PowerFleet, Inc. (PWFL)
NASDAQ: PWFL · IEX Real-Time Price · USD
4.890
+0.100 (2.09%)
At close: May 1, 2024, 4:00 PM
4.820
-0.070 (-1.43%)
After-hours: May 1, 2024, 4:38 PM EDT
PowerFleet Stock Forecast
Stock Price Forecast
The 6 analysts with 12-month price forecasts for PowerFleet stock have an average target of 8.67, with a low estimate of 7.00 and a high estimate of 10. The average target predicts an increase of 77.30% from the current stock price of 4.89.
Analyst Consensus: Strong Buy
Analyst Ratings
The average analyst rating for PowerFleet stock from 7 stock analysts is "Strong Buy". This means that analysts believe this stock is likely to perform very well in the near future and significantly outperform the market.
Recommendation Trends
| Rating | Dec '23 | Jan '24 | Feb '24 | Mar '24 | Apr '24 | May '24 |
|---|---|---|---|---|---|---|
| Strong Buy | 3 | 3 | 3 | 4 | 4 | 4 |
| Buy | 1 | 1 | 1 | 1 | 3 | 3 |
| Hold | 0 | 0 | 0 | 0 | 0 | 0 |
| Sell | 0 | 0 | 0 | 0 | 0 | 0 |
| Strong Sell | 0 | 0 | 0 | 0 | 0 | 0 |
| Total | 4 | 4 | 4 | 5 | 7 | 7 |
Latest Forecasts
| Analyst | Firm | Rating | Rating | Action | Price Target | Upside | Date |
|---|---|---|---|---|---|---|---|
| Barrington Research | Barrington Research | Buy Maintains $7 → $10 | Buy | Maintains | $7 → $10 | +104.50% | Apr 30, 2024 |
| William Blair | William Blair | Buy Initiates n/a | Buy | Initiates | n/a | n/a | Apr 3, 2024 |
| Raymond James | Raymond James | Buy Initiates $7 | Buy | Initiates | $7 | +43.15% | Apr 2, 2024 |
| Craig-Hallum | Craig-Hallum | Strong Buy Initiates $9 | Strong Buy | Initiates | $9 | +84.05% | Mar 15, 2024 |
| Lake Street | Lake Street | Strong Buy Maintains $4 → $7 | Strong Buy | Maintains | $4 → $7 | +43.15% | Mar 13, 2024 |
Financial Forecast
Revenue This Year
136.10M
from 135.16M
Increased by 0.70%
Revenue Next Year
267.57M
from 136.10M
Increased by 96.60%
EPS This Year
-0.26
from -0.34
EPS Next Year
-0.01
from -0.26
Revenue Forecast
| Revenue | 2023 | 2024 | 2025 | 2026 |
|---|---|---|---|---|
| High | 140.9M | 299.2M | 345.7M | 344.9M |
| Avg | 136.1M | 267.6M | 313.6M | 320.6M |
| Low | 130.1M | 240.4M | 277.2M | 294.1M |
Revenue Growth
| Revenue Growth | 2023 | 2024 | 2025 | 2026 |
|---|---|---|---|---|
| High | 4.3% | 119.8% | 29.2% | 10.0% |
| Avg | 0.7% | 96.6% | 17.2% | 2.2% |
| Low | -3.7% | 76.6% | 3.6% | -6.2% |
EPS Forecast
| EPS | 2023 | 2024 | 2025 | 2026 |
|---|---|---|---|---|
| High | -0.20 | 0.13 | 0.42 | 0.11 |
| Avg | -0.26 | -0.01 | 0.22 | 0.10 |
| Low | -0.31 | -0.15 | -0.16 | 0.10 |
EPS Growth
| EPS Growth | 2023 | 2024 | 2025 | 2026 |
|---|---|---|---|---|
| High | - | - | - | -52.5% |
| Avg | - | - | - | -53.8% |
| Low | - | - | - | -55.7% |
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.