WallStreetZenWallStreetZen

How to Buy Phunware Stock

Phunware Inc

Phunware, Inc. , together with its subsidiaries, offers integrated software platform that equips companies with the products, solutions, and services to engage, manage, and monetize their mobile application portfolios in the United States and internationally.

Phunware stock last closed at $6.89, up 5.19% from the previous day, and has decreased 78.54% in one year. It has underperformed other stocks in the Software - Application industry by 1.1 percentage points. Phunware stock is currently +96.86% from its 52-week low of $3.50, and -78.3% from its 52-week high of $31.75.

As of May 24, 2024, there are 8.27M PHUN shares outstanding. The market value of PHUN is $56.99M. In the last 24 hours, 253,513 PHUN shares were traded.

How to Buy Phunware Stock

Wondering how to invest in Phunware stock? Here's how.
  1. Figure out where to buy Phunware stock: You need to decide on a stock brokerage, but don't worry - we've sifted through dozens of online stock brokerages and apps to help you decide where to buy Phunware stock.
  2. Open your brokerage account: Sign up for 0% commission trading with the highest-rated brokerage we've identified.
  3. Put funds into your brokerage account: Pick your method of payment and add your info.
  4. Analyze Phunware stock: The Phunware ticker symbol is PHUN. Is Phunware stock a good investment? Should you buy shares of PHUN? How do PHUN's underlying business fundamentals look? Do top analysts think Phunware is a good buy? Why has PHUN's stock price moved recently? (Hint: Our stock analysis website can help you evaluate if PHUN is a good stock to buy).
  5. Execute your PHUN buy order: Decide if you will purchase PHUN shares at the current market price or use a limit order to buy PHUN shares at a specific price.
  6. Keep an eye on your PHUN investment: Create a watchlist to monitor your investment in Phunware shares.

Step 1: Figure out where to buy Phunware stock

You will need a brokerage account to access the NASDAQ market and buy PHUN stock.

A brokerage account enables you to buy and sell a number of financial instruments, including stocks, bonds, mutual funds, and ETFs.

Our preferred brokerage: eToro

In our opinion, eToro is the best online stock brokerage. eToro gives you:

  • Invest in stocks with zero commissions: Invest without paying trading commissions.
  • Buy fractional shares: Even if you don't have the money to buy a full share, you can still purchase the stock.
  • Access to world financial markets: From Technology to Industrials, New York to Shanghai — you can fill your portfolio with stocks from the world's leading stock exchanges.
  • Social investing: eToro boasts a community with more than 20 million users around the world. Talk to, learn from, and copy the crypto trades of top investors.
  • Security: eToro is a regulated and licensed fintech leader.
  • Buy other assets: Such as ETFs and cryptos.

Get $10 towards your purchase of shares by signing up for an account with eToro today.

Open eToro Account
eToro securities trading is offered by eToro USA Securities, Inc. (“the BD”), member of FINRA and SIPC. Cryptocurrency is offered by eToro USA LLC (“the MSB”) (NMLS: 1769299) and is not FDIC or SIPC insured. Investing involves risk, and content is provided for educational purposes only, does not imply a recommendation, and is not a guarantee of future performance. https://www.wallstreetzen.com is not an affiliate and may be compensated if you access certain products or services offered by the MSB and/or the BD.

Step 2: Open your brokerage account

Now that you've picked the best brokerage, it's time to fill out some personal info so you can buy PHUN today.

How to Set Up a New Investment Account on eToro

  1. Click here to get started.
    eToro is a multi-asset investment platform. The value of your investments may go up or down. Your capital is at risk.
  2. Provide your personal data to start a new brokerage account.
  1. Submit your data by pressing the "Create Account" button.
  2. Get started with eToro today
    eToro is a multi-asset investment platform. The value of your investments may go up or down. Your capital is at risk.

Step 3: Put funds into your brokerage account

Now that you have opened your account on the best stock market app, you need to deposit funds:

Check out the walkthrough below if you need help transferring funds into your brokerage account.

Get started with eToro today
eToro is a multi-asset investment platform. The value of your investments may go up or down. Your capital is at risk.

Step 4: Analyze Phunware stock

Once you have identified the best place to buy Phunware stock, it's critical to analyze their stock prior to investing, so you actually understand the risk as well as the upside.

Phunware stock at a glance

PHUN Price
$6.89
1w %
-0.58%
1y %
-78.54%
5y %
-97.25%
P/E
-0.34x
P/B
3.9x
P/S
46.87x
PEG
N/A
Revenue
$1.01M
Earnings
-$50.81M
Fore. Rev. Growth
505.37%
Fore. Earn. Growth
N/A
Market Cap
$56.99M
Next Earnings
N/A
Next Dividend
N/A

Phunware Fundamentals

WallStreetZen was created to help average investors do more accurate fundamental analysis in minutes instead of hours.

You can see all of the due diligence checks on PHUN's stock page.

Is PHUN stock undervalued?

