FY2026 Earnings Forecast for Phunware Issued By Roth Capital

Phunware, Inc. (NASDAQ:PHUN) – Equities research analysts at Roth Capital issued their FY2026 earnings per share estimates for Phunware in a research note issued to investors on Monday, March 24th. Roth Capital analyst D. Aftahi forecasts that the company will post earnings of ($0.77) per share for the year. The consensus estimate for Phunware’s current full-year earnings is ($0.97) per share.

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

Phunware Trading Down 4.3 %

NASDAQ:PHUN opened at $3.14 on Wednesday. The company has a 50-day moving average price of $3.61 and a 200-day moving average price of $4.59. The stock has a market cap of $63.34 million, a price-to-earnings ratio of -3.27 and a beta of 2.45. The company has a current ratio of 3.80, a quick ratio of 3.80 and a debt-to-equity ratio of 0.02. Phunware has a 12 month low of $2.70 and a 12 month high of $14.60.

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

Institutional Inflows and Outflows

A number of institutional investors and hedge funds have recently made changes to their positions in PHUN. Millennium Management LLC purchased a new stake in Phunware in the fourth quarter worth $57,000. Schonfeld Strategic Advisors LLC bought a new stake in shares of Phunware during the 4th quarter valued at $85,000. Dimensional Fund Advisors LP bought a new stake in shares of Phunware during the 4th quarter valued at $89,000. Marshall Wace LLP purchased a new stake in shares of Phunware in the 4th quarter worth about $122,000. Finally, Northern Trust Corp increased its stake in shares of Phunware by 285.4% in the 4th quarter. Northern Trust Corp now owns 45,809 shares of the company’s stock worth $238,000 after acquiring an additional 33,922 shares in the last quarter. 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.