We recently compiled a list of the 10 Trending AI Stocks That Analysts Are Monitoring. In this article, we are going to take a look at where Samsara Inc. (NYSE:IOT) stands against the other trending AI stocks.
As the global AI race heated up last month with the launch of DeepSeek R1 and Alibaba’s Qwen 2.5 AI models, US AI firms are working to enhance existing models at a record pace. As a result, OpenAI announced yesterday that it has added a new “deep research” mode to ChatGPT for users to carry out multi-step research on the web for complex tasks.
Deep Research is OpenAI’s second AI agent powered by the latest o3 reasoning model, which is optimized for web browsing and data analysis. The new feature can search, interpret, and analyze vast amounts of texts on the web to create a detailed report close to the level of a research analyst.
However, queries made using the “Deep Research” feature will take up to 30 minutes to return results. The chatbot will automatically notify users when the research is complete.
Furthermore, Nvidia CEO Jensen Huang said in a January 27th interview with journalist Cleo Abram that everyone carry an AI tutor with them for learning diverse topics and assistance with coding, writing, analysis, and reasoning.
“If there’s one thing I would encourage everybody to do, is to go get yourself an AI tutor right away,” he said. “The knowledge of almost any particular field, the barriers to that understanding, have been reduced. I have a personal tutor with me all of the time.”
We selected AI stocks by reviewing news articles, stock analysis, and press releases. We listed the stocks in ascending order of their hedge fund sentiment taken from Insider Monkey’s database of 900 hedge funds.
Why are we interested in the stocks that hedge funds pile into? The reason is simple: our research has shown that we can outperform the market by imitating the top stock picks of the best hedge funds. Our quarterly newsletter’s strategy selects 14 small-cap and large-cap stocks every quarter and has returned 275% since May 2014, beating its benchmark by 150 percentage points (see more details here).
A data analyst wearing virtual reality goggles while analyzing on-board telematics.
Samsara Inc. (NYSE:IOT)
Number of Hedge Fund Holders: 30
Samsara Inc. (NYSE:IOT) is an Internet of Things (IoT) specialist offering cloud-based software and sensor hardware solutions, including products like AI dash cams, telematics, maintenance, routing, and driver apps to oversee and optimize industrial operations, including vehicle fleet management for better safety and efficiency through data analysis. The Samsara Gen AI assistant and Intelligent Experiences on their “Connected Operations Cloud” platform help customers address complex operation questions and improve business operations with AI-driven recommendations and insights.
On February 3rd, Berenberg analyst Nay Soe Naing initiated coverage of Samsara Inc. (NYSE:IOT) with a “Hold” rating and a $57 stock price target. The analyst noted that the fast-growing company is effectively bringing “Industry 4.0” to the commercial-vehicle-based and adjacent industries. However, the brokerage is “less enthusiastic about its equity story” and thinks it currently lacks meaningful positive catalysts.
Overall IOT ranks 7th on our list of the trending AI stocks that are being monitored by analysts. While we acknowledge the potential of IOT as an investment, our conviction lies in the belief that AI stocks hold greater promise for delivering higher returns and doing so within a shorter timeframe. If you are looking for an AI stock that is more promising than IOT but that trades at less than 5 times its earnings, check out our report about the cheapest AI stock.
READ NEXT: 20 Best AI Stock To Buy Now and Complete List of All AI Companies Under $2 Billion Market Cap.
Disclosure: None. This article is originally published at Insider Monkey.
