Samsara Inc. (IOT) stock dipped 1.51% despite upcoming earnings report, with positive outlook.

From Nasdaq: 2024-11-25 18:15:06

Samsara Inc. (IOT) closed at $55.50, down -1.51% from the previous session. The stock has risen by 18.16% in the past month, outperforming the Computer and Technology sector. The company’s earnings report is scheduled for December 5, 2024, with an estimated EPS of $0.04 and revenue of $310.65 million.

Market participants eagerly await Samsara Inc.’s financial results. Analysts forecast an EPS of $0.04 and revenue of $310.65 million for the upcoming earnings release. The full-year Zacks Consensus Estimates predict earnings of $0.17 per share and revenue of $1.22 billion. The company currently holds a Zacks Rank of #3 (Hold).

Samsara Inc. has a Forward P/E ratio of 325.1, higher than the industry average of 33.22. The Internet – Software industry, part of the Computer and Technology sector, ranks 37 out of 250+ industries. Top industries outperform the bottom half by 2 to 1 ratio. Investors can track stock-moving metrics on Zacks.com.

Zacks’ Research Chief highlights a stock with the potential to double in value. This innovative financial firm, with a growing customer base and cutting-edge solutions, is poised for significant gains. While not all picks are winners, this stock shows promise for substantial growth. Investors can access the top stock and more recommendations on Zacks.com.



Read more at Nasdaq: Samsara Inc. (IOT) Stock Dips While Market Gains: Key Facts