AIOT Logo

PowerFleet, Inc. (AIOT) Stock Forecast & Price Prediction

Live AIOT Stock Price & Analysis

Home โ€บ Stocks โ€บ United States | NASDAQ | Technology | Software - Infrastructure

$7.80

+1.85 (31.09%)

12 Month Price Forecast For AIOT

$7.80
Current Price
$786.54M
Market Cap
7 Ratings
Buy 7
Hold 0
Sell 0
Wall St Analyst Ratings

Distance to AIOT Price Forecasts

+92.3%
To High Target of $15.00
+21.8%
To Median Target of $9.50
-10.3%
To Low Target of $7.00

AIOT Price Momentum

+29.8%
1 Week Change
+37.6%
1 Month Change
0.0%
1 Year Change
+17.1%
Year-to-Date Change
-5.5%
From 52W High of $8.26
+95.5%
From 52W Low of $3.99

๐Ÿค” Considering PowerFleet (AIOT)?

Join 5,000+ investors getting our exclusive market analysis every Monday & Thursday. Stay ahead of breakout opportunities.

Disclaimer: The information provided by Ticker Nerd is for educational and informational purposes only. It should not be considered financial or investment advice. Past performance is not indicative of future results. Always conduct your own research and consult with a qualified financial advisor before making any investment decisions. Analyst ratings and price forecasts are sourced from Wall St analysts and other experts. These projections are speculative and do not guarantee future stock performance.

Data last updated: February 11, 2025 5:48 PM UTC

AIOT Analyst Ratings & Price Targets

Based on our analysis of 3 Wall Street analysts, AIOT has a bullish consensus with a median price target of $9.50 (ranging from $7.00 to $15.00). Currently trading at $7.80, the median forecast implies a 21.8% upside. This outlook is supported by 7 Buy, 0 Hold, and 0 Sell ratings.

The most optimistic forecast comes from Gary Prestopino at Barrington Research, projecting a 92.3% upside.

Please note that analyst price targets are forward-looking estimates subject to substantial market, economic, and company-specific risks. Past performance does not guarantee future results, and actual stock performance may materially differ from these projections. Investors should conduct their own due diligence and consider their investment objectives and risk tolerance before making investment decisions.

AIOT Analyst Consensus

7
Buy
0
Hold
0
Sell

AIOT Price Target Range

Low
$7.00
Average
$9.50
High
$15.00
Current: $7.80

Latest AIOT Stock Forecasts by Analyst

These are the latest 20 analyst ratings and price targets for AIOT.

Date Firm Analyst Rating Change Price Target
Feb 6, 2025 Barrington Research Gary Prestopino Outperform Maintains $15.00
Nov 22, 2024 Barrington Research Gary Prestopino Outperform Maintains $15.00
Nov 22, 2024 Northland Capital Markets Greg Gibas Outperform Maintains $10.00
Nov 14, 2024 Barrington Research Outperform Maintains $0.00
Nov 11, 2024 Barrington Research Outperform Maintains $0.00
Oct 3, 2024 Barrington Research Gary Prestopino Outperform Maintains $10.00
Sep 24, 2024 Barrington Research Gary Prestopino Outperform Maintains $10.00
Aug 26, 2024 Barrington Research Gary Prestopino Outperform Maintains $10.00
Aug 22, 2024 Barrington Research Gary Prestopino Outperform Maintains $10.00
Aug 5, 2024 Barrington Research Gary Prestopino Outperform Maintains $10.00
Apr 30, 2024 Barrington Research Outperform Maintains $0.00
Mar 18, 2024 Northland Capital Markets Outperform Initiates $0.00
Mar 15, 2024 Craig-Hallum Buy Initiates $0.00
Mar 13, 2024 Lake Street Buy Maintains $0.00
Mar 13, 2024 Canaccord Genuity Buy Maintains $0.00
Mar 12, 2024 Barrington Research Outperform Maintains $0.00

Stocks Similar to PowerFleet, Inc.

The following stocks are similar to PowerFleet based on their market capitalization and industry sector. These similar stocks potentially provide investors with alternative investment opportunities within the same market segment.

PowerFleet, Inc. (AIOT) Financial Data

PowerFleet, Inc. has a market capitalization of $786.54M with a P/E ratio of -17.6x. The company generates $221.07M in trailing twelve-month revenue with a -23.3% profit margin.

Revenue growth is +124.9% quarter-over-quarter, while maintaining an operating margin of +2.3% and return on equity of -13.4%.

Valuation Metrics

Market Cap $786.54M
Enterprise Value $916.41M
P/E Ratio -17.6x
PEG Ratio 19.8x
Price/Sales 3.6x

Growth & Margins

Revenue Growth (YoY) +124.9%
Gross Margin +53.7%
Operating Margin +2.3%
Net Margin -23.3%
EPS Growth N/A

Financial Health

Cash/Price Ratio +2.5%
Current Ratio 1.7x
Debt/Equity 34.7x
ROE -13.4%
ROA -5.6%

๐Ÿ”ฅ Want More High-Potential Stock Ideas?

Join 5,000+ investors getting our research on stocks with massive upside potential.

PowerFleet, Inc. logo

PowerFleet, Inc. (AIOT) Company Overview

About PowerFleet, Inc.

What They Do

Provides IoT solutions for efficiency and safety.

