Roth Capital Issues Optimistic Outlook for Phunware Earnings

Phunware, Inc. (NASDAQ:PHUN) – Research analysts at Roth Capital boosted their Q1 2025 EPS estimates for shares of Phunware in a research report issued on Monday, March 24th. Roth Capital analyst D. Aftahi now expects that the company will earn ($0.17) per share for the quarter, up from their previous forecast 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 reduced their price target on 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 %

Phunware stock opened at $3.09 on Thursday. The company has a quick ratio of 3.80, a current ratio of 3.80 and a debt-to-equity ratio of 0.02. The firm has a market cap of $62.33 million, a P/E ratio of -3.22 and a beta of 2.45. The business has a fifty day moving average of $3.56 and a two-hundred day moving average of $4.58. Phunware has a twelve month low of $2.70 and a twelve month high of $14.60.

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

Institutional Inflows and Outflows

A number of institutional investors and hedge funds have recently modified their holdings of the company. Geode Capital Management LLC lifted its position in Phunware by 87.9% during the fourth quarter. Geode Capital Management LLC now owns 213,777 shares of the company’s stock valued at $1,112,000 after acquiring an additional 100,010 shares during the last quarter. Soviero Asset Management LP acquired a new position in shares of Phunware during the fourth quarter worth $520,000. Two Sigma Investments LP purchased a new stake in shares of Phunware during the 4th quarter valued at $392,000. Northern Trust Corp boosted its position 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 purchasing an additional 33,922 shares in the last quarter. Finally, Marshall Wace LLP purchased a new position in Phunware during the 4th quarter worth $122,000. 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.