Latest news with #IOT
Yahoo
2 days ago
- Business
- Yahoo
Why Samsara Inc. (IOT) Crashed On Friday
We recently published a list of . In this article, we are going to take a look at where Samsara Inc. (NYSE:IOT) stands against other Friday's worst-performing stocks. Samsara ended a two-day rally on Friday, shedding 4.55 percent to close at $45.10 apiece as investors repositioned portfolios following the disposition of a significant stake in the company by none other than its chief executive officer and another shareholder. In a regulatory filing, Samsara Inc. (NYSE:IOT) announced that its CEO, Biswas Sanjit, sold worth $160,000 of shares in the company on June 3 and 4. A data analyst wearing virtual reality goggles while analyzing on-board telematics. Meanwhile, John Bicket, who owns 10 percent of Samsara Inc. (NYSE:IOT), also disposed of shares worth $170,000 in a series of transactions on June 3 and 4. In the first quarter of fiscal year 2026, Samsara Inc. (NYSE:IOT) narrowed its net losses by 60.7 percent to $22 million from $56 million in the same period last year. Revenues rose by 30.69 percent to $366.88 million from $280.7 million year-on-year. Samsara Inc. (NYSE:IOT) expects to incur higher revenues for the second quarter and full fiscal year of 2026. Revenues were pegged at $371 million to $373 million, while full-year revenues were expected to hit $1.547 billion to $1.555 billion. Overall, IOT ranks 7th on our list of Friday's worst-performing stocks. While we acknowledge the potential of IOT as an investment, our conviction lies in the belief that some AI stocks hold greater promise for delivering higher returns and have limited downside risk. If you are looking for an extremely cheap AI stock that is also a major beneficiary of Trump tariffs and onshoring, see our free report on the best short-term AI stock. READ NEXT: 20 Best AI Stocks To Buy Now and 30 Best Stocks to Buy Now According to Billionaires. Disclosure: None. This article is originally published at Insider Monkey. Sign in to access your portfolio
Yahoo
2 days ago
- Business
- Yahoo
Why Samsara Inc. (IOT) Crashed On Friday
We recently published a list of . In this article, we are going to take a look at where Samsara Inc. (NYSE:IOT) stands against other Friday's worst-performing stocks. Samsara ended a two-day rally on Friday, shedding 4.55 percent to close at $45.10 apiece as investors repositioned portfolios following the disposition of a significant stake in the company by none other than its chief executive officer and another shareholder. In a regulatory filing, Samsara Inc. (NYSE:IOT) announced that its CEO, Biswas Sanjit, sold worth $160,000 of shares in the company on June 3 and 4. A data analyst wearing virtual reality goggles while analyzing on-board telematics. Meanwhile, John Bicket, who owns 10 percent of Samsara Inc. (NYSE:IOT), also disposed of shares worth $170,000 in a series of transactions on June 3 and 4. In the first quarter of fiscal year 2026, Samsara Inc. (NYSE:IOT) narrowed its net losses by 60.7 percent to $22 million from $56 million in the same period last year. Revenues rose by 30.69 percent to $366.88 million from $280.7 million year-on-year. Samsara Inc. (NYSE:IOT) expects to incur higher revenues for the second quarter and full fiscal year of 2026. Revenues were pegged at $371 million to $373 million, while full-year revenues were expected to hit $1.547 billion to $1.555 billion. Overall, IOT ranks 7th on our list of Friday's worst-performing stocks. While we acknowledge the potential of IOT as an investment, our conviction lies in the belief that some AI stocks hold greater promise for delivering higher returns and have limited downside risk. If you are looking for an extremely cheap AI stock that is also a major beneficiary of Trump tariffs and onshoring, see our free report on the best short-term AI stock. READ NEXT: 20 Best AI Stocks To Buy Now and 30 Best Stocks to Buy Now According to Billionaires. Disclosure: None. This article is originally published at Insider Monkey. Error in retrieving data Sign in to access your portfolio Error in retrieving data Error in retrieving data Error in retrieving data Error in retrieving data
Forbes
5 days ago
- Business
- Forbes
IOT Stock: How To Trade Samsara Ahead Of Its Earnings?
