What is Taglich Brothers' Forecast for Phunware Q1 Earnings?

Phunware, Inc. (NASDAQ:PHUN - Free Report) - Taglich Brothers boosted their Q1 2025 earnings per share estimates for Phunware in a report issued on Tuesday, April 8th. Taglich Brothers analyst H. Halpern now expects that the company will post earnings of ($0.14) per share for the quarter, up from their prior forecast of ($0.17). The consensus estimate for Phunware's current full-year earnings is ($0.97) per share. Taglich Brothers also issued estimates for Phunware's Q2 2025 earnings at ($0.15) EPS, Q3 2025 earnings at ($0.16) EPS, Q4 2025 earnings at ($0.16) EPS, FY2025 earnings at ($0.60) EPS and FY2026 earnings at ($0.65) EPS.

Phunware (NASDAQ:PHUN - Get Free Report) last released its earnings results 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 analysts' expectations of $0.93 million. Phunware had a negative return on equity of 244.22% and a negative net margin of 867.61%.

PHUN has been the topic of several other reports. HC Wainwright cut their price target on shares of Phunware from $6.00 to $3.00 and set a "neutral" rating on the stock in a research report on Monday, March 24th. Roth Capital set a $4.50 price target on Phunware in a research note on Monday, March 24th.

Phunware Stock Down 1.1 %

Shares of PHUN stock traded down $0.03 during trading on Thursday, reaching $2.62. The company's stock had a trading volume of 76,780 shares, compared to its average volume of 2,281,764. The company has a market cap of $52.85 million, a price-to-earnings ratio of -2.73 and a beta of 2.35. Phunware has a one year low of $2.22 and a one year high of $14.60. The business has a fifty day moving average price of $3.10 and a 200-day moving average price of $4.52. The company has a quick ratio of 3.80, a current ratio of 3.80 and a debt-to-equity ratio of 0.02.

Institutional Investors Weigh In On Phunware

A number of hedge funds and other institutional investors have recently bought and sold shares of the company. Soviero Asset Management LP acquired a new stake in shares of Phunware in the fourth quarter valued at about $520,000. Two Sigma Investments LP bought a new position in Phunware in the fourth quarter worth approximately $392,000. Millennium Management LLC acquired a new position in shares of Phunware during the fourth quarter worth approximately $57,000. Schonfeld Strategic Advisors LLC bought a new position in shares of Phunware in the 4th quarter worth $85,000. Finally, Northern Trust Corp grew its position 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 purchasing an additional 33,922 shares during the period. Institutional investors own 7.57% of the company's stock.

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.