PowerFleet Shares Surge Following Impressive Quarterly Performance

PowerFleet has demonstrated substantial operational momentum with its second-quarter results for fiscal year 2026, reporting a robust 7% revenue increase compared to the previous quarter. This significant growth has returned the company to investor focus. Management is scheduled to host a conference call today at 2:30 PM CET to elaborate on the financial details covering the period ended September 30.

The analyst community has responded with sharply contrasting opinions, highlighting a deeply divided outlook on the company’s prospects.

• Barrington Research has reaffirmed its “Outperform” rating, maintaining a price target of $15.
• In a notable shift, Zacks Research upgraded its stance from “Strong Sell” to “Hold.”
• Conversely, Wall Read more...