Northland Securities Comments on PowerFleet Q4 Earnings

PowerFleet, Inc. (NASDAQ:AIOT) – Equities researchers at Northland Securities increased their Q4 2026 EPS estimates for PowerFleet in a research note issued on Tuesday, February 10th. Northland Securities analyst G. Gibas now anticipates that the company will earn ($0.01) per share for the quarter, up from their previous forecast of ($0.02). The consensus estimate for PowerFleet’s current full-year earnings is ($0.32) per share.

A number of other analysts have also commented on AIOT. William Blair reiterated an “outperform” rating on shares of PowerFleet in a report on Tuesday, November 11th. Wall Street Zen raised PowerFleet from a “sell” rating to a “hold” rating in a research report on Saturday, December 13th. Barrington Research reiterated an “outperform” rating and set a $15.00 price target on shares of PowerFleet in a research note on Friday, February 6th. Finally, Weiss Ratings upgraded shares of PowerFleet from a “sell (d-)” rating to a “hold (c-)” rating in a research report on Tuesday. Four equities research analysts have rated the stock with a Buy rating and two have issued a Hold rating to the company’s stock. According to MarketBeat.com, PowerFleet currently has an average rating of “Moderate Buy” and an average target price of $10.33.

PowerFleet Trading Down 3.4%

NASDAQ:AIOT opened at $4.03 on Thursday. PowerFleet has a 52 week low of $3.70 and a 52 week high of $8.49. The firm has a 50-day moving average price of $5.26 and a two-hundred day moving average price of $5.01. The company has a debt-to-equity ratio of 0.48, a quick ratio of 0.93 and a current ratio of 1.09. The firm has a market cap of $540.62 million, a price-to-earnings ratio of -17.52 and a beta of 1.33.

PowerFleet (NASDAQ:AIOT) last released its quarterly earnings results on Monday, February 9th. The company reported $0.02 earnings per share for the quarter, missing the consensus estimate of $0.04 by ($0.02). PowerFleet had a negative return on equity of 5.23% and a negative net margin of 7.00%.The firm had revenue of $113.49 million for the quarter, compared to analysts’ expectations of $111.69 million.

Institutional Trading of PowerFleet

Hedge funds and other institutional investors have recently bought and sold shares of the company. State of Alaska Department of Revenue purchased a new position in PowerFleet in the 3rd quarter worth $31,000. CWM LLC raised its position in PowerFleet by 784.9% during the 3rd quarter. CWM LLC now owns 6,203 shares of the company’s stock valued at $33,000 after purchasing an additional 5,502 shares during the last quarter. BNP Paribas Financial Markets lifted its holdings in PowerFleet by 100.9% in the 2nd quarter. BNP Paribas Financial Markets now owns 11,756 shares of the company’s stock worth $51,000 after buying an additional 5,904 shares during the period. Spire Wealth Management grew its position in shares of PowerFleet by 39.6% in the 2nd quarter. Spire Wealth Management now owns 12,750 shares of the company’s stock worth $55,000 after buying an additional 3,620 shares during the last quarter. Finally, Ameritas Investment Partners Inc. increased its position in PowerFleet by 43.2% during the 2nd quarter. Ameritas Investment Partners Inc. now owns 12,692 shares of the company’s stock valued at $55,000 after purchasing an additional 3,826 shares during the period. Hedge funds and other institutional investors own 73.40% of the company’s stock.

About PowerFleet

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.