PowerFleet, Inc. (AIOT)

NASDAQ: AIOT · Real-Time Price · USD
3.130
-0.050 (-1.57%)
Apr 28, 2026, 2:40 PM EDT - Market open
-1.57%
Market Cap 417.76M
Revenue (ttm) 432.93M
Net Income (ttm) -30.33M
Shares Out 133.47M
EPS (ttm) -0.23
PE Ratio n/a
Forward PE 99.53
Dividend n/a
Ex-Dividend Date n/a
Volume 1,296,304
Open 3.170
Previous Close 3.180
Day's Range 3.040 - 3.200
52-Week Range 2.775 - 6.065
Beta 1.39
Analysts Strong Buy
Price Target 10.33 (+230.03%)
Earnings Date Jun 15, 2026

About AIOT

PowerFleet, Inc. provides artificial intelligence-of-things (AIoT) solutions in North America, Israel, Africa, Europe, the Middle East, Australia, and internationally. Its unity solution portfolio includes unity platform that enables integration with AIoT devices and third-party business systems to a data highway that powers artificial intelligence-driven insights to help customers save lives, time, and money; software as a service based unity modules, which comprises vehicle, video, and in-warehouse IoT for customers to gain visibility and AI-... [Read more]

Sector Technology
Founded 1993
Employees 2,518
Stock Exchange NASDAQ
Ticker Symbol AIOT
Full Company Profile

Financial Performance

In fiscal year 2025, PowerFleet's revenue was $362.52 million, an increase of 169.28% compared to the previous year's $134.63 million. Losses were -$51.01 million, 31.4% more than in 2024.

Financial Statements

Analyst Forecast

According to 3 analysts, the average rating for AIOT stock is "Strong Buy." The 12-month stock price target is $10.33, which is an increase of 230.03% from the latest price.

Price Target
$10.33
(230.03% upside)
Analyst Consensus: Strong Buy
Stock Forecasts

News

Powerfleet Launches Advanced AI Video SaaS Solution with TELUS, Amplifying North American Growth Drive

Enterprise and mid-market launch expands high-value AI video SaaS capabilities and strengthens recurring revenue opportunities. WOODCLIFF LAKE, N.J.

Other symbols: TU
1 day ago - PRNewsWire

PowerFleet Transcript: The 38th Annual Roth Conference

Management highlighted successful integration of acquisitions, strong double-digit growth, and a robust AI-driven product strategy. FY 2027 is targeted for free cash flow and debt reduction, with major contracts and pipeline expansion supporting optimism. Board refresh and market valuation disconnect were also discussed.

5 weeks ago - Transcripts

Powerfleet to Present at the 38th Annual Roth Conference

WOODCLIFF LAKE, N.J., March 19, 2026 /PRNewswire/ -- Powerfleet, Inc. (Nasdaq: AIOT) today announced that management is scheduled to meet with investors at the 38th Annual Roth Conference on Monday an...

5 weeks ago - PRNewsWire

PowerFleet Earnings Call Transcript: Q3 2026

Q3 delivered strong recurring revenue and profitability growth, highlighted by a landmark South African public sector contract expected to drive significant multi-year SaaS revenue. Integration is complete, guidance remains robust, and investments are focused on scaling for accelerated growth.

2 months ago - Transcripts

Powerfleet Reports Robust Q3 Recurring Revenue Growth With 11% Year-Over-Year Increase in Services Revenue

Total revenue increased 7% year-over-year to a record $113.5 million from $106.4 million in Q3 FY25 Services revenue increased 11% to $91.1 million from $81.7 million in Q3FY25 Operating profit of $6....

2 months ago - PRNewsWire

Powerfleet Secures Major Public Sector Contract for South Africa Government Fleets

Asset Estate in Excess of 100,000 Vehicles Significantly Expands Powerfleet's Partnership with MTN WOODCLIFF LAKE, N.J., Feb. 9, 2026 /PRNewswire/ -- Powerfleet, Inc. (NASDAQ: AIOT), a provider of AIo...

2 months ago - PRNewsWire

Powerfleet Announces Andrew Martin as New Chairman

WOODCLIFF LAKE, N.J., Feb. 3, 2026 /PRNewswire/ -- Powerfleet, Inc. (Nasdaq: AIOT), a global leader in the artificial intelligence of things (AIoT) SaaS mobile asset industry, today announced a board ...

3 months ago - PRNewsWire

Powerfleet Sets Third Quarter Fiscal 2026 Conference Call for Monday, February 9, 2026, at 8:30 a.m. ET

WOODCLIFF LAKE, N.J., Jan. 26, 2026 /PRNewswire/ -- Powerfleet, Inc. (Nasdaq: AIOT) today announced that it will hold a conference call on Monday, February 9, 2026, at 8:30 a.m.

3 months ago - PRNewsWire

Powerfleet to Attend the 28th Annual Needham Growth Conference

WOODCLIFF LAKE, N.J., Jan. 9, 2026 /PRNewswire/ -- Powerfleet, Inc. (Nasdaq: AIOT) today announced that management is scheduled to attend the 28th Annual Needham Growth Conference on Thursday, January...

3 months ago - PRNewsWire

PowerFleet Transcript: Raymond James TMT and Consumer Conference

Significant transformation was achieved through major acquisitions, driving revenue and EBITDA growth, with organic services revenue up 12% year-over-year. The Unity platform and channel partnerships are fueling expansion, while management sees current valuation as an opportunity for investors.

