Powerfleet (AIOT) Projected to Post Earnings on Monday

Powerfleet (NASDAQ:AIOT - Get Free Report) is anticipated to release its Q4 2025 earnings data before the market opens on Monday, June 16th. Analysts expect Powerfleet to post earnings of ($0.02) per share and revenue of $103.82 million for the quarter.

Powerfleet Trading Up 2.0%

AIOT opened at $4.70 on Monday. Powerfleet has a 1-year low of $3.70 and a 1-year high of $8.71. The stock's fifty day simple moving average is $5.02 and its 200 day simple moving average is $6.01. The company has a debt-to-equity ratio of 0.51, a quick ratio of 1.02 and a current ratio of 1.21.

Institutional Investors Weigh In On Powerfleet

Hedge funds and other institutional investors have recently made changes to their positions in the business. UBS AM A Distinct Business Unit of UBS Asset Management Americas LLC bought a new position in shares of Powerfleet in the first quarter worth $3,670,000. MIRAE ASSET GLOBAL ETFS HOLDINGS Ltd. grew its stake in Powerfleet by 275.7% during the first quarter. MIRAE ASSET GLOBAL ETFS HOLDINGS Ltd. now owns 203,211 shares of the company's stock worth $1,116,000 after buying an additional 149,116 shares in the last quarter. Goldman Sachs Group Inc. increased its holdings in Powerfleet by 15.3% in the 1st quarter. Goldman Sachs Group Inc. now owns 1,045,424 shares of the company's stock valued at $5,739,000 after buying an additional 138,856 shares during the period. Royal Bank of Canada increased its holdings in Powerfleet by 198.0% in the 1st quarter. Royal Bank of Canada now owns 91,365 shares of the company's stock valued at $501,000 after buying an additional 60,705 shares during the period. Finally, Dynamic Technology Lab Private Ltd acquired a new position in shares of Powerfleet in the 1st quarter valued at approximately $251,000. 73.40% of the stock is currently owned by institutional investors and hedge funds.

Analysts Set New Price Targets

A number of equities research analysts recently weighed in on the company. Barrington Research restated an "outperform" rating and issued a $15.00 price target on shares of Powerfleet in a research note on Friday, May 23rd. Lake Street Capital set a $8.00 price target on Powerfleet and gave the company a "buy" rating in a research note on Tuesday, May 27th. Northland Securities increased their price target on Powerfleet from $10.00 to $11.00 and gave the company an "outperform" rating in a research note on Tuesday, February 11th. Finally, Raymond James decreased their price objective on Powerfleet from $10.00 to $8.00 and set an "outperform" rating on the stock in a report on Tuesday, April 29th. Five equities research analysts have rated the stock with a buy rating, According to data from MarketBeat.com, the company has a consensus rating of "Buy" and a consensus target price of $10.50.

About Powerfleet

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.

This instant news alert was generated by narrative science technology and financial data from MarketBeat in order to provide readers with the fastest and most accurate reporting. This story was reviewed by MarketBeat's editorial team prior to publication. Please send any questions or comments about this story to contact@marketbeat.com.