Roth sees ‘significant upside’ to Powerfleet shares after earnings

Roth MKM says Powerfleet (AIOT) reported a solid December quarter beat and fiscal 2025 guidance raise. Following the Fleet Complete acquisition, new logos and upsell opportunities with Unity, warehouse, and artificial intelligence cameras provide a path to 10%-plus annual software-as-a-service and more direct comparisons to Samsara (IOT), the analyst tells investors in a research note. Roth believes that with comparisons to Samsara becoming more relevant, it sees “significant upside” to PowerFleet shares. PowerFleet remains a top pick with a Buy rating and $13 price target.