Business Model

The company operates on a Software as a Service (SaaS) model, generating revenue through cloud-based applications and services that leverage data from IoT devices. It offers a suite of products that include maintenance, support, and consulting services, targeting various sectors such as automotive, logistics, and government, while also utilizing indirect sales channels.

Additional Information

PowerFleet markets its solutions under the brands PowerFleet, Pointer, and Cellocator. Established in 1993, the company has a diverse customer base across multiple industries, focusing on enhancing profitability and operational efficiency through actionable insights and real-time data.

Company Information

Sector

Technology

Industry

Software - Infrastructure

Employees

1,954

CEO

Mr. Steve Towe

Country

United States

IPO Year

1999

PowerFleet, Inc. (AIOT) Latest News & Analysis

AIOT stock latest news image
Quick Summary

Powerfleet, Inc. reported Q3 revenue of $106 million, up 45% YoY, with adjusted EBITDA rising 77% to $22 million. FY25 guidance increased for revenue and EBITDA, indicating strong growth potential.

Why It Matters

Strong Q3 revenue and EBITDA growth signal robust business performance, enhancing investor confidence. Increased guidance and margins suggest ongoing profitability and positive future prospects.

Source: PRNewsWire
Market Sentiment: Neutral
AIOT stock latest news image
Quick Summary

Powerfleet, Inc. (Nasdaq: AIOT) will hold a conference call on February 10, 2025, at 8:30 a.m. for investors and analysts.

Why It Matters

The upcoming conference call may provide insights into Powerfleet's performance and strategy, influencing investor sentiment and stock price movement.

Source: PRNewsWire
Market Sentiment: Neutral
AIOT stock latest news image
Quick Summary

Powerfleet, Inc. (Nasdaq: AIOT) will present at the Needham Growth Conference on January 14 at 4:30 PM ET, discussing business changes and data insights for customer digital transformations.

Why It Matters

Powerfleet's participation in the Needham Growth Conference highlights its commitment to innovation and growth, potentially attracting investor interest and impacting stock performance.

Source: PRNewsWire
Market Sentiment: Neutral
AIOT stock latest news image
Quick Summary

Powerfleet, Inc. (Nasdaq: AIOT) has appointed Mike Powell as Chief Innovation Officer, effective immediately, enhancing its leadership in AIoT.

Why It Matters

Leadership changes can impact a company's strategic direction and innovation capacity, potentially influencing stock performance and investor confidence in Powerfleet's growth prospects.

Source: PRNewsWire
Market Sentiment: Neutral
AIOT stock latest news image
Quick Summary

The 'Undercovered' Dozen series highlights stocks like American Battery Technology, backed by a $144M DOE grant, and Quantum Corp, benefiting from data solutions for GenAI firms.

Why It Matters

The featured stocks, backed by funding and strategic positioning, present high growth potential in emerging markets, appealing to investors seeking undervalued opportunities.

Source: Seeking Alpha
Market Sentiment: Positive
AIOT stock latest news image
Quick Summary

PowerFleet is positioned as a cost-effective competitor to Samsara in the fleet management sector, potentially appealing to budget-conscious investors.

Why It Matters

PowerFleet's emergence as a cost-effective competitor to Samsara could disrupt market dynamics, potentially attracting customers seeking budget-friendly solutions, impacting investor sentiment and stock performance.

Source: Seeking Alpha
Market Sentiment: Neutral

Frequently Asked Questions About AIOT Stock

What is PowerFleet, Inc.'s (AIOT) stock forecast for 2025?

Based on our analysis of 3 Wall Street analysts, PowerFleet, Inc. (AIOT) has a median price target of $9.50. The highest price target is $15.00 and the lowest is $7.00.

Is AIOT stock a good investment in 2025?

According to current analyst ratings, AIOT has 7 Buy ratings, 0 Hold ratings, and 0 Sell ratings. The stock is currently trading at $7.80. Always conduct your own research and consider your investment goals before making investment decisions.

What is the price prediction for AIOT stock?

Wall Street analysts predict AIOT stock could reach $9.50 in the next 12 months. This represents a 21.8% increase from the current price of $7.80. Please note that this is a projection by Wall Street analysts and not a guarantee.

What is PowerFleet, Inc.'s business model?

The company operates on a Software as a Service (SaaS) model, generating revenue through cloud-based applications and services that leverage data from IoT devices. It offers a suite of products that include maintenance, support, and consulting services, targeting various sectors such as automotive, logistics, and government, while also utilizing indirect sales channels.

What is the highest forecasted price for AIOT PowerFleet, Inc.?

The highest price target for AIOT is $15.00 from Gary Prestopino at Barrington Research, which represents a 92.3% increase from the current price of $7.80.

What is the lowest forecasted price for AIOT PowerFleet, Inc.?

The lowest price target for AIOT is $7.00 from at , which represents a -10.3% decrease from the current price of $7.80.

What is the overall AIOT consensus from analysts for PowerFleet, Inc.?

The overall analyst consensus for AIOT is bullish. Out of 3 Wall Street analysts, 7 rate it as Buy, 0 as Hold, and 0 as Sell, with a median price target of $9.50.

How accurate are AIOT stock price projections?

Stock price projections, including those for PowerFleet, Inc., are based on various factors including financial models, market conditions, and analyst forecasts. While these predictions provide valuable insights, they should be considered alongside your own research and risk tolerance.