Northland Securities Comments on PowerFleet Q4 Earnings

PowerFleet, Inc. (NASDAQ:AIOT) – Equities research analysts at Northland Securities raised their Q4 2026 earnings per share (EPS) estimates for PowerFleet in a report issued on Tuesday, February 10th. Northland Securities analyst G. Gibas now forecasts that the company will earn ($0.01) per share for the quarter, up from their previous forecast of ($0.02). The consensus estimate for PowerFleet’s current full-year earnings is ($0.32) per share.

AIOT has been the subject of a number of other reports. Wall Street Zen raised shares of PowerFleet from a “sell” rating to a “hold” rating in a research report on Saturday, December 13th. Weiss Ratings upgraded PowerFleet from a “sell (d-)” rating to a “hold (c-)” rating in a research note on Tuesday. William Blair reaffirmed an “outperform” rating on shares of PowerFleet in a research report on Tuesday, November 11th. Finally, Barrington Research reiterated an “outperform” rating and issued a $15.00 target price on shares of PowerFleet in a research note on Friday, February 6th. Four equities research analysts have rated the stock with a Buy rating and two have issued a Hold rating to the company. According to MarketBeat, PowerFleet currently has an average rating of “Moderate Buy” and an average price target of $10.33.

PowerFleet Trading Down 10.7%

Shares of AIOT stock opened at $3.60 on Thursday. The company has a quick ratio of 0.93, a current ratio of 1.09 and a debt-to-equity ratio of 0.48. PowerFleet has a fifty-two week low of $3.59 and a fifty-two week high of $8.26. The firm’s 50 day moving average price is $5.23 and its two-hundred day moving average price is $5.00. The stock has a market cap of $482.94 million, a price-to-earnings ratio of -15.65 and a beta of 1.33.

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

Hedge Funds Weigh In On PowerFleet

Several large investors have recently modified their holdings of the stock. Private Capital Management LLC grew its position 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 worth $38,535,000 after acquiring an additional 610,660 shares in the last quarter. Voss Capital LP lifted its stake 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 purchasing an additional 240,509 shares during the last quarter. Private Management Group Inc. boosted its holdings in PowerFleet by 1.1% in the fourth quarter. Private Management Group Inc. now owns 5,264,812 shares of the company’s stock worth $28,009,000 after purchasing an additional 56,534 shares during the period. Royce & Associates LP increased its stake in PowerFleet by 3.7% during the fourth quarter. Royce & Associates LP now owns 4,471,131 shares of the company’s stock valued at $23,786,000 after purchasing an additional 159,256 shares during the last quarter. Finally, CenterBook Partners LP increased its stake in PowerFleet by 40.4% during the second quarter. CenterBook Partners LP now owns 4,040,568 shares of the company’s stock valued at $17,415,000 after purchasing an additional 1,162,742 shares during the last quarter. Institutional investors own 73.40% of the company’s stock.

PowerFleet News Summary

Here are the key news stories impacting PowerFleet this week:

• Positive Sentiment: Northland Securities raised several forward EPS estimates, lifting FY‑2027 from $0.03 to $0.05 and nudging Q4 2026 from ($0.02) to ($0.01). Upward revisions for FY‑2027 and quarterly forecasts signal analyst confidence in an earnings recovery beyond the most recent quarter. Northland estimates
• Neutral Sentiment: Northland published a detailed cadence for 2027 (Q1: $0.00, Q2: $0.01, Q3: $0.02, Q4: $0.02) that implies gradual margin and profitability improvement rather than a near‑term surge — useful for modeling but not an immediate catalyst. Northland estimates
• Negative Sentiment: Market reaction to the most recent quarter (reported Feb 9) has been negative: EPS missed consensus and the firm showed negative margins, triggering a sell‑off. Coverage noted shares fell following the weak earnings print. Elevated trading volume suggests stronger conviction behind the move. PowerFleet Shares Down After Weak Earnings

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.