Samsara (NYSE:IOT) Updates FY 2025 Earnings Guidance

Samsara (NYSE:IOTGet Free Report) issued an update on its FY 2025 earnings guidance on Thursday morning. The company provided earnings per share guidance of 0.130-0.150 for the period, compared to the consensus earnings per share estimate of 0.120. The company issued revenue guidance of $1.2 billion-$1.2 billion, compared to the consensus revenue estimate of $1.2 billion. Samsara also updated its FY25 guidance to $0.13-$0.15 EPS.

Samsara Price Performance

IOT opened at $30.55 on Friday. The business’s 50-day moving average is $35.84 and its two-hundred day moving average is $34.31. Samsara has a 1 year low of $21.48 and a 1 year high of $42.28. The firm has a market capitalization of $16.82 billion, a PE ratio of -61.10 and a beta of 1.51.

Samsara (NYSE:IOTGet Free Report) last posted its earnings results on Thursday, March 7th. The company reported ($0.08) earnings per share (EPS) for the quarter, meeting the consensus estimate of ($0.08). Samsara had a negative return on equity of 21.59% and a negative net margin of 27.14%. The company had revenue of $276.27 million for the quarter, compared to analyst estimates of $258.56 million. As a group, sell-side analysts expect that Samsara will post -0.4 EPS for the current year.

Analysts Set New Price Targets

IOT has been the topic of a number of research analyst reports. StockNews.com upgraded Samsara from a sell rating to a hold rating in a research note on Saturday, May 25th. Piper Sandler restated a neutral rating and set a $36.00 price target (down previously from $41.00) on shares of Samsara in a research note on Friday. Evercore ISI dropped their price target on Samsara from $41.00 to $40.00 and set an in-line rating on the stock in a research note on Friday. Loop Capital initiated coverage on Samsara in a research note on Thursday, April 18th. They set a buy rating and a $42.00 price target on the stock. Finally, Royal Bank of Canada restated an outperform rating and set a $47.00 price target on shares of Samsara in a research note on Friday. Six analysts have rated the stock with a hold rating and five have given a buy rating to the company’s stock. According to MarketBeat, the stock has an average rating of Hold and a consensus price target of $34.91.

Get Our Latest Analysis on Samsara

Insider Buying and Selling at Samsara

In other Samsara news, CEO Sanjit Biswas sold 96,000 shares of the business’s stock in a transaction that occurred on Tuesday, March 12th. The stock was sold at an average price of $38.70, for a total value of $3,715,200.00. Following the completion of the transaction, the chief executive officer now directly owns 274,335 shares of the company’s stock, valued at $10,616,764.50. The sale was disclosed in a filing with the Securities & Exchange Commission, which is available at this hyperlink. In other Samsara news, CEO Sanjit Biswas sold 96,000 shares of the business’s stock in a transaction that occurred on Tuesday, March 12th. The stock was sold at an average price of $38.70, for a total value of $3,715,200.00. Following the completion of the transaction, the chief executive officer now directly owns 274,335 shares of the company’s stock, valued at $10,616,764.50. The sale was disclosed in a filing with the Securities & Exchange Commission, which is available at this hyperlink. Also, insider John Bicket sold 7,855 shares of the business’s stock in a transaction that occurred on Thursday, May 23rd. The shares were sold at an average price of $40.15, for a total value of $315,378.25. Following the completion of the transaction, the insider now directly owns 2,036,462 shares of the company’s stock, valued at $81,763,949.30. The disclosure for this sale can be found here. Over the last ninety days, insiders sold 1,772,783 shares of company stock valued at $64,729,455. 60.04% of the stock is owned by company insiders.

About Samsara

(Get Free Report)

Samsara Inc provides solutions that connects physical operations data to its connected operations cloud in the United States and internationally. The company's Connected Operations Cloud includes Data Platform, which ingests, aggregates, and enriches data from its IoT devices and has embedded capabilities for AI, workflows and analytics, alerts, API connections, and data security and privacy.

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