Brokers Set Expectations for Phunware FY2026 Earnings

Phunware, Inc. (NASDAQ:PHUN) – Roth Capital issued their FY2026 EPS estimates for shares of Phunware in a report released on Monday, March 24th. Roth Capital analyst D. Aftahi forecasts that the company will earn ($0.77) per share for the year. The consensus estimate for Phunware’s current full-year earnings is ($0.97) per share.

Phunware (NASDAQ:PHUN) last announced its quarterly earnings results on Thursday, March 20th. The company reported ($0.06) EPS for the quarter, beating 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 during the quarter, compared to analyst estimates of $0.93 million.

Separately, HC Wainwright lowered their price objective on shares of Phunware from $6.00 to $3.00 and set a “neutral” rating for the company in a research report on Monday.

Phunware Stock Down 1.6 %

NASDAQ PHUN opened at $3.09 on Wednesday. The stock has a 50 day moving average price of $3.56 and a 200-day moving average price of $4.58. Phunware has a one year low of $2.70 and a one year high of $14.60. The company has a market capitalization of $62.33 million, a P/E ratio of -3.22 and a beta of 2.45. The company has a debt-to-equity ratio of 0.02, a quick ratio of 3.80 and a current ratio of 3.80.

Institutional Investors Weigh In On Phunware

Hedge funds and other institutional investors have recently added to or reduced their stakes in the stock. Millennium Management LLC purchased a new position in shares of Phunware in the 4th quarter worth approximately $57,000. Schonfeld Strategic Advisors LLC purchased a new position in Phunware during the fourth quarter worth $85,000. Dimensional Fund Advisors LP purchased a new position in Phunware during the fourth quarter worth $89,000. Marshall Wace LLP bought a new position in Phunware during the fourth quarter valued at $122,000. Finally, Northern Trust Corp raised its stake in shares of Phunware by 285.4% in the fourth quarter. Northern Trust Corp now owns 45,809 shares of the company’s stock valued at $238,000 after acquiring an additional 33,922 shares during the period. 7.57% of the stock is currently owned by hedge funds and other institutional investors.

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.