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    PowerFleet Inc.

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    $PWFL
    Telecommunications Equipment
    Telecommunications

    PowerFleet, Inc. provides wireless Internet-of-Things and machine-to-machine solutions in the United States, Israel, and internationally. The company offers industrial solutions, such as on-premise or in-facility asset and operator management, monitoring, and visibility for industrial trucks, such as forklifts, man-lifts, tuggers, and ground support equipment at airports. It also provides logistic solutions, including bumper-to-bumper asset management, monitoring, and visibility for heavy trucks, dry-van trailers, refrigerated trailers, shipping containers, etc., as well as associated cargos; and mobile-asset tracking and condition-monitoring solutions. In addition, the company offers vehicle solutions to enhance the vehicle fleet management process. Further, it provides hosting, maintenance, and support and consulting services; and Software as a Service, including system monitoring, help desk technical support, escalation procedure development, routine diagnostic data analysis, and software updates services. The company offers its products under the PowerFleet, Pointer, and Cellocator brands. It sells its products to commercial and government sectors in automotive manufacturing, retail, food and grocery distribution, pharmaceutical and medical distribution, logistics, shipping, freight transportation, heavy industry, wholesale distribution, manufacturing, aerospace and defense, homeland security, and vehicle rental markets, as well as through indirect sales channels, such as original equipment manufacturers, vehicle importers, distributors, and industrial equipment dealers. The company was formerly known as I.D. Systems, Inc. PowerFleet, Inc. was incorporated in 1993 and is headquartered in Woodcliff Lake, New Jersey.

    IPO Year:

    Exchange: NASDAQ

    Website: powerfleet.com

    Recent Analyst Ratings for PowerFleet Inc.

    DatePrice TargetRatingAnalyst
    4/3/2024Outperform
    William Blair
    4/2/2024$7.00Outperform
    Raymond James
    3/18/2024$7.00Outperform
    Northland Capital
    3/15/2024$9.00Buy
    Craig Hallum
    5/10/2022Outperform → Mkt Perform
    Barrington Research
    3/10/2022$12.00 → $9.00Buy
    Canaccord Genuity
    See more ratings