AIOT
PowerFleet, Inc.

PowerFleet, Inc.AIOT

Technology · Software - Application
2.69USD
+3.86%
Nov 09, 2026
AIOT overview ready
AIoT SaaS Platform Enabling Connected Fleet and Asset Management
PowerFleet is a direct AIoT SaaS and device-platform provider for fleet, mobile-asset, warehouse, and field-operation customers.
Theme not measured
IoT & Connected Operations has no leadership state this session.
Price trend is broken
Longer-term context reads early recovery, with a near-term setup of distribution pressure.
The tactical setup reads distribution pressure, but the weekly structure is broken.
Demanding valuation
The price embeds expectations that run ahead of the strength of its balance sheet.
Solid fundamentals
Free cash flow yield is strong.
Primary risk
Dependence on enterprise fleet capital spending.
Market Nov 6Filing Jun 30Price action Nov 8Research Oct 29

Conviction Level

Theme Momentum has no canonical measurement for this company — a research-profile dimension, not an input to this score.

PriceAction3.4BusinessPerformance4.0BusinessQuality3.9Valuation3.0ThemeMomentum—Decelerating — Revenue is still growing (+6.4% YoY), but growth has slowed, down from +11%. The company is still loss-making: the diluted loss per share narrowed to -$0.06 from -$0.08 a year earlier. — From filed financial statements. Describes the recent trajectory of the business, not the stock. 20 of the 100 Conviction points.

Conviction uses Price Action, Business Performance, Business Quality, Valuation. Theme Momentum is research context, not an input.

Theme momentumPrimary theme · group context, not entry timing
IoT & Connected Operations — IoT & Connected Operations is tracked (3–4 priced members) — too few for a leadership state
Its economic family, Software, reads Weakening (+6.0pp vs SPY) — the family’s reading, not this theme’s.
Price
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Price Action

Price trend is broken
Longer-term context reads early recovery, with a near-term setup of distribution pressure.
The tactical setup reads distribution pressure, but the weekly structure is broken.
EntryWeak / unconfirmed recovery

The daily chart may be improving, but the weekly fast averages have not been reclaimed — the recovery is not yet confirmed on the higher timeframe.

Key Financials

Market Cap
$361.1M
Avg Volume (60D)
1.5M
60 sessions
Revenue Growth YoY
+22.4%
FY2026 vs FY2025
Gross Margin
+55.7%
Trailing twelve months
Operating Margin
+4.9%
Trailing twelve months
Free Cash Flow Yield
+4.4%
Distance from 200DMA
-22.1%
Next Earnings
2026-11-09
P/E
N/M
EV / EBITDA
6.9x
EV / Sales
1.3x
Market metrics as of Nov 6, 2026
Financial results for the period ended Jun 30, 2026
Filed balance-sheet data as of Jun 30, 2026

Business Performance

Decelerating

Revenue is still growing (+6.4% YoY), but growth has slowed, down from +11%. The company is still loss-making: the diluted loss per share narrowed to -$0.06 from -$0.08 a year earlier.

Latest reported: Q1 FY2027, ended Jun 30
Revenue growthSlowing
+6.4%
$111M in Q1 FY2027 · YoY
YoY growth, last 4 quarters
  1. +45%
  2. +6.6%
  3. +11%
  4. +6.4%
Earnings growthLoss narrowing
-$0.06
Diluted EPS -$0.06 vs -$0.08 a year earlier · GAAP
Too few comparable EPS quarters: a loss or a turn to profit has no meaningful percentage.
Operating marginExpanding
0.2%
+2.2 pp YoY · gross margin 55.2% (+0.9 pp)

Business Quality

3.9 / 10

How well the business earns on its assets, converts earnings to cash and funds itself — read from its SEC filings.

Fundamentals & Valuation

One of the two valuation perspectives says expensive; peers is the dissenting view.
PowerFleet, Inc. has an Expensive valuation stance because the price embeds expectations that run ahead of the strength of its balance sheet. It trades at a 4.4% free-cash-flow yield and 6.9x EBITDA, which require sustained delivery to be justified.

Company Research

Thesis
PowerFleet is a direct AIoT SaaS and device-platform provider for fleet, mobile-asset, warehouse, and field-operation customers. AIOT has a genuine and direct fit with the digitization of physical operations, specifically connected fleet safety and operational-intelligence spending.
Opportunity
Moderate opportunity
Enterprise adoption of connected-vehicle, asset, video, and operational-data platforms to reduce safety risk, automate compliance, improve utilization, and manage dispersed physical operations in real time.
Key risk
Dependence on enterprise fleet capital spending.

Economic classification

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Business & Markets

Technology · Software - Application
What they do

PowerFleet, Inc. provides AIoT solutions that integrate connected devices, telematics, and software to help enterprise and mid-market customers manage and optimize high-value mobile assets and vehicle fleets across multiple regions.

How it earns

The company primarily generates revenue through subscription-based software-as-a-service (SaaS) offerings and related platform modules.

Products & services
Unity platform for AIoT device and system integration
SaaS-based Unity modules including vehicle telematics, video, and in-warehouse IoT
Customers & end markets
Enterprise fleet operators
Mid-market mobile asset operators
Market position

A direct multi-product AIoT SaaS provider positioned as a specialized technology vendor in fleet and mobile asset management.

Demand drivers
Medium cyclicality

Demand is influenced by enterprise capital spending cycles and fleet management budgets but supported by ongoing regulatory and safety compliance needs.