PowerFleet, Inc. (AIOT)
NASDAQ: AIOT · Real-Time Price · USD
6.53
+0.15 (2.35%)
Dec 20, 2024, 4:00 PM EST - Market closed

PowerFleet Stock Forecast

Stock Price Forecast

The 2 analysts with 12-month price forecasts for PowerFleet stock have an average target of 12.5, with a low estimate of 10 and a high estimate of 15. The average target predicts an increase of 91.42% from the current stock price of 6.53.

Analyst Consensus: Buy
Target Low Average Median High
Price $10 $12.5 $15 $15
Change +53.14% +91.42% +129.71% +129.71%
* Price targets were last updated on Nov 22, 2024.

Analyst Ratings

The average analyst rating for PowerFleet stock from 2 stock analysts is "Buy". This means that analysts believe this stock is likely to outperform the market over the next twelve months.

Recommendation Trends

Rating Aug '24Sep '24Oct '24Nov '24Dec '24
Strong Buy 00000
Buy 11122
Hold 00000
Sell 00000
Strong Sell 00000
Total 11122

Latest Forecasts

Analyst Firm Rating Rating Action Price Target Upside Date
Barrington Research
Barrington Research
Buy
Maintains
$10$15
Buy Maintains $10$15 +129.71% Nov 22, 2024
Northland Capital Markets
Northland Capital Markets
Buy
Maintains
$8$10
Buy Maintains $8$10 +53.14% Nov 22, 2024
Barrington Research
Barrington Research
Buy
Maintains
$10
Buy Maintains $10 +53.14% Nov 14, 2024
Barrington Research
Barrington Research
Buy
Maintains
$10
Buy Maintains $10 +53.14% Nov 11, 2024
Barrington Research
Barrington Research
Buy
Maintains
$10
Buy Maintains $10 +53.14% Oct 3, 2024
More Analyst Ratings

Financial Forecast

Revenue This Year
359.50M
from 134.96M
Increased by 166.38%
Revenue Next Year
445.23M
from 359.50M
Increased by 23.85%
EPS This Year
-0.17
from -2.20
EPS Next Year
0.26
from -0.17
Fiscal Year FY 2020 FY 2021 FY 2022 FY 2023 FY 2024 FY 2025 FY 2026 FY 2027
Period Ending Dec 31, 2020 Dec 31, 2021 Dec 31, 2022 Dec 31, 2023 Mar 31, 2024 Mar 31, 2025 Mar 31, 2026 Mar 31, 2027
Revenue
113.59M125.96M135.91M133.74M134.96M359.50M445.23M489.28M
Revenue Growth
38.67%10.89%7.90%-1.60%0.92%166.38%23.85%9.89%
EPS
-0.46-0.64-0.48-0.49-2.20-0.170.260.26
EPS Growth
--------1.96%
Forward PE
------25.1125.61
No. Analysts -----883
Historical EPS numbers are GAAP, while forecasted numbers may be non-GAAP.

Revenue Forecast

Revenue 202520262027
High 373.2M 472.5M 519.0M
Avg 359.5M 445.2M 489.3M
Low 337.9M 408.2M 455.8M

Revenue Growth

Revenue Growth 202520262027
High
176.5%
31.4%
16.6%
Avg
166.4%
23.8%
9.9%
Low
150.3%
13.5%
2.4%

EPS Forecast

EPS 202520262027
High -0.07 0.47 0.26
Avg -0.17 0.26 0.26
Low -0.29 -0.05 0.25

EPS Growth

EPS Growth 202520262027
High - -
0.9%
Avg - -
-2.0%
Low - -
-5.8%
Sources: Price targets and analyst ratings provided by Benzinga. Revenue and EPS forecast data provided by Finnhub. The data is sourced from Wall Street analysts. Data disclaimer.