Samsara Named Top Software Pick While nCino and Tenable Underwhelm

Analyst

โดย StockStory·Read original

Summary · why it matters

StockStory identifies Samsara as a software stock poised for market-beating returns, while recommending selling nCino and Tenable. Samsara, a cloud-based IoT platform, has seen its annual recurring revenue grow 29.6% over the last year and is forecasted to increase revenue by 21.4% in the next 12 months. In contrast, nCino's average billings growth of 9.5% and estimated sales growth of 7.6% signal slowing demand, and Tenable's average billings growth of 6.9% with estimated sales growth of 6.8% also point to deceleration. Samsara trades at 9 times forward price-to-sales, while nCino and Tenable trade at 2.6 times and 3.6 times, respectively.

Samsara Inc ▲

Tenable Holdings Inc ▼

Impact on stocks 3

Smart City / Autonomous Infrastructure▲ · 1 stocks

▲ PositiveDemandrelevance

Article highlights Samsara's strong ARR growth and revenue forecast, indicating robust end-customer demand.

Cloud & Digital Infrastructure▼ · 1 stocks

▼ NegativeDemandrelevance

Article cites nCino's slowing billings and sales growth, signaling weakening demand.

Cybersecurity & Digital Trust▼ · 1 stocks

Tenable Holdings Inc

▼ NegativeDemandrelevance

Article cites Tenable's slowing billings and sales growth, signaling weakening demand.