PowerFleet, Inc. (PWFL)
NASDAQ: PWFL · IEX Real-Time Price · USD
4.060
-0.170 (-4.02%)
At close: Apr 16, 2024, 4:00 PM
4.100
+0.040 (0.99%)
After-hours: Apr 16, 2024, 7:54 PM EDT

PowerFleet Stock Forecast

Stock Price Forecast

The 6 analysts with 12-month price forecasts for PowerFleet stock have an average target of 8.17, with a low estimate of 7.00 and a high estimate of 10. The average target predicts an increase of 101.23% from the current stock price of 4.06.

Analyst Consensus: Strong Buy
Target Low Average Median High
Price $7.00 $8.17 $9.00 $10
Change +72.41% +101.23% +121.67% +146.31%

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 Nov '23Dec '23Jan '24Feb '24Mar '24Apr '24
Strong Buy 333344
Buy 111113
Hold 000000
Sell 000000
Strong Sell 000000
Total 444457

Latest Forecasts

Analyst Firm Rating Rating Action Price Target Upside Date
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 +72.41% Apr 2, 2024
Craig-Hallum
Craig-Hallum
Strong Buy
Initiates
$9
Strong Buy Initiates $9 +121.67% Mar 15, 2024
Lake Street
Lake Street
Strong Buy
Maintains
$4$7
Strong Buy Maintains $4$7 +72.41% Mar 13, 2024
Canaccord Genuity
Canaccord Genuity
Strong Buy
Maintains
$6$10
Strong Buy Maintains $6$10 +146.31% Mar 13, 2024
More Analyst Ratings

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
Year 201820192020202120222023202420252026
Revenue
53.06M81.92M113.59M126.21M135.16M136.10M267.57M313.55M320.57M
Revenue Growth
29.56%54.37%38.67%11.11%7.09%0.70%96.60%17.18%2.24%
EPS
-0.34-0.59-0.46-0.52-0.34-0.26-0.010.220.10
EPS Growth
---------53.85%
No. Analysts -----5883
Historical EPS numbers are GAAP, while forecasted numbers may be non-GAAP.

Revenue Forecast

Revenue 2023202420252026
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 2023202420252026
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 2023202420252026
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 2023202420252026
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.