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NASDAQ: PWFL
Powerfleet Inc Stock Forecast, Predictions & Price Target

Analyst price target for PWFL

Based on 5 analysts offering 12 month price targets for Powerfleet Inc.
Min Forecast
$7.00+55.56%
Avg Forecast
$8.60+91.11%
Max Forecast
$10.00+122.22%

Should I buy or sell PWFL stock?

Based on 5 analysts offering ratings for Powerfleet Inc.
Strong Buy
Strong Buy
2 analysts 40%
Buy
3 analysts 60%
Hold
0 analysts 0%
Sell
0 analysts 0%
Strong Sell
0 analysts 0%

Be the first to know when Wall Street analysts revise their PWFL stock forecasts and price targets.

PWFL stock forecasts by analyst

Analyst / FirmRatingActionPrice TargetUpside/DownsideDateAnalyst Color
lockedlocked$00.00+00.00%2024-04-30
lockedlocked$00.00+00.00%2024-04-02
lockedlocked$00.00+00.00%2024-03-18
lockedlocked$00.00+00.00%2024-03-15
lockedlocked$00.00+00.00%2024-03-13Find Out Why
Canaccord Genuity
Top 4%
97
Strong BuyMaintains$10.00+122.22%2024-03-13Find out why

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Forecast return on equity

Is PWFL forecast to generate an efficient return?
Company
102.61%
Industry
117.34%
Market
42.69%
PWFL's Return on Equity is... subscribe to Premium to read more.
Forecast High Return on Equity Forecast

Forecast return on assets

Is PWFL forecast to generate an efficient return on assets?
Company
27.12%
Industry
9.39%
PWFL is forecast to generate... subscribe to Premium to read more.
Forecast Return on Assets vs Industry Forecast

PWFL earnings per share forecast

What is PWFL's earnings per share in the next 2 years based on estimates from 1 analyst?
Avg 1 year Forecast
$0.12
Avg 2 year Forecast
$0.55

PWFL revenue forecast

What is PWFL's revenue in the next 2 years based on estimates from 2 analysts?
Avg 1 year Forecast
$252.2M+88.58%
Avg 2 year Forecast
$312.9M+133.93%
PWFL's revenue is forecast to... subscribe to Premium to read more.
Forecast High Revenue Growth Forecast

PWFL revenue growth forecast

How is PWFL forecast to perform vs Communication Equipment companies and vs the US market?
Company
88.58%
Industry
0.25%
Market
12.06%
PWFL's revenues are forecast to... subscribe to Premium to read more.
Forecast Revenue Growth vs Industry Forecast
PWFL's revenues are forecast to... subscribe to Premium to read more.
Forecast Revenue Growth vs Market Forecast

PWFL vs Communication Equipment Stocks

TickerPricePrice TargetUp/downsideConsensus
PWFL$4.50$8.60+91.11%Strong Buy
ITRN$26.18N/AN/A
NTGR$14.84$13.00-12.40%Hold
ADTN$5.12$7.75+51.37%Buy
CLFD$39.46$44.50+12.77%Strong Buy

Powerfleet Stock Forecast FAQ

Is Powerfleet Stock a good buy in 2024, according to Wall Street analysts?

The consensus among 5 Wall Street analysts covering (NASDAQ: PWFL) stock is to Strong Buy PWFL stock.

Out of 5 analysts, 2 (40%) are recommending PWFL as a Strong Buy, 3 (60%) are recommending PWFL as a Buy, 0 (0%) are recommending PWFL as a Hold, 0 (0%) are recommending PWFL as a Sell, and 0 (0%) are recommending PWFL as a Strong Sell.

If you're new to stock investing, here's how to buy Powerfleet stock.

What is PWFL's earnings growth forecast for 2024-2025?

(NASDAQ: PWFL) Powerfleet's forecast annual earnings growth rate of N/A is not forecast to beat the US Communication Equipment industry's average forecast earnings growth rate of 26.65%, and while it is not forecast to beat the US market's average forecast earnings growth rate of 34.88%.

Powerfleet's earnings in 2024 is -$17,307,000.On average, 1 Wall Street analyst forecast PWFL's earnings for 2024 to be $12,881,998, with the lowest PWFL earnings forecast at $12,881,998, and the highest PWFL earnings forecast at $12,881,998.

In 2025, PWFL is forecast to generate $59,042,493 in earnings, with the lowest earnings forecast at $59,042,493 and the highest earnings forecast at $59,042,493.

What is PWFL's revenue growth forecast for 2024-2025?

(NASDAQ: PWFL) Powerfleet's forecast annual revenue growth rate of 88.58% is forecast to beat the US Communication Equipment industry's average forecast revenue growth rate of 0.25%, and it is also forecast to beat the US market's average forecast revenue growth rate of 12.06%.

Powerfleet's revenue in 2024 is $133,736,000.On average, 2 Wall Street analysts forecast PWFL's revenue for 2024 to be $27,073,666,721, with the lowest PWFL revenue forecast at $26,332,951,811, and the highest PWFL revenue forecast at $27,814,381,632.

In 2025, PWFL is forecast to generate $33,584,443,433 in revenue, with the lowest revenue forecast at $31,829,271,146 and the highest revenue forecast at $35,339,615,720.

What is PWFL's forecast return on assets (ROA) for 2024-2025?

(NASDAQ: PWFL) forecast ROA is 27.12%, which is higher than the forecast US Communication Equipment industry average of 9.39%.

What is PWFL's Price Target?

According to 5 Wall Street analysts that have issued a 1 year PWFL price target, the average PWFL price target is $8.60, with the highest PWFL stock price forecast at $10.00 and the lowest PWFL stock price forecast at $7.00.

On average, Wall Street analysts predict that Powerfleet's share price could reach $8.60 by Apr 30, 2025. The average Powerfleet stock price prediction forecasts a potential upside of 91.11% from the current PWFL share price of $4.50.

What is PWFL's Earnings Per Share (EPS) forecast for 2024-2025?

(NASDAQ: PWFL) Powerfleet's current Earnings Per Share (EPS) is -$0.49. On average, analysts forecast that PWFL's EPS will be $0.12 for 2024, with the lowest EPS forecast at $0.12, and the highest EPS forecast at $0.12. In 2025, PWFL's EPS is forecast to hit $0.55 (min: $0.55, max: $0.55).

What is PWFL's forecast return on equity (ROE) for 2024-2025?

(NASDAQ: PWFL) forecast ROE is 102.61%, which is considered strong.
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