Samsara (NYSE:IOT) Updates FY 2025 Earnings Guidance

Samsara (NYSE:IOT) issued an update on its FY 2025 earnings guidance on Thursday morning. The company provided earnings per share (EPS) guidance of 0.160-0.180 for the period, compared to the consensus estimate of 0.130. 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 $0.16-0.18 EPS.

Wall Street Analysts Forecast Growth

A number of equities analysts have recently issued reports on the stock. Loop Capital reissued a buy rating and set a $42.00 price objective on shares of Samsara in a research report on Friday, June 28th. BMO Capital Markets reissued a market perform rating and issued a $40.00 price objective on shares of Samsara in a research note on Tuesday, June 11th. StockNews.com cut Samsara from a hold rating to a sell rating in a report on Wednesday, August 21st. Piper Sandler restated a neutral rating and set a $36.00 price target on shares of Samsara in a research note on Friday, June 28th. Finally, Bank of America raised their price objective on shares of Samsara from $42.00 to $45.00 and gave the company a buy rating in a research note on Friday, August 30th. One equities research analyst has rated the stock with a sell rating, five have assigned a hold rating and seven have given a buy rating to the company. According to MarketBeat.com, the company currently has a consensus rating of Hold and a consensus target price of $37.83.

Samsara Stock Performance

Shares of Samsara stock traded up $0.09 during mid-day trading on Thursday, hitting $38.75. 4,305,837 shares of the stock were exchanged, compared to its average volume of 3,626,748. The company has a market capitalization of $21.34 billion, a P/E ratio of -77.50 and a beta of 1.49. The company has a 50-day simple moving average of $37.79 and a 200 day simple moving average of $35.94. Samsara has a 12 month low of $21.48 and a 12 month high of $42.49.

Samsara (NYSE:IOT) last announced its quarterly earnings data on Thursday, June 6th. The company reported ($0.10) earnings per share (EPS) for the quarter, beating analysts’ consensus estimates of ($0.12) by $0.02. The firm had revenue of $280.73 million during the quarter, compared to the consensus estimate of $272.51 million. Samsara had a negative return on equity of 21.66% and a negative net margin of 27.14%. Analysts predict that Samsara will post -0.39 EPS for the current year.

Insider Buying and Selling

In other Samsara news, Director Marc L. Andreessen sold 277,484 shares of the stock in a transaction on Thursday, June 13th. The stock was sold at an average price of $28.88, for a total transaction of $8,013,737.92. The sale was disclosed in a document filed with the Securities & Exchange Commission, which can be accessed through the SEC website. In related news, insider John Bicket sold 93,212 shares of the stock in a transaction dated Tuesday, September 3rd. The stock was sold at an average price of $39.92, for a total transaction of $3,721,023.04. Following the sale, the insider now owns 76,800 shares of the company’s stock, valued at approximately $3,065,856. The sale was disclosed in a legal filing with the Securities & Exchange Commission, which is accessible through the SEC website. Also, Director Marc L. Andreessen sold 277,484 shares of Samsara stock in a transaction dated Thursday, June 13th. The shares were sold at an average price of $28.88, for a total value of $8,013,737.92. The disclosure for this sale can be found here. Over the last 90 days, insiders sold 1,801,854 shares of company stock worth $64,479,185. Insiders own 60.04% of the company’s stock.

Samsara Company Profile

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.