PowerFleet (PWFL) Stock Forecast, Price Target & Predictions
PWFL Stock Forecast
PowerFleet stock forecast is as follows: an average price target of $9.00 (represents a 88.68% upside from PWFL’s last price of $4.77) and a rating consensus of 'Buy', based on 2 wall street analysts offering a 1-year stock forecast.
PWFL Price Target
The average price target for PowerFleet (PWFL) is $9.00 based on 1-year price targets from 2 Wall Street analysts in the past 3 months, with a price target range of $10.00 to $7.00. This represents a potential 88.68% upside from PWFL's last price of $4.77.
PWFL Analyst Ratings
According to 2 Wall Street analysts, PowerFleet's rating consensus is 'Buy'. The analyst rating breakdown for PWFL stock is 0 'Strong Buy' (0.00%), 2 'Buy' (100.00%), 0 'Hold' (0.00%), 0 'Sell' (0.00%), and 0 'Strong Sell' (0.00%).
PowerFleet Price Target by Analyst
| Date | Analyst | Company | Price Target | Price when Published | Price Target/Price when Published | Price Target/Last Closing Price |
|---|---|---|---|---|---|---|
| Apr 30, 2024 | Gary Prestopino | Barrington | $10.00 | $4.76 | 110.08% | 109.64% |
| Apr 01, 2024 | Alexander Sklar | Raymond James | $7.00 | $4.92 | 42.28% | 46.75% |
| Mar 15, 2024 | Anthony Stoss | Craig-Hallum | $9.00 | $3.63 | 147.93% | 88.68% |
| Mar 13, 2024 | Michael Walkley | Canaccord Genuity | $10.00 | $3.56 | 180.90% | 109.64% |
The latest PowerFleet stock forecast, released on Apr 30, 2024 by Gary Prestopino from Barrington, set a price target of $10.00, which represents a 110.08% increase from the stock price at the time of the forecast ($4.76), and a 109.64% increase from PWFL last price ($4.77).
PowerFleet Price Target by Period
| 1M | 3M | 12M | |
|---|---|---|---|
| # Anlaysts | - | - | 4 |
| Avg Price Target | - | - | $9.00 |
| Last Closing Price | $4.77 | $4.77 | $4.77 |
| Upside/Downside | -100.00% | -100.00% | 88.68% |
In the current month, the average price target of PowerFleet stock is -, according to 0 Wall Street analyst offering twelve months forecast. The average price target represents a -100.00% decrease as opposed to PowerFleet's last price of $4.77. This month's average price target is down NaN% compared to last quarter, and down -100.00% compared to last year.
Analyst Ratings Upgrades/Downgrades
| Date | Company | Previous Rating | New Rating | Rating Change |
|---|---|---|---|---|
| Apr 01, 2024 | Raymond James | - | Outperform | Initialise |
| Mar 13, 2024 | Lake Street | Buy | Buy | Hold |
PowerFleet's last stock rating was published by Raymond James on Apr 01, 2024. The company Initialise its PWFL rating from "null" to "Outperform".
