Samsara jumps after raising annual forecasts, Q2 beat

Samsara

04/09/2026 11:20

** Shares of software firm Samsara IOT.N climb 13.6% to $44 premarket
** Company raises annual adjusted EPS forecast to between 76 and 78 cents, up from the previous range of 70 to 72 cents 
** Sees annual revenue between $2.043 and $2.047 bln, compared with previous $2.005 to $2.013 bln range
** Q2 revenue, adjusted EPS both beat estimates - data compiled by LSEG 
** Customer adoption of some latest AI features is up more than 4x in the last two months - CEO Sanjit Biswas
** BofA Global Research raised its PT on the stock to $55 from $47
** Eighteen analysts covering the stock rate it "buy" or higher and six "hold"; median PT is $50 - LSEG data 
** Stock up about 9% so far in 2026, till last close 

(Reporting by Purvi Agarwal in Bengaluru)
((Purvi.Agarwal@thomsonreuters.com;))