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AIOT
Upturn stock ratingUpturn stock rating

PowerFleet, Inc. (AIOT)

Upturn stock ratingUpturn stock rating
$5.93
Delayed price
upturn advisory
PASS
  • BUY Advisory
  • SELL Advisory (Profit)​
  • SELL Advisory (Loss)​
  • Profit
  • Loss
  • Pass (Skip investing)
Upturn Stock infoUpturn Stock info Stock price based on last close
*as per simulation
(see disclosures)
Time period over
  • ALL
  • YEAR
  • MONTH
  • WEEK

Upturn Advisory Summary

03/27/2025: AIOT (2-star) is currently NOT-A-BUY. Pass it for now.

Upturn Star Rating

ratingratingratingratingrating

Below Average Performance

These Stocks/ETFs, based on Upturn Advisory, often underperform the market, warranting careful consideration before investing.

AI Based Fundamental Rating

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Below Average Performance

These Stocks/ETFs, based on Upturn Advisory, often underperform the market, warranting careful consideration before investing.

Analysis of Past Performance

Type Stock
Historic Profit 26.41%
Avg. Invested days 37
Today’s Advisory PASS
Upturn Star Rating Upturn stock ratingUpturn stock rating
Upturn Advisory Performance Upturn Advisory Performance 2.0
Stock Returns Performance Upturn Returns Performance 3.0
Upturn Profits based on simulationUpturn Profits based on simulation Profits based on simulation
Upturn Profits based on simulationUpturn Profits based on simulation Last Close 03/27/2025

Key Highlights

Company Size Small-Cap Stock
Market Capitalization 528.21M USD
Price to earnings Ratio -
1Y Target Price 8.86
Price to earnings Ratio -
1Y Target Price 8.86
Volume (30-day avg) 1844419
Beta 1.68
52 Weeks Range 3.85 - 8.71
Updated Date 02/26/2025
52 Weeks Range 3.85 - 8.71
Updated Date 02/26/2025
Dividends yield (FY) -
Basic EPS (TTM) -0.49

Analyzing Revenue: Products, Geography and Growth

Revenue by Products

Revenue by Geography

Earnings Date

Report Date 2025-03-10
When Before Market
Estimate -
Actual -0.1085

Profitability

Profit Margin -29.78%
Operating Margin (TTM) 2.87%

Management Effectiveness

Return on Assets (TTM) -
Return on Equity (TTM) -

Valuation

Trailing PE -
Forward PE 31.65
Enterprise Value 648523029
Price to Sales(TTM) 2.96
Enterprise Value 648523029
Price to Sales(TTM) 2.96
Enterprise Value to Revenue 4.44
Enterprise Value to EBITDA 98.95
Shares Outstanding 107578000
Shares Floating 100218963
Shares Outstanding 107578000
Shares Floating 100218963
Percent Insiders 8.96
Percent Institutions 62.53

Analyst Ratings

Rating 4.57
Target Price 8.86
Buy 3
Strong Buy 4
Buy 3
Strong Buy 4
Hold -
Sell -
Strong Sell -
Strong Sell -

ai summary icon Upturn AI SWOT

PowerFleet, Inc.

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Company Overview

History and Background

PowerFleet, Inc. (formerly I.D. Systems) was founded in 1993. Initially focused on wireless asset management for the industrial truck market, it has evolved through acquisitions and organic growth to offer a broader range of IoT and telematics solutions.

Core Business Areas

  • Industrial Internet of Things (IIoT): Provides solutions for managing industrial vehicles and assets, including forklifts, yard trucks, and other industrial equipment. Includes data insights and analytics.
  • Supply Chain Visibility: Offers solutions for tracking and managing assets throughout the supply chain, from manufacturing to delivery. Providing real-time location tracking.
  • Fleet Management: Provides solutions for managing commercial vehicle fleets, including vehicle tracking, driver behavior monitoring, and fuel management.
  • Subscription Services: recurring revenue through software and service subscriptions related to their telematics solution

Leadership and Structure

PowerFleet's leadership team consists of CEO Steve Towe, CFO Ned Mavrommatis, and other key executives. The company operates with a functional organizational structure.

Top Products and Market Share

Key Offerings

  • Unity: A comprehensive IoT platform that provides real-time visibility and analytics for industrial assets, competes with Samsara, Verizon Connect. Market share data is unavailable.
  • LV-Series: Vehicle and driver safety solutions for forklifts and industrial vehicles. Market share data is unavailable and competes with Raymond, Crown Equipment.
  • Telematics Solutions for Transportation: Asset and trailer tracking, cold chain monitoring for trucking and logistics. Market share data is unavailable and competes with Orbcomm and CalAmp.

