Does Phunware stock have an upside of 78%?
Oct 26, 2021 · What happened Digital World Acquisition ( DWAC -17.32% ) and Phunware ( PHUN -6.13% ) both saw their stock prices rocket over 1,000% at one point last week, as investors' excitement for the special...
Why did Phunware's share price fall 40%?
Shares of Phunware ( PHUN 2.63% ) fell 90.1% in February, according to data from S&P Global Market Intelligence. This was a quick reversal for the …
Why is DWAC buying Phunware stock?
Apr 02, 2022 · Phunware's stock was trading at $0.82 on March 11th, 2020 when COVID-19 (Coronavirus) reached pandemic status according to the World Health Organization (WHO). Since then, PHUN shares have increased by 168.3% and is now trading at $2.20.
Is Phunware the most volatile stock on the market?
Oct 22, 2021 · Phunware reportedly received a $3 million contract from Trump’s campaign manager, Brad Parscale, and its stock went from $10 a share in December 2018 to more than $300 a share by Feb 1, 2019.
Why is Phunware stock down?
The company ended 2021 with sales up roughly 6.4%, which was solid considering that it was facing some challenging growth comparisons, but mounting losses prompted investors to move out of the stock despite management issuing some exciting revenue guidance for this year.Mar 24, 2022
Is Phunware a good investment?
Is PHUNWARE Stock a good buy in 2022, according to Wall Street analysts? The consensus among 2 Wall Street analysts covering (NASDAQ: PHUN) stock is to Strong Buy PHUN stock.
Will Phunware stock go back up?
During the day the stock fluctuated 3.23% from a day low at $2.17 to a day high of $2.24. The price has fallen in 8 of the last 10 days and is down by -20.22% for this period....Predicted Opening Price for Phunware Inc. of Monday, April 18, 2022.Fair opening price April 18, 2022Current price$2.21$2.21 (Overvalued)
Should I sell Phunware stock?
Phunware has received a consensus rating of Buy. The company's average rating score is 3.00, and is based on 2 buy ratings, no hold ratings, and no sell ratings.
Who owns Phunware?
The company has more than 940 million monthly unique active devices and has 5 billion daily transactions....Phunware.TypePublicIndustryMobile software BlockchainFounded2009FoundersAlan Knitowski Luan DangHeadquartersAustin, TX Irvine, California San Diego, California Miami, Florida6 more rows
Why is Phunware up?
Phunware Soars on Pact With Parscale-Founded Consultancy Its stock spiked sharply in late 2021 after Trump confirmed his intention to launch a new social media company, which is to be folded into the already-public SPAC Digital World Acquisition Corp (NASDAQ:DWAC).
Is cassava a buy?
Cassava Sciences's analyst rating consensus is a 'Moderate Buy. This is based on the ratings of 5 Wall Streets Analysts.
How can I invest in Phunware?
How to buy shares in PhunwareCompare share trading platforms. Use our comparison table to help you find a platform that fits you.Open your brokerage account. Complete an application with your details.Confirm your payment details. ... Research the stock. ... Purchase now or later. ... Check in on your investment.
Is Phunware a buy right now?
2 Wall Street equities research analysts have issued "buy," "hold," and "sell" ratings for Phunware in the last twelve months. There are currently...
How has Phunware's stock price been impacted by Coronavirus?
Phunware's stock was trading at $0.82 on March 11th, 2020 when Coronavirus reached pandemic status according to the World Health Organization (WHO)...
When is Phunware's next earnings date?
Phunware is scheduled to release its next quarterly earnings announcement on Wednesday, March 23rd 2022. View our earnings forecast for Phunware .
How can I listen to Phunware's earnings call?
Phunware will be holding an earnings conference call on Wednesday, March 23rd at 5:00 PM Eastern. Interested parties can register for or listen to...
How were Phunware's earnings last quarter?
Phunware, Inc. (NASDAQ:PHUN) announced its earnings results on Thursday, November, 11th. The company reported ($0.03) earnings per share for the qu...
What price target have analysts set for PHUN?
2 brokerages have issued 12-month target prices for Phunware's shares. Their forecasts range from $4.00 to $5.50. On average, they expect Phunware'...
Who are Phunware's key executives?
Phunware's management team includes the following people: Alan S. Knitowski , President, Chief Executive Officer & Director Randall Crowder , Ch...
What is Alan S. Knitowski's approval rating as Phunware's CEO?
65 employees have rated Phunware CEO Alan S. Knitowski on Glassdoor.com . Alan S. Knitowski has an approval rating of 51% among Phunware's employe...
Who are some of Phunware's key competitors?
Some companies that are related to Phunware include Hut 8 Mining (HUT) , Global Blue Group (GB) , Yext (YEXT) , Iris Energy (IREN) , HIVE Bloc...
What happened
Shares of Phunware (NASDAQ: PHUN) sank 53.7% in March, according to data from S&P Global Market Intelligence. The stock had its initial public offering in January and has gone on to have one of the most volatile runs of any company on the market this year.