PowerFleet Financial Forecast
PowerFleet Revenue Forecast
| Dec 26 | Sep 26 | Jun 26 | Mar 26 | Dec 25 | Sep 25 | Jun 25 | Mar 25 | Dec 24 | Sep 24 | Jun 24 | Mar 24 | Dec 23 | Sep 23 | Jun 23 | Mar 23 | Dec 22 | Sep 22 | Jun 22 | Mar 22 | Dec 21 | Sep 21 | Jun 21 | Mar 21 | Dec 20 | Sep 20 | Jun 20 | Mar 20 | Dec 19 | Sep 19 | |
|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|
| Revenue | - | - | - | - | - | - | - | - | - | - | - | - | $34.50M | $34.20B | $32.05M | $32.84M | $33.11M | $34.29M | $34.59M | $33.16M | $34.42M | $29.25M | $33.55M | $28.99M | $29.43M | $27.60M | $25.77M | $30.80M | $35.15M | $16.88M |
| Avg Forecast | $99.55M | $96.96M | $92.54M | $87.70M | $86.84M | $83.91M | $80.51M | $77.37M | $74.85M | $73.13M | $70.77M | $70.01M | $33.93M | $33.79M | $34.37M | $33.60M | $34.44M | $34.67M | $34.37M | $32.09M | $31.62M | $33.37M | $31.05M | $29.00M | $28.39M | $26.41M | $25.01M | $30.86M | $35.19M | $16.28M |
| High Forecast | $99.55M | $96.96M | $92.54M | $87.70M | $86.84M | $83.91M | $80.51M | $77.37M | $74.85M | $73.13M | $70.77M | $70.47M | $34.41M | $33.79M | $34.37M | $33.60M | $34.44M | $34.67M | $34.37M | $32.09M | $31.62M | $33.37M | $31.05M | $29.00M | $28.39M | $26.41M | $25.01M | $30.86M | $35.19M | $16.28M |
| Low Forecast | $99.55M | $96.96M | $92.54M | $87.70M | $86.84M | $83.91M | $80.51M | $77.37M | $74.85M | $73.13M | $70.77M | $69.25M | $33.44M | $33.79M | $34.37M | $33.60M | $34.44M | $34.67M | $34.37M | $32.09M | $31.62M | $33.37M | $31.05M | $29.00M | $28.39M | $26.41M | $25.01M | $30.86M | $35.19M | $16.28M |
| # Analysts | 1 | 1 | 1 | 1 | 1 | 1 | 1 | 1 | 1 | 1 | 1 | 3 | 2 | 1 | 1 | 1 | - | - | - | - | 1 | 1 | 1 | 1 | 14 | 8 | 8 | 10 | 13 | 7 |
| Surprise % | - | - | - | - | - | - | - | - | - | - | - | - | 1.02% | 1012.06% | 0.93% | 0.98% | 0.96% | 0.99% | 1.01% | 1.03% | 1.09% | 0.88% | 1.08% | 1.00% | 1.04% | 1.05% | 1.03% | 1.00% | 1.00% | 1.04% |
PowerFleet's average Quarter revenue forecast for Mar 24 based on 3 analysts is $70.01M, with a low forecast of $69.25M, and a high forecast of $70.47M. PWFL's average Quarter revenue forecast represents a 102.93% increase compared to the company's last Quarter revenue of $34.50M (Dec 23).
PowerFleet EBITDA Forecast
| Dec 26 | Sep 26 | Jun 26 | Mar 26 | Dec 25 | Sep 25 | Jun 25 | Mar 25 | Dec 24 | Sep 24 | Jun 24 | Mar 24 | Dec 23 | Sep 23 | Jun 23 | Mar 23 | Dec 22 | Sep 22 | Jun 22 | Mar 22 | Dec 21 | Sep 21 | Jun 21 | Mar 21 | Dec 20 | Sep 20 | Jun 20 | Mar 20 | Dec 19 | Sep 19 | |
|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|
| # Analysts | 1 | 1 | 1 | 1 | 1 | 1 | 1 | 1 | 1 | 1 | 1 | 3 | 2 | 1 | 1 | 1 | - | - | - | - | 1 | 1 | 1 | 1 | 14 | 8 | 8 | 10 | 13 | 7 |
| EBITDA | - | - | - | - | - | - | - | - | - | - | - | - | $2.03M | $-3.26B | $-777.00K | $299.00K | $909.00K | $821.00K | $-1.57M | $-1.65M | $-10.05M | $-261.00K | $1.94M | $1.30M | $2.07M | $2.87M | $1.30M | $-1.31M | $-1.22M | $-1.64M |
