Powerfleet, Inc. (NASDAQ:AIOT) Forecasted to Post Q2 2025 Earnings of ($0.01) Per Share

Powerfleet, Inc. (NASDAQ:AIOT) – Equities research analysts at Northland Capmk reduced their Q2 2025 EPS estimates for Powerfleet in a research note issued to investors on Thursday, October 3rd. Northland Capmk analyst G. Gibas now anticipates that the company will post earnings per share of ($0.01) for the quarter, down from their previous estimate of $0.01. The consensus estimate for Powerfleet’s current full-year earnings is ($0.16) per share.

Separately, Barrington Research reiterated an “outperform” rating and issued a $10.00 price target on shares of Powerfleet in a research report on Thursday.

Powerfleet Trading Up 0.6 %

AIOT opened at $5.01 on Friday. The company has a quick ratio of 0.99, a current ratio of 1.23 and a debt-to-equity ratio of 0.29. Powerfleet has a 1-year low of $1.64 and a 1-year high of $5.67. The company has a market capitalization of $537.82 million, a P/E ratio of -16.16 and a beta of 1.68. The stock has a 50 day simple moving average of $4.78.

Powerfleet (NASDAQ:AIOT) last released its quarterly earnings results on Thursday, August 22nd. The company reported ($0.21) earnings per share for the quarter, missing the consensus estimate of ($0.08) by ($0.13). Powerfleet had a negative return on equity of 6.61% and a negative net margin of 3.86%. The business had revenue of $75.43 million during the quarter, compared to the consensus estimate of $71.13 million.

Powerfleet Company Profile

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.