Analyst Consensus ?
ConsensusBuy20 ratings
Bullish1575.0%
Neutral525.0%
Bearish00.0%
Samsara Inc. · IOT · FY2026 Q4 · Calendar Q1 2026
Samsara: ARR Growth Broadens as AI and Asset Tags Scale
The supplied analysis supports a constructive but conditional view of the growth thesis: resilient large-customer demand, multiproduct adoption and expanding AI and Asset Tag products are broadening the growth engine, while emerging-product monetization, hardware-cost pressure and execution remain the key tests.
Reported After market closeNYSETechnology
$23.11B market cap
100quality score
Earnings scorecard
Reported versus consensus
Reported EPS
$0.18
Consensus $0.13
EPS surprise
+40.1%
Reported versus consensus
Reported revenue
$444.3M
Consensus $422.3M
Revenue surprise
+5.2%
Reported versus consensus
Market reaction
event-close to next-session close
Stock move
+19.5%
Event window
SPY move
-1.3%
Same window
Abnormal move
+20.9%
Stock minus SPY
Volume
3.8×
Versus trailing sessions
Subsequent drift
-11.1%
Up to 20 sessions
IOTSPY benchmark
Ask FN2 about IOT FY2026 Q4
Transcript, numbers and history already loaded
Why did IOT rise 19.5% after beating EPS estimates in FY2026 Q4?What changed in IOT's guidance and outlook in FY2026 Q4?Give me the bull and bear case for IOT after FY2026 Q4 earnings.
Free account. Your question opens in FN2 with this report's transcript and numbers attached.
Transcript intelligence
What changed
Compared with the prior-quarter analysis, ARR increased from $1.75 billion with 29% year-over-year growth to $1.9 billion with 30% growth. Emerging products rose from 20% to about 23% of net new ACV, while the roadmap added AI Safety Coach, Asset Tag XS and Hubble network integration.
Guidance delta
Management maintained its guidance stance; the supplied analysis describes FY2027 expectations of 21–22% revenue growth, a 19% operating margin and continued GAAP profitability.
Key takeaways
- ARR reached $1.9 billion, up 30% year over year, with $432 million of net new ARR.
- Emerging products contributed about 23% of net new ACV, led by Asset Tags, AI Multicam and AI agents.
- Large-customer momentum and multiproduct adoption remained strong, including 13 $1 million-plus net new ACV deals.
- Management is expanding AI agents, the Asset Tag lineup and Hubble integration while investing in Europe.
Management priorities
- Roll out AI Safety Coach and additional AI agents for maintenance, compliance and dispatch.
- Launch Asset Tag XS and the next-generation Asset Tag, and expand Hubble network integration.
- Continue European expansion and targeted hiring in sales and product-specialist roles.
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Analyst 52W Price Targets
$40.04Previous close
$27Low
$48.82Average
$63High
Latest persisted target per named analyst; persisted previous close from FN2's market snapshot as of Oct 2, 2026. Not an FN2 forecast.
Firm-level rating actions
FMP grade actions identify the grading firm, not a named analyst.
