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

Phunware, Inc. (NASDAQ:PHUN) – Stock analysts at HC Wainwright issued their Q1 2025 earnings per share (EPS) estimates for Phunware in a note issued to investors on Monday, March 24th. HC Wainwright analyst S. Buck forecasts that the company will post earnings of ($0.08) per share for the quarter. HC Wainwright 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 Performance

NASDAQ PHUN opened at $3.07 on Tuesday. The company has a market capitalization of $61.92 million, a price-to-earnings ratio of -3.20 and a beta of 2.45. The company has a quick ratio of 3.80, a current ratio of 3.80 and a debt-to-equity ratio of 0.02. Phunware has a twelve month low of $2.70 and a twelve month high of $14.60. The stock has a fifty day simple moving average of $3.70 and a 200 day simple moving average of $4.60.

Phunware (NASDAQ:PHUN) last released its quarterly earnings data on Thursday, March 20th. The company reported ($0.06) earnings per share (EPS) for the quarter, beating the consensus estimate 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 the consensus estimate of $0.93 million.

Hedge Funds Weigh In On Phunware

A number of institutional investors and hedge funds have recently made changes to their positions in PHUN. Soviero Asset Management LP bought a new stake in Phunware during the 4th quarter valued at $520,000. Two Sigma Investments LP purchased a new position in Phunware in the fourth quarter worth $392,000. Millennium Management LLC purchased a new stake in shares of Phunware during the 4th quarter valued at $57,000. Schonfeld Strategic Advisors LLC bought a new stake in shares of Phunware during the 4th quarter worth $85,000. Finally, Northern Trust Corp boosted its holdings in shares of Phunware by 285.4% in the 4th quarter. Northern Trust Corp now owns 45,809 shares of the company’s stock worth $238,000 after buying an additional 33,922 shares during the last quarter. Institutional investors 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.