PowerFleet Inc. (AIOT) AI Stock Analysis
AIOT AI stock analysis summary
AI ResearchPowerFleet Inc. (AIOT) provides Internet-of-Things (IoT) software and SaaS applications. In FY2025, revenue grew 22.4% to $443.8M with free cash flow turning positive at $8.8M. However, its trailing twelve month net margin remained negative at -4.2%, and total debt stood at $295.6M as of June 30, 2026.
- Market cap
- $320.8M
- Revenue (TTM)
- $450.4M
- P/E
- — fwd 14.9x
- 1Y return
- -56.9% S&P 500 16.8%
- Avg. target
- $8.40 251.5% vs last close
Bull case
- Free cash flow swung positive to $8.8M in FY2025, supported by $30.5M in operating cash flow.
- Revenue grew at a 5-year CAGR of 31.3% from FY2020 through FY2025, reaching $443.8M.
- Consensus estimates project EPS of $0.27 on revenue of $525.6M for the next fiscal year, reflecting 146.5% earnings growth.
Bear case
- Total debt stood at $295.6M as of June 30, 2026, leaving net debt at $262.8M against $32.8M in cash.
- The stock fell 56.9% over the past year and trades 34.7% below its 200-day moving average.
- Profit margin remained negative at -4.2% over the trailing twelve months, with EPS of -$0.14.
What PowerFleet does
PowerFleet Inc. delivers Internet-of-Things (IoT) solutions globally, operating under flagship brands PowerFleet, Pointer, and Cellocator. The company offers cloud-based SaaS applications, APIs, and partner ecosystems that harness data from IoT devices to provide actionable operational insights, dashboards, and real-time alerts. It also provides hosting, maintenance, technical support, and consulting services. Headquartered in Woodcliff Lake, New Jersey, PowerFleet serves commercial and government clients in automotive manufacturing, food distribution, logistics, aerospace, and defense through direct and indirect sales channels.
Growth and profitability
Revenue expanded from $126.0M in FY2021 to $443.8M in FY2025, registering a 5-year revenue CAGR of 31.3%. Gross margin rose from 47.4% in FY2021 to 55.5% in FY2025. Operating margin turned positive at 4.4% in FY2025 after posting -7.1% in FY2024. Although net income was -$20.6M in FY2025, diluted EPS reached $0.07 compared to -$0.73 in FY2024. For the trailing twelve months ended June 30, 2026, revenue stood at $450.4M with quarterly year-over-year revenue growth of 6.4%, while operating margin was 1.7% and profit margin was -4.2%.
Balance sheet and cash flow
As of June 30, 2026, PowerFleet held $32.8M in cash and short-term investments against $295.6M in total debt, resulting in net debt of $262.8M. Its current ratio was 1.10 and debt-to-equity ratio was 0.61 on shareholders' equity of $482.6M. Operating cash flow improved to $30.5M in FY2025, up from -$3.3M in FY2024. Capital expenditures totaled $21.6M in FY2025, generating $8.8M in free cash flow, while the 5-year share count change was 27.5%.
Valuation and performance
At a last close of $2.39 on October 16, 2026, PowerFleet had a market cap of $320.8M and an enterprise value of $662.8M. The stock trades at a forward P/E of 14.9x, an EV-to-EBITDA of 8.3x, and a price-to-sales of 0.7x. These multiples sit below the median of its US-listed Technology peers, which trade at 18.8x forward P/E, 16.6x EV-to-EBITDA, and 2.8x price-to-sales. Over the past year, AIOT fell 56.9%, while the S&P 500 (SPY) returned 16.8%.
What analysts expect
Wall Street analysts cover PowerFleet with 5 Strong Buy, 1 Buy, and 1 Hold ratings. The mean price target is $8.40, representing a premium of 251.5% over the last close of $2.39. For the fiscal year ending March 31, 2027, consensus estimates project revenue of $469.0M and EPS of $0.11, implying EPS growth of 34.4%. Over the last four quarters, the company beat EPS estimates 1 time. The next earnings date is November 9, 2026.
Key risks and what to watch
- PowerFleet carries net debt of $262.8M with a current ratio of 1.10 as of June 30, 2026.
- The company's 5-year share count increased by 27.5%, indicating equity dilution.
- Short interest represents 10.7% of float, indicating elevated negative sentiment.
- The company missed EPS estimates in three of the last four quarters, beating consensus only 1 time.
AI-generated research summary. Written with AI from Quotelinks data as of October 16, 2026 and checked so every figure matches that data. For information only, not investment advice. Disclaimer
About this AIOT AI stock analysis
This page is an AI-written research summary of PowerFleet Inc. (AIOT). The text was generated on October 30, 2026 from Quotelinks data as of October 16, 2026 (company profile, annual results, latest balance sheet, valuation, price performance and analyst estimates). An automatic check rejects any draft that contains a figure not found in that data. It is not investment advice; verify figures on the linked tabs before making decisions.
Related: AIOT income statement, AIOT balance sheet, AIOT key metrics, AIOT analyst forecast, AIOT chart. See the AIOT stock overview for the latest quote and news.
AIOT AI stock analysis FAQ
What was PowerFleet's revenue in FY2025?
PowerFleet reported $443.8M in revenue for FY2025, up 22.4% from $362.5M in FY2024. Over the 5-year period from FY2020 to FY2025, revenue compound annual growth was 31.3%.
Does PowerFleet pay a dividend?
No, PowerFleet does not pay a dividend.
What is PowerFleet's debt level?
As of June 30, 2026, PowerFleet held $295.6M in total debt and $32.8M in cash and short-term investments, resulting in net debt of $262.8M. Its debt-to-equity ratio was 0.61.
What is the consensus analyst target for AIOT stock?
Analysts have a mean price target of $8.40 for PowerFleet, which sits 251.5% above the last closing price of $2.39 on October 16, 2026. Coverage consists of 5 Strong Buy, 1 Buy, and 1 Hold ratings.