AIOT official logo AIOT
AIOT 1-star rating from Upturn Advisory
PowerFleet, Inc. (AIOT) company logo

PowerFleet, Inc. (AIOT)

PowerFleet, Inc. (AIOT) 1-star rating from Upturn Advisory
$3.57
Last Close (24-hour delay)
upturn advisory logo
PASS
  • BUY Advisory
  • SELL Advisory (Profit)
  • SELL Advisory (Loss)
  • Profit
  • Loss
  • Pass (Skip investing)
Upturn Stock price based on last close icon Stock price based on last close
*as per simulation
(see disclosures)
Time period over
  • ALL
  • 1Y
  • 1M
  • 1W

Upturn Advisory Summary

02/27/2026: AIOT (1-star) is currently NOT-A-BUY. Pass it for now.

Upturn Star Rating

Upturn 1 star rating for performance

Not Recommended Performance

These Stocks/ETFs, based on Upturn Advisory, consistently fall short of market performance, signaling caution before investing.

Number of Analysts

2 star rating from financial analysts

7 Analysts rated it

Limited analyst coverage, niche firm, research info may be scarce.

1 Year Target Price $10.33

1 Year Target Price $10.33

Analysts Price Target For last 52 week
$10.33 Target price
52w Low $3.44
Current$3.57
52w High $7.14
Advertisement

Key Highlights

Company Size Small-Cap Stock
Market Capitalization 503.05M USD
Price to earnings Ratio -
1Y Target Price 10.33
Price to earnings Ratio -
1Y Target Price 10.33
Volume (30-day avg) 7
Beta 1.31
52 Weeks Range 3.44 - 7.14
Updated Date 02/27/2026
52 Weeks Range 3.44 - 7.14
Updated Date 02/27/2026
Dividends yield (FY) -
Basic EPS (TTM) -0.23

Analyzing Revenue: Products, Geography and Growth

Revenue by Products

Product revenue - Year on Year

Revenue by Geography

Geography revenue - Year on Year

Advertisement

Earnings Date

Report Date 2026-02-09
When -
Estimate 0.0002
Actual 0.02

Profitability

Profit Margin -7.01%
Operating Margin (TTM) 7.64%

Management Effectiveness

Return on Assets (TTM) 1.67%
Return on Equity (TTM) -6.43%

Valuation

Trailing PE -
Forward PE 20.2
Enterprise Value 952720283
Price to Sales(TTM) 1.16
Enterprise Value 952720283
Price to Sales(TTM) 1.16
Enterprise Value to Revenue 2.44
Enterprise Value to EBITDA 22.4
Shares Outstanding 134147277
Shares Floating 125196455
Shares Outstanding 134147277
Shares Floating 125196455
Percent Insiders 6.74
Percent Institutions 89.58

Icon representing Upturn AI-generated SWOT analysis summary Upturn AI SWOT

PowerFleet, Inc.

PowerFleet, Inc.(AIOT) company logo displayed in Upturn AI summary

Company Overview

Company history and background logo History and Background

PowerFleet, Inc. (formerly Omnitracs) has a history rooted in the development of fleet management technology. It was originally a division of Qualcomm and was later spun off. The company has undergone several transformations and acquisitions to consolidate its position in the telematics and fleet management space. It rebranded to PowerFleet, Inc. in recent years to reflect its expanded offerings.

Company business area logo Core Business Areas

  • Fleet Management Solutions: Provides a comprehensive suite of telematics and fleet management solutions for commercial vehicles. This includes real-time tracking, driver behavior monitoring, engine diagnostics, route optimization, and compliance management.
  • Asset Management and Tracking: Offers solutions for tracking and managing various types of assets beyond vehicles, such as trailers, equipment, and cargo, to improve utilization and reduce loss.
  • Data Analytics and Insights: Leverages the vast amounts of data collected from its connected assets to provide actionable insights to fleet operators, helping them improve efficiency, safety, and reduce operational costs.

leadership logo Leadership and Structure

PowerFleet, Inc. is led by a management team with extensive experience in the technology and fleet management industries. The company operates with a divisional structure focused on serving different market segments and product lines.

