What is HC Wainwright’s Forecast for Phunware Q3 Earnings?

Phunware (NASDAQ:PHUN) – Analysts at HC Wainwright decreased their Q3 2025 earnings estimates for shares of Phunware in a research note issued on Thursday, August 14th. HC Wainwright analyst S. Buck now forecasts that the company will post earnings of ($0.13) per share for the quarter, down from their previous forecast of ($0.12). 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 Q4 2025 earnings at ($0.17) EPS, FY2025 earnings at ($0.58) EPS and FY2026 earnings at ($0.58) EPS.

Phunware (NASDAQ:PHUN) last posted its quarterly earnings data on Friday, August 8th. The company reported ($0.16) EPS for the quarter, missing the consensus estimate of ($0.15) by ($0.01). The firm had revenue of $0.46 million for the quarter, compared to the consensus estimate of $0.74 million. Phunware had a negative return on equity of 12.99% and a negative net margin of 510.83%.

Separately, Ascendiant Capital Markets upped their price target on shares of Phunware from $12.00 to $12.50 and gave the company a “buy” rating in a research note on Friday, June 6th.

Phunware Trading Down 2.9%

Shares of Phunware stock opened at $2.67 on Monday. Phunware has a 12-month low of $2.22 and a 12-month high of $14.60. The firm has a market capitalization of $53.91 million, a price-to-earnings ratio of -4.11 and a beta of 2.30. The firm’s 50 day simple moving average is $3.10 and its two-hundred day simple moving average is $3.08.

Institutional Inflows and Outflows

A number of hedge funds have recently bought and sold shares of the stock. Geode Capital Management LLC increased its stake in Phunware by 87.9% during the 4th quarter. Geode Capital Management LLC now owns 213,777 shares of the company’s stock valued at $1,112,000 after purchasing an additional 100,010 shares in the last quarter. Soviero Asset Management LP acquired a new position in Phunware during the 4th quarter valued at approximately $520,000. Two Sigma Investments LP acquired a new position in Phunware during the 4th quarter valued at approximately $392,000. Northern Trust Corp increased its stake in Phunware by 285.4% during the 4th 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 in the last quarter. Finally, Marshall Wace LLP purchased a new stake in shares of Phunware in the 4th quarter valued at $122,000. Institutional investors and hedge funds own 7.57% of the company’s stock.

About Phunware

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.