Brokers Issue Forecasts for Phunware FY2026 Earnings

Phunware, Inc. (NASDAQ:PHUN - Free Report) - Stock analysts at Roth Capital issued their FY2026 earnings per share (EPS) estimates for shares of Phunware in a note issued to investors on Monday, March 24th. Roth Capital analyst D. Aftahi anticipates that the company will post earnings of ($0.77) per share for the year. The consensus estimate for Phunware's current full-year earnings is ($0.97) per share.

Phunware (NASDAQ:PHUN - Get Free Report) last announced its quarterly earnings data on Thursday, March 20th. The company reported ($0.06) EPS for the quarter, beating the consensus estimate of ($0.18) by $0.12. The firm had revenue of $0.99 million for the quarter, compared to the consensus estimate of $0.93 million. Phunware had a negative net margin of 867.61% and a negative return on equity of 244.22%.

Separately, HC Wainwright dropped their price objective on shares of Phunware from $6.00 to $3.00 and set a "neutral" rating for the company in a report on Monday, March 24th.

Phunware Price Performance

Shares of Phunware stock traded down $0.14 during trading hours on Wednesday, hitting $2.95. The company's stock had a trading volume of 243,812 shares, compared to its average volume of 2,300,077. The company has a debt-to-equity ratio of 0.02, a quick ratio of 3.80 and a current ratio of 3.80. Phunware has a 12-month low of $2.70 and a 12-month high of $14.60. The business has a 50 day moving average price of $3.51 and a two-hundred day moving average price of $4.58. The company has a market cap of $59.50 million, a PE ratio of -3.07 and a beta of 2.45.

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Institutional Inflows and Outflows

Several institutional investors and hedge funds have recently added to or reduced their stakes in PHUN. Geode Capital Management LLC increased its position in Phunware by 87.9% during the fourth quarter. Geode Capital Management LLC now owns 213,777 shares of the company's stock valued at $1,112,000 after acquiring an additional 100,010 shares during the last quarter. Soviero Asset Management LP bought a new position in Phunware during the 4th quarter valued at about $520,000. Two Sigma Investments LP purchased a new stake in Phunware in the 4th quarter worth about $392,000. Northern Trust Corp lifted its stake in shares of Phunware by 285.4% during the 4th quarter. Northern Trust Corp now owns 45,809 shares of the company's stock worth $238,000 after acquiring an additional 33,922 shares during the last quarter. Finally, Marshall Wace LLP purchased a new stake in shares of Phunware during the fourth quarter valued at $122,000. Hedge funds and other institutional investors own 7.57% of the company's stock.

About Phunware

Phunware, Inc, together with its subsidiaries, provides integrated software platform that equips companies with the products, solutions, and services to engage, manage, and monetize their mobile application portfolios in the United States and internationally. The company's products and services include mobile software and application transaction solutions comprise integration of software development kit (SDK) licenses, which consists of analytics that offers data related to application use and engagement; content management that allows application administrators to create and manage app content in a cloud-based portal; alerts, notifications, and messaging, which enables brands to send messages; marketing automation that enables location-triggered messages and workflow; advertising; and location-based services, such as mapping, navigation, wayfinding, workflow, asset management, and policy enforcement.