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Samsara Inc. (IOT) Shows Durable Demand as Physical Operations Continue to Digitize

We recently published an article titled 13 High Growth Cloud Stocks to Buy. 

On January 15, BNP Paribas upgraded Samsara Inc. (NYSE:IOT) to Outperform from Neutral while maintaining its $40 price target, citing a more attractive risk/reward profile following what the firm described as a “tough year” for the stock. The upgrade reflects growing confidence that recent share price pressure has better aligned valuation with the company’s long-term fundamentals, setting the stage for improved performance as execution stabilizes.

The company delivered a strong third quarter of fiscal 2026; Samsara Inc. (NYSE:IOT) reported annual recurring revenue of $1.75 billion, representing 29% year-over-year growth, and added a record 219 customers generating more than $100,000 in ARR. Product innovation remains a key driver, with new AI-powered coaching tools and the AI Multicam solution gaining traction by improving safety outcomes and deepening customer engagement across its platform.

Samsara Inc. (NYSE:IOT) is a San Francisco–based Internet of Things company focused on telematics and data-driven insights for physical operations, serving customers across North America and Europe. Founded in 2015, the company continues to benefit from secular demand for digitization, automation, and AI-enabled efficiency in industries such as logistics, construction, and fleet management, supporting a durable long-term growth outlook despite near-term volatility.

While we acknowledge the potential of IOT as an investment, 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 a 100x upside potential, check out our report about the cheapest AI stock.

READ NEXT: 8 Up and Coming Streaming Companies and Services and 9 High Growth Canadian Stocks to Buy

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

And here’s the wild part — this $250 trillion wave isn’t tied to one company, but to an entire ecosystem of AI innovators set to reshape the global economy.

It’s a leap so massive, it could reshape how businesses, governments, and consumers operate worldwide.

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

How could anything be worth that much?

The answer lies in a breakthrough so powerful it’s redefining how humanity works, learns, and creates.

And this breakthrough has already set off a frenzy among hedge funds and Wall Street’s top investors.

What most investors don’t realize is that one under-owned company holds the key to this $250 trillion revolution.

In fact, Verge argues this company’s supercheap AI technology should concern rivals.

Before I reveal the details, let’s talk about how some of the richest people on the planet are positioning themselves.

  • 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.

When billionaires from Silicon Valley to Wall Street line up behind the same idea — you know it’s worth paying attention to.

Even as we admire what Tesla, Nvidia, Alphabet, and Microsoft have built, we believe an even greater opportunity lies elsewhere…

But the real story isn’t Nvidia — it’s a much smaller company quietly improving the critical technology that makes this entire revolution possible.

And judging by what I’m hearing from both Silicon Valley insiders and Wall Street veterans…

This prediction might not be bold at all:

A few years from now, you’ll wish you’d owned this stock.

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