Samsara (NYSE:IOT) Releases FY 2026 Earnings Guidance

Samsara (NYSE:IOT) updated its FY 2026 earnings guidance on Thursday. The company provided earnings per share (EPS) guidance of 0.500-0.500 for the period, compared to the consensus estimate of 0.240. The company issued revenue guidance of $1.6 billion-$1.6 billion, compared to the consensus revenue estimate of $1.6 billion. Samsara also updated its Q4 2026 guidance to 0.120-0.130 EPS.

Wall Street Analyst Weigh In

IOT has been the subject of a number of research reports. Zacks Research cut Samsara from a “strong-buy” rating to a “hold” rating in a research note on Friday, August 15th. Royal Bank Of Canada increased their target price on Samsara from $44.00 to $46.00 and gave the company an “outperform” rating in a research report on Friday, September 5th. BMO Capital Markets cut their price target on Samsara from $54.00 to $47.00 and set an “outperform” rating on the stock in a research note on Friday, September 5th. Craig Hallum raised Samsara from a “hold” rating to a “buy” rating and upped their price objective for the company from $42.00 to $48.00 in a research note on Friday, September 5th. Finally, Weiss Ratings reiterated a “sell (d-)” rating on shares of Samsara in a research report on Wednesday, October 8th. Eight equities research analysts have rated the stock with a Buy rating, six have assigned a Hold rating and one has assigned a Sell rating to the stock. Based on data from MarketBeat.com, the company presently has an average rating of “Hold” and an average price target of $49.55.

Samsara Stock Performance

Shares of IOT traded up $1.72 during mid-day trading on Thursday, reaching $40.73. 11,348,168 shares of the company were exchanged, compared to its average volume of 4,888,745. The business has a 50 day simple moving average of $38.27 and a two-hundred day simple moving average of $38.82. The stock has a market capitalization of $23.36 billion, a PE ratio of -254.56 and a beta of 1.61. Samsara has a 52 week low of $31.40 and a 52 week high of $61.90.

Samsara (NYSE:IOT) last announced its earnings results on Thursday, December 4th. The company reported $0.15 EPS for the quarter, beating the consensus estimate of $0.12 by $0.03. Samsara had a negative return on equity of 7.53% and a negative net margin of 6.16%.The business had revenue of $415.98 million for the quarter, compared to analysts’ expectations of $398.92 million. Samsara has set its FY 2026 guidance at 0.500-0.500 EPS and its Q4 2026 guidance at 0.120-0.130 EPS. On average, analysts predict that Samsara will post -0.3 EPS for the current year.

Insider Transactions at Samsara

In related news, insider Sanjit Biswas sold 14,152 shares of Samsara stock in a transaction on Wednesday, December 3rd. The shares were sold at an average price of $38.10, for a total transaction of $539,191.20. Following the completion of the transaction, the insider owned 44,952 shares of the company’s stock, valued at $1,712,671.20. This trade represents a 23.94% decrease in their ownership of the stock. The sale was disclosed in a filing with the Securities & Exchange Commission, which is available at the SEC website. Also, insider John Bicket sold 24,162 shares of the company’s stock in a transaction on Wednesday, December 3rd. The shares were sold at an average price of $38.15, for a total transaction of $921,780.30. Following the sale, the insider directly owned 218,173 shares in the company, valued at $8,323,299.95. This trade represents a 9.97% decrease in their position. The SEC filing for this sale provides additional information. Insiders sold a total of 3,747,900 shares of company stock worth $143,785,208 over the last three months. 46.49% of the stock is owned by company insiders.

Institutional Investors Weigh In On Samsara

Institutional investors and hedge funds have recently made changes to their positions in the business. Brighton Jones LLC bought a new position in shares of Samsara in the fourth quarter valued at $13,464,000. Lazard Asset Management LLC raised its holdings in shares of Samsara by 42,687.5% in the 2nd quarter. Lazard Asset Management LLC now owns 13,692 shares of the company’s stock worth $544,000 after acquiring an additional 13,660 shares during the last quarter. Armistice Capital LLC bought a new position in Samsara in the 2nd quarter valued at about $394,000. Empowered Funds LLC boosted its stake in Samsara by 3.4% during the 1st quarter. Empowered Funds LLC now owns 10,168 shares of the company’s stock valued at $390,000 after purchasing an additional 335 shares during the last quarter. Finally, Jones Financial Companies Lllp increased its holdings in Samsara by 2,444.6% during the 1st quarter. Jones Financial Companies Lllp now owns 17,787 shares of the company’s stock worth $682,000 after purchasing an additional 17,088 shares in the last quarter. Institutional investors own 96.02% of the company’s stock.

About Samsara

Samsara Inc provides solutions that connects physical operations data to its connected operations cloud in the United States and internationally. The company's Connected Operations Cloud includes Data Platform, which ingests, aggregates, and enriches data from its IoT devices and has embedded capabilities for AI, workflows and analytics, alerts, API connections, and data security and privacy.