Technology · Communication Equipment
Price
$3.74
Market Cap
$501.8M
Employees
1,954
Beta
1.42
Avg Volume
1,627,569
CEO
Steve Towe
Business Description
Operating across the United States, Israel, and other international markets, PowerFleet, Inc. specializes in wireless Internet-of-Things (IoT) solutions designed for asset management. The company's technology gathers real-time Internet-of-Things (IoT) data from a wide range of assets using specialized devices and sensors. This allows organizations to gain immediate insights, leading to improved operational efficiencies, enhanced safety and security protocols, and ultimately, increased profitability. These insights are delivered through user-friendly reports, intuitive dashboards, and instant alerts. Furthermore, PowerFleet provides application programming interfaces (APIs) to facilitate seamless integration with existing enterprise management systems and third-party applications. In addition to its core offerings, PowerFleet extends its services to include hosting, ongoing maintenance, comprehensive support, and strategic consulting. It also offers a Software-as-a-Service (SaaS) model, encompassing system monitoring, technical help desk assistance, development of escalation procedures, regular diagnostic data analysis, and timely software updates. Its diverse product portfolio is marketed under the PowerFleet, Pointer, and Cellocator brand names. PowerFleet caters to a broad clientele, serving both commercial enterprises and government entities across numerous sectors. These include general and automotive manufacturing, wholesale and retail, food and grocery distribution, pharmaceutical and medical distribution, construction, mining, utilities, heavy industry, aerospace and defense, homeland security, and various segments of the transportation industry, such as vehicle rental, logistics, shipping, and freight. The company utilizes both direct sales approaches and indirect channels, partnering with original equipment manufacturers (OEMs), vehicle importers, distributors, and industrial equipment dealers. Established in 1993, the company, formerly known as I.D. Systems, Inc., maintains its corporate headquarters in Woodcliff Lake, New Jersey.
Business History
Price Overview
Last updated: Jun 27, 2026 8:49am (8m ago)$3.74
+0.03 (+0.81%)
Day Range
$3.68 – $3.78
52-Week Range
$2.78 – $5.88
50-Day MA
$3.58
200-Day MA
$4.36
Volume
3,382,829.00
Analyst Price Targets
Low
$7.00
Consensus
$7.00
High
$7.00
(5 analysts)
Share Structure
Outstanding
134,180,878.00
Float
124,774,643.00
Free Float
93.0%
High free float
— 93.0% of shares trade freely, ~7% held by insiders/institutions
Very liquid — most shares trade freely. Low insider ownership can mean less management alignment, but makes large position sizing straightforward.
Price History (1 Year)
Revenue & Net Income Trend
The directional story — useful even when net income is negative.
Revenue
The top line — total sales before any costs or taxes are subtracted. A measure of how much business the company is doing.
Net Income
The bottom line — profit left after subtracting all expenses, interest, and taxes from revenue. Reflects accounting profitability, but includes non-cash items like depreciation, so it isn't the same as cash earned.
Operating Cash Flow
The real cash generated by the day-to-day business — selling products, paying suppliers, collecting from customers. Calculated from net income by adding back non-cash items and adjusting for timing (unpaid bills, unsold inventory). When OCF consistently lags net income, the reported profit may not be converting to real money.
| Period | Revenue | Net Income | Net Margin | YoY/QoQ |
|---|
Key Metrics
API Direct from provider
CALC Derived from statements
P/E Ratio (Price per dollar of earnings)
CALCStock Price / EPS (Diluted)
-24.93
Stock Price: $3.74
EPS (Diluted): -0.15
EPS (Diluted): -0.15
P/B Ratio (Price vs net asset value)
APIStock Price / Book Value Per Share
0.87
Stock Price: $3.74
Total Equity: $475.49M
Shares: 133,761,000
Total Equity: $475.49M
Shares: 133,761,000
EV/EBITDA (Total value vs operating profit)
APIEnterprise Value / EBITDA
9.96
Market Cap: $501.84M
