FY2026 EPS Estimates for PowerFleet Raised by Analyst

PowerFleet, Inc. (NASDAQ:AIOT) – Equities researchers at Northland Securities boosted their FY2026 earnings per share (EPS) estimates for shares of PowerFleet in a note issued to investors on Tuesday, February 10th. Northland Securities analyst G. Gibas now expects that the company will earn ($0.14) per share for the year, up from their prior estimate of ($0.16). The consensus estimate for PowerFleet’s current full-year earnings is ($0.32) per share.

PowerFleet (NASDAQ:AIOT) last released its quarterly earnings data on Monday, February 9th. The company reported $0.02 earnings per share (EPS) for the quarter, missing analysts’ consensus estimates 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 company had revenue of $113.49 million for the quarter, compared to analyst estimates of $111.69 million.

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

PowerFleet Stock Performance

AIOT stock opened at $3.89 on Friday. PowerFleet has a 1 year low of $3.59 and a 1 year high of $8.26. The stock has a market capitalization of $521.84 million, a price-to-earnings ratio of -16.91 and a beta of 1.33. The company has a debt-to-equity ratio of 0.48, a quick ratio of 0.93 and a current ratio of 1.09. The stock’s fifty day moving average is $5.21 and its two-hundred day moving average is $4.99.

Institutional Trading of PowerFleet

A number of hedge funds and other institutional investors have recently made changes to their positions in AIOT. State of Alaska Department of Revenue bought a new position in shares of PowerFleet in the third quarter valued at approximately $31,000. CWM LLC lifted its position in PowerFleet by 784.9% in the third quarter. CWM LLC now owns 6,203 shares of the company’s stock worth $33,000 after purchasing an additional 5,502 shares during the period. BNP Paribas Financial Markets lifted its position in PowerFleet by 100.9% in the second quarter. BNP Paribas Financial Markets now owns 11,756 shares of the company’s stock worth $51,000 after purchasing an additional 5,904 shares during the period. Spire Wealth Management boosted its stake in PowerFleet by 39.6% during the 2nd quarter. Spire Wealth Management now owns 12,750 shares of the company’s stock valued at $55,000 after purchasing an additional 3,620 shares in the last quarter. Finally, Ameritas Investment Partners Inc. boosted its stake in PowerFleet by 43.2% during the 2nd quarter. Ameritas Investment Partners Inc. now owns 12,692 shares of the company’s stock valued at $55,000 after purchasing an additional 3,826 shares in the last quarter. 73.40% of the stock is currently owned by institutional investors.

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.