What is HC Wainwright’s Forecast for Phunware Q1 Earnings?

Phunware, Inc. (NASDAQ:PHUN) – Equities researchers at HC Wainwright issued their Q1 2025 EPS estimates for Phunware in a research report issued on Monday, March 24th. HC Wainwright analyst S. Buck expects that the company will post earnings of ($0.08) per share for the quarter. HC Wainwright currently has a “Neutral” rating and a $3.00 price target on the stock. The consensus estimate for Phunware’s current full-year earnings is ($0.97) per share. HC Wainwright also issued estimates for Phunware’s Q2 2025 earnings at ($0.09) EPS, Q3 2025 earnings at ($0.09) EPS and Q4 2025 earnings at ($0.12) EPS.

Phunware Stock Up 6.8 %

Shares of NASDAQ:PHUN opened at $3.28 on Tuesday. The company has a 50 day moving average price of $3.66 and a two-hundred day moving average price of $4.60. The company has a debt-to-equity ratio of 0.02, a quick ratio of 3.80 and a current ratio of 3.80. The company has a market capitalization of $66.16 million, a PE ratio of -3.42 and a beta of 2.45. Phunware has a 52 week low of $2.70 and a 52 week 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, 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 analysts’ expectations of $0.93 million.

Hedge Funds Weigh In On Phunware

Institutional investors have recently modified their holdings of the business. Soviero Asset Management LP bought a new stake in Phunware during the 4th quarter worth approximately $520,000. Two Sigma Investments LP acquired a new position in shares of Phunware in the fourth quarter valued at approximately $392,000. Millennium Management LLC bought a new stake in shares of Phunware during the fourth quarter worth $57,000. Schonfeld Strategic Advisors LLC acquired a new stake in shares of Phunware during the fourth quarter worth $85,000. Finally, Northern Trust Corp raised its holdings in shares of Phunware by 285.4% during the fourth quarter. Northern Trust Corp now owns 45,809 shares of the company’s stock worth $238,000 after acquiring an additional 33,922 shares during the period. 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.