Phunware, Inc. (PHUN)
NASDAQ: PHUN · Real-Time Price · USD
4.880
+0.480 (10.91%)
At close: Nov 22, 2024, 4:00 PM
4.991
+0.111 (2.27%)
After-hours: Nov 22, 2024, 7:59 PM EST
Phunware Stock Forecast
Stock Price Forecast
The 3 analysts with 12-month price forecasts for Phunware stock have an average target of 13, with a low estimate of 6.00 and a high estimate of 20. The average target predicts an increase of 166.39% from the current stock price of 4.88.
Analyst Consensus: Strong Buy
Analyst Ratings
The average analyst rating for Phunware stock from 3 stock analysts is "Strong Buy". This means that analysts believe this stock is likely to perform very well in the near future and significantly outperform the market.
Recommendation Trends
| Rating | Jun '24 | Jul '24 | Aug '24 | Sep '24 | Oct '24 | Nov '24 |
|---|---|---|---|---|---|---|
| Strong Buy | 3 | 3 | 3 | 3 | 3 | 2 |
| Buy | 0 | 0 | 0 | 0 | 0 | 0 |
| Hold | 0 | 0 | 0 | 0 | 0 | 1 |
| Sell | 0 | 0 | 0 | 0 | 0 | 0 |
| Strong Sell | 0 | 0 | 0 | 0 | 0 | 0 |
| Total | 3 | 3 | 3 | 3 | 3 | 3 |
Latest Forecasts
| Analyst | Firm | Rating | Rating | Action | Price Target | Upside | Date |
|---|---|---|---|---|---|---|---|
| Ascendiant Capital | Ascendiant Capital | Strong Buy Maintains $20 → $13 | Strong Buy | Maintains | $20 → $13 | +166.39% | Nov 12, 2024 |
| HC Wainwright & Co. | HC Wainwright & Co. | Strong Buy → Hold Downgrades $9 → $6 | Strong Buy → Hold | Downgrades | $9 → $6 | +22.95% | Nov 12, 2024 |
| HC Wainwright & Co. | HC Wainwright & Co. | Strong Buy Maintains $7 → $9 | Strong Buy | Maintains | $7 → $9 | +84.43% | Oct 17, 2024 |
| Ascendiant Capital | Ascendiant Capital | Strong Buy Maintains $22 → $20 | Strong Buy | Maintains | $22 → $20 | +309.84% | Sep 3, 2024 |
| HC Wainwright & Co. | HC Wainwright & Co. | Strong Buy Maintains $12 → $7 | Strong Buy | Maintains | $12 → $7 | +43.44% | Aug 9, 2024 |
Financial Forecast
Revenue This Year
5.31M
from 4.83M
Increased by 9.91%
Revenue Next Year
9.07M
from 5.31M
Increased by 70.83%
EPS This Year
-1.15
from -22.18
EPS Next Year
-0.84
from -1.15
Revenue Forecast
| Revenue | 2024 | 2025 |
|---|---|---|
| High | 6.3M | 9.5M |
| Avg | 5.3M | 9.1M |
| Low | 4.6M | 8.5M |
Revenue Growth
| Revenue Growth | 2024 | 2025 |
|---|---|---|
| High | 30.4% | 77.9% |
| Avg | 9.9% | 70.8% |
| Low | -4.3% | 60.3% |
EPS Forecast
| EPS | 2024 | 2025 |
|---|---|---|
| High | -1.14 | -0.80 |
| Avg | -1.15 | -0.84 |
| Low | -1.14 | -0.89 |
EPS Growth
| EPS Growth | 2024 | 2025 |
|---|---|---|
| High | - | - |
| Avg | - | - |
| Low | - | - |
Sources: Price targets and analyst ratings provided by Benzinga. Revenue and EPS forecast data provided by Finnhub. The data is sourced from Wall Street analysts. Data disclaimer.