Powerfleet, Inc. (AIOT) Stock Forecast Oct. 16, 2026
Analysis updated on Oct. 16, 2026 (UTC) · Total · absolute moveSwitch to Alpha · Nasdaq
Powerfleet, Inc. (AIOT) stock forecast summary
On Oct. 16, 2026, AIOT is rated Neutral: its 90-day Total forecast sits in the middle 30% of the 5184 stocks scored that day.
Powerfleet, Inc. is a small-cap company with a market capitalization of $321M. It ranks number 4 by market capitalization among the 15 Communications Equipment, NEC issuers in our coverage with a current forecast.
For AIOT, the Spearman rank correlation between our 90-day forecasts and the returns that followed is 44.0%, measured on 357 forecast dates between 2022-07-29 and 2026-07-17 on this stock's own recent history. A rank correlation runs from -100% to +100%: it measures whether higher forecasts were followed by higher returns, and a value near zero or below means the model has shown little skill on this stock. On the 30-day forecasts the same correlation is 4.0%, measured on 400 forecast dates between 2022-07-29 and 2026-09-16. Across our coverage, the out-of-sample test on 4495 stocks from 2025-01-06 to 2026-07-07 produced a positive net return in 82.5% of rebalance periods (factor-neutral book, net of estimated costs). Full backtest report
Expected absolute price move over the horizon, market included. This is the number a price target is built from. Ratings: strong buy ≥ +5.1%, buy ≥ +3.4%, sell < +1.8%, strong sell < +0.8% (top 15%, next 20%, middle 30%, next 20%, bottom 15% of the 2026-10-16 signals)
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How AIOT ranks among 5184 stocks
90D Total forecasts of every company scored, cut into five relative ratings at the 15th, 35th, 65th and 85th percentiles (dashed lines).
Powerfleet, Inc. (AIOT) fundamentals
Trailing twelve months. The industry median and the rank (1 = highest) are taken over the Communications Equipment, NEC peers listed below that report each metric.
Valuation & Market
| Metric | AIOT | Rank |
|---|---|---|
| Market Cap | $321M | 4/15 |
| P/B Ratio | 0.66x | 10/12 |
| EPS | $-0.13 | – |
| Book Value/Share | $3.60 | – |
| Revenue/Share | $3.36 | – |
| FCF/Share | $0.12 | – |
Profitability & Margins
| Metric | AIOT | Rank |
|---|---|---|
| ROE | -3.9% | 4/9 |
| ROA | -1.9% | 4/11 |
| ROIC | 2.7% | 7/13 |
| Gross Margin | 55.7% | 3/13 |
| Operating Margin | 4.9% | 5/13 |
| Net Margin | -4.2% | 4/11 |
| EBT Margin | -1.8% | 7/14 |
| Tax Rate | -117.3% | – |
The effective tax rate is outside the normal band, which points to a large non-recurring tax item in the trailing twelve months; headline net income, net margin and P/E are affected by it.
Financial Health
| Metric | AIOT | Rank |
|---|---|---|
| Current Ratio | 1.10x | 11/14 |
| Quick Ratio | 0.96x | 10/13 |
| D/E Ratio | 0.98x | 5/12 |
| Financial Leverage | 1.99x | 5/12 |
| Interest Coverage | 0.0x | 8/14 |
| Working Capital | $15M | 7/14 |
Cash Flow
| Metric | AIOT | Rank |
|---|---|---|
| Operating Cash Flow | $34M | 4/15 |
| Free Cash Flow | $16M | 5/9 |
| Capital Spending | -$18M | 7/9 |
| OCF Growth YoY | 280.2% | 2/6 |
| FCF/Sales | 3.5% | 5/9 |
| CapEx/Sales | 4.1% | 4/9 |
Operational Efficiency
| Metric | AIOT | Rank |
|---|---|---|
| Asset Turnover | 0.47x | 7/12 |
| Receivables Turnover | 4.9x | 4/9 |
| Inventory Turnover | 9.2x | 3/13 |
| Fixed Assets Turnover | 7.1x | 7/10 |
| Days Sales Outstanding | 74 days | 6/9 |
| Days Inventory | 40 days | 11/13 |
| Payables Period | 81 days | 6/10 |
| Cash Conversion Cycle | 32 days | 5/8 |
Income Statement
| Metric | AIOT | Rank |
|---|---|---|
| Total Revenue | $450M | 3/12 |
| Operating Income | $22M | 3/14 |
| Net Income | -$19M | 9/12 |
| R&D Expense | $18M | 4/13 |
| SG&A Expense | $211M | 3/13 |
| Cost of Goods Sold | $199M | 3/14 |
Dividend & Shareholder Information
| Metric | AIOT | Rank |
|---|---|---|
| Shares Outstanding | 134M | – |
Balance Sheet Highlights (USD millions)
| Total Current Assets | $174M | 18.0% of assets |
| Cash & Short-term Investments | $33M | 3.4% of assets |
| Accounts Receivable | $91M | 9.5% of assets |
| Inventory | $22M | 2.2% of assets |
| Total Liabilities | $474M | 49.2% of assets |
| Short-term Debt | $114M | 11.8% of assets |
AIOT quarterly financials and insider trading
Powerfleet, Inc. (AIOT) industry peers
Companies classified under the same SEC industry code as Powerfleet, Inc. (Communications Equipment, NEC): 15 common-stock issuers with a forecast this week, one row per issuer, largest first. This is a classification match, not a curated list of competitors.
