PowerFleet (AIOT) Projected to Post Quarterly Earnings on Monday

PowerFleet (NASDAQ:AIOTGet Free Report) is expected to announce its Q3 2026 results before the market opens on Monday, February 9th. Analysts expect the company to announce earnings of $0.0350 per share and revenue of $111.6910 million for the quarter. Individuals are encouraged to explore the company’s upcoming Q3 2026 earning overview page for the latest details on the call scheduled for Monday, February 9, 2026 at 8:30 AM ET.

PowerFleet (NASDAQ:AIOTGet Free Report) last issued its earnings results on Monday, November 10th. The company reported $0.02 earnings per share (EPS) for the quarter, hitting analysts’ consensus estimates of $0.02. The company had revenue of $111.68 million during the quarter, compared to analyst estimates of $105.51 million. PowerFleet had a negative return on equity of 9.00% and a negative net margin of 9.70%. On average, analysts expect PowerFleet to post $0 EPS for the current fiscal year and $0 EPS for the next fiscal year.

PowerFleet Stock Up 5.9%

PowerFleet stock opened at $4.84 on Friday. The business’s 50-day simple moving average is $5.30 and its two-hundred day simple moving average is $5.01. The company has a debt-to-equity ratio of 0.49, a quick ratio of 0.93 and a current ratio of 1.07. The company has a market cap of $647.69 million, a PE ratio of -15.61 and a beta of 1.33. PowerFleet has a fifty-two week low of $3.70 and a fifty-two week high of $8.71.

Analyst Ratings Changes

A number of brokerages recently commented on AIOT. Zacks Research upgraded PowerFleet from a “strong sell” rating to a “hold” rating in a research report on Monday, October 13th. Wall Street Zen upgraded shares of PowerFleet from a “sell” rating to a “hold” rating in a research note on Saturday, December 13th. William Blair reaffirmed an “outperform” rating on shares of PowerFleet in a report on Tuesday, November 11th. Weiss Ratings reissued a “sell (d-)” rating on shares of PowerFleet in a report on Wednesday, January 21st. Finally, Barrington Research restated an “outperform” rating and set a $15.00 target price on shares of PowerFleet in a research report on Friday. Five research analysts have rated the stock with a Buy rating, one has given a Hold rating and one has assigned a Sell rating to the stock. According to MarketBeat, PowerFleet presently has a consensus rating of “Moderate Buy” and a consensus target price of $10.50.

Get Our Latest Report on PowerFleet

Institutional Investors Weigh In On PowerFleet

Hedge funds have recently modified their holdings of the company. Verition Fund Management LLC increased its position in shares of PowerFleet by 56.5% in the third quarter. Verition Fund Management LLC now owns 37,789 shares of the company’s stock valued at $198,000 after buying an additional 13,637 shares in the last quarter. Sherbrooke Park Advisers LLC purchased a new position in shares of PowerFleet during the 3rd quarter valued at approximately $152,000. Brevan Howard Capital Management LP acquired a new stake in PowerFleet in the 3rd quarter valued at $178,000. Franklin Resources Inc. purchased a new stake in PowerFleet in the 3rd quarter worth $193,000. Finally, The Manufacturers Life Insurance Company increased its holdings in PowerFleet by 31.3% in the 2nd quarter. The Manufacturers Life Insurance Company now owns 45,113 shares of the company’s stock worth $194,000 after acquiring an additional 10,766 shares in the last quarter. 73.40% of the stock is owned by hedge funds and other institutional investors.

PowerFleet Company Profile

(Get Free Report)

PowerFleet, Inc (NASDAQ: AIOT) develops and delivers Internet of Things (IoT)–based telematics and asset-tracking solutions designed to help businesses monitor, manage and optimize fleets of vehicles and industrial equipment. Its core offerings include wireless sensors, GPS tracking devices and cloud-hosted software platforms that provide real-time visibility into vehicle whereabouts, usage patterns, fuel consumption and maintenance needs. The company’s systems also support regulatory compliance and safety monitoring, enabling customers to reduce operational costs, minimize theft and improve overall asset utilization.

The company’s hardware portfolio features RFID readers, active and passive tags, onboard diagnostics (OBD) adapters and temperature or motion sensors that can be deployed on trucks, trailers, forklifts, containers and other high-value assets.

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Earnings History for PowerFleet (NASDAQ:AIOT)

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