Should I buy or sell Phunware stock right now?

3 Wall Street equities research analysts have issued "buy," "hold," and "sell" ratings for Phunware in the last twelve months. There are currently 3 buy ratings for the stock. The consensus among Wall Street equities research analysts is that investors should "buy" PHUN shares. View PHUN analyst ratings or view top-rated stocks .

What is Phunware's stock price target for 2024?

3 Wall Street research analysts have issued 12-month price targets for Phunware's stock. Their PHUN share price targets range from $12.00 to $25.00. On average, they expect the company's share price to reach $19.00 in the next twelve months. This suggests a possible upside of 181.1% from the stock's current price. View analysts price targets for PHUN or view top-rated stocks among Wall Street analysts .

How have PHUN shares performed in 2024?

Phunware's stock was trading at $4.10 on January 1st, 2024. Since then, PHUN shares have increased by 64.9% and is now trading at $6.76. View the best growth stocks for 2024 here .

When is Phunware's next earnings date?

The company is scheduled to release its next quarterly earnings announcement on Thursday, May 9th 2024. View our PHUN earnings forecast .

How were Phunware's earnings last quarter?

Phunware, Inc. (NASDAQ:PHUN) issued its quarterly earnings data on Thursday, August, 10th. The company reported ($3.00) EPS for the quarter, topping the consensus estimate of ($3.50) by $0.50. The business earned $3.49 million during the quarter, compared to the consensus estimate of $4.85 million. Phunware had a negative trailing twelve-month return on equity of 360.44% and a negative net margin of 257.36%. During the same quarter in the previous year, the firm posted ($2.50) EPS.

When did Phunware's stock split?

Phunware's stock reverse split on Tuesday, February 27th 2024. The 1-50 reverse split was announced on Tuesday, February 27th 2024. The number of shares owned by shareholders was adjusted after the market closes on Tuesday, February 27th 2024. An investor that had 100 shares of stock prior to the reverse split would have 2 shares after the split.

What is Alan S. Knitowski's approval rating as Phunware's CEO?

65 employees have rated Phunware Chief Executive Officer Alan S. Knitowski on Glassdoor.com . Alan S. Knitowski has an approval rating of 51% among the company's employees. This puts Alan S. Knitowski in the bottom 25% of approval ratings compared to other CEOs of publicly-traded companies.

What other stocks do shareholders of Phunware own?

Based on aggregate information from My MarketBeat watchlists, some companies that other Phunware investors own include Biocept (BIOC) , NIO (NIO) , OPKO Health (OPK) , Vaxart (VXRT) , Outlook Therapeutics (OTLK) , Sorrento Therapeutics (SRNE) , Advanced Micro Devices (AMD) , Bionano Genomics (BNGO) , Acasti Pharma (ACST) and Boeing (BA) .

How do I buy shares of Phunware?

Shares of PHUN stock can be purchased through any online brokerage account. Popular online brokerages with access to the U.S. stock market include Charles Schwab, E*TRADE, Fidelity, and Vanguard Brokerage Services. Compare Top Brokerages Here .

NASDAQ:PHUN

Phunware (PHUN) Stock Price, News & Analysis

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Free PHUN Stock Alerts

$6.80

+0.80 (+13.33%)

(As of 02:31 PM ET)

Compare

Today's Range: $5.95
▼
$7.04
50-Day Range: $6.00
▼
$18.52
52-Week Range: $3.50
▼
$34.50

Volume: 707,268 shs
Average Volume: 3.73 million shs
Market Capitalization: $54.60 million

P/E Ratio: N/A
Dividend Yield: N/A
Price Target: $19.00

Get Phunware alerts:

Phunware MarketRank™ Stock Analysis

Analyst Rating: Buy
3.00 Rating Score
Upside/Downside: 181.1% Upside
$19.00 Price Target
Short Interest: Bearish
14.32% of Shares Sold Short
Dividend Strength: N/A
Sustainability: N/A
News Sentiment: N/A
Insider Trading: Acquiring Shares
$40,120 Bought Last Quarter
Proj. Earnings Growth: Growing
From ($1.66) to ($1.52) Per Share

Overall MarketRank^™

New Rank-Based ScoringMarketRank^™ is calculated by averaging available category scores (with extra weight given to analysis and valuation), then ranking the company's weighted average against that of other companies.

