Equities Analysts Set Expectations for Phunware Q1 Earnings

Phunware (NASDAQ:PHUN) – Research analysts at HC Wainwright issued their Q1 2026 earnings per share (EPS) estimates for shares of Phunware in a research report issued to clients and investors on Wednesday, March 25th. HC Wainwright analyst S. Buck forecasts that the company will post earnings of ($0.17) per share for the quarter. HC Wainwright currently has a “Neutral” rating and a $2.00 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 2026 earnings at ($0.14) EPS, Q3 2026 earnings at ($0.11) EPS, Q4 2026 earnings at ($0.13) EPS and FY2026 earnings at ($0.57) EPS.

Phunware (NASDAQ:PHUN) last released its quarterly earnings data on Thursday, March 19th. The company reported ($0.11) EPS for the quarter, topping analysts’ consensus estimates of ($0.14) by $0.03. Phunware had a negative net margin of 446.57% and a negative return on equity of 10.11%. The firm had revenue of $0.79 million during the quarter, compared to analysts’ expectations of $0.61 million.

PHUN has been the topic of several other research reports. Weiss Ratings reiterated a “sell (e+)” rating on shares of Phunware in a report on Monday, December 29th. Wall Street Zen upgraded Phunware from a “sell” rating to a “hold” rating in a research note on Saturday, March 21st. One equities research analyst has rated the stock with a Buy rating, one has issued a Hold rating and one has issued a Sell rating to the stock. According to MarketBeat, Phunware currently has a consensus rating of “Hold” and a consensus target price of $7.25.

Phunware Price Performance

Shares of PHUN opened at $1.67 on Friday. Phunware has a fifty-two week low of $1.56 and a fifty-two week high of $3.88. The company’s 50-day moving average is $1.79 and its 200-day moving average is $2.15. The firm has a market capitalization of $33.72 million, a PE ratio of -2.93 and a beta of 2.64.

Institutional Investors Weigh In On Phunware

Several large investors have recently made changes to their positions in the business. XTX Topco Ltd grew its position in Phunware by 177.6% during the fourth quarter. XTX Topco Ltd now owns 51,289 shares of the company’s stock valued at $95,000 after buying an additional 32,812 shares during the period. Cantor Fitzgerald L. P. raised its position in Phunware by 38.9% in the fourth quarter. Cantor Fitzgerald L. P. now owns 125,000 shares of the company’s stock worth $231,000 after acquiring an additional 35,000 shares during the period. Panagora Asset Management Inc. raised its position in Phunware by 98.2% in the fourth quarter. Panagora Asset Management Inc. now owns 28,523 shares of the company’s stock worth $53,000 after acquiring an additional 14,134 shares during the period. Jane Street Group LLC boosted its stake in Phunware by 44.9% in the fourth quarter. Jane Street Group LLC now owns 73,511 shares of the company’s stock valued at $136,000 after acquiring an additional 22,784 shares during the last quarter. Finally, Citadel Advisors LLC purchased a new position in Phunware in the third quarter valued at about $303,000. 7.57% of the stock is owned by hedge funds and other institutional investors.

About Phunware

Phunware, Inc (NASDAQ: PHUN) is a technology company specializing in enterprise mobile software and services. Its unified Mobile Application Platform (MAP) delivers a comprehensive suite of cloud-based solutions designed to engage, monetize and analyze audiences across mobile devices. Through its multi-tenant SaaS architecture, Phunware supports the full lifecycle of mobile applications, from development and content management to user identity and data-driven marketing.

The company’s product offerings include location-based services such as indoor and outdoor mapping, real-time wayfinding, geofencing and proximity notifications.