Powerfleet, Inc. (NASDAQ:AIOT - Free Report) - Investment analysts at Northland Capmk issued their Q1 2026 earnings per share estimates for shares of Powerfleet in a report released on Tuesday, February 11th. Northland Capmk analyst G. Gibas forecasts that the company will post earnings of ($0.01) per share for the quarter. The consensus estimate for Powerfleet's current full-year earnings is ($0.14) per share. Northland Capmk also issued estimates for Powerfleet's Q2 2026 earnings at $0.00 EPS, Q3 2026 earnings at $0.01 EPS and Q4 2026 earnings at $0.02 EPS.
Several other research firms have also weighed in on AIOT. Lake Street Capital upped their price objective on Powerfleet from $7.00 to $11.00 and gave the company a "buy" rating in a research note on Tuesday, February 11th. Barrington Research reiterated an "outperform" rating and issued a $15.00 price target on shares of Powerfleet in a research report on Thursday. William Blair reissued an "outperform" rating on shares of Powerfleet in a report on Thursday, November 21st. Finally, Northland Securities upped their target price on shares of Powerfleet from $10.00 to $11.00 and gave the stock an "outperform" rating in a report on Tuesday, February 11th.
View Our Latest Research Report on Powerfleet
Powerfleet Stock Performance
Shares of AIOT stock traded up $0.03 during mid-day trading on Thursday, reaching $8.10. The company's stock had a trading volume of 1,633,137 shares, compared to its average volume of 1,534,284. The company has a current ratio of 1.71, a quick ratio of 1.51 and a debt-to-equity ratio of 0.25. Powerfleet has a 1-year low of $2.85 and a 1-year high of $8.71. The firm's 50-day moving average is $6.52 and its two-hundred day moving average is $5.74.
Powerfleet (NASDAQ:AIOT - Get Free Report) last released its earnings results on Monday, February 10th. The company reported ($0.11) earnings per share for the quarter, missing the consensus estimate of $0.02 by ($0.13).
Hedge Funds Weigh In On Powerfleet
Hedge funds have recently added to or reduced their stakes in the company. Signaturefd LLC acquired a new position in Powerfleet during the 4th quarter valued at about $25,000. Comerica Bank acquired a new position in Powerfleet in the fourth quarter valued at approximately $42,000. Financial Management Professionals Inc. bought a new position in Powerfleet in the fourth quarter valued at approximately $50,000. Spire Wealth Management bought a new position in Powerfleet in the fourth quarter valued at approximately $55,000. Finally, Legal & General Group Plc bought a new stake in shares of Powerfleet during the 4th quarter valued at $58,000. Institutional investors own 73.40% of the company's stock.
Insider Transactions at Powerfleet
In other Powerfleet news, insider Catherine J. Lewis sold 82,010 shares of the stock in a transaction on Thursday, December 5th. The stock was sold at an average price of $7.05, for a total value of $578,170.50. Following the transaction, the insider now directly owns 240,962 shares in the company, valued at approximately $1,698,782.10. This trade represents a 25.39 % decrease in their position. The sale was disclosed in a filing with the Securities & Exchange Commission, which is accessible through this hyperlink. Company insiders own 7.79% of the company's stock.
About Powerfleet
(
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PowerFleet, Inc engages in the provision of fleet management solutions for logistics, industrial, and vehicles. It offers wireless Internet of Things and machine to machine solutions for securing, controlling, tracking, and managing enterprise assets such as industrial trucks, tractor trailers, containers, cargo, and vehicle and truck fleets.
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