PowerFleet, Inc. (NASDAQ:AIOT – Get Free Report) has received a consensus recommendation of “Moderate Buy” from the five research firms that are currently covering the firm, MarketBeat.com reports. Two analysts have rated the stock with a hold recommendation and three have given a buy recommendation to the company. The average 1 year price target among brokers that have issued a report on the stock in the last year is $9.6667.
Several analysts have recently commented on AIOT shares. UBS Group set a $7.00 price objective on shares of PowerFleet in a report on Tuesday. Weiss Ratings reaffirmed a “hold (c-)” rating on shares of PowerFleet in a report on Friday, May 8th. Wall Street Zen raised shares of PowerFleet from a “sell” rating to a “hold” rating in a report on Saturday, May 9th. Finally, Raymond James Financial dropped their price objective on shares of PowerFleet from $8.00 to $7.00 and set an “outperform” rating on the stock in a report on Tuesday.
Read Our Latest Analysis on AIOT
Institutional Trading of PowerFleet
PowerFleet Stock Performance
NASDAQ:AIOT traded down $0.08 during trading hours on Tuesday, hitting $4.07. 810,626 shares of the company were exchanged, compared to its average volume of 1,594,021. The company has a debt-to-equity ratio of 0.48, a current ratio of 1.09 and a quick ratio of 0.96. PowerFleet has a 52-week low of $2.78 and a 52-week high of $5.88. The stock has a market capitalization of $545.32 million, a price-to-earnings ratio of -17.67 and a beta of 1.43. The company’s 50 day moving average price is $3.45 and its 200-day moving average price is $4.12.
PowerFleet (NASDAQ:AIOT – Get Free Report) last issued its quarterly earnings results on Monday, June 15th. The company reported $0.04 earnings per share (EPS) for the quarter. PowerFleet had a negative net margin of 7.00% and a negative return on equity of 5.23%. The business had revenue of $114.49 million for the quarter, compared to analyst estimates of $112.98 million. During the same quarter in the prior year, the business posted ($0.09) EPS. As a group, research analysts forecast that PowerFleet will post -0.13 earnings per share for the current year.
Key Headlines Impacting PowerFleet
Here are the key news stories impacting PowerFleet this week:
- Positive Sentiment: PowerFleet reported Q4 revenue of $114.5 million, up 11% year over year, with services revenue up 14% and adjusted EBITDA up 42% to $26.4 million, showing better profitability and operating leverage. Powerfleet Reports Results for Fourth Quarter and Full-Year Fiscal 2026
- Positive Sentiment: The company also guided FY2027 revenue to $485 million-$490 million, above consensus, while targeting $122 million-$125 million in adjusted EBITDA and $30 million-$35 million in free cash flow, which supports the bullish reaction. PowerFleet Is Finally Generating Cash, A Major Turning Point
- Positive Sentiment: Management highlighted a major South African National Treasury contract worth an estimated $100 million-$120 million in total value, adding to confidence in future recurring revenue. Powerfleet Reports Results for Fourth Quarter and Full-Year Fiscal 2026
- Neutral Sentiment: PowerFleet’s earnings came in at $0.04 per share for the quarter, but the company remained unprofitable on a net basis, so investors are still watching for sustained margin improvement. Earnings report and conference call
- Negative Sentiment: Despite the stronger outlook, the stock may face some caution because the current-year consensus still calls for a loss, meaning the turnaround is not yet complete. PowerFleet stock data
PowerFleet Company Profile
PowerFleet, Inc (NASDAQ: AIOT) develops and delivers Internet of Things (IoT)–based telematics and asset-tracking solutions designed to help businesses monitor, manage and optimize fleets of vehicles and industrial equipment. Its core offerings include wireless sensors, GPS tracking devices and cloud-hosted software platforms that provide real-time visibility into vehicle whereabouts, usage patterns, fuel consumption and maintenance needs. The company’s systems also support regulatory compliance and safety monitoring, enabling customers to reduce operational costs, minimize theft and improve overall asset utilization.
The company’s hardware portfolio features RFID readers, active and passive tags, onboard diagnostics (OBD) adapters and temperature or motion sensors that can be deployed on trucks, trailers, forklifts, containers and other high-value assets.
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