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Phunware Inc has a consensus price target of $10.75 based on the ratings of 4 analysts. The high is $20 issued by Roth MKM on March 13, 2024. The low is $4 issued by Roth Capital on December 28, 2021. The 3 most-recent analyst ratings were released by Ascendiant Capital, HC Wainwright & Co., and HC Wainwright & Co. on November 12, 2024, November 12, 2024, and October 17, 2024, respectively. With an average price target of $9.33 between Ascendiant Capital, HC Wainwright & Co., and HC Wainwright & Co., there's an implied 101.15% upside for Phunware Inc from these most-recent analyst ratings.
1calculated from analyst ratings
The latest price target for Phunware (NASDAQ:PHUN) was reported by Ascendiant Capital on November 12, 2024. The analyst firm set a price target for $13.00 expecting PHUN to rise to within 12 months (a possible 180.17% upside). 10 analyst firms have reported ratings in the last year.
The latest analyst rating for Phunware (NASDAQ:PHUN) was provided by Ascendiant Capital, and Phunware maintained their buy rating.
There is no last upgrade for Phunware
The last downgrade for Phunware Inc happened on November 12, 2024 when HC Wainwright & Co. changed their price target from $9 to $6 for Phunware Inc.
Analysts arrive at stock ratings after doing extensive research, which includes going through public financial statements, talking to executives and customers of Phunware, and listening in to earnings conference calls. Most analysts do this every three months, so you should get 4 ratings per company per firm each year. The last rating for Phunware was filed on November 12, 2024 so you should expect the next rating to be made available sometime around November 12, 2025.
While ratings are subjective and will change, the latest Phunware (PHUN) rating was a maintained with a price target of $20.00 to $13.00. The current price Phunware (PHUN) is trading at is $4.64, which is out of the analyst’s predicted range.
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