AIOT
PowerFleet, Inc.
AIOT's outlook is improving, though it still trails on the overall score.
MU
Micron Technology, Inc.
MU has the edge over AIOT overall, supported by stronger valuation and stronger modeled upside.
AIOT Fundamentals
| Metric | Status |
|---|---|
| Stable | |
| Stable | |
| Stable | |
| Weak |
AIOT's revenue, profitability and cash flow are currently stable, but its balance sheet is weak.
MU Fundamentals
| Metric | Status |
|---|---|
| Strong | |
| Strong | |
| Strong | |
| Strong |
MU's revenue, profitability, cash flow and balance sheet are all currently strong.
AIOT PE Valuation
AIOT has no meaningful PE right now: it lost money over the past year. If it returns to profit as analysts expect, today's price would be 34x next year's earnings.
MU PE Valuation
| Level | PE | Price | Vs current |
|---|---|---|---|
| Forward | 4.6x | $798 | — |
| Cheap | 10x | $777 | -2.7% |
| Current | 11x | $798 | — |
| Fair | 22x | $1,646 | +106% |
| Expensive | 32x | $2,404 | +201% |
Historical ranges are pointers, not guarantees.
MU's PE is in its cheap range at 11x. If earnings grow as analysts expect, today's price would be 4.6x next year's earnings.
AIOT Forward outlook
| Metric | Outlook |
|---|---|
| -- | |
| Returning to profit | |
| Growth | |
| Strongly improving | |
| Limited | |
| Low |
Analysts expect AIOT to return to profit, with revenue growing. However, they disagree widely on these estimates.
MU Forward outlook
| Metric | Outlook |
|---|---|
| Strongly improving | |
| Strong growth | |
| Strong growth | |
| Strongly improving | |
| Broad | |
| Moderate |
Analysts expect strong earnings and revenue growth for MU, with profitability improving.
AIOT Earnings Per Share
| Quarter | TTM EPS | YoY |
|---|---|---|
| Forward | $0.07 | — |
| Q3 2026 | -$0.15 | +$0.16 |
| Q2 2026 | -$0.13 | +$0.17 |
| Q1 2026 | -$0.15 | +$0.28 |
| Q4 2025 | -$0.23 | +$0.66 |
| Q3 2025 | -$0.31 | +$0.65 |
| Q2 2025 | -$0.30 | +$0.78 |
| Q1 2025 | -$0.43 | +$0.56 |
| Q4 2024 | -$0.89 | -$0.56 |
AIOT is still losing money, but far less than before: $0.15 per share over the past year, against $1.08 at its worst in mid-2024.
MU Earnings Per Share
| Quarter | TTM EPS | YoY |
|---|---|---|
| Forward | $174.95 | +135% |
| Q3 2026 | $74.33 | +879% |
| Q2 2026 | $44.17 | +693% |
| Q1 2026 | $21.18 | +405% |
| Q4 2025 | $10.52 | +201% |
| Q3 2025 | $7.59 | +984% |
| Q2 2025 | $5.57 | +$6.99 |
| Q1 2025 | $4.19 | +$7.64 |
| Q4 2024 | $3.49 | +$9.77 |
MU has the edge over AIOT on earnings quality, reporting a profit while its opponent remains loss making.
AIOT Quarterly Revenue
| Quarter | Revenue | YoY |
|---|---|---|
| Q3 2026 | $115.7M | +3.6% |
| Q2 2026 | $110.8M | +6.4% |
| Q1 2026 | $114.5M | +10% |
| Q4 2025 | $113.5M | +6.6% |
| Q3 2025 | $111.7M | +45% |
| Q2 2025 | $104.1M | +38% |
| Q1 2025 | $103.6M | +207% |
| Q4 2024 | $106.4M | +208% |
AIOT's revenue has grown year over year for 12 quarters in a row: $116M last quarter, up 3.6% from the same quarter a year ago.
| Quarter | Margin | YoY |
|---|---|---|
| Q3 2026 | 1.2% | -2.6 points |
| Q2 2026 | 0.2% | +2.2 points |
| Q1 2026 | 9.6% | +16 points |
| Q4 2025 | 5.6% | +6.8 points |
| Q3 2025 | 3.8% | +3.1 points |
| Q2 2025 | -2% | +22 points |
| Q1 2025 | -6.7% | +16 points |
| Q4 2024 | -1.2% | +10 points |
AIOT's operating margin was 1.2% last quarter, down 2.6 points from the same quarter a year ago.
