Funko (FNKO) AI Stock Analysis

• Market Cap: $265.89M
• Dividend Yield: N/A
• Average Volume (3M): 1.39M
• Price to Earnings (P/E): ―
• Beta (1Y): 1.68
• Revenue Growth: -3.30%
• EPS Growth: 85.53%
• Country: US
• Employees: 1,267
• Sector: Consumer Cyclical
• Sector Strength: 57
• Industry: Leisure
• EPS (TTM): -0.33
• Shares Outstanding: 54,287,354
• 10 Day Avg. Volume: 1,316,296
• 30 Day Avg. Volume: 1,387,609
• PEG Ratio: 0.87
• Price to Book (P/B): 1.32
• Price to Sales (P/S): 0.00
• P/FCF Ratio: -4.90
• Enterprise Value/Market Cap: 3.06
• Enterprise Value/Revenue: 0.19
• Enterprise Value/Gross Profit: 1.91
• Enterprise Value/Ebitda: 3.20
• 1Y Price Target: $6.75
• Price Target Upside: 39.46% Upside
• Rating Consensus: Moderate Buy
• Number of Analyst Covering: 3

• Rating: 49 Neutral
• Price Target: $5.00 ▲(3.31%Upside)

Funko faces significant challenges with financial performance and valuation, as indicated by negative earnings and the withdrawal of future outlooks. Technical indicators are bearish, and while international growth and strategic initiatives provide some optimism, concerns about profitability and leverage weigh heavily on the overall score.

Positive Factors

Leadership Strategy

Analyst remains confident in the potential for strengthening growth trends due to new CEO Cynthia William's strategies.

Product Demand

Content-led product demand is promising, with FNKO poised to benefit from product launches tied to major Hollywood properties.

Negative Factors

Retail Caution

Retailers remain cautious into the holidays.

Funko Business Overview & Revenue Model

Company Description

Funko, Inc., a pop culture consumer products company, designs, sources, and distributes licensed pop culture products in the United States, Europe, and internationally. The company provides vinyl, blind-packed miniature, and action figures; fashion accessories, including bags, backpacks, and wallets; apparel, such as t-shirts and hats; board games, plush products, and accessories, such as keychains, pens, and pins; homewares, comprising drinkware, and other home accessories, non-fungible tokens, and others. It offers its products under the Funko, Pop!, Loungefly, Mystery Minis, Paka Paka, Vinyl Gold, Funko Soda, Funko Games, Funko action figures, Funko Plush, Funko Gold, and Popsies brand names; and licenses its properties under the classic evergreen, movie release, current TV, and current video game categories. The company sells its products to specialty retailers, mass-market retailers, e-commerce sites, and distributors; and at specialty licensing and comic book shows, conventions, and exhibitions, as well as through its e-commerce business. Funko, Inc. was incorporated in 2017 and is headquartered in Everett, Washington.

How the Company Makes Money

Funko generates revenue primarily through the sale of its licensed pop culture products, with a significant portion coming from its Pop! Vinyl figures. The company partners with major studios, entertainment companies, and other license holders to acquire the rights to create products based on popular franchises and characters. Funko sells its products through various channels, including wholesale to retailers, direct-to-consumer via its e-commerce platform, and through its own retail stores. Additionally, Funko collaborates with retailers for exclusive product offerings and participates in various trade shows and conventions to boost sales and brand visibility. These diverse revenue streams are supported by its strategic partnerships and a robust licensing model that capitalizes on consumer demand for pop culture merchandise.

Funko Financial Statement Overview

Summary

Funko shows mixed financial performance with challenges in profitability and revenue. While cash flow has improved, leverage and negative profit margins are concerns.

Income Statement

Funko's revenue has shown volatility, with a decrease from 2022 to 2023, followed by a slight recovery in TTM. The gross profit margin is moderate but declining, indicating cost challenges. The company has struggled with profitability, reporting negative net income and EBIT margins in recent periods.

Balance Sheet

The balance sheet reflects moderate leverage with a debt-to-equity ratio that increased significantly due to declining equity. The company's equity ratio indicates a lower proportion of assets financed by equity, posing a stability risk. However, liquidity appears adequate with cash reserves and manageable debt levels.

Cash Flow

Funko's cash flow position shows resilience with positive free cash flow in the TTM, reversing previous negative trends. The operating cash flow to net income ratio is strong, highlighting good cash generation relative to earnings. However, cash flow volatility remains a concern.

Breakdown
TTM	Dec 2024	Dec 2023	Dec 2022	Dec 2021	Dec 2020
Income Statement		Total Revenue
1.02B	1.05B	1.10B	1.32B	1.03B	652.54M
	Gross Profit
425.13M	434.53M	333.00M	434.02M	380.99M	249.15M
	EBIT
4.70M	12.99M	-103.83M	-12.71M	95.47M	23.54M
	EBITDA
65.96M	72.65M	55.79M	34.96M	136.66M	67.91M
	Net Income Common Stockholders
-19.64M	-14.72M	-154.08M	-5.24M	67.85M	9.76M
Balance Sheet		Cash, Cash Equivalents and Short-Term Investments
25.93M	34.66M	36.45M	19.20M	83.56M	52.26M
	Total Assets
648.40M	707.25M	804.64M	1.09B	967.50M	763.59M
	Total Debt
276.81M	260.31M	362.35M	347.08M	238.63M	262.12M
	Net Debt
250.88M	225.65M	325.90M	327.88M	155.07M	209.87M
	Total Liabilities
435.60M	470.90M	566.61M	701.46M	570.95M	441.14M
	Stockholders Equity
212.80M	233.02M	231.94M	368.22M	321.64M	242.27M
Cash Flow		Free Cash Flow
51.57M	90.73M	-4.20M	-99.28M	59.60M	88.76M
	Operating Cash Flow
86.75M	123.52M	30.93M	-40.13M	87.36M	107.24M
	Investing Cash Flow
-34.34M	-25.23M	-39.80M	-78.06M	-27.38M	-18.48M
	Financing Cash Flow
-52.47M	-99.24M	25.60M	54.64M	-28.63M	-61.84M

Funko Technical Analysis

• Technical Analysis Sentiment: Negative
• Last Price: 4.84
• 50DMA: Positive
• 100DMA: Negative
• 200DMA: Negative
• MACD: Negative
• RSI: Neutral
• STOCH: Neutral

Evaluating momentum and price trends is crucial in stock analysis to make informed investment decisions. For FNKO, the sentiment is Negative. The current price of 