PowerFleet Inc (NASDAQ:AIOT) price on Thursday, July 03, fall -0.46% below its previous day’s close as a downside momentum from buyers pushed the stock’s value to $4.34.
A look at the stock’s price movement, the close in the last trading session was $4.36, moving within a range at $4.33 and $4.425. The beta value (5-Year monthly) was 1.35. Turning to its 52-week performance, $8.71 and $3.70 were the 52-week high and 52-week low respectively. Overall, AIOT moved -8.82% over the past month.
PowerFleet Inc’s market cap currently stands at around $578.83 million, with investors looking forward to this quarter’s earnings report slated for on 2025-Jun-16.
Analysts have a consensus estimate of 103.18M for the company’s revenue for the quarter, with a low and high estimate of 102.2M and 104.05M respectively. The average forecast suggests up to a 36.79% growth in sales growth compared to quarterly growth in the same period last fiscal year. Wall Street analysts have also projected the company’s year-on-year revenue to grow to 430.02M, representing a 18.62% jump on that reported in the last financial year.
Turning to the stock’s technical picture we see that short term indicators suggest on average that AIOT is a 100% Sell. On the other hand, the stock is on average a 100% Sell as suggested by medium term indicators while long term indicators are putting the stock in 100% Sell category.
AIOT’s current price about -5.05% and -12.32% off the 20-day and 50-day simple moving averages respectively. The Relative Strength Index (RSI, 14) currently prints 40.53, while 7-day volatility ratio is 4.42% and 4.94% in the 30-day chart. Further, PowerFleet Inc (AIOT) has a beta value of 1.35. Analysts have given the company’s stock an average 52-week price target of $8, forecast between a low of $8 and high of $8. Looking at the price targets, the low is -84.33% off current price level while to achieve the yearly target high, price needs to move -84.33%. Nonetheless, investors will most likely welcome a -84.33% jump to $8 which is the analysts’ median price.
If we refocus on PowerFleet Inc (NASDAQ:AIOT), historical trading data shows that trading volumes averaged 2.49 over the past 10 days and 2.07 million over the past 3 months. The company’s latest data on shares outstanding shows there are 133.32 million shares.
The 7.30% of PowerFleet Inc’s shares are in the hands of company insiders while institutional holders own 79.37% of the company’s shares. Also important is the data on short interest which shows that short shares stood at 12.24 million on 2025-06-13, giving us a short ratio of 5.85. The data shows that as of 2025-06-13 short interest in PowerFleet Inc (AIOT) stood at 979.0000000000001 of shares outstanding, with shares short rising to 11.58 million registered in 2025-05-15. Current price change has pushed the stock -10.52% YTD, which shows the potential for further growth is there. It is this reason that could see investor optimism for the AIOT stock continues to rise going into the next quarter.
