PowerFleet Future Growth

Future criteria checks 5/6

PowerFleet is forecast to grow earnings and revenue by 116.2% and 25.7% per annum respectively while EPS is expected to grow by 119.5% per annum.

Key information

116.2%

Earnings growth rate

119.5%

EPS growth rate

Electronic earnings growth	13.7%
Revenue growth rate	25.7%
Future return on equity	n/a
Analyst coverage	Low
Last updated	01 May 2024

Recent future growth updates

Recent updates

PowerFleet, Inc.'s (NASDAQ:PWFL) 28% Dip In Price Shows Sentiment Is Matching Revenues

Aug 11

PowerFleet Non-GAAP EPS of $0.03 beats by $0.08, revenue of $34.6M beats by $0.24M

Aug 08

PowerFleet, Inc.'s (NASDAQ:PWFL) CEO Compensation Is Looking A Bit Stretched At The Moment

Jul 13

What Is PowerFleet, Inc.'s (NASDAQ:PWFL) Share Price Doing?

May 06

PowerFleet EPS misses by $0.02, revenue in-line

May 05

When Will PowerFleet, Inc. (NASDAQ:PWFL) Breakeven?

Apr 06

An Intrinsic Calculation For PowerFleet, Inc. (NASDAQ:PWFL) Suggests It's 20% Undervalued

Mar 16

Can You Imagine How PowerFleet's (NASDAQ:PWFL) Shareholders Feel About The 77% Share Price Increase?

Feb 23

Earnings and Revenue Growth Forecasts

NasdaqGM:PWFL - Analysts future estimates and past financials data (USD Millions)
Date	Revenue	Earnings	Free Cash Flow	Cash from Op	Avg. No. Analysts
3/31/2026	321	33	19	49	3
3/31/2025	292	-9	-11	19	3
3/31/2024	285	-13	-22	-9	2
12/31/2023	134	-10	-3	5	N/A
9/30/2023	132	-9	-5	2	N/A
6/30/2023	132	-7	-3	5	N/A
3/31/2023	135	-4	-2	5	N/A
12/31/2022	135	-12	-5	1	N/A
9/30/2022	136	-17	-10	-5	N/A
6/30/2022	131	-18	-15	-11	N/A
3/31/2022	130	-19	-11	-8	N/A
12/31/2021	126	-18	-8	-5	N/A
9/30/2021	121	-14	-1	2	N/A
6/30/2021	120	-11	4	8	N/A
3/31/2021	112	-12	3	7	N/A
12/31/2020	114	-14	5	9	N/A
9/30/2020	119	-15	0	2	N/A
6/30/2020	109	-16	-2	-1	N/A
3/31/2020	99	-14	-4	-3	N/A
12/31/2019	82	-12	-8	-7	N/A
9/30/2019	58	-10	-6	-6	N/A
6/30/2019	55	-8	-1	-1	N/A
3/31/2019	53	-7	-2	-1	N/A
12/31/2018	53	-6	-2	-2	N/A
9/30/2018	53	-4	0	0	N/A
6/30/2018	50	-4	-5	-5	N/A
3/31/2018	46	-3	-1	0	N/A
12/31/2017	41	-4	4	4	N/A
9/30/2017	39	-5	N/A	3	N/A
6/30/2017	36	-7	N/A	3	N/A
3/31/2017	34	-8	N/A	0	N/A
12/31/2016	37	-6	N/A	-2	N/A
9/30/2016	38	-5	N/A	-1	N/A
6/30/2016	40	-5	N/A	0	N/A
3/31/2016	41	-7	N/A	-5	N/A
12/31/2015	42	-10	N/A	-7	N/A
9/30/2015	44	-14	N/A	-6	N/A
6/30/2015	46	-14	N/A	-8	N/A
3/31/2015	47	-13	N/A	-2	N/A
12/31/2014	46	-12	N/A	0	N/A
9/30/2014	44	-10	N/A	-1	N/A
6/30/2014	44	-8	N/A	0	N/A
3/31/2014	42	-8	N/A	-2	N/A
12/31/2013	40	-7	N/A	-1	N/A
9/30/2013	39	-5	N/A	-5	N/A
6/30/2013	44	-3	N/A	-6	N/A

Analyst Future Growth Forecasts

Earnings vs Savings Rate: PWFL is forecast to become profitable over the next 3 years, which is considered faster growth than the savings rate (2.4%).

Earnings vs Market: PWFL is forecast to become profitable over the next 3 years, which is considered above average market growth.

High Growth Earnings: PWFL is expected to become profitable in the next 3 years.

Revenue vs Market: PWFL's revenue (25.7% per year) is forecast to grow faster than the US market (8.2% per year).

High Growth Revenue: PWFL's revenue (25.7% per year) is forecast to grow faster than 20% per year.

Earnings per Share Growth Forecasts

Future Return on Equity

Future ROE: Insufficient data to determine if PWFL's Return on Equity is forecast to be high in 3 years time

PowerFleet Future Growth

Future criteria checks 5/6

Key information

Recent future growth updates

Price target increased by 27% to US$8.25

Consensus EPS estimates fall by 44%

Consensus EPS estimates upgraded to US$0.083 loss, revenue downgraded

No longer forecast to breakeven

Forecast to breakeven in 2024

Forecast to breakeven in 2024

Recent updates

PowerFleet, Inc. Appoints Andrew Martin to Board of Directors

PowerFleet Receives Written Notice from Nasdaq Regarding Non-Compliance with Nasdaq Listing Rule 5250(c)(1)

PowerFleet Receives Written Notice from Nasdaq Regarding Non-Compliance with Nasdaq Listing Rule 5250(c)(1)

PowerFleet, Inc. (NasdaqGM:PWFL) executed Memorandum of Understanding to acquire MiX Telematics Limited (JSE:MIX) from ABRY Senior Equity V, L.P. and ABRY Senior Equity VI, L.P., managed by ABRY Partners, LLC and others.

