Samsara (NYSE:IOT) Issues Quarterly Earnings Results, Beats Estimates By $0.05 EPS

Samsara (NYSE:IOT) released its quarterly earnings results on Thursday. The company reported $0.18 earnings per share for the quarter, beating analysts’ consensus estimates of $0.13 by $0.05, FiscalAI reports. Samsara had a negative return on equity of 3.49% and a negative net margin of 2.79%.The business had revenue of $444.30 million for the quarter, compared to the consensus estimate of $422.29 million. Samsara updated its Q1 2027 guidance to 0.120-0.130 EPS and its FY 2027 guidance to 0.650-0.690 EPS.

Samsara Stock Up 4.0%

Samsara stock traded up $1.16 during trading hours on Thursday, hitting $29.85. The stock had a trading volume of 16,911,411 shares, compared to its average volume of 8,334,267. The stock’s 50-day moving average price is $30.52 and its 200-day moving average price is $35.57. Samsara has a 12-month low of $23.38 and a 12-month high of $48.40. The stock has a market capitalization of $17.22 billion, a P/E ratio of -373.13 and a beta of 1.60.

Analyst Upgrades and Downgrades

A number of brokerages have recently weighed in on IOT. JPMorgan Chase & Co. boosted their price objective on shares of Samsara from $46.00 to $48.00 and gave the stock a “neutral” rating in a report on Friday, December 5th. The Goldman Sachs Group set a $45.00 price target on Samsara in a research report on Monday. Royal Bank Of Canada set a $35.00 price objective on Samsara in a research report on Wednesday, February 11th. Wells Fargo & Company dropped their target price on shares of Samsara from $52.00 to $43.00 and set an “overweight” rating on the stock in a report on Wednesday, February 4th. Finally, Bank of America increased their price target on shares of Samsara from $53.00 to $55.00 and gave the stock a “buy” rating in a research note on Friday, December 5th. Two equities research analysts have rated the stock with a Strong Buy rating, ten have given a Buy rating, four have assigned a Hold rating and one has given a Sell rating to the company. Based on data from MarketBeat.com, the company has an average rating of “Moderate Buy” and a consensus target price of $45.69.

Insider Buying and Selling

In related news, insider Sanjit Biswas sold 263,900 shares of the company’s stock in a transaction that occurred on Tuesday, January 6th. The stock was sold at an average price of $34.40, for a total value of $9,078,160.00. Following the transaction, the insider directly owned 89,400 shares of the company’s stock, valued at approximately $3,075,360. This represents a 74.70% decrease in their position. The transaction was disclosed in a legal filing with the SEC, which can be accessed through this hyperlink. Also, insider John Bicket sold 263,900 shares of the firm’s stock in a transaction dated Tuesday, January 6th. The shares were sold at an average price of $34.40, for a total transaction of $9,078,160.00. Following the sale, the insider directly owned 89,400 shares in the company, valued at approximately $3,075,360. The trade was a 74.70% decrease in their position. The SEC filing for this sale provides additional information. Over the last 90 days, insiders sold 2,923,463 shares of company stock valued at $92,883,523. 46.49% of the stock is owned by company insiders.

Institutional Investors Weigh In On Samsara

A number of large investors have recently made changes to their positions in IOT. Brighton Jones LLC purchased a new stake in Samsara during the fourth quarter valued at approximately $13,464,000. Royal Bank of Canada raised its position in shares of Samsara by 100.3% during the first quarter. Royal Bank of Canada now owns 96,142 shares of the company’s stock valued at $3,686,000 after buying an additional 48,135 shares during the last quarter. Jones Financial Companies Lllp increased its holdings in shares of Samsara by 2,444.6% in the first 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 during the last quarter. Empowered Funds LLC increased its position in Samsara by 3.4% in the first quarter. Empowered Funds LLC now owns 10,168 shares of the company’s stock worth $390,000 after purchasing an additional 335 shares during the last quarter. Finally, Marshall Wace LLP raised its position in shares of Samsara by 142.4% during the 2nd quarter. Marshall Wace LLP now owns 68,860 shares of the company’s stock valued at $2,739,000 after buying an additional 40,450 shares in the last quarter. 96.02% of the stock is currently owned by institutional investors.

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.