PowerFleet, Inc. (AIOT)

In the past six months, PowerFleet's stock has been impacted by its financial performance and strategic initiatives. The company reported its Q2 2026 earnings on November 10, 2025, with total revenue of $111.7 million, a 45% increase year-over-year. For Q3 2026, total revenue increased 7% year-over-year to a record $113.5 million. PowerFleet also revised its earnings guidance for the full year 2026, increasing its revenue expectations to a range of $435 million to $445 million. The company's stock price as of April 28, 2026, was $3.09 per share.

Information regarding the specific demand seasonality for PowerFleet, Inc.'s products and services is not available.

PowerFleet, Inc. is an American company headquartered in Woodcliff Lake, New Jersey, and operates as a global provider of Artificial Intelligence of Things (AIoT) and Machine-to-Machine (M2M) solutions. The company specializes in securing, controlling, and tracking high-value enterprise assets, operating within the Technology sector. PowerFleet's major products and services include a technology suite that delivers telematics, asset tracking, freight visibility, and driver behavior monitoring. Their core offering is the Unity platform, a cloud-based AIoT platform that ingests, harmonizes, and integrates data from various sources. The company also provides a range of hardware devices and recently launched Vision 360 Plus, an AI-powered video multi-camera 360° coverage solution.

PowerFleet has a significant global presence with its headquarters in Woodcliff Lake, New Jersey, and offices around the globe, including a technology innovation center in Israel. The company operates with over 130 partners and has a physical presence in more than 120 countries. PowerFleet is recognized as a key player across multiple continents, including Europe and the Americas, and is ranked among the top five largest providers in the Latin American market.

PowerFleet's brand reputation has been positively influenced by strategic partnerships and product innovation. Powerfleet launched Vision 360 Plus in partnership with TELUS to amplify North American growth. Powerfleet announced a partnership with MTN Business to scale AIoT adoption across extensive enterprise operations. The company also secured a major South African public sector contract for AI video and visibility recurring services on over 100,000 assets.

PowerFleet has a diverse ownership structure, including institutional, retail, and individual investors. As of May 4, 2026, there are 189 institutional owners and shareholders holding a total of 116,949,525 shares, including BlackRock, Inc. and Vanguard Group Inc. Cannell Capital LLC is the largest individual Powerfleet shareholder, owning 6.83 million shares representing 5.09% of the company.