CalAmp Corp. provides in telematics systems, and software and subscription services in the United States, Europe, the Middle East, Africa, South America, Asia and Pacific Rim, and internationally. The company offers telematics products, including asset tracking units, mobile telematics devices, fixed and mobile wireless gateways, and routers; and advanced telematics products for the broader connected vehicle and Internet of Things market, which enable customers to optimize their operations by collecting, monitoring, and reporting business-critical information and desired intelligence from remote and mobile assets. It also provides CalAmp Telematics Cloud platform, such as cloud-based application enablement and telematics service platforms that facilitate integration of its own applications, as well as those of third parties, through open application programming interfaces; and software as a service applications. In addition, the company offers professional services, including project management, engineering services, and installation services. It sells its products and services to customers in the automotive, insurance, transportation and logistics, government, K12, industrial and construction equipment markets through direct sales organization, a channel partner program, and sales representatives, as well as its Websites and digital platform. The company was founded in 1981 and is headquartered in Irvine, California.
IPO Year: 2024
Exchange: NASDAQ
Website: calamp.com
Date | Price Target | Rating | Analyst |
---|---|---|---|
5/27/2025 | $8.00 | Outperform | Wedbush |
11/5/2024 | Outperform | William Blair | |
11/5/2024 | $18.00 | Overweight | Piper Sandler |
11/5/2024 | $23.00 | Overweight | JP Morgan |
8/16/2022 | $8.00 → $10.00 | Hold → Buy | Craig Hallum |
12/22/2021 | $15.00 → $14.00 | Buy | Canaccord Genuity |
12/22/2021 | $14.00 → $10.00 | Buy → Hold | Craig-Hallum |
9/24/2021 | $16.00 → $14.00 | Buy | Craig Hallum |
6/25/2021 | $19.00 → $18.50 | Buy | Roth Capital |
6/25/2021 | $15.00 → $16.00 | Buy | Craig Hallum |