The Internet of Things (IoT) describes a network of electronic devices outfitted with sensors to gather and share data through the internet. It enables devices (things) to share data in real time without direct human intervention. The concept has been around since the 1990s, but it didn’t gain significant traction until broadband technology, low-power sensors, and smartphones came into existence. Thanks to 5G cellular networks, IoT has become a mainstream reality. IoT devices can range from smart home produ ...

Samsara Inc. (IOT) closed the most recent trading day at $52.52, moving -0.38% from the previous trading session. The stock fell short of the S&P 500, which registered a gain of 0.1% for the day. Meanwhile, the Dow gained 0.69%, and the Nasdaq, a tech-heavy index, added 0.06%.Prior to today's trading, shares of the company had gained 4.4% over the past month. This has lagged the Computer and Technology sector's gain of 4.92% and outpaced the S&P 500's gain of 4.37% in that time.Analysts and investors alike ...

Samsara Inc. (IOT) closed the most recent trading day at $47.59, moving -0.21% from the previous trading session. The stock's performance was behind the S&P 500's daily gain of 0.27%. Elsewhere, the Dow gained 0.65%, while the tech-heavy Nasdaq added 0.26%. Coming into today, shares of the company had gained 0.36% in the past month. In that same time, the Computer and Technology sector gained 2.21%, while the S&P 500 gained 2%. Market participants will be closely following the financial results of Samsara I ...

Samsara (IOT) inked a new partnership with Esri on Monday, a well-known provider of geographic information system (GIS) technology. This collaboration seeks to improve fleet management and offer real-time reporting capabilities for government agencies. This partnership enables customers to utilize telematics data from Samsara — such as location, utilization and maintenance — within Esri's ArcGIS Velocity, a software-as-a-service IoT application designed for processing, visualizing and analyzing real-time da ...

Jetta Productions Inc/DigitalVision via Getty Images Introduction Samsara (NYSE:IOT) recently reported their results for Q2 FY2025. These results beat on both the top and the bottom line and have sent shares skyrocketing in the trading sessions since the release. I recently initiated coverage on this stock when it was trading at $38.37 and rated it a STRONG BUY, which has proven to be an excellent call. Shares rocketed up 13.6% this past Friday, its largest single-day increase YTD. I believe investor enthus ...

Core Insights - Samsara reported non-GAAP earnings of 5 cents per share for Q2 fiscal 2025, exceeding the Zacks Consensus Estimate of 4 cents, and up from 1 cent per share in the same quarter last year [1] - Revenues reached $300 million, reflecting a 37% year-over-year increase, and surpassed the Zacks Consensus Estimate by 3.75% [1] - The company's shares have increased by 16.1% year-to-date, outperforming the Zacks Computer and Technology sector's growth of 15.5% [1] Financial Performance - Annual Recurring Revenues (ARR) stood at $1.26 billion, a 36% increase year-over-year, with 169 new customers contributing over $100,000 in ARR and a record 14 customers exceeding $1 million in ARR [3] - The number of customers with ARR over $100,000 reached 2,133, marking a 41% year-over-year growth, with the average ARR per customer increasing from $306,000 to $318,000 [4] - Non-GAAP gross profit rose 41% year-over-year to $230.8 million, with gross margin expanding by 220 basis points to 77% [7] - Operating income was reported at $17.6 million, a significant improvement from an operating loss of $5.9 million in the previous year [8] Product and Market Expansion - Key products such as Video-Based Safety and Vehicle Telematics each generated over $500 million in ARR, while Equipment Monitoring and other emerging products accounted for over $150 million in ARR, all growing more than 30% year-over-year [5] - International market expansion contributed to 16% of new Annual Contract Value (ACV), particularly strong in Europe [6] Guidance and Future Outlook - For Q3 fiscal 2025, Samsara anticipates revenues between $309 million and $311 million, indicating a year-over-year growth of 30-31% [11] - The company expects non-GAAP earnings for Q3 to be between 3 and 4 cents per share, and for fiscal 2025, revenues are projected between $1.224 billion and $1.228 billion, representing 33-34% year-over-year growth [11][12]

Samsara just gave robotics investors a lot to be excited about. Samsara (IOT 15.04%) stock is making big gains Friday. The robotics specialist's share price was up 13.8% as of 11 a.m. ET, according to data from S&P Global Market Intelligence. After the market closed yesterday, Samsara published results for the second quarter of its 2025 fiscal year (which ended Aug. 3). The company posted better-than-expected sales and earnings in the period, and it also issued encouraging forward guidance. Samsara sails pa ...

Samsara Inc (NYSE:IOT), one of Schaeffer's Top Stock Picks of 2024, is on the move today. The shares are up 15.2% to trade at $44.65, after the Internet-of-Things (IoT) name reported a second-quarter earnings and revenue beat. Additionally, the company issued an impressive full-year forecast. At least eight analysts lifted their price targets in response, the highest coming from RBC to $49 from $47. IOT earlier roared to a record high of $45.19. The shares are up more than 30% so far in 2024, bouncing off s ...

Samsara Inc. IOT reported better-than-expected second-quarter financial results and raised its FY25 guidance on Thursday. Samsara Inchas a consensus price target of $29.41based on the ratings of 17 analysts. The Ingl ns $49 issued by RBC Capital on September 6, 2024. The low is $30 issued pri Samsara reported quarterly earnings of 5 cents per share which beat the analyst consensus estimate of 1 cent per share. The company reported quarterly sales of $300.20 million which beat the analyst consensus estimate ...

Samsara Inc. (IOT) came out with quarterly earnings of $0.05 per share, beating the Zacks Consensus Estimate of $0.01 per share. This compares to earnings of $0.01 per share a year ago. These figures are adjusted for nonrecurring items. This quarterly report represents an earnings surprise of 400%. A quarter ago, it was expected that this company would post earnings of $0.01 per share when it actually produced earnings of $0.03, delivering a surprise of 200%. Over the last four quarters, the company has sur ...