Analysts Set Expectations for PowerFleet Q1 Earnings

PowerFleet, Inc. (NASDAQ:AIOT) – Investment analysts at Northland Securities issued their Q1 2027 earnings per share (EPS) estimates for shares of PowerFleet in a report issued on Tuesday, February 10th. Northland Securities analyst G. Gibas expects that the company will post earnings per share of $0.00 for the quarter. The consensus estimate for PowerFleet’s current full-year earnings is ($0.32) per share. Northland Securities also issued estimates for PowerFleet’s Q2 2027 earnings at $0.01 EPS, Q3 2027 earnings at $0.02 EPS, Q4 2027 earnings at $0.02 EPS and FY2027 earnings at $0.05 EPS.

Other equities research analysts also recently issued reports about the stock. Wall Street Zen upgraded shares of PowerFleet from a “sell” rating to a “hold” rating in a research report on Saturday, December 13th. William Blair reaffirmed an “outperform” rating on shares of PowerFleet in a report on Tuesday, November 11th. Barrington Research reiterated an “outperform” rating and set a $15.00 target price on shares of PowerFleet in a research report on Friday, February 6th. Finally, Weiss Ratings restated a “sell (d-)” rating on shares of PowerFleet in a research report on Wednesday, January 21st. Four investment analysts have rated the stock with a Buy rating, one has assigned a Hold rating and one has issued a Sell rating to the company’s stock. Based on data from MarketBeat, the stock has a consensus rating of “Moderate Buy” and a consensus target price of $10.33.

PowerFleet Stock Performance

NASDAQ AIOT opened at $4.17 on Wednesday. The firm has a 50-day moving average price of $5.28 and a two-hundred day moving average price of $5.01. PowerFleet has a 12-month low of $3.70 and a 12-month high of $8.71. The company has a market capitalization of $558.03 million, a P/E ratio of -18.13 and a beta of 1.33. The company has a quick ratio of 0.93, a current ratio of 1.07 and a debt-to-equity ratio of 0.49.

PowerFleet (NASDAQ:AIOT) last released its quarterly earnings results on Monday, February 9th. The company reported $0.02 EPS 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 5.31%. The business had revenue of $113.49 million during the quarter, compared to analyst estimates of $111.69 million.

Institutional Inflows and Outflows

Several large investors have recently bought and sold shares of AIOT. Kopion Asset Management LLC increased its stake in shares of PowerFleet by 101.7% in the third quarter. Kopion Asset Management LLC now owns 1,553,700 shares of the company’s stock valued at $8,141,000 after buying an additional 783,501 shares during the period. Dynamic Technology Lab Private Ltd boosted its holdings in PowerFleet by 135.4% in the second quarter. Dynamic Technology Lab Private Ltd now owns 107,776 shares of the company’s stock valued at $465,000 after acquiring an additional 61,992 shares during the last quarter. Private Management Group Inc. increased its position in PowerFleet by 29.3% during the 2nd quarter. Private Management Group Inc. now owns 4,884,151 shares of the company’s stock valued at $21,051,000 after purchasing an additional 1,105,673 shares during the period. Geode Capital Management LLC raised its holdings in PowerFleet by 13.3% during the 2nd quarter. Geode Capital Management LLC now owns 2,932,054 shares of the company’s stock worth $12,639,000 after purchasing an additional 343,580 shares during the last quarter. Finally, Voss Capital LP lifted its position in shares of PowerFleet by 104.3% in the 2nd quarter. Voss Capital LP now owns 5,559,491 shares of the company’s stock worth $23,961,000 after purchasing an additional 2,838,900 shares during the period. 73.40% of the stock is 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.