Samsara Inc. (IOT) reported a robust fourth quarter, with earnings 38% above EPS expectations and revenue of $444 million, surpassing the $422 million consensus. The company’s annual recurring revenue (ARR) hit $1.89 billion, marking a 30% year-over-year increase and adding $432 million in net new ARR for the quarter. This follows three consecutive quarters of accelerating growth in net new ARR.
Looking ahead, Samsara projects Q1 revenue of $454–456 million, indicating a 24% year-over-year growth, while FY 2027 revenue guidance is set at $1.97 billion, exceeding expectations. Analysts have raised EPS estimates for this year from $0.57 to $0.68 and for next year from $0.71 to $0.84, an 18% increase. The company’s stock, currently valued at $19 billion, has a forward PE of 47 and is backed by multiple analysts with price targets ranging from $39 to $46.