Top Products and Market Share

Product Key Offerings logo Key Offerings

  • Omnitracs One Platform: An integrated platform offering a wide array of telematics services including safety, compliance, productivity, and data analytics for medium to large fleets. Competitors include Samsara, Trimble, Geotab, and Verizon Connect. Market share data for specific platforms is not readily available but it is a significant player in the North American market.
  • Roadnet Technologies: Provides routing, scheduling, and dispatch optimization software for fleets of all sizes, aiming to improve delivery efficiency and reduce mileage. Competitors include Descartes, Oracle Transportation Management, and MercuryGate. Market share is also difficult to pinpoint for this specific product but it's a recognized solution in its segment.
  • Xact Analysis: A data analytics platform that provides insights into fleet performance, driver behavior, and operational efficiency. Competitors include many of the same telematics providers and specialized data analytics firms. Its market penetration is tied to the adoption of the broader PowerFleet ecosystem.

Market Dynamics

industry overview logo Industry Overview

The fleet management and telematics industry is experiencing robust growth driven by increasing demand for operational efficiency, safety regulations, fuel cost management, and the adoption of IoT technologies. The market is characterized by intense competition, ongoing technological innovation, and a trend towards integrated, cloud-based solutions.

Positioning

PowerFleet, Inc. is positioned as a leading provider of comprehensive fleet management and telematics solutions, particularly strong in the North American market. Its key competitive advantages include its established customer base, integrated platform offerings, and a broad range of functionalities covering safety, compliance, and efficiency.

Total Addressable Market (TAM)

The global fleet management market is estimated to be worth tens of billions of dollars and is projected to continue growing at a significant CAGR. PowerFleet, Inc. is well-positioned to capture a substantial portion of this TAM, particularly in the commercial fleet segment it serves, through its comprehensive suite of products and services.

Upturn SWOT Analysis

Strengths

  • Established brand recognition and long-standing customer relationships.
  • Comprehensive suite of integrated solutions covering various fleet management needs.
  • Strong presence in the North American commercial fleet market.
  • Deep expertise in telematics and data analytics.

Weaknesses

  • Potential for legacy technology integration challenges with newer offerings.
  • Dependence on customer adoption of integrated platforms.
  • Competition from agile, newer entrants with innovative technologies.

Opportunities

  • Expansion into new geographic markets and industry verticals.
  • Leveraging AI and machine learning for advanced predictive analytics.
  • Partnerships with other technology providers to enhance service offerings.
  • Growing demand for sustainability and ESG-focused fleet management solutions.

Threats

  • Intensifying competition and pricing pressures.
  • Rapid technological advancements by competitors.
  • Changes in regulatory environments impacting fleet operations.
  • Economic downturns affecting fleet investment and operational spending.

Competitors and Market Share

Key competitor logo Key Competitors

  • Samsara Inc. (IOT)
  • Trimble Inc. (TRMB)
  • Geotab (Private Company, but a major competitor)
  • Verizon Communications Inc. (VZ) - through its Connect business

Competitive Landscape

PowerFleet, Inc. faces a highly competitive landscape dominated by both established players and innovative startups. Its advantage lies in its comprehensive, integrated platform and long-standing customer relationships, while competitors like Samsara often lead in offering cutting-edge, user-friendly interfaces and AI-driven features. Verizon Connect benefits from the scale and existing customer base of its parent company.

Major Acquisitions

CarrierWeb

  • Year: 2021
  • Acquisition Price (USD millions):
  • Strategic Rationale: Acquisition to expand telematics capabilities and market reach, particularly in the European market and for trailer tracking.

Blue Marble Geographics

  • Year: 2022
  • Acquisition Price (USD millions):
  • Strategic Rationale: Acquisition to enhance mapping, GIS, and location intelligence capabilities within PowerFleet's broader platform.