Total Debt: $283.41M
Cash: $36.50M
EBITDA: $90.36M
Total Debt: $283.41M
Cash: $36.50M
EBITDA: $90.36M
Enterprise Value (Takeover price (cap + debt - cash))
APIMarket Cap + Total Debt - Cash
$672.4M
Market Cap: $501.84M
Total Debt: $283.41M
Cash: $36.50M
Total Debt: $283.41M
Cash: $36.50M
P/S Ratio (Price per dollar of revenue)
APIStock Price / Revenue Per Share
0.93
Stock Price: $3.74
Revenue: $443.78M
Shares: 133,761,000
Revenue: $443.78M
Shares: 133,761,000
EV/Sales (Total value vs revenue — works when P/E can't)
API1.52
Gross Margin (Revenue left after direct costs)
APIGross Profit / Revenue
55.5%
Gross Profit: $246.42M
Revenue: $443.78M
Revenue: $443.78M
Operating Margin (Revenue left after all operations)
APIOperating Income / Revenue
4.4%
Operating Income: $30.08M
Revenue: $443.78M
Revenue: $443.78M
Net Margin (Revenue left as actual profit)
APINet Income / Revenue
-4.6%
Net Income: -$20.55M
Revenue: $443.78M
Revenue: $443.78M
ROE (Profit from shareholder equity)
APINet Income / Total Equity
-4.4%
Net Income: -$20.55M
Total Equity: $475.49M
Total Equity: $475.49M
ROIC (Profit from all invested capital)
APINOPAT / Invested Capital
2.3%
Operating Income: $30.08M
Tax Rate: 77.2%
Equity: $475.49M
Total Debt: $283.41M
Cash: $36.50M
Tax Rate: 77.2%
Equity: $475.49M
Total Debt: $283.41M
Cash: $36.50M
Current Ratio (Can it pay short-term bills)
APICurrent Assets / Current Liabilities
1.13
Current Assets: $179.18M
Current Liabilities: $157.95M
Current Liabilities: $157.95M
Debt/Equity (Leverage — debt vs equity)
CALCTotal Debt / Total Equity
0.60
Short-Term Debt: $53.74M
Long-Term Debt: $229.67M
Total Debt: $283.41M
Total Equity: $475.49M
Long-Term Debt: $229.67M
Total Debt: $283.41M
Total Equity: $475.49M
Rev/Share (Top-line per share)
CALCRevenue / Shares Outstanding
$3.32
Revenue: $443.78M
Shares: 133,761,000
Shares: 133,761,000
Book Value/Share (Net assets per share)
CALC(Total Assets - Total Liabilities) / Shares
$3.55
Total Equity: $475.49M
Shares: 133,761,000
Shares: 133,761,000
FCF/Share (Real cash generated per share)
CALC(Operating Cash Flow + CapEx) / Shares
$0.07
Operating CF: $30.46M
CapEx: -$21.62M
Shares: 133,761,000
CapEx: -$21.62M
Shares: 133,761,000
CapEx is negative (outflow) — added to OCF to get FCF
Div Yield (Annual income from holding)
APILast Annual Dividend / Stock Price
0.0%
Last Dividend: N/A
Stock Price: $3.74
Stock Price: $3.74
Payout Ratio (Earnings paid out as dividends)
Dividends Paid / Net Income
—
Dividends Paid: N/A
Net Income: -$20.55M
Net Income: -$20.55M
Dividends paid not available in cash flow statement
Industry Benchmarks
Compares AIOT against LLM-researched typical ranges for its
industry. One research call per industry, cached indefinitely — every stock in the same industry
reuses the same baseline.
Deep Analysis
Pre-flight intelligence scans the company first, then routes to the right analytical methods.
0
Company Classification
— What type of company is this?
1
Industry Landscape
— Where is the industry headed?
2
Company Momentum
— Where is this company trending?
3
Forward Projection
— 1Y & 2Y projected metrics (requires Layer 1 + 2)
4a
DCF Valuation
— Present value of future cash flows
4b
Earnings Power Value
— Floor value — worth with zero growth
4c
Anchored PE
— Industry PE adjusted for growth differential
4d
Reverse DCF
— What growth is the market pricing in?
4e
Revenue-Based DCF
— For growth/narrative companies (skip if mature earner)
4f
Anchored P/S
— Price-to-Sales peer comparison (skip if mature earner)
4g
Scenario Analysis
— Bull / Base / Bear (skip if mature earner)
4h
Dividend Discount Model
— For dividend/income stocks only
4i
Book Value Analysis
— For deep value / turnaround stocks only
4j
Insider Activity
— Are insiders buying or selling?
4f
Cash Flow Quality
— How trustworthy is the FCF?
4g
Debt Maturity Risk
— Can it handle its debt?
4h
Macro Environment
— Rates, market valuation, volatility
4i
Sector Intelligence
— How does this company compare within its sector?
4j
Revenue Confidence
— How reliable is the growth projection?
4k
Sensitivity Analysis
— How fragile is the fair value estimate?
4l
Sector Demand Cycle
— Is the sector in a boom, steady state, or contraction?
