Overview

• Phunware Q3 2025 revenue decreased 6.5% yr/yr to $0.6 mln

• Net loss improved to $2.4 mln from $2.8 mln in Q3 2024

• Company focuses on AI technology integration and corporate initiatives

Outlook

• Phunware plans to expand AI features in its product offerings

• Phunware maintains strong liquidity to support AI and sales initiatives

Result Drivers

• AI CONCIERGE DEVELOPMENT - Phunware is advancing its AI Concierge product, currently in pilot testing, to enhance customer engagement and monetization in hospitality applications

• SALES AND MARKETING INVESTMENT - Increased investments in sales and marketing to boost brand and performance marketing, including a new website launch and additional leadership

Key Details

Analyst Coverage

• The current average analyst rating on the shares is "buy" and the breakdown of recommendations is 3 "strong buy" or "buy", 1 "hold" and no "sell" or "strong sell"

• The average consensus recommendation for the software peer group is "buy"

• Wall Street's median 12-month price target for Phunware Inc is $4.25, about 44.5% above its November 5 closing price of $2.36

Press Release: ID:nGNX5NDDXS

For questions concerning the data in this report, contact Estimates.Support@lseg.com. For any other questions or feedback, contact RefinitivNewsSupport@thomsonreuters.com.

(This story was created using Reuters automation and AI based on LSEG and company data. It was checked and edited by a Reuters journalist prior to publication.)