Mar. 6 at 10:06 PM
$IOT "Samsara Inc. (IOT) is trading higher today, March 6, 2026, primarily due to a "double beat" in its fourth-quarter earnings report and bullish future guidance. Samsara reported a non-GAAP EPS of
$0.18, significantly exceeding the
$0.13 analyst estimate. Quarterly revenue reached
$444.3 million (up ~28% year-over-year), surpassing the
$422.3 million expected by Wall Street. Management issued fiscal year 2027 guidance well ahead of consensus, projecting revenue between
$1.965B and
$1.975B and adjusted EPS of
$0.65–
$0.69. Several firms, including RBC Capital Markets, Wells Fargo, and BMO Capital Markets, raised their price targets or ratings following the report. Investors are reacting positively to the adoption of new AI-driven products like the AI Safety Coach and Asset Tag XS, which are helping to digitize and automate physical operations." PT
$44.62
