Analysts Issue Forecasts for PowerFleet Q1 Earnings

PowerFleet, Inc. (NASDAQ:AIOT) – Equities researchers at Northland Securities issued their Q1 2027 earnings per share estimates for shares of PowerFleet in a research report issued on Tuesday, February 10th. Northland Securities analyst G. Gibas anticipates that the company will post earnings per share of $0.00 for the quarter. The consensus estimate for PowerFleet’s current full-year earnings is ($0.32) per share. Northland Securities also issued estimates for PowerFleet’s Q2 2027 earnings at $0.01 EPS, Q3 2027 earnings at $0.02 EPS, Q4 2027 earnings at $0.02 EPS and FY2027 earnings at $0.05 EPS.

PowerFleet (NASDAQ:AIOT) last issued its earnings results on Monday, February 9th. The company reported $0.02 EPS for the quarter, missing analysts’ consensus estimates of $0.04 by ($0.02). The firm had revenue of $113.49 million during the quarter, compared to analyst estimates of $111.69 million. PowerFleet had a negative net margin of 7.00% and a negative return on equity of 5.23%.

Several other brokerages have also weighed in on AIOT. Weiss Ratings upgraded shares of PowerFleet from a “sell (d-)” rating to a “hold (c-)” rating in a research report on Tuesday. Barrington Research restated an “outperform” rating and set a $15.00 price target on shares of PowerFleet in a research note on Friday, February 6th. Wall Street Zen upgraded PowerFleet from a “sell” rating to a “hold” rating in a research note on Saturday, December 13th. Finally, William Blair reissued an “outperform” rating on shares of PowerFleet in a report on Tuesday, November 11th. Four analysts have rated the stock with a Buy rating and two have issued a Hold rating to the stock. According to data from MarketBeat, the stock currently has a consensus rating of “Moderate Buy” and an average target price of $10.33.

PowerFleet Trading Down 3.4%

Shares of PowerFleet stock opened at $4.03 on Wednesday. PowerFleet has a 52-week low of $3.70 and a 52-week high of $8.49. The firm has a market capitalization of $540.62 million, a PE ratio of -17.52 and a beta of 1.33. The company has a debt-to-equity ratio of 0.48, a current ratio of 1.09 and a quick ratio of 0.93. The company’s fifty day moving average price is $5.26 and its two-hundred day moving average price is $5.01.

Institutional Trading of PowerFleet

A number of institutional investors have recently bought and sold shares of the business. Private Capital Management LLC lifted its stake in shares of PowerFleet by 9.1% in the 3rd quarter. Private Capital Management LLC now owns 7,354,073 shares of the company’s stock valued at $38,535,000 after purchasing an additional 610,660 shares during the period. Voss Capital LP boosted its holdings in PowerFleet by 4.3% during the third quarter. Voss Capital LP now owns 5,800,000 shares of the company’s stock worth $30,392,000 after buying an additional 240,509 shares during the last quarter. Private Management Group Inc. grew its position in shares of PowerFleet by 6.6% during the 3rd quarter. Private Management Group Inc. now owns 5,208,278 shares of the company’s stock worth $27,291,000 after buying an additional 324,127 shares during the period. Royce & Associates LP increased its stake in shares of PowerFleet by 3.7% in the 4th quarter. Royce & Associates LP now owns 4,471,131 shares of the company’s stock valued at $23,786,000 after acquiring an additional 159,256 shares during the last quarter. Finally, CenterBook Partners LP raised its position in shares of PowerFleet by 40.4% in the 2nd quarter. CenterBook Partners LP now owns 4,040,568 shares of the company’s stock valued at $17,415,000 after acquiring an additional 1,162,742 shares during the period. Institutional investors and hedge funds own 73.40% of the company’s stock.

About PowerFleet

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.