WidePoint (WYY) to Release Quarterly Earnings on Thursday

WidePoint (NYSEAMERICAN:WYY - Get Free Report) is anticipated to issue its Q1 2026 results after the market closes on Thursday, May 14th. Analysts expect the company to announce earnings of ($0.12) per share and revenue of $39.2460 million for the quarter. Parties may review the information on the company's upcoming Q1 2026 earning report for the latest details on the call scheduled for Thursday, May 14, 2026 at 4:30 PM ET.

WidePoint (NYSEAMERICAN:WYY - Get Free Report) last released its quarterly earnings data on Wednesday, March 25th. The technology company reported ($0.09) earnings per share for the quarter, missing the consensus estimate of ($0.01) by ($0.08). WidePoint had a negative return on equity of 22.35% and a negative net margin of 1.83%.The firm had revenue of $42.32 million for the quarter, compared to the consensus estimate of $40.28 million. On average, analysts expect WidePoint to post $0 EPS for the current fiscal year and $0 EPS for the next fiscal year.

WidePoint Price Performance

WidePoint stock opened at $8.16 on Thursday. The firm has a market capitalization of $80.54 million, a price-to-earnings ratio of -28.14 and a beta of 1.59. The company's 50 day simple moving average is $5.08 and its 200 day simple moving average is $5.84. WidePoint has a fifty-two week low of $2.80 and a fifty-two week high of $10.49.

Institutional Trading of WidePoint

Hedge funds and other institutional investors have recently made changes to their positions in the business. XTX Topco Ltd acquired a new stake in shares of WidePoint in the second quarter valued at approximately $58,000. NewEdge Advisors LLC acquired a new stake in shares of WidePoint in the second quarter valued at approximately $74,000. Jane Street Group LLC acquired a new stake in shares of WidePoint in the second quarter valued at approximately $87,000. State Street Corp raised its holdings in shares of 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 last quarter. Finally, O Shaughnessy Asset Management LLC acquired a new stake in shares of WidePoint in the fourth quarter valued at approximately $152,000. 22.60% of the stock is currently owned by institutional investors and hedge funds.

Analysts Set New Price Targets

WYY has been the topic of several research analyst reports. HC Wainwright restated a "buy" rating and set a $9.00 target price on shares of WidePoint in a report on Monday, March 30th. Zacks Research downgraded shares of WidePoint from a "hold" rating to a "strong sell" rating in a report on Monday, March 30th. Three equities research analysts have rated the stock with a Buy rating and one has given a Sell rating to the company's stock. According to MarketBeat, WidePoint currently has an average rating of "Moderate Buy" and an average price target of $8.67.

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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