5 months ago - Transcripts

Powerfleet to Attend December Investor Conferences

WOODCLIFF LAKE, N.J. , Dec. 4, 2025 /PRNewswire/ -- Powerfleet, Inc. (Nasdaq: AIOT) today announced that management is scheduled to attend the following December 2025 investor conferences to discuss P...

5 months ago - PRNewsWire

Powerfleet to Attend Fall New York 2025 Investor Conferences

WOODCLIFF LAKE, N.J. , Nov. 14, 2025 /PRNewswire/ -- Powerfleet, Inc. (Nasdaq: AIOT) today announced that management is scheduled to attend fall 2025 New York investor conferences to meet with investo...

5 months ago - PRNewsWire

PowerFleet Transcript: Investor Event 2025

Unity’s AI-powered platform is driving a major transformation, unifying data and operations for safety, compliance, and efficiency across industries. Financial guidance points to strong revenue and margin growth through FY2027, with high customer ROI and rapid expansion via strategic partnerships and modular solutions.

5 months ago - Transcripts

PowerFleet Earnings Call Transcript: Q2 2026

Q2 2026 delivered record revenue and EBITDA growth, driven by double-digit recurring services growth, successful integration synergies, and strong enterprise wins. Margins expanded, debt ratios improved, and guidance remains for continued double-digit growth into 2027.

6 months ago - Transcripts

Powerfleet Reports Q2 FY26 Financial Results with 7% Quarterly Sequential Increase in Total Revenue

Total revenue of $111.7 million, an increase of 45% in total and 9% organically year-over-year from $77.0M in Q2 FY25. Services revenue of $89.3 million, an increase of 57% in total and 12% organicall...

6 months ago - PRNewsWire

Powerfleet Wins Frost & Sullivan 2025 North America Product Leadership Award

WOODCLIFF LAKE, N.J. , Nov. 10, 2025 /PRNewswire/ -- Powerfleet, Inc. (Nasdaq: AIOT), a global leader in the artificial intelligence of things (AIoT) software-as-a-service (SaaS) mobile asset industry...

6 months ago - PRNewsWire

Powerfleet Sets Second Quarter Fiscal 2026 Conference Call for Monday, November 10, 2025, at 8:30 a.m. ET

WOODCLIFF LAKE, N.J. , Oct. 27, 2025 /PRNewswire/ -- Powerfleet, Inc. (Nasdaq: AIOT) today announced that it will hold a conference call on Monday, November 10, 2025, at 8:30 a.m.

6 months ago - PRNewsWire

Powerfleet Appoints Jeff Lautenbach as Chief Revenue Officer to Amplify Accelerated SaaS Revenue Growth

WOODCLIFF LAKE, N.J. , Oct. 7, 2025 /PRNewswire/ -- Powerfleet, Inc. (Nasdaq: AIOT), a global leader in the artificial intelligence of things (AIoT) SaaS mobile asset industry, announces Jeff Lautenba...

7 months ago - PRNewsWire

Powerfleet to Host Unity Innovation Event on November 14, 2025

WOODCLIFF LAKE, N.J. , Sept. 29, 2025 /PRNewswire/ -- Powerfleet, Inc. (Nasdaq: AIOT), a global leader in the artificial intelligence of things (AIoT) SaaS mobile asset industry, today announced it wi...

7 months ago - PRNewsWire

Powerfleet Unity Wins Coveted Innovation Award at Europe's Largest Materials Handling Event

WOODCLIFF LAKE, N.J. , Sept. 25, 2025 /PRNewswire/ -- Powerfleet, Inc. (Nasdaq: AIOT), a global leader in the artificial intelligence of things (AIoT) software-as-a-service (SaaS) mobile asset industr...

7 months ago - PRNewsWire

Powerfleet to Attend the Barrington Research Virtual Fall Investment Conference

WOODCLIFF LAKE, N.J. , Sept. 12, 2025 /PRNewswire/ -- Powerfleet, Inc. (Nasdaq: AIOT) today announced that management is scheduled to attend the Barrington Research Virtual Fall Investment Conference ...

8 months ago - PRNewsWire

US Construction Leader Wright Brothers Selects Powerfleet Unity to Advance On-Road Safety with Leading AI Video SaaS Solution

New Deployment Reduces Risk, Enhances Driver Culture, and Strengthens Employee Safety WOODCLIFF LAKE, N.J. , Sept. 2, 2025 /PRNewswire/ -- Powerfleet, Inc. (Nasdaq: AIOT), a global leader in the artif...

8 months ago - PRNewsWire

PowerFleet Earnings Call Transcript: Q1 2026

Q1 saw record SaaS and services revenue, strong margin expansion, and major new partnerships, notably with MTN. The company is on track for $18M in annualized savings, expects SaaS to exceed 85% of revenue, and maintains a positive outlook despite macro and tariff headwinds.

9 months ago - Transcripts

Powerfleet Drives SaaS Flywheel in Q1 FY2026: 6% Sequential Services Growth, Margin Expansion, and Strong Progress Towards Achieving its EBITDA Expansion Targets

Quarterly services revenue jumped by 6% sequentially to $86.5 million, increasing from $81.8 million in Q4'25. Total revenue grew by 38% year-over-year to $104.1million driven by strength in services ...

9 months ago - PRNewsWire

Powerfleet Announces New Major Partnership with MTN Business to Scale AIoT Adoption Across Extensive Enterprise Operations

Combined Platform and Connectivity Strength Unlocks Predictive, AI and Data-Led Intelligence for Fixed and Mobile Operations WOODCLIFF LAKE, N.J. , Aug. 11, 2025 /PRNewswire/ -- Powerfleet, Inc. (Nasd...

9 months ago - PRNewsWire