HC Wainwright Predicts Phunware’s Q1 Earnings (NASDAQ:PHUN)

Phunware, Inc. (NASDAQ:PHUN) – Research analysts at HC Wainwright issued their Q1 2025 earnings per share (EPS) estimates for shares of Phunware in a research note issued to investors on Monday, March 24th. HC Wainwright analyst S. Buck expects that the company will post earnings of ($0.08) per share for the quarter. HC Wainwright 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 Q2 2025 earnings at ($0.09) EPS, Q3 2025 earnings at ($0.09) EPS and Q4 2025 earnings at ($0.12) EPS.

Phunware (NASDAQ:PHUN) last issued its earnings results on Thursday, March 20th. The company reported ($0.06) earnings per share for the quarter, topping analysts’ consensus estimates of ($0.18) by $0.12. Phunware had a negative return on equity of 244.22% and a negative net margin of 867.61%. The company had revenue of $0.99 million for the quarter, compared to analyst estimates of $0.93 million.

Phunware Stock Performance

PHUN opened at $3.14 on Tuesday. Phunware has a 1-year low of $2.70 and a 1-year high of $14.60. The company has a market cap of $63.34 million, a price-to-earnings ratio of -3.27 and a beta of 2.45. The company’s fifty day moving average price is $3.61 and its two-hundred day moving average price is $4.59. The company has a current ratio of 3.80, a quick ratio of 3.80 and a debt-to-equity ratio of 0.02.

Hedge Funds Weigh In On Phunware

Several large investors have recently added to or reduced their stakes in the business. Geode Capital Management LLC increased its holdings in 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 purchasing an additional 100,010 shares in the last quarter. Soviero Asset Management LP purchased a new position 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 raised 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 buying an additional 33,922 shares during the last quarter. Finally, Marshall Wace LLP bought a new position in Phunware during the 4th quarter valued at $122,000. 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.