Growth Trajectory and Initiatives

Historical Growth: PowerFleet, Inc.'s historical growth has been influenced by organic expansion and strategic acquisitions. The company has focused on expanding its recurring revenue base and integrating acquired technologies to create a more robust platform.

Future Projections: Future growth projections for PowerFleet, Inc. are typically based on analyst estimates and management guidance, focusing on market penetration, new product introductions, and expansion into adjacent markets. Analysts often project continued revenue growth driven by the secular trends in fleet digitalization.

Recent Initiatives: Recent initiatives have likely focused on the integration of acquired businesses, enhancement of its core platform (Omnitracs One), expansion of its data analytics capabilities, and potentially exploring new service models or partnerships to drive adoption and recurring revenue.

Summary

PowerFleet, Inc. is a significant player in the fleet management and telematics industry with a strong North American presence and a comprehensive suite of integrated solutions. Its established customer base and technological expertise are key strengths. However, the company faces intense competition from nimble innovators and needs to continually adapt to rapid technological advancements to maintain its market position. Strategic acquisitions and a focus on expanding its recurring revenue streams are crucial for its continued growth and success.

Similar Stocks

Sources and Disclaimers

Data Sources:

  • Company Investor Relations Filings (e.g., SEC filings)
  • Industry Analyst Reports
  • Financial News Outlets
  • Company Website

Disclaimers:

This JSON output is generated based on publicly available information and is intended for informational purposes only. It does not constitute financial advice. Market share data and acquisition prices may be estimates and subject to change. Users should conduct their own due diligence before making any investment decisions.

Information icon for Upturn AI Summarization accuracy disclaimer AI Summarization is directionally correct and might not be accurate.

Information icon for Upturn AI Summarization data freshness disclaimer Summarized information shown could be a few years old and not current.

Information icon warning about Upturn AI Fundamental Rating based on potentially old data Fundamental Rating based on AI could be based on old data.

Information icon warning about potential inaccuracies or hallucinations in Upturn AI-generated summaries AI-generated summaries may have inaccuracies (hallucinations). Please verify the information before taking action.

About PowerFleet, Inc.

Exchange NASDAQ
Headquaters Woodcliff Lake, NJ, United States
IPO Launch date 1999-06-30
CEO & Director Mr. Steve Towe
Sector Technology
Industry Software - Infrastructure
Full time employees 2518
Full time employees 2518

PowerFleet, Inc. provides artificial intelligence-of-things (AIoT) solutions in North America, Israel, Africa, Europe, the Middle East, Australia, and internationally. Its unity solution portfolio includes unity platform that enables integration with AIoT devices and third-party business systems to a data highway that powers artificial intelligence-driven insights to help customers save lives, time, and money; software as a service based unity modules, which comprises vehicle, video, and in-warehouse IoT for customers to gain visibility and AI-powered insights into their people, assets, and business processes to manage utilization and maintenance, safety, fuel and energy management, and compliance and high-risk incidents; and open application programming interfaces for additional integrations and development to enhance other enterprise management systems and third-party applications. The company also provides hosting, maintenance, and customer support and consulting services; and software as a service, such as system monitoring, help desk technical support, escalation procedure development, routine diagnostic data analysis, and software update services. The company offers its products under the Powerfleet, Pointer, Cellocator, MiX by Powerfleet, and Fleet Complete brands. It markets and sells its wireless solutions to a range of customers in the commercial and government sectors, including construction and heavy equipment, distribution, field services, leasing and car rental, government and public safety, manufacturing and automotive, oil and gas, chemical, transportation and logistics, utilities and telecommunications, and cold chain logistics. The company was formerly known as I.D. Systems, Inc. and changed its name to PowerFleet, Inc. in October 2019. PowerFleet, Inc. was incorporated in 1993 and is headquartered in Woodcliff Lake, New Jersey.