Samsara Appoints Gary Steele to Board of Directors

Samsara ( (IOT) ) just unveiled an announcement.

On August 16, 2025, Samsara Inc. announced the appointment of Gary Steele to its Board of Directors, effective September 1, 2025. Steele, with over 30 years of experience in software, cybersecurity, and AI innovation, is expected to bring significant value to Samsara’s ongoing product innovation and operational excellence. His previous roles include CEO positions at Shield AI, Splunk Inc., and Proofpoint, Inc. Steele’s appointment aligns with Samsara’s commitment to expanding its product offerings and driving multi-product adoption, reinforcing its position as a leader in connected operations.

The most recent analyst rating on (IOT) stock is a Buy with a $46.00 price target. To see the full list of analyst forecasts on Samsara stock, see the IOT Stock Forecast page.

Spark’s Take on IOT Stock

According to Spark, TipRanks’ AI Analyst, IOT is a Neutral.

Samsara’s strong financial performance and positive earnings call are the primary drivers of its score, reflecting robust growth and strategic positioning. However, technical analysis and valuation concerns weigh down the overall score, highlighting the need for caution in the current market environment.

To see Spark’s full report on IOT stock, click here.

More about Samsara

Samsara Inc. is a pioneer in the Connected Operations® Platform, an open platform that connects people, devices, and systems to improve operations. With a customer base across North America and Europe, Samsara partners with leading organizations in industries such as transportation, construction, logistics, manufacturing, and more, aiming to enhance safety, efficiency, and sustainability.

Average Trading Volume: 5,793,070

Technical Sentiment Signal: Sell

Current Market Cap: $18.86B

For an in-depth examination of IOT stock, go to TipRanks’ Overview page.