Powerfleet’s Promising Growth Trajectory: Buy Rating Affirmed Despite Mixed Fiscal 2026 Outlook

William Blair analyst Dylan Becker has maintained their bullish stance on AIOT stock, giving a Buy rating today.

Dylan Becker has given his Buy rating due to a combination of factors that highlight Powerfleet’s ongoing business momentum and potential for future growth. The company reported preliminary fourth-quarter results that were in line with or slightly better than previous guidance, with a notable 25% increase in top-line revenues and an adjusted EBITDA margin of approximately 20%. This performance underscores the company’s ability to maintain momentum despite a somewhat mixed initial outlook for fiscal 2026.
Although the initial guidance for fiscal 2026 was below consensus expectations, with total revenue and adjusted EBITDA falling short due to macroeconomic uncertainties and minor business adjustments, Becker remains optimistic. The integration of recently acquired assets and the realization of cost and cross-selling synergies are expected to drive accelerated organic revenue growth and expanded EBITDA margins in the coming years. With the stock trading at a favorable valuation relative to the company’s projected financial profile, Becker views the risk/reward balance as attractive, supporting his Buy recommendation.

According to TipRanks, Becker is a 5-star analyst with an average return of 10.7% and a 66.13% success rate. Becker covers the Technology sector, focusing on stocks such as Sapiens, CCC Intelligent Solutions Holdings, and Procore Technologies.

In another report released today, Lake Street also maintained a Buy rating on the stock with a $11.00 price target.