Barrington Research Reaffirms Outperform Rating for PowerFleet (AIOT)
Written by Emily J. Thompson, Senior Investment Analyst
Updated: Nov 27 2025
0mins
Should l Buy AIOT?
Source: NASDAQ.COM
Analyst Recommendation: Barrington Research has maintained an "Outperform" rating for PowerFleet (NasdaqGM:AIOT) as of November 26, 2025, with a projected average one-year price target of $10.88/share, indicating a potential upside of 131.49% from its current price of $4.70/share.
Fund Sentiment: There are 347 funds reporting positions in PowerFleet, with a 1.17% increase in ownership over the last quarter. The average portfolio weight for these funds is 0.25%, reflecting a bullish sentiment as indicated by a put/call ratio of 0.04.
Shareholder Activity: Notable shareholders include Private Capital Management and Disciplined Growth Investors, with the former increasing its holdings by 8.30% and the latter decreasing by 9.48%. Other firms like Voss Capital and Private Management Group also adjusted their allocations, showing varied investment strategies.
Fintel Overview: Fintel provides comprehensive investment research tools, including fundamentals, analyst reports, and fund sentiment data, aimed at individual investors and small hedge funds to enhance their investment decisions.
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Analyst Views on AIOT
Wall Street analysts forecast AIOT stock price to rise over the next 12 months. According to Wall Street analysts, the average 1-year price target for AIOT is 11.00 USD with a low forecast of 8.00 USD and a high forecast of 15.00 USD. However, analyst price targets are subjective and often lag stock prices, so investors should focus on the objective reasons behind analyst rating changes, which better reflect the company's fundamentals.
6 Analyst Rating
6 Buy
0 Hold
0 Sell
Strong Buy
Current: 4.840
Low
8.00
Averages
11.00
High
15.00
Current: 4.840
Low
8.00
Averages
11.00
High
15.00
About AIOT
Powerfleet, Inc. is a provider of artificial Internet of things (AIoT) software-as-a-service (SaaS) solution, which includes valuable business intelligence for managing high-value enterprise assets. The Company delivers advanced mobility solutions that connect assets to increase visibility operational efficiency and profitability by leveraging its Unity platform product strategy. Its Powerfleet for Warehouse solutions are designed to provide on-premises or in-facility asset and operator management, monitoring, and visibility for warehouse trucks. Its Powerfleet for Logistics solutions are designed to provide bumper-to-bumper asset management, monitoring, and visibility for over-the-road based assets. Its Powerfleet for Vehicles solutions are designed both to enhance the vehicle fleet management process, whether it’s a rental car, a private fleet, or automotive original equipment manufacturer (OEM) partners. Its offerings are sold under the Powerfleet, Pointer, and Cellocator brands.
About the author
Emily J. Thompson
Emily J. Thompson, a Chartered Financial Analyst (CFA) with 12 years in investment research, graduated with honors from the Wharton School. Specializing in industrial and technology stocks, she provides in-depth analysis for Intellectia’s earnings and market brief reports.
Powerfleet Secures Major Contract with South African Government
- Large Contract Award: Powerfleet has secured a contract with South African government departments overseeing over 100,000 vehicles, which is anticipated to be one of the largest deployments in the company's history, significantly enhancing its market share in the public sector.
- Substantial Revenue Potential: The agreement is expected to generate significant recurring SaaS and service revenue over a minimum five-year term, with preliminary department enrollments exceeding expectations, indicating strong market demand that will contribute to the company's long-term financial stability.
- Deepened Partnership: This contract expands Powerfleet's existing partnership with MTN, facilitating nationwide secure connectivity and managed network infrastructure, thereby further solidifying their strategic collaboration in the public sector.
- Technology Modernization Drive: Powerfleet's CEO Steve Towe noted that this award reflects the increasing adoption of data-driven fleet technologies by public sector organizations, which is expected to lay the groundwork for future software and analytics adoption by the company.
See More
PowerFleet Q3 Earnings Report Analysis
- Earnings Performance: PowerFleet reported a Q3 non-GAAP EPS of $0.02, missing expectations by $0.02, although revenue reached $113.5 million, a 6.7% year-over-year increase, exceeding expectations by $1.81 million, demonstrating resilience in revenue growth.
- Net Loss Improvement: The net loss margin improved from 13% in the prior year to 3%, reflecting significant progress in cost management and operational efficiency, which enhances investor confidence in future profitability.
- Adjusted EBITDA Growth: Adjusted EBITDA increased by 26% year-over-year to $25.7 million from $20.5 million, with the EBITDA margin rising from 19% to 23%, indicating success in achieving cost synergies and operational leverage.
- 2026 Financial Outlook: The company updated its full-year guidance, expecting revenue in the range of $440 million to $445 million, with adjusted EBITDA growth projected at approximately 45% year-over-year, reflecting investments in the South African public sector opportunity that will drive future revenue growth.
