PHUNWARE, INC.

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Market Data: SEC, Yahoo Finance, Bloomberg

Report Link: Updated Research Report (Dated April 7, 2025)

Symbol: PHUN
Analyst: Howard Halpern
Taglich Rating: Speculative Buy
Price Target: $5.75
Time Horizon: 12 Months
Rating Established: May 19, 2020
Price When Established: $34.00
Most Recent Report: April 7, 2025
Price When Issued: $2.25

What’s New

Phunware, Inc. Reports 1Q25 Results

On May 12, 2025, Phunware, Inc. reported 1Q25 results for the three-months ended March 31, 2025.

PHUN reported a 1Q25 net loss of $3.7 million or ($0.18) per share, on a revenue of $688,000. In the year-ago period the company reported a net loss of $2.3 million or ($0.33) per share, on revenue of $921,000 million. The current period included a $1.2 million in one-time legal expenses related to the Wild Basin litigation bench trial.

Taglich Brothers estimated 1Q25 revenues of $550,000 and a net loss of $2.8 million or ($0.14) per share.

Company Description

Phunware Inc., headquartered in Austin, Texas, designed and developed the Multiscreen-as-a-Service (MaaS) platform, a fully integrated enterprise cloud platform for mobile to its customers. MaaS platform provides customers products, solutions, data and services needed to build, manage, and monetize their mobile application portfolios at scale. PHUN’s MaaS technology platform includes its patented location based services technology and service offerings.

Disclaimer
Please view our current disclosure and disclaimer on our most recent research report.