Reveal all forecasts · See exact % predictions for all competitors
Sign up free| Company | 90-Day AI Forecast (Total) | Market Cap |
|---|---|---|
| AIOT Powerfleet, Inc. | ▶ | $321M |
| LITE Lumentum Holdings Inc. | ▲ | $73.92B |
| ESE Esco Technologies Inc | ▶ | $6.45B |
| NSSC Napco Security Technologies, Inc | ▶ | $1.27B |
| TBCH Turtle Beach Corp | ▲ | $272M |
| RSKIA George Risk Industries, Inc. | ▲ | $101M |
| AMPG Amplitech Group, Inc. | ▶ | $72M |
| INSG Inseego Corp. | ▲ | $68M |
| REKR Rekor Systems, Inc. | ▲ | $46M |
| TRCK Track Group, Inc. | ▼ | $23M |
| KSCP Knightscope, Inc. | ▲ | $13M |
| VISL Vislink Technologies, Inc. | ▶ | $10M |
| MTEK Maris Tech Ltd. | ▲ | $4M |
| IWAL Iwallet Corp | ▼ | $2M |
| ASNS Actelis Networks Inc | ▶ | $1M |
Where AIOT sits on the market map
Powerfleet, Inc. (AIOT) stock news
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Powerfleet, Inc. (AIOT) stock forecast FAQ
What is the Powerfleet, Inc. (AIOT) stock forecast?
On Oct. 16, 2026, AIOT is rated Neutral: its 90-day Total forecast sits in the middle 30% of the 5184 stocks scored that day.
How accurate are Powerfleet, Inc. stock predictions?
For AIOT, the Spearman rank correlation between our 90-day forecasts and the returns that followed is 44.0%, measured on 357 forecast dates between 2022-07-29 and 2026-07-17 on this stock's own recent history. A rank correlation runs from -100% to +100%: it measures whether higher forecasts were followed by higher returns, and a value near zero or below means the model has shown little skill on this stock. On the 30-day forecasts the same correlation is 4.0%, measured on 400 forecast dates between 2022-07-29 and 2026-09-16. Across our coverage, the out-of-sample test on 4495 stocks from 2025-01-06 to 2026-07-07 produced a positive net return in 82.5% of rebalance periods (factor-neutral book, net of estimated costs). Full backtest report
How often are Powerfleet, Inc. forecasts updated?
Powerfleet, Inc. forecasts are refreshed on trading days as the daily model run completes. The forecast on this page was produced on Oct. 16, 2026.
Which companies are Powerfleet, Inc.'s industry peers?
15 issuers in our coverage, AIOT included, share the SEC industry code Communications Equipment, NEC. The largest are: Lumentum Holdings Inc. (LITE), Esco Technologies Inc (ESE), Napco Security Technologies, Inc (NSSC), Turtle Beach Corp (TBCH), George Risk Industries, Inc. (RSKIA), Amplitech Group, Inc. (AMPG).
This analysis is generated automatically using our proprietary AI systems and should not be considered personalized investment advice. Past performance does not guarantee future results. Always conduct your own research and consider consulting a financial advisor before making investment decisions.