PowerFleet Positions Itself as a Leading AIoT Provider with the Fleet Complete Acquisition – Roth MKM Sees 70% Chance!

PowerFleet leverages data and AI to make industrial operations more efficient. The addressable market potential is expected to nearly double to $120 billion by 2026. The integration process of the acquired Fleet Complete is in full swing, creating not only synergy effects but also new up-selling opportunities. Roth MKM sees a "top pick" with an upside potential of around 70%. PowerFleet is valued at a P/S ratio of 3, making it a cheap competitor to Samsara (P/S ratio of 25). The stock reacted with a price increase of 30% on the reporting...