CHONGQING, CHINA - JUNE 01: In this photo illustration, the logo of Samsara Inc. is displayed on a ... More smartphone screen, with the company's latest stock market chart visible in the background, reflecting recent trading activity and investor sentiment, on June 01, 2025, in Chongqing, China. (Photo Illustration by) Samsara (NYSE:IOT), a cloud-based IoT firm, is set to report its earnings on Thursday, June 5, 2025. For traders driven by events, analyzing how the stock has historically behaved in response to earnings announcements can be quite enlightening. Since 2022, Samsara has recorded a positive one-day return 62% of the time after results are released, with a median increase of 14.7% and a maximum single-day positive return of 27.9%. While the actual results against consensus will ultimately dictate the outcome, utilizing these historical trends could potentially tilt the odds in your favor. Two primary strategies exist: you can either comprehend the historical probabilities and place your position prior to the earnings release, or analyze the relationship between immediate and medium-term returns after the earnings are published to inform your subsequent actions. According to current consensus estimates, analysts anticipate earnings of $0.06 per share on revenues of $351 million. This contrasts with earnings of $0.03 per share on revenues of $281 million in the same quarter last year. From a fundamentals standpoint, Samsara currently possesses a market capitalization of $26 billion. Over the past twelve months, the company has generated $1.2 billion in revenue. However, it recorded an operating loss of $185 million and a net loss of $155 million during that timeframe. Nonetheless, if you're looking for upside with less volatility than individual stocks, the Trefis High Quality portfolio offers an alternative—having outperformed the S&P 500 and delivered returns exceeding 91% since its establishment. Additionally, see – Merck Stock's Ticking Keytruda Time Bomb See earnings reaction history of all stocks Here are some insights regarding one-day (1D) post-earnings returns: Further data on the observed 5-Day (5D) and 21-Day (21D) returns post earnings are compiled along with the statistics in the table below. IOT 1D, 5D, and 21D Post Earnings Return A relatively less risky strategy (though not effective if the correlation is low) involves examining the correlation between short-term and medium-term returns after earnings, identifying a pair with the highest correlation, and executing the corresponding trade. For instance, if the 1D and 5D show the strongest correlation, a trader may take a "long" position for the next 5 days if the 1D post-earnings return is positive. Below is some correlation data based on 5-year and 3-year (more recent) history. Note that the correlation 1D_5D refers to the relationship between 1D post-earnings returns and the following 5D returns. IOT Correlation Between 1D, 5D and 21D Historical Returns Occasionally, peer performance can affect post-earnings stock reactions. In fact, the pricing may begin prior to the earnings announcement. Below is some historical data on the previous post-earnings performance of Samsara stock compared to the stock performance of peers that reported earnings just before it. For a fair comparison, peer stock returns are also represented by post-earnings one-day (1D) returns. IOT Correlation With Peer Earnings Learn more about Trefis RV strategy that has outperformed its all-cap stocks benchmark (a combination of all 3: the S&P 500, S&P mid-cap, and Russell 2000), delivering robust returns for investors. Additionally, if you're seeking upside with a smoother experience than holding an individual stock like Samsara, consider the High Quality portfolio, which has surpassed the S&P and achieved >91% returns since its inception.
