Equities Analysts Offer Predictions for Phunware Q2 Earnings

Phunware, Inc. (NASDAQ:PHUN - Free Report) - Equities researchers at HC Wainwright dropped their Q2 2025 EPS estimates for shares of Phunware in a note issued to investors on Tuesday, May 13th. HC Wainwright analyst S. Buck now expects that the company will post earnings of ($0.12) per share for the quarter, down from their previous forecast of ($0.09). HC Wainwright has a "Neutral" rating and a $3.00 price target 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 Q3 2025 earnings at ($0.12) EPS, Q4 2025 earnings at ($0.15) EPS, FY2025 earnings at ($0.51) EPS and FY2026 earnings at ($0.50) EPS.

A number of other research firms also recently issued reports on PHUN. Roth Capital set a $4.50 price target on shares of Phunware in a research report on Monday, March 24th. Ascendiant Capital Markets reduced their price target on Phunware from $13.00 to $12.00 and set a "buy" rating for the company in a research report on Monday, April 21st.

Phunware Stock Performance

NASDAQ:PHUN traded up $0.02 during trading hours on Thursday, reaching $3.07. 104,303 shares of the stock were exchanged, compared to its average volume of 620,189. The firm has a 50 day simple moving average of $2.86 and a 200-day simple moving average of $3.91. Phunware has a 52 week low of $2.22 and a 52 week high of $14.60. The stock has a market capitalization of $61.92 million, a P/E ratio of -3.79 and a beta of 2.58. The company has a quick ratio of 3.80, a current ratio of 3.80 and a debt-to-equity ratio of 0.02.

Phunware (NASDAQ:PHUN - Get Free Report) last issued its quarterly earnings results on Monday, May 12th. The company reported ($0.12) earnings per share (EPS) for the quarter, hitting analysts' consensus estimates of ($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 $0.69 million during the quarter, compared to analyst estimates of $0.60 million.

Institutional Inflows and Outflows

Large investors have recently bought and sold shares of the company. Geode Capital Management LLC boosted its holdings in Phunware by 87.9% during the fourth quarter. Geode Capital Management LLC now owns 213,777 shares of the company's stock worth $1,112,000 after buying an additional 100,010 shares in the last quarter. Soviero Asset Management LP purchased a new position in shares of Phunware during the fourth quarter valued at $520,000. Two Sigma Investments LP acquired a new position in shares of Phunware in the 4th quarter valued at about $392,000. Northern Trust Corp increased its stake in Phunware by 285.4% in the 4th quarter. Northern Trust Corp now owns 45,809 shares of the company's stock valued at $238,000 after buying an additional 33,922 shares during the period. Finally, Marshall Wace LLP purchased a new stake in shares of Phunware during the fourth quarter worth $122,000. 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.