Samsara (NYSE:IOT) Releases FY 2027 Earnings Guidance

Samsara (NYSE:IOT) updated its FY 2027 earnings guidance on Thursday. The company provided earnings per share guidance of 0.700-0.720 for the period, compared to the consensus earnings per share estimate of 0.560. The company issued revenue guidance of $2.0 billion-$2.0 billion, compared to the consensus revenue estimate of $2.0 billion. Samsara also updated its Q2 2027 guidance to 0.150-0.160 EPS.

Analysts Set New Price Targets

A number of research analysts recently issued reports on the stock. Royal Bank Of Canada boosted their price objective on shares of Samsara from $35.00 to $41.00 and gave the company an “outperform” rating in a report on Friday, March 6th. Truist Financial cut their target price on shares of Samsara from $39.00 to $30.00 and set a “hold” rating on the stock in a report on Tuesday, February 17th. BMO Capital Markets lifted their price target on shares of Samsara from $40.00 to $44.00 and gave the stock an “outperform” rating in a research report on Friday, March 6th. Zacks Research lowered shares of Samsara from a “strong-buy” rating to a “hold” rating in a report on Tuesday, May 5th. Finally, UBS Group restated a “buy” rating and issued a $48.00 price objective on shares of Samsara in a research report on Friday, March 6th. One investment analyst has rated the stock with a Strong Buy rating, twelve have issued a Buy rating, four have issued a Hold rating and one has assigned a Sell rating to the company’s stock. According to data from MarketBeat, the company presently has an average rating of “Moderate Buy” and a consensus price target of $46.18.

Samsara Stock Performance

IOT stock traded down $1.05 during mid-day trading on Thursday, hitting $35.29. 10,878,156 shares of the company were exchanged, compared to its average volume of 7,427,572. Samsara has a 1-year low of $23.38 and a 1-year high of $48.40. The firm’s 50 day simple moving average is $30.53 and its 200 day simple moving average is $32.46. The firm has a market cap of $20.49 billion, a P/E ratio of -1,763.47, a P/E/G ratio of 11.12 and a beta of 1.34.

Samsara (NYSE:IOT) last released its quarterly earnings results on Thursday, June 4th. The company reported $0.17 earnings per share for the quarter, beating the consensus estimate of $0.13 by $0.04. Samsara had a negative net margin of 0.56% and a negative return on equity of 0.72%. The company had revenue of $478.84 million during the quarter, compared to analysts’ expectations of $455.21 million. Samsara has set its Q2 2027 guidance at 0.150-0.160 EPS and its FY 2027 guidance at 0.700-0.720 EPS. On average, equities research analysts predict that Samsara will post 0.08 EPS for the current fiscal year.

Insiders Place Their Bets

In other news, insider Sanjit Biswas sold 168,272 shares of the business’s stock in a transaction dated Tuesday, May 12th. The stock was sold at an average price of $28.58, for a total value of $4,809,213.76. Following the sale, the insider directly owned 15,200 shares in the company, valued at $434,416. The trade was a 91.72% decrease in their ownership of the stock. The sale was disclosed in a document filed with the SEC, which is available at the SEC website. The transaction was executed under a pre-arranged Rule 10b5-1 trading plan. Also, insider John Bicket sold 168,227 shares of the company’s stock in a transaction dated Tuesday, May 12th. The stock was sold at an average price of $28.58, for a total value of $4,807,927.66. Following the transaction, the insider directly owned 15,200 shares of the company’s stock, valued at $434,416. This represents a 91.71% decrease in their ownership of the stock. The disclosure for this sale is available in the SEC filing. The transaction was executed under a pre-arranged Rule 10b5-1 trading plan. Over the last ninety days, insiders sold 2,700,139 shares of company stock valued at $79,212,871. Company insiders own 35.13% of the company’s stock.

Institutional Investors Weigh In On Samsara

Institutional investors have recently bought and sold shares of the company. Wellington Management Group LLP boosted its position in Samsara by 97.1% during the 4th quarter. Wellington Management Group LLP now owns 6,269,398 shares of the company’s stock worth $222,250,000 after acquiring an additional 3,088,299 shares during the last quarter. State Street Corp grew its stake in shares of Samsara by 107.8% during the 2nd quarter. State Street Corp now owns 5,611,956 shares of the company’s stock worth $223,244,000 after acquiring an additional 2,910,916 shares in the last quarter. Soma Equity Partners LP acquired a new stake in shares of Samsara in the third quarter valued at approximately $52,672,000. Alyeska Investment Group L.P. bought a new stake in shares of Samsara in the fourth quarter worth $43,719,000. Finally, Freestone Grove Partners LP lifted its position in shares of Samsara by 435.6% in the third quarter. Freestone Grove Partners LP now owns 1,401,983 shares of the company’s stock worth $52,224,000 after purchasing an additional 1,140,227 shares in the last quarter. Institutional investors own 96.02% of the company’s stock.

About Samsara

Samsara develops an industrial Internet of Things (IoT) platform designed to help organizations monitor, manage, and optimize physical operations. The company combines connected hardware — including telematics devices, GPS trackers, dash cameras, and environmental sensors — with cloud-based software to provide real-time visibility into vehicles, mobile equipment, and fixed assets. Its software offers tools for fleet management, driver and worker safety, asset tracking, compliance (including electronic logging), maintenance scheduling, and operational analytics.

The Samsara platform emphasizes integration of live data streams with analytics and workflow features to drive efficiency and safety across industries that rely on dispersed equipment and mobile workforces.