Samsara Inc. (IOT) closed at $27.90 in the latest trading session, marking a +2.46% move from the prior day. The stock outperformed the S&P 500, which registered a daily loss of 0.33%. Meanwhile, the Dow gained 0.1%, and the Nasdaq, a tech-heavy index, lost 0.59%.
Prior to today's trading, shares of the company had lost 18.62% lagged the Computer and Technology sector's loss of 1.09% and the S&P 500's loss of 0%.
The investment community will be paying close attention to the earnings performance of Samsara Inc. in its upcoming release. The company is slated to reveal its earnings on March 5, 2026. In that report, analysts expect Samsara Inc. to post earnings of $0.13 per share. This would mark year-over-year growth of 18.18%. Our most recent consensus estimate is calling for quarterly revenue of $422.09 million, up 21.89% from the year-ago period.
IOT's full-year Zacks Consensus Estimates are calling for earnings of $0.51 per share and revenue of $1.6 billion. These results would represent year-over-year changes of +96.15% and +27.83%, respectively.
It is also important to note the recent changes to analyst estimates for Samsara Inc. These revisions help to show the ever-changing nature of near-term business trends. As a result, we can interpret positive estimate revisions as a good sign for the business outlook.
Our research suggests that these changes in estimates have a direct relationship with upcoming stock price performance. To capitalize on this, we've crafted the Zacks Rank, a unique model that incorporates these estimate changes and offers a practical rating system.
Ranging from #1 (Strong Buy) to #5 (Strong Sell), the Zacks Rank system has a proven, outside-audited track record of outperformance, with #1 stocks returning an average of +25% annually since 1988. Over the last 30 days, the Zacks Consensus EPS estimate has remained unchanged. Currently, Samsara Inc. is carrying a Zacks Rank of #3 (Hold).
In the context of valuation, Samsara Inc. is at present trading with a Forward P/E ratio of 47.42. This represents a premium compared to its industry average Forward P/E of 20.13.
Meanwhile, IOT's PEG ratio is currently 1.07. Comparable to the widely accepted P/E ratio, the PEG ratio also accounts for the company's projected earnings growth. The Internet - Software industry currently had an average PEG ratio of 1.1 as of yesterday's close.
The Internet - Software industry is part of the Computer and Technology sector. This industry, currently bearing a Zacks Industry Rank of 87, finds itself in the top 36% echelons of all 250+ industries.
The Zacks Industry Rank gauges the strength of our industry groups by measuring the average Zacks Rank of the individual stocks within the groups. Our research shows that the top 50% rated industries outperform the bottom half by a factor of 2 to 1.
Don't forget to use Zacks.com to keep track of all these stock-moving metrics, and others, in the upcoming trading sessions.
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Samsara Inc. (IOT): Free Stock Analysis ReportThis article originally published on Zacks Investment Research (zacks.com).
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