Phunware Shareholders Approve Directors, Auditor and Executive Pay

Phunware ( (PHUN) ) has issued an announcement.

On December 17, 2025, Phunware held its 2025 Annual Meeting of Stockholders, where shareholders voted on board composition, executive compensation practices, and the company’s independent auditor for the current fiscal year. Stockholders elected two Class I directors, Jeremy Krol and Ed Lu, to serve until the 2028 annual meeting, ratified the appointment of CBIZ CPAs P.C. as Phunware’s independent registered public accounting firm for the fiscal year ending December 31, 2025, and approved on a non-binding basis the compensation of the company’s named executive officers, while also providing guidance on the preferred frequency of future advisory votes on executive pay; no other matters were brought for stockholder action, signaling continuity in governance and financial oversight for the company.

The most recent analyst rating on (PHUN) stock is a Hold with a $2.00 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 operates in the technology sector, providing enterprise cloud and mobile software solutions focused on the integration of mobile experiences, data, and monetization for brands and businesses.

Average Trading Volume: 201,202

Technical Sentiment Signal: Strong Sell

Current Market Cap: $37.55M

See more data about PHUN stock on TipRanks’ Stock Analysis page.