AIOT

PowerFleet, Inc. Common Stock

6.04 USD
-0.06
0.98%
At close Jan 17, 4:00 PM EST
After hours
6.07
+0.03
0.50%
1 day
-0.98%
5 days
7.28%
1 month
-12.97%
3 months
11.03%
6 months
18.90%
Year to date
-4.13%
1 year
81.38%
5 years
-26.79%
10 years
-3.51%
 

About: PowerFleet Inc is engaged in Internet-of-Things (IoT) solutions providing valuable business intelligence for managing high-value enterprise assets that improve operational efficiencies. It provide critical information that powers unified operations throughout organizations. It is solving the challenge of inefficient data collection, real-time visibility, and analysis that leads to transformative business operations. Its SaaS cloud-based applications take data from IoT devices and ecosystem of third-party and partner applications to present actionable information for customer.

Employees: 1,954

0
Funds holding %
of 6,823 funds
Analysts bullish %

Fund manager confidence

Based on 2024 Q3 regulatory filings by fund managers ($100M+ AUM)

369% more call options, than puts

Call options by funds: $3.08M | Put options by funds: $657K

114% more first-time investments, than exits

New positions opened: 30 | Existing positions closed: 14

70% more repeat investments, than reductions

Existing positions increased: 46 | Existing positions reduced: 27

70.05% more ownership

Funds ownership: 0% [Q2] → 70.05% (+70.05%) [Q3]

29% more capital invested

Capital invested by funds: $290M [Q2] → $375M (+$85.4M) [Q3]

14% more funds holding

Funds holding: 110 [Q2] → 125 (+15) [Q3]

0% more funds holding in top 10

Funds holding in top 10: 5 [Q2] → 5 (+0) [Q3]

Research analyst outlook

2 Wall Street Analysts provided 1 year price targets over the past 3 months

Low target
$10
66%
upside
Avg. target
$12.50
107%
upside
High target
$15
148%
upside

2 analyst ratings

positive
100%
neutral
0%
negative
0%
Barrington Research
Gary Prestopino
64% 1-year accuracy
85 / 133 met price target
148%upside
$15
Outperform
Maintained
22 Nov 2024
Northland Capital Markets
Greg Gibas
53% 1-year accuracy
10 / 19 met price target
66%upside
$10
Outperform
Maintained
22 Nov 2024