5
AI Investigation
— Adaptive research engine (Claude)
5b
Thesis Evaluation
— What does the market believe? (narrative/platform stocks only)
6
Valuation Synthesis
— Weighted verdict from all methods (requires Layer 4)
Income Statement (Annual)
Last updated: Jun 21, 2026 7:44pm (5d ago)| Metric | 2022 | 2023 | 2024 | 2025 | 2026 |
|---|---|---|---|---|---|
| Revenue | $126.0M | $135.2M | $362.5M | $362.5M | $443.8M |
| Cost of Revenue | $66.2M | $71.0M | $168.0M | $168.0M | $197.4M |
| Gross Profit | $59.8M | $64.2M | $194.5M | $194.5M | $246.4M |
| Operating Expenses | $67.9M | $71.1M | $220.4M | $220.4M | $216.3M |
| Operating Income | -$8.2M | -$6.9M | -$25.9M | -$25.9M | $30.1M |
| Net Income | -$12.8M | -$7.0M | -$51.0M | -$51.0M | -$20.6M |
| EBITDA | $434,000 | $7.8M | $56.8M | $56.8M | $90.4M |
| EPS | $-0.64 | $-0.07 | $-1.09 | $-0.43 | $-0.15 |
| EPS (Diluted) | — | — | — | — | — |
Balance Sheet (Annual)
Last updated: Jun 21, 2026 7:44pm (5d ago)| Metric | 2022 | 2023 | 2024 | 2025 | 2026 |
|---|---|---|---|---|---|
| Cash & Equivalents | $26.5M | $24.8M | $24.4M | $48.8M | $36.5M |
| Total Current Assets | $87.9M | $87.7M | $169.8M | $169.1M | $179.2M |
| Total Assets | $229.9M | $222.9M | $308.7M | $910.1M | $955.6M |
| Current Liabilities | $44.3M | $45.8M | $43.6M | $151.0M | $158.0M |
| Long-Term Debt | $25.5M | $15.7M | $113.8M | $232.2M | $229.7M |
| Total Liabilities | $85.0M | $75.5M | $179.8M | $463.3M | $474.0M |
| Total Equity | $144.8M | $147.3M | $128.8M | $446.6M | $475.5M |
| Retained Earnings | -$134.4M | -$136.7M | -$154.8M | -$205.8M | -$226.3M |
Cash Flow (Annual)
Last updated: Jun 21, 2026 7:44pm (5d ago)| Metric | 2021 | 2022 | 2023 | 2025 | 2026 |
|---|---|---|---|---|---|
| Operating Cash Flow | -$5.4M | $1.2M | $4.4M | -$3.3M | $30.5M |
| Capital Expenditure | -$3.0M | -$6.2M | -$7.1M | -$33.8M | -$21.6M |
| Free Cash Flow | -$8.4M | -$5.0M | -$2.7M | -$37.1M | $8.8M |
| Acquisitions (net) | $0 | $0 | $8.7M | -$137.1M | $0 |
| Debt Repayment | — | — | — | — | — |
| Dividends Paid | — | — | — | — | — |
| Stock Buybacks | $-794,000 | $-211,000 | $-141,000 | -$2.8M | $0 |
| Net Change in Cash | $8.3M | -$8.8M | $1.3M | -$60.9M | -$8.0M |
Analyst Estimates (Annual)
Last updated: Jun 27, 2026 8:49am (8m ago)| Metric | 2025 | 2026 | 2027 | 2028 |
|---|---|---|---|---|
| Revenue |
$362.5M $361.1M – $364.0M
|
$442.3M $441.9M – $443.0M
|
$487.2M $484.8M – $488.9M
|
$535.6M $532.0M – $538.0M
|
| EBITDA |
$32.6M $32.5M – $32.7M
|
$39.8M $39.7M – $39.8M
|
$43.8M $43.6M – $44.0M
|
$48.1M $47.8M – $48.4M
|
| Net Income |
-$38.9M -$75.8M – -$23.1M
|
-$18.3M -$19.7M – -$16.9M
|
$6.3M $1.8M – $16.5M
|
$26.7M $17.8M – $44.9M
|
| EPS | — | — | — | — |
Growth Trends (YoY %)
Last updated: Jun 21, 2026 7:44pm (5d ago)| Metric | 2023 | 2024 | 2025 | 2026 |
|---|---|---|---|---|
| Revenue Growth | +7.3% | +168.2% | +0.0% | +22.4% |
| Gross Profit Growth | +7.4% | +203.2% | +0.0% | +26.7% |
| Operating Income Growth | +15.0% | -272.6% | +0.0% | +216.2% |
| Net Income Growth | +45.1% | -628.1% | +0.0% | +59.7% |
| EBITDA Growth | +1,703.2% | +625.8% | +0.0% | +59.1% |
Insider Trading (Recent)
Last updated: Jun 27, 2026 8:49am (8m ago)
Type codes
PPurchase
SSale
AAward / grant
MOption exercise
FIn-kind (tax)
CConversion
GGift
DReturn to issuer
All SEC Form 4 codes
Open market
- P Purchase
- Open-market or private purchase of shares.
