Samsara Boosts Q4 2026 Earnings Guidance, Stock Rises

Samsara Inc (NYSE:IOT) announced an optimistic update regarding its earnings guidance for the fourth quarter of 2026 on Thursday. The company projected earnings per share (EPS) between $0.120 and $0.130, significantly surpassing the consensus estimate of $0.070. Additionally, Samsara provided a revenue forecast ranging from $421.0 million to $423.0 million, which also exceeds market expectations of $419.1 million.

In conjunction with its quarterly outlook, Samsara adjusted its full-year 2026 guidance to an EPS of $0.500. The announcement was positively received by investors, as shares increased by $1.72 during mid-day trading on Thursday, reaching a price of $40.73. The trading volume reached 11,437,130 shares, a notable rise compared to the average volume of 4,889,265 shares.

Stock Performance and Market Position

Samsara’s market capitalization stands at $23.36 billion with a price-to-earnings ratio of -254.56 and a beta of 1.61. Over the past year, the stock has fluctuated between a low of $31.40 and a high of $61.90. Its fifty-day moving average is $38.27, while the 200-day moving average is $38.82.

The most recent quarterly earnings report, released on December 4, 2023, revealed an EPS of $0.15, exceeding the consensus estimate of $0.12 by $0.03. Samsara recorded revenues of $415.98 million for that quarter, surpassing the expected $398.92 million. Despite these positive figures, the company reported a negative net margin of 6.16% and a negative return on equity of 7.53%.

Insider Activity and Institutional Investment

In other developments, significant insider transactions have occurred. Major shareholder Horowitz Lsv Fund I, led by Andreessen, sold 793,331 shares on September 9, 2023, at an average price of $38.55, totaling approximately $30.58 million. Another major shareholder, Parallel Fund IV L.P., also sold 793,331 shares in the same transaction. In total, insiders have sold 3,747,900 shares worth $143.79 million over the past three months, with insider ownership currently at 46.49%.

Several institutional investors have recently adjusted their stakes in Samsara. Brighton Jones LLC acquired a new position in the company during the fourth quarter, valued at approximately $13.46 million. The Royal Bank of Canada notably increased its stake by 100.3% in the first quarter, now holding 96,142 shares valued at $3.69 million after purchasing an additional 48,135 shares. Jones Financial Companies LLLP raised its position by an impressive 2,444.6%, acquiring 17,787 shares worth $682,000.

Overall, institutional ownership now comprises 96.02% of the stock, reflecting strong confidence in Samsara’s business model and future prospects.

About Samsara, the company specializes in connecting physical operations data to its cloud-based Connected Operations platform, offering solutions that enhance operational efficiency through data aggregation, AI capabilities, and robust analytics.