1.35 out of 5 stars

Computer And Technology Sector

493rd out of 585 stocks

Data Processing & Preparation Industry

46th out of 59 stocks

3.5

Analyst's Opinion

Consensus Rating
Phunware has received a consensus rating of Buy. The company's average rating score is 3.00, and is based on 3 buy ratings, no hold ratings, and no sell ratings.
Amount of Analyst Coverage
Phunware has only been the subject of 3 research reports in the past 90 days.

2.0

Short Interest

Percentage of Shares Shorted
14.32% of the outstanding shares of Phunware have been sold short.
Short Interest Ratio / Days to Cover
Phunware has a short interest ratio ("days to cover") of 0.3, which is generally considered an acceptable ratio of short interest to trading volume.
Change versus previous month
Short interest in Phunware has recently increased by 5.50%, indicating that investor sentiment is decreasing significantly.

0.0

Dividend Strength

Dividend Yield
Phunware does not currently pay a dividend.
Dividend Growth
Phunware does not have a long track record of dividend growth.

N/A

Sustainability and ESG

Overall ESG (Environmental, Social, and Governance) Score
There is no current Upright™ data available for PHUN.

0.8

News and Social Media Coverage

News Sentiment
Phunware has a news sentiment score of -0.50. This score is calculated as an average of sentiment of articles about the company over the last seven days and ranges from 2 (good news) to -2 (bad news). This is a lower news sentiment than the 0.49 average news sentiment score of Computer and Technology companies.
News Coverage This Week
MarketBeat has tracked 1 news article for Phunware this week, compared to 1 article on an average week.
Search Interest
Only 16 people have searched for PHUN on MarketBeat in the last 30 days. This is a decrease of -79% compared to the previous 30 days.
MarketBeat Follows
Only 13 people have added Phunware to their MarketBeat watchlist in the last 30 days. This is a decrease of -61% compared to the previous 30 days.

1.7

Company Ownership

Insider Buying vs. Insider Selling
In the past three months, Phunware insiders have bought more of their company's stock than they have sold. Specifically, they have bought $40,120.00 in company stock and sold $0.00 in company stock.
Percentage Held by Insiders
Only 1.20% of the stock of Phunware is held by insiders.
Percentage Held by Institutions
Only 7.57% of the stock of Phunware is held by institutions.

0.6

Earnings and Valuation

Earnings Growth
Earnings for Phunware are expected to grow in the coming year, from ($1.66) to ($1.52) per share.
Price to Earnings Ratio vs. the Market
The P/E ratio of Phunware is -0.37, which means that its earnings are negative and its P/E ratio cannot be compared to companies with positive earnings.
Price to Earnings Ratio vs. Sector
The P/E ratio of Phunware is -0.37, which means that its earnings are negative and its P/E ratio cannot be compared to companies with positive earnings.

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About Phunware Stock (NASDAQ:PHUN)

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. It is also involved in the integration of its SDK licenses into existing applications maintained by its customers, as well as custom application development and support services; and provision of cloud-based vertical solutions for healthcare, retail, sports, aviation, real estate, hospitality, education, and other applications, as well as application transactions, including re-occurring and one-time transactional media purchases for application discovery, user acquisition and audience building, audience engagement, and audience monetization. Phunware, Inc. was founded in 2009 and is headquartered in Austin, Texas.

PHUN Stock Price History

30 days | 90 days | 365 days | Advanced Chart

PHUN Stock News Headlines

March 22, 2024 | insidertrades.com

Troy Lee Reisner Acquires 2,000 Shares of Phunware, Inc. (NASDAQ:PHUN) Stock

April 16, 2024 | finance.yahoo.com

Phunware, Inc. (PHUN) Interactive Stock Chart - Yahoo Finance

April 18, 2024 | DTI (Ad)