MU Quarterly Revenue
| Quarter | Revenue | YoY |
|---|---|---|
| Q3 2026 | $54.2B | +379% |
| Q2 2026 | $41.5B | +346% |
| Q1 2026 | $23.9B | +196% |
| Q4 2025 | $13.6B | +57% |
| Q3 2025 | $11.3B | +46% |
| Q2 2025 | $9.3B | +37% |
| Q1 2025 | $8.1B | +38% |
| Q4 2024 | $8.7B | +84% |
MU has the edge over AIOT on sales, with stronger typical year-over-year growth.
| Quarter | Margin | YoY |
|---|---|---|
| Q3 2026 | 81% | +48 points |
| Q2 2026 | 80% | +57 points |
| Q1 2026 | 68% | +46 points |
| Q4 2025 | 45% | +20 points |
| Q3 2025 | 32% | +13 points |
| Q2 2025 | 23% | +13 points |
| Q1 2025 | 22% | +19 points |
| Q4 2024 | 25% | +49 points |
MU has the edge over AIOT on profitability, with a higher operating margin.
AIOT Free Cash Flow
| Quarter | Free cash flow | YoY |
|---|---|---|
| Q3 2026 | -$11.3M | -1058% |
| Q2 2026 | $3.6M | +$7M |
| Q1 2026 | $6.1M | -40% |
| Q4 2025 | $4.9M | +$17.2M |
| Q3 2025 | $1.2M | +$9.2M |
| Q2 2025 | -$3.4M | +$9.8M |
| Q1 2025 | $10.1M | +$11.7M |
| Q4 2024 | -$12.2M | -423% |
AIOT's free cash flow has turned positive after four years mostly in the red: $3M over the past year.
MU Free Cash Flow
| Quarter | Free cash flow | YoY |
|---|---|---|
| Q3 2026 | $32.9B | +45543% |
| Q2 2026 | $17.6B | +951% |
| Q1 2026 | $5.5B | +$5.6B |
| Q4 2025 | $3B | +7853% |
| Q3 2025 | $72M | -75% |
| Q2 2025 | $1.7B | +322% |
| Q1 2025 | -$113M | +$52M |
| Q4 2024 | $38M | +$433M |
MU has the edge over AIOT on cash flow, with more consistent year-over-year improvement.
AIOT Total Shares
| Period | Change % | Net change |
|---|---|---|
| Quarterly | +0.2% | +275K shares |
| 1 year | +0.6% | +768K shares |
| 3 years | +280% | +99M shares |
| 5 years | +363% | +105M shares |
AIOT has the edge over MU on shareholder dilution, with a more favorable share count trend.
| Quarter | Spent |
|---|---|
| Q1 2026 | — |
| Q4 2025 | — |
| Q3 2025 | — |
| Q2 2025 | — |
| Q1 2025 | — |
| Q4 2024 | — |
| Q1 2020 | $232,000 |
| Q4 2019 | $26,000 |
MU Total Shares
| Period | Change % | Net change |
|---|---|---|
| Quarterly | -0.2% | -2M shares |
| 1 year | +1.6% | +18M shares |
| 3 years | +4.6% | +50M shares |
| 5 years | +0.2% | +2M shares |
| Available history | +1.2% | +14M shares |
MU has 1.1B diluted shares, up 1.6% from a year ago.
| Quarter | Spent |
|---|---|
| Q3 2026 | — |
| Q2 2026 | — |
| Q1 2026 | $350M |
| Q4 2025 | $300M |
| Q3 2024 | $300M |
| Q2 2024 | — |
| Q1 2024 | — |
| Q4 2023 | — |
MU has spent almost nothing on buybacks in the past year.