See More
Powerfleet Reports Record Q3 Revenue of $113.5 Million
- Significant Revenue Growth: Powerfleet's total revenue for Q3 increased by 7% year-over-year to a record $113.5 million, up from $106.4 million last year, reflecting strong performance in high-value services, with service revenue rising 11% to $91.1 million, now representing 80% of total revenue.
- Operating Profit Turnaround: The company reported an operating profit of $6.3 million, a substantial improvement from an operating loss of $1.2 million in the same quarter last year, showcasing successful cost control and operational efficiency, which is expected to further boost investor confidence.
- Net Loss Reduction: Net loss decreased significantly from $14.3 million last year to $3.4 million, indicating substantial progress in profitability, with expectations for continued financial improvement in the future.
- Strong EBITDA Growth: Adjusted EBITDA rose by 26% to $25.7 million, with EBITDA margins expanding from 19% to 23%, demonstrating ongoing enhancements in operational efficiency and profitability, thereby strengthening the company's competitive position in the market.
See More
Powerfleet Reports Record Q3 Revenue of $113.5 Million
- Significant Revenue Growth: Powerfleet's total revenue reached $113.5 million in Q3, marking a 7% year-over-year increase, primarily driven by strong growth in high-value services, which rose 11% and now represent 80% of total revenue, indicating increasing market acceptance of the AIoT platform.
- Positive Operating Profit: The company reported an operating profit of $6.3 million, a turnaround from an operating loss of $1.2 million in the same quarter last year, showcasing significant improvements in cost management and operational efficiency, which is expected to bolster investor confidence.
- Substantial Net Loss Improvement: Net loss narrowed to $3.4 million from $14.3 million year-over-year, with the net loss margin improving from 13% to 3%, reflecting ongoing enhancements in profitability that may attract more investor interest.
- Adjusted EBITDA Growth: Adjusted EBITDA surged 26% to $25.7 million, with EBITDA margin increasing from 19% to 23%, indicating the company's success in achieving revenue growth while enhancing operational leverage and realizing cost synergies.
See More
PowerFleet Q3 Earnings Announcement Scheduled
- Earnings Release Date: PowerFleet (AIOT) is set to announce its Q3 earnings on February 9th before market open, with a consensus EPS estimate of $0.04, reflecting a significant year-over-year growth of 300%, which will be a critical indicator of the company's financial health.
- Revenue Expectations: Analysts forecast PowerFleet's Q3 revenue at $111.69 million, representing a 5% year-over-year increase, indicating the company's stable growth potential despite facing intense competition in the market.
- Performance Prediction Changes: Over the past year, PowerFleet has not missed EPS estimates, achieving a 0% miss rate, while it has successfully met revenue estimates 75% of the time, showcasing its relative strength in revenue management.
- Estimate Revision Trends: In the last three months, there have been no upward revisions to EPS estimates, with three downward adjustments, while revenue estimates saw five upward revisions and one downward, indicating mixed market sentiment regarding the company's future performance.
See More
Powerfleet to Hold Q3 Fiscal 2026 Earnings Call
- Earnings Call Announcement: Powerfleet will hold a conference call on February 9, 2026, at 8:30 a.m. Eastern Time to discuss its Q3 fiscal 2026 results ending December 31, 2026, with financial results released prior to the call to ensure timely information for investors.
- Participation Details: The call can be accessed via toll-free number 888-506-0062 and international number 973-528-0011, with participant access code 935500, ensuring all stakeholders can join and ask questions, enhancing transparency.
- Meeting Agenda: Powerfleet management will lead the presentation followed by a Q&A session post-results announcement, aimed at addressing investor inquiries and providing deeper financial insights to foster engagement with investors.
- Company Overview: Powerfleet is a global leader in the AIoT SaaS mobile asset industry with over 30 years of experience, committed to delivering actionable insights through data integration and analysis, helping businesses save time and costs.
See More
Powerfleet Secures Major Contract with South African Government
- Large Contract Award: Powerfleet has secured a contract with South African government departments overseeing over 100,000 vehicles, which is anticipated to be one of the largest deployments in the company's history, significantly enhancing its market share in the public sector.
- Substantial Revenue Potential: The agreement is expected to generate significant recurring SaaS and service revenue over a minimum five-year term, with preliminary department enrollments exceeding expectations, indicating strong market demand that will contribute to the company's long-term financial stability.
- Deepened Partnership: This contract expands Powerfleet's existing partnership with MTN, facilitating nationwide secure connectivity and managed network infrastructure, thereby further solidifying their strategic collaboration in the public sector.
- Technology Modernization Drive: Powerfleet's CEO Steve Towe noted that this award reflects the increasing adoption of data-driven fleet technologies by public sector organizations, which is expected to lay the groundwork for future software and analytics adoption by the company.
