Samsara (IOT) Q2 2026 earnings — TrendMatrix coverage
Reported
Model-generated analysis — not investment advice. Not a registered investment advisor. Past performance does not guarantee future results. How we score · Full disclosure
Key numbers
- Adjusted EPS
- $0.20
- Estimate
- $0.16
- Surprise
- +27.4%
- Revenue (period 2026-07-31)
- $508.4M
- Score at report (before → after)
- 6.0 → 6.3/10
Revenue source: yfinance_provisional (provisional — SEC XBRL not yet filed for this period).
How the report landed
Samsara (IOT) beat the $0.16 estimate with adjusted EPS of $0.20 — a large 27.4% upside surprise. TrendMatrix's engine moved from Buy (Wait) (6.0/10) to Hold at 6.3/10 after the report.
Where TrendMatrix's rating stands now
TrendMatrix currently rates IOT Buy (Wait) at 6.3/10.
4 of the last 4 quarters beat the estimate; this quarter's +27.4% surprise compares with a +31.3% four-quarter average. Next scheduled report: 2026-12-03.
What supports the rating
- Strong earnings beat streak (4/4)
- Positive news sentiment (+1.00)
What argues against it
- Concentration risk — Product: subscriptions to Connected Operations Platform (98.0%)
- Sector modifier (Technology): -0.8
- Value-trap signals (2/5): Margin compression (op margin 1.0%), Material insider selling (114 sells, 0.35% of cap)
This section and the ones below it reflect TrendMatrix’s latest engine read — they update after the report date and are not frozen to it.
The levels TrendMatrix's engine tracks
- Current price
- $41.74
- Entry target
- $39.75
- Price target
- $46.86
- Stop
- $36.97
- Upside to target
- +12.3%
- Reward-to-risk
- 1.0:1
The stock trades at 298.1× trailing but 44.0× forward earnings — consensus estimates already build in a substantial earnings recovery.
Model outputs from TrendMatrix’s engine as of 2026-10-07 — shown for context, not personalized investment advice.
IOT at TrendMatrix's latest read
Technology names get repriced on forward expectations more than trailing prints — a quarter here is read through next-year growth and multiple, not the EPS line alone.
- Industry
- Software - Infrastructure
- Market cap
- $24.44B
- P/E (fwd)
- 44.0
- P/E (ttm)
- 298.1
- 52-week range
- $23.38–$47.47
- Off 52-week high
- 12.1%
- RSI (14)
- 55
- Volume vs avg
- 0.74×
- Score today
- 6.3/10