Q2 Earnings Forecast for WidePoint Issued By HC Wainwright

WidePoint Corporation (NYSEAMERICAN:WYY) – HC Wainwright issued their Q2 2026 EPS estimates for shares of WidePoint in a note issued to investors on Monday, March 30th. HC Wainwright analyst S. Buck expects that the technology company will earn ($0.01) per share for the quarter. HC Wainwright currently has a “Buy” rating and a $9.00 target price on the stock. The consensus estimate for WidePoint’s current full-year earnings is ($0.26) per share.

WidePoint Trading Up 7.3%

Shares of NYSEAMERICAN WYY opened at $4.99 on Tuesday. The company has a market capitalization of $49.25 million, a P/E ratio of -17.21 and a beta of 1.46. WidePoint has a 12 month low of $2.19 and a 12 month high of $7.55. The stock has a 50 day moving average of $5.27 and a 200-day moving average of $5.83.

Hedge Funds Weigh In On WidePoint

A number of hedge funds and other institutional investors have recently added to or reduced their stakes in WYY. Ritholtz Wealth Management bought a new stake in shares of WidePoint during the 4th quarter worth about $79,000. NewEdge Advisors LLC bought a new position in WidePoint in the 2nd quarter valued at about $74,000. O Shaughnessy Asset Management LLC acquired a new stake in WidePoint during the fourth quarter worth approximately $152,000. Jane Street Group LLC lifted its position in WidePoint by 98.6% during the fourth quarter. Jane Street Group LLC now owns 52,751 shares of the technology company’s stock worth $283,000 after acquiring an additional 26,193 shares during the last quarter. Finally, Vanguard Group Inc. boosted its holdings in shares of WidePoint by 2.4% during the third quarter. Vanguard Group Inc. now owns 376,513 shares of the technology company’s stock worth $1,862,000 after acquiring an additional 8,850 shares during the period. 22.60% of the stock is owned by institutional investors.

About WidePoint

WidePoint Corporation (NYSE American: WYY) is a provider of secure mobility management and identity management solutions. Headquartered in Reston, Virginia, the company delivers a range of managed services designed to help organizations control and secure their telecommunications and IT environments. Since its inception in the late 1990s, WidePoint has focused on helping businesses and government agencies optimize their mobile device portfolios and ensure regulatory compliance.

WidePoint’s core offerings include mobile device management, telecom expense management, and unified endpoint security.