PowerFleet Gears Up For Q4 Print; Here Are The Recent Forecast Changes From Wall Street's Most Accurate Analysts

PowerFleet, Inc. AIOT will release its fourth-quarter financial results before the opening bell on Monday, June 16.

Analysts expect the Woodcliff Lake, New Jersey-based company to report quarterly earnings at 4 cents per share, versus a year-ago loss of 55 cents per share. PowerFleet projects quarterly revenue of $103.81 million, compared to $33.74 million a year earlier, according to data from Benzinga Pro.

On May 23, Powerfleet said it sees preliminary FY25 total revenue of $362.5 million and expects FY26 revenue growth of 20% to 25%.

PowerFleet shares fell 0.2% to close at $4.74 on Thursday.

Benzinga readers can access the latest analyst ratings on the Analyst Stock Ratings page. Readers can sort by stock ticker, company name, analyst firm, rating change or other variables.

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Let’s have a look at how Benzinga’s most-accurate analysts have rated the company in the recent period.

• Lake Street analyst Jaeson Schmidt maintained a Buy rating and cut the price target from $11 to $8 on May 27, 2025. This analyst has an accuracy rate of 53%.
• Barrington Research analyst Gary Prestopino maintained an Outperform rating with a price target of $15 on May 23, 2025. This analyst has an accuracy rate of 74%.
• Raymond James analyst Alexander Sklar maintained an Outperform rating and cut the price target from $10 to $8 on April 29, 2025. This analyst has an accuracy rate of 69%.

Considering buying AIOT stock? Here’s what analysts think:

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