Earnings results often indicate what direction a company will take in the months ahead. With Q1 behind us, let’s have a look at SmartRent (NYSE: SMRT) and its peers.

Industrial Internet of Things (IoT) companies are buoyed by the secular trend of a more connected world. They often specialize in nascent areas such as hardware and services for factory automation, fleet tracking, or smart home technologies. Those who play their cards right can generate recurring subscription revenues by providing cloud-based software services, boosting their margins. On the other hand, if the technologies these companies have invested in don’t pan out, they may have to make costly pivots.

The 6 internet of things stocks we track reported a mixed Q1. As a group, revenues beat analysts’ consensus estimates by 1.8% while next quarter’s revenue guidance was 1.3% below.

Amidst this news, share prices of the companies have had a rough stretch. On average, they are down 8% since the latest earnings results.

Weakest Q1: SmartRent (NYSE: SMRT)

Founded by an employee at a real estate rental company, SmartRent (NYSE: SMRT) provides smart home devices and software for multifamily residential properties, single-family rental homes, and student housing communities.

SmartRent reported revenues of $38.68 million, down 6.4% year on year. This print exceeded analysts’ expectations by 1.4%. Despite the top-line beat, it was still a disappointing quarter for the company with a significant miss of analysts’ adjusted operating income estimates.

SmartRent delivered the slowest revenue growth of the whole group. The market seems disappointed with the results as the stock is down 26.2% since reporting and currently trades at $1.06.

Read our full report on SmartRent here, it’s free.

Best Q1: Rockwell Automation (NYSE: ROK)

One of the first companies to address industrial automation, Rockwell Automation (NYSE: ROK) sells products that help customers extract more efficiency from their machinery.

Rockwell Automation reported revenues of $2.24 billion, up 11.9% year on year, outperforming analysts’ expectations by 3.8%. The business had an exceptional quarter with a solid beat of analysts’ organic revenue and EBITDA estimates.

Rockwell Automation achieved the biggest analyst estimate beat, fastest revenue growth, and highest full-year guidance raise among its peers. The market seems happy with the results as the stock is up 16.5% since reporting. It currently trades at $466.43.

Is now the time to buy Rockwell Automation? Access our full analysis of the earnings results here, it’s free.

Vontier (NYSE: VNT)

A spin-off of a spin-off, Vontier (NYSE: VNT) provides electronic products and systems to the transportation, automotive, and manufacturing sectors.

Vontier reported revenues of $750.6 million, up 1.3% year on year, exceeding analysts’ expectations by 1.8%. Still, it was a slower quarter as it posted revenue guidance for next quarter missing analysts’ expectations and EPS guidance for next quarter missing analysts’ expectations.

Vontier delivered the weakest guidance update in the group. As expected, the stock is down 17.2% since the results and currently trades at $29.01.

Read our full analysis of Vontier’s results here.

Trimble (NASDAQ: TRMB)

Playing a role in the construction of the Paris Grand, Trimble (NASDAQ: TRMB) offers geospatial devices and technology to the agriculture, construction, transportation, and logistics industries.

Trimble reported revenues of $939.9 million, up 11.8% year on year. This number topped analysts’ expectations by 3.8%. It was a strong quarter as it also produced a solid beat of analysts’ adjusted operating income and EPS estimates.

Trimble achieved the highest guidance raise but had the weakest full-year guidance update among its peers. The stock is down 22.7% since reporting and currently trades at $52.85.

Read our full, actionable report on Trimble here, it’s free.

AMETEK (NYSE: AME)

Started from its humble beginnings in motor repair, AMETEK (NYSE: AME) manufactures electronic devices used in industries like aerospace, power, and healthcare.

AMETEK reported revenues of $1.93 billion, up 11.3% year on year. This result surpassed analysts’ expectations by 0.6%. Aside from that, it was a satisfactory quarter as it also recorded an impressive beat of analysts’ adjusted operating income estimates but full-year EPS guidance meeting analysts’ expectations.

The stock is up 2.2% since reporting and currently trades at $232.99.

Read our full, actionable report on AMETEK here, it’s free.

Market Update

Late in 2025 into early 2026, there was hand-wringing around artificial intelligence. For software companies, the fear was that AI would erode pricing power and compress margins as new tools made it easier to replicate what once required expensive enterprise platforms. Crypto investors had their own version of the same anxiety: if AI agents could trade, allocate capital, and manage wallets autonomously, what exactly was the long-term value of today’s crypto infrastructure?

These concerns triggered a noticeable rotation away from these sectors and into safer havens. But markets rarely dwell on one narrative for long. Spring 2026 came, and the focus shifted abruptly from technological disruption to geopolitical risk. The US’ conflict with Iran became the dominant driver of market psychology, and when geopolitics takes center stage, the script changes quickly. Investors stop debating growth rates and start worrying about oil supply, inflation, and global stability.

Want to invest in winners with rock-solid fundamentals? Check out our Top 6 Stocks and add them to your watchlist. These companies are poised for growth regardless of the political or macroeconomic climate.