William Blair Has Pessimistic View of PowerFleet Q1 Earnings

PowerFleet, Inc. (NASDAQ:AIOT) – Equities research analysts at William Blair reduced their Q1 2026 EPS estimates for PowerFleet in a research note issued to investors on Monday, June 16th. William Blair analyst D. Becker now anticipates that the company will post earnings per share of $0.00 for the quarter, down from their previous estimate of $0.04. The consensus estimate for PowerFleet’s current full-year earnings is ($0.32) per share. William Blair also issued estimates for PowerFleet’s Q2 2026 earnings at $0.03 EPS, Q3 2026 earnings at $0.04 EPS, Q4 2026 earnings at $0.06 EPS, FY2026 earnings at $0.12 EPS, Q3 2027 earnings at $0.08 EPS, Q4 2027 earnings at $0.09 EPS and FY2027 earnings at $0.32 EPS.

Other research analysts have also recently issued research reports about the stock. Barrington Research reiterated an “outperform” rating and set a $15.00 price target on shares of PowerFleet in a research note on Friday, June 13th. Lake Street Capital set a $8.00 price target on shares of PowerFleet and gave the stock a “buy” rating in a research note on Tuesday, May 27th. Finally, Raymond James Financial dropped their price target on shares of PowerFleet from $10.00 to $8.00 and set an “outperform” rating on the stock in a research note on Tuesday, April 29th. Five analysts have rated the stock with a buy rating, Based on data from MarketBeat, the stock currently has an average rating of “Buy” and an average price target of $10.50.

PowerFleet Trading Up 1.5%

Shares of PowerFleet stock opened at $4.73 on Thursday. The company’s fifty day simple moving average is $5.02 and its 200-day simple moving average is $5.88. The stock has a market capitalization of $626.77 million, a PE ratio of -11.00 and a beta of 1.35. PowerFleet has a 1-year low of $3.70 and a 1-year high of $8.71. The company has a debt-to-equity ratio of 0.51, a current ratio of 1.21 and a quick ratio of 1.02.

Institutional Trading of PowerFleet

A number of institutional investors and hedge funds have recently bought and sold shares of AIOT. Rhumbline Advisers bought a new stake in PowerFleet in the 4th quarter valued at $915,000. Bfsg LLC bought a new stake in PowerFleet in the 4th quarter valued at $178,000. Rice Hall James & Associates LLC bought a new stake in PowerFleet in the 4th quarter valued at $2,706,000. New York State Common Retirement Fund bought a new stake in PowerFleet in the 4th quarter valued at $113,000. Finally, Private Advisor Group LLC bought a new stake in PowerFleet in the 4th quarter valued at $68,000. 73.40% of the stock is currently owned by institutional investors.

PowerFleet Company Profile

PowerFleet, Inc engages in the provision of fleet management solutions for logistics, industrial, and vehicles. It offers wireless Internet of Things and machine to machine solutions for securing, controlling, tracking, and managing enterprise assets such as industrial trucks, tractor trailers, containers, cargo, and vehicle and truck fleets.