Added to YB: 2024-10-18
Pitch date: 2024-10-18
AIOT [bullish]
PowerFleet, Inc.
-6.55%
current return
Author Info
@smantel is an ex-sell side analyst with a focus on fundamental research. Follow him on Twitter.
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
$5.65
Price Target
10.00 (+89%)
Dividend
N/A
EV/EBITDA
9.51
P/E
-14.48
EV/Sales
2.02
Sector
Electronic Equipment, Instruments and Components
Category
value
PowerFleet (AIOT): Undervalued IoT Stock with 2x Upside Potential, Barrington Sets $10 Price Target
AIOT: Undervalued IoT co at 2.1x EV/S, 7.2x EV/EBITDA. 78% recurring rev, 20%+ EBITDA margin, 40% FCF conversion. Peers at 4-9x+ EV/S. Cross-selling, AI cameras to boost 10% growth. $10 PT (Barrington), 2x upside in 6-12mo as market recognizes potential.
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