On June 14, 2022, Powerfleet hosted its first Investor Day. The event featured presentations from the executive team who shared details on Powerfleet’s enhanced vision, growth drivers, go-to-market strategy, software roadmap, and target financial model.
The presentation received a positive response from the analyst community. Below is a summary of what analysts had to say.
ROTH Capital Partners – Rating: Buy
Underappreciated Emerging Data & Analytics Vendor Targeting Profitable Growth
We come away from Powerfleet’s virtual analyst day impressed.
Canaccord Genuity – Rating: Buy
Analyst Day highlights strong long-term growth opportunities with expanding margins
We attended Powerfleet’s virtual analyst day and were impressed with the new management team and their vision to transform the company into a global SaaS leader with mission critical insights focused on leading industries such as logistics, Industrial, Fleet, and connected car solutions.
Lake Street Capital Markets – Rating: Buy
Recap From Investor Day; Reiterate Buy Rating
“Yesterday, we attended Powerfleet’s inaugural Investor Day in New York. The Company laid out financial targets, its competitive differentiation within its software platform, data evolution, and potential margin and cost improvements. We think management did a solid job outlining the significant growth opportunity the Company has across numerous markets and applications.”
Barrington Research – Rating: Market Perform
Key Highlights of PWFL’s Investor Day in New York City
PWFL is making all of the right strategic moves to return to consistent growth and profitability through the development of a SaaS and AI platform with mission critical software to provide increased visibility across supply chains. We are awaiting a turn in the company’s fortunes as the new strategic plan takes hold and begins to generate consistent sales growth with positive adjusted EBITDA generation.
Powerfleet Investor Day 2022
June 14, 2022, 11:30 AM ET