Q1 Earnings Estimate for PowerFleet Issued By William Blair

PowerFleet, Inc. (NASDAQ:AIOT - Free Report) - Stock analysts at William Blair reduced their Q1 2026 earnings per share (EPS) estimates for PowerFleet in a report issued on Monday, June 16th. William Blair analyst D. Becker now expects that the company will earn $0.00 per share for the quarter, down from their previous forecast of $0.04. The consensus estimate for PowerFleet's current full-year earnings is ($0.32) per share. William Blair also issued estimates for PowerFleet's Q2 2026 earnings at $0.03 EPS, Q3 2026 earnings at $0.04 EPS, Q4 2026 earnings at $0.06 EPS, FY2026 earnings at $0.12 EPS, Q3 2027 earnings at $0.08 EPS, Q4 2027 earnings at $0.09 EPS and FY2027 earnings at $0.32 EPS.

AIOT has been the topic of several other reports. Raymond James Financial dropped 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. Wall Street Zen raised shares of PowerFleet from a "sell" rating to a "hold" rating in a research report on Saturday. Lake Street Capital set a $8.00 price target on shares of PowerFleet and gave the stock a "buy" rating in a research report on Tuesday, May 27th. Finally, Barrington Research reissued an "outperform" rating and set a $15.00 price target on shares of PowerFleet in a research report on Friday, June 13th. One equities research analyst has rated the stock with a hold rating and five have assigned a buy rating to the company's stock. Based on data from MarketBeat, the stock presently has an average rating of "Moderate Buy" and a consensus target price of $10.50.

PowerFleet Stock Down 4.0%

Shares of NASDAQ AIOT traded down $0.19 during midday trading on Thursday, reaching $4.54. 3,256,352 shares of the company's stock were exchanged, compared to its average volume of 1,592,430. The company has a debt-to-equity ratio of 0.51, a quick ratio of 1.02 and a current ratio of 1.21. PowerFleet has a 52-week low of $3.70 and a 52-week high of $8.71. The business's fifty day moving average price is $5.01 and its two-hundred day moving average price is $5.86. The stock has a market capitalization of $601.60 million, a PE ratio of -10.56 and a beta of 1.35.

Institutional Investors Weigh In On PowerFleet

Several institutional investors and hedge funds have recently made changes to their positions in the company. Oppenheimer Asset Management Inc. bought a new stake in PowerFleet during the fourth quarter valued at $118,000. Rice Hall James & Associates LLC acquired a new stake in PowerFleet during the fourth quarter worth about $2,706,000. The Manufacturers Life Insurance Company bought a new position in PowerFleet in the fourth quarter worth about $219,000. Legal & General Group Plc acquired a new position in PowerFleet in the fourth quarter valued at approximately $58,000. Finally, Vanguard Group Inc. bought a new position in shares of PowerFleet during the fourth quarter valued at approximately $43,134,000. 73.40% of the stock is owned by institutional investors and hedge funds.

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.