Northland Securities Weighs in on PowerFleet FY2026 Earnings

PowerFleet, Inc. (NASDAQ:AIOT) – Research analysts at Northland Securities increased their FY2026 earnings per share estimates for shares of PowerFleet in a research note issued on Tuesday, February 10th. Northland Securities analyst G. Gibas now expects that the company will post earnings per share of ($0.14) for the year, up from their prior estimate of ($0.16). The consensus estimate for PowerFleet’s current full-year earnings is ($0.32) per share.

Other analysts have also issued research reports about the company. Barrington Research reaffirmed an “outperform” rating and issued a $15.00 target price on shares of PowerFleet in a report on Friday, February 6th. Wall Street Zen upgraded shares of PowerFleet from a “sell” rating to a “hold” rating in a research note on Saturday, December 13th. Weiss Ratings upgraded shares of PowerFleet from a “sell (d-)” rating to a “hold (c-)” rating in a research report on Tuesday. Finally, William Blair restated an “outperform” rating on shares of PowerFleet in a report on Tuesday, November 11th. Four investment analysts have rated the stock with a Buy rating and two have given a Hold rating to the company’s stock. Based on data from MarketBeat, PowerFleet presently has an average rating of “Moderate Buy” and an average price target of $10.33.

PowerFleet Stock Down 10.7%

AIOT stock opened at $3.60 on Friday. The stock has a market capitalization of $482.94 million, a price-to-earnings ratio of -15.65 and a beta of 1.33. The company has a 50-day moving average of $5.23 and a two-hundred day moving average of $5.00. PowerFleet has a 52-week low of $3.59 and a 52-week high of $8.26. The company has a debt-to-equity ratio of 0.48, a current ratio of 1.09 and a quick ratio of 0.93.

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

Hedge Funds Weigh In On PowerFleet

A number of institutional investors have recently modified their holdings of the stock. Private Capital Management LLC increased its position in PowerFleet by 9.1% in the third quarter. Private Capital Management LLC now owns 7,354,073 shares of the company’s stock worth $38,535,000 after purchasing an additional 610,660 shares during the period. Voss Capital LP grew its holdings in PowerFleet by 4.3% during the third quarter. Voss Capital LP now owns 5,800,000 shares of the company’s stock valued at $30,392,000 after purchasing an additional 240,509 shares during the period. Private Management Group Inc. increased its stake in PowerFleet by 1.1% in the fourth quarter. Private Management Group Inc. now owns 5,264,812 shares of the company’s stock valued at $28,009,000 after purchasing an additional 56,534 shares in the last quarter. Royce & Associates LP raised its holdings in PowerFleet by 3.7% in the fourth quarter. Royce & Associates LP now owns 4,471,131 shares of the company’s stock worth $23,786,000 after purchasing an additional 159,256 shares during the period. Finally, CenterBook Partners LP increased its holdings in shares of PowerFleet by 40.4% in the second quarter. CenterBook Partners LP now owns 4,040,568 shares of the company’s stock worth $17,415,000 after acquiring an additional 1,162,742 shares in the last quarter. 73.40% of the stock is owned by institutional investors.

Key Stories Impacting PowerFleet

Here are the key news stories impacting PowerFleet this week:

• Positive Sentiment: Northland Securities raised several forward EPS estimates, lifting FY‑2027 from $0.03 to $0.05 and nudging Q4 2026 from ($0.02) to ($0.01). Upward revisions for FY‑2027 and quarterly forecasts signal analyst confidence in an earnings recovery beyond the most recent quarter. Northland estimates
• Neutral Sentiment: Northland published a detailed cadence for 2027 (Q1: $0.00, Q2: $0.01, Q3: $0.02, Q4: $0.02) that implies gradual margin and profitability improvement rather than a near‑term surge — useful for modeling but not an immediate catalyst. Northland estimates
• Negative Sentiment: Market reaction to the most recent quarter (reported Feb 9) has been negative: EPS missed consensus and the firm showed negative margins, triggering a sell‑off. Coverage noted shares fell following the weak earnings print. Elevated trading volume suggests stronger conviction behind the move. PowerFleet Shares Down After Weak Earnings

PowerFleet Company Profile

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.