Samsara (NYSE:IOT) Issues Earnings Results, Beats Expectations By $0.04 EPS

Samsara (NYSE:IOT) posted its quarterly earnings results on Thursday. The company reported $0.17 EPS for the quarter, beating analysts’ consensus estimates of $0.13 by $0.04, FiscalAI reports. Samsara had a net margin of 3.32% and a return on equity of 2.07%. The company had revenue of $478.84 million during the quarter, compared to analyst estimates of $455.21 million. During the same period in the prior year, the business posted $0.11 EPS. The firm’s revenue was up 30.5% compared to the same quarter last year. Samsara updated its Q2 2027 guidance to 0.150-0.160 EPS and its FY 2027 guidance to 0.700-0.720 EPS.

Here are the key takeaways from Samsara’s conference call:

• Samsara reported a strong Q1 with nearly $2 billion in ARR, 30% year-over-year ARR growth, and its third straight quarter of GAAP EPS profitability.
• Growth was broad-based and accelerating at the high end, with $100K+ ARR customers growing 37% and $1M+ ARR customers growing 62%, while large-deal momentum remained strong.
• The company said customers are increasingly adopting Samsara as a multi-product platform, with 96% of $100K+ customers on two or more products and emerging products contributing more than 20% of net new ACV for the second consecutive quarter.
• Management highlighted early traction in newer offerings such as Connected Asset Maintenance, Waste Intelligence, and Ground Intelligence, and said pricing models are still being tested as these products scale.
• For Q2 and FY2027, Samsara guided to continued growth and profitability, with full-year revenue expected at $2.005 billion to $2.013 billion and GAAP profitability expected for the year.

Samsara Trading Down 1.0%

Shares of NYSE IOT opened at $34.84 on Friday. Samsara has a 12 month low of $23.38 and a 12 month high of $47.47. The firm has a market capitalization of $20.23 billion, a PE ratio of 348.47, a price-to-earnings-growth ratio of 10.48 and a beta of 1.34. The firm has a fifty day simple moving average of $30.65 and a two-hundred day simple moving average of $32.46.

Insider Buying and Selling at Samsara

In other Samsara news, insider John Bicket sold 168,227 shares of the company’s stock in a transaction on Tuesday, May 12th. The shares were sold at an average price of $28.58, for a total value of $4,807,927.66. Following the completion of the transaction, the insider directly owned 15,200 shares in the company, valued at approximately $434,416. This represents a 91.71% decrease in their position. The sale was disclosed in a document filed with the Securities & Exchange Commission, which can be accessed through the SEC website. The transaction was executed under a pre-arranged Rule 10b5-1 trading plan. Also, insider Sanjit Biswas sold 168,272 shares of the company’s stock in a transaction on Tuesday, May 12th. The stock was sold at an average price of $28.58, for a total transaction of $4,809,213.76. Following the completion of the transaction, the insider owned 15,200 shares of the company’s stock, valued at $434,416. This trade represents a 91.72% decrease in their ownership of the stock. The SEC filing for this sale provides additional information. The transaction was executed under a pre-arranged Rule 10b5-1 trading plan. Insiders sold a total of 2,700,139 shares of company stock valued at $79,212,871 over the last 90 days. Company insiders own 35.13% of the company’s stock.

Institutional Inflows and Outflows

Several institutional investors have recently modified their holdings of IOT. Brighton Jones LLC bought a new position in shares of Samsara in the 4th quarter worth about $13,464,000. Royal Bank of Canada increased its stake 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 worth $3,686,000 after acquiring an additional 48,135 shares in the last quarter. Jones Financial Companies Lllp increased its stake in shares of Samsara by 2,444.6% in the 1st quarter. Jones Financial Companies Lllp now owns 17,787 shares of the company’s stock worth $682,000 after acquiring an additional 17,088 shares in the last quarter. Empowered Funds LLC increased its stake in shares of Samsara by 3.4% in the 1st quarter. Empowered Funds LLC now owns 10,168 shares of the company’s stock worth $390,000 after acquiring an additional 335 shares in the last quarter. Finally, Marshall Wace LLP increased its stake in shares of Samsara by 142.4% in the 2nd quarter. Marshall Wace LLP now owns 68,860 shares of the company’s stock worth $2,739,000 after acquiring an additional 40,450 shares in the last quarter. 96.02% of the stock is currently owned by institutional investors.

Samsara News Roundup

Here are the key news stories impacting Samsara this week:

• Positive Sentiment: Samsara delivered stronger-than-expected quarterly results, showing continued demand for its connected operations and AI-driven platform. Samsara Reports First Quarter Fiscal Year 2027 Financial Results
• Positive Sentiment: ARR growth remained robust at 30%, and the company highlighted expanding enterprise adoption and momentum in Operational AI. Samsara Approaches $2 Billion in ARR Amid Physical Economy Boom
• Positive Sentiment: Management raised fiscal 2027 guidance, which suggests confidence in the company’s growth trajectory and operating leverage. Samsara Q1 Earnings & Revenues Beat Estimates, FY27 Outlook Raised

Analyst Upgrades and Downgrades

A number of equities research analysts recently commented on IOT shares. KeyCorp upped their price target on shares of Samsara from $40.00 to $41.00 and gave the company an “overweight” rating in a report on Friday, March 6th. Evercore reiterated an “outperform” rating on shares of Samsara in a report on Friday, March 6th. Weiss Ratings upgraded shares of Samsara from a “sell (e+)” rating to a “sell (d-)” rating in a report on Monday. UBS Group reiterated a “buy” rating and set a $48.00 price target on shares of Samsara in a report on Friday, March 6th. Finally, Zacks Research lowered 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 issued a Buy rating, four have assigned a Hold rating and one has assigned a Sell rating to the company. Based on data from MarketBeat.com, the stock currently has a consensus rating of “Moderate Buy” and an average price target of $46.53.

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.