Should I buy or sell Phunware stock right now?

1 Wall Street analysts have issued "buy," "hold," and "sell" ratings for Phunware in the last year. There are currently 1 buy rating for the stock. The consensus among Wall Street analysts is that investors should "buy" PHUN shares. View PHUN analyst ratings or view top-rated stocks .

What is Phunware's stock price target for 2024?

1 analysts have issued twelve-month price targets for Phunware's stock. Their PHUN share price targets range from $1.00 to $1.00. On average, they predict the company's stock price to reach $1.00 in the next year. This suggests a possible upside of 1,119.5% from the stock's current price. View analysts price targets for PHUN or view top-rated stocks among Wall Street analysts .

How have PHUN shares performed in 2023?

Phunware's stock was trading at $0.7733 at the beginning of the year. Since then, PHUN shares have decreased by 89.4% and is now trading at $0.0820. View the best growth stocks for 2023 here .

When is Phunware's next earnings date?

The company is scheduled to release its next quarterly earnings announcement on Thursday, March 28th 2024. View our PHUN earnings forecast .

How were Phunware's earnings last quarter?

Phunware, Inc. (NASDAQ:PHUN) posted its quarterly earnings results on Thursday, November, 9th. The company reported ($0.05) EPS for the quarter, hitting analysts' consensus estimates of ($0.05). The firm had revenue of $2.79 million for the quarter, compared to analysts' expectations of $3.74 million. Phunware had a negative trailing twelve-month return on equity of 149.96% and a negative net margin of 257.36%.

What is Alan S. Knitowski's approval rating as Phunware's CEO?

65 employees have rated Phunware Chief Executive Officer Alan S. Knitowski on Glassdoor.com . Alan S. Knitowski has an approval rating of 51% among the company's employees. This puts Alan S. Knitowski in the bottom 25% of approval ratings compared to other CEOs of publicly-traded companies.

What other stocks do shareholders of Phunware own?

Based on aggregate information from My MarketBeat watchlists, some companies that other Phunware investors own include Biocept (BIOC) , NIO (NIO) , OPKO Health (OPK) , Vaxart (VXRT) , Outlook Therapeutics (OTLK) , Sorrento Therapeutics (SRNE) , Advanced Micro Devices (AMD) , Bionano Genomics (BNGO) , Acasti Pharma (ACST) and Boeing (BA) .

How do I buy shares of Phunware?

Shares of PHUN stock can be purchased through any online brokerage account. Popular online brokerages with access to the U.S. stock market include Charles Schwab, E*TRADE, Fidelity, and Vanguard Brokerage Services. Compare Top Brokerages Here .

Positive News SentimentPositive News

NASDAQ:PHUN

Phunware (PHUN) Stock Price, News & Analysis

$0.08

-0.01 (-10.87%)

(As of 12/29/2023 ET)

Compare

Today's Range: $0.08
▼
$0.09
50-Day Range: $0.07
▼
$0.19
52-Week Range: $0.07
▼
$1.15

Volume: 9.65 million shs
Average Volume: 6.35 million shs
Market Capitalization: $11.94 million

P/E Ratio: N/A
Dividend Yield: N/A
Price Target: $1.00

Phunware MarketRank™ Stock Analysis

Analyst Rating: Buy
3.00 Rating Score
Upside/Downside: 1,119.5% Upside
$1.00 Price Target
Short Interest: Bearish
8.87% of Shares Sold Short
Dividend Strength: N/A
Sustainability: N/A
News Sentiment: N/A
Insider Trading: N/A
Proj. Earnings Growth: Growing
From ($0.23) to ($0.12) Per Share

Overall MarketRank^™

MarketRank is calculated as an average of available category scores, with extra weight given to analysis and valuation.

1.92 out of 5 stars

Computer And Technology Sector

390th out of 589 stocks

Data Processing & Preparation Industry

35th out of 58 stocks

3.5

Analyst's Opinion

Consensus Rating
Phunware has received a consensus rating of Buy. The company's average rating score is 3.00, and is based on 1 buy rating, no hold ratings, and no sell ratings.
Price Target Upside/Downside
According to analysts' consensus price target of $1.00, Phunware has a forecasted upside of 1,119.5% from its current price of $0.08.
Amount of Analyst Coverage
Phunware has received no research coverage in the past 90 days.

