PowerFleet (NASDAQ:AIOT – Get Free Report) is projected to release its Q2 2027 results before the market opens on Monday, November 9th. Analysts expect the company to post earnings of ($0.0240) per share and revenue of $114.92 million for the quarter. Individuals can find conference call details on the company’s upcoming Q2 2027 earnings results page for the latest details on the call scheduled for Monday, November 9, 2026 at 8:30 AM ET.
PowerFleet (NASDAQ:AIOT – Get Free Report) last announced its earnings results on Monday, August 10th. The company reported ($0.01) EPS for the quarter, beating analysts’ consensus estimates of ($0.02) by $0.01. The business had revenue of $110.79 million for the quarter, compared to analysts’ expectations of $115.54 million. PowerFleet had a negative net margin of 4.16% and a positive return on equity of 0.48%. On average, analysts expect PowerFleet to post $0.10 EPS for the current fiscal year and $0.22 EPS for the next fiscal year.
PowerFleet Price Performance
AIOT opened at $2.89 on Monday. The company has a debt-to-equity ratio of 0.48, a current ratio of 1.10 and a quick ratio of 0.96. PowerFleet has a 12 month low of $2.29 and a 12 month high of $5.88. The stock has a market capitalization of $387.91 million, a P/E ratio of -20.64 and a beta of 1.40. The business has a 50 day simple moving average of $2.82 and a 200-day simple moving average of $3.54.
Wall Street Analysts Forecast Growth
AIOT has been the subject of several analyst reports. Northland Securities set a $7.00 price target on PowerFleet in a report on Tuesday, August 11th. Raymond James Financial lowered PowerFleet from an “outperform” rating to a “market perform” rating in a research note on Tuesday, August 11th. Zacks Research upgraded shares of PowerFleet from a “strong sell” rating to a “hold” rating in a report on Monday, October 12th. Wall Street Zen downgraded shares of PowerFleet from a “hold” rating to a “sell” rating in a research report on Saturday, August 15th. Finally, Craig Hallum reduced their price objective on PowerFleet from $9.00 to $6.00 and set a “buy” rating on the stock in a research note on Tuesday, August 11th. Three research analysts have rated the stock with a Buy rating, two have given a Hold rating and one has assigned a Sell rating to the company. According to data from MarketBeat.com, the company currently has an average rating of “Hold” and a consensus target price of $7.40.
Check Out Our Latest Analysis on PowerFleet
PowerFleet Company Profile
Powerfleet, Inc provides connected-vehicle and asset-management solutions designed to help organizations monitor, manage and optimize mobile assets. Its platform combines Internet of Things (IoT) connectivity, telematics, location tracking and analytics to deliver visibility into vehicles, equipment, cargo and other assets.
The company’s products and services support fleet management, driver safety, vehicle and equipment utilization, maintenance, logistics and supply-chain operations. Powerfleet serves a range of industries, including transportation, logistics, commercial fleets, rental and leasing, construction, manufacturing and other organizations that rely on mobile assets.
Powerfleet has expanded its capabilities through acquisitions and business combinations, including its 2019 acquisition of Pointer Telocation and its 2024 combination with MiX Telematics.
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