Phunware, Inc. (PHUN)
NASDAQ: PHUN · IEX Real-Time Price · USD
6.28
+0.12 (1.95%)
At close: Apr 24, 2024, 4:00 PM
6.27
-0.01 (-0.16%)
After-hours: Apr 24, 2024, 7:56 PM EDT
Phunware Stock Forecast
Stock Price Forecast
The 3 analysts with 12-month price forecasts for Phunware stock have an average target of 19, with a low estimate of 12 and a high estimate of 25. The average target predicts an increase of 202.55% from the current stock price of 6.28.
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 | Nov '23 | Dec '23 | Jan '24 | Feb '24 | Mar '24 | Apr '24 |
|---|---|---|---|---|---|---|
| Strong Buy | 1 | 2 | 2 | 2 | 2 | 3 |
| Buy | 0 | 0 | 0 | 0 | 0 | 0 |
| Hold | 0 | 0 | 0 | 0 | 0 | 0 |
| Sell | 0 | 0 | 0 | 0 | 0 | 0 |
| Strong Sell | 0 | 0 | 0 | 0 | 0 | 0 |
| Total | 1 | 2 | 2 | 2 | 2 | 3 |
Latest Forecasts
| Analyst | Firm | Rating | Rating | Action | Price Target | Upside | Date |
|---|---|---|---|---|---|---|---|
| Ascendiant Capital | Ascendiant Capital | Strong Buy Maintains $75 → $25 | Strong Buy | Maintains | $75 → $25 | +298.09% | Apr 1, 2024 |
| Roth MKM | Roth MKM | Strong Buy Reiterates $25 → $20 | Strong Buy | Reiterates | $25 → $20 | +218.47% | Mar 13, 2024 |
| HC Wainwright & Co. | HC Wainwright & Co. | Strong Buy Maintains $1 → $12 | Strong Buy | Maintains | $1 → $12 | +91.08% | Mar 13, 2024 |
| Roth MKM | Roth MKM | Strong Buy Maintains $25 → $7.5 | Strong Buy | Maintains | $25 → $7.5 | +19.43% | Dec 21, 2023 |
| HC Wainwright & Co. | HC Wainwright & Co. | Strong Buy Maintains $125 → $50 | Strong Buy | Maintains | $125 → $50 | +696.18% | Aug 14, 2023 |
Financial Forecast
Revenue This Year
5.68M
from 4.83M
Increased by 17.49%
Revenue Next Year
8.81M
from 5.68M
Increased by 55.15%
EPS This Year
-1.57
from -22.18
EPS Next Year
-1.37
from -1.57
Revenue Forecast
| Revenue | 2024 | 2025 |
|---|---|---|
| High | 6.3M | 10.5M |
| Avg | 5.7M | 8.8M |
| Low | 4.1M | 6.9M |
Revenue Growth
| Revenue Growth | 2024 | 2025 |
|---|---|---|
| High | 31.2% | 85.8% |
| Avg | 17.5% | 55.2% |
| Low | -14.8% | 20.8% |
EPS Forecast
| EPS | 2024 | 2025 |
|---|---|---|
| High | -1.23 | -0.86 |
| Avg | -1.57 | -1.37 |
| Low | -2.01 | -2.08 |
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.