AIOT - PowerFleet, Inc.
Shares of PowerFleet, Inc. (NASDAQ: AIOT - Get Free Report) have been assigned an average recommendation of "Hold" from the six research firms that are presently covering the company, MarketBeat.com reports. Two research analysts have rated the stock with a sell rating, one has issued a hold rating and three have issued a buy rating on
WOODCLIFF LAKE, N.J., Sept. 22, 2026 /PRNewswire/ -- Powerfleet, Inc. (Nasdaq: AIOT) (JSE: PWR), a global leader in the artificial intelligence of things (AIoT) software-as-a-service (SaaS) mobile asset industry, today shared how D.H.
Powerfleet to Attend the 19th Annual Barrington Research Virtual Fall Investment ConferencePR NewswireWOODCLIFF LAKE, N.J., Sept. 18, 2026WOODCLIFF LAKE, N.J.,
WOODCLIFF LAKE, N.J., Sept. 18, 2026 /PRNewswire/ -- Powerfleet, Inc. (Nasdaq: AIOT) ("Powerfleet" or the "Company") today announced that management is scheduled to attend the 19th Annual Barrington Research Virtual Fall Investment Conference on Tuesday, September 22nd, to meet with investors to discuss Powerfleet's Unity AIoT platform, financial performance and the Company's strategy to execute on its business plan to create long-term shareholder value.
Powerfleet offers a stable, growing subscription-based model, yet trades at distressed hardware multiples due to recent guidance cuts and ongoing GAAP losses. The investment case centers on recurring gross profit, expanding enterprise deployments, and a large contracted base, with AI-driven product enhancements supporting customer retention. Management guides for FY27 revenue of $470.5M and adjusted EBITDA of $112.5M, targeting positive free cash flow of $20–23M this fiscal year despite installation timing and lost South African business.
ACFN and AIOT ride on different IoT growth drivers, but which stock looks more compelling now? Let's dive in.
Powerfleet, Inc. (AIOT) Q1 2027 Earnings Call Transcript
Although the revenue and EPS for PowerFleet (AIOT) give a sense of how its business performed in the quarter ended June 2026, it might be worth considering how some key metrics compare with Wall Street estimates and the year-ago numbers.
PowerFleet NASDAQ: AIOT reported first-quarter fiscal 2027 revenue growth and higher adjusted EBITDA, while lowering its full-year outlook as it reallocates resources toward a rapidly expanding South African government contract.
Services revenue increased 9.1% to $94.3 million, representing 85% of total revenue of $110.8 million. Cash flow from operating activities increased 79% to $8.4 million.
Dimensional Fund Advisors LP increased its stake in PowerFleet, Inc. (NASDAQ: AIOT) by 20.3% in the first quarter, according to the company in its most recent Form 13F filing with the Securities and Exchange Commission. The fund owned 4,129,670 shares of the company's stock after buying an additional 698,112 shares during the quarter.
Besides Wall Street's top-and-bottom-line estimates for PowerFleet (AIOT), review projections for some of its key metrics to gain a deeper understanding of how the company might have fared during the quarter ended June 2026.
WOODCLIFF LAKE, N.J., July 27, 2026 /PRNewswire/ -- Powerfleet, Inc. (Nasdaq: AIOT) today announced that it will hold a conference call on Monday, August 10, 2026, at 8:30 a.m.
Michael Casey Rejoins Board of Directors and Is Appointed Chair of the Audit Committee WOODCLIFF LAKE, N.J., July 21, 2026 /PRNewswire/ -- Powerfleet, Inc. (Nasdaq: AIOT; JSE: PWR) today announced that its Board of Directors has appointed Michael Casey to rejoin the Board and serve as Chair of the Audit Committee, effective as of July 15, 2026.
PERTH, Australia--(BUSINESS WIRE)--Powerfleet launches SafeGuard in Australia, AI-powered risk intelligence helping safety teams identify and act on driver risk in real time.
Investors need to pay close attention to AIOT stock based on the movements in the options market lately.
U.S. stocks were lower, with the Nasdaq Composite falling around 200 points on Wednesday.
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.
Powerfleet's Q4 call pointed to a fiscal 2027 growth push built on margin expansion, cash generation, South Africa rollout and enterprise deployments.
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.