Analysts use many financial metrics, analyses, models, and charts to gauge PHUN's true value.

Using relative valuations ratios:

  • PHUN may be undervalued based on its P/B ratio of 3.9x, relative to Software - Application industry P/B ratio of 6.33x

You can access more valuation analysis on PHUN's stock here.

Is PHUN a healthy company?

Positive Health Checks:

  • There are more short-term assets than short-term liabilities on the PHUN balance sheet.
  • PHUN has $21.59M in cash and short term investments. This is sufficient to cover its annual cash burn of $16.58M.
  • Total PHUN debt is lower than 5 years ago, relative to shareholder equity.
  • There are more short-term assets than long-term liabilities on the PHUN balance sheet.
  • PHUN has cash burn of 16577000. It has sufficient cash and short-term investments to cover this for at least one year.

Negative Health Checks:

  • PHUN has a relatively high debt to equity ratio of 0.66.
  • PHUN profit margin has gone down from -3,702.5% to -5,050.5% in the past year.

Is Phunware stock a Buy, Hold, or Sell, according to Wall Street analysts?

Out of 3 Wall Street analysts who give ratings on PHUN, the consensus analyst rating on Phunware is a Strong Buy

Please keep in mind that analyst ratings are not recommendations, nor are they financial advice.

You can dive deeper into what analysts are forecasting on the Phunware stock forecast page.

PHUN Technicals

SMA10
6.96
SMA20
6.89
SMA50
7.57
SMA100
9.85
SMA200
9.6
MACD
-0.17
MACD Signal
-0.22
MACD Histogram
0.05
RSI
47.66
Stochastic %K
16.18
Stochastic %D
18.3
StochRSI %K
26.97
StochRSI %D
28.33

PHUN Growth Numbers

Last year, PHUN revenue was $1.01M. Over the last five year, PHUN's revenue has grown by -49.69% per year. This was slower than the Software - Application industry average of 29.89%.

Dig into PHUN's earnings and revenue performance here.

What are PHUN insiders up to?

In the past 12 months, insiders at PHUN have sold more shares than they have bought.

Michael Snavely, Chief Executive Officer of PHUN, was the latest PHUN insider to buy. They bought $19,500.00 worth of PHUN shares on May 20, 2024.

Research more about who owns PHUN shares here.

Does PHUN provide a stable income stream?

No, Phunware doesn't provide an income stream by paying out dividends.

What do other investors have to say about PHUN?

One of the primary reasons eToro is our highest-rated brokerage is because of its social trading community.

Click below to see what other investors have to say.

Step 5: Execute your PHUN buy order

You have two main options:

  • Market order: A market order is an order to buy or sell a stock at the best possible price.
    Market orders are generally fine for most investors.
  • Limit order: A limit order enables you to buy or sell a security at a specific price (or better).
    If you want to make sure you're buying or selling at a particular price, place a limit order.

Hit the Open Trade button and eToro will place your order.

If you want more info about investing in stocks on eToro, watch the helpful video below:

Open eToro Account

Step 6: Keep an eye on your PHUN investment

Now that you own some shares in PHUN, you'll want to keep up with your new company.

Start a watchlist to see the latest developments about your PHUN stock.

PHUN Feed

How to Buy Stock in Phunware

To reiterate, here are the 6 steps to buy Phunware stock:

  1. Figure out where to buy Phunware stock
  2. Open your brokerage account
  3. Put funds into your brokerage account
  4. Analyze Phunware stock
  5. Execute your PHUN buy order
  6. Keep an eye on your PHUN investment

If you require a online brokerage, eToro is our recommended venue.

Get Started with eToro Today
eToro is a multi-asset investment platform. The value of your investments may go up or down. Your capital is at risk.

If you would like to keep an eye on your investment in Phunware, add PHUN to your watchlist by clicking the button below.

NASDAQ: PHUN
$6.89+0.34 (+5.19%)
Updated May 24, 2024
Open eToro Account
NASDAQ: PHUN
$6.89+0.34 (+5.19%)
Updated May 24, 2024
Open eToro Account

FAQ

How much does it cost to buy one Phunware share?

As of May 24, 2024, it costs $6.89 to buy one share of Phunware stock.

Remember, eToro's fractional share buying allows you to buy partial shares of stocks and ETFs. Even if you only have $3, you can buy 0.435 shares of PHUN.

Get Started with eToro Today
eToro is a multi-asset investment platform. The value of your investments may go up or down. Your capital is at risk.

Is now a good time to buy Phunware stock?

According to 3 Wall Street analysts who monitor Phunware, their consensus recommendation is to buy Phunware stock.

What is the best way to buy Phunware stock?

One way to place an order for Phunware stock is with a brokerage account.
WallStreetZen does not provide financial advice and does not issue recommendations or offers to buy stock or sell any security.

Information is provided 'as-is' and solely for informational purposes and is not advice. WallStreetZen does not bear any responsibility for any losses or damage that may occur as a result of reliance on this data.