| Avg Forecast | $1.06M | $1.03M | $983.05K | $931.64K | $922.44K | $891.39K | $855.21K | $821.88K | $795.15K | $776.87K | $751.76K | $-1.38M | $360.40K | $358.91K | $365.13K | $-1.26M | $365.82K | $-189.48K | $365.05K | $-1.14M | $335.89K | $354.48K | $329.81K | $928.57K | $301.52K | $280.55K | $265.70K | $-1.57M | $373.83K | $172.89K |
| High Forecast | $1.06M | $1.03M | $983.05K | $931.64K | $922.44K | $891.39K | $855.21K | $821.88K | $795.15K | $776.87K | $751.76K | $-1.11M | $365.50K | $358.91K | $365.13K | $-1.01M | $365.82K | $-151.59K | $365.05K | $-915.20K | $335.89K | $354.48K | $329.81K | $1.11M | $301.52K | $280.55K | $265.70K | $-1.26M | $373.83K | $172.89K |
| Low Forecast | $1.06M | $1.03M | $983.05K | $931.64K | $922.44K | $891.39K | $855.21K | $821.88K | $795.15K | $776.87K | $751.76K | $-1.66M | $355.19K | $358.91K | $365.13K | $-1.51M | $365.82K | $-227.38K | $365.05K | $-1.37M | $335.89K | $354.48K | $329.81K | $742.86K | $301.52K | $280.55K | $265.70K | $-1.89M | $373.83K | $172.89K |
| Surprise % | - | - | - | - | - | - | - | - | - | - | - | - | 5.64% | -9074.62% | -2.13% | -0.24% | 2.48% | -4.33% | -4.30% | 1.44% | -29.94% | -0.74% | 5.89% | 1.40% | 6.86% | 10.21% | 4.90% | 0.83% | -3.26% | -9.50% |
3 analysts predict PWFL's average Quarter EBITDA for Mar 24 to be $-1.38M, with a high of $-1.11M and a low of $-1.66M. This is -168.06% lower than PowerFleet's previous annual EBITDA (Dec 23) of $2.03M.
PowerFleet Net Income Forecast
| Dec 26 | Sep 26 | Jun 26 | Mar 26 | Dec 25 | Sep 25 | Jun 25 | Mar 25 | Dec 24 | Sep 24 | Jun 24 | Mar 24 | Dec 23 | Sep 23 | Jun 23 | Mar 23 | Dec 22 | Sep 22 | Jun 22 | Mar 22 | Dec 21 | Sep 21 | Jun 21 | Mar 21 | Dec 20 | Sep 20 | Jun 20 | Mar 20 | Dec 19 | Sep 19 | |
|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|
| # Analysts | 1 | 1 | 1 | 1 | 1 | 1 | 1 | 1 | 1 | 1 | 1 | 3 | 2 | 1 | 1 | 1 | - | - | - | - | 1 | 1 | 1 | 1 | 14 | 8 | 8 | 10 | 13 | 7 |
| Net Income | - | - | - | - | - | - | - | - | - | - | - | - | $-3.27M | $-4.97B | $-2.98M | $4.77M | $-1.66M | $-2.30M | $-117.00K | $-2.93M | $-6.71M | $-3.35M | $-1.44M | $-1.79M | $-2.37M | $-590.00K | $-2.63M | $-3.43M | $-4.08M | $-2.10M |
| Avg Forecast | - | - | - | - | $8.75M | $7.35M | $5.61M | $2.77M | $1.05M | $-153.53K | $-1.88M | $-2.84M | $-2.14M | $-2.68M | $-1.79M | $-2.58M | $2.50M | $-2.43M | $-1.74M | $-2.34M | $-496.37K | $1.68M | $744.58K | $-1.28M | $620.50K | $-620.50K | $-2.73M | $-4.11M | $2.38M | $670.12K |
| High Forecast | - | - | - | - | $8.75M | $7.35M | $5.61M | $2.77M | $1.05M | $-153.53K | $-1.88M | $-2.27M | $-2.14M | $-2.68M | $-1.79M | $-2.06M | $2.50M | $-1.94M | $-1.74M | $-1.87M | $-496.37K | $1.68M | $744.58K | $-1.02M | $620.50K | $-620.50K | $-2.73M | $-3.29M | $2.38M | $670.12K |
