PowerFleet’s (PWFL) Outperform Rating Reaffirmed at William Blair

William Blair reissued their outperform rating on shares of PowerFleet (NASDAQ:PWFL) in a report published on Wednesday morning, RTT News reports. William Blair also issued estimates for PowerFleet’s Q2 2025 earnings at ($0.01) EPS, Q3 2025 earnings at $0.01 EPS, Q4 2025 earnings at $0.02 EPS and Q1 2026 earnings at $0.05 EPS.

Several other equities analysts have also commented on PWFL. TheStreet raised shares of PowerFleet from a d rating to a c- rating in a research report on Thursday, March 14th. Lake Street Capital boosted their price objective on shares of PowerFleet from $4.00 to $7.00 and gave the company a buy rating in a report on Wednesday, March 13th. Craig Hallum started coverage on PowerFleet in a report on Friday, March 15th. They issued a buy rating and a $9.00 price objective on the stock. Canaccord Genuity Group lifted their target price on PowerFleet from $6.00 to $10.00 and gave the stock a buy rating in a report on Wednesday, March 13th. Finally, Northland Securities began coverage on shares of PowerFleet in a research report on Monday, March 18th. They set an outperform rating and a $7.00 price target for the company. One equities research analyst has rated the stock with a hold rating and eight have given a buy rating to the company’s stock. Based on data from MarketBeat, the company has a consensus rating of Moderate Buy and an average price target of $8.43.

PowerFleet Stock Performance

NASDAQ:PWFL opened at $4.89 on Wednesday. PowerFleet has a 52 week low of $1.64 and a 52 week high of $5.67. The company has a debt-to-equity ratio of 0.12, a current ratio of 1.71 and a quick ratio of 1.28. The firm has a 50 day moving average of $4.05 and a 200 day moving average of $3.14.

PowerFleet (NASDAQ:PWFL) last issued its quarterly earnings data on Tuesday, March 12th. The company reported ($0.13) EPS for the quarter, missing the consensus estimate of ($0.07) by ($0.06). PowerFleet had a negative net margin of 3.86% and a negative return on equity of 6.08%. The business had revenue of $34.50 million for the quarter, compared to analysts’ expectations of $33.23 million. As a group, research analysts predict that PowerFleet will post -0.17 earnings per share for the current fiscal year.

Institutional Investors Weigh In On PowerFleet

A number of hedge funds and other institutional investors have recently made changes to their positions in PWFL. Private Capital Management LLC boosted its holdings in PowerFleet by 10.5% during the fourth quarter. Private Capital Management LLC now owns 5,778,189 shares of the company’s stock worth $19,761,000 after buying an additional 549,495 shares in the last quarter. Pinnacle Associates Ltd. acquired a new stake in shares of PowerFleet during the 1st quarter valued at about $1,377,000. Millrace Asset Group Inc. acquired a new position in PowerFleet in the 4th quarter worth about $754,000. AWM Investment Company Inc. grew its holdings in PowerFleet by 5.2% in the third quarter. AWM Investment Company Inc. now owns 2,974,946 shares of the company’s stock valued at $6,158,000 after purchasing an additional 147,408 shares during the period. Finally, Symmetry Peak Management LLC purchased a new position in shares of PowerFleet during the 4th quarter valued at approximately $479,000. Institutional investors and hedge funds own 73.40% of the company’s stock.

About PowerFleet

PowerFleet, Inc provides wireless Internet-of-Things (IoT) asset management solutions in the United States, Israel, and internationally. The company offers real-time intelligence for organizations to capture IoT data from various types of assets with devices and sensors to increase efficiencies, and improve safety and security, as well as increase their profitability in easy-to-understand reports, dashboards, and real-time alerts; and application programming interfaces for additional integrations and development to boost other enterprise management systems and third-party applications.