Software stock Samsara Inc ( NYSE:IOT) is down 5% to trade at $44.81 this morning, after the software company's disappointing current-quarter revenue guidance overshadowed better-than-expected first-quarter results.
Samsara Inc. (NYSE:IOT ) Q1 2026 Earnings Conference Call June 5, 2025 5:00 PM ET Company Participants Dominic Phillips - Executive VP & CFO Mike Chang - Vice President of Corporate Development & Investor Relations Sanjit Biswas - Co-Founder, CEO & Chairman Conference Call Participants Aleksandr J. Zukin - Wolfe Research, LLC Alexander James Sklar - Raymond James & Associates, Inc., Research Division Alexei Mihaylovich Gogolev - JPMorgan Chase & Co, Research Division Daniel William Jester - BMO Capital Markets Equity Research Dylan Tyler Becker - William Blair & Company L.L.C.
I initiate Samsara Inc. with a Buy rating and a $58 fair value, driven by strong ARR growth and expanding enterprise adoption. Samsara's Connected Operations Platform leverages AI and IoT to automate processes, enhance safety, and deliver high ROI across diversified end-markets. Recurring revenue, underpenetrated markets, and margin expansion from scale and operating leverage support my bullish long-term growth outlook.
Samsara Inc. (IOT) came out with quarterly earnings of $0.11 per share, beating the Zacks Consensus Estimate of $0.06 per share. This compares to earnings of $0.03 per share a year ago.
Samsara (NYSE:IOT), a cloud-based IoT firm, is set to report its earnings on Thursday, June 5, 2025. For traders driven by events, analyzing how the stock has historically behaved in response to earnings announcements can be quite enlightening.
Samsara Inc. (IOT) concluded the recent trading session at $46.48, signifying a -0.66% move from its prior day's close.
In the latest trading session, Samsara Inc. (IOT) closed at $46.14, marking a +1.07% move from the previous day.
Samsara Inc. (IOT) closed the most recent trading day at $46.93, moving -1.7% from the previous trading session.
Samsara Inc. (IOT) closed the most recent trading day at $41.96, moving +1.35% from the previous trading session.
IOT launches an Electronic Brake Performance Monitoring System to help fleets meet new DVSA guidelines and reduce costs with continuous brake data monitoring.
Samsara Inc. (IOT) appears to have found support after losing some value lately, as indicated by the formation of a hammer chart. In addition to this technical chart pattern, strong agreement among Wall Street analysts in revising earnings estimates higher enhances the stock's potential for a turnaround in the near term.
IOT accelerates growth with major enterprise wins, strong multi-product adoption and a rising customer base across key industries.