| Low Forecast | - | - | - | - | $8.75M | $7.35M | $5.61M | $2.77M | $1.05M | $-153.53K | $-1.88M | $-3.40M | $-2.14M | $-2.68M | $-1.79M | $-3.09M | $2.50M | $-2.91M | $-1.74M | $-2.81M | $-496.37K | $1.68M | $744.58K | $-1.53M | $620.50K | $-620.50K | $-2.73M | $-4.93M | $2.38M | $670.12K |
| Surprise % | - | - | - | - | - | - | - | - | - | - | - | - | 1.53% | 1855.21% | 1.67% | -1.85% | -0.66% | 0.95% | 0.07% | 1.25% | 13.53% | -2.00% | -1.93% | 1.40% | -3.81% | 0.95% | 0.96% | 0.83% | -1.71% | -3.13% |
PowerFleet's average Quarter net income forecast for Jun 23 is $-1.79M, with a range of $-1.79M to $-1.79M. PWFL's average Quarter net income forecast represents a -137.44% decrease compared to the company's last Quarter net income of $4.77M (Mar 23).
PowerFleet SG&A Forecast
| Dec 26 | Sep 26 | Jun 26 | Mar 26 | Dec 25 | Sep 25 | Jun 25 | Mar 25 | Dec 24 | Sep 24 | Jun 24 | Mar 24 | Dec 23 | Sep 23 | Jun 23 | Mar 23 | Dec 22 | Sep 22 | Jun 22 | Mar 22 | Dec 21 | Sep 21 | Jun 21 | Mar 21 | Dec 20 | Sep 20 | Jun 20 | Mar 20 | Dec 19 | Sep 19 | |
|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|
| # Analysts | 1 | 1 | 1 | 1 | 1 | 1 | 1 | 1 | 1 | 1 | 1 | 3 | 2 | 1 | 1 | 1 | - | - | - | - | 1 | 1 | 1 | 1 | 14 | 8 | 8 | 10 | 13 | 7 |
| SG&A | - | - | - | - | - | - | - | - | - | - | - | - | $15.62M | $17.99B | $16.99M | $16.79M | $15.61M | $16.66M | $15.82M | $14.91M | $16.11M | $13.96M | $13.42M | $13.61M | $12.97M | $11.64M | $12.17M | $15.10M | $16.45M | $6.32M |
| Avg Forecast | $45.20M | $44.02M | $42.02M | $39.82M | $39.43M | $38.10M | $36.55M | $35.13M | $33.99M | $33.21M | $32.13M | $14.43M | $15.40M | $15.34M | $15.61M | $13.12M | $15.64M | $10.13M | $15.60M | $11.93M | $14.36M | $15.15M | $14.10M | $9.72M | $12.89M | $11.99M | $11.36M | $18.12M | $15.98M | $7.39M |
| High Forecast | $45.20M | $44.02M | $42.02M | $39.82M | $39.43M | $38.10M | $36.55M | $35.13M | $33.99M | $33.21M | $32.13M | $17.32M | $15.62M | $15.34M | $15.61M | $15.75M | $15.64M | $12.16M | $15.60M | $14.32M | $14.36M | $15.15M | $14.10M | $11.66M | $12.89M | $11.99M | $11.36M | $21.75M | $15.98M | $7.39M |
| Low Forecast | $45.20M | $44.02M | $42.02M | $39.82M | $39.43M | $38.10M | $36.55M | $35.13M | $33.99M | $33.21M | $32.13M | $11.55M | $15.18M | $15.34M | $15.61M | $10.50M | $15.64M | $8.11M | $15.60M | $9.54M | $14.36M | $15.15M | $14.10M | $7.78M | $12.89M | $11.99M | $11.36M | $14.50M | $15.98M | $7.39M |
| Surprise % | - | - | - | - | - | - | - | - | - | - | - | - | 1.01% | 1172.52% | 1.09% | 1.28% | 1.00% | 1.64% | 1.01% | 1.25% | 1.12% | 0.92% | 0.95% | 1.40% | 1.01% | 0.97% | 1.07% | 0.83% | 1.03% | 0.86% |
PowerFleet's average Quarter SG&A projection for Mar 24 is $14.43M, based on 3 Wall Street analysts, with a range of $11.55M to $17.32M. The forecast indicates a -7.58% fall compared to PWFL last annual SG&A of $15.62M (Dec 23).
