Free Trial
The Market Does Not Wait. MarketBeat All Access Alerts for $149
Get the Alerts
Claim MarketBeat All Access Sale Promotion
NASDAQ:AIOT

PowerFleet (AIOT) Stock Price, News & Analysis

PowerFleet logo
$2.62 +0.03 (+1.16%)
Closing price 10/22/2026 04:00 PM Eastern
Extended Trading
$2.56 -0.06 (-2.48%)
As of 10/22/2026 07:57 PM Eastern
Extended trading is trading that happens on electronic markets outside of regular trading hours. This is a fair market value extended hours price provided by Massive. Learn more.

About PowerFleet Stock (NASDAQ:AIOT)

Advanced

Key Stats

Today's Range
$2.55
▼
$2.63
50-Day Range
$2.39
▼
$3.11
52-Week Range
$2.29
▼
$5.88
Volume
1.11 million shs
Average Volume
1.68 million shs
Market Capitalization
$351.68 million
P/E Ratio
N/A
Dividend Yield
N/A
Price Target
$7.40
Consensus Rating
Hold

Company Overview

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. The combined company serves customers across multiple international markets, including North America, Europe, Africa, Australia and other regions. Steve Towe serves as Powerfleet’s chief executive officer.

AI Generated. May Contain Errors.

PowerFleet Stock Analysis - MarketRank™

See Top-Rated MarketRank™ Stocks
79th Percentile Overall Score

AIOT MarketRank™: 
3.96781946855 of 5 stars

PowerFleet scored higher than 79% of companies evaluated by MarketBeat, and ranked 163rd out of 590 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 2.33, and is based on no strong buy ratings, 3 buy ratings, 2 hold ratings, and 1 sell rating.

  • Upside Potential

    PowerFleet has a consensus price target of $7.40, representing about 182.4% upside from its current price of $2.62.

  • 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 -18.71, 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 -18.71, 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 0.74. 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

    10.81% 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 7.09.
  • Change versus previous month

    Short interest in PowerFleet has recently decreased by 5.43%, indicating that investor sentiment is improving significantly.
  • 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 0.45. 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 news sentiment score is similar to the average news sentiment of Technology companies.
  • News Coverage This Week

    MarketBeat has tracked 2 news articles for PowerFleet this week, compared to 2 articles on an average week.
  • MarketBeat Follows

    4 people have added PowerFleet to their MarketBeat watchlist in the last 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.
Receive AIOT Stock News and Ratings via Email

Sign-up to receive the latest news and ratings for PowerFleet and its competitors with MarketBeat's FREE daily newsletter.

SMS is currently available in Australia, Belgium, Canada, France, Germany, Ireland, Italy, New Zealand, the Netherlands, Singapore, South Africa, Spain, Switzerland, the United Kingdom, and the United States. By entering your phone number and clicking the sign-up button, you agree to receive periodic text messages from MarketBeat at the phone number you submitted, including texts that may be sent using an automatic telephone dialing system. Message and data rates may apply. Message frequency will vary. Messages will consist of stock alerts, news stories, and partner advertisements/offers. Consent is not a condition of the purchase of any goods or services. Text HELP for help/customer support. Unsubscribe at any time by replying "STOP" to any text message that you receive from MarketBeat or by visiting our mailing preferences page. Read our full terms of service and privacy policy.

AIOT Stock News Headlines

PowerFleet, Inc. (NASDAQ:AIOT) Stock Has Consensus Target Price of $7.40
The REAL Reason Trump is Invading Iran
For a moment… Forget about Trump’s ties to Israel. Forget about reports of Iran’s nuclear program. Because my research has led me to believe we’re risking World War 3 with Iran for a completely different reason.tc pixel
See More Headlines

AIOT Stock Analysis - Frequently Asked Questions

PowerFleet's stock was trading at $5.32 at the start of the year. Since then, AIOT stock has decreased by 50.8% and is now trading at $2.62.

PowerFleet, Inc. (NASDAQ:AIOT) issued 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 analysts' expectations of $115.54 million. PowerFleet had a negative net margin of 4.16% and a positive trailing twelve-month return on equity of 0.48%.
Read the conference call transcript
.

PowerFleet's Board of Directors initiated a share buyback plan on Tuesday, June 30th 2026, which allows the company to repurchase $30,000,000 in outstanding shares, according to EventVestor. This means that the company could repurchase up to 6% of its shares through open market purchases. Shares buyback plans are often an indication that the company's board believes its shares are undervalued.

Top institutional shareholders of PowerFleet include Pinnacle Associates Ltd. (3.19%), Kopion Asset Management LLC (2.46%), Cardinal Point Capital Management ULC (0.24%) and Krilogy Financial LLC (0.02%). 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 NVIDIA (NVDA), Micron Technology (MU), Super Micro Computer (SMCI), Palantir Technologies (PLTR), Advanced Micro Devices (AMD), AST SpaceMobile (ASTS) and MP Materials (MP).

Company Calendar

Last Earnings
8/10/2026
Today
10/23/2026
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
+182.4%
Consensus Rating
Hold
Rating Score (0-4)
2.33
Research Coverage
6 Analysts

Profitability

EPS (Trailing Twelve Months)
($0.14)
Trailing P/E Ratio
N/A
Forward P/E Ratio
26.20
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
0.79
Cash Flow
$0.54 per share
Price / Cash Flow
4.86
Book Value
$3.55 per share
Price / Book
0.74

Miscellaneous

Outstanding Shares
134,230,000
Free Float
126,307,000
Market Cap
$351.68 million
Optionable
Optionable
Beta
1.40

Social Links

7 Stocks That Could Lead the Next Market Boom Cover

Tesla, Nvidia, and Google helped shape the last era of market growth, but the next wave could come from a new group of companies. Inside this report, you’ll find 7 stocks that could play a major role in the next tech-driven market boom.

Get This Free Report

This page (NASDAQ:AIOT) was last updated on 10/22/2026 by MarketBeat.com Staff.
From Our Partners