FY2026 EPS Estimate for WidePoint Lowered by Analyst

Key Points

• FY2026 earnings estimates were reduced: Litchfield Hills Research lowered WidePoint’s forecast to $0.03 per share from $0.04, below the $0.04 consensus estimate.
• Analyst sentiment weakened after disappointing results: Zacks Research downgraded the stock from “strong buy” to “hold.” WidePoint also missed quarterly expectations, reporting $0.01 EPS versus $0.04 expected and revenue of $38.0 million versus $41.83 million expected.
• Insiders have been selling shares: Company insiders sold 82,745 shares worth approximately $1.36 million over the past three months, while insiders retain a 16.1% ownership stake. The stock opened at $9.09, compared with a consensus target price of $9.00.

WidePoint Corporation (NYSEAMERICAN:WYY - Free Report) - Analysts at Litchfield Hills Research dropped their FY2026 earnings estimates for WidePoint in a report released on Monday, August 17th. Litchfield Hills Research analyst B. Sine now anticipates that the technology company will earn $0.03 per share for the year, down from their prior forecast of $0.04. The consensus estimate for WidePoint's current full-year earnings is $0.04 per share.

Separately, Zacks Research lowered WidePoint from a "strong-buy" rating to a "hold" rating in a report on Thursday, August 13th. Two analysts have rated the stock with a Buy rating and one has issued a Hold rating to the company's stock. According to data from MarketBeat, the stock currently has a consensus rating of "Moderate Buy" and a consensus target price of $9.00.

WidePoint Stock Up 0.4%

Shares of WYY stock opened at $9.09 on Wednesday. WidePoint has a 52-week low of $3.75 and a 52-week high of $24.30. The stock has a market cap of $89.90 million, a PE ratio of -69.92 and a beta of 1.77. The business has a 50-day simple moving average of $12.64 and a 200-day simple moving average of $8.65.

WidePoint (NYSEAMERICAN:WYY - Get Free Report) last issued its earnings results on Thursday, August 13th. The technology company reported $0.01 earnings per share (EPS) for the quarter, missing the consensus estimate of $0.04 by ($0.03). The business had revenue of $38.00 million for the quarter, compared to analysts' expectations of $41.83 million. WidePoint had a negative return on equity of 10.74% and a negative net margin of 0.81%.

Insider Buying and Selling

In other WidePoint news, COO Todd Dzyak sold 5,000 shares of WidePoint stock in a transaction on Thursday, July 9th. The shares were sold at an average price of $12.75, for a total value of $63,750.00. Following the completion of the transaction, the chief operating officer owned 110,436 shares of the company's stock, valued at approximately $1,408,059. The trade was a 4.33% decrease in their ownership of the stock. The transaction was disclosed in a filing with the Securities & Exchange Commission, which is accessible through this link. Also, CFO Robert J. George sold 16,882 shares of the company's stock in a transaction dated Monday, June 29th. The stock was sold at an average price of $16.16, for a total transaction of $272,813.12. Following the completion of the transaction, the chief financial officer owned 19,842 shares of the company's stock, valued at approximately $320,646.72. This trade represents a 45.97% decrease in their position. The disclosure for this sale is available in the SEC filing. Over the last three months, insiders have sold 82,745 shares of company stock valued at $1,355,144. Corporate insiders own 16.10% of the company's stock.

Institutional Investors Weigh In On WidePoint

A number of institutional investors have recently modified their holdings of the business. Potomac Capital Management Inc. purchased a new position in WidePoint during the fourth quarter worth approximately $1,051,000. State Street Corp grew its holdings in WidePoint by 9.7% in the fourth quarter. State Street Corp now owns 27,153 shares of the technology company's stock valued at $146,000 after purchasing an additional 2,400 shares during the period. Jane Street Group LLC increased its position in shares of WidePoint by 98.6% in the fourth quarter. Jane Street Group LLC now owns 52,751 shares of the technology company's stock valued at $283,000 after buying an additional 26,193 shares in the last quarter. Informed Momentum Co LLC purchased a new stake in shares of WidePoint in the fourth quarter valued at approximately $527,000. Finally, O Shaughnessy Asset Management LLC acquired a new position in shares of WidePoint during the 4th quarter worth approximately $152,000. 22.60% of the stock is currently owned by institutional investors and hedge funds.

About WidePoint

WidePoint Corporation (NYSE American: WYY) is a provider of secure mobility management and identity management solutions. Headquartered in Reston, Virginia, the company delivers a range of managed services designed to help organizations control and secure their telecommunications and IT environments. Since its inception in the late 1990s, WidePoint has focused on helping businesses and government agencies optimize their mobile device portfolios and ensure regulatory compliance.

WidePoint's core offerings include mobile device management, telecom expense management, and unified endpoint security.

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