Biden’s $374B Giveaway Into This Sector

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April 4, 2024 | msn.com

UBS Defeats Spoofing Suit by Trump 2020 Campaign App Maker

March 21, 2024 | msn.com

Trump-Linked Phunware Stock Nears A Golden Cross: What Investors Should Know

March 18, 2024 | msn.com

PHUN Stock Earnings: Phunware Misses EPS, Misses Revenue for Q4 2023

March 15, 2024 | markets.businessinsider.com

Ulta's Strategic Moves And Market Share Poise Spark Optimism, Analysts Elevate Forecasts Post-Q4 Triumph

March 15, 2024 | finance.yahoo.com

Don Lemon Says Elon Musk Canceled His Partnership With X, Which Was Originally A Part Of Its Commitment To Amplify ‘More Diverse Voices’

April 18, 2024 | DTI (Ad)

Biden’s $374B Giveaway Into This Sector

Biden’s Climate Bill Could Send Your Retirement Accounts Soaring – Or Diving See what this $374B giveaway could mean for your retirement right here

March 14, 2024 | finance.yahoo.com

PHUN Mar 2024 2.000 put

March 13, 2024 | msn.com

What's Going On With Block Stock?

March 13, 2024 | finance.yahoo.com

Phunware, Inc. (NASDAQ:PHUN) Q4 2023 Earnings Call Transcript

March 13, 2024 | ft.com

Are penny stocks getting the memestock treatment?

March 13, 2024 | ft.com

Transcript: Are penny stocks getting the memestock treatment?

March 12, 2024 | msn.com

Phunware's Stock Slips After Q4 EPS Miss - Here's Why

March 12, 2024 | proactiveinvestors.com

Phunware improves balance sheet in 2023 to prepare for growth initiatives

March 12, 2024 | globenewswire.com

Phunware Reports Full Year 2023 Financial Results

March 6, 2024 | globenewswire.com

Phunware to Participate in the 36th Annual ROTH Conference

March 6, 2024 | msn.com

Trump-Linked Phunware, Apple, SoFi, Crowdstrike, Alibaba — Why These Stocks Are On Investors' Radars Today

March 5, 2024 | investorplace.com

PHUN Stock Alert: Phunware Is Getting a ‘Super’ Tuesday Boost

March 5, 2024 | investorplace.com

PHUN Stock Alert: Phunware Is Getting a ‘Super' Tuesday Boost

March 4, 2024 | msn.com

Why Trump-Linked Phunware Stock Is Shooting Higher

March 4, 2024 | investorplace.com

Why Is Phunware (PHUN) Stock Up 100% Today?

March 4, 2024 | globenewswire.com

Phunware Sets Fourth Quarter and Full Year 2023 Earnings Call for Tuesday, March 12, 2024 at 4:30 PM ET

February 27, 2024 | proactiveinvestors.com

Phunware boosts hospitality offerings through new partnership

February 24, 2024 | msn.com

Phunware (PHUN) Price Target Increased by 11.29% to 0.88

February 23, 2024 | investorplace.com

PHUN Stock Alert: Phunware Plunges on 1-for-50 Reverse Stock Split

See More Headlines

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Company Calendar

Last Earnings: 8/10/2023
Today: 4/18/2024
Next Earnings (Estimated): 5/09/2024
Fiscal Year End: 12/31/2024

Get Stock Alerts

Industry, Sector and Symbol

Stock Exchange: NASDAQ
Sector: Computer and Technology
Industry: Data processing & preparation
Sub-Industry: N/A
Current Symbol: NASDAQ:PHUN
CUSIP: N/A
CIK: 1665300
Web: www.phunware.com
Phone: (512) 693-4199
Fax: N/A
Employees: 25
Year Founded: N/A

Price Target and Rating

Average Stock Price Target: $19.00
High Stock Price Target: $25.00
Low Stock Price Target: $12.00
Potential Upside/Downside: +181.1%
Consensus Rating: Buy
Rating Score (0-4): 3.00
Research Coverage: 3 Analysts

Profitability

EPS (Most Recent Fiscal Year): ($18.50)
Trailing P/E Ratio: N/A
Forward P/E Ratio: N/A
P/E Growth: N/A
Net Income: $-52,780,000.00
Net Margins: -257.36%
Pretax Margin: -867.45%
Return on Equity: -360.44%
Return on Assets: -104.17%

