NASDAQ:PHUN Phunware (PHUN) Stock Forecast, Price & News $0.58 -0.03 (-4.91%) (As of 06/8/2023 ET) Add Compare Share Share Today's Range$0.57▼$0.6150-Day Range$0.56▼$0.7652-Week Range$0.55▼$1.96Volume1.67 million shsAverage Volume902,701 shsMarket Capitalization$60.82 millionP/E RatioN/ADividend YieldN/APrice Target$3.75 ProfileProfileAnalyst RatingsChartCompetitorsEarningsFinancialsInsider TradesInstitutional OwnershipHeadlinesSEC FilingsShort InterestSocial MediaProfileAnalyst RatingsChartCompetitorsEarningsFinancialsInsider TradesInstitutional OwnershipHeadlinesSEC FilingsShort InterestSocial Media Phunware MarketRank™ ForecastAnalyst RatingBuy3.00 Rating ScoreUpside/Downside545.3% Upside$3.75 Price TargetShort InterestBearish5.80% of Shares Sold ShortDividend StrengthN/ASustainabilityN/ANews Sentiment0.89Based on 3 Articles This WeekInsider TradingN/AProj. Earnings GrowthGrowingFrom ($0.24) to ($0.23) Per ShareSee Full Details Hide Full Details Overall MarketRank™MarketRank is calculated as an average of available category scores, with extra weight given to analysis and valuation.1.78 out of 5 starsComputer And Technology Sector462nd out of 599 stocksData Processing & Preparation Industry45th out of 62 stocks 3.5 Analyst's Opinion Consensus RatingPhunware has received a consensus rating of Buy. The company's average rating score is 3.00, and is based on 1 buy rating, no hold ratings, and no sell ratings.Price Target Upside/DownsideAccording to analysts' consensus price target of $3.75, Phunware has a forecasted upside of 545.3% from its current price of $0.58.Amount of Analyst CoveragePhunware has only been the subject of 1 research reports in the past 90 days. Previous Next 1.0 Short Interest Percentage of Shares Shorted5.80% of the outstanding shares of Phunware have been sold short.Short Interest Ratio / Days to CoverPhunware has a short interest ratio ("days to cover") of 7.Change versus previous monthShort interest in Phunware has recently increased by 6.87%, indicating that investor sentiment is decreasing significantly. Previous Next 0.0 Dividend Strength Dividend YieldPhunware does not currently pay a dividend.Dividend GrowthPhunware does not have a long track record of dividend growth. Previous Next N/A Sustainability and ESG Overall ESG (Environmental, Social, and Governance) ScoreThere is no current Upright™ data available for PHUN. Previous Next 3.3 News and Social Media Coverage News SentimentPhunware has a news sentiment score of 0.89. This score is calculated as an average of sentiment of articles about the company over the last seven days and ranges from 2 (good news) to -2 (bad news). This is a higher news sentiment than the 0.50 average news sentiment score of Computer and Technology companies.News Coverage This WeekMarketBeat has tracked 3 news articles for Phunware this week, compared to 2 articles on an average week.Search Interest4 people have searched for PHUN on MarketBeat in the last 30 days. This is an increase of 300% compared to the previous 30 days.MarketBeat FollowsOnly 1 people have added Phunware to their MarketBeat watchlist in the last 30 days. This is a decrease of -75% compared to the previous 30 days. Previous Next 0.0 Company Ownership Insider Buying vs. Insider SellingIn the past three months, Phunware insiders have not sold or bought any company stock.Percentage Held by InsidersOnly 4.80% of the stock of Phunware is held by insiders.Percentage Held by InstitutionsOnly 8.97% of the stock of Phunware is held by institutions. Previous Next 0.6 Earnings and Valuation Earnings GrowthEarnings for Phunware are expected to grow in the coming