1.0

Short Interest

Percentage of Shares Shorted
8.87% of the outstanding shares of Phunware have been sold short.
Short Interest Ratio / Days to Cover
Phunware has a short interest ratio ("days to cover") of 4.
Change versus previous month
Short interest in Phunware has recently increased by 9.04%, indicating that investor sentiment is decreasing significantly.

0.0

Dividend Strength

Dividend Yield
Phunware does not currently pay a dividend.
Dividend Growth
Phunware does not have a long track record of dividend growth.

N/A

Sustainability and ESG

Overall ESG (Environmental, Social, and Governance) Score
There is no current Upright™ data available for PHUN.

3.3

News and Social Media Coverage

News Sentiment
Phunware has a news sentiment score of 1.89. This score is calculated as an average of sentiment of articles about the company over the last seven days and ranges from 2 (good news) to -2 (bad news). This is a higher news sentiment than the 0.72 average news sentiment score of Computer and Technology companies.
News Coverage This Week
MarketBeat has tracked 1 news article for Phunware this week, compared to 1 article on an average week.
Search Interest
8 people have searched for PHUN on MarketBeat in the last 30 days. This is an increase of 100% compared to the previous 30 days.
MarketBeat Follows
Only 1 people have added Phunware to their MarketBeat watchlist in the last 30 days. This is a decrease of -75% compared to the previous 30 days.

0.0

Company Ownership

Insider Buying vs. Insider Selling
In the past three months, Phunware insiders have not sold or bought any company stock.
Percentage Held by Insiders
Only 1.20% of the stock of Phunware is held by insiders.
Percentage Held by Institutions
Only 7.57% of the stock of Phunware is held by institutions.

1.3

Earnings and Valuation

Earnings Growth
Earnings for Phunware are expected to grow in the coming year, from ($0.23) to ($0.12) per share.
Price to Earnings Ratio vs. the Market
The P/E ratio of Phunware is -0.22, which means that its earnings are negative and its P/E ratio cannot be compared to companies with positive earnings.
Price to Earnings Ratio vs. Sector
The P/E ratio of Phunware is -0.22, which means that its earnings are negative and its P/E ratio cannot be compared to companies with positive earnings.
Price to Book Value per Share Ratio
Phunware has a P/B Ratio of 0.34. P/B Ratios below 1 indicate that a company could be undervalued with respect to its assets and liabilities.

See Top Rated MarketRank™ Stocks Here

About Phunware Stock (NASDAQ:PHUN)

Phunware, Inc., together with its subsidiaries, offers 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 cloud-based mobile software that licenses in software development kits (SDKs) form utilized inside mobile applications, such as analytics that provides 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; marketing automation that enables location-triggered messages and workflow; advertising; and location-based services that include mapping, navigation, wayfinding, workflow, asset management, and policy enforcement. It is also involved in the integration of its SDK licenses into existing applications maintained by its customers, as well as custom application development and support services; provision of cloud-based vertical solutions for healthcare, retail, sports, aviation, real estate, hospitality, education, and other applications; offering application transactions, including re-occurring and one-time transactional media purchases for application discovery, user acquisition and audience building, audience engagement, and audience monetization; and pre-packaged and custom high-end personal computer systems for gaming, streaming, and cryptocurrency mining enthusiasts. The company was founded in 2009 and is headquartered in Austin, Texas.

