Roth Capital Has Bullish Estimate for Phunware Q1 Earnings

Phunware, Inc. (NASDAQ:PHUN) – Research analysts at Roth Capital upped their Q1 2025 earnings estimates for shares of Phunware in a research report issued on Monday, March 24th. Roth Capital analyst D. Aftahi now anticipates that the company will post earnings of ($0.17) per share for the quarter, up from their prior estimate of ($0.38). The consensus estimate for Phunware’s current full-year earnings is ($0.97) per share. Roth Capital also issued estimates for Phunware’s Q2 2025 earnings at ($0.18) EPS, Q3 2025 earnings at ($0.18) EPS, Q4 2025 earnings at ($0.18) EPS and FY2025 earnings at ($0.71) EPS.

Separately, HC Wainwright dropped their price target on Phunware from $6.00 to $3.00 and set a “neutral” rating on the stock in a research note on Monday, March 24th.

Phunware Stock Down 4.5 %

Shares of NASDAQ:PHUN opened at $2.95 on Thursday. The business’s 50-day moving average is $3.51 and its 200-day moving average is $4.57. Phunware has a 1 year low of $2.70 and a 1 year high of $14.60. The company has a market capitalization of $59.50 million, a price-to-earnings ratio of -3.07 and a beta of 2.45. 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 (NASDAQ:PHUN) last released its earnings results on Thursday, March 20th. The company reported ($0.06) earnings per share (EPS) for the quarter, beating the consensus estimate of ($0.18) by $0.12. Phunware had a negative net margin of 867.61% and a negative return on equity of 244.22%. The business had revenue of $0.99 million for the quarter, compared to analyst estimates of $0.93 million.

Institutional Inflows and Outflows

Several institutional investors and hedge funds have recently bought and sold shares of the stock. Geode Capital Management LLC raised its holdings in shares of Phunware by 36.6% during the third quarter. Geode Capital Management LLC now owns 113,767 shares of the company’s stock valued at $389,000 after purchasing an additional 30,507 shares during the period. Marshall Wace LLP bought a new stake in Phunware in the 4th quarter valued at about $122,000. Dimensional Fund Advisors LP bought a new stake in Phunware in the 4th quarter valued at about $89,000. Northern Trust Corp raised its stake in Phunware by 285.4% during the 4th quarter. Northern Trust Corp now owns 45,809 shares of the company’s stock worth $238,000 after buying an additional 33,922 shares during the period. Finally, Schonfeld Strategic Advisors LLC bought a new position in Phunware in the fourth quarter worth approximately $85,000. 7.57% of the stock is owned by 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.