year, from ($0.24) to ($0.23) per share.Price to Earnings Ratio vs. the MarketThe P/E ratio of Phunware is -1.45, which means that its earnings are negative and its P/E ratio cannot be compared to companies with positive earnings.Price to Earnings Ratio vs. SectorThe P/E ratio of Phunware is -1.45, which means that its earnings are negative and its P/E ratio cannot be compared to companies with positive earnings.Price to Book Value per Share RatioPhunware has a P/B Ratio of 2.42. P/B Ratios below 3 indicates that a company is reasonably valued with respect to its assets and liabilities. Previous Next See Top Rated MarketRank™ Stocks Here About Phunware (NASDAQ:PHUN) StockPhunware, Inc. engages in the development of a Multiscreen-as-a-Service platform, an enterprise cloud platform for mobile devices. It provides companies the products, solutions, data, and services necessary to engage, manage, and monetize mobile application portfolios and audiences at scale. Its platform also allows for the licensing and creation of category-defining mobile experiences for brands and their application users worldwide. The company was founded by Alan S. Knitowski and Luan Dang in February 2009 and is headquartered in Austin, TX.Read More Receive PHUN Stock News and Ratings via Email Sign-up to receive the latest news and ratings for Phunware and its competitors with MarketBeat's FREE daily newsletter. Email Address PHUN Stock News HeadlinesJune 2, 2023 | marketwatch.comPhunware Taps Troy Reisner as CFOJune 2, 2023 | msn.comPhunware says Troy Reisner to succeed Matt Aune as CFOJune 9, 2023 | UNKNOWN (Ad)The Stock That's Brining Lithium Back To America!The American Energy Crisis Is Very Real And This Stock Is Solving That Problem On U.S SoilJune 2, 2023 | finance.yahoo.comPhunware Announces CFO TransitionMay 12, 2023 | proactiveinvestors.comAirBnb, Disney numbers disappoint and more big earnings surprises from the weekMay 12, 2023 | msn.comPhunware GAAP EPS of -$0.04 beats by $0.03, revenue of $4.75M misses by $0.63MMay 11, 2023 | msn.comPhunware: Q1 Earnings InsightsMay 11, 2023 | finance.yahoo.comPhunware Reports First Quarter 2023 Financial ResultsJune 9, 2023 | UNKNOWN (Ad)The Stock That's Brining Lithium Back To America!The American Energy Crisis Is Very Real And This Stock Is Solving That Problem On U.S SoilMay 10, 2023 | americanbankingnews.comPhunware (PHUN) Set to Announce Earnings on ThursdayMay 2, 2023 | finance.yahoo.comPhunware to Present at the 18th Annual Needham Technology & Media Conference on May 16, 2023April 27, 2023 | finance.yahoo.comPhunware (PHUN) Loses -15.91% in 4 Weeks, Here's Why a Trend Reversal May be Around the CornerApril 19, 2023 | finance.yahoo.comImproved Revenues Required Before Phunware, Inc. (NASDAQ:PHUN) Shares Find Their FeetApril 13, 2023 | proactiveinvestors.comPhunware announces Siemens Connect partnership and the impact on its Smart Infrastructure offeringsApril 12, 2023 | proactiveinvestors.comPhunware joins the rapidly expanding Siemens Connect EcosystemApril 12, 2023 | finance.yahoo.comPhunware joins Siemens Connect EcosystemMarch 28, 2023 | proactiveinvestors.comPhunware shares details behind 105% in revenue growth for 2022 full year financialsMarch 28, 2023 | finance.yahoo.comPhunware (PHUN) Loses -27.55% in 4 Weeks, Here's Why a Trend Reversal May be Around the CornerMarch 27, 2023 | finance.yahoo.comPhunware, Inc. (NASDAQ:PHUN) Q4 2022 Earnings Call TranscriptMarch 24, 2023 | americanbankingnews.comPhunware (NASDAQ:PHUN) PT Lowered to $2.50March 23, 2023 | finance.yahoo.comPhunware Reports Full Year 2022 Financial ResultsMarch 23, 2023 | finance.yahoo.comPhunware (PHUN) Reports Q4 Loss, Lags Revenue EstimatesMarch 21, 2023 | americanbankingnews.comPhunware (PHUN) Scheduled to Post Earnings on ThursdayMarch 13, 2023 | finance.yahoo.comPhunware Sets Fourth Quarter and Full Year 2022 Earnings Call for Thursday, March 23, 2023 at 4:30 p.m. ETFebruary 27, 2023 | finance.yahoo.comPhunware Sets March 2023 Financial Events ScheduleFebruary 16, 2023 | finance.yahoo.comPhunware Announces Contract Expansion with VHC HealthFebruary 5, 2023 | finance.yahoo.comInvestors in Phunware (NASDAQ:PHUN) have unfortunately lost 58% over the last yearSee More Headlines PHUN Price History View Price History Chart DataSkip Price History Chart 30 days | 90 days | 365 days | Advanced Chart PHUN Company Calendar Last Earnings3/23/2023Today6/09/2023Next Earnings (Estimated)8/10/2023Fiscal Year End12/31/2023Get Stock AlertsIndustry, Sector and Symbol Stock ExchangeNASDAQ Industry Data processing & preparation Sub-IndustryN/A SectorComputer and Technology Current SymbolNASDAQ:PHUN CUSIPN/A CIK1665300 Webwww.phunware.com Phone(512) 693-4199FaxN/AEmployees120Year FoundedN/APrice Target and Rating Average Stock Price Forecast$3.75 High Stock Price Forecast$5.00 Low Stock Price Forecast$2.50 Forecasted Upside/Downside+545.3%Consensus RatingBuy Rating Score (0-4)3.00 Research Coverage1 Analysts Profitability EPS (Most Recent Fiscal Year)($0.40) Trailing P/E RatioN/A Forward P/E RatioN/A P/E GrowthN/ANet Income$-50,890,000.00 Net Margins-203.64% Pretax Margin-203.62% Return on Equity-94.83% Return on Assets-47.52% Debt Debt-to-Equity Ratio0.13 Current Ratio0.40 Quick Ratio0.27 Sales & Book Value Annual Sales$21.79 million Price / Sales2.79 Cash FlowN/A Price / Cash FlowN/A Book Value$0.24 per share Price / Book2.42Miscellaneous Outstanding Shares104,660,000Free Float99,634,000Market Cap$60.82 million OptionableNot Optionable Beta10.25 Key ExecutivesRussell BuyseChief Executive Officer & DirectorRandall CrowderChief Operating OfficerMatt AuneChief Financial OfficerJason PowellVice President-Information TechnologyAndrew SoltanVice President-EngineeringKey CompetitorsLiberty TripAdvisorNASDAQ:LTRPAHeartCore EnterprisesNASDAQ:HTCRSphere 3DNASDAQ:ANYMinority Equality Opportunities AcquisitionNASDAQ:MEOAPark City GroupNASDAQ:PCYGView All CompetitorsInsiders & InstitutionsGeode Capital Management LLCBought 45,342 shares on 5/16/2023Ownership: 0.909%Price T Rowe Associates Inc. MDBought 31,700 shares on 5/15/2023Ownership: 0.076%HAP Trading LLCSold 20,400 shares on 5/15/2023Ownership: 0.000%BlackRock Inc.Bought 17,357 shares on 5/12/2023Ownership: 1.292%Group One Trading L.P.Bought 4,000 shares on 5/12/2023Ownership: 0.000%View All Insider TransactionsView All Institutional Transactions PHUN Stock - Frequently Asked Questions Should I buy or sell Phunware stock right now? 1 Wall Street equities research analysts have issued "buy," "hold," and "sell" ratings for Phunware in the last year. There are currently 1 buy rating for the stock. The consensus among Wall Street equities research analysts is that investors should "buy" PHUN shares. View PHUN analyst ratings or view top-rated stocks. What is Phunware's stock price forecast for 2023? 