PowerFleet, Inc. logo AIOT - PowerFleet, Inc.

Price: -- -- | CONSENSUS: Buy DETAILS
STRONG
BUY
0
BUY 5
HOLD 0
SELL 0
STRONG
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| PRICE TARGET: $8.00 DETAILS
HIGH: $10.00
LOW: $7.00
MEDIAN: $7.00
CONSENSUS: $8.00
UPSIDE: 161.44%

Stock News

Powerfleet Announces New $30 Million Stock Repurchase Program

Powerfleet Announces New $30 Million Stock Repurchase Program

WOODCLIFF LAKE, N.J., June 30, 2026 /PRNewswire/ -- Powerfleet, Inc. (the "Company") (Nasdaq: AIOT), a global leader in the artificial intelligence of things (AIoT) software-as-a-service (SaaS) mobile asset industry, announced that its board of directors has approved a stock repurchase program, authorizing the Company to repurchase, from time to time, up to an aggregate of $30 million of the Company's common stock over the next 24 months.

Jun 30, 2026 01:40 PM prnewswire.com
PowerFleet Is Finally Generating Cash, A Major Turning Point

PowerFleet Is Finally Generating Cash, A Major Turning Point

PowerFleet is rated a Buy at $4, driven by scale from recent M&A, a robust Unity platform, and accelerating large enterprise wins. AIOT now generates over 80% recurring, high-margin service revenue, with gross margin expanding to 56.5% and significant operating leverage materializing. FY27 guidance targets $485M–$490M revenue (~10% growth), $122M–$125M adjusted EBITDA (~27% growth), and $30M–$35M free cash flow, with leverage expected below 2x.

Jun 16, 2026 04:54 AM seekingalpha.com
Powerfleet Reports Results for Fourth Quarter and Full-Year Fiscal 2026

Powerfleet Reports Results for Fourth Quarter and Full-Year Fiscal 2026

Revenue of $114.5 million for the fourth quarter, increased 11% year-over-year, driven by services revenue of $92.9 million, up 14% Fourth quarter income from operations improved to $11.0 million from a $7.0 million loss in the prior-year quarter, while net loss improved 78% to $2.7 million Adjusted EBITDA of $26.4 million for the fourth quarter, up 42% year-over-year, with a margin of 23% Signed a landmark South African National Treasury five-year agreement anticipated to deliver $100 million to $120 million in total contract value WOODCLIFF LAKE, N.J., June 15, 2026 /PRNewswire/ -- Powerfleet, Inc. ("Powerfleet" or the "Company") (Nasdaq: AIOT), a global leader in the artificial intelligence of things (AIoT) software-as-a-service (SaaS) mobile asset industry, today reported its financial results for the fourth quarter and fiscal year ended March 31, 2026.

Jun 15, 2026 02:00 AM prnewswire.com
Powerfleet to Attend June Investor Conferences

Powerfleet to Attend June Investor Conferences

WOODCLIFF LAKE, N.J., May 29, 2026 /PRNewswire/ -- Powerfleet, Inc. (Nasdaq: AIOT) today announced that management is scheduled to attend June 2026 investor conferences to meet with investors to discuss Powerfleet's AIoT platform that is already delivering results at scale with strong financial discipline and a clear roadmap to shareholder value as follows: Wednesday, June 3, 2026: William Blair's 46th Annual Growth Stock Conference Tuesday, June 23, 2026: Northland Growth Conference 2026 ABOUT POWERFLEET Powerfleet (Nasdaq:  AIOT ; JSE: PWR) is a global leader in the artificial intelligence of things (AIoT) software-as-a-service (SaaS) mobile asset industry.

May 29, 2026 09:00 AM prnewswire.com

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