Samsara Stock Surges After Q4 Earnings Beat and Rosy Guidance—Key Level to Watch

Fleet and equipment tracking software maker Samsara (IOT) delivered better-than-expected quarterly results and provided impressive current-quarter and full-year guidance that surpassed Wall Street’s expectations, sending its shares more than 15% higher ahead of Friday’s opening bell.

For the fiscal fourth quarter ending Feb. 3, the San Francisco-based company posted adjusted earnings of 4 cents per share, a penny above analysts’ consensus view. Sales in the quarter of $276.3 million were 48% higher than a year earlier and easily topped the $258.3 million consensus view.

Co-founder and CEO Sanjit Biswas said in the company’s shareholder letter that large customers helped drive growth over the past year, noting that Samsara added 611 customers in full-year 2024 that generated over $100,000 in annual reoccurring revenue, taking that cohort total count to 1,848. He specifically pointed to healthy demand from the construction sector, logistics companies, food distributors, transportation firms, and local government.

Looking ahead, Samsara sees current-quarter adjusted earnings ranging between break even and 1 cent a share on revenue of $271 million to $273 million. That compares to Wall Street expecting the company to post a loss in the period of 1 cent a share on $267.1 million in revenue.

For the 2025 fiscal year, the company guided earnings between 11 to 13 cents a share, with the lower end of that range sitting ahead the Street estimate of 9 cents per share. The tracking software maker projects revenue in the period of between $1.186 billion and $1.196 billion, above the $1.17 billion figure modeled by analysts.

Samsara shares have consolidated with an ascending triangle above the 50-day moving average since early December. Typically, this bullish chart pattern indicates a continuation of the current longer-term trend. It’s also worth noting that trading volumes had increased leading into the earnings report, suggesting active participation by larger market participants. 

After an expected earnings-driven breakout, keep an eye on the triangle’s top trendline around $36.50 as a possible future support area during periods of profit taking.

Samsara shares were up 15.9% at $39.83 in premarket trading at about 7:00 a.m. ET. Through Thursday’s close, the stock had gained more than 60% over the past year.

The comments, opinions, and analyses expressed on Investopedia are for informational purposes only. Read our warranty and liability disclaimer for more info.

As of the date this article was written, the author does not own any of the above securities.