In last trading session, Phunware Inc (NASDAQ:PHUN) saw 8.42 million shares changing hands with its beta currently measuring 2.55. Company’s recent per share price level of $6.34 trading at $0.95 or 17.63% at ring of the bell on the day assigns it a market valuation of $71.90M. That closing price of PHUN’s stock is at a discount of -286.44% from its 52-week high price of $24.50 and is indicating a premium of 55.05% from its 52-week low price of $2.85. Taking a look at company’s average trading volume for last 10-days demonstrates a volume of 5.12 million shares which gives us an average trading volume of 1.15 million if we extend that period to 3-months.

For Phunware Inc (PHUN), analysts’ consensus is at an average recommendation of Buy while assigning it a mean rating of 1.00. Splitting up the data highlights that, out of 2 analysts covering the stock, 0 rated the stock as a Sell while 0 recommended an Overweight rating for the stock. 0 suggested the stock as a Hold whereas 2 see the stock as a Buy. 0 analyst(s) advised it as an Underweight. The company is expected to be making an EPS of -0.26 in the current quarter.

Phunware Inc (NASDAQ:PHUN) trade information

Upright in the green during last session for gaining 17.63%, in the last five days PHUN remained trading in the green while hitting it’s week-highest on Tuesday, 10/15/24 when the stock touched $6.34 price level, adding 20.65% to its value on the day. Phunware Inc’s shares saw a change of 54.63% in year-to-date performance and have moved 78.59% in past 5-day. Phunware Inc (NASDAQ:PHUN) showed a performance of 87.02% in past 30-days. Number of shares sold short was 0.73 million shares which calculate 1.83 days to cover the short interests.

Wall Street analysts have assigned a consensus price target of 14.5 to the stock, which implies a rise of 56.28% to its current value. Analysts have been projecting 7 as a low price target for the stock while placing it at a high target of 22. It follows that stock’s current price would drop -10.41% in reaching the projected high whereas dropping to the targeted low would mean a loss of -10.41% for stock’s current value.

Phunware Inc (PHUN) estimates and forecasts

Statistics highlight that Phunware Inc is scoring comparatively higher than the scores of other players of the relevant industry. The company added 5.67% of value to its shares in past 6 months, showing an annual growth rate of 93.59% while that of industry is 19.00. Apart from that, the company came raising its revenue forecast for fiscal year 2024. This year revenue growth is estimated to fall -58.00% from the last financial year’s standing.

3 industry analysts have given their estimates about the company’s current quarter revenue by setting an average figure of 1.31M for the same. And 3 analysts are in estimates of company making revenue of 1.95M in the next quarter. Company posted 2.79M and 1.37M of sales in current and next quarters respectively a year earlier.

Weighing up company’s earnings over the past 5-year and in the next 5-year periods, we find the company posting an annual earnings growth rate of 6.47% during past 5 years.

Phunware Inc (NASDAQ:PHUN)’s Major holders

Insiders are in possession of 5.29% of company’s total shares while institution are holding 7.59 percent of that, with stock having share float percentage of 8.02%. Investors also watch the number of corporate investors in a company very closely, which is 7.59% institutions for Phunware Inc that are currently holding shares of the company.

On the other hand, Vanguard Total Stock Market Index Fund and Vanguard Extended Market Index Fund are the top two Mutual Funds which own company’s shares. As of Jun 30, 2024 , the former fund manager was holding 224.62 shares of worth $1.42 million or 1.98% of the total outstanding shares. The later fund manager was in possession of 150.54 shares on Jun 30, 2024 , making its stake of worth around $0.95 million in the company or a holder of 1.33% of company’s stock.