08:21 AM EDT, 09/05/2025 (MT Newswires) -- Samsara (IOT) strong Q2 results show that the Internet-of-Things sensor developer has overcome Q1 tariff pressures and is poised for further growth, RBC said in a note to investors Thursday.

The note described "large deal momentum" among six- and seven-figure customers, improving international business as well as its deal with Bonnie Plants, its largest asset tags deal to date.

The note said that all of the deals that were delayed or disrupted because of Trump administration tariffs are set to "close this quarter with no additional impact as we feel macros have stabilized."

The firm's Q2 performance was also driven by seven $1 million-plus deals, its second-highest quarterly total.

"Overall we remain excited about emerging product

momentum coming out of Samsara Beyond in June," the note said.

RBC maintained its outperform rating on Samsara stock and raised its price target 28% to $46 per share.

Shares of the company were up more than 12% in recent premarket activity.

Price: 40.45, Change: +4.61, Percent Change: +12.86