AIOT
POWERFLEET (AIOT)
NASDAQ
$3.91-$0.005 (-0.13%)
Price as of Jun 23, 2026 7:03 PM EDT
  • $524.6M
    Market Cap
  • -12.72%
    1-Year Change
  • Software - Infrastructure
    Industry

Key Performance

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  • Earnings Score: N/A
  • Momentum Score: 10
  • True Yield: N/A
  • Financial Health Score: N/A
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Latest Research & News

$10.42 Bn Fleet Telematics Market by Vehicle Type, Package Type, Vendor Type, Solution Type, and Region - Global Forecast to 2032

The global fleet telematics market is projected to grow from $10.42 billion in 2025 to $21.95 billion by 2032 at an 11.2% CAGR. The aftermarket segment dominates due to broader compatibility across vehicle types, while advanced telematics packages with predictive maintenance and real-time analytics show the fastest growth. Asia Pacific leads regional growth, driven by China's connectivity infrastructure and government safety mandates. Major players are expanding through partnerships and mergers to offer integrated platforms.

05/27/2026, 10:59 AM • GlobeNewswire

Peers

Statistics

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Day Range
$3.86
$4.14
$3.91
1-Year Range
$2.79
$5.65
$3.91
Latest Close$3.91
Change
-$0.07 (-1.79%)
Volume1,400,112
Market Cap$524.6M
Shares Outstanding134.2M
P/E (TTM)-25.46
Diluted EPS (TTM)-$0.15
Enterprise Value$768.2M

Information as of 06/22/2026

Company Profile

$524.6M
Market Cap
-$20.6M
Net Income
Sector: Technology
Industry: Software - Infrastructure
123 Tice Boulevard, Woodcliff Lake, NJ, United States, 07677
201 996 9000

PowerFleet, Inc. provides artificial intelligence-of-things (AIoT) solutions for managing high-value enterprise and mid-market assets in North America, Israel, Africa, Europe, the Middle East, Australia, and internationally. It offers unity solution portfolio, which includes unity platform that enables integration with AIoT devices and third-party business systems to a data highway that powers artificial intelligence-driven insights to help customers save lives, time, and money; software as a service based unity modules, which comprises vehicle, video, and in-warehouse IoT for customers to gain visibility and AI-powered insights into their people, assets, and business processes to manage utilization and maintenance, safety, fuel and energy management, and compliance and high-risk incidents; and open application programming interfaces for additional integrations and development to enhance other enterprise management systems and third-party applications. The company also provides hosting, maintenance, and customer support and consulting services; and software as a service, such as system monitoring, help desk technical support, escalation procedure development, routine diagnostic data analysis, and software update services. It offers its products under the Powerfleet, Pointer, Cellocator, MiX by Powerfleet, and Fleet Complete brands. The company markets and sells its wireless solutions to a range of customers in the commercial and government sectors, including construction and heavy equipment, distribution, field services, leasing and car rental, government and public safety, manufacturing and automotive, oil and gas, chemical, transportation and logistics, utilities and telecommunications, and cold chain logistics. The company was formerly known as I.D. Systems, Inc. and changed its name to PowerFleet, Inc. in October 2019. PowerFleet, Inc. was incorporated in 1993 and is headquartered in Woodcliff Lake, New Jersey.

Key Executives

  • Steve Towe
  • David Wilson
  • Melissa Ingram
  • Jonathan Bates
  • Offer Lehmann

Current Ownership Distribution

  • Institutions721.2M (92.37%)
  • Mutual Funds55.3M (7.09%)
  • Insiders4.2M (0.54%)
  • Other0 (0.00%)