Northland Securities Estimates PowerFleet FY2026 Earnings

PowerFleet, Inc. (NASDAQ:AIOT) – Analysts at Northland Securities increased their FY2026 EPS estimates for shares of PowerFleet in a report issued on Tuesday, February 10th. Northland Securities analyst G. Gibas now anticipates that the company will post earnings of ($0.14) per share for the year, up from their previous estimate of ($0.16). The consensus estimate for PowerFleet’s current full-year earnings is ($0.32) per share.

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

PowerFleet Stock Performance

NASDAQ AIOT opened at $3.60 on Friday. The firm has a market capitalization of $482.94 million, a P/E ratio of -15.65 and a beta of 1.33. The company has a current ratio of 1.09, a quick ratio of 0.93 and a debt-to-equity ratio of 0.48. The firm’s fifty day moving average price is $5.23 and its two-hundred day moving average price is $5.00. PowerFleet has a 1 year low of $3.59 and a 1 year high of $8.26.

PowerFleet (NASDAQ:AIOT) last issued 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 5.23%. The company had revenue of $113.49 million for the quarter, compared to analyst estimates of $111.69 million.

Hedge Funds Weigh In On PowerFleet

Several institutional investors and hedge funds have recently modified their holdings of the business. MIRAE ASSET GLOBAL ETFS HOLDINGS Ltd. increased its position in PowerFleet by 1.4% during the second quarter. MIRAE ASSET GLOBAL ETFS HOLDINGS Ltd. now owns 206,082 shares of the company’s stock worth $888,000 after acquiring an additional 2,871 shares during the period. Connors Investor Services Inc. increased its holdings in shares of PowerFleet by 5.7% during the fourth quarter. Connors Investor Services Inc. now owns 56,000 shares of the company’s stock worth $298,000 after purchasing an additional 3,000 shares during the period. Spire Wealth Management raised its position in shares of PowerFleet by 39.6% in the second quarter. Spire Wealth Management now owns 12,750 shares of the company’s stock valued at $55,000 after buying an additional 3,620 shares in the last quarter. Ameritas Investment Partners Inc. boosted its stake in shares of PowerFleet by 43.2% in the second quarter. Ameritas Investment Partners Inc. now owns 12,692 shares of the company’s stock valued at $55,000 after buying an additional 3,826 shares during the period. Finally, ProShare Advisors LLC boosted its stake in shares of PowerFleet by 17.7% in the second quarter. ProShare Advisors LLC now owns 25,489 shares of the company’s stock valued at $110,000 after buying an additional 3,833 shares during the period. 73.40% of the stock is currently owned by institutional investors and hedge funds.

Key PowerFleet News

Here are the key news stories impacting PowerFleet this week:

• Positive Sentiment: Northland Securities raised several forward EPS estimates, lifting FY‑2027 from $0.03 to $0.05 and nudging Q4 2026 from ($0.02) to ($0.01). Upward revisions for FY‑2027 and quarterly forecasts signal analyst confidence in an earnings recovery beyond the most recent quarter. Northland estimates
• Neutral Sentiment: Northland published a detailed cadence for 2027 (Q1: $0.00, Q2: $0.01, Q3: $0.02, Q4: $0.02) that implies gradual margin and profitability improvement rather than a near‑term surge — useful for modeling but not an immediate catalyst. Northland estimates
• Negative Sentiment: Market reaction to the most recent quarter (reported Feb 9) has been negative: EPS missed consensus and the firm showed negative margins, triggering a sell‑off. Coverage noted shares fell following the weak earnings print. Elevated trading volume suggests stronger conviction behind the move. PowerFleet Shares Down After Weak Earnings

PowerFleet Company Profile

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.