These Analysts Revise Their Forecasts On Samsara Following Upbeat Q4 Earnings

Samsara Inc (NYSE: IOT) reported Q4 earnings with revenue of $444.30 million, exceeding estimates of $422.26 million, and adjusted earnings per share of 18 cents, surpassing the expected 13 cents. The company expects Q1 revenue between $454 million and $456 million, also above estimates, and has provided fiscal 2027 revenue guidance of approximately $1.97 billion to $1.98 billion. Following the earnings announcement, Samsara's shares rose 19.5% to close at $35.36, prompting analysts to revise their price targets, with notable changes including BTIG lowering its target from $55 to $45 and Wells Fargo raising its target from $43 to $46.