{"id":279067,"date":"2026-02-11T17:58:06","date_gmt":"2026-02-11T17:58:06","guid":{"rendered":"https:\/\/www.newsbeep.com\/nz\/279067\/"},"modified":"2026-02-11T17:58:06","modified_gmt":"2026-02-11T17:58:06","slug":"this-stock-got-caught-in-software-drawdown-goldman-says-its-insulated","status":"publish","type":"post","link":"https:\/\/www.newsbeep.com\/nz\/279067\/","title":{"rendered":"This stock got caught in software drawdown. Goldman says it\u2019s insulated"},"content":{"rendered":"<p>Goldman Sachs believes that recent volatility in software stocks has created an attractive buying opportunity in shares of Samsara . The Wall Street investment bank initiated research coverage of the AI-powered, fleet management stock with a buy rating and $36 price target, implying upside of roughly 30% from current levels. Shares of Samsara have plunged 49% over the past 12 months and 30% over the past three months alone. IOT 1Y mountain IOT 1Y chart Analyst Matthew Martino acknowledged that Samsara trades at a premium valuation, but argued that its price is warranted given its burgeoning free cash flow, long runway for expansion and best-in-class unit economics. &#8220;We believe recent AI-driven volatility has created an attractive entry point into a uniquely positioned compounder,&#8221; he wrote. Martino called Samsara &#8220;one of the most defensible growth assets in software today.&#8221; &#8220;The company is digitizing physical operations at scale by combining purpose-built edge hardware with a cloud platform that turns data into action,&#8221; he wrote. &#8220;In an environment where investors are questioning the durability of many software models, we believe Samsara stands apart: its value is rooted in owned operating data, embedded processes, and daily operational dependency.&#8221; Martino applauded Samsara&#8217;s deep integration of artificial intelligence across its platform, noting that AI powers intelligent routing, predictive maintenance, automated safety coaching and real-time automation for customers, delivering hard returns on investment. &#8220;The company&#8217;s expanding data asset is a strategic engine for innovation, enabling rapid product velocity and a steady cadence of new capabilities that expands the addressable opportunity,&#8221; Martino added. &#8220;Growth is balanced across new logos, enterprise standardization and rising module attach, supporting our base case for 20%+ revenue growth with [free cash flow] compounding higher.&#8221;<\/p>\n","protected":false},"excerpt":{"rendered":"Goldman Sachs believes that recent volatility in software stocks has created an attractive buying opportunity in shares of&hellip;\n","protected":false},"author":2,"featured_media":279068,"comment_status":"","ping_status":"","sticky":false,"template":"","format":"standard","meta":{"footnotes":""},"categories":[20],"tags":[365,363,364,553,12964,2338,111,139,69,156629,2340,145],"class_list":{"0":"post-279067","1":"post","2":"type-post","3":"status-publish","4":"format-standard","5":"has-post-thumbnail","7":"category-artificial-intelligence","8":"tag-ai","9":"tag-artificial-intelligence","10":"tag-artificialintelligence","11":"tag-business-news","12":"tag-goldman-sachs-group-inc","13":"tag-investment-strategy","14":"tag-new-zealand","15":"tag-newzealand","16":"tag-nz","17":"tag-samsara-inc","18":"tag-stock-markets","19":"tag-technology"},"_links":{"self":[{"href":"https:\/\/www.newsbeep.com\/nz\/wp-json\/wp\/v2\/posts\/279067","targetHints":{"allow":["GET"]}}],"collection":[{"href":"https:\/\/www.newsbeep.com\/nz\/wp-json\/wp\/v2\/posts"}],"about":[{"href":"https:\/\/www.newsbeep.com\/nz\/wp-json\/wp\/v2\/types\/post"}],"author":[{"embeddable":true,"href":"https:\/\/www.newsbeep.com\/nz\/wp-json\/wp\/v2\/users\/2"}],"replies":[{"embeddable":true,"href":"https:\/\/www.newsbeep.com\/nz\/wp-json\/wp\/v2\/comments?post=279067"}],"version-history":[{"count":0,"href":"https:\/\/www.newsbeep.com\/nz\/wp-json\/wp\/v2\/posts\/279067\/revisions"}],"wp:featuredmedia":[{"embeddable":true,"href":"https:\/\/www.newsbeep.com\/nz\/wp-json\/wp\/v2\/media\/279068"}],"wp:attachment":[{"href":"https:\/\/www.newsbeep.com\/nz\/wp-json\/wp\/v2\/media?parent=279067"}],"wp:term":[{"taxonomy":"category","embeddable":true,"href":"https:\/\/www.newsbeep.com\/nz\/wp-json\/wp\/v2\/categories?post=279067"},{"taxonomy":"post_tag","embeddable":true,"href":"https:\/\/www.newsbeep.com\/nz\/wp-json\/wp\/v2\/tags?post=279067"}],"curies":[{"name":"wp","href":"https:\/\/api.w.org\/{rel}","templated":true}]}}