Q1 Earnings Forecast for Phunware Issued By HC Wainwright

Phunware, Inc. (NASDAQ:PHUN - Free Report) - Analysts at HC Wainwright issued their Q1 2025 EPS estimates for Phunware in a note issued to investors on Monday, March 24th. HC Wainwright analyst S. Buck anticipates that the company will post earnings of ($0.08) per share for the quarter. HC Wainwright currently has a "Neutral" rating and a $3.00 target price on the stock. The consensus estimate for Phunware's current full-year earnings is ($0.97) per share. HC Wainwright also issued estimates for Phunware's Q2 2025 earnings at ($0.09) EPS, Q3 2025 earnings at ($0.09) EPS and Q4 2025 earnings at ($0.12) EPS.

Phunware (NASDAQ:PHUN - Get Free Report) last released 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. Phunware had a negative net margin of 867.61% and a negative return on equity of 244.22%. The business had revenue of $0.99 million for the quarter, compared to the consensus estimate of $0.93 million.

Phunware Stock Performance

PHUN traded down $0.14 during midday trading on Tuesday, hitting $2.95. 243,812 shares of the company were exchanged, compared to its average volume of 2,300,077. The company's 50 day simple moving average is $3.51 and its 200 day simple moving average is $4.58. The firm has a market capitalization of $59.50 million, a price-to-earnings ratio of -3.07 and a beta of 2.45. Phunware has a 1-year low of $2.70 and a 1-year high of $14.60. The company has a current ratio of 3.80, a quick ratio of 3.80 and a debt-to-equity ratio of 0.02.

Institutional Trading of Phunware

Several hedge funds and other institutional investors have recently bought and sold shares of the stock. Millennium Management LLC acquired a new position in Phunware in the fourth quarter valued at approximately $57,000. Schonfeld Strategic Advisors LLC acquired a new stake in shares of Phunware during the 4th quarter worth approximately $85,000. Dimensional Fund Advisors LP purchased a new position in shares of Phunware during the 4th quarter valued at approximately $89,000. Marshall Wace LLP acquired a new position in shares of Phunware in the 4th quarter valued at $122,000. Finally, Geode Capital Management LLC boosted its holdings in Phunware by 36.6% during the third quarter. Geode Capital Management LLC now owns 113,767 shares of the company's stock worth $389,000 after buying an additional 30,507 shares in the last quarter. 7.57% of the stock is owned by institutional investors and hedge funds.

Phunware Company Profile

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.