Yahoo
29-05-2025
- Business
- Yahoo
Samsara Inc. (IOT) Falls More Steeply Than Broader Market: What Investors Need to Know
The most recent trading session ended with Samsara Inc. (IOT) standing at $46.48, reflecting a -0.66% shift from the previouse trading day's closing. The stock fell short of the S&P 500, which registered a loss of 0.56% for the day. Elsewhere, the Dow lost 0.58%, while the tech-heavy Nasdaq lost 0.51%. Coming into today, shares of the company had gained 19.24% in the past month. In that same time, the Computer and Technology sector gained 11.21%, while the S&P 500 gained 7.37%. The upcoming earnings release of Samsara Inc. will be of great interest to investors. The company's earnings report is expected on June 5, 2025. The company's upcoming EPS is projected at $0.06, signifying a 100% increase compared to the same quarter of the previous year. In the meantime, our current consensus estimate forecasts the revenue to be $351.46 million, indicating a 25.19% growth compared to the corresponding quarter of the prior year. For the entire fiscal year, the Zacks Consensus Estimates are projecting earnings of $0.33 per share and a revenue of $1.53 billion, representing changes of +26.92% and +22.42%, respectively, from the prior year. It is also important to note the recent changes to analyst estimates for Samsara Inc. These revisions typically reflect the latest short-term business trends, which can change frequently. Therefore, positive revisions in estimates convey analysts' confidence in the company's business performance and profit potential. Based on our research, we believe these estimate revisions are directly related to near-team stock moves. To benefit from this, we have developed the Zacks Rank, a proprietary model which takes these estimate changes into account and provides an actionable rating system. The Zacks Rank system, which ranges from #1 (Strong Buy) to #5 (Strong Sell), has an impressive outside-audited track record of outperformance, with #1 stocks generating an average annual return of +25% since 1988. Over the past month, there's been no change in the Zacks Consensus EPS estimate. Samsara Inc. presently features a Zacks Rank of #3 (Hold). Digging into valuation, Samsara Inc. currently has a Forward P/E ratio of 141.79. This represents a premium compared to its industry's average Forward P/E of 29.23. The Internet - Software industry is part of the Computer and Technology sector. This group has a Zacks Industry Rank of 57, putting it in the top 24% of all 250+ industries. The Zacks Industry Rank assesses the vigor of our specific industry groups by computing the average Zacks Rank of the individual stocks incorporated in the groups. Our research shows that the top 50% rated industries outperform the bottom half by a factor of 2 to 1. To follow IOT in the coming trading sessions, be sure to utilize Want the latest recommendations from Zacks Investment Research? Today, you can download 7 Best Stocks for the Next 30 Days. Click to get this free report Samsara Inc. (IOT) : Free Stock Analysis Report This article originally published on Zacks Investment Research ( Zacks Investment Research Sign in to access your portfolio
Yahoo
23-05-2025
- Business
- Yahoo
Why the Market Dipped But Samsara Inc. (IOT) Gained Today
The latest trading session saw Samsara Inc. (IOT) ending at $46.14, denoting a +1.07% adjustment from its last day's close. The stock's performance was ahead of the S&P 500's daily loss of 0.04%. The the stock of company has risen by 22.65% in the past month, leading the Computer and Technology sector's gain of 20.6% and the S&P 500's gain of 13.42%. The investment community will be closely monitoring the performance of Samsara Inc. in its forthcoming earnings report. The company is scheduled to release its earnings on June 5, 2025. The company is predicted to post an EPS of $0.06, indicating a 100% growth compared to the equivalent quarter last year. Our most recent consensus estimate is calling for quarterly revenue of $351.46 million, up 25.19% from the year-ago period. For the full year, the Zacks Consensus Estimates project earnings of $0.33 per share and a revenue of $1.53 billion, demonstrating changes of +26.92% and +22.42%, respectively, from the preceding year. It's also important for investors to be aware of any recent modifications to analyst estimates for Samsara Inc. These revisions typically reflect the latest short-term business trends, which can change frequently. Therefore, positive revisions in estimates convey analysts' confidence in the company's business performance and profit potential. Our research suggests that these changes in estimates have a direct relationship with upcoming stock price performance. To capitalize on this, we've crafted the Zacks Rank, a unique model that incorporates these estimate changes and offers a practical rating system. Ranging from #1 (Strong Buy) to #5 (Strong Sell), the Zacks Rank system has a proven, outside-audited track record of outperformance, with #1 stocks returning an average of +25% annually since 1988. Over the last 30 days, the Zacks Consensus EPS estimate has witnessed an unchanged state. As of now, Samsara Inc. holds a Zacks Rank of #3 (Hold). In terms of valuation, Samsara Inc. is currently trading at a Forward P/E ratio of 138.33. This indicates a premium in contrast to its industry's Forward P/E of 28.41. The Internet - Software industry is part of the Computer and Technology sector. This industry currently has a Zacks Industry Rank of 62, which puts it in the top 26% of all 250+ industries. The Zacks Industry Rank is ordered from best to worst in terms of the average Zacks Rank of the individual companies within each of these sectors. Our research shows that the top 50% rated industries outperform the bottom half by a factor of 2 to 1. Keep in mind to rely on to watch all these stock-impacting metrics, and more, in the succeeding trading sessions. Want the latest recommendations from Zacks Investment Research? Today, you can download 7 Best Stocks for the Next 30 Days. Click to get this free report Samsara Inc. (IOT) : Free Stock Analysis Report This article originally published on Zacks Investment Research ( Zacks Investment Research