1 brokers have issued twelve-month target prices for Phunware's shares. Their PHUN share price forecasts range from $2.50 to $5.00. On average, they predict the company's share price to reach $3.75 in the next year. This suggests a possible upside of 545.3% from the stock's current price. View analysts price targets for PHUN or view top-rated stocks among Wall Street analysts. How have PHUN shares performed in 2023? Phunware's stock was trading at $0.7733 at the beginning of 2023. Since then, PHUN shares have decreased by 24.9% and is now trading at $0.5811. View the best growth stocks for 2023 here. When is Phunware's next earnings date? The company is scheduled to release its next quarterly earnings announcement on Thursday, August 10th 2023. View our PHUN earnings forecast. How were Phunware's earnings last quarter? Phunware, Inc. (NASDAQ:PHUN) released its earnings results on Thursday, March, 23rd. The company reported ($0.08) earnings per share for the quarter, meeting analysts' consensus estimates of ($0.08). The firm had revenue of $4.77 million for the quarter, compared to analysts' expectations of $5.46 million. Phunware had a negative trailing twelve-month return on equity of 94.83% and a negative net margin of 203.64%. What ETF holds Phunware's stock ? Invesco Alerian Galaxy Crypto Economy ETF holds 26,300 shares of PHUN stock, representing 0.51% of its portfolio. What is Alan S. Knitowski's approval rating as Phunware's CEO? 65 employees have rated Phunware Chief Executive Officer Alan S. Knitowski on Glassdoor.com. Alan S. Knitowski has an approval rating of 51% among the company's employees. This puts Alan S. Knitowski in the bottom 25% of approval ratings compared to other CEOs of publicly-traded companies. What other stocks do shareholders of Phunware own? Based on aggregate information from My MarketBeat watchlists, some companies that other Phunware investors own include Biocept (BIOC), NIO (NIO), OPKO Health (OPK), Vaxart (VXRT), Outlook Therapeutics (OTLK), Sorrento Therapeutics (SRNE), Advanced Micro Devices (AMD), Bionano Genomics (BNGO), Acasti Pharma (ACST) and Boeing (BA). What is Phunware's stock symbol? Phunware trades on the NASDAQ under the ticker symbol "PHUN." Who are Phunware's major shareholders? Phunware's stock is owned by a variety of retail and institutional investors. Top institutional shareholders include BlackRock Inc. (1.29%), Geode Capital Management LLC (0.91%), Price T Rowe Associates Inc. MD (0.08%), Group One Trading L.P. (0.00%), HAP Trading LLC (0.00%) and Simplex Trading LLC (0.00%). Insiders that own company stock include Alan S Knitowski, Eric Manlunas, George Syllantavos and Ryan Costello. View institutional ownership trends. How do I buy shares of Phunware? Shares of PHUN stock can be purchased through any online brokerage account. Popular online brokerages with access to the U.S. stock market include WeBull, Vanguard Brokerage Services, TD Ameritrade, E*TRADE, Robinhood, Fidelity, and Charles Schwab. Compare Top Brokerages Here. What is Phunware's stock price today? One share of PHUN stock can currently be purchased for approximately $0.58. How much money does Phunware make? Phunware (NASDAQ:PHUN) has a market capitalization of $60.82 million and generates $21.79 million in revenue each year. The company earns $-50,890,000.00 in net income (profit) each year or ($0.40) on an earnings per share basis. How many employees does Phunware have? The company employs 120 workers across the globe. How can I contact Phunware? Phunware's mailing address is 7800 SHOAL CREEK BLVD SUITE 230-S, AUSTIN X1, 78757. The official website for the company is www.phunware.com. The company can be reached via phone at (512) 693-4199 or via email at investorrelations@phunware.com. This page (NASDAQ:PHUN) was last updated on 6/9/2023 by MarketBeat.com Staff Adding Choose a watchlist: Watchlist Adding You have already added five stocks to your watchlist. Upgrade to MarketBeat All Access to add more stocks to your watchlist. Adding Phunware, Inc. 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