PowerFleet EPS Forecast
| Dec 26 | Sep 26 | Jun 26 | Mar 26 | Dec 25 | Sep 25 | Jun 25 | Mar 25 | Dec 24 | Sep 24 | Jun 24 | Mar 24 | Dec 23 | Sep 23 | Jun 23 | Mar 23 | Dec 22 | Sep 22 | Jun 22 | Mar 22 | Dec 21 | Sep 21 | Jun 21 | Mar 21 | Dec 20 | Sep 20 | Jun 20 | Mar 20 | Dec 19 | Sep 19 | |
|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|
| # Analysts | 1 | 1 | 1 | 1 | 1 | 1 | 1 | 1 | 1 | 1 | 1 | 3 | 2 | 1 | 1 | 1 | - | - | - | - | 1 | 1 | 1 | 1 | 14 | 8 | 8 | 10 | 13 | 7 |
| EPS | - | - | - | - | - | - | - | - | - | - | - | - | $-0.09 | $-0.14 | $-0.08 | $0.11 | $-0.05 | $-0.06 | $-0.00 | $-0.08 | $-0.19 | $-0.10 | $-0.04 | $-0.05 | $-0.08 | $-0.02 | $-0.09 | $-0.12 | $-0.18 | $-0.12 |
| Avg Forecast | - | - | - | - | $0.08 | $0.07 | $0.05 | $0.03 | $0.01 | $-0.00 | $-0.02 | $-0.06 | $-0.02 | $-0.03 | $-0.02 | $0.03 | $0.02 | $-0.00 | $-0.05 | $-0.03 | $-0.01 | $0.04 | $0.02 | $0.02 | $0.02 | $-0.02 | $-0.07 | $-0.03 | $0.06 | $0.02 |
| High Forecast | - | - | - | - | $0.08 | $0.07 | $0.05 | $0.03 | $0.01 | $-0.00 | $-0.02 | $-0.05 | $-0.02 | $-0.03 | $-0.02 | $0.03 | $0.02 | $-0.00 | $-0.05 | $-0.03 | $-0.01 | $0.04 | $0.02 | $0.02 | $0.02 | $-0.02 | $-0.07 | $-0.03 | $0.06 | $0.02 |
| Low Forecast | - | - | - | - | $0.08 | $0.07 | $0.05 | $0.03 | $0.01 | $-0.00 | $-0.02 | $-0.08 | $-0.02 | $-0.03 | $-0.02 | $0.03 | $0.02 | $-0.00 | $-0.05 | $-0.03 | $-0.01 | $0.04 | $0.02 | $0.02 | $0.02 | $-0.02 | $-0.07 | $-0.03 | $0.06 | $0.02 |
| Surprise % | - | - | - | - | - | - | - | - | - | - | - | - | 4.58% | 5.60% | 5.02% | 4.12% | -2.01% | 19.47% | 0.07% | 2.76% | 14.25% | -2.12% | -2.06% | -2.69% | -4.69% | 1.17% | 1.22% | 4.72% | -2.81% | -6.67% |
According to 1 Wall Street analysts, PowerFleet's projected average Quarter EPS for Jun 23 is $-0.02, with a low estimate of $-0.02 and a high estimate of $-0.02. This represents a -115.15% decrease compared to PWFL previous annual EPS of $0.11 (Mar 23).