See More
PowerFleet Q3 Earnings Report Analysis
- Earnings Performance: PowerFleet reported a Q3 non-GAAP EPS of $0.02, missing expectations by $0.02, although revenue reached $113.5 million, a 6.7% year-over-year increase, exceeding expectations by $1.81 million, demonstrating resilience in revenue growth.
- Net Loss Improvement: The net loss margin improved from 13% in the prior year to 3%, reflecting significant progress in cost management and operational efficiency, which enhances investor confidence in future profitability.
- Adjusted EBITDA Growth: Adjusted EBITDA increased by 26% year-over-year to $25.7 million from $20.5 million, with the EBITDA margin rising from 19% to 23%, indicating success in achieving cost synergies and operational leverage.
- 2026 Financial Outlook: The company updated its full-year guidance, expecting revenue in the range of $440 million to $445 million, with adjusted EBITDA growth projected at approximately 45% year-over-year, reflecting investments in the South African public sector opportunity that will drive future revenue growth.
See More
Powerfleet Reports Record Q3 Revenue of $113.5 Million
- Significant Revenue Growth: Powerfleet's total revenue for Q3 increased by 7% year-over-year to a record $113.5 million, up from $106.4 million last year, reflecting strong performance in high-value services, with service revenue rising 11% to $91.1 million, now representing 80% of total revenue.
- Operating Profit Turnaround: The company reported an operating profit of $6.3 million, a substantial improvement from an operating loss of $1.2 million in the same quarter last year, showcasing successful cost control and operational efficiency, which is expected to further boost investor confidence.
- Net Loss Reduction: Net loss decreased significantly from $14.3 million last year to $3.4 million, indicating substantial progress in profitability, with expectations for continued financial improvement in the future.
- Strong EBITDA Growth: Adjusted EBITDA rose by 26% to $25.7 million, with EBITDA margins expanding from 19% to 23%, demonstrating ongoing enhancements in operational efficiency and profitability, thereby strengthening the company's competitive position in the market.
See More
Powerfleet Reports Record Q3 Revenue of $113.5 Million
- Significant Revenue Growth: Powerfleet's total revenue reached $113.5 million in Q3, marking a 7% year-over-year increase, primarily driven by strong growth in high-value services, which rose 11% and now represent 80% of total revenue, indicating increasing market acceptance of the AIoT platform.
- Positive Operating Profit: The company reported an operating profit of $6.3 million, a turnaround from an operating loss of $1.2 million in the same quarter last year, showcasing significant improvements in cost management and operational efficiency, which is expected to bolster investor confidence.
- Substantial Net Loss Improvement: Net loss narrowed to $3.4 million from $14.3 million year-over-year, with the net loss margin improving from 13% to 3%, reflecting ongoing enhancements in profitability that may attract more investor interest.
- Adjusted EBITDA Growth: Adjusted EBITDA surged 26% to $25.7 million, with EBITDA margin increasing from 19% to 23%, indicating the company's success in achieving revenue growth while enhancing operational leverage and realizing cost synergies.
See More
PowerFleet Q3 Earnings Announcement Scheduled
- Earnings Release Date: PowerFleet (AIOT) is set to announce its Q3 earnings on February 9th before market open, with a consensus EPS estimate of $0.04, reflecting a significant year-over-year growth of 300%, which will be a critical indicator of the company's financial health.
- Revenue Expectations: Analysts forecast PowerFleet's Q3 revenue at $111.69 million, representing a 5% year-over-year increase, indicating the company's stable growth potential despite facing intense competition in the market.
- Performance Prediction Changes: Over the past year, PowerFleet has not missed EPS estimates, achieving a 0% miss rate, while it has successfully met revenue estimates 75% of the time, showcasing its relative strength in revenue management.
- Estimate Revision Trends: In the last three months, there have been no upward revisions to EPS estimates, with three downward adjustments, while revenue estimates saw five upward revisions and one downward, indicating mixed market sentiment regarding the company's future performance.
See More
Powerfleet to Hold Q3 Fiscal 2026 Earnings Call
- Earnings Call Announcement: Powerfleet will hold a conference call on February 9, 2026, at 8:30 a.m. Eastern Time to discuss its Q3 fiscal 2026 results ending December 31, 2026, with financial results released prior to the call to ensure timely information for investors.
- Participation Details: The call can be accessed via toll-free number 888-506-0062 and international number 973-528-0011, with participant access code 935500, ensuring all stakeholders can join and ask questions, enhancing transparency.
- Meeting Agenda: Powerfleet management will lead the presentation followed by a Q&A session post-results announcement, aimed at addressing investor inquiries and providing deeper financial insights to foster engagement with investors.
- Company Overview: Powerfleet is a global leader in the AIoT SaaS mobile asset industry with over 30 years of experience, committed to delivering actionable insights through data integration and analysis, helping businesses save time and costs.
See More