PHUN Stock Price History

30 days | 90 days | 365 days | Advanced Chart

PHUN Stock News Headlines

December 11, 2023 | finance.yahoo.com

Phunware Announces Closing of $2.8 Million Public Offering

December 6, 2023 | finance.yahoo.com

Phunware Launches Proposed Public Offering of Securities

December 31, 2023 | MarketBeat Internal (Ad)

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November 13, 2023 | markets.businessinsider.com

Analysts’ Top Technology Picks: Phunware (PHUN), BTCS (BTCS)

November 10, 2023 | finance.yahoo.com

Phunware, Inc. (NASDAQ:PHUN) Q3 2023 Earnings Call Transcript

November 9, 2023 | proactiveinvestors.com

Phunware to focus on software monetization and digital assets ecosystem alongside 3Q revenue of $2.8M

November 9, 2023 | finance.yahoo.com

Phunware Reports Third Quarter 2023 Financial Results

October 30, 2023 | proactiveinvestors.com

Phunware deploys enhanced Smart Hospitality Solution at Wailea Beach Resort

December 31, 2023 | MarketBeat Internal (Ad)

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October 27, 2023 | markets.businessinsider.com

Phunware’s Growth Potential and Customer Loyalty Inspire Confidence Despite Dilution Concerns

October 16, 2023 | finance.yahoo.com

VHC Health Signs Multi-Year Renewal of Digital Front Door Application with Phunware

September 8, 2023 | proactiveinvestors.com

Phunware appoints tech veteran Mike Snavely as chief revenue officer

September 8, 2023 | proactiveinvestors.com

Phunware appoints tech veteran Mike Snavely as its chief revenue officer

August 24, 2023 | proactiveinvestors.com

Phunware secures $30M equity facility to fuel growth

August 24, 2023 | finance.yahoo.com

Phunware Announces Purchase Agreement for up to $30 Million with Lincoln Park Capital Fund

August 23, 2023 | marketwatch.com

Phunware to Sell Up to $30M of Shares to Lincoln Park Capital Fund

August 14, 2023 | msn.com

HC Wainwright & Co. Maintains Phunware (PHUN) Buy Recommendation

August 13, 2023 | finance.yahoo.com

Phunware, Inc. (NASDAQ:PHUN) Q2 2023 Earnings Call Transcript

August 11, 2023 | finance.yahoo.com

Q2 2023 Phunware Inc Earnings Call

August 10, 2023 | proactiveinvestors.com

Phunware reports 2Q progress toward rightsizing workforce and reducing cash burn

August 10, 2023 | markets.businessinsider.com

Phunware Reports Second Quarter 2023 Financial Results

August 8, 2023 | finance.yahoo.com

Revolutionizing luxury living: Phunware's COO reveals cutting-edge MDU solution for residences

August 2, 2023 | finance.yahoo.com

Phunware Partners With MKT Consulting to Digitally Transform Resident Experience at New Luxury High-Rise in Houston

July 31, 2023 | finance.yahoo.com

Phunware Sets Second Quarter 2023 Earnings Call for Thursday, August 10, 2023 at 4:30 p.m. ET

July 24, 2023 | bizjournals.com

Austin tech company Phunware cutting third of employees

July 20, 2023 | proactiveinvestors.com

Phunware announces strategic cost-saving measures to accelerate...

July 20, 2023 | proactiveinvestors.com

Small cap snapshot: Benchmark Metals Inc, Trillion Energy International Inc, Hapbee Technologies Inc, Versus Systems Inc, Phunware Inc ...

See More Headlines

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Company Calendar

Last Earnings: 11/09/2023
Today: 12/31/2023
Fiscal Year End: 12/31/2023
Next Earnings (Estimated): 3/28/2024

Get Stock Alerts

Industry, Sector and Symbol

Stock Exchange: NASDAQ
Industry: Data processing & preparation
Sub-Industry: N/A
Sector: Computer and Technology
Current Symbol: NASDAQ:PHUN
CUSIP: N/A
CIK: 1665300
Web: www.phunware.com
Phone: (512) 693-4199
Fax: N/A
Employees: 106
Year Founded: N/A

Price Target and Rating

Average Stock Price Target: $1.00
High Stock Price Target: $1.00
Low Stock Price Target: $1.00
Potential Upside/Downside: +1,119.5%
Consensus Rating: Buy
Rating Score (0-4): 3.00
Research Coverage: 1 Analysts

Profitability

EPS (Most Recent Fiscal Year): ($0.37)
Trailing P/E Ratio: N/A
Forward P/E Ratio: N/A
P/E Growth: N/A
Net Income: $-50,890,000.00
Net Margins: -257.36%
Pretax Margin: -257.33%
Return on Equity: -149.96%
Return on Assets: -63.26%

