In a report released today, Darren Aftahi from Roth MKM maintained a Buy rating on Phunware (PHUN – Research Report), with a price target of $1.00. The company’s shares closed yesterday at $0.64.
According to TipRanks, Aftahi is a 4-star analyst with an average return of 7.8% and a 35.12% success rate. Aftahi covers the Technology sector, focusing on stocks such as Shopify, Alarm, and Phunware.
Phunware has an analyst consensus of Strong Buy, with a price target consensus of $2.67.
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The company has a one-year high of $1.96 and a one-year low of $0.55. Currently, Phunware has an average volume of 869.9K.
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Phunware, Inc. engages in the development of a Multiscreen-as-a-Service platform, an enterprise cloud platform for mobile. It provides companies the products, solutions, data, and services necessary to engage, manage, and monetize mobile application portfolios and audiences at scale. Its platform also allows for the licensing and creation of category-defining mobile experiences for brands and their application users worldwide. The company was founded by Alan S. Knitowski and Luan Dang in February 2009 and is headquartered in Austin, TX.
Read More on PHUN:
- PHUN Earnings this Week: How Will it Perform?
- Phunware to Present at the 18th Annual Needham Technology & Media Conference on May 16, 2023
- Phunware Sets First Quarter 2023 Earnings Call for Thursday, May 11, 2023 at 4:30 p.m. ET
- Phunware Receives Notice of Allowance for United States Patent for Innovative Geofence Event Prediction Technology
- Phunware receives notice of allowance for patent on geofence event predictions
