PowerFleet, Inc. (AIOT)
Market Cap | 937.80M |
Revenue (ttm) | 221.07M |
Net Income (ttm) | -90.10M |
Shares Out | 132.08M |
EPS (ttm) | -1.26 |
PE Ratio | n/a |
Forward PE | 37.97 |
Dividend | n/a |
Ex-Dividend Date | n/a |
Volume | 1,365,166 |
Open | 6.78 |
Previous Close | 6.83 |
Day's Range | 6.72 - 7.14 |
52-Week Range | 2.85 - 7.38 |
Beta | 1.76 |
Analysts | Buy |
Price Target | 12.50 (+76.06%) |
Earnings Date | Jan 7, 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 2 analysts, the average rating for AIOT stock is "Buy." The 12-month stock price forecast is $12.5, which is an increase of 76.06% from the latest price.
News
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...
Powerfleet Announces Preliminary Financial Results for First Quarter of Fiscal 2025; Raises Fiscal 2025 Annual Guidance
Outpaces Expectations with 10% Preliminary Pro Forma Annual Revenue Growth to Approximately $75 Million Subscriber Count Increases Year-over-Year by 11% to 1.95 Million Cost Synergies and EBITDA Growt...
Powerfleet Sets First Quarter Fiscal 2025 Conference Call for Thursday, August 8, 2024, at 8:30 a.m. ET
WOODCLIFF LAKE, N.J. , July 30, 2024 /PRNewswire/ -- Powerfleet, Inc. (Nasdaq: AIOT) today announced that it will hold a conference call on Thursday, August 8, 2024, at 8:30 a.m.
Powerfleet Appoints Deloitte & Touche as Independent Auditor
Reiterates Revenue and Adjusted EBITDA Guidance for Twelve Months Ending March 31, 2024 and 2025 WOODCLIFF LAKE, N.J. , July 25, 2024 /PRNewswire/ -- Powerfleet , Inc. (Nasdaq: AIOT) today announced t...