Funko (NASDAQ:FNKO) Upgraded at DA Davidson

Funko (NASDAQ:FNKO) was upgraded by stock analysts at DA Davidson to a “strong-buy” rating in a research note issued to investors on Thursday,Zacks.com reports. DA Davidson also issued estimates for Funko’s Q2 2025 earnings at ($0.23) EPS and FY2026 earnings at $0.38 EPS.

Separately, The Goldman Sachs Group upgraded Funko from a “sell” rating to a “neutral” rating and cut their price objective for the stock from $7.00 to $5.50 in a research report on Wednesday.

Funko Price Performance

FNKO stock opened at $4.24 on Thursday. The company has a market capitalization of $231.23 million, a P/E ratio of -8.83 and a beta of 0.85. The business has a 50 day simple moving average of $5.34 and a 200-day simple moving average of $9.97. The company has a current ratio of 0.96, a quick ratio of 0.64 and a debt-to-equity ratio of 0.44. Funko has a twelve month low of $3.50 and a twelve month high of $14.65.

Funko (NASDAQ:FNKO) last released its earnings results on Thursday, May 8th. The company reported ($0.33) earnings per share (EPS) for the quarter, beating analysts’ consensus estimates of ($0.43) by $0.10. Funko had a negative return on equity of 3.44% and a negative net margin of 2.29%. The business had revenue of $190.74 million for the quarter, compared to analyst estimates of $191.96 million. During the same quarter in the previous year, the company posted ($0.17) earnings per share. The company’s revenue for the quarter was down 11.6% compared to the same quarter last year. As a group, equities analysts anticipate that Funko will post -0.12 EPS for the current year.

Insider Transactions at Funko

In other Funko news, Director Jason Harinstein bought 15,000 shares of the business’s stock in a transaction on Monday, March 17th. The stock was bought at an average price of $7.09 per share, for a total transaction of $106,350.00. Following the completion of the transaction, the director now owns 15,000 shares in the company, valued at approximately $106,350. The trade was a ∞ increase in their position. The transaction was disclosed in a document filed with the Securities & Exchange Commission, which is available through this hyperlink. Also, insider Andrew David Oddie sold 3,867 shares of the company’s stock in a transaction dated Friday, March 7th. The shares were sold at an average price of $8.87, for a total transaction of $34,300.29. Following the completion of the sale, the insider now directly owns 23,200 shares in the company, valued at $205,784. This trade represents a 14.29% decrease in their position. The disclosure for this sale can be found here. Insiders have sold 43,344 shares of company stock valued at $287,246 in the last quarter. 4.81% of the stock is currently owned by corporate insiders.

Institutional Inflows and Outflows

Hedge funds have recently modified their holdings of the business. Marshall Wace LLP lifted its stake in Funko by 384.3% in the 4th quarter. Marshall Wace LLP now owns 1,542,440 shares of the company’s stock valued at $20,653,000 after buying an additional 1,223,939 shares in the last quarter. Assenagon Asset Management S.A. raised its holdings in shares of Funko by 952.8% in the first quarter. Assenagon Asset Management S.A. now owns 1,235,437 shares of the company’s stock worth $8,475,000 after acquiring an additional 1,118,090 shares during the last quarter. Divisadero Street Capital Management LP purchased a new stake in shares of Funko in the fourth quarter valued at $13,783,000. ING Groep NV acquired a new stake in shares of Funko during the first quarter valued at $6,860,000. Finally, SG Americas Securities LLC increased its position in Funko by 5,429.1% during the 1st quarter. SG Americas Securities LLC now owns 1,011,493 shares of the company’s stock worth $6,939,000 after purchasing an additional 993,199 shares in the last quarter. 99.15% of the stock is owned by hedge funds and other institutional investors.

About Funko

Funko, Inc, a pop culture consumer products company, designs, sources, and distributes licensed pop culture products in the United States, Europe, and internationally. The company provides media and entertainment content, including movies, television (TV) shows, video games, music, and sports; figures, handbags, backpacks, wallets, apparel, accessories, plush products, homewares, and digital non-fungible tokens; and art prints and vinyl records, posters, soundtracks, toys, books, games, and other collectibles.