Samsara (NYSE:IOT) Updates Q2 2027 Earnings Guidance

Samsara (NYSE:IOT) issued an update on its second quarter 2027 earnings guidance on Thursday morning. The company provided earnings per share guidance of 0.150-0.160 for the period, compared to the consensus earnings per share estimate of 0.150. The company issued revenue guidance of $482.0 million-$484.0 million, compared to the consensus revenue estimate of $479.9 million. Samsara also updated its FY 2027 guidance to 0.700-0.720 EPS.

Samsara Trading Down 2.9%

IOT stock opened at $35.29 on Friday. The stock has a market capitalization of $20.49 billion, a PE ratio of -1,763.47, a price-to-earnings-growth ratio of 10.81 and a beta of 1.34. The stock’s 50 day simple moving average is $30.59 and its 200 day simple moving average is $32.44. Samsara has a 12-month low of $23.38 and a 12-month high of $48.40.

Samsara (NYSE:IOT) last announced its earnings results on Thursday, March 5th. The company reported $0.18 earnings per share for the quarter, beating analysts’ consensus estimates of $0.13 by $0.05. The business had revenue of $444.30 million during the quarter, compared to analyst estimates of $422.29 million. Samsara had a negative net margin of 0.56% and a negative return on equity of 0.72%. The company’s quarterly revenue was up 28.3% compared to the same quarter last year. During the same period in the previous year, the business earned $0.11 EPS. On average, research analysts predict that Samsara will post 0.08 earnings per share for the current year.

Wall Street Analyst Weigh In

IOT has been the subject of a number of research reports. The Goldman Sachs Group set a $45.00 target price on shares of Samsara in a research note on Monday, March 2nd. Truist Financial cut their price target on Samsara from $39.00 to $30.00 and set a “hold” rating for the company in a research note on Tuesday, February 17th. KeyCorp increased their price objective on shares of Samsara from $40.00 to $41.00 and gave the company an “overweight” rating in a report on Friday, March 6th. UBS Group reissued a “buy” rating and set a $48.00 price objective on shares of Samsara in a report on Friday, March 6th. Finally, Evercore reissued an “outperform” rating on shares of Samsara in a report on Friday, March 6th. One analyst has rated the stock with a Strong Buy rating, twelve have issued a Buy rating, four have issued a Hold rating and one has issued a Sell rating to the company. According to MarketBeat.com, the company presently has a consensus rating of “Moderate Buy” and an average price target of $46.18.

Insider Transactions at Samsara

In related news, insider John Bicket sold 168,227 shares of the stock in a transaction dated Tuesday, May 12th. The shares were sold at an average price of $28.58, for a total value of $4,807,927.66. Following the completion of the transaction, the insider owned 15,200 shares of the company’s stock, valued at approximately $434,416. This trade represents a 91.71% decrease in their position. The sale was disclosed in a legal filing with the Securities & Exchange Commission, which is accessible through this hyperlink. The transaction was executed under a pre-arranged Rule 10b5-1 trading plan. Also, insider Sanjit Biswas sold 168,272 shares of the stock in a transaction dated Tuesday, May 12th. The stock was sold at an average price of $28.58, for a total transaction of $4,809,213.76. Following the completion of the sale, the insider directly owned 15,200 shares in the company, valued at $434,416. This trade represents a 91.72% decrease in their ownership of the stock. 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 ninety days, insiders sold 2,700,139 shares of company stock valued at $79,212,871. 35.13% of the stock is owned by insiders.

More Samsara News

Here are the key news stories impacting Samsara this week:

• Positive Sentiment: Samsara beat Q1 expectations, reporting EPS of $0.17 to $0.18 versus consensus around $0.13, and revenue of about $479 million to $444 million depending on the source, both ahead of estimates. The company also said revenue grew roughly 30% year over year, showing strong demand for its connected operations platform. Samsara Reports First Quarter Fiscal Year 2027 Financial Results
• Positive Sentiment: Management raised full-year FY2027 guidance, with EPS guidance of $0.70-$0.72 well above the Street’s roughly $0.56 estimate, and second-quarter revenue guidance of $482 million-$484 million also slightly ahead of expectations. That suggests continued operating leverage and solid top-line momentum. Samsara Reports First Quarter Fiscal Year 2027 Financial Results
• Neutral Sentiment: The company highlighted that it is approaching $2 billion in annual recurring revenue and called out accelerating growth, deeper enterprise adoption, and momentum in “Operational AI,” which supports the long-term investment thesis but is not a near-term catalyst by itself. Samsara Approaches $2 Billion in ARR Amid Physical Economy Boom
• Negative Sentiment: Despite the strong quarter, investors appear wary that the guidance may not be strong enough to satisfy a richly valued growth stock, and the earnings call transcript and Barron’s coverage indicate the market is zeroing in on forward expectations rather than the current-quarter beat. Samsara Stock Drops After Earnings. What’s Worrying Markets.

Hedge Funds Weigh In On Samsara

Institutional investors have recently modified their holdings of the stock. Brighton Jones LLC purchased a new position in shares of Samsara during the fourth quarter worth approximately $13,464,000. UniSuper Management Pty Ltd purchased a new position in Samsara during the fourth quarter valued at approximately $259,000. one8zero8 LLC purchased a new position in Samsara during the fourth quarter valued at approximately $248,000. Virtue Capital Management LLC purchased a new position in Samsara during the fourth quarter valued at approximately $241,000. Finally, Principal Securities Inc. increased its holdings in Samsara by 44.4% during the fourth quarter. Principal Securities Inc. now owns 6,097 shares of the company’s stock valued at $216,000 after buying an additional 1,874 shares during the period. 96.02% of the stock is owned by hedge funds and other institutional investors.

About Samsara

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.