AIOT

PowerFleet, Inc. Common Stock

5.49 USD
-0.44
7.42%
Updated Mar 10, 3:07 PM EDT
1 day
-7.42%
5 days
-10.73%
1 month
-29.62%
3 months
-18.55%
6 months
21.73%
Year to date
-12.86%
1 year
89.31%
5 years
-7.26%
10 years
-7.73%
 

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 7,363 funds
0
Analysts bullish %
of 3 analysts

Fund manager confidence

Based on 2024 Q4 regulatory filings by fund managers ($100M+ AUM)

404% more call options, than puts

Call options by funds: $4.96M | Put options by funds: $985K

318% more first-time investments, than exits

New positions opened: 46 | Existing positions closed: 11

148% more repeat investments, than reductions

Existing positions increased: 62 | Existing positions reduced: 25

68% more capital invested

Capital invested by funds: $375M [Q3] → $629M (+$253M) [Q4]

60% more funds holding in top 10

Funds holding in top 10: 5 [Q3] → 8 (+3) [Q4]

25% more funds holding

Funds holding: 125 [Q3] → 156 (+31) [Q4]

1.37% more ownership

Funds ownership: 70.05% [Q3] → 71.42% (+1.37%) [Q4]

Research analyst outlook

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

Low target
$11
100%
upside
Avg. target
$12.33
125%
upside
High target
$15
173%
upside

3 analyst ratings

positive
100%
neutral
0%
negative
0%
Barrington Research
Gary Prestopino
50% 1-year accuracy
77 / 154 met price target
173%upside
$15
Outperform
Maintained
13 Feb 2025
Lake Street
Jaeson Schmidt
20% 1-year accuracy
5 / 25 met price target
100%upside
$11
Buy
Maintained
11 Feb 2025
Northland Capital Markets
Greg Gibas
24% 1-year accuracy
5 / 21 met price target
100%upside
$11
Outperform
Maintained
11 Feb 2025

Financial journalist opinion

Based on 6 articles about AIOT published over the past 30 days

Neutral
PRNewsWire
7 hours ago
Powerfleet Launches Unity's AI-Driven In-Warehouse Solutions in partnership with TELUS, Unlocking Major Growth Potential
Strategic partnership leverages AI-driven technology to transform warehouse safety and efficiency across North America WOODCLIFF LAKE, N.J. , March 10, 2025 /PRNewswire/ -- Powerfleet (Nasdaq: AIOT), a global leader in the artificial intelligence of things (AIoT) software-as-a-service (SaaS) mobile asset industry, announces the launch of advanced Unity in-warehouse solutions through its TELUS partnership, enhancing safety, workforce retention, and operational efficiency in Canada and the United States.
Powerfleet Launches Unity's AI-Driven In-Warehouse Solutions in partnership with TELUS, Unlocking Major Growth Potential
Neutral
PRNewsWire
2 weeks ago
Powerfleet Unity Named #1 Global Platform & Solution Portfolio in its Market by ABI Research
WOODCLIFF LAKE, N.J. , Feb. 20, 2025 /PRNewswire/ -- ABI Research, a highly trusted leader in data-driven market intelligence, has awarded Powerfleet (Nasdaq: AIOT), the number one global ranking for innovation in its in-depth and independent assessment of the top ten leading commercial solution providers for mobile assets, judging Powerfleet's Unity ecosystem and product portfolio to be the elite solution set in the industry.
Powerfleet Unity Named #1 Global Platform & Solution Portfolio in its Market by ABI Research
Positive
Seeking Alpha
2 weeks ago
Powerfleet: A Great Story, But I'll Pass
I love a good growth story, but PowerFleet, Inc.'s numbers don't match the excitement. The company's debt level is too high for my liking, making me uneasy about its future. Acquisitions have inflated its revenue growth, and I prefer more organic expansion.
Powerfleet: A Great Story, But I'll Pass
Positive
The Motley Fool
3 weeks ago
Why PowerFleet Shares Rocketed 31% Today
Shares of small-cap Internet of Things tech company PowerFleet (AIOT 31.09%) rallied big on Monday, up as much as 38.8% in the day's trading before ending the day with a 31.1% gain.
Why PowerFleet Shares Rocketed 31% Today
Neutral
Seeking Alpha
4 weeks ago
PowerFleet, Inc. (AIOT) Q3 2025 Earnings Call Transcript
PowerFleet, Inc. (NASDAQ:AIOT ) Q3 2025 Earnings Call February 10, 2025 8:30 AM ET Company Participants Steve Towe - CEO David Wilson - CFO Conference Call Participants Scott Searle - ROTH Capital Partners Gary Prestopino - Barrington Research Anthony Stoss - Craig-Hallum Dylan Becker - William Blair Alexander Sklar - Raymond James Gregory Gibas - Northland Capital Markets Operator Greetings and welcome to the PowerFleet's Third Quarter 2025 Earnings Call. At this time, all participants are in a listen-only mode.
PowerFleet, Inc. (AIOT) Q3 2025 Earnings Call Transcript
Neutral
PRNewsWire
4 weeks ago
Powerfleet Reports Third Quarter 2025 Financial Results
Q3 revenue rises to $106 million, an increase of 45% year-over-year, with service revenuerepresenting 77% of total revenue Adjusted EBITDA climbs to $22 million, an increase of 77%, driving an annual run ratesurpassing $85 million— doubling 2024 adjusted EBITDA FY25 full year guidance increased $10 million for revenue and $2.5 million for adjustedEBITDA Meaningful increase in adjusted gross margin performance, with total adjusted grossmargins now above 60%, and adjusted service gross margins approaching 70%  Post-M&A integration ahead of schedule, priming for double digit growth trajectory in FY26 WOODCLIFF LAKE, N.J. , Feb. 10, 2025 /PRNewswire/ --  Powerfleet, Inc.  (Nasdaq: AIOT) reported its financial results for the third quarter ended December 31, 2024.
Powerfleet Reports Third Quarter 2025 Financial Results
Neutral
PRNewsWire
1 month ago
Powerfleet Sets Third Quarter Fiscal 2025 Conference Call for Monday, February 10, 2025, at 8:30 a.m. ET
WOODCLIFF LAKE, N.J. , Jan. 24, 2025 /PRNewswire/ -- Powerfleet, Inc. (Nasdaq: AIOT) today announced that it will hold a conference call on Monday, February 10, 2025, at 8:30 a.m.
Powerfleet Sets Third Quarter Fiscal 2025 Conference Call for Monday, February 10, 2025, at 8:30 a.m. ET
Neutral
PRNewsWire
1 month 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
2 months 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
2 months 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 +
Charts implemented using Lightweight Charts™