Key Details
Price
$45.27Annual Revenue
$937.38 MAnnual EPS
-$0.54Annual ROE
-30.94%Beta
1.71Events Calendar
Next earnings date:
Mar 07, 2025Recent quarterly earnings:
Dec 05, 2024Recent annual earnings:
Mar 07, 2024Next ex-dividend date:
N/ARecent ex-dividend date:
N/ANext split:
N/ARecent split:
N/AAnalyst ratings
Recent major analysts updates
Market Data
Dividend
Profitability
Efficiency
Valuation
Liquidity
Cash Flow
Institutional Ownership
IOT is experiencing significant growth due to an increase in customers, important partnerships, and solutions powered by AI, which are helping it expand in major industries.
Samsara's impressive results for the third quarter of 2024 reveal a 36% year-over-year revenue growth and a 35% rise in Annual Recurring Revenue (ARR), demonstrating strong performance in its subscription business. The company's high Net Revenue Retention rates and growing customer base emphasize the effectiveness and appeal of its IoT solutions. However, there are concerns about its valuation; although some optimistic predictions estimate a share price of $52, sustaining a 35% growth rate is difficult, which makes the stock seem a bit pricey.
Samsara Inc. is a top provider of IoT software, particularly in industries that rely heavily on assets, such as transportation and logistics, thanks to its cloud-based platform for connected operations. Although the stock recently dropped by 20% due to disappointing guidance for the fourth quarter, the company's solid fundamentals and over 30% revenue growth make it a promising investment. Additionally, Samsara has strong profitability, with a free cash flow margin of over 10% and a growing number of enterprise customers, which leads to better retention and increased spending.
Samsara Inc. (IOT) is now considered an oversold stock, meaning that the intense selling pressure has likely ended. Additionally, many Wall Street analysts are raising their earnings estimates, suggesting that the stock may soon change direction.
Samsara Inc. (IOT) has received a Zacks Rank #2 (Buy), indicating increased confidence in the company's potential earnings. This could lead to a rise in the stock price soon.
This is a comparison of how Samsara Inc. (IOT) and Blend Labs (BLND) have done in relation to their industry this year.
LONDON & PARIS--(BUSINESS WIRE)--Fraikin and Samsara have expanded their successful partnership throughout Europe.
Samsara Inc (NYSE:IOT) shares have dropped by 3.7% to $53.10, following the company's third-quarter earnings and revenue that exceeded expectations. However, this positive news was overshadowed by disappointing guidance for the fourth quarter.
Samsara Inc. (NYSE:IOT) will hold its Q3 2025 Earnings Conference Call on December 5, 2024, at 5:00 PM ET. The call will feature company representatives, including Mike Chang, the Vice President of Corporate Development and Investor Relations, along with other key executives. Various analysts from different financial institutions will also participate in the call.
Samsara Inc. (IOT) reported quarterly earnings of $0.07 per share, which is higher than the Zacks Consensus Estimate of $0.04 per share. This is an increase compared to earnings of $0.04 per share from the same period last year.
FAQ
- What is the primary business of Samsara?
- What is the ticker symbol for Samsara?
- Does Samsara pay dividends?
- What sector is Samsara in?
- What industry is Samsara in?
- What country is Samsara based in?
- When did Samsara go public?
- Is Samsara in the S&P 500?
- Is Samsara in the NASDAQ 100?
- Is Samsara in the Dow Jones?
- When was Samsara's last earnings report?
- When does Samsara report earnings?
- Should I buy Samsara stock now?