Debt

Debt-to-Equity Ratio: 0.35
Current Ratio: 0.30
Quick Ratio: 0.25

Sales & Book Value

Annual Sales: $21.79 million
Price / Sales: 0.55
Cash Flow: N/A
Price / Cash Flow: N/A
Book Value: $0.24 per share
Price / Book: 0.34

Miscellaneous

Outstanding Shares: 145,600,000
Free Float: 143,852,000
Market Cap: $11.94 million
Optionable: Not Optionable
Beta: 9.65

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Key Executives

Mr. Christopher D. Olive (Age 53)
Executive VP, General Counsel & Chief Legal Officer
Comp: $354.1k
Mr. Alan S. Knitowski (Age 52)
Co-Founder & Special Advisor
Comp: $581.74k
Mr. Michael Snavely (Age 55)
CEO & Director
Mr. Troy Lee Reisner (Age 56)
Chief Financial Officer
Mr. Brendhan Botkin
Head of Investor Relations
Mr. Tushar Patel
Executive Vice President of Corporate Development
Jeremy Kidd
Senior Vice President of Sales & Marketing
Mr. Randall Crowder (Age 43)
Secretary
Comp: $606.76k

Key Competitors

View All Competitors

Insiders & Institutions

View All Insider Transactions
View All Institutional Transactions

PHUN Stock Analysis - Frequently Asked Questions

Should I buy or sell Phunware stock right now?: 1 Wall Street analysts have issued "buy," "hold," and "sell" ratings for Phunware in the last year. There are currently 1 buy rating for the stock. The consensus among Wall Street analysts is that investors should "buy" PHUN shares.
View PHUN analyst ratings or view top-rated stocks.
What is Phunware's stock price target for 2024?: 1 analysts have issued twelve-month price targets for Phunware's stock. Their PHUN share price targets range from $1.00 to $1.00. On average, they predict the company's stock price to reach $1.00 in the next year. This suggests a possible upside of 1,119.5% from the stock's current price.
View analysts price targets for PHUN or view top-rated stocks among Wall Street analysts.
How have PHUN shares performed in 2023?: Phunware's stock was trading at $0.7733 at the beginning of the year. Since then, PHUN shares have decreased by 89.4% and is now trading at $0.0820.
View the best growth stocks for 2023 here.
When is Phunware's next earnings date?: The company is scheduled to release its next quarterly earnings announcement on Thursday, March 28th 2024.
View our PHUN earnings forecast.

How were Phunware's earnings last quarter?: Phunware, Inc. (NASDAQ:PHUN) posted its quarterly earnings results on Thursday, November, 9th. The company reported ($0.05) EPS for the quarter, hitting analysts' consensus estimates of ($0.05). The firm had revenue of $2.79 million for the quarter, compared to analysts' expectations of $3.74 million. Phunware had a negative trailing twelve-month return on equity of 149.96% and a negative net margin of 257.36%.
What is Alan S. Knitowski's approval rating as Phunware's CEO?: 65 employees have rated Phunware Chief Executive Officer Alan S. Knitowski on Glassdoor.com. Alan S. Knitowski has an approval rating of 51% among the company's employees. This puts Alan S. Knitowski in the bottom 25% of approval ratings compared to other CEOs of publicly-traded companies.
What other stocks do shareholders of Phunware own?: Based on aggregate information from My MarketBeat watchlists, some companies that other Phunware investors own include Biocept (BIOC), NIO (NIO), OPKO Health (OPK), Vaxart (VXRT), Outlook Therapeutics (OTLK), Sorrento Therapeutics (SRNE), Advanced Micro Devices (AMD), Bionano Genomics (BNGO), Acasti Pharma (ACST) and Boeing (BA).
How do I buy shares of Phunware?: Shares of PHUN stock can be purchased through any online brokerage account. Popular online brokerages with access to the U.S. stock market include Charles Schwab, E*TRADE, Fidelity, and Vanguard Brokerage Services.
Compare Top Brokerages Here.

This page (NASDAQ:PHUN) was last updated on 12/31/2023 by MarketBeat.com Staff

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