
AIOT Stock Forecast & Price Target
AIOT Analyst Ratings
Bulls say
PowerFleet Inc demonstrated significant financial growth, with total revenue for Q1/26 reaching $104.1 million, reflecting a 38% increase year-over-year, driven predominantly by a 53% rise in services revenue. The company's gross margin improved by 168 basis points to 54.25%, alongside a substantial increase in gross profit of 58.8% to $55.5 million, underscoring enhanced operational efficiencies. Additionally, the adjusted EBITDA surged 58% year-over-year to $21.6 million, with a notable improvement in adjusted EBITDA margin to 20.78%, indicating robust profitability and a successful transition towards higher-margin, recurring services.
Bears say
PowerFleet's outlook appears negative due to a downward revision of its adjusted EBITDA growth guidance, now projected to range between $97.3 million and $104.0 million, which is a decrease from the previous estimate of $103 million to $110 million for FY/25. Additionally, the company reported a slight increase in net debt, rising to $232 million from $229 million at the end of the previous quarter, indicating struggles with debt management amid changing market conditions. Finally, despite a reduction in adjusted operating expenses from $57.9 million in Q1/25 to $54.3 million, the persistent high net leverage ratio of 2.97x poses concerns regarding the company's financial stability moving forward.
This aggregate rating is based on analysts' research of Powerfleet Inc NJ and is not a guaranteed prediction by Public.com or investment advice.
AIOT Analyst Forecast & Price Prediction
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