Powerfleet, Inc. (NASDAQ:AIOT – Free Report) – Investment analysts at Roth Capital decreased their Q1 2026 earnings per share (EPS) estimates for Powerfleet in a research note issued to investors on Monday, May 26th. Roth Capital analyst S. Searle now forecasts that the company will post earnings of $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.
A number of other research firms also recently commented on AIOT. Raymond James decreased their target price on Powerfleet from $10.00 to $8.00 and set an “outperform” rating for the company in a report on Tuesday, April 29th. Barrington Research reiterated an “outperform” rating and issued a $15.00 target price on shares of Powerfleet in a report on Friday, May 23rd. Northland Securities raised their target price on shares of Powerfleet from $10.00 to $11.00 and gave the company an “outperform” rating in a report on Tuesday, February 11th. Finally, Lake Street Capital dropped their price objective on Powerfleet from $11.00 to $8.00 and set a “buy” rating on the stock in a report on Tuesday. Five research analysts have rated the stock with a buy rating, According to MarketBeat, the company currently has an average rating of “Buy” and an average target price of $10.50.
Powerfleet Price Performance
AIOT opened at $4.86 on Wednesday. Powerfleet has a 12 month low of $3.70 and a 12 month high of $8.71. The company has a debt-to-equity ratio of 0.51, a current ratio of 1.21 and a quick ratio of 1.02. The stock has a fifty day moving average price of $5.21 and a 200-day moving average price of $6.10.
Hedge Funds Weigh In On Powerfleet
Hedge funds have recently made changes to their positions in the business. Hodges Capital Management Inc. acquired a new stake in Powerfleet during the 4th quarter worth about $10,982,000. Inspire Investing LLC acquired a new position in shares of Powerfleet in the 4th quarter worth approximately $398,000. Oppenheimer Asset Management Inc. bought a new position in Powerfleet in the 4th quarter valued at $118,000. Rice Hall James & Associates LLC bought a new stake in shares of Powerfleet in the 4th quarter valued at $2,706,000. Finally, The Manufacturers Life Insurance Company bought a new stake in Powerfleet in the 4th quarter valued at approximately $219,000. Institutional investors and hedge funds own 73.40% of the company’s stock.
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.
See Also
- Five stocks we like better than Powerfleet
- Low PE Growth Stocks: Unlocking Investment Opportunities
- Advance Auto Parts: Did Earnings Defuse Tariff Concerns?
- NYSE Stocks Give Investors a Variety of Quality Options
- 3 Beaten-Down Stocks Trading 50% Below Their 52-Week Highs
- What Are Treasury Bonds?
- Tesla: Why Analysts Think It Could Jump Another 47%
Receive News & Ratings for Powerfleet Daily - Enter your email address below to receive a concise daily summary of the latest news and analysts' ratings for Powerfleet and related companies with MarketBeat.com's FREE daily email newsletter.