MiX Telematics Limited (JSE:MIX) completed the acquisition of PowerFleet, Inc. (NasdaqGM:PWFL) from ABRY Senior Equity V, L.P. and ABRY Senior Equity VI, L.P., managed by ABRY Partners, LLC and others in a reverse merger transaction.

Powerfleet, Inc. Announces Board Changes

PowerFleet, Inc. announced delayed annual 10-K filing

Price target increased by 27% to US$8.25

New major risk - Revenue and earnings growth

PowerFleet, Inc. to Report Q4, 2023 Results on Mar 12, 2024

Powerfleet, Inc. Launches AI-Powered Solution to Revolutionize Pedestrian Safety

PowerFleet, Inc. announced delayed 10-Q filing

Third quarter 2023 earnings: Revenues exceed analysts expectations while EPS lags behind

PowerFleet, Inc. to Report Q3, 2023 Results on Nov 09, 2023

MiX Telematics Limited (JSE:MIX) entered into a definitive agreement to acquire PowerFleet, Inc. (NasdaqGM:PWFL) for $18.7 million in a reverse merger transaction.

PowerFleet, Inc. announced delayed 10-Q filing

PowerFleet, Inc.'s (NASDAQ:PWFL) 28% Dip In Price Shows Sentiment Is Matching Revenues

Second quarter 2023 earnings: EPS and revenues miss analyst expectations

PowerFleet, Inc. to Report Q2, 2023 Results on Aug 08, 2023

Consensus EPS estimates fall by 44%

PowerFleet, Inc. Elects Nani Maoz as Director

New minor risk - Market cap size

Is PowerFleet (NASDAQ:PWFL) A Risky Investment?

New minor risk - Shareholder dilution

PowerFleet, Inc., Annual General Meeting, Jul 20, 2023

Consensus EPS estimates upgraded to US$0.083 loss, revenue downgraded

No longer forecast to breakeven

First quarter 2023 earnings: EPS exceeds analyst expectations while revenues lag behind

PowerFleet (NASDAQ:PWFL) Is Making Moderate Use Of Debt

Full year 2022 earnings: EPS misses analyst expectations

PowerFleet, Inc. to Report Q4, 2022 Results on Mar 09, 2023

Powerfleet Appoints David Wilson as Chief Financial Officer

PowerFleet, Inc. Launches Powerfleet Unity

Independent Director recently bought US$59k worth of stock

Forecast to breakeven in 2024

Powerfleet, Inc. Appoints Offer Lehmann as Chief Operating Officer

Forecast to breakeven in 2024

PowerFleet, Inc. Appoints Elchanan (Nani) Maoz to Board of Directors

PowerFleet, Inc. to Report Q3, 2022 Results on Nov 08, 2022

PowerFleet, Inc. Declares First Interim Dividend for the Financial Year Ending 31 December 2022, Payable on 29 Sep. 2022

Does PowerFleet (NASDAQ:PWFL) Have A Healthy Balance Sheet?

Second quarter 2022 earnings: EPS exceeds analyst expectations

PowerFleet Non-GAAP EPS of $0.03 beats by $0.08, revenue of $34.6M beats by $0.24M

PowerFleet, Inc. to Report Q2, 2022 Results on Aug 03, 2022

Powerfleet, Inc. Announces Retirement of Mr. David Mahlab from the Board

PowerFleet, Inc., Annual General Meeting, Jul 19, 2022

Consensus forecasts updated

No longer forecast to breakeven

Price target decreased to US$9.00

PowerFleet, Inc. Appoints Patrick Maley as Chief Revenue Officer

PowerFleet, Inc. Appoints Jim Zeitunian as Chief Technology Officer

PowerFleet, Inc. Announces Resignation of Ned Mavrommatis as Chief Financial Officer, Effective May 15, 2022

CEO & Director recently bought US$100k worth of stock

Consensus EPS estimates fall by 269%

Full year 2021 earnings: EPS and revenues exceed analyst expectations

Price target decreased to US$9.50

PowerFleet, Inc. to Report Q4, 2021 Results on Mar 09, 2022

Third quarter 2021 earnings released: US$0.13 loss per share (vs US$0.058 loss in 3Q 2020)

Consensus forecasts updated

Second quarter 2021 earnings released: US$0.075 loss per share (vs US$0.13 loss in 2Q 2020)

PowerFleet, Inc.'s (NASDAQ:PWFL) CEO Compensation Is Looking A Bit Stretched At The Moment

PowerFleet, Inc.(NasdaqGM:PWFL) dropped from Russell 3000E Value Index

Powerfleet Launches Vista, an Advanced Vehicle Video Solution with Ai Capabilities

CEO & Director recently bought US$17k worth of stock

Consensus forecasts updated

What Is PowerFleet, Inc.'s (NASDAQ:PWFL) Share Price Doing?

First quarter 2021 earnings released: US$0.09 loss per share (vs US$0.16 loss in 1Q 2020)

PowerFleet EPS misses by $0.02, revenue in-line

When Will PowerFleet, Inc. (NASDAQ:PWFL) Breakeven?