| Firm | Rating | Prior rating | Action | Date |
|---|---|---|---|---|
| Wells Fargo | Overweight | Overweight | Maintain | Sep 4, 2026 |
| Truist Securities | Hold | Hold | Maintain | Sep 4, 2026 |
| TD Cowen | Buy | Buy | Maintain | Sep 4, 2026 |
| RBC Capital | Outperform | Outperform | Maintain | Sep 4, 2026 |
| Piper Sandler | Neutral | Neutral | Maintain | Sep 4, 2026 |
| Morgan Stanley | Equal Weight | Equal Weight | Maintain | Sep 4, 2026 |
| Keybanc | Overweight | Overweight | Maintain | Sep 4, 2026 |
| JP Morgan | Neutral | Neutral | Maintain | Sep 4, 2026 |
| Guggenheim | Buy | Buy | Maintain | Sep 4, 2026 |
| BTIG | Buy | Buy | Maintain | Sep 4, 2026 |
| BNP Paribas | Outperform | Outperform | Maintain | Sep 4, 2026 |
| BMO Capital | Outperform | Outperform | Maintain | Sep 4, 2026 |
| B of A Securities | Buy | Buy | Maintain | Sep 4, 2026 |
| Craig-Hallum | Buy | Hold | Upgrade | Sep 5, 2025 |
| Loop Capital | Buy | Buy | Maintain | Dec 5, 2024 |
| Evercore ISI Group | In Line | In Line | Maintain | Sep 6, 2024 |
| Wolfe Research | Outperform | Outperform | Maintain | Jun 28, 2024 |
| Goldman Sachs | Buy | Buy | Maintain | Mar 11, 2024 |
| MoffettNathanson | Outperform | Outperform | Maintain | Jun 23, 2023 |
| Cowen & Co. | Outperform | Outperform | Maintain | Jan 10, 2022 |
Named analyst price targets
Upside is calculated against the persisted previous close $40.04. FMP does not supply a rating on these named-analyst rows.
| Firm | Analyst | 52W target | Price when posted | Upside | Date |
|---|---|---|---|---|---|
| Cantor Fitzgerald | Analyst unavailable | $45 | $42.91 | +12.4% | Sep 14, 2026 |
| Craig-Hallum | Anthony Stoss | $54 | $41.48 | +34.9% | Sep 4, 2026 |
| RBC Capital | Analyst unavailable | $55 | $40.48 | +37.4% | Sep 4, 2026 |
| BMO Capital | Daniel Jester | $54 | $38.75 | +34.9% | Sep 4, 2026 |
| BTIG | Analyst unavailable | $54 | $38.75 | +34.9% | Sep 4, 2026 |
| Piper Sandler | Analyst unavailable | $46 | $38.75 | +14.9% | Sep 4, 2026 |
| Morgan Stanley | Analyst unavailable | $49 | $38.75 | +22.4% | Sep 4, 2026 |
| Guggenheim | Tamjid Chowdhury | $51 | $38.75 | +27.4% | Sep 4, 2026 |
| Evercore ISI | Kirk Materne | $55 | $38.75 | +37.4% | Sep 4, 2026 |
| Wells Fargo | Michael Turrin | $58 | $38.75 | +44.9% | Sep 4, 2026 |
| Truist Financial | Junaid Siddiqui | $48 | $38.75 | +19.9% | Sep 4, 2026 |
| KeyBanc | Jason Celino | $46 | $39.94 | +14.9% | Aug 24, 2026 |
| Truist Financial | Analyst unavailable | $38 | $39.58 | -5.1% | Aug 19, 2026 |
| RBC Capital | Analyst unavailable | $50 | $41.14 | +24.9% | Aug 14, 2026 |
| Guggenheim | Analyst unavailable | $45 | $33.33 | +12.4% | Jul 22, 2026 |
| Morgan Stanley | Analyst unavailable | $43 | $37.72 | +7.4% | Jul 21, 2026 |
| RBC Capital | Matthew Hedberg | $42 | $35.21 | +4.9% | Jun 5, 2026 |
| UBS | Anthony Stoss | $48 | $34.54 | +19.9% | Mar 6, 2026 |
| Goldman Sachs | Analyst unavailable | $45 | $28.95 | +12.4% | Mar 2, 2026 |
| Truist Financial | Analyst unavailable | $30 | $25.85 | -25.1% | Feb 17, 2026 |
| RBC Capital | Analyst unavailable | $35 | $27.9 | -12.6% | Feb 11, 2026 |
