New York, Feb 3, 2026, 08:47 EST — Premarket
- Shares dipped roughly 0.3% in premarket action, following a sharp 5.8% drop the day before.
- Samsara revealed plans to expand further into Canada, highlighting local data hosting and new partnerships.
- The company scheduled its quarterly and full-year results for March 5.
Samsara shares dipped roughly 0.3% to $26.33 in Tuesday’s premarket. On Monday, the stock closed down 5.8% at $26.41. (Investing)
The drop hinges on two updates from the company that came out just a day apart: a broader push into Canada and a confirmed date for the upcoming earnings release. Each alone might fly under the radar, but side by side, they shape the story for now.
The Canada push targets customers focused on data location and fast hardware delivery. This is crucial for fleets and public agencies bound by strict regulations and lengthy procurement processes. The move unfolds as investors eye the next outlook.
The company announced plans to grow its Canadian presence by ensuring data residency—storing and processing data within Canada—and setting up local fulfillment for hardware. Liz Klein highlighted that their progress in Canada stems from tackling “the specific, complex challenges our customers face.” She emphasized the goal of letting customers sidestep having to “choos[e] between regulatory compliance and cutting-edge innovation.” (Samsara)
The company highlighted a dedicated Canada data centre on Amazon Web Services and noted partnerships with Ottawa Logistics and Element Fleet Management. It also mentioned a deployment by First Student and quoted Marco Goodridge of Sterling Crane Canada, who described the switch as “a game changer.” (Samsara)
Separately, Samsara announced it will report fourth-quarter and full-year results for the period ending Jan. 31 after U.S. markets close on March 5, with a webcast to follow. (Samsara)
Traders are zeroing in on that date as the next major catalyst. It marks the company’s fiscal year-end, a period when shifts in sales and spending often impact results and guidance.
Samsara offers software and connected devices to track vehicles and equipment, including safety cameras and telematics—tools that monitor asset locations and usage. The Canada package focuses heavily on compliance and logistics, rather than just adding new features.
The company remains in a crowded field. Fleet and asset-tracking platforms battle over data quality, uptime, and regulatory compliance. Customers consider price, hardware deployment, and how seamlessly these tools fit into their current workflows.
The downside is clear: growth requires cash, and returns might take time. If March guidance points to weaker demand, slower bookings, or increased spending on data centres and fulfilment, the stock could remain under pressure.
Investors are eyeing March 5 for fresh insights on growth and margins, along with subscription metrics like annual recurring revenue (ARR), which tracks run-rate subscription sales, and net new annual contract value, a key indicator of new bookings.
