Samsara (NYSE:IOT) Releases Q3 2027 Earnings Guidance

by · The Markets Daily

Samsara (NYSE:IOT – Get Free Report) issued an update on its third quarter 2027 earnings guidance on Thursday. The company provided earnings per share guidance of 0.180-1.090 for the period, compared to the consensus EPS estimate of 0.150. The company issued revenue guidance of $514.0 million-$516.0 million, compared to the consensus revenue estimate of $509.8 million. Samsara also updated its FY 2027 guidance to 0.760-0.780 EPS.

Wall Street Analysts Forecast Growth

Several brokerages have issued reports on IOT. TD Cowen upped their target price on Samsara from $45.00 to $48.00 and gave the stock a “buy” rating in a research note on Thursday, August 20th. Jefferies Financial Group raised shares of Samsara to a “buy” rating in a research note on Thursday, June 11th. Morgan Stanley set a $43.00 target price on shares of Samsara in a research report on Tuesday, July 21st. Piper Sandler downgraded shares of Samsara from an “overweight” rating to a “neutral” rating and set a $40.00 price target for the company. in a research note on Sunday, August 9th. Finally, BTIG Research reaffirmed a “buy” rating and set a $45.00 price objective on shares of Samsara in a research note on Friday, June 26th. Two equities research analysts have rated the stock with a Strong Buy rating, thirteen have given a Buy rating and six have assigned a Hold rating to the company. Based on data from MarketBeat.com, Samsara has an average rating of “Moderate Buy” and an average target price of $46.67.

Get Our Latest Stock Analysis on IOT

Samsara Stock Performance

Shares of NYSE IOT traded up $1.95 during mid-day trading on Thursday, hitting $38.74. The stock had a trading volume of 15,892,066 shares, compared to its average volume of 6,867,105. The business has a 50 day moving average price of $37.39 and a two-hundred day moving average price of $33.09. Samsara has a 1 year low of $23.38 and a 1 year high of $47.47. The firm has a market cap of $22.57 billion, a P/E ratio of 387.44, a price-to-earnings-growth ratio of 8.77 and a beta of 1.35.

Samsara (NYSE:IOT – Get Free Report) last posted its earnings results on Thursday, June 4th. The company reported $0.17 earnings per share (EPS) for the quarter, beating the consensus estimate of $0.13 by $0.04. Samsara had a return on equity of 2.00% and a net margin of 3.32%.The firm had revenue of $478.84 million for the quarter, compared to analysts’ expectations of $455.21 million. During the same period in the previous year, the firm earned $0.11 earnings per share. The business’s revenue was up 30.5% compared to the same quarter last year. Equities research analysts predict that Samsara will post 0.15 EPS for the current fiscal year.

Insider Buying and Selling at Samsara

In other Samsara news, insider John Bicket sold 34,557 shares of the company’s stock in a transaction that occurred on Thursday, August 20th. The stock was sold at an average price of $39.44, for a total transaction of $1,362,928.08. Following the transaction, the insider owned 1,134,795 shares in the company, valued at approximately $44,756,314.80. This represents a 2.96% decrease in their position. The transaction was disclosed in a legal filing with the Securities & Exchange Commission, which is accessible through the SEC website. The transaction was executed under a pre-arranged Rule 10b5-1 trading plan. Also, CEO Sanjit Biswas sold 35,366 shares of the firm’s stock in a transaction that occurred on Thursday, August 20th. The shares were sold at an average price of $39.43, for a total value of $1,394,481.38. Following the completion of the transaction, the chief executive officer owned 935,671 shares of the company’s stock, valued at approximately $36,893,507.53. The trade was a 3.64% decrease in their position. The SEC filing for this sale provides additional information. The transaction was executed under a pre-arranged Rule 10b5-1 trading plan. In the last three months, insiders have sold 4,478,170 shares of company stock valued at $159,242,120. 35.13% of the stock is currently owned by corporate insiders.

Samsara News Roundup

Here are the key news stories impacting Samsara this week:

  • Positive Sentiment: Quarterly earnings beat expectations: Samsara reported adjusted earnings of $0.20 per share, above the $0.17 Zacks consensus estimate and up from $0.12 a year earlier. Samsara Surpasses Q2 Earnings and Revenue Estimates
  • Positive Sentiment: Durable growth continued: Annual recurring revenue surpassed $2.1 billion, increasing 30% year over year for the third consecutive quarter. Samsara also reported a quarterly record for new customers generating at least $1 million in ARR, while enterprise ARR reportedly grew 50%. Samsara Fiscal Second-Quarter Results
  • Positive Sentiment: Full-year outlook was increased: The higher forecast signals management expects continued demand for its connected-operations and AI platform, particularly as large enterprises standardize operations across vehicles, equipment, sites and frontline workers. Samsara Boosts Full-Year Outlook
  • Neutral Sentiment: Valuation remains a risk factor: Samsara had already risen sharply over the preceding month, and one report noted that the consensus price target was below the prevailing share price. This raises the bar for future results despite the strong quarter. Samsara or UiPath Investment Comparison
  • Neutral Sentiment: Conflicting secondary data: A MarketBeat item listed an EPS miss, but that figure conflicts with Samsara’s reported results and multiple contemporaneous reports showing a $0.20-per-share beat. Investors should rely on the company’s shareholder letter and official filing for final figures.

Institutional Investors Weigh In On Samsara

Several hedge funds have recently bought and sold shares of IOT. Brighton Jones LLC bought a new position in shares of Samsara during the fourth quarter valued at approximately $13,464,000. Royal Bank of Canada boosted its position 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 purchasing an additional 48,135 shares in the last quarter. Jones Financial Companies Lllp grew 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 buying an additional 17,088 shares during the last quarter. Empowered Funds LLC grew 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 buying an additional 335 shares during the last quarter. Finally, Marshall Wace LLP increased its position in Samsara by 142.4% during the 2nd quarter. Marshall Wace LLP now owns 68,860 shares of the company’s stock valued at $2,739,000 after buying an additional 40,450 shares in the last quarter. Institutional investors own 96.02% of the company’s stock.

About Samsara

(Get Free Report)

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.

Further Reading