Shares of Phunware Inc (PHUN, Financial) surged 16.32% in mid-day trading on Oct 23. The stock reached an intraday high of $14.60, before settling at $13.54, up from its previous close of $11.64. This places PHUN 44.72% below its 52-week high of $24.50 and 375.09% above its 52-week low of $2.85. Trading volume was 29,624,698 shares, 1,330.2% of the average daily volume of 2,227,068.
Wall Street Analysts Forecast
Based on the one-year price targets offered by 4 analysts, the average target price for Phunware Inc (PHUN, Financial) is $15.25 with a high estimate of $20.00 and a low estimate of $9.00. The average target implies an upside of 12.63% from the current price of $13.54. More detailed estimate data can be found on the Phunware Inc (PHUN) Forecast page.
Based on the consensus recommendation from 4 brokerage firms, Phunware Inc's (PHUN, Financial) average brokerage recommendation is currently 2.0, indicating "Outperform" status. The rating scale ranges from 1 to 5, where 1 signifies Strong Buy, and 5 denotes Sell.
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