Debt

Debt-to-Equity Ratio: 0.35
Current Ratio: 0.30
Quick Ratio: 0.30

Sales & Book Value

Annual Sales: $4.83 million
Price / Sales: 11.24
Cash Flow: N/A
Price / Cash Flow: N/A
Book Value: ($2.04) per share
Price / Book: -3.31

Miscellaneous

Outstanding Shares: 8,030,000
Free Float: 7,931,000
Market Cap: $54.28 million
Optionable: Optionable
Beta: 2.43

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Key Executives

Mr. Michael Snavely (Age 55)
CEO & Director
Comp: $120.51k
Mr. Troy Lee Reisner (Age 57)
Chief Financial Officer
Comp: $416.85k
Mr. Christopher D. Olive (Age 54)
Executive VP, General Counsel & Chief Legal Officer
Comp: $326.63k
Mr. Brendhan Botkin
Head of Investor Relations
Jeremy Kidd
Senior VP of Sales & Marketing

Key Competitors

View All Competitors

Insiders & Institutions

View All Insider Transactions
View All Institutional Transactions

PHUN Stock Analysis - Frequently Asked Questions

Should I buy or sell Phunware stock right now?: 3 Wall Street equities research analysts have issued "buy," "hold," and "sell" ratings for Phunware in the last twelve months. There are currently 3 buy ratings for the stock. The consensus among Wall Street equities research analysts is that investors should "buy" PHUN shares.
View PHUN analyst ratings or view top-rated stocks.
What is Phunware's stock price target for 2024?: 3 Wall Street research analysts have issued 12-month price targets for Phunware's stock. Their PHUN share price targets range from $12.00 to $25.00. On average, they expect the company's share price to reach $19.00 in the next twelve months. This suggests a possible upside of 181.1% from the stock's current price.
View analysts price targets for PHUN or view top-rated stocks among Wall Street analysts.
How have PHUN shares performed in 2024?: Phunware's stock was trading at $4.10 on January 1st, 2024. Since then, PHUN shares have increased by 64.9% and is now trading at $6.76.
View the best growth stocks for 2024 here.
When is Phunware's next earnings date?: The company is scheduled to release its next quarterly earnings announcement on Thursday, May 9th 2024.
View our PHUN earnings forecast.
How were Phunware's earnings last quarter?: Phunware, Inc. (NASDAQ:PHUN) issued its quarterly earnings data on Thursday, August, 10th. The company reported ($3.00) EPS for the quarter, topping the consensus estimate of ($3.50) by $0.50. The business earned $3.49 million during the quarter, compared to the consensus estimate of $4.85 million. Phunware had a negative trailing twelve-month return on equity of 360.44% and a negative net margin of 257.36%. During the same quarter in the previous year, the firm posted ($2.50) EPS.

When did Phunware's stock split?: Phunware's stock reverse split on Tuesday, February 27th 2024. The 1-50 reverse split was announced on Tuesday, February 27th 2024. The number of shares owned by shareholders was adjusted after the market closes on Tuesday, February 27th 2024. An investor that had 100 shares of stock prior to the reverse split would have 2 shares after the split.
What is Alan S. Knitowski's approval rating as Phunware's CEO?: 65 employees have rated Phunware Chief Executive Officer Alan S. Knitowski on Glassdoor.com. Alan S. Knitowski has an approval rating of 51% among the company's employees. This puts Alan S. Knitowski in the bottom 25% of approval ratings compared to other CEOs of publicly-traded companies.
What other stocks do shareholders of Phunware own?: Based on aggregate information from My MarketBeat watchlists, some companies that other Phunware investors own include Biocept (BIOC), NIO (NIO), OPKO Health (OPK), Vaxart (VXRT), Outlook Therapeutics (OTLK), Sorrento Therapeutics (SRNE), Advanced Micro Devices (AMD), Bionano Genomics (BNGO), Acasti Pharma (ACST) and Boeing (BA).
How do I buy shares of Phunware?: Shares of PHUN stock can be purchased through any online brokerage account. Popular online brokerages with access to the U.S. stock market include Charles Schwab, E*TRADE, Fidelity, and Vanguard Brokerage Services.
Compare Top Brokerages Here.

This page (NASDAQ:PHUN) was last updated on 4/18/2024 by MarketBeat.com Staff

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