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NASDAQ:AIOT

PowerFleet (AIOT) Stock Price, News & Analysis

PowerFleet logo
$3.04 +0.02 (+0.66%)
As of 08/21/2026 04:00 PM Eastern

About PowerFleet Stock (NASDAQ:AIOT)

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Key Stats

Today's Range
$2.95
$3.08
50-Day Range
$2.84
$4.41
52-Week Range
$2.78
$5.88
Volume
1.56 million shs
Average Volume
2.45 million shs
Market Capitalization
$408.06 million
P/E Ratio
N/A
Dividend Yield
N/A
Price Target
$7.40
Consensus Rating
Hold

Company Overview

PowerFleet, Inc. (NASDAQ: AIOT) develops and delivers Internet of Things (IoT)–based telematics and asset-tracking solutions designed to help businesses monitor, manage and optimize fleets of vehicles and industrial equipment. Its core offerings include wireless sensors, GPS tracking devices and cloud-hosted software platforms that provide real-time visibility into vehicle whereabouts, usage patterns, fuel consumption and maintenance needs. The company’s systems also support regulatory compliance and safety monitoring, enabling customers to reduce operational costs, minimize theft and improve overall asset utilization.

The company’s hardware portfolio features RFID readers, active and passive tags, onboard diagnostics (OBD) adapters and temperature or motion sensors that can be deployed on trucks, trailers, forklifts, containers and other high-value assets. Data generated by these devices is transmitted via cellular or satellite networks to PowerFleet’s Corvus platform, which aggregates, analyzes and presents information through customizable dashboards and automated alerting tools. Additional premium modules offer advanced analytics, geofencing, driver-behavior scoring and integration with third-party enterprise resource planning (ERP) or transportation management systems (TMS).

Originally founded in 1993 as I.D. Systems, the company rebranded to PowerFleet in 2021 to reflect its expanded IoT and telematics focus. Headquartered in Woodcliff Lake, New Jersey, PowerFleet serves a broad range of industries including logistics and transportation, equipment rental and manufacturing. Its solutions are deployed across North America, Europe and the Asia-Pacific region, supported by regional offices and a network of authorized resellers and implementation partners.

PowerFleet is led by a senior management team with deep expertise in telematics, wireless communications and cloud software development. The company’s leadership emphasizes continuous product innovation, data-driven insights and customer-centric service as it seeks to expand its global footprint and address the evolving connectivity needs of commercial and industrial fleet operators.

AI Generated. May Contain Errors.

PowerFleet Stock Analysis - MarketRank™

See Top-Rated MarketRank™ Stocks
65th Percentile Overall Score

AIOT MarketRank™: 

PowerFleet scored higher than 65% of companies evaluated by MarketBeat, and ranked 310th out of 600 stocks in the technology sector. Scores are calculated by averaging available category scores, with extra weight given to analysis and valuation.

  • Consensus Rating

    PowerFleet has received a consensus rating of Hold. The company's average rating score is 2.17, and is based on no strong buy ratings, 3 buy ratings, 1 hold rating, and 2 sell ratings.

  • Upside Potential

    PowerFleet has a consensus price target of $7.40, representing about 143.4% upside from its current price of $3.04.

  • Amount of Analyst Coverage

    PowerFleet has only been the subject of 4 research reports in the past 90 days.

  • Read more about PowerFleet's stock forecast and price target.
  • Earnings Growth

    Earnings for PowerFleet are expected to grow by 120.00% in the coming year, from $0.10 to $0.22 per share.

  • Price to Earnings Ratio vs. the Market

    The P/E ratio of PowerFleet is -21.71, which means that its earnings are negative and its P/E ratio cannot be compared to companies with positive earnings.

  • Price to Earnings Ratio vs. Sector

    The P/E ratio of PowerFleet is -21.71, which means that its earnings are negative and its P/E ratio cannot be compared to companies with positive earnings.

  • Price to Book Value per Share Ratio

    PowerFleet has a P/B Ratio of 0.84. P/B Ratios below 1 indicate that a company could be undervalued with respect to its assets and liabilities.

  • Read more about PowerFleet's valuation and earnings.
  • Percentage of Shares Shorted

    9.72% of the float of PowerFleet has been sold short.
  • Short Interest Ratio / Days to Cover

    PowerFleet has a short interest ratio ("days to cover") of 13, which indicates bearish sentiment.
  • Change versus previous month

    Short interest in PowerFleet has recently decreased by 4.94%, indicating that investor sentiment is improving.
  • Dividend Yield

    PowerFleet does not currently pay a dividend.

  • Dividend Growth

    PowerFleet does not have a long track record of dividend growth.