So what
The company published full-year results on March 20, but it's not clear whether the earnings release significantly impacted the market's read on Phunware stock. Sales for the year rose roughly 16% to reach $30.9 million, and the company's adjusted loss per share for the period narrowed to $0.38 -- improving from a per-share loss of $1.06 in 2017.
Now what
Phunware stock has continued to plummet in April, with shares trading down roughly 60% in the month so far as the glow around the company's cryptocurrency and blockchain ambitions has continued to fade.
What happened
Shares of Phunware ( NASDAQ:PHUN) sank 53.7% in March, according to data from S&P Global Market Intelligence. The stock had its initial public offering in January and has gone on to have one of the most volatile runs of any company on the market this year.
So what
The company published full-year results on March 20, but it's not clear whether the earnings release significantly impacted the market's read on Phunware stock. Sales for the year rose roughly 16% to reach $30.9 million, and the company's adjusted loss per share for the period narrowed to $0.38 -- improving from a per-share loss of $1.06 in 2017.
Now what
Phunware stock has continued to plummet in April, with shares trading down roughly 60% in the month so far as the glow around the company's cryptocurrency and blockchain ambitions has continued to fade.
The maker of mobile app-building platforms ran out of rocket fuel last month, at least temporarily
Anders Bylund is a Foolish Technology and Entertainment Specialist. Where the two markets intersect, you'll find his wheelhouse. He has been an official Fool since 2006 but a jester all his life.
What happened
Shares of Phunware ( NASDAQ:PHUN) fell 90.1% in February, according to data from S&P Global Market Intelligence. This was a quick reversal for the maker of mobile app development tools, which posted a 2,000% gain in January.
So what
Phunware's big January gains started when the company merged with capital investment firm Stellar Acquisition III, converting an investment at arm's length into a direct source of funds to power Phunware's day-to-day operations and strategic goals.
Now what
Owning Phunware wasn't much fun last month. The stock sale -- announced near the peak of the stock's recent gains -- looks like a greedy cash grab that leaves common shareholders hanging. Stellar's backers might indeed take their profits and run, leaving a discarded husk of blockchain hype and empty promises in their wake.
Is Phunware a buy right now?
2 Wall Street analysts have issued "buy," "hold," and "sell" ratings for Phunware in the last twelve months. There are currently 2 buy ratings for the stock. The consensus among Wall Street analysts is that investors should "buy" Phunware stock.#N#View analyst ratings for Phunware or view top-rated stocks.
What stocks does MarketBeat like better than Phunware?
Wall Street analysts have given Phunware a "Buy" rating, but there may be better buying opportunities in the stock market. Some of MarketBeat's past winning trading ideas have resulted in 5-15% weekly gains. MarketBeat just released five new stock ideas, but Phunware wasn't one of them.
When is Phunware's next earnings date?
Phunware is scheduled to release its next quarterly earnings announcement on Monday, November 8th 2021.#N#View our earnings forecast for Phunware.
How were Phunware's earnings last quarter?
Phunware, Inc. (NASDAQ:PHUN) posted its earnings results on Thursday, August, 12th. The company reported ($0.12) earnings per share for the quarter, missing analysts' consensus estimates of ($0.08) by $0.04.
How has Phunware's stock price been impacted by COVID-19 (Coronavirus)?
Phunware's stock was trading at $0.82 on March 11th, 2020 when COVID-19 (Coronavirus) reached pandemic status according to the World Health Organization (WHO). Since then, PHUN shares have increased by 26.2% and is now trading at $1.0350.#N#View which stocks have been most impacted by COVID-19.
What price target have analysts set for PHUN?
2 brokers have issued 12-month price objectives for Phunware's shares. Their forecasts range from $1.75 to $2.00. On average, they anticipate Phunware's share price to reach $1.88 in the next twelve months.
What is Alan S. Knitowski's approval rating as Phunware's CEO?
65 employees have rated Phunware CEO Alan S. Knitowski on Glassdoor.com. Alan S. Knitowski has an approval rating of 51% among Phunware's employees. This puts Alan S. Knitowski in the bottom 25% of approval ratings compared to other CEOs of publicly-traded companies.
The maker of mobile app development tools went public through a reverse merger and started launching blockchain-based product ideas. Yep, that's still a thing
Anders Bylund is a Foolish Technology and Entertainment Specialist. Where the two markets intersect, you'll find his wheelhouse. He has been an official Fool since 2006 but a jester all his life.
What happened
Shares of Phunware ( NASDAQ:PHUN) rose 1,988% higher in January, according to data from S&P Global Market Intelligence. The provider of development tools for mobile apps, including a unique blockchain-based security token known as PhunCoin, started the month as a penny stock with a $310 million market cap.
So what
The surge started with Phunware completing its merger with capital investment firm Stellar Acquisition III. The deal brought Phunware onto the public markets after a decade of operations as a private company, while putting Stellar Acquisition's capital to use after two and a half years of accumulating funds without a clear target.
Now what
The stock has settled down a bit in February and is now trading just 752% higher since the new year. Phunware's surge is proof positive that the market still can get excited about blockchain tools and cryptocurrency stocks, but we don't have any actual business results available for this company yet.