Samsara (NYSE:IOT) Updates FY 2026 Earnings Guidance

Samsara (NYSE:IOT) updated its FY 2026 earnings guidance on Thursday. 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 Stock Up 4.4%

Shares of IOT stock traded up $1.72 during trading hours on Thursday, hitting $40.73. 11,437,130 shares of the company’s stock traded hands, compared to its average volume of 4,889,265. The stock has a market cap of $23.36 billion, a PE ratio of -254.56 and a beta of 1.61. Samsara has a 12 month low of $31.40 and a 12 month high of $61.90. The stock’s 50 day simple moving average is $38.27 and its 200 day simple moving average is $38.82.

Samsara (NYSE:IOT) last issued its quarterly earnings results on Thursday, December 4th. The company reported $0.15 earnings per share (EPS) for the quarter, beating the consensus estimate of $0.12 by $0.03. The firm had revenue of $415.98 million for the quarter, compared to analyst estimates of $398.92 million. Samsara had a negative return on equity of 7.53% and a negative net margin of 6.16%.Samsara has set its FY 2026 guidance at 0.500-0.500 EPS and its Q4 2026 guidance at 0.120-0.130 EPS. As a group, equities research analysts expect that Samsara will post -0.3 EPS for the current fiscal year.

Wall Street Analyst Weigh In

IOT has been the subject of a number of research analyst reports. Evercore ISI set a $50.00 price target on Samsara and gave the company an “outperform” rating in a research report on Wednesday, October 1st. Truist Financial raised their price target on shares of Samsara from $35.00 to $39.00 and gave the stock a “hold” rating in a research note on Friday, September 5th. Craig Hallum raised Samsara from a “hold” rating to a “buy” rating and upped their price target for the company from $42.00 to $48.00 in a research report on Friday, September 5th. Zacks Research cut Samsara from a “strong-buy” rating to a “hold” rating in a research note on Friday, August 15th. Finally, Piper Sandler reaffirmed an “overweight” rating and set a $48.00 price objective on shares of Samsara in a report on Friday, November 14th. Eight investment analysts have rated the stock with a Buy rating, six have assigned a Hold rating and one has assigned a Sell rating to the company’s stock. Based on data from MarketBeat.com, Samsara has an average rating of “Hold” and an average price target of $49.55.

Insider Activity

In related news, insider Sanjit Biswas sold 14,152 shares of the business’s stock in a transaction that occurred on Wednesday, December 3rd. The shares were sold at an average price of $38.10, for a total transaction of $539,191.20. Following the completion of the transaction, the insider owned 44,952 shares of the company’s stock, valued at approximately $1,712,671.20. The trade was a 23.94% decrease in their ownership of the stock. The sale was disclosed in a legal filing with the Securities & Exchange Commission, which is accessible through the SEC website. Also, insider Adam Eltoukhy sold 4,767 shares of the stock in a transaction on Thursday, November 20th. The stock was sold at an average price of $36.04, for a total value of $171,802.68. Following the completion of the sale, the insider owned 302,698 shares in the company, valued at $10,909,235.92. This trade represents a 1.55% decrease in their position. Additional details regarding this sale are available in the official SEC disclosure. Insiders have sold a total of 3,747,900 shares of company stock worth $143,785,208 over the last ninety days. Company insiders own 46.49% of the company’s stock.

Institutional Trading of Samsara

A number of large investors have recently modified their holdings of IOT. IFP Advisors Inc increased its position in shares of Samsara by 194.4% in the third quarter. IFP Advisors Inc now owns 1,254 shares of the company’s stock worth $47,000 after purchasing an additional 828 shares during the last quarter. CIBC Bancorp USA Inc. purchased a new position in Samsara in the 3rd quarter worth approximately $379,000. Sunbelt Securities Inc. purchased a new position in Samsara in the 3rd quarter worth approximately $308,000. Danske Bank A S bought a new position in Samsara in the third quarter valued at $4,053,000. Finally, Jasper Ridge Partners L.P. raised its position in Samsara by 45.6% during the third quarter. Jasper Ridge Partners L.P. now owns 47,163 shares of the company’s stock valued at $1,757,000 after purchasing an additional 14,769 shares in the last quarter. Institutional investors own 96.02% of the company’s stock.

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.