HC Wainwright Estimates Phunware’s Q2 Earnings (NASDAQ:PHUN)

Phunware, Inc. (NASDAQ:PHUN) – Research analysts at HC Wainwright reduced their Q2 2025 earnings per share estimates for shares of Phunware in a report released on Tuesday, May 13th. HC Wainwright analyst S. Buck now expects that the company will earn ($0.12) per share for the quarter, down from their previous forecast of ($0.09). HC Wainwright currently 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.

Phunware (NASDAQ:PHUN) last announced its quarterly earnings data on Monday, May 12th. The company reported ($0.12) earnings per share for the quarter, meeting the consensus estimate of ($0.12). The firm had revenue of $0.69 million for the quarter, compared to analyst estimates of $0.60 million. Phunware had a negative net margin of 867.61% and a negative return on equity of 244.22%.

Several other equities research analysts also recently issued reports on the company. Ascendiant Capital Markets decreased their price target on Phunware from $13.00 to $12.00 and set a “buy” rating for the company in a report on Monday, April 21st. Roth Capital set a $4.50 price objective on shares of Phunware in a report on Monday, March 24th.

Phunware Trading Down 1.0%

NASDAQ:PHUN opened at $3.11 on Thursday. The company has a debt-to-equity ratio of 0.02, a current ratio of 3.80 and a quick ratio of 3.80. Phunware has a one year low of $2.22 and a one year high of $14.60. The company has a market cap of $62.73 million, a PE ratio of -3.84 and a beta of 2.58. The firm has a 50-day moving average of $2.84 and a 200-day moving average of $4.07.

Institutional Investors Weigh In On Phunware

Several institutional investors and hedge funds have recently added to or reduced their stakes in PHUN. Geode Capital Management LLC lifted its position in shares of Phunware by 87.9% during the 4th 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 stake in shares of Phunware during the fourth quarter valued at approximately $520,000. Two Sigma Investments LP bought a new stake in Phunware during the fourth quarter worth $392,000. Northern Trust Corp lifted its holdings in Phunware by 285.4% during the fourth quarter. Northern Trust Corp now owns 45,809 shares of the company’s stock worth $238,000 after acquiring an additional 33,922 shares during the period. Finally, Marshall Wace LLP purchased a new position in Phunware in the fourth quarter worth $122,000. Hedge funds and other 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.