PowerFleet (AIOT) Projected to Announce Quarterly Earnings on Monday

PowerFleet (NASDAQ:AIOT) is projected to announce its Q1 2027 results before the market opens on Monday, August 10th. Analysts expect PowerFleet to post earnings of $0.02 per share and revenue of $115.5310 million for the quarter. Individuals can find conference call details on the company’s upcoming Q1 2027 earning results page for the latest details on the call scheduled for Monday, August 10, 2026 at 8:30 AM ET.

PowerFleet Price Performance

Shares of NASDAQ AIOT opened at $3.92 on Monday. The firm’s fifty day moving average is $4.00 and its 200 day moving average is $3.83. PowerFleet has a 52 week low of $2.78 and a 52 week high of $5.88. The company has a quick ratio of 0.99, a current ratio of 1.13 and a debt-to-equity ratio of 0.48. The company has a market cap of $526.18 million, a price-to-earnings ratio of -24.50 and a beta of 1.43.

PowerFleet announced that its Board of Directors has authorized a stock buyback plan on Tuesday, June 30th that permits the company to buyback $30.00 million in shares. This buyback authorization permits the company to buy up to 6% of its shares through open market purchases. Shares buyback plans are generally a sign that the company’s leadership believes its stock is undervalued.

Institutional Trading of PowerFleet

Several large investors have recently added to or reduced their stakes in AIOT. Kemnay Advisory Services Inc. purchased a new position in PowerFleet during the 4th quarter valued at $48,000. BNP Paribas Financial Markets lifted its position in shares of PowerFleet by 100.9% in the 2nd quarter. BNP Paribas Financial Markets now owns 11,756 shares of the company’s stock worth $51,000 after purchasing an additional 5,904 shares during the period. Mercer Global Advisors Inc. ADV purchased a new stake in shares of PowerFleet in the 4th quarter worth about $63,000. CIBC Bancorp USA Inc. bought a new stake in shares of PowerFleet during the 3rd quarter valued at about $69,000. Finally, Prudential Financial Inc. bought a new stake in shares of PowerFleet during the 2nd quarter valued at about $65,000. Institutional investors own 73.40% of the company’s stock.

Wall Street Analysts Forecast Growth

A number of equities analysts have issued reports on the stock. Wall Street Zen upgraded shares of PowerFleet from a “sell” rating to a “hold” rating in a research report on Saturday, May 9th. UBS Group set a $7.00 target price on shares of PowerFleet in a report on Tuesday, June 16th. Weiss Ratings cut PowerFleet from a “hold (c-)” rating to a “sell (d-)” rating in a research note on Tuesday, June 16th. Finally, Raymond James Financial reduced their price target on PowerFleet from $8.00 to $7.00 and set an “outperform” rating on the stock in a report on Tuesday, June 16th. Three equities research 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. Based on data from MarketBeat.com, PowerFleet has an average rating of “Hold” and an average target price of $9.67.

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.