Market Dynamics

Industry Overview

The IoT and telematics market is experiencing rapid growth driven by increasing demand for real-time data, asset tracking, and operational efficiency. The sector is heavily influenced by technological advancements in areas such as 5G, cloud computing, and artificial intelligence.

Positioning

PowerFleet is positioned as a provider of wireless IoT and telematics solutions for enterprise applications. Its competitive advantages include its established customer base, its proprietary technology platform, and its focus on specific vertical markets.

Total Addressable Market (TAM)

The global IoT market is projected to reach hundreds of billions of dollars. PowerFleet is positioned to capture a small portion of this large TAM, focusing on specific niche areas within industrial and supply chain IoT.

Upturn SWOT Analysis

Strengths

  • Established customer base
  • Proprietary technology platform
  • Focus on specific vertical markets
  • Experienced management team
  • Recurring revenue model (subscription services)

Weaknesses

  • Smaller scale compared to larger competitors
  • Reliance on a few key customers
  • Dependence on technology advancements
  • Limited brand awareness

Opportunities

  • Expansion into new geographic markets
  • Development of new IoT solutions
  • Strategic partnerships and acquisitions
  • Increasing demand for real-time data and analytics

Threats

  • Intense competition from larger players
  • Rapid technological changes
  • Economic downturns
  • Cybersecurity threats
  • Supply chain disruptions

Competitors and Market Share

Key Competitors

  • Samsara (IOT)
  • ORBC (Orbcomm)
  • VRZN (Verizon Communications)

Competitive Landscape

PowerFleet faces intense competition from larger players with greater resources. It differentiates itself through its focus on specific vertical markets and its proprietary technology platform.

Major Acquisitions

Pointer Telocation

  • Year: 2019
  • Acquisition Price (USD millions): 140
  • Strategic Rationale: Expanded PowerFleet's global reach and product portfolio in the telematics market.

Growth Trajectory and Initiatives

Historical Growth: PowerFleet's historical growth has been driven by acquisitions and organic expansion of its product offerings.

Future Projections: Future growth is expected to be driven by increasing adoption of IoT and telematics solutions across various industries. Analyst estimates should be consulted for specific revenue and earnings growth projections.

Recent Initiatives: Recent initiatives include expanding its product portfolio, strengthening its sales and marketing efforts, and pursuing strategic partnerships and acquisitions.

Summary

PowerFleet is a niche player in the growing IoT and telematics market. The company benefits from its specialized focus and recurring revenue, but faces competition from larger companies. Continued growth will depend on successful product innovation and strategic acquisitions. Need to look out for competitors which are gaining more market share.

Similar Companies

  • IOT
  • ORBC
  • VRZN
  • STM
  • PTC

Sources and Disclaimers

Data Sources:

  • Company website
  • Press releases
  • Industry reports
  • Analyst estimates
  • SEC filings

Disclaimers:

This analysis is based on publicly available information and is not financial advice. Market share data is estimated and may not be precise.

Upturn AI SummarizationUpturn AI Summarization AI Summarization is directionally correct and might not be accurate.

Upturn AI SummarizationUpturn AI Summarization Summarized information shown could be a few years old and not current.

Upturn AI SummarizationUpturn AI Summarization Fundamental Rating based on AI could be based on old data.

Upturn AI SummarizationUpturn AI Summarization AI-generated summaries may have inaccuracies (hallucinations). Please verify the information before taking action.

About PowerFleet, Inc.

Exchange NASDAQ
Headquaters Woodcliff Lake, NJ, United States
IPO Launch date 1999-06-30
CEO & Director Mr. Steve Towe
Sector Technology
Industry Software - Infrastructure
Full time employees 1954
Full time employees 1954

PowerFleet, Inc. provides Internet-of-Things solutions in the United States, Israel, and internationally. The company offers SaaS cloud-based applications data from IoT devices and ecosystem of third-party and partner applications to present actionable information for customers 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. It also provides hosting, maintenance, and support and consulting services; and Software as a Service, including system monitoring, help desk technical support, escalation procedure development, routine diagnostic data analysis, and software updates services. The company offers its products under the PowerFleet, Pointer, and Cellocator brands. It sells its products to commercial and government sectors in automotive manufacturing, wholesale and retail food and grocery distribution, logistics, heavy industry, transportation, aviation, manufacturing, aerospace and defense, homeland security, vehicle rental, heavy industry, and freight transportation markets, as well as through indirect sales channels, such as original equipment manufacturers, vehicle importers, distributors, and warehouse equipment dealers. The company was formerly known as I.D. Systems, Inc. PowerFleet, Inc. was incorporated in 1993 and is headquartered in Woodcliff Lake, New Jersey.

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