Phunware, Inc. (NASDAQ:PHUN) Forecasted to Post Q1 2025 Earnings of ($0.34) Per Share

Phunware, Inc. (NASDAQ:PHUN) – Investment analysts at Taglich Brothers issued their Q1 2025 EPS estimates for shares of Phunware in a report issued on Tuesday, March 19th. Taglich Brothers analyst H. Halpern anticipates that the company will earn ($0.34) per share for the quarter. The consensus estimate for Phunware’s current full-year earnings is ($2.86) per share. Taglich Brothers also issued estimates for Phunware’s Q2 2025 earnings at ($0.32) EPS, Q3 2025 earnings at ($0.28) EPS and Q4 2025 earnings at ($0.27) EPS.

Other analysts also recently issued research reports about the stock. Roth Mkm reaffirmed a “buy” rating and issued a $20.00 price objective (down previously from $25.00) on shares of Phunware in a research report on Wednesday, March 13th. HC Wainwright increased their price objective on shares of Phunware to $12.00 and gave the company a “buy” rating in a research report on Wednesday, March 13th.

Phunware Stock Down 5.0 %

PHUN opened at $9.51 on Thursday. The firm has a 50 day moving average price of $13.12 and a 200 day moving average price of $9.50. The company has a market cap of $76.37 million, a PE ratio of -0.51 and a beta of 2.38. Phunware has a 1 year low of $3.50 and a 1 year high of $38.44. The company has a debt-to-equity ratio of 0.35, a quick ratio of 0.25 and a current ratio of 0.30.

Hedge Funds Weigh In On Phunware

A number of large investors have recently made changes to their positions in the business. Vanguard Group Inc. increased its holdings in shares of Phunware by 1.5% in the 3rd quarter. Vanguard Group Inc. now owns 4,092,932 shares of the company’s stock valued at $4,830,000 after purchasing an additional 61,557 shares during the period. BlackRock Inc. grew its stake in shares of Phunware by 1.3% in the 1st quarter. BlackRock Inc. now owns 1,343,686 shares of the company’s stock valued at $954,000 after buying an additional 17,357 shares in the last quarter. Geode Capital Management LLC grew its stake in shares of Phunware by 5.0% in the 1st quarter. Geode Capital Management LLC now owns 944,966 shares of the company’s stock valued at $671,000 after buying an additional 45,342 shares in the last quarter. Natixis grew its stake in shares of Phunware by 6.0% in the 4th quarter. Natixis now owns 530,000 shares of the company’s stock valued at $413,000 after buying an additional 30,000 shares in the last quarter. Finally, State Street Corp grew its stake in shares of Phunware by 39.4% in the 1st quarter. State Street Corp now owns 279,704 shares of the company’s stock valued at $778,000 after buying an additional 79,029 shares in the last quarter. Institutional investors and hedge funds own 7.57% of the company’s stock.

Phunware Company Profile

Phunware, Inc, together with its subsidiaries, offers 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 cloud-based mobile software that licenses in software development kits (SDKs) form utilized inside mobile applications, such as analytics that provides 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; marketing automation that enables location-triggered messages and workflow; advertising; and location-based services that include mapping, navigation, wayfinding, workflow, asset management, and policy enforcement.