Free Trial
NASDAQ:AIOT

PowerFleet (AIOT) Stock Price, News & Analysis

PowerFleet logo
$2.49 -0.03 (-1.19%)
Closing price 10/15/2026 04:00 PM Eastern
Extended Trading
$2.48 -0.01 (-0.20%)
As of 10/15/2026 07:30 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
$2.46
▼
$2.56
50-Day Range
$2.49
▼
$4.41
52-Week Range
$2.46
▼
$5.88
Volume
1.73 million shs
Average Volume
1.63 million shs
Market Capitalization
$334.23 million
P/E Ratio
126.00
Dividend Yield
N/A
Price Target
$7.40
Consensus Rating
Hold

Company Overview

Powerfleet, Inc. (NASDAQ: AIOT) provides connected vehicle, asset and fleet-management solutions designed to help organizations improve safety, productivity, utilization and operational visibility. Its platform combines telematics hardware, software and data analytics to monitor vehicles, equipment and other mobile assets.

The company’s products and services include fleet tracking and management, driver-safety tools, video telematics, asset tracking, maintenance and utilization monitoring, and solutions for logistics and supply-chain operations. Powerfleet also serves industrial and material-handling applications, including connected forklifts and other industrial vehicles, as well as trailers, containers and other commercial assets.

Powerfleet traces its origins to I.D. Systems and expanded through acquisitions, including Pointer Telocation and MiX Telematics. In 2024, Powerfleet completed its combination with MiX Telematics, broadening its connected-operations platform and international customer base. The company serves customers across multiple regions, including North America, Europe, Australia and Africa, with operations and clients worldwide.

AI Generated. May Contain Errors.

PowerFleet Stock Analysis - MarketRank™

See Top-Rated MarketRank™ Stocks
86th Percentile Overall Score

AIOT MarketRank™: 
4.28308823529 of 5 stars

PowerFleet scored higher than 86% of companies evaluated by MarketBeat, and ranked 110th out of 589 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 197.2% upside from its current price of $2.49.

  • 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 126.00, which means that it is trading at a more expensive P/E ratio than the market average P/E ratio of about 41.07.

  • Price to Earnings Ratio vs. Sector

    The P/E ratio of PowerFleet is 126.00, which means that it is trading at a more expensive P/E ratio than the Technology sector average P/E ratio of about 64.93.

  • Price to Book Value per Share Ratio

    PowerFleet has a P/B Ratio of 0.70. 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 1.11. 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 higher news sentiment than the 0.69 average news sentiment score of Technology companies.
  • News Coverage This Week

    MarketBeat has tracked 5 news articles for PowerFleet this week, compared to 2 articles on an average week.
  • MarketBeat Follows

    3 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

INSANE DRONE FOOTAGE
New drone footage shows a mysterious factory rising at one of Elon Musk's most secure facilities, cleared and built in a matter of weeks. James Altucher says the site could go live as soon as October 21 and has put together a free presentation explaining what is happening inside and why the timing matters.tc pixel
See More Headlines

AIOT Stock Analysis - Frequently Asked Questions

PowerFleet's stock was trading at $5.32 on January 1st, 2026. Since then, AIOT shares have decreased by 53.2% and is now trading at $2.49.

PowerFleet, Inc. (NASDAQ:AIOT) posted its quarterly earnings data on Monday, August, 10th. The company reported ($0.01) earnings per share for the quarter, beating analysts' consensus estimates of ($0.02) by $0.01. The company earned $110.79 million during the quarter, compared to analysts' expectations 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 authorized a stock repurchase plan on Tuesday, June 30th 2026, which allows the company to buy back $30,000,000 in outstanding shares, according to EventVestor. This means that the company could purchase up to 6% of its stock through open market purchases. Stock buyback plans are often a sign that the company's leadership believes its shares are undervalued.

PowerFleet's top institutional shareholders include Kopion Asset Management LLC (2.46%) 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
10/15/2026
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
+197.2%
Consensus Rating
Hold
Rating Score (0-4)
2.33
Research Coverage
6 Analysts

Profitability

EPS (Trailing Twelve Months)
($0.14)
Trailing P/E Ratio
126.00
Forward P/E Ratio
24.90
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
0.75
Cash Flow
$0.53 per share
Price / Cash Flow
4.72
Book Value
$3.55 per share
Price / Book
0.70

Miscellaneous

Outstanding Shares
134,230,000
Free Float
126,307,000
Market Cap
$334.23 million
Optionable
Optionable
Beta
1.40

Social Links

The 7 Hottest IPO Stories of 2026 Cover

MarketBeat just released its list of the 7 hottest IPOs expected to hit Wall Street in 2026. See which companies are preparing to go public and why investors are watching closely.

Get This Free Report

This page (NASDAQ:AIOT) was last updated on 10/15/2026 by MarketBeat.com Staff.
From Our Partners