Core Insights - PowerFleet, Inc. AIOT is set to release its fourth-quarter financial results on June 16, with analysts expecting earnings of 4 cents per share, a significant improvement from a loss of 55 cents per share a year ago [1] - The company projects quarterly revenue of $103.81 million, compared to $33.74 million in the same quarter last year [1] Financial Projections - PowerFleet anticipates total revenue of $362.5 million for FY25 and expects revenue growth of 20% to 25% for FY26 [2] - The company's shares experienced a slight decline of 0.2%, closing at $4.74 [2] Analyst Ratings - Lake Street analyst Jaeson Schmidt maintained a Buy rating but reduced the price target from $11 to $8 [5] - Barrington Research analyst Gary Prestopino kept an Outperform rating with a price target of $15 [5] - Raymond James analyst Alexander Sklar maintained an Outperform rating and lowered the price target from $10 to $8 [5]
PowerFleet Gears Up For Q4 Print; Here Are The Recent Forecast Changes From Wall Street's Most Accurate Analysts