AIOT Net Leverage
| Quarter | Net Leverage | Status |
|---|---|---|
| Q3 2026 | 4.5x | High |
| Q2 2026 | 4.0x | Elevated |
| Q1 2026 | 4.1x | High |
| Q4 2025 | 5.7x | High |
| Q3 2025 | 7.2x | High |
| Q2 2025 | 8.0x | High |
| Q1 2025 | 26.9x | High |
| Q3 2021 | -1.8x | Net Cash |
AIOT's net debt is about 4.5 years of its operating earnings (EBITDA), down from 7.2 years a year ago.
MU Net Leverage
| Quarter | Net Leverage | Status |
|---|---|---|
| Q3 2026 | -0.3x | Net Cash |
| Q2 2026 | -0.3x | Net Cash |
| Q1 2026 | -0.1x | Net Cash |
| Q4 2025 | 0.1x | Very low |
| Q3 2025 | 0.3x | Very low |
| Q2 2025 | 0.3x | Very low |
| Q1 2025 | 0.5x | Very low |
| Q4 2024 | 0.6x | Very low |
MU has the edge over AIOT on leverage, with a lower net debt burden relative to earnings.
AIOT Weekly Momentum
| Metric | Value | Status |
|---|---|---|
| RSI | 37.5 | Neutral |
| Stochastic | 21.5 | Neutral |
AIOT's weekly RSI is 37 (neutral) and its Stochastic is 21 (neutral).
MU Weekly Momentum
| Metric | Value | Status |
|---|---|---|
| RSI | 47.1 | Neutral |
| Stochastic | 26.9 | Neutral |
MU's weekly RSI is 47 (neutral) and its Stochastic is 27 (neutral).
AIOT PE vs Technology Sector
AIOT has no meaningful PE right now: it lost money over the past year.
MU PE vs Technology Sector
| Metric | MU | Sector median | Relative |
|---|---|---|---|
| PE | 11x | 28x | 61% below |
| PE % | 18 | 35 | 17 pts below |
MU is trading at 11x earnings, a 61% discount to the Technology sector's median of 28x.
AIOT Weekly Moving Averages
| Moving average | MA price | Relative |
|---|---|---|
| 8 week MA | $2.68 | 7.8% below |
| 20 week MA | $3.22 | 23% below |
| 50 week MA | $3.73 | 34% below |
| 100 week MA | $4.50 | 45% below |
| 200 week MA | $4.08 | 39% below |
AIOT is in a downtrend: it's below all five of its weekly moving averages, and 39% below its 200-week average.
MU Weekly Moving Averages
| Moving average | MA price | Relative |
|---|---|---|
| 8 week MA | $914.5 | 13% below |
| 20 week MA | $931.0 | 14% below |
| 50 week MA | $685.9 | 16% above |
| 100 week MA | $405.4 | 97% above |
| 200 week MA | $246.0 | 225% above |
MU has the edge over AIOT on trend strength, trading above more of its moving averages.
AIOT Yearly ROI
| Year | Start price | End price | ROI |
|---|---|---|---|
| 2020 | $6.11 | $7.47 | +22% |
| 2021 | $7.47 | $4.88 | -35% |
| 2022 | $4.88 | $2.38 | -51% |
| 2023 | $2.38 | $3.42 | +44% |
| 2024 | $3.42 | $6.80 | +99% |
| 2025 | $6.80 | $5.43 | -20% |
| 2026 YTD | $5.43 | $2.47 | -55% |
AIOT has finished lower in three of the last six years. It's down 55% so far in 2026.
MU Yearly ROI
| Year | Start price | End price | ROI |
|---|---|---|---|
| 2020 | $54.0 | $70.6 | +31% |
| 2021 | $70.6 | $94.4 | +34% |
| 2022 | $94.4 | $50.2 | -47% |
| 2023 | $50.2 | $85.3 | +70% |
| 2024 | $85.3 | $88.6 | +3.9% |
| 2025 | $88.6 | $284.8 | +221% |
| 2026 YTD | $284.8 | $798.4 | +180% |
MU has the edge over AIOT on returns for 2026, with the stronger performance.