Samsara (NYSE:IOT) Releases FY 2026 Earnings Guidance

Samsara (NYSE:IOT) issued an update on its FY 2026 earnings guidance on Thursday morning. The company provided earnings per share guidance of 0.500-0.500 for the period, compared to the consensus earnings per share 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.

Samsara Trading Up 4.4%

NYSE:IOT opened at $40.73 on Friday. Samsara has a 1-year low of $31.40 and a 1-year high of $61.90. The firm has a market capitalization of $23.36 billion, a price-to-earnings ratio of -254.56 and a beta of 1.61. The business’s 50-day moving average price is $38.31 and its two-hundred day moving average price is $38.83.

Samsara (NYSE:IOT) last released its quarterly earnings results on Thursday, December 4th. The company reported $0.15 EPS for the quarter, topping analysts’ consensus estimates 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 company had revenue of $415.98 million for the quarter, compared to analyst estimates of $398.92 million. During the same quarter last year, the firm posted $0.07 earnings per share. Samsara’s revenue was up 29.2% compared to the same quarter last year. Samsara has set its FY 2026 guidance at 0.500-0.500 EPS and its Q4 2026 guidance at 0.120-0.130 EPS. Sell-side analysts predict that Samsara will post -0.3 earnings per share for the current year.

Analyst Upgrades and Downgrades

Several equities research analysts recently commented on IOT shares. Morgan Stanley boosted their price objective on shares of Samsara from $50.00 to $53.00 and gave the company an “equal weight” rating in a research report on Monday, September 8th. Weiss Ratings restated a “sell (d-)” rating on shares of Samsara in a report on Wednesday, October 8th. Wells Fargo & Company set a $52.00 price objective on Samsara and gave the stock an “overweight” rating in a report on Friday. Royal Bank Of Canada boosted their target price on Samsara from $44.00 to $46.00 and gave the company an “outperform” rating in a research note on Friday, September 5th. Finally, Truist Financial upped their price target on Samsara from $35.00 to $39.00 and gave the stock a “hold” rating in a research report on Friday, September 5th. Eight research analysts have rated the stock with a Buy rating, six have assigned a Hold rating and one has given a Sell rating to the company. According to MarketBeat, Samsara currently has an average rating of “Hold” and an average target price of $49.36.

Insider Buying and Selling

In related news, insider John Bicket sold 170,000 shares of the business’s stock in a transaction on Tuesday, October 7th. The shares were sold at an average price of $38.35, for a total transaction of $6,519,500.00. Following the transaction, the insider directly owned 36,000 shares in the company, valued at approximately $1,380,600. The trade was a 82.52% decrease in their ownership of the stock. The sale was disclosed in a filing with the Securities & Exchange Commission, which is accessible through this hyperlink. Also, major shareholder Horowitz Lsv Fund I. Andreessen sold 793,331 shares of the company’s stock in a transaction on Tuesday, September 9th. The stock was sold at an average price of $38.55, for a total transaction of $30,582,910.05. The disclosure for this sale is available in the SEC filing. Insiders have sold 3,730,107 shares of company stock valued at $143,045,198 in the last ninety days. 46.49% of the stock is owned by company insiders.

Institutional Investors Weigh In On Samsara

Institutional investors and hedge funds have recently modified their holdings of the company. IFP Advisors Inc lifted its stake in Samsara by 194.4% in the 3rd quarter. IFP Advisors Inc now owns 1,254 shares of the company’s stock valued at $47,000 after purchasing an additional 828 shares during the last quarter. Quarry LP raised its stake in Samsara by 95.1% in the third quarter. Quarry LP now owns 2,528 shares of the company’s stock valued at $94,000 after buying an additional 1,232 shares during the period. Turim 21 Investimentos Ltda. bought a new stake in Samsara in the third quarter valued at approximately $159,000. Northwestern Mutual Wealth Management Co. lifted its position in shares of Samsara by 302.0% in the third quarter. Northwestern Mutual Wealth Management Co. now owns 5,303 shares of the company’s stock valued at $198,000 after buying an additional 3,984 shares during the last quarter. Finally, Magnetar Financial LLC acquired a new position in shares of Samsara during the 3rd quarter worth approximately $200,000. 96.02% of the stock is owned by institutional investors.

Samsara Company Profile

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.