Roth Capital Has Negative Outlook of Powerfleet Q1 Earnings

Powerfleet, Inc. (NASDAQ:AIOT - Free Report) - Roth Capital decreased their Q1 2026 earnings per share (EPS) estimates for Powerfleet in a report released on Monday, May 26th. Roth Capital analyst S. Searle now forecasts that the company will earn $0.00 per share for the quarter, down from their previous forecast of $0.01. The consensus estimate for Powerfleet's current full-year earnings is ($0.32) per share. Roth Capital also issued estimates for Powerfleet's Q2 2026 earnings at $0.02 EPS, Q3 2026 earnings at $0.05 EPS, Q4 2026 earnings at $0.06 EPS and FY2026 earnings at $0.14 EPS.

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

Powerfleet Price Performance

Powerfleet stock traded down $0.07 during trading hours on Wednesday, reaching $4.63. 7,655,114 shares of the stock were exchanged, compared to its average volume of 1,564,120. The company has a quick ratio of 1.02, a current ratio of 1.21 and a debt-to-equity ratio of 0.51. The firm's 50 day moving average is $5.16 and its 200 day moving average is $6.08. Powerfleet has a 52-week low of $3.70 and a 52-week high of $8.71.

Institutional Investors Weigh In On Powerfleet

A number of large investors have recently added to or reduced their stakes in AIOT. Signaturefd LLC purchased a new stake in shares of Powerfleet in the fourth quarter valued at about $25,000. Comerica Bank acquired a new position in shares of Powerfleet during the 4th quarter worth approximately $42,000. NBC Securities Inc. purchased a new stake in Powerfleet in the 1st quarter valued at approximately $36,000. California State Teachers Retirement System purchased a new stake in Powerfleet in the 4th quarter valued at approximately $46,000. Finally, Spire Wealth Management acquired a new stake in Powerfleet during the 4th quarter valued at $55,000. 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.