Q1 Earnings Forecast for PowerFleet Issued By William Blair

PowerFleet, Inc. (NASDAQ:AIOT - Free Report) - Investment analysts at William Blair reduced their Q1 2026 earnings estimates for PowerFleet in a research report issued to clients and investors on Monday, June 16th. William Blair analyst D. Becker now expects that the company will post earnings per share of $0.00 for the quarter, down from their prior estimate 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.

Several other equities analysts also recently weighed in on the stock. Raymond James Financial lowered their price target on shares of PowerFleet from $10.00 to $8.00 and set an "outperform" rating on the stock in a report on Tuesday, April 29th. Barrington Research reaffirmed an "outperform" rating and set a $15.00 price target on shares of PowerFleet in a report on Friday, June 13th. Finally, Lake Street Capital set a $8.00 price target on shares of PowerFleet and gave the company a "buy" rating in a report on Tuesday, May 27th. Five equities research analysts have rated the stock with a buy rating, According to MarketBeat, the stock has an average rating of "Buy" and a consensus price target of $10.50.

PowerFleet Stock Performance

AIOT opened at $4.73 on Thursday. The company has a current ratio of 1.21, a quick ratio of 1.02 and a debt-to-equity ratio of 0.51. The company has a market cap of $626.77 million, a price-to-earnings ratio of -11.00 and a beta of 1.35. The company's 50 day moving average is $5.01 and its 200 day moving average is $5.90. PowerFleet has a 12-month low of $3.70 and a 12-month high of $8.71.

Institutional Investors Weigh In On PowerFleet

Institutional investors and hedge funds have recently modified their holdings of the stock. Signaturefd LLC bought a new stake in shares of PowerFleet during the fourth quarter valued at approximately $25,000. NBC Securities Inc. bought a new stake in shares of PowerFleet during the first quarter valued at approximately $36,000. Comerica Bank bought a new stake in PowerFleet in the fourth quarter worth $42,000. California State Teachers Retirement System bought a new stake in PowerFleet in the fourth quarter worth $46,000. Finally, GAMMA Investing LLC bought a new stake in PowerFleet in the first quarter worth $46,000. Institutional investors 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.

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