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 (EPS) for the quarter, beating analysts’ consensus estimates of $0.13 by $0.05, FiscalAI reports. The business had revenue of $444.30 million during the quarter, compared to the consensus estimate of $422.29 million. Samsara had a negative return on equity of 3.49% and a negative net margin of 2.79%. Samsara updated its Q1 2027 guidance to 0.120-0.130 EPS and its FY 2027 guidance to 0.650-0.690 EPS.

Samsara Trading Up 4.0%

Shares of NYSE IOT traded up $1.16 during mid-day trading on Thursday, hitting $29.85. The company had a trading volume of 16,911,411 shares, compared to its average volume of 8,334,267. Samsara has a 1 year low of $23.38 and a 1 year high of $48.40. The company has a market capitalization of $17.22 billion, a price-to-earnings ratio of -373.13 and a beta of 1.60. The stock’s 50-day moving average price is $30.52 and its 200-day moving average price is $35.57.

Wall Street Analysts Forecast Growth

A number of brokerages have recently weighed in on IOT. The Goldman Sachs Group set a $45.00 target price on Samsara in a research note on Monday. Wells Fargo & Company cut their price objective on Samsara from $52.00 to $43.00 and set an “overweight” rating on the stock in a research report on Wednesday, February 4th. Bank of America raised their target price on Samsara from $53.00 to $55.00 and gave the company a “buy” rating in a research report on Friday, December 5th. BTIG Research started coverage on shares of Samsara in a report on Tuesday, December 16th. They issued a “buy” rating and a $55.00 price target on the stock. Finally, KeyCorp reduced their price target on shares of Samsara from $55.00 to $40.00 and set an “overweight” rating for the company in a research report on Friday, February 27th. Two analysts have rated the stock with a Strong Buy rating, ten have assigned a Buy rating, four have assigned a Hold rating and one has given a Sell rating to the company’s stock. According to MarketBeat, the stock currently has an average rating of “Moderate Buy” and an average price target of $45.69.

Insider Buying and Selling

In other Samsara news, insider Sanjit Biswas sold 263,900 shares of Samsara stock in a transaction dated Tuesday, February 17th. The stock was sold at an average price of $25.87, for a total transaction of $6,827,093.00. Following the completion of the transaction, the insider owned 57,600 shares of the company’s stock, valued at $1,490,112. The trade was a 82.08% decrease in their position. The transaction was disclosed in a filing with the Securities & Exchange Commission, which is available through this link. Also, insider John Bicket sold 263,900 shares of the stock in a transaction dated Tuesday, February 17th. The stock was sold at an average price of $25.87, for a total transaction of $6,827,093.00. Following the completion of the sale, the insider directly owned 57,600 shares in the company, valued at approximately $1,490,112. The trade was a 82.08% decrease in their ownership of the stock. The SEC filing for this sale provides additional information. Over the last quarter, insiders sold 2,923,463 shares of company stock worth $92,883,523. Company insiders own 46.49% of the company’s stock.

Institutional Inflows and Outflows

Institutional investors have recently made changes to their positions in the company. Brighton Jones LLC bought a new stake in Samsara during the fourth quarter valued at $13,464,000. Royal Bank of Canada raised its holdings in shares of Samsara by 100.3% in the 1st quarter. Royal Bank of Canada now owns 96,142 shares of the company’s stock valued at $3,686,000 after acquiring an additional 48,135 shares in the last quarter. Jones Financial Companies Lllp boosted its position in shares of Samsara by 2,444.6% during the 1st quarter. Jones Financial Companies Lllp now owns 17,787 shares of the company’s stock valued at $682,000 after acquiring an additional 17,088 shares during the last quarter. Empowered Funds LLC grew its holdings in shares of Samsara by 3.4% during 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 in the last quarter. Finally, Marshall Wace LLP grew its holdings in shares of Samsara by 142.4% during the second quarter. Marshall Wace LLP now owns 68,860 shares of the company’s stock worth $2,739,000 after purchasing an additional 40,450 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.