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Powerfleet ( (AIOT) ) has shared an announcement.
On August 11, 2025, Powerfleet reported its financial results for the first quarter of fiscal year 2026, showcasing a 38% year-over-year increase in total revenue to $104.1 million, driven by strong services revenue growth. The company’s strategic focus on high-margin SaaS solutions and successful integration of acquisitions contributed to a 58% rise in adjusted EBITDA, reaching $21.6 million. Powerfleet’s ongoing efforts in expanding its EBITDA and improving operational efficiencies have positioned it well for future growth, as evidenced by its increased revenue guidance for the full year 2026.
The most recent analyst rating on (AIOT) stock is a Buy with a $10.00 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.
Powerfleet’s score is influenced by its strong earnings call performance, showcasing significant growth and strategic execution. However, the bearish technical indicators and negative valuation metrics, driven by consistent losses, weigh down the overall score. Financial performance shows growth potential but is hampered by profitability and cash flow challenges.
To see Spark’s full report on AIOT stock, click here.
More about Powerfleet
Powerfleet is a global leader in the artificial intelligence of things (AIoT) software-as-a-service (SaaS) mobile asset industry, with over 30 years of experience. The company focuses on unifying business operations through AI-driven solutions.
Average Trading Volume: 1,951,089
Technical Sentiment Signal: Sell
Current Market Cap: $516.4M
Find detailed analytics on AIOT stock on TipRanks’ Stock Analysis page.