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Powerfleet ( (AIOT) ) just unveiled an announcement.
On February 9, 2026, Powerfleet reported financial results for its third quarter ended December 31, 2025, highlighted by record total revenue of $113.5 million, up 7% year over year, and services revenue of $91.1 million, up 11%, with services now representing 80% of revenue. The company swung to an operating profit of $6.3 million from a loss a year earlier, sharply reduced its net loss to $3.4 million, lifted adjusted EBITDA 26% to $25.7 million with margin expansion to 23%, and improved its adjusted net debt leverage to 2.7x.
Management pointed to disciplined execution, cost synergies from integrating MiX Telematics and Fleet Complete, and strong recurring revenue momentum, including a major South African public sector contract covering more than 100,000 assets that underscores its ability to win large-scale AI video and visibility deals. Powerfleet tightened full-year 2026 revenue guidance to $440 million–$445 million, moderated its adjusted EBITDA growth outlook to about 45% to fund operating investments for anticipated demand from 2027, and projected further deleveraging to roughly 2.4x adjusted net debt to adjusted EBITDA by March 31, 2026, signaling continued balance sheet strengthening for stakeholders.
The most recent analyst rating on (AIOT) stock is a Hold with a $5.00 price target. To see the full list of analyst forecasts on Powerfleet stock, see the AIOT Stock Forecast page.
Spark’s Take on AIOT Stock
According to Spark, TipRanks’ AI Analyst, AIOT is a Neutral.
The score is driven primarily by mixed fundamentals: strong revenue growth and improved leverage are outweighed by ongoing losses and negative free cash flow. Technical signals are bearish with the stock below key moving averages and negative MACD, which pressures the score. The earnings call provides a meaningful offset with strong revenue/EBITDA growth, improving margins, and optimistic outlook, while valuation is constrained by negative earnings (negative P/E).
To see Spark’s full report on AIOT stock, click here.
More about Powerfleet
Powerfleet, Inc. is a global leader in the artificial intelligence of things (AIoT) software-as-a-service mobile asset industry, listed on Nasdaq and the JSE. The company focuses on unifying business operations by ingesting, harmonizing, and integrating data from diverse sources to deliver actionable insights that help customers save lives, time, and money across mission-critical fleets and mobile assets.
Average Trading Volume: 1,251,336
Technical Sentiment Signal: Hold
Current Market Cap: $647.7M
For detailed information about AIOT stock, go to TipRanks’ Stock Analysis page.