Samsara (NYSE:IOT) Issues Quarterly Earnings Results

Samsara (NYSE:IOT - Get Free Report) posted its quarterly earnings data on Thursday. The company reported ($0.02) earnings per share (EPS) for the quarter, missing the consensus estimate of $0.07 by ($0.09), Zacks reports. Samsara had a negative return on equity of 19.44% and a negative net margin of 21.80%. The business had revenue of $346.29 million for the quarter, compared to analyst estimates of $335.35 million. Samsara updated its FY 2026 guidance to 0.320-0.340 EPS and its Q1 2026 guidance to 0.050-0.060 EPS.

Samsara Trading Down 3.2 %

IOT stock traded down $1.12 during trading on Monday, hitting $34.25. The company had a trading volume of 10,686,857 shares, compared to its average volume of 3,618,123. The business has a 50 day moving average of $49.02 and a 200 day moving average of $48.36. The firm has a market capitalization of $19.22 billion, a price-to-earnings ratio of -72.86 and a beta of 1.63. Samsara has a fifty-two week low of $27.14 and a fifty-two week high of $61.90.

Insider Activity

In related news, insider Adam Eltoukhy sold 23,960 shares of the business's stock in a transaction that occurred on Friday, December 20th. The shares were sold at an average price of $43.81, for a total value of $1,049,687.60. Following the sale, the insider now directly owns 331,106 shares in the company, valued at $14,505,753.86. The trade was a 6.75 % decrease in their position. The transaction was disclosed in a document filed with the Securities & Exchange Commission, which is available through this link. Also, major shareholder Parallel Fund Iv L.P. Ah sold 112,380 shares of Samsara stock in a transaction that occurred on Tuesday, December 10th. The stock was sold at an average price of $45.92, for a total transaction of $5,160,489.60. The disclosure for this sale can be found here. Insiders sold 1,369,776 shares of company stock worth $64,065,203 over the last three months. Corporate insiders own 60.04% of the company's stock.

Hedge Funds Weigh In On Samsara

A hedge fund recently bought a new stake in Samsara stock. Brighton Jones LLC purchased a new position in Samsara Inc. (NYSE:IOT - Free Report) during the fourth quarter, according to the company in its most recent Form 13F filing with the SEC. The firm purchased 308,168 shares of the company's stock, valued at approximately $13,464,000. Brighton Jones LLC owned approximately 0.05% of Samsara at the end of the most recent quarter. 96.02% of the stock is currently owned by institutional investors and hedge funds.

Wall Street Analysts Forecast Growth

Several research analysts have recently weighed in on the stock. Cowen reiterated a "buy" rating on shares of Samsara in a report on Friday. Wells Fargo & Company decreased their price objective on shares of Samsara from $55.00 to $51.00 and set an "overweight" rating for the company in a research note on Friday. Loop Capital increased their price objective on shares of Samsara from $46.00 to $63.00 and gave the company a "buy" rating in a research report on Thursday, December 5th. Royal Bank of Canada lowered their target price on Samsara from $64.00 to $54.00 and set an "outperform" rating for the company in a research note on Friday. Finally, Craig Hallum restated a "hold" rating on shares of Samsara in a research note on Friday. Nine research analysts have rated the stock with a hold rating and nine have given a buy rating to the company. According to MarketBeat, Samsara presently has an average rating of "Moderate Buy" and an average price target of $49.60.

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.