Phunware (PHUN) Soars 14.7%: Is Further Upside Left in the Stock?

Company Overview - Phunware (PHUN) shares increased by 14.7% to $5.39 in the last trading session, with a notable trading volume, and have gained 37.8% over the past four weeks [1] - The company is experiencing strong customer retention and increased bookings, particularly in the hospitality and healthcare sectors [1] Earnings Expectations - Phunware is expected to report a quarterly loss of $0.26 per share, reflecting a year-over-year change of +89.6%, with revenues projected at $1.4 million, down 49.8% from the previous year [2] - The consensus EPS estimate for Phunware has remained unchanged over the last 30 days, indicating that stock price movements may not sustain without trends in earnings estimate revisions [3] Industry Context - Phunware operates within the Zacks Internet - Software industry, which includes other companies like Snowflake Inc. (SNOW) [3] - Snowflake's consensus EPS estimate for its upcoming report is $0.15, representing a -40% change from the previous year, and it also holds a Zacks Rank of 3 (Hold) [4]