These Analysts Revise Their Forecasts On Samsara Following Upbeat Q4 Earnings

Samsara Inc (NYSE: IOT) reported fourth-quarter revenue of $444.30 million, exceeding estimates of $422.26 million, and adjusted earnings per share of 18 cents, surpassing expectations of 13 cents. The company anticipates first-quarter revenue between $454 million and $456 million, above the estimated $443.99 million, 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 several analysts to revise their price targets, with BTIG lowering theirs from $55 to $45 and Wells Fargo raising theirs from $43 to $46.