PowerFleet, Inc. (AIOT)
Market Cap | 984.14M |
Revenue (ttm) | 292.95M |
Net Income (ttm) | -97.94M |
Shares Out | 132.46M |
EPS (ttm) | -1.02 |
PE Ratio | n/a |
Forward PE | 79.64 |
Dividend | n/a |
Ex-Dividend Date | n/a |
Volume | 1,880,017 |
Open | 7.79 |
Previous Close | 7.69 |
Day's Range | 7.31 - 7.84 |
52-Week Range | 2.86 - 8.71 |
Beta | 1.76 |
Analysts | Strong Buy |
Price Target | 12.33 (+65.95%) |
Earnings Date | Feb 10, 2025 |
About AIOT
PowerFleet, Inc. provides Internet-of-Things solutions in the United States, Israel, and internationally. The company offers SaaS cloud-based applications data from IoT devices and ecosystem of third-party and partner applications to present actionable information for customers 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 enterpris... [Read more]
Financial Performance
In 2023, PowerFleet's revenue was $134.96 million, an increase of 0.92% compared to the previous year's $133.74 million. Losses were -$78.56 million, 353.9% more than in 2023.
Financial numbers in USD Financial StatementsAnalyst Forecast
According to 3 analysts, the average rating for AIOT stock is "Strong Buy." The 12-month stock price forecast is $12.33, which is an increase of 65.95% from the latest price.
News

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 ...

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...

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 Par...

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 ...

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 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, Ja...

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.

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. Americ...

PowerFleet: An Affordable Samsara Competitor
PowerFleet: An Affordable Samsara Competitor

Telematics for Rental and Leasing Fleets Report, 3rd Edition: Geotab, Targa Telematics, OCTO Telematics, CalAmp, Webfleet, Powerfleet, Munic, MySmartObject, Connected Cars and RentalMatics Dominate
Case Studies of telematics activities among 21 car rental and leasing companies. Detailed profiles of 33 companies that serve the rental and leasing companies. Case Studies of telematics activities am...

Powerfleet to Present at Raymond James 2024 TMT & Consumer Conferences
WOODCLIFF LAKE, N.J. , Dec. 6, 2024 /PRNewswire/ -- Powerfleet, Inc. (Nasdaq: AIOT) today announced that management is scheduled to present at the Raymond James 2024 TMT & Consumer Conference on Tuesd...

PowerFleet, Inc. (AIOT) Q2 2025 Earnings Call Transcript
PowerFleet, Inc. (NASDAQ:AIOT) Q2 2025 Earnings Conference Call November 12, 2024 8:30 AM ET Company Participants Carolyn Capaccio - Investor Relations Steve Towe - Chief Executive Officer David Wils...

Powerfleet Reports Second Quarter 2025 Financial Results
Q2 FY25 revenue up 7%, to $77.0 million, and Adjusted EBITDA up 41%, to $14.5 million year-over-year, demonstrating continued strong execution of the immediate business objectives post-MiX combination...

Powerfleet Sets Second Quarter Fiscal 2025 Conference Call for Tuesday, November 12, 2024, at 8:30 a.m. ET
WOODCLIFF LAKE, N.J. , Oct. 30, 2024 /PRNewswire/ -- Powerfleet, Inc. (Nasdaq: AIOT) today announced that it will hold a conference call on Tuesday, November 12, 2024, at 8:30 a.m.

Powerfleet to Host Investor Day on November 20, 2024
WOODCLIFF LAKE, N.J. , Oct. 7, 2024 /PRNewswire/ -- Powerfleet, Inc. (Nasdaq: AIOT) will host an Investor Day with financial analysts and institutional investors on Wednesday, November 20 on location ...

Powerfleet Closes Strategic Acquisition of Fleet Complete
Acquisition Expected to Create a $400m+ Revenue Company, Including $300m+ of Recurring SaaS Revenue, $85m EBITDA, and Significant Expansion Opportunities WOODCLIFF LAKE, N.J. , Oct. 1, 2024 /PRNewswir...

Powerfleet and Fleet Complete to Host Fireside Chat on October 2, 2024
WOODCLIFF LAKE, N.J., Sept. 25, 2024 /PRNewswire/ -- Powerfleet, Inc. (Nasdaq: AIOT) will host a fireside chat with analysts and investors on October 2 at 8.30 a.m.
Overlooked Stock: AIOT
Powerfleet (AIOT) nearly touched its 52-week high on Wednesday after agreeing to acquire Fleet Complete. George Tsilis talks about what makes the move so important for the "artificial-intelligence-of-...

Crude Oil Moves Lower; PowerFleet Shares Spike Higher
U.S. stocks traded lower midway through trading, with the S&P 500 falling around 0.2% on Wednesday.

Powerfleet Announces Strategic Acquisition of Fleet Complete
Expected to Create Industry Powerhouse with Total Revenue Anticipated to Exceed $400 Million Including $300+ Million of Recurring High Margin SaaS Revenue Highly Accretive with $200 Million Transactio...

ABI Research Ranks Powerfleet as the World's No. 1 Commercial Cold Chain Solution
Competitive ranking recognizes Powerfleet's cold chain offering as the global leader in the space, citing its Unity platform as a key differentiator WOODCLIFF LAKE, N.J. , Sept. 17, 2024 /PRNewswire/ ...

Powerfleet Reports First Quarter 2025 Financial Results
Focused execution following the business combination with MiX Telematics evidenced by annual revenue and AEBITDA growth of +10% and +50%, respectively Revenue Grows 10.2% annually to $75.4 million, dr...

Powerfleet Announces Successful Resolution of SEC Comment Letter Involving Non-Cash Accounting Issue
Sets First Quarter Fiscal 2025 Conference Call for Thursday, August 22, 2024, at 8:30 a.m. ET Expects to File Transition Report on Form 10-KT for the transition period ended March 31, 2024 and Quarte...

Powerfleet Announces Receipt of Expected Delinquency Notification Letters from Nasdaq Relating to Non-Compliance with Nasdaq Listing Rule 5250(c)(1)
Submitted response to previously announced SEC comment letter involving non-cash accounting issue; targeting to resolve matter within the month of August WOODCLIFF LAKE, N.J. , Aug. 16, 2024 /PRNewswi...

PowerFleet, Inc. (AIOT) Q1 2025 Earnings Call Transcript
PowerFleet, Inc. (NASDAQ:AIOT) Q1 2025 Earnings Conference Call August 6, 2024 8:30 AM ET Company Participants Steve Towe - Chief Executive Officer David Wilson - Chief Financial Officer Conference C...