| Goldman Sachs | Matthew Martino | $36 | $27.9 | -10.1% | Feb 11, 2026 |
| Piper Sandler | Analyst unavailable | $37 | $24.25 | -7.6% | Feb 6, 2026 |
| BNP Paribas | Analyst unavailable | $40 | $33.85 | -0.1% | Jan 15, 2026 |
| RBC Capital | Analyst unavailable | $46 | $33.92 | +14.9% | Jan 5, 2026 |
| BTIG | Analyst unavailable | $55 | $38.98 | +37.4% | Dec 16, 2025 |
| Jefferies | Analyst unavailable | $57 | $44.22 | +42.4% | Dec 10, 2025 |
| KeyBanc | Analyst unavailable | $55 | $43.76 | +37.4% | Dec 9, 2025 |
| BMO Capital | Daniel Jester | $50 | $40.71 | +24.9% | Dec 5, 2025 |
| Piper Sandler | James Fish | $49 | $40.71 | +22.4% | Dec 5, 2025 |
| Wells Fargo | Analyst unavailable | $52 | $40.71 | +29.9% | Dec 5, 2025 |
| Piper Sandler | James Fish | $48 | $38.05 | +19.9% | Nov 14, 2025 |
| Evercore ISI | Kirk Materne | $50 | $37.25 | +24.9% | Oct 1, 2025 |
| BMO Capital | Daniel Jester | $47 | $42.09 | +17.4% | Sep 5, 2025 |
| Craig-Hallum | Analyst unavailable | $48 | $42.09 | +19.9% | Sep 5, 2025 |
| Evercore ISI | Kirk Materne | $45 | $38.65 | +12.4% | Jun 25, 2025 |
| Piper Sandler | James Fish | $53 | $38.65 | +32.4% | Jun 25, 2025 |
| Morgan Stanley | Keith Weiss | $50 | $38.85 | +24.9% | Apr 16, 2025 |
| BMO Capital | Daniel Jester | $48 | $35.36 | +19.9% | Mar 10, 2025 |
| Piper Sandler | Analyst unavailable | $50 | $35.36 | +24.9% | Mar 9, 2025 |
| Truist Financial | Analyst unavailable | $42 | $35.36 | +4.9% | Mar 7, 2025 |
| RBC Capital | Analyst unavailable | $54 | $35.36 | +34.9% | Mar 7, 2025 |
| Wells Fargo | Analyst unavailable | $51 | $35.36 | +27.4% | Mar 7, 2025 |
| Berenberg Bank | Nay Soe Naing | $57 | $51.41 | +42.4% | Feb 3, 2025 |
| Loop Capital Markets | Mark Schappel | $63 | $55.44 | +57.3% | Dec 5, 2024 |
| Truist Financial | Junaid Siddiqui | $50 | $49.61 | +24.9% | Nov 18, 2024 |
| RBC Capital | Matthew Hedberg | $49 | $44.34 | +22.4% | Sep 6, 2024 |
| BMO Capital | Daniel Jester | $44 | $38.75 | +9.9% | Sep 6, 2024 |
| Piper Sandler | James Fish | $40 | $38.75 | -0.1% | Sep 6, 2024 |
| Piper Sandler | James Fish | $36 | $33.7 | -10.1% | Jun 28, 2024 |
| BMO Capital | Daniel Jester | $40 | $34.86 | -0.1% | Jun 7, 2024 |
| RBC Capital | Matthew Hedberg | $47 | $34.86 | +17.4% | Jun 7, 2024 |
| Truist Financial | Junaid Siddiqui | $35 | $34.86 | -12.6% | Jun 7, 2024 |
| Evercore ISI | Kirk Materne | $40 | $34.86 | -0.1% | Jun 7, 2024 |
| Piper Sandler | James Fish | $41 | $40.15 | +2.4% | May 23, 2024 |
| Loop Capital Markets | Mark Schappel | $42 | $30.97 | +4.9% | Apr 17, 2024 |
| RBC Capital | Analyst unavailable | $15 | $12.3 | -62.5% | Dec 2, 2022 |
| RBC Capital | Analyst unavailable | $14 | $9.95 | -65.0% | Nov 28, 2022 |
| Morgan Stanley | Analyst unavailable | $17 | $9.38 | -57.5% | Nov 22, 2022 |
| Goldman Sachs | Kash Rangan | $27 | $9.98 | -32.6% | Jun 16, 2022 |
| RBC Capital | Matthew Hedberg | $18 | $11.55 | -55.0% | Jun 6, 2022 |
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Start freeCompany context
