Northland Securities Estimates PowerFleet Q1 Earnings

PowerFleet, Inc. (NASDAQ:AIOT) – Northland Securities issued their Q1 2027 earnings estimates for shares of PowerFleet in a research note issued to investors on Tuesday, June 16th. Northland Securities 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 $0.11 per share. Northland Securities also issued estimates for PowerFleet’s Q2 2027 earnings at $0.00 EPS, Q4 2027 earnings at $0.03 EPS and FY2027 earnings at $0.04 EPS.

PowerFleet (NASDAQ:AIOT) last released its quarterly earnings results on Monday, June 15th. The company reported $0.04 EPS for the quarter. PowerFleet had a negative return on equity of 1.33% and a negative net margin of 4.63%.The company had revenue of $114.49 million during the quarter, compared to analyst estimates of $112.98 million. During the same quarter last year, the business posted ($0.09) earnings per share.

Several other equities analysts also recently weighed in on AIOT. Weiss Ratings reissued a “hold (c-)” rating on shares of PowerFleet in a research report on Friday, May 8th. UBS Group set a $7.00 price objective on shares of PowerFleet in a research note on Tuesday. Raymond James Financial reduced their target price on shares of PowerFleet from $8.00 to $7.00 and set an “outperform” rating on the stock in a research note on Tuesday. Finally, Wall Street Zen upgraded shares of PowerFleet from a “sell” rating to a “hold” rating in a report on Saturday, May 9th. Three equities research analysts have rated the stock with a Buy rating and two have assigned a Hold rating to the company. Based on data from MarketBeat, the stock currently has an average rating of “Moderate Buy” and an average target price of $9.67.

PowerFleet Price Performance

NASDAQ:AIOT opened at $4.14 on Wednesday. The firm has a market capitalization of $555.37 million, a price-to-earnings ratio of -25.88 and a beta of 1.43. PowerFleet has a 1 year low of $2.78 and a 1 year high of $5.88. The business has a 50 day simple moving average of $3.47 and a 200-day simple moving average of $4.11. The company has a debt-to-equity ratio of 0.48, a current ratio of 1.09 and a quick ratio of 0.96.

Hedge Funds Weigh In On PowerFleet

Several hedge funds have recently bought and sold shares of the business. Hurley Capital LLC bought a new position in shares of PowerFleet in the fourth quarter worth about $32,000. Royal Bank of Canada boosted its position in PowerFleet by 76.9% in the 1st quarter. Royal Bank of Canada now owns 11,233 shares of the company’s stock valued at $34,000 after buying an additional 4,883 shares during the period. Pinnacle Wealth Management Advisory Group LLC purchased a new stake in PowerFleet in the 1st quarter valued at about $35,000. Kemnay Advisory Services Inc. bought a new position in PowerFleet in the 4th quarter worth about $48,000. Finally, BNP Paribas Financial Markets grew its stake 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 acquiring an additional 5,904 shares in the last quarter. Institutional investors own 73.40% of the company’s stock.

Key Headlines Impacting PowerFleet

Here are the key news stories impacting PowerFleet this week:

• Positive Sentiment: PowerFleet reported Q4 revenue of $114.5 million, up 11% year over year, with adjusted EBITDA rising 42% to $26.4 million and operating income turning positive at $11.0 million. Powerfleet Reports Results for Fourth Quarter and Full-Year Fiscal 2026
• Positive Sentiment: Management guided FY2027 revenue to $485 million-$490 million, above consensus, and investors are viewing the forecast as evidence of continued growth and operating leverage. PowerFleet Is Finally Generating Cash, A Major Turning Point
• Positive Sentiment: The company highlighted improving fundamentals, including more than 80% recurring service revenue, gross margin expansion to 56.5%, and FY2027 free cash flow guidance of $30 million-$35 million, which supports the bullish re-rating. PowerFleet Is Finally Generating Cash, A Major Turning Point
• Positive Sentiment: PowerFleet also signed a five-year South African National Treasury agreement that could add $100 million-$120 million in total contract value, giving investors another long-term revenue catalyst. Powerfleet Reports Results for Fourth Quarter and Full-Year Fiscal 2026

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.