PowerFleet (NASDAQ:AIOT – Get Free Report) will likely be announcing its Q2 2026 results before the market opens on Monday, November 10th. Analysts expect PowerFleet to post earnings of $0.02 per share and revenue of $105.5060 million for the quarter. Parties can check the company’s upcoming Q2 2026 earningsummary page for the latest details on the call scheduled for Monday, November 10, 2025 at 8:30 AM ET.
PowerFleet Trading Up 2.3%
NASDAQ AIOT opened at $4.89 on Friday. The stock has a market cap of $652.54 million, a PE ratio of -16.30 and a beta of 1.35. PowerFleet has a 12 month low of $3.70 and a 12 month high of $8.71. The company’s 50-day moving average price is $5.15 and its 200-day moving average price is $4.85. The company has a current ratio of 1.07, a quick ratio of 0.92 and a debt-to-equity ratio of 0.51.
Analyst Ratings Changes
A number of equities analysts have commented on AIOT shares. Barrington Research restated an “outperform” rating and issued a $15.00 target price on shares of PowerFleet in a research note on Friday. Wall Street Zen downgraded PowerFleet from a “hold” rating to a “sell” rating in a research report on Sunday, November 2nd. Weiss Ratings reaffirmed a “sell (d-)” rating on shares of PowerFleet in a research note on Wednesday, October 8th. Finally, Zacks Research upgraded shares of PowerFleet from a “strong sell” rating to a “hold” rating in a research note on Monday, October 13th. Five investment analysts have rated the stock with a Buy rating, one has given a Hold rating and one has issued a Sell rating to the company. According to data from MarketBeat.com, the stock presently has a consensus rating of “Moderate Buy” and a consensus target price of $10.50.
Insider Activity
In other PowerFleet news, CEO Steven Mark Towe purchased 23,157 shares of the company’s stock in a transaction dated Thursday, August 14th. The shares were acquired at an average price of $4.42 per share, for a total transaction of $102,353.94. Following the completion of the purchase, the chief executive officer owned 2,457,923 shares of the company’s stock, valued at approximately $10,864,019.66. The trade was a 0.95% increase in their ownership of the stock. The acquisition was disclosed in a filing with the SEC, which can be accessed through the SEC website. Also, Director Michael J. Mcconnell bought 10,000 shares of the stock in a transaction that occurred on Monday, August 18th. The stock was bought at an average price of $4.64 per share, with a total value of $46,400.00. Following the completion of the purchase, the director directly owned 28,028 shares in the company, valued at $130,049.92. This represents a 55.47% increase in their ownership of the stock. Additional details regarding this purchase are available in the official SEC disclosure. 6.30% of the stock is currently owned by company insiders.
Institutional Inflows and Outflows
A number of hedge funds have recently modified their holdings of AIOT. Wasatch Advisors LP purchased a new position in shares of PowerFleet in the second quarter worth about $6,426,000. Tidal Investments LLC lifted its stake in PowerFleet by 23.5% during the 2nd quarter. Tidal Investments LLC now owns 120,973 shares of the company’s stock valued at $521,000 after acquiring an additional 22,998 shares during the period. Oxford Asset Management LLP acquired a new position in PowerFleet during the second quarter valued at $81,000. BNP Paribas Financial Markets lifted its position in PowerFleet by 100.9% during the second quarter. BNP Paribas Financial Markets now owns 11,756 shares of the company’s stock valued at $51,000 after purchasing an additional 5,904 shares during the period. Finally, Bank of America Corp DE grew its position in PowerFleet by 52.8% during the 2nd quarter. Bank of America Corp DE now owns 687,960 shares of the company’s stock worth $2,965,000 after purchasing an additional 237,870 shares during the period. 73.40% of the stock is owned by institutional investors and hedge funds.
About PowerFleet
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.
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