Samsara (NYSE:IOT) Updates Q1 2026 Earnings Guidance

Samsara (NYSE:IOT) updated its first quarter 2026 earnings guidance on Thursday. The company provided earnings per share (EPS) guidance of 0.050-0.060 for the period, compared to the consensus estimate of 0.050. The company issued revenue guidance of $350.0 million-$352.0 million, compared to the consensus revenue estimate of $351.3 million. Samsara also updated its FY 2026 guidance to 0.320-0.340 EPS.

Samsara Stock Down 4.0 %

IOT stock traded down $1.74 during mid-day trading on Thursday, reaching $41.86. 5,604,810 shares of the company traded hands, compared to its average volume of 3,216,310. The firm’s 50 day moving average price is $49.28 and its 200 day moving average price is $48.34. Samsara has a fifty-two week low of $27.14 and a fifty-two week high of $61.90. The stock has a market cap of $23.49 billion, a price-to-earnings ratio of -89.05 and a beta of 1.61.

Analysts Set New Price Targets

IOT has been the subject of several analyst reports. Raymond James initiated coverage on shares of Samsara in a report on Wednesday, February 26th. They issued a “market perform” rating for the company. Berenberg Bank initiated coverage on Samsara in a research note on Monday, February 3rd. They issued a “hold” rating and a $57.00 target price on the stock. Royal Bank of Canada lifted their price objective on Samsara from $49.00 to $64.00 and gave the stock an “overweight” rating in a report on Thursday, December 5th. Morgan Stanley increased their target price on shares of Samsara from $40.00 to $52.00 and gave the stock an “equal weight” rating in a research report on Wednesday, November 20th. Finally, StockNews.com upgraded shares of Samsara from a “sell” rating to a “hold” rating in a research note on Friday, November 8th. Eleven analysts have rated the stock with a hold rating and six have given a buy rating to the company’s stock. According to MarketBeat.com, Samsara has a consensus rating of “Hold” and a consensus target price of $51.67.

Insiders Place Their Bets

In other news, insider Adam Eltoukhy sold 23,960 shares of Samsara stock in a transaction dated Friday, December 20th. The shares were sold at an average price of $43.81, for a total transaction of $1,049,687.60. Following the sale, the insider now owns 331,106 shares of the company’s stock, valued at approximately $14,505,753.86. The trade was a 6.75 % decrease in their position. The sale was disclosed in a document filed with the SEC, which is accessible through this hyperlink. Also, insider Dominic Phillips sold 20,136 shares of the stock in a transaction dated Monday, December 9th. The stock was sold at an average price of $50.45, for a total transaction of $1,015,861.20. Following the completion of the transaction, the insider now directly owns 882,664 shares of the company’s stock, valued at approximately $44,530,398.80. The trade was a 2.23 % decrease in their ownership of the stock. The disclosure for this sale can be found here. Insiders sold a total of 1,244,520 shares of company stock valued at $58,644,560 over the last 90 days. Insiders own 60.04% of the company’s stock.

Institutional Investors Weigh In On Samsara

A hedge fund recently bought a new stake in Samsara stock. Brighton Jones LLC bought a new position in Samsara Inc. (NYSE:IOT) during the fourth quarter, according to its most recent disclosure with the SEC. The institutional investor bought 308,168 shares of the company’s stock, valued at approximately $13,464,000. Brighton Jones LLC owned 0.05% of Samsara at the end of the most recent reporting period. Institutional investors own 96.02% of the company’s stock.

About Samsara

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.