Phunware Announces New Leadership Appointments

An update from Phunware ( (PHUN) ) is now available.

On July 13, 2025, Phunware, Inc. announced significant changes in its leadership team. Rahul Mewawalla was appointed as Executive Chairman and Chief AI Architect, while Jeremy Krol was named Interim Chief Executive Officer, replacing Stephen Chen. These leadership updates aim to enhance Phunware’s innovation and growth, particularly in advancing its artificial intelligence priorities. The company believes that these appointments will strengthen its capabilities and accelerate the execution of its long-term strategic goals.

The most recent analyst rating on (PHUN) stock is a Buy with a $13.00 price target. To see the full list of analyst forecasts on Phunware stock, see the PHUN Stock Forecast page.

Spark’s Take on PHUN Stock

According to Spark, TipRanks’ AI Analyst, PHUN is a Underperform.

Phunware’s overall score reflects significant financial challenges and weak technical indicators. The company’s persistent losses, negative cash flows, and reliance on external financing raise concerns about its long-term viability. Although the appointment of a new COO could improve operations, it does not sufficiently offset the current negative financial and technical outlook.

To see Spark’s full report on PHUN stock, click here.

More about Phunware

Phunware, Inc. is an enterprise software company specializing in mobile app solutions with integrated intelligent capabilities. It provides businesses with tools to create, implement, and manage custom mobile applications, analytics, digital advertising, and location-based services. The company is focused on transforming mobile engagement by delivering scalable, personalized, and data-driven mobile app experiences.

Average Trading Volume: 259,308

Technical Sentiment Signal: Sell

Current Market Cap: $62.53M

For an in-depth examination of PHUN stock, go to TipRanks’ Overview page.