Snapshot as of publicationSamsara Inc. specializes in providing solutions that digitize and connect physical operations data to its centralized Connected Operations Cloud, accessible to clients across the United States and internationally. At the core of this cloud-based platform is a robust Data Platform. This platform systematically collects, aggregates, and enriches information streamed from Samsara's proprietary IoT devices, featuring integrated capabilities including artificial intelligence, workflow automation, advanced analytics, instant alerts, API connectivity, and comprehensive data security and privacy…
Historical context
All IOT earningsTechnology peers this season
Latest reports in the same sector| Company | Quarter | EPS surprise | Market move | Headline |
|---|---|---|---|---|
| ACN Accenture plc | FY2026 Q4 · Calendar Q4 2026 | +3.5% | +15.8% | Accenture: AI demand supports strong Q4, while pricing and geopolitics remain risks |
| JBL Jabil Inc. | FY2026 Q4 · Calendar Q3 2026 | +8.1% | -10.0% | Jabil enters FY2027 with AI-led growth and capacity risks |
| MU Micron Technology, Inc. | FY2026 Q4 · Calendar Q3 2026 | +5.4% | +0.0% | Micron: Strong AI Memory Demand, Higher Capex, and HBM4E Ahead |
| SNX TD Synnex Corp | FY2026 Q3 · Calendar Q3 2026 | +20.9% | -9.9% | TD SYNNEX: AI-led growth accelerates, but mix and cash flow matter |
| ADBE Adobe Inc. | FY2026 Q3 · Calendar Q3 2026 | +0.8% | +1.4% | Adobe raises FY26 outlook as AI strategy broadens |
| ORCL Oracle Corporation | FY2027 Q1 · Calendar Q3 2026 | +10.3% | -1.7% | Oracle raises FY27 outlook as AI demand accelerates cloud growth |
Latest beats and misses
Who reports nextBeat on EPS
- ACNFY2026 Q4 · October 1, 2026+3.5% EPS+15.8% move
- MKCFY2026 Q3 · October 1, 2026+13.9% EPS-4.9% move
- NKEFY2027 Q1 · October 1, 2026+10.0% EPS-0.7% move
- CAGFY2027 Q1 · September 30, 2026+44.4% EPS-4.9% move
- FDSFY2026 Q4 · September 30, 2026+3.9% EPS+3.8% move
- JBLFY2026 Q4 · September 30, 2026+8.1% EPS-10.0% move
Get the IOT recap when the next report posts
One email per quarter with the scorecard, the market reaction and what changed on the call. No account needed.
Sources
- Earnings call transcript and parsed analysis · 2026-05-11T10:29:34.698584+00:00
- FN2 earnings calendar · 2026-07-26T00:36:15.940040+00:00
- Polygon adjusted daily market bars · 2026-10-02T09:26:08.767016+00:00
- Financial Modeling Prep analyst price-target consensus and quote snapshot · 2026-10-02T09:26:08.765195+00:00
Methodology
Reported and consensus figures come from FN2's earnings event records. Market reaction and volume are calculated from daily adjusted bars around the event; abnormal move subtracts the SPY move over the same window.
Analyst target low, average, and high values are derived at request time from each named analyst's latest persisted FMP target. The current-price marker comes from FN2's persisted market snapshot. They are sell-side estimates, not an FN2 valuation or recommendation.
Transcript intelligence is a structured synthesis of the current and prior earnings-call analyses. Missing values stay missing and are never estimated.
By FN2 Research · Updated · As of 2026-10-02. For educational purposes only; not investment advice.