Samsara (NYSE:IOT) Issues FY 2026 Earnings Guidance

Samsara (NYSE:IOT) issued an update on its FY 2026 earnings guidance on Thursday morning. The company provided EPS guidance of 0.320-0.340 for the period, compared to the consensus EPS estimate of 0.280. The company issued revenue guidance of $1.5 billion-$1.5 billion, compared to the consensus revenue estimate of $1.5 billion. Samsara also updated its Q1 2026 guidance to 0.050-0.060 EPS.

Samsara Trading Down 15.7 %

Shares of Samsara stock opened at $35.32 on Friday. The company has a market capitalization of $19.82 billion, a PE ratio of -75.14 and a beta of 1.63. Samsara has a 12 month low of $27.14 and a 12 month high of $61.90. The stock’s fifty day simple moving average is $49.21 and its 200 day simple moving average is $48.29.

Wall Street Analyst Weigh In

Several research firms have issued reports on IOT. Raymond James began coverage on Samsara in a research note on Wednesday, February 26th. They issued a “market perform” rating on the stock. Berenberg Bank began coverage on Samsara in a research note on Monday, February 3rd. They issued a “hold” rating and a $57.00 price target on the stock. Wells Fargo & Company dropped their price target on Samsara from $55.00 to $51.00 and set an “overweight” rating on the stock in a research note on Friday. JPMorgan Chase & Co. lifted their price target on Samsara from $40.00 to $44.00 and gave the company a “neutral” rating in a research note on Friday, December 6th. Finally, BMO Capital Markets dropped their price target on Samsara from $57.00 to $48.00 and set a “market perform” rating on the stock in a research note on Friday. Eleven research analysts have rated the stock with a hold rating and six have given a buy rating to the company’s stock. According to data from MarketBeat, the company presently has a consensus rating of “Hold” and a consensus target price of $49.60.

Insider Buying and Selling

In other news, insider Adam Eltoukhy sold 9,043 shares of the business’s stock in a transaction that occurred on Thursday, February 20th. The stock was sold at an average price of $53.88, for a total transaction of $487,236.84. Following the completion of the sale, the insider now owns 331,106 shares in the company, valued at $17,839,991.28. The trade was a 2.66 % decrease in their ownership of the stock. The sale was disclosed in a legal filing with the SEC, which is available at this hyperlink. Also, insider Sanjit Biswas sold 145,392 shares of the business’s stock in a transaction that occurred on Tuesday, March 4th. The stock was sold at an average price of $44.27, for a total value of $6,436,503.84. Following the sale, the insider now owns 120,000 shares of the company’s stock, valued at approximately $5,312,400. This represents a 54.78 % decrease in their position. The disclosure for this sale can be found here. Over the last 90 days, insiders sold 1,389,912 shares of company stock worth $65,081,064. Company insiders own 60.04% of the company’s stock.

Institutional Investors Weigh In On Samsara

An institutional investor recently bought a new position in Samsara stock. Brighton Jones LLC acquired a new position in shares of Samsara Inc. (NYSE:IOT) in the fourth quarter, according to the company in its most recent 13F filing with the Securities & Exchange Commission. The fund acquired 308,168 shares of the company’s stock, valued at approximately $13,464,000. Brighton Jones LLC owned 0.05% of Samsara as of its most recent SEC filing. 96.02% of the stock is currently owned by institutional investors and hedge funds.

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.