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Funko ( (FNKO) ) has shared an announcement.
Funko, Inc. has released its consolidated financial statements for the years ending December 31, 2024, 2023, and 2022, revealing material weaknesses in its internal control over financial reporting as of December 31, 2024. The company faces substantial doubt about its ability to continue as a going concern due to adverse effects on net sales, margins, and profitability, exacerbated by tariffs. Additionally, Funko changed its accounting principle regarding crypto asset safeguarding in 2024.
The most recent analyst rating on (FNKO) stock is a Sell with a $7.00 price target. To see the full list of analyst forecasts on Funko stock, see the FNKO Stock Forecast page.
Spark’s Take on FNKO Stock
According to Spark, TipRanks’ AI Analyst, FNKO is a Neutral.
Funko’s stock score is primarily affected by its challenging financial performance and bearish technical indicators. Despite positive steps in cost reduction and international growth, profitability issues, tariff impacts, and liquidity concerns weigh heavily on its valuation.
To see Spark’s full report on FNKO stock, click here.
More about Funko
Funko, Inc. operates in the collectibles industry, primarily producing licensed pop culture collectibles, including vinyl figures, action toys, and other related merchandise.
Average Trading Volume: 1,210,459
Technical Sentiment Signal: Sell
Current Market Cap: $197.8M
See more data about FNKO stock on TipRanks’ Stock Analysis page.