Financial journalist opinion

Based on 5 articles about AIOT published over the past 30 days

Neutral
PRNewsWire
1 week ago
Powerfleet to Present at the 27th Annual Needham Growth Conference
WOODCLIFF LAKE, N.J. , Jan. 10, 2025 /PRNewswire/ -- Powerfleet, Inc. (Nasdaq: AIOT) today announced that management is scheduled to present at the 27th Annual Needham Growth Conference on Tuesday, January 14 th at 4:30pmET and meet with investors to discuss how Powerfleet is enacting meaningful business change through effective data insights for its customers and underpinning their digital transformations.
Powerfleet to Present at the 27th Annual Needham Growth Conference
Neutral
PRNewsWire
1 week ago
Powerfleet Appoints Digital Transformation Expert Mike Powell as Chief Innovation Officer
WOODCLIFF LAKE, N.J. , Jan. 7, 2025 /PRNewswire/ -- Powerfleet, Inc. (Nasdaq: AIOT), a global AIoT leader, announces Mike Powell as Chief Innovation Officer (CINO), effective immediately.
Powerfleet Appoints Digital Transformation Expert Mike Powell as Chief Innovation Officer
Positive
Seeking Alpha
3 weeks ago
Undercovered Dozen: OppFi, PowerFleet, Eletrobras, American Battery +
The 'Undercovered' Dozen series highlights lesser-known stocks with potential. Today's edition features companies like American Battery Technology, Quantum Corporation, and NervGen Pharma Corp. American Battery Technology is seen as positioned for growth in the battery materials market, bolstered by a $144m DOE grant and strategic partnerships. Quantum Corporation may offer significant upside due to its data management solutions aiding GenAI firms, with deferred revenue boosting free cash flow.
Undercovered Dozen: OppFi, PowerFleet, Eletrobras, American Battery +
Neutral
Seeking Alpha
3 weeks ago
PowerFleet: An Affordable Samsara Competitor
PowerFleet: An Affordable Samsara Competitor
PowerFleet: An Affordable Samsara Competitor
Neutral
GlobeNewsWire
4 weeks ago
Telematics for Rental and Leasing Fleets Report, 3rd Edition: Geotab, Targa Telematics, OCTO Telematics, CalAmp, Webfleet, Powerfleet, Munic, MySmartObject, Connected Cars and RentalMatics Dominate
Case Studies of telematics activities among 21 car rental and leasing companies. Detailed profiles of 33 companies that serve the rental and leasing companies. Case Studies of telematics activities among 21 car rental and leasing companies. Detailed profiles of 33 companies that serve the rental and leasing companies.
Telematics for Rental and Leasing Fleets Report, 3rd Edition: Geotab, Targa Telematics, OCTO Telematics, CalAmp, Webfleet, Powerfleet, Munic, MySmartObject, Connected Cars and RentalMatics Dominate
Neutral
PRNewsWire
1 month ago
Powerfleet to Present at Raymond James 2024 TMT & Consumer Conferences
WOODCLIFF LAKE, N.J. , Dec. 6, 2024 /PRNewswire/ -- Powerfleet, Inc. (Nasdaq: AIOT) today announced that management is scheduled to present at the Raymond James 2024 TMT & Consumer Conference on Tuesday, December 10 th at 3:40pmET and meet with investors to discuss how Powerfleet is enacting meaningful business change through effective data insights for its customers and underpinning their digital transformations.
Powerfleet to Present at Raymond James 2024 TMT & Consumer Conferences
Neutral
Seeking Alpha
2 months ago
PowerFleet, Inc. (AIOT) Q2 2025 Earnings Call Transcript
PowerFleet, Inc. (NASDAQ:AIOT ) Q2 2025 Earnings Conference Call November 12, 2024 8:30 AM ET Company Participants Carolyn Capaccio - Investor Relations Steve Towe - Chief Executive Officer David Wilson - Chief Financial Officer Conference Call Participants Scott Searle - Roth Capital Gary Prestopino - Barrington Research Anthony Stoss - Craig-Hallum Dylan Becker - William Blair Alexander Sklar - Raymond James Greg Gibas - Northland Securities Operator Greetings. Welcome to the PowerFleet's Second Quarter 2025 Earnings Call.
PowerFleet, Inc. (AIOT) Q2 2025 Earnings Call Transcript
Positive
Zacks Investment Research
2 months ago
PowerFleet (AIOT) Q2 Earnings: Taking a Look at Key Metrics Versus Estimates
Although the revenue and EPS for PowerFleet (AIOT) give a sense of how its business performed in the quarter ended September 2024, it might be worth considering how some key metrics compare with Wall Street estimates and the year-ago numbers.
PowerFleet (AIOT) Q2 Earnings: Taking a Look at Key Metrics Versus Estimates
Neutral
PRNewsWire
2 months ago
Powerfleet Reports Second Quarter 2025 Financial Results
Q2 FY25 revenue up 7%, to $77.0 million, and Adjusted EBITDA up 41%, to $14.5 million year-over-year, demonstrating continued strong execution of the immediate business objectives post-MiX combination. First half FY25 results exceeded expectations with revenue up 9%, to $152.4 million and Adjusted EBITDA up 46% year-over -year, to $28.2 million.
Powerfleet Reports Second Quarter 2025 Financial Results
Neutral
Zacks Investment Research
2 months ago
What Analyst Projections for Key Metrics Reveal About PowerFleet (AIOT) Q3 Earnings
Get a deeper insight into the potential performance of PowerFleet (AIOT) for the quarter ended September 2024 by going beyond Wall Street's top -and-bottom-line estimates and examining the estimates for some of its key metrics.
What Analyst Projections for Key Metrics Reveal About PowerFleet (AIOT) Q3 Earnings
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