Samsara (NYSE:IOT) Issues FY 2027 Earnings Guidance

Samsara (NYSE:IOT) issued an update on its FY 2027 earnings guidance on Thursday morning. The company provided earnings per share guidance of 0.700-0.720 for the period, compared to the consensus earnings per share estimate of 0.560. 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 Q2 2027 guidance to 0.150-0.160 EPS.

Wall Street Analysts Forecast Growth

Several equities analysts have recently weighed in on IOT shares. Wells Fargo & Company raised their price target on shares of Samsara from $43.00 to $46.00 and gave the stock an “overweight” rating in a research note on Friday, March 6th. Weiss Ratings upgraded Samsara from a “sell (e+)” rating to a “sell (d-)” rating in a research report on Monday. TD Cowen reaffirmed a “buy” rating on shares of Samsara in a research note on Friday, May 22nd. BTIG Research dropped their price target on Samsara from $55.00 to $45.00 and set a “buy” rating on the stock in a research note on Friday, March 6th. Finally, Zacks Research cut shares of Samsara from a “strong-buy” rating to a “hold” rating in a report on Tuesday, May 5th. One analyst has rated the stock with a Strong Buy rating, twelve have given a Buy rating, four have issued a Hold rating and one has issued a Sell rating to the stock. Based on data from MarketBeat.com, Samsara has an average rating of “Moderate Buy” and a consensus price target of $46.18.

Samsara Stock Down 2.9%

Shares of IOT stock traded down $1.05 during mid-day trading on Thursday, reaching $35.29. 10,935,832 shares of the company’s stock traded hands, compared to its average volume of 7,427,572. The company’s 50-day moving average price is $30.53 and its 200-day moving average price is $32.46. Samsara has a 12 month low of $23.38 and a 12 month high of $48.40. The company has a market cap of $20.49 billion, a P/E ratio of -1,763.47, a P/E/G ratio of 11.12 and a beta of 1.34.

Samsara (NYSE:IOT) last announced its earnings results on Thursday, June 4th. The company reported $0.17 earnings per share (EPS) for the quarter, beating the consensus estimate of $0.13 by $0.04. Samsara had a negative net margin of 0.56% and a negative return on equity of 0.72%. The company had revenue of $478.84 million during the quarter, compared to analyst estimates of $455.21 million. Samsara has set its Q2 2027 guidance at 0.150-0.160 EPS and its FY 2027 guidance at 0.700-0.720 EPS. Equities analysts predict that Samsara will post 0.08 earnings per share for the current year.

Insider Activity

In other news, insider Sanjit Biswas sold 31,081 shares of the stock in a transaction that occurred on Thursday, May 28th. The stock was sold at an average price of $31.21, for a total transaction of $970,038.01. Following the transaction, the insider owned 307,056 shares in the company, valued at $9,583,217.76. This trade represents a 9.19% decrease in their position. The sale was disclosed in a filing with the SEC, which is available at the SEC website. The transaction was executed under a pre-arranged Rule 10b5-1 trading plan. Also, insider Adam Eltoukhy sold 5,473 shares of the firm’s stock in a transaction on Wednesday, May 20th. The shares were sold at an average price of $30.21, for a total value of $165,339.33. Following the completion of the transaction, the insider owned 468,305 shares in the company, valued at $14,147,494.05. The trade was a 1.16% decrease in their position. The disclosure for this sale is available in the SEC filing. The transaction was executed under a pre-arranged Rule 10b5-1 trading plan. In the last ninety days, insiders sold 2,700,139 shares of company stock valued at $79,212,871. Corporate insiders own 35.13% of the company’s stock.

Institutional Inflows and Outflows

Hedge funds have recently modified their holdings of the stock. State Street Corp increased its stake in Samsara by 15.8% in the 4th 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 during the period. Wellington Management Group LLP lifted its holdings in Samsara by 97.1% in 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 in the last quarter. Charles Schwab Investment Management Inc. lifted its holdings in Samsara by 16.8% in 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 in the last quarter. Amundi increased its stake in shares of Samsara by 12.4% during 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 during the last quarter. Finally, Spyglass Capital Management LLC increased its stake in shares of Samsara by 6.7% during the 4th quarter. Spyglass Capital Management LLC now owns 2,346,995 shares of the company’s stock valued at $83,201,000 after acquiring an additional 146,830 shares during the last quarter. 96.02% of the stock is owned by hedge funds and other institutional investors.

Samsara Company Profile

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.