First Trust Advisors LP grew its stake in shares of Samsara Inc. (NYSE: IOT) by 78.8% in the undefined quarter, according to its most recent Form 13F filing with the Securities and Exchange Commission. The fund owned 951,085 shares of the company's stock after purchasing an additional 419,164 shares during the quarter. First
In a market environment that has been quick to punish tech companies for any hint of weakness, one company just delivered a masterclass in operational excellence. Against a backdrop of ongoing volatility and a sharp focus on profitability, investors sent Samsara NYSE: IOT shares up by over 18% following its latest earnings report.
Samsara Inc (NYSE:IOT) stock is 16% higher today, bucking the broad market selloff, after the internet-connected sensor systems firm reported adjusted fourth-quarter earnings of 18 cents per share on $444.3 million in revenue, both of which exceeded estimates.
IOT jumps 12% after Q4 earnings crush estimates, with earnings up 64% and revenues rising 28% as strong growth and upbeat FY27 guidance lift outlook.
Samsara Inc. remains a Buy with a $40 intrinsic value target, supported by robust Q4 results and a constructive FY 2027 outlook. IOT delivered Q4 non-GAAP EPS of $0.18 (vs. $0.13 consensus) and 28% YoY revenue growth, with ARR up 33% to $1.9 billion. Management guides for 21-22% revenue growth in FY 2027, accelerating ARR, and ongoing AI-driven expansion across diverse industries.
Samsara Inc. (IOT) Q4 2026 Earnings Call Transcript
Samsara Inc. (IOT) came out with quarterly earnings of $0.18 per share, beating the Zacks Consensus Estimate of $0.13 per share. This compares to earnings of $0.11 per share a year ago.
Samsara Inc. (IOT) closed at $24.72 in the latest trading session, marking a -7.73% move from the prior day.
Samsara IOT has been enhancing its Connected Operations Platform from time to time with the introduction of workflow applications, security, analytics and data enrichment through integrations and aggregations. Now, the company is implementing artificial intelligence throughout its platform.
IOT declines 57% in a year, yet AI-driven platform growth and a vast underpenetrated market keep the buy, hold or sell debate alive.
Samsara Inc. (IOT) concluded the recent trading session at $26.16, signifying a -4.25% move from its prior day's close.
In the closing of the recent trading day, Samsara Inc. (IOT) stood at $26.41, denoting a -5.85% move from the preceding trading day.