- S Sale
- Open-market or private sale of shares.
Compensation (Rule 16b-3)
- A Award / grant
- Grant or award of securities (RSUs, options, etc.) under Rule 16b-3.
- D Return to issuer
- Securities disposed back to the company under Rule 16b-3.
- F In-kind (tax)
- Shares withheld or delivered to pay the option-exercise price or tax — not an open-market sale.
- I Discretionary
- Discretionary transaction under an employee plan — Rule 16b-3(f).
- M Option exercise
- Exercise or conversion of a derivative (option/RSU) into shares — exempt.
Derivatives
- C Conversion
- Conversion of a derivative security into the underlying shares.
- E Short expiration
- Expiration of a short derivative position.
- H Long expiration
- Expiration or cancellation of a long derivative position with value received.
- O OTM exercise
- Exercise of an out-of-the-money derivative.
- X ITM exercise
- Exercise of an in-the-money or at-the-money derivative.
Other exempt
- G Gift
- Bona fide gift of securities.
- L Small acquisition
- Small acquisition under Rule 16a-6.
- W Inheritance
- Acquisition or disposition by will or the laws of descent.
- Z Voting trust
- Deposit into or withdrawal from a voting trust.
Other
- J Other
- Other acquisition or disposition (explained in a Form 4 footnote).
- K Equity swap
- Transaction in an equity swap or similar instrument.
- U Tender / buyout
- Disposition via tender of shares in a change-of-control transaction.
Compensation-plan codes (A, D, F, M) are routine and rarely directional. Open-market P (buy) and S (sale) carry the most signal.
| Date | Insider | Type | Shares | Price | Value |
|---|---|---|---|---|---|
| 2026-05-18 | McConnell Michael J | A-Award | 24,396.00 | $0.00 | $0 |
| 2026-05-18 | JACOBS IAN | A-Award | 24,396.00 | $0.00 | $0 |
| 2026-02-25 | Ingram Melissa Rose | A-Award | 170,319.00 | $0.00 | $0 |
| 2026-02-25 | Ingram Melissa Rose | A-Award | 85,160.00 | $0.00 | $0 |
| 2026-02-25 | Powell Michael Joseph | A-Award | 77,418.00 | $0.00 | $0 |
| 2026-02-25 | Powell Michael Joseph | A-Award | 38,709.00 | $0.00 | $0 |
| 2026-02-25 | Towe Steven Mark | A-Award | 387,090.00 | $0.00 | $0 |
| 2026-02-25 | Towe Steven Mark | A-Award | 193,545.00 | $0.00 | $0 |
| 2026-02-25 | WILSON DAVID | A-Award | 193,545.00 | $0.00 | $0 |
| 2026-02-25 | WILSON DAVID | A-Award | 96,772.00 | $0.00 | $0 |
| 2025-07-27 | Towe Steven Mark | F-InKind | 76,272.00 | $4.57 | $348,563 |
| 2026-01-01 | Towe Steven Mark | F-InKind | 48,959.00 | $5.32 | $260,462 |
| 2026-01-07 | Powell Michael Joseph | F-InKind | 3,042.00 | $5.25 | $15,971 |
| 2025-07-27 | Ingram Melissa Rose | F-InKind | 12,018.00 | $4.57 | $54,922 |
| 2025-07-27 | WILSON DAVID | F-InKind | 13,250.00 | $4.57 | $60,553 |
| 2025-08-18 | McConnell Michael J | P-Purchase | 10,000.00 | $4.64 | $46,400 |
| 2025-08-14 | Towe Steven Mark | P-Purchase | 23,157.00 | $4.42 | $102,354 |
| 2025-03-30 | WILSON DAVID | A-Award | 174,337.00 | $0.00 | $0 |
| 2025-03-30 | WILSON DAVID | A-Award | 87,169.00 | $0.00 | $0 |
| 2025-03-30 | Towe Steven Mark | A-Award | 348,675.00 | $0.00 | $0 |
Narrative Economics
The story the market is telling about this stock — the intangible X-factor
(founder mythology, cult dynamics, TAM-of-imagination) that moves price beyond
what cash flows alone explain. After Shiller, Narrative Economics.
No narrative profile yet for AIOT — it's generated by the pipeline (
market-narrative step).
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Data via Financial Modeling Prep · Cached for performance · fmp
v1.1.352 · d1100787 · 2026-06-26 11:39:30