  • News Sentiment

    PowerFleet has a news sentiment score of -0.38. This score is calculated as an average of sentiment of articles about the company over the last seven days and ranges from 2 (good news) to -2 (bad news). This is a lower news sentiment than the 0.71 average news sentiment score of Technology companies.
  • Search Interest

    Only 6 people have searched for AIOT on MarketBeat in the last 30 days. This is a decrease of 0% compared to the previous 30 days.
  • MarketBeat Follows

    2 people have added PowerFleet to their MarketBeat watchlist in the last 30 days. This is an increase of 100% compared to the previous 30 days.
  • Insider Buying vs. Insider Selling

    In the past three months, PowerFleet insiders have not sold or bought any company stock.

  • Percentage Held by Insiders

    5.90% of the stock of PowerFleet is held by insiders.

  • Percentage Held by Institutions

    73.40% of the stock of PowerFleet is held by institutions. High institutional ownership can be a signal of strong market trust in this company.

  • Read more about PowerFleet's insider trading history.
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AIOT Stock News Headlines

PowerFleet (NASDAQ:AIOT) Cut to Sell at Wall Street Zen
PowerFleet Q3 EPS Estimate Reduced by Northland Securities
Someone just dumped the biggest gold fund.
Investors pulled 2.9 billion dollars from the world's largest gold fund in a single day this March, pushing total outflows to 14 billion. At the same time, the World Gold Council recorded the highest quarterly central bank gold buying on record, with buyers taking physical delivery instead of paper shares.tc pixel
PowerFleet: Fiscal Q1 Earnings Snapshot
See More Headlines

AIOT Stock Analysis - Frequently Asked Questions

PowerFleet's stock was trading at $5.32 on January 1st, 2026. Since then, AIOT stock has decreased by 42.9% and is now trading at $3.04.

PowerFleet, Inc. (NASDAQ:AIOT) announced its earnings results on Monday, August, 10th. The company reported ($0.01) earnings per share (EPS) for the quarter, topping the consensus estimate of ($0.02) by $0.01. The business earned $110.79 million during the quarter, compared to the consensus estimate of $115.54 million. PowerFleet had a positive trailing twelve-month return on equity of 0.48% and a negative net margin of 4.16%.
Read the conference call transcript
.

PowerFleet's Board of Directors initiated a stock buyback program on Tuesday, June 30th 2026, which allows the company to buy back $30,000,000 in shares, according to EventVestor. This means that the company could buy up to 6% of its stock through open market purchases. Stock buyback programs are usually an indication that the company's board believes its stock is undervalued.

Top institutional shareholders of PowerFleet include BlackRock Inc. (7.68%), Private Management Group Inc. (4.27%), AWM Investment Company Inc. (2.86%) and Wasatch Advisors LP (1.94%). Insiders that own company stock include Steven Mark Towe and Catherine J Lewis.
View institutional ownership trends
.

Shares of AIOT stock can be purchased through any online brokerage account. Popular online brokerages with access to the U.S. stock market include Charles Schwab, E*TRADE, Fidelity, and Vanguard Brokerage Services.

Based on aggregate information from My MarketBeat watchlists, some other companies that PowerFleet investors own include iShares Micro-Cap ETF (IWC), The RMR Group (RMR), Waste Connections (WCN), DiamondRock Hospitality (DRH), AUO (AUOTY), American Water Works (AWK) and Triple Flag Precious Metals (TFPM).

Company Calendar

Last Earnings
8/10/2026
Today
8/22/2026
Next Earnings (Estimated)
11/09/2026
Fiscal Year End
3/31/2027

Industry, Sector and Symbol

Stock Exchange
NASDAQ
Industry
Software
Sub-Industry
Application Software
Current Symbol
NASDAQ:AIOT
Previous Symbol
NASDAQ:AIOT
CIK
1774170
Employees
2,658
Year Founded
1993

Price Target and Rating

High Price Target
$10.00
Low Price Target
$6.00
Potential Upside/Downside
+143.4%
Consensus Rating
Hold
Rating Score (0-4)
2.17
Research Coverage
6 Analysts

Profitability

EPS (Trailing Twelve Months)
($0.14)
Trailing P/E Ratio
N/A
Forward P/E Ratio
30.40
P/E Growth
N/A
Net Income
-$20.55 million
Net Margins
-4.16%
Pretax Margin
-1.84%
Return on Equity
0.48%
Return on Assets
0.24%

Debt

Debt-to-Equity Ratio
0.48
Current Ratio
1.10
Quick Ratio
0.96

Sales & Book Value

Annual Sales
$443.78 million
Price / Sales
0.92
Cash Flow
$0.54 per share
Price / Cash Flow
5.66
Book Value
$3.60 per share
Price / Book
0.84

Miscellaneous

Outstanding Shares
134,230,000
Free Float
126,307,000
Market Cap
$408.06 million
Optionable
Optionable
Beta
1.43

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This page (NASDAQ:AIOT) was last updated on 8/22/2026 by MarketBeat.com Staff.
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