Roth Capital Analysts Raise Earnings Estimates for Phunware

Phunware, Inc. (NASDAQ:PHUN) – Stock analysts at Roth Capital upped their Q1 2025 earnings per share (EPS) estimates for shares of Phunware in a report released 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 previous 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 cut their target price on Phunware from $6.00 to $3.00 and set a “neutral” rating on the stock in a research note on Monday.

Phunware Stock Performance

Phunware stock opened at $3.09 on Thursday. The company has a debt-to-equity ratio of 0.02, a current ratio of 3.80 and a quick ratio of 3.80. The firm has a market capitalization of $62.33 million, a P/E ratio of -3.22 and a beta of 2.45. Phunware has a 1-year low of $2.70 and a 1-year high of $14.60. The company’s 50-day moving average is $3.56 and its 200 day moving average is $4.58.

Phunware (NASDAQ:PHUN) last announced its earnings results on Thursday, March 20th. The company reported ($0.06) earnings per share 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 the consensus estimate of $0.93 million.

Institutional Trading of Phunware

A number of large investors have recently made changes to their positions in the stock. Millennium Management LLC purchased a new position in Phunware in the 4th quarter worth about $57,000. Schonfeld Strategic Advisors LLC bought a new position in Phunware in the 4th quarter worth about $85,000. Dimensional Fund Advisors LP purchased a new position in shares of Phunware during the fourth quarter worth approximately $89,000. Marshall Wace LLP bought a new stake in shares of Phunware during the fourth quarter valued at approximately $122,000. Finally, Northern Trust Corp boosted its holdings in shares of Phunware by 285.4% in the fourth quarter. Northern Trust Corp now owns 45,809 shares of the company’s stock valued at $238,000 after purchasing an additional 33,922 shares during the period. 7.57% of the stock is owned by hedge funds and other 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.