Funko (NASDAQ:FNKO) Stock Rating Upgraded by DA Davidson

DA Davidson upgraded shares of Funko (NASDAQ:FNKO) to a strong-buy rating in a report released 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 shares of Funko from a “sell” rating to a “neutral” rating and cut their target price for the company from $7.00 to $5.50 in a research note on Wednesday.

Funko Price Performance

Shares of Funko stock opened at $4.20 on Thursday. The firm has a fifty day simple moving average of $5.28 and a 200-day simple moving average of $9.90. 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 1-year low of $3.50 and a 1-year high of $14.65. The stock has a market capitalization of $229.05 million, a price-to-earnings ratio of -8.75 and a beta of 0.85.

Funko (NASDAQ:FNKO) last released its earnings results on Thursday, May 8th. The company reported ($0.33) EPS for the quarter, beating the consensus estimate of ($0.43) by $0.10. The firm had revenue of $190.74 million during the quarter, compared to analysts’ expectations of $191.96 million. Funko had a negative net margin of 2.29% and a negative return on equity of 3.44%. The business’s quarterly revenue was down 11.6% compared to the same quarter last year. During the same period in the prior year, the company earned ($0.17) EPS. On average, sell-side analysts expect that Funko will post -0.12 earnings per share for the current year.

Insider Activity

In other news, insider Tracy D. Daw sold 18,608 shares of the firm’s stock in a transaction dated Tuesday, March 18th. The shares were sold at an average price of $7.14, for a total transaction of $132,861.12. Following the completion of the transaction, the insider now directly owns 26,332 shares of the company’s stock, valued at approximately $188,010.48. This trade represents a 41.41% decrease in their position. The transaction was disclosed in a legal filing with the Securities & Exchange Commission, which is accessible through the SEC website. Also, Director Jason Harinstein acquired 15,000 shares of Funko stock in a transaction dated Monday, March 17th. The shares were acquired at an average cost of $7.09 per share, with a total value of $106,350.00. Following the completion of the acquisition, the director now directly owns 15,000 shares in the company, valued at $106,350. This trade represents a ∞ increase in their position. The disclosure for this purchase can be found here. In the last 90 days, insiders sold 43,344 shares of company stock worth $287,246. 4.81% of the stock is currently owned by corporate insiders.

Hedge Funds Weigh In On Funko

Hedge funds and other institutional investors have recently made changes to their positions in the business. New York State Teachers Retirement System acquired a new stake in shares of Funko during the 4th quarter worth about $38,000. Intech Investment Management LLC acquired a new stake in shares of Funko during the 4th quarter worth about $148,000. Hsbc Holdings PLC acquired a new stake in Funko in the 4th quarter valued at about $152,000. OMERS ADMINISTRATION Corp acquired a new stake in Funko in the 4th quarter valued at about $183,000. Finally, AlphaQuest LLC increased its position in Funko by 115.8% in the 4th quarter. AlphaQuest LLC now owns 14,154 shares of the company’s stock valued at $190,000 after acquiring an additional 7,595 shares in the last quarter. 99.15% of the stock is owned by institutional investors.

Funko Company Profile

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.