Northland Capmk Reduces Earnings Estimates for Powerfleet

Powerfleet, Inc. (NASDAQ:AIOT - Free Report) - Northland Capmk dropped their FY2025 earnings per share (EPS) estimates for shares of Powerfleet in a research report issued to clients and investors on Tuesday, May 27th. Northland Capmk analyst G. Gibas now anticipates that the company will post earnings of ($0.37) per share for the year, down from their previous forecast of ($0.36). The consensus estimate for Powerfleet's current full-year earnings is ($0.32) per share. Northland Capmk also issued estimates for Powerfleet's Q4 2025 earnings at ($0.05) EPS, Q1 2026 earnings at ($0.02) EPS and FY2026 earnings at ($0.03) EPS.

AIOT has been the subject of a number of other reports. Northland Securities upped their price objective on Powerfleet from $10.00 to $11.00 and gave the stock an "outperform" rating in a research note on Tuesday, February 11th. Lake Street Capital set a $8.00 price target on Powerfleet and gave the company a "buy" rating in a research report on Tuesday. Raymond James cut their price target on Powerfleet from $10.00 to $8.00 and set an "outperform" rating for the company in a research note on Tuesday, April 29th. Finally, Barrington Research reaffirmed an "outperform" rating and set a $15.00 price target on shares of Powerfleet in a research note on Friday, May 23rd. Five analysts have rated the stock with a buy rating, According to MarketBeat.com, the stock presently has an average rating of "Buy" and an average target price of $10.50.

Powerfleet Price Performance

AIOT stock traded down $0.07 during midday trading on Thursday, hitting $4.63. 7,655,114 shares of the company's stock were exchanged, compared to its average volume of 1,564,120. The company has a debt-to-equity ratio of 0.51, a current ratio of 1.21 and a quick ratio of 1.02. Powerfleet has a 12-month low of $3.70 and a 12-month high of $8.71. The firm has a 50 day moving average price of $5.12 and a 200-day moving average price of $6.08.

Hedge Funds Weigh In On Powerfleet

A number of institutional investors and hedge funds have recently bought and sold shares of the business. Signaturefd LLC acquired a new position in shares of Powerfleet during the fourth quarter valued at $25,000. Comerica Bank bought a new stake in shares of Powerfleet in the fourth quarter worth about $42,000. NBC Securities Inc. bought a new stake in shares of Powerfleet in the first quarter worth about $36,000. California State Teachers Retirement System acquired a new position in shares of Powerfleet during the fourth quarter worth about $46,000. Finally, Spire Wealth Management acquired a new position in shares of Powerfleet during the fourth quarter worth about $55,000. Institutional investors and hedge funds own 73.40% of the company's stock.

Powerfleet Company Profile

PowerFleet, Inc engages in the provision of fleet management solutions for logistics, industrial, and vehicles. It offers wireless Internet of Things and machine to machine solutions for securing, controlling, tracking, and managing enterprise assets such as industrial trucks, tractor trailers, containers, cargo, and vehicle and truck fleets.