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Added to YB: 2024-10-04

Pitch date: 2024-10-02

AIOT [neutral]

PowerFleet, Inc.

+10.92%

current return

Author Info

Pernas Research is a former CIO of a $3.5B fund that now share actionable stock research. Sign up for the newsletter.

Company Info

PowerFleet, Inc. provides artificial intelligence-of-things (AIoT) solutions in North America, Israel, Africa, Europe, the Middle East, Australia, and internationally.

Market Cap

$598.8M

Pitch Price

$4.67

Price Target

N/A

Dividend

N/A

EV/EBITDA

9.51

P/E

-14.48

EV/Sales

2.02

Sector

Electronic Equipment, Instruments and Components

Category

N/A

Show full summary:
Pernas Research Passes On: PowerFleet, Inc.

AIOT pass: IoT for industrial, logistics, fleet mgmt. 60%+ rev from Israel/SA. Faces competition from Samsara, Geotab & OEM-built telematics w/ APIs. Mrkt cap $536mm, EV/EBITDA 110. Growth challenges due to OEM solutions & geographic concentration.

Read full article (1 min)