollar potential.

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  • Bill Gates sees artificial intelligence as the “biggest technological advance in my lifetime,” more transformative than the internet or personal computer, capable of improving healthcare, education, and addressing climate change.
  • Larry Ellison — through Oracle, is spending billions on Nvidia chips and partnering with Cohere to embed generative AI across Oracle’s cloud and apps.
  • Warren Buffett — not known for tech hype — says this breakthrough could have a ‘hugely beneficial social impact.

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