Samsara (NYSE:IOT) Releases 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 (EPS) guidance of 0.130-0.150 for the period, compared to the consensus 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 Stock Performance

NYSE:IOT opened at $30.55 on Friday. Samsara has a one year low of $21.48 and a one year high of $42.28. The business’s 50-day simple moving average is $35.84 and its 200 day simple moving average is $34.31. The stock has a market cap of $16.82 billion, a price-to-earnings ratio of -61.10 and a beta of 1.51.

Samsara (NYSE:IOTGet Free Report) last announced its quarterly earnings data 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 firm had revenue of $276.27 million for the quarter, compared to analysts’ expectations of $258.56 million. On average, equities research analysts predict that Samsara will post -0.4 EPS for the current year.

Analysts Set New Price Targets

Several analysts have issued reports on IOT shares. StockNews.com upgraded Samsara from a sell rating to a hold rating in a research note on Saturday, May 25th. Evercore ISI cut their price objective 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 began coverage on Samsara in a research note on Thursday, April 18th. They set a buy rating and a $42.00 price objective on the stock. Royal Bank of Canada reaffirmed an outperform rating and set a $47.00 target price on shares of Samsara in a report on Friday. Finally, Piper Sandler reaffirmed a neutral rating and set a $36.00 target price (down from $41.00) on shares of Samsara in a report on Friday. Six equities research analysts have rated the stock with a hold rating and five have given a buy rating to the stock. According to MarketBeat, the company presently has an average rating of Hold and an average price target of $34.91.

Check Out Our Latest Report on Samsara

Insider Buying and Selling

In related news, CAO James Andrew Munk sold 9,714 shares of the stock in a transaction that occurred on Friday, March 15th. The stock was sold at an average price of $35.46, for a total value of $344,458.44. Following the completion of the transaction, the chief accounting officer now directly owns 307,185 shares of the company’s stock, valued at approximately $10,892,780.10. The sale was disclosed in a filing with the Securities & Exchange Commission, which is accessible through this link. In other Samsara news, CEO Sanjit Biswas sold 96,000 shares of the stock in a transaction on Tuesday, June 4th. The stock was sold at an average price of $33.44, for a total transaction of $3,210,240.00. Following the completion of the transaction, the chief executive officer now directly owns 134,400 shares of the company’s stock, valued at approximately $4,494,336. The sale was disclosed in a filing with the SEC, which is accessible through the SEC website. Also, CAO James Andrew Munk sold 9,714 shares of the stock in a transaction on Friday, March 15th. The shares were sold at an average price of $35.46, for a total value of $344,458.44. Following the transaction, the chief accounting officer now directly owns 307,185 shares of the company’s stock, valued at $10,892,780.10. The disclosure for this sale can be found here. Insiders sold 1,772,783 shares of company stock valued at $64,729,455 in the last three months. 60.04% of the stock is currently owned by corporate insiders.

Samsara Company Profile

(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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