Phunware - PHUN Stock Forecast, Price & News

1 Wall Street analysts have issued "buy," "hold," and "sell" ratings for Phunware in the last twelve months. There are currently 1 buy rating for the stock. The consensus among Wall Street analysts is that investors should "buy" PHUN shares.
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1 brokers have issued 1 year price objectives for Phunware's stock. Their PHUN share price forecasts range from $3.50 to $5.00. On average, they anticipate the company's share price to reach $4.25 in the next twelve months. This suggests a possible upside of 284.6% from the stock's current price.
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Phunware's stock was trading at $0.7733 at the start of the year. Since then, PHUN shares have increased by 42.9% and is now trading at $1.1050.
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The company is scheduled to release its next quarterly earnings announcement on Wednesday, March 22nd 2023.
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Phunware, Inc. (NASDAQ:PHUN) released its earnings results on Thursday, November, 10th. The company reported ($0.08) EPS for the quarter, meeting the consensus estimate of ($0.08). The firm had revenue of $4.76 million for the quarter, compared to analysts' expectations of $5.95 million. Phunware had a negative trailing twelve-month return on equity of 108.33% and a negative net margin of 320.30%.

Phunware issued an update on its FY 2022 earnings guidance on Saturday, December, 10th. The company provided EPS guidance of for the period. The company issued revenue guidance of $22.50 million-$22.50 million, compared to the consensus revenue estimate of $25.05 million.

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.

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).

Phunware trades on the NASDAQ under the ticker symbol "PHUN."

Phunware's stock is owned by a variety of retail and institutional investors. Top institutional shareholders include Simplex Trading LLC (0.00%). Insiders that own company stock include Alan S Knitowski, Eric Manlunas, George Syllantavos and Ryan Costello.
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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.
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One share of PHUN stock can currently be purchased for approximately $1.11.

Phunware (NASDAQ:PHUN) has a market capitalization of $113.41 million and generates $10.64 million in revenue each year. The company earns $-53,520,000.00 in net income (profit) each year or ($0.80) on an earnings per share basis.

The company employs 120 workers across the globe.

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.