Samsara (NYSE:IOT) Updates Q1 2027 Earnings Guidance

Samsara (NYSE:IOT) issued an update on its first quarter 2027 earnings guidance on Thursday morning. The company provided earnings per share (EPS) guidance of 0.120-0.130 for the period, compared to the consensus estimate of 0.070. The company issued revenue guidance of $454.0 million-$456.0 million, compared to the consensus revenue estimate of $444.5 million. Samsara also updated its FY 2027 guidance to 0.650-0.690 EPS.

Wall Street Analysts Forecast Growth

A number of research firms have weighed in on IOT. Zacks Research downgraded Samsara from a “strong-buy” rating to a “hold” rating in a report on Monday, February 2nd. Bank of America upped their price target on Samsara from $53.00 to $55.00 and gave the company a “buy” rating in a research report on Friday, December 5th. The Goldman Sachs Group set a $45.00 price objective on Samsara in a research note on Monday. BMO Capital Markets reduced their target price on shares of Samsara from $50.00 to $40.00 and set an “outperform” rating on the stock in a research note on Wednesday, February 25th. Finally, BNP Paribas Exane raised shares of Samsara from a “neutral” rating to an “outperform” rating and set a $40.00 target price on the stock in a report on Thursday, January 15th. Two analysts have rated the stock with a Strong Buy rating, ten have issued a Buy rating, four have issued a Hold rating and one has issued a Sell rating to the company’s stock. According to data from MarketBeat.com, Samsara presently has an average rating of “Moderate Buy” and an average target price of $45.69.

Samsara Trading Up 4.0%

NYSE IOT traded up $1.16 on Thursday, hitting $29.85. 16,911,411 shares of the company were exchanged, 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 firm has a 50 day moving average of $30.52 and a two-hundred day moving average of $35.57. The company has a market cap of $17.22 billion, a P/E ratio of -373.13 and a beta of 1.60.

Samsara (NYSE:IOT) last announced its earnings results on Thursday, March 5th. The company reported $0.18 earnings per share for the quarter, topping analysts’ consensus estimates of $0.13 by $0.05. Samsara had a negative net margin of 2.79% and a negative return on equity of 3.49%. The company had revenue of $444.30 million during the quarter, compared to the consensus estimate of $422.29 million. Samsara has set its Q1 2027 guidance at 0.120-0.130 EPS and its FY 2027 guidance at 0.650-0.690 EPS. Research analysts anticipate that Samsara will post -0.3 EPS for the current fiscal year.

Insiders Place Their Bets

In other news, insider John Bicket sold 263,900 shares of Samsara stock in a transaction that occurred on 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 completion of the sale, the insider owned 89,400 shares in the company, valued at $3,075,360. The trade was a 74.70% decrease in their position. The sale was disclosed in a filing with the Securities & Exchange Commission, which is available through this link. Also, insider Sanjit Biswas sold 263,900 shares of the business’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 transaction of $9,078,160.00. Following the sale, the insider directly owned 89,400 shares of the company’s stock, valued at approximately $3,075,360. This trade represents a 74.70% decrease in their ownership of the stock. Additional details regarding this sale are available in the official SEC disclosure. Insiders sold a total of 2,923,463 shares of company stock worth $92,883,523 over the last quarter. Corporate insiders own 46.49% of the company’s stock.

Institutional Investors Weigh In On Samsara

A number of institutional investors and hedge funds have recently added to or reduced their stakes in IOT. State Street Corp lifted its stake in Samsara by 15.8% in the fourth quarter. State Street Corp now owns 6,920,219 shares of the company’s stock valued at $245,322,000 after buying an additional 944,485 shares in the last quarter. Wellington Management Group LLP increased its position in shares of Samsara by 97.1% during the fourth 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 in the last quarter. Charles Schwab Investment Management Inc. raised its holdings in shares of Samsara by 16.8% during the fourth quarter. Charles Schwab Investment Management Inc. now owns 3,270,663 shares of the company’s stock worth $115,945,000 after acquiring an additional 470,054 shares during the period. Amundi lifted its position in Samsara by 12.4% in the 4th quarter. Amundi now owns 2,381,578 shares of the company’s stock valued at $84,427,000 after acquiring an additional 263,127 shares in the last quarter. Finally, Spyglass Capital Management LLC boosted its stake in Samsara by 6.7% in the 4th quarter. Spyglass Capital Management LLC now owns 2,346,995 shares of the company’s stock worth $83,201,000 after purchasing an additional 146,830 shares during the period. 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.