• Consensus Rating: Buy
  • Consensus Price Target: $12.50
  • Forecasted Upside: 91.42%
  • Number of Analysts: 3
  • Breakdown:
  • 0 Sell Ratings
  • 0 Hold Ratings
  • 3 Buy Ratings
  • 0 Strong Buy Ratings
$6.53
▲ +0.15 (2.35%)

This chart shows the closing price for AIOT by one month, three months, or twelve months.

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Analyst Price Target for AIOT

Analyst Price Target is $12.50
▲ +91.42% Upside Potential
This price target is based on 3 analysts offering 12 month price targets for Powerfleet in the last 3 months. The average price target is $12.50, with a high forecast of $15.00 and a low forecast of $10.00. The average price target represents a 91.42% upside from the last price of $6.53.

This chart shows the closing price for AIOT for the last year in relation to the current analyst high, average, and low pricetarget.

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Current Consensus is Buy

The current consensus among 3 contributing investment analysts is to buy stock in Powerfleet.

Past Monthly Recommendations

Move your mouse over past months for details

Read Past Recommendations DescriptionSkip Past Price Target Consensus Chart
  • 0 strong buy ratings
  • 0 buy ratings
  • 0 hold ratings
  • 0 sell ratings
6/29/2023
  • 0 strong buy ratings
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9/27/2023
  • 0 strong buy ratings
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12/26/2023
  • 0 strong buy ratings
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3/25/2024
  • 0 strong buy ratings
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6/23/2024
  • 0 strong buy ratings
  • 1 buy ratings
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9/21/2024
  • 0 strong buy ratings
  • 1 buy ratings
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11/20/2024
  • 0 strong buy ratings
  • 3 buy ratings
  • 0 hold ratings
  • 0 sell ratings
12/20/2024

Latest Recommendations

  • 0 strong buy ratings
  • 3 buy ratings
  • 0 hold ratings
  • 0 sell ratings

Display Ratings By
DateBrokerageActionRatingPrice TargetDetails
11/22/2024Barrington ResearchBoost TargetOutperform ➝ Outperform$10.00 ➝ $15.00
11/22/2024Northland SecuritiesBoost TargetOutperform ➝ Outperform$8.00 ➝ $10.00
11/21/2024William BlairReiterated RatingOutperform
11/11/2024Barrington ResearchReiterated RatingOutperform ➝ Outperform$10.00 ➝ $10.00
10/3/2024Barrington ResearchReiterated RatingOutperform ➝ Outperform$10.00 ➝ $10.00
9/24/2024Barrington ResearchReiterated RatingOutperform ➝ Outperform$10.00 ➝ $10.00
8/22/2024Barrington ResearchReiterated RatingOutperform ➝ Outperform$10.00 ➝ $10.00
8/5/2024Barrington ResearchReiterated RatingOutperform ➝ Outperform$10.00 ➝ $10.00
(Data available from 12/21/2019 forward)

News Sentiment Rating

0.71 (Buy)

Our news sentiment rating is based on the average sentiment of articles about this company published in the media in the last 30 days of headlines and can range from 2 (very positive sentiment) to -2 (very negative sentiment).

News Sentiment Over Time

Move your mouse over past months for details

Skip to Current Sentiment Summary
  • 0 very positive mentions
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5/25/2024
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6/24/2024
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7/24/2024
  • 2 very positive mentions
  • 6 positive mentions
  • 0 negative mentions
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8/23/2024
  • 2 very positive mentions
  • 12 positive mentions
  • 0 negative mentions
  • 0 very negative mentions
9/22/2024
  • 4 very positive mentions
  • 10 positive mentions
  • 0 negative mentions
  • 0 very negative mentions
10/22/2024
  • 7 very positive mentions
  • 8 positive mentions
  • 0 negative mentions
  • 0 very negative mentions
11/21/2024
  • 4 very positive mentions
  • 6 positive mentions
  • 0 negative mentions
  • 0 very negative mentions
12/21/2024

Current Sentiment

  • 4 very positive mentions
  • 6 positive mentions
  • 0 negative mentions
  • 0 very negative mentions
Powerfleet logo
PowerFleet, Inc. provides wireless Internet-of-Things asset management solutions in the United States, Israel, and internationally. The company offers real-time intelligence for organizations to capture IoT data from various types of assets with devices and sensors to increase efficiencies, and improve safety and security, as well as increase their profitability in easy-to-understand reports, dashboards, and real-time alerts; and application programming interfaces for additional integrations and development to boost other enterprise management systems and third-party applications. It also provides hosting, maintenance, and support and consulting services; and Software as a Service, including system monitoring, help desk technical support, escalation procedure development, routine diagnostic data analysis, and software updates services. The company offers its products under the PowerFleet, Pointer, and Cellocator brands. It sells its products to commercial and government sectors in manufacturing, automotive manufacturing, wholesale and retail, food and grocery distribution, pharmaceutical and medical distribution, construction, mining, utilities, heavy industry, aerospace and defense, homeland security, and vehicle rental, logistics, shipping, and freight transportation markets, as well as through indirect sales channels, such as original equipment manufacturers, vehicle importers, distributors, and industrial equipment dealers. The company was formerly known as I.D. Systems, Inc. PowerFleet, Inc. was incorporated in 1993 and is headquartered in Woodcliff Lake, New Jersey.
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Today's Range

Now: $6.53
Low: $6.10
High: $6.63

50 Day Range

MA: $6.09
Low: $4.77
High: $7.36

52 Week Range

Now: $6.53
Low: $2.52
High: $7.38

Volume

4,891,166 shs

Average Volume

945,881 shs

Market Capitalization

$863.21 million

P/E Ratio

N/A

Dividend Yield

N/A

Beta

1.76

Frequently Asked Questions

What sell-side analysts currently cover shares of Powerfleet?

The following Wall Street sell-side analysts have issued reports on Powerfleet in the last twelve months: Barrington Research, Northland Securities, and William Blair.
View the latest analyst ratings for AIOT.

What is the current price target for Powerfleet?

0 Wall Street analysts have set twelve-month price targets for Powerfleet in the last year. Their average twelve-month price target is $12.50, suggesting a possible upside of 91.4%. Barrington Research has the highest price target set, predicting AIOT will reach $15.00 in the next twelve months. Northland Securities has the lowest price target set, forecasting a price of $10.00 for Powerfleet in the next year.
View the latest price targets for AIOT.

What is the current consensus analyst rating for Powerfleet?

Powerfleet currently has 3 buy ratings from Wall Street analysts. The stock has a consensus analyst rating of "Buy." A "buy" rating indicates that analysts believe AIOT will outperform the market and that investors should add to their positions of Powerfleet.
View the latest ratings for AIOT.

What other companies compete with Powerfleet?

How do I contact Powerfleet's investor relations team?

Powerfleet's physical mailing address is 123 TICE BLVD., WOODCLIFF LAKE, NJ, 07677. The company's listed phone number is (201) 996-9000 and its investor relations email address is [email protected]. The official website for Powerfleet is powerfleet.com. Learn More about contacing Powerfleet investor relations.