Samsara’s margin expansion remains focus for management, says Loop Capital

Loop Capital analyst Mark Schappel keeps a Buy rating and $42 price target on Samsara after its Investor Day presentation. The key takeaways from the event were that the management’s sentiment around the business remains positive, that Samsara is taking a practical and thoughtful approach to AI and Generative AI, and that margin expansion remains a focus at the company, with operating leverage mainly coming from revenue growth as the company scales, the analyst tells investors in a research note.