AIOT · NASDAQ · Software - Infrastructure

PowerFleet (AIOT)

Connects mobile assets and fleet operations through a hardware-agnostic AIoT platform.

$2.94
vs last close+0.09 (+2.98%)
Loading prices…

PowerFleet, Inc.AIOT
Information Technology

Sells AIoT software, connected hardware, and related services for road, warehouse, and yard assets through Unity. Revenue mixes device sales with recurring subscriptions and implementation services, shaped by integration across acquired fleet and asset-tracking businesses.

Connects road, warehouse, and yard assets through Unity, combining camera, ELD, sensor, forklift, cargo, and other IoT data into one shared operating view.

Revenue comes from hardware-device sales and from recurring subscription, implementation, and other services across a single wireless AIoT asset-management segment. The business has been built through Pointer, MiX Telematics, and Fleet Complete, giving it a broad international footprint.

Execution depends on keeping acquired products and data aligned around a hardware-agnostic platform while turning connected operations, video safety, analytics, and asset tracking into repeatable SaaS and service revenue.

Company facts

CEOSteve Towe
ListedJul 1, 2024
ExchangeNASDAQ
HeadquartersWoodcliff Lake, NJ
CountryUnited States
Employees2,658
CIK0001774170
ISINUS73931J1097

Market cap$382.5M
EPS (ttm)−$0.1371
P/E (ttm)−20.79
ROE-3.9%
P/B0.7927
P/S0.8493
Dividend yieldDiv yield
Beta2.22vs XLK −0.37

Price target$7.00+145.6%Average of 6 analysts
ConsensusBuy6 of 6 analysts
Ratings

Target rangeAs of Sep 21, 2026

Latest analyst notes

DateFirmActionPriorCurrent
Aug 11, 2026Northland SecuritiesTarget
Target:
Target: $7
Aug 11, 2026Craig-HallumReiterate
Rating: Target: $9
Rating: BuyTarget: $6
Aug 11, 2026Raymond JamesDowngrade
Rating: Outperform
Rating: Market Perform
Aug 10, 2026BarringtonTarget
Target:
Target: $10
Jun 16, 2026UBSTarget
Target:
Target: $7

Next report
Nov 9, 26
in 48 days
EPS estimate
−$0.02
Revenue estimate
$114.9M
Fiscal quarter
Q2 FY27

EPSReportedEstimate

Feb '25Jun '25Aug '25Nov '25Feb '26Jun '26Aug '26Nov '26
Reported−$0.11−$0.09−$0.08−$0.03$0.02−$0.02−$0.01Pending
Estimate$0.02−$0.02$0.01$0.05$0.02$0.00−$0.02−$0.02
Surprise−650.0%−350.0%−900.0%−160.0%−11.1%+33.3%

RevenueReportedEstimate

Feb '25Jun '25Aug '25Nov '25Feb '26Jun '26Aug '26Nov '26
Reported$106.4M$103.6M$104.1M$111.7M$113.5M$114.5M$110.8MPending
Estimate$99.2M$103.6M$103.2M$105.5M$111.7M$113.0M$115.5M$114.9M
Surprise+7.3%0.0%+0.9%+5.9%+1.6%+1.3%−4.1%
Estimate−$0.02
ReportedDue Nov 9, 2026
Estimate$114.9M
ReportedDue Nov 9, 2026
View details

Debt to equity61.30%
Current ratio109.80%

ProfitabilityRevenueNet incomeNet margin

Q2 FY25Q3 FY25Q4 FY25Q1 FY26Q2 FY26Q3 FY26Q4 FY26Q1 FY27
Revenue$77.0M$106.4M$103.6M$104.1M$111.7M$113.5M$114.5M$110.8M
Net income−$1.9M−$14.3M−$12.4M−$10.2M−$4.3M−$3.4M−$2.7M−$8.4M
Net margin0.0%0.0%0.0%0.0%0.0%0.0%0.0%0.0%

GrowthOperating income

Q2 FY25Q3 FY25Q4 FY25Q1 FY26Q2 FY26Q3 FY26Q4 FY26Q1 FY27
Operating income$573.0K−$1.2M−$7.0M−$2.0M$4.2M$6.3M$11.0M$270.0K
YoY growthTurned profitLoss narrowedLoss narrowedLoss narrowed+640.7%Turned profitTurned profitTurned profit

Balance sheet, Jun 30, 2026Cash & short-term investments $32.8M · Total debt $295.6M · Total assets $962.6M · Shareholders' equity $482.6M

Revenue
$110.8M
Operating income
$270.0K
Net income
−$8.4M
View details

No dividends on record.

Institutions86.54%116.16M shares
189 holders · as of Jun 30, 2026
Insiders3.55%4.76M shares
9 holders · as of Sep 18, 2026
Other9.91%13.30M shares
remainder

134.23M company shares as of Sep 22, 2026 · institutions as of Jun 30, 2026 · holders as of their latest filing

Top shareholders13F · 13D/G · Form 4

HolderStakeSharesDate
BlackRock, Inc.Institution
7.68%10.31Mas of Jun 30, 2026
Private Capital Management, LLCInstitution
5.56%7.46Mas of Jun 30, 2026
Disciplined Growth Investors Inc /MNInstitution
4.66%6.26Mas of Jun 30, 2026
Private Management Group IncInstitution
4.27%5.73Mas of Jun 30, 2026
Royce & Associates LPInstitution
4.13%5.54Mas of Jun 30, 2026

Insider tradesForm 4

No open-market trades in the last 12 months.

View details

  • Samsara

    Broad connected-operations rival in telematics, video, and assets

  • Verizon

    Scaled fleet-management rival with tracking, video, and compliance

  • Karooooo

    Operational-intelligence rival in fleet, asset, and safety SaaS

Compare

CompanyPriceChange
PowerFleet$2.94+2.98%$382.5M66.50.8+6.4%
Samsara$38.20+0.39%$21.96B236.645.111.9+29.9%
Verizon$46.42−2.65%$199.09B12.49.11.4−0.7%
Karooooo$64.37−1.62%$2.02B32.233.05.7+36.0%
Median32.233.05.7+29.9%