Samsara Adjusts FY 2026 Earnings Forecast Amid Strong Q4 Performance

Samsara Inc. (NYSE:IOT) has revised its earnings guidance for the fiscal year 2026, projecting earnings per share (EPS) between $0.500 and $0.500. This update comes as the company exceeds market expectations, with analysts initially forecasting an EPS of $0.240. Additionally, Samsara has set its revenue guidance at $1.6 billion, aligning closely with the consensus estimate.

In a noteworthy update, Samsara also provided guidance for the fourth quarter of 2026, estimating an EPS in the range of $0.120 to $0.130. This positive outlook follows the company’s recent quarterly earnings announcement on December 4, 2023, where it reported an EPS of $0.15, surpassing expectations of $0.12. The firm’s revenue for the quarter was reported at $415.98 million, exceeding analyst estimates of $398.92 million.

Samsara Stock Performance and Market Insights

On the day of the guidance update, Samsara’s stock saw a notable increase, rising 4.4% to reach $40.73 per share. During this trading session, over 11.4 million shares changed hands, significantly higher than the average volume of 4.9 million. The company’s market capitalization stands at approximately $23.36 billion, with a price-to-earnings (P/E) 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, with its 50-day and 200-day simple moving averages at $38.27 and $38.82, respectively.

Insider Trading Activity and Institutional Holdings

In related news, there have been significant insider transactions at Samsara. On December 3, 2023, insider Sanjit Biswas sold 14,152 shares at an average price of $38.10, totaling approximately $539,191.20. Following this transaction, Biswas retains 44,952 shares valued at around $1.71 million. This sale represents a 23.94% reduction in his ownership of the company.

Another insider, Adam Eltoukhy, sold 4,767 shares on November 20, 2023, at an average price of $36.04, amounting to about $171,802.68. After this sale, Eltoukhy holds 302,698 shares valued at approximately $10.91 million, reflecting a 1.55% decrease in his stake.

Over the last ninety days, company insiders have sold a total of 3,747,900 shares, worth around $143.79 million. Insiders currently own 46.49% of the company’s stock.

Institutional investors also play a significant role in Samsara’s ownership structure, holding 96.02% of the company’s shares. Recent activity includes a 194.4% increase in holdings by IFP Advisors Inc. during the third quarter, acquiring an additional 828 shares and bringing its total to 1,254 shares valued at $47,000. Other institutional investors, such as CIBC Bancorp USA Inc. and Jasper Ridge Partners L.P., have also recently expanded their positions in Samsara.

Samsara specializes in providing solutions that connect physical operations data to its cloud platform, enhancing operational efficiencies for clients. The company’s Connected Operations Cloud integrates data from Internet of Things (IoT) devices, offering capabilities for artificial intelligence, analytics, and data security.

With the updated financial outlook and strategic positioning, Samsara continues to attract attention from both analysts and investors, highlighting its growth potential in the evolving technology landscape.