PowerFleet Peer Comparison by Price Target
| Ticker | Company | Last Closing Price | Avg Price Target | Upside/Downside | Avg Rating |
|---|---|---|---|---|---|
| CASA | Casa Systems | $0.04 | $9.50 | 23650.00% | - |
| DZSI | DZS | $0.70 | $15.67 | 2138.57% | Buy |
| ADTN | ADTRAN | $5.44 | $15.67 | 188.05% | Buy |
| KVHI | KVH Industries | $4.69 | $13.00 | 177.19% | Buy |
| CMTL | Comtech Telecommunications | $3.30 | $9.00 | 172.73% | Hold |
| PWFL | PowerFleet | $4.57 | $9.00 | 96.94% | Buy |
| CLFD | Clearfield | $39.64 | $61.60 | 55.40% | Buy |
| DGII | Digi | $26.60 | $39.80 | 49.62% | Buy |
| EXTR | Extreme Networks | $14.85 | $19.33 | 30.17% | Buy |
| ITI | Iteris | $7.11 | $8.33 | 17.16% | Buy |
PWFL Forecast FAQ
Is PowerFleet a good buy?
Yes, according to 2 Wall Street analysts, PowerFleet (PWFL) is considered a 'Buy'. The rating consensus is based on 0 'Strong Buy' and 2 'Buy' recommendations, accounting for 100.00% of PWFL's total ratings.
What is PWFL's price target?
PowerFleet (PWFL) average price target is $9 with a range of $7 to $10, implying a 88.68% from its last price of $4.77. The data is based on 2 Wall Street analysts who provided a twelve-month price target estimate in the last three months.
Will PowerFleet stock go up soon?
According to Wall Street analysts' prediction for PWFL stock, the company can go up by 88.68% (from the last price of $4.77 to the average price target of $9), up by 109.64% based on the highest stock price target, and up by 46.75% based on the lowest stock price target.
Can PowerFleet stock reach $7?
PWFL's average twelve months analyst stock price target of $9 supports the claim that PowerFleet can reach $7 in the near future.
What are PowerFleet's analysts' financial forecasts?
PowerFleet's analysts financial forecasts for the fiscal year (Dec 2025) are as follows: average revenue is $328.63M (high $328.63M, low $328.63M), average EBITDA is $3.49M (high $3.49M, low $3.49M), average net income is $24.48M (high $24.48M, low $24.48M), average SG&A $149.21M (high $149.21M, low $149.21M), and average EPS is $0.228 (high $0.228, low $0.228). PWFL's analysts financial forecasts for the fiscal year (Dec 2026) are as follows: average revenue is $376.75M (high $376.75M, low $376.75M), average EBITDA is $4M (high $4M, low $4M), average net income is $0 (high $0, low $0), average SG&A $171.06M (high $171.06M, low $171.06M), and average EPS is $0 (high $0, low $0).
Did the PWFL's actual financial results beat the analysts' financial forecasts?
Based on PowerFleet's last annual report (Dec 2022), the company's revenue was $135.16M, which missed the average analysts forecast of $135.57M by -0.30%. Apple's EBITDA was $563K, missing the average prediction of $-603K by -193.43%. The company's net income was $-7.001M, beating the average estimation of $-4.009M by 74.62%. Apple's SG&A was $63M, beating the average forecast of $53.3M by 18.19%. Lastly, the company's EPS was $-0.2, beating the average prediction of $-0.0567 by 252.94%. In terms of the last quarterly report (Dec 2023), PowerFleet's revenue was $34.5M, beating the average analysts' forecast of $33.93M by 1.69%. The company's EBITDA was $2.03M, beating the average prediction of $360.4K by 464.37%. PowerFleet's net income was $-3.272M, beating the average estimation of $-2.143M by 52.70%. The company's SG&A was $15.62M, beating the average forecast of $15.4M by 1.39%. Lastly, the company's EPS was $-0.0916, beating the average prediction of $-0.02 by 358.00%