Samsara (NYSE:IOT) Releases FY 2027 Earnings Guidance

Samsara (NYSE:IOT) updated its FY 2027 earnings guidance on Thursday morning. The company provided earnings per share (EPS) guidance of 0.760-0.780 for the period, compared to the consensus EPS estimate of 0.600. 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 Q3 2027 guidance to 0.180-1.090 EPS.

Analyst Ratings Changes

IOT has been the topic of a number of research analyst reports. KeyCorp lifted their price target on shares of Samsara from $41.00 to $46.00 and gave the company an “overweight” rating in a report on Monday, August 24th. Jefferies Financial Group raised shares of Samsara to a “buy” rating in a research report on Thursday, June 11th. Royal Bank Of Canada lifted their target price on shares of Samsara from $42.00 to $50.00 and gave the company an “outperform” rating in a report on Friday, August 14th. Wells Fargo & Company upped their price target on shares of Samsara from $46.00 to $50.00 and gave the stock an “overweight” rating in a research report on Friday, June 5th. Finally, Wolfe Research reiterated an “outperform” rating on shares of Samsara in a report on Thursday, June 11th. Two equities research analysts have rated the stock with a Strong Buy rating, thirteen have assigned a Buy rating and six have assigned a Hold rating to the stock. According to MarketBeat, the stock presently has a consensus rating of “Moderate Buy” and a consensus target price of $46.67.

Samsara Trading Up 5.3%

NYSE:IOT traded up $1.95 during trading hours on Thursday, hitting $38.74. The stock had a trading volume of 15,892,066 shares, compared to its average volume of 6,867,105. Samsara has a 1-year low of $23.38 and a 1-year high of $47.47. The business has a 50 day simple moving average of $37.39 and a two-hundred day simple moving average of $33.09. The company has a market cap of $22.57 billion, a PE ratio of 387.44, a price-to-earnings-growth ratio of 8.77 and a beta of 1.35.

Samsara (NYSE:IOT) last posted its earnings results on Thursday, September 3rd. The company reported $0.03 EPS for the quarter, missing analysts’ consensus estimates of $0.16 by ($0.13). Samsara had a return on equity of 2.00% and a net margin of 3.32%.Samsara has set its FY 2027 guidance at 0.760-0.780 EPS and its Q3 2027 guidance at 0.180-1.090 EPS. Research analysts expect that Samsara will post 0.15 EPS for the current fiscal year.

Insiders Place Their Bets

In other Samsara news, Director Marc Andreessen sold 613,660 shares of the company’s stock in a transaction dated Thursday, June 11th. The shares were sold at an average price of $32.27, for a total value of $19,802,808.20. Following the completion of the transaction, the director directly owned 2,256,487 shares of the company’s stock, valued at $72,816,835.49. This represents a 21.38% decrease in their position. The transaction was disclosed in a filing with the SEC, which is available at the SEC website. Also, insider John Bicket sold 245,925 shares of the firm’s stock in a transaction dated Tuesday, July 7th. The shares were sold at an average price of $36.77, for a total value of $9,042,662.25. Following the sale, the insider owned 94,000 shares of the company’s stock, valued at $3,456,380. This represents a 72.35% 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. Insiders have sold 4,478,170 shares of company stock worth $159,242,120 in the last quarter. 35.13% of the stock is owned by corporate insiders.

Samsara News Roundup

Here are the key news stories impacting Samsara this week:

• Positive Sentiment: Quarterly earnings beat expectations: Samsara reported adjusted earnings of $0.20 per share, above the $0.17 Zacks consensus estimate and up from $0.12 a year earlier. Samsara Surpasses Q2 Earnings and Revenue Estimates
• Positive Sentiment: Durable growth continued: Annual recurring revenue surpassed $2.1 billion, increasing 30% year over year for the third consecutive quarter. Samsara also reported a quarterly record for new customers generating at least $1 million in ARR, while enterprise ARR reportedly grew 50%. Samsara Fiscal Second-Quarter Results
• Positive Sentiment: Full-year outlook was increased: The higher forecast signals management expects continued demand for its connected-operations and AI platform, particularly as large enterprises standardize operations across vehicles, equipment, sites and frontline workers. Samsara Boosts Full-Year Outlook
• Neutral Sentiment: Valuation remains a risk factor: Samsara had already risen sharply over the preceding month, and one report noted that the consensus price target was below the prevailing share price. This raises the bar for future results despite the strong quarter. Samsara or UiPath Investment Comparison
• Neutral Sentiment: Conflicting secondary data: A MarketBeat item listed an EPS miss, but that figure conflicts with Samsara’s reported results and multiple contemporaneous reports showing a $0.20-per-share beat. Investors should rely on the company’s shareholder letter and official filing for final figures.

Hedge Funds Weigh In On Samsara

A number of institutional investors have recently made changes to their positions in IOT. State Street Corp raised its position in shares of Samsara by 15.8% during the 4th quarter. State Street Corp now owns 6,920,219 shares of the company’s stock worth $245,322,000 after purchasing an additional 944,485 shares during the period. 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 valued at $222,250,000 after purchasing an additional 3,088,299 shares during the period. Charles Schwab Investment Management Inc. boosted its position in Samsara by 16.8% during the 4th quarter. Charles Schwab Investment Management Inc. now owns 3,270,663 shares of the company’s stock valued at $115,945,000 after purchasing an additional 470,054 shares during the period. Amundi grew its stake in Samsara by 12.4% during the 4th quarter. Amundi now owns 2,381,578 shares of the company’s stock worth $84,427,000 after buying an additional 263,127 shares during the last quarter. Finally, Spyglass Capital Management LLC increased its position in Samsara by 6.7% in the fourth quarter. Spyglass Capital Management LLC now owns 2,346,995 shares of the company’s stock worth $83,201,000 after buying an additional 146,830 shares during the period. 96.02% of the stock is owned by institutional investors and hedge funds.

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.