Samsara (IOT) Stock Soars 15% Following Impressive Q4 Earnings Beat

TLDR

Table of Contents

Samsara (IOT) rallied 15% following a fiscal Q4 adjusted EPS of $0.18 that exceeded the $0.13 Street estimate by $0.05
Quarterly revenue reached $444.3M, reflecting 28% year-over-year growth and beating the $422.3M forecast
Annual recurring revenue climbed to $1.9B, representing approximately 30% year-over-year expansion
Fiscal 2027 EPS outlook of $0.65–$0.69 significantly surpassed analyst projections of roughly $0.33
Several analysts maintained Buy/Outperform recommendations, setting price targets between $39 and $44

Samsara (IOT) delivered an impressive fiscal fourth-quarter performance on Thursday, prompting an immediate market response. Shares surged 15% during Friday’s trading session to reach $34.10, recovering a portion of the 17% decline the stock experienced year-to-date prior to the earnings release.

$IOT (Samsara) #earnings are out: pic.twitter.com/fHKQ9smChA
— The Earnings Correspondent (@earnings_guy) March 5, 2026

The financial results were undeniably strong. Quarterly revenue reached $444.3 million, marking a 28.3% increase compared to the year-ago period and comfortably exceeding the Street’s $422.3 million projection. The company’s adjusted earnings per share of $0.18 topped consensus estimates of $0.13 by a nickel.

Samsara Inc., IOT

The Connected Operations Cloud provider concluded the fiscal year with annual recurring revenue of $1.9 billion, representing 30% year-over-year growth — an essential indicator for a company focused on expansion.

Forward Outlook Impresses Investors

The company’s forward guidance proved equally compelling as the quarterly beat. Samsara established its fiscal 2027 EPS forecast at $0.65–$0.69. This projection substantially exceeds the Wall Street consensus of approximately $0.33 — essentially doubling analyst expectations. First-quarter 2027 EPS guidance of $0.12–$0.13 similarly topped projections.

Executives outlined revenue growth expectations of 21%–22% for fiscal 2027 while emphasizing the company’s artificial intelligence expansion initiatives.

Evercore ISI’s Kirk Materne maintained his Outperform rating and designated Samsara as a “top idea,” swapping out Oracle for this position. He highlighted the company’s vertical integration as protection against AI-related disruption — a particularly relevant argument considering recent pressure on software sector valuations.

BTIG’s Nick Altmann retained his Buy recommendation while adjusting his price target downward from $55 to $45 to account for broader industry valuation compression. He emphasized Samsara’s proprietary data collection as a competitive edge for developing AI capabilities.

Wall Street Price Target Updates

BMO Capital Markets increased its price objective from $40 to $44 while maintaining an Outperform rating. Piper Sandler raised its target to $39 from $37 and kept its Overweight stance, suggesting approximately 22.8% upside potential from the previous close. KeyCorp adjusted its target higher to $41 from $40 with an Overweight rating.

Royal Bank of Canada maintains a $35 price target on the shares.

The aggregate rating from 17 Wall Street analysts stands at “Moderate Buy” with a mean price target of $45.69. The breakdown includes one Strong Buy rating, eleven Buy ratings, four Hold ratings, and one Sell rating.

Samsara’s trading range over the past 52 weeks spans from $23.38 to $48.40. The company currently commands a market capitalization of approximately $18.3 billion.

One factor worth noting: insider selling activity has been substantial. Company founders John Bicket and Sanjit Biswas each divested 263,900 shares on January 6 at $34.40 apiece — transactions valued at roughly $9 million each. Throughout the previous 90 days, insiders collectively sold approximately 2.9 million shares worth $92 million in aggregate. Company insiders maintain ownership of about 46.5% of outstanding shares.

Institutional investors control 96% of the stock, with numerous funds increasing their positions during recent quarters.

The stock’s 50-day moving average currently rests at $30.39, and Friday’s closing price of $34.10 positions shares above this technical indicator.