Phunware (PHUN) Expected to Announce Earnings on Thursday

Phunware (NASDAQ:PHUN) is anticipated to issue its Q1 2025 quarterly earnings data before the market opens on Thursday, May 8th. Analysts expect the company to announce earnings of ($0.13) per share and revenue of $0.60 million for the quarter.

Phunware (NASDAQ:PHUN) last posted its quarterly earnings results on Thursday, March 20th. The company reported ($0.06) earnings per share (EPS) for the quarter, topping 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 analyst estimates of $0.93 million. On average, analysts expect Phunware to post $-1 EPS for the current fiscal year and $-1 EPS for the next fiscal year.

Phunware Stock Down 1.0 %

NASDAQ PHUN opened at $2.86 on Wednesday. The business has a fifty day moving average price of $2.84 and a two-hundred day moving average price of $4.34. The stock has a market capitalization of $57.69 million, a PE ratio of -2.98 and a beta of 2.58. Phunware has a fifty-two week low of $2.22 and a fifty-two week high of $14.60. The company has a debt-to-equity ratio of 0.02, a current ratio of 3.80 and a quick ratio of 3.80.

Wall Street Analyst Weigh In

PHUN has been the topic of several research analyst reports. HC Wainwright reduced their price objective on Phunware from $6.00 to $3.00 and set a “neutral” rating on the stock in a research note on Monday, March 24th. Ascendiant Capital Markets reduced their price target on shares of Phunware from $13.00 to $12.00 and set a “buy” rating on the stock in a research note on Monday, April 21st. Finally, Roth Capital set a $4.50 price target on shares of Phunware in a report on Monday, March 24th.

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.