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NASDAQ: PHUN
Phunware Inc Stock Forecast, Predictions & Price Target

Analyst price target for PHUN

Based on 2 analysts offering 12 month price targets for Phunware Inc.
Min Forecast
$20.00+225.73%
Avg Forecast
$22.50+266.45%
Max Forecast
$25.00+307.17%

Should I buy or sell PHUN stock?

Based on 2 analysts offering ratings for Phunware Inc.
Strong Buy
Strong Buy
1 analysts 50%
Buy
1 analysts 50%
Hold
0 analysts 0%
Sell
0 analysts 0%
Strong Sell
0 analysts 0%

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PHUN stock forecasts by analyst

Analyst / FirmRatingActionPrice TargetUpside/DownsideDateAnalyst Color
lockedlocked$00.00+00.00%2024-04-01
lockedlocked$00.00+00.00%2024-03-13

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Forecast return on equity

Is PHUN forecast to generate an efficient return?

Forecast return on assets

Is PHUN forecast to generate an efficient return on assets?
Company
N/A
Industry
3.51%

PHUN revenue forecast

What is PHUN's revenue in the next 2 years based on estimates from 3 analysts?
Avg 1 year Forecast
$5.4M+12.17%
Avg 2 year Forecast
$8.5M+76.24%
PHUN's revenue is forecast to... subscribe to Premium to read more.
Forecast High Revenue Growth Forecast

PHUN revenue growth forecast

How is PHUN forecast to perform vs Software - Application companies and vs the US market?
Company
12.17%
Industry
12.04%
Market
12.87%
PHUN's revenues are forecast to... subscribe to Premium to read more.
Forecast Revenue Growth vs Industry Forecast
PHUN's revenues are forecast to... subscribe to Premium to read more.
Forecast Revenue Growth vs Market Forecast

PHUN vs App Stocks

TickerPricePrice TargetUp/downsideConsensus
PHUN$6.14$22.50+266.45%Strong Buy
CXAI$3.21N/AN/A
ZPTA$1.61N/AN/A
SYT$1.96N/AN/A
ISDR$11.59N/AN/A

Phunware Stock Forecast FAQ

Is Phunware Stock a good buy in 2024, according to Wall Street analysts?

The consensus among 2 Wall Street analysts covering (NASDAQ: PHUN) stock is to Strong Buy PHUN stock.

Out of 2 analysts, 1 (50%) are recommending PHUN as a Strong Buy, 1 (50%) are recommending PHUN as a Buy, 0 (0%) are recommending PHUN as a Hold, 0 (0%) are recommending PHUN as a Sell, and 0 (0%) are recommending PHUN as a Strong Sell.

If you're new to stock investing, here's how to buy Phunware stock.

What is PHUN's revenue growth forecast for 2024-2025?

(NASDAQ: PHUN) Phunware's forecast annual revenue growth rate of 12.17% is forecast to beat the US Software - Application industry's average forecast revenue growth rate of 12.04%, and while it is not forecast to beat the US market's average forecast revenue growth rate of 12.87%.

Phunware's revenue in 2024 is $4,832,000.On average, 3 Wall Street analysts forecast PHUN's revenue for 2024 to be $43,506,784, with the lowest PHUN revenue forecast at $33,713,744, and the highest PHUN revenue forecast at $48,483,575.

In 2025, PHUN is forecast to generate $68,358,630 in revenue, with the lowest revenue forecast at $56,189,574 and the highest revenue forecast at $80,672,174.

What is PHUN's forecast return on assets (ROA) for 2024-2025?

(NASDAQ: PHUN) forecast ROA is N/A, which is lower than the forecast US Software - Application industry average of 3.51%.

What is PHUN's Price Target?

According to 2 Wall Street analysts that have issued a 1 year PHUN price target, the average PHUN price target is $22.50, with the highest PHUN stock price forecast at $25.00 and the lowest PHUN stock price forecast at $20.00.

On average, Wall Street analysts predict that Phunware's share price could reach $22.50 by Apr 1, 2025. The average Phunware stock price prediction forecasts a potential upside of 266.45% from the current PHUN share price of $6.14.

What is PHUN's forecast return on equity (ROE) for 2024-2025?

(NASDAQ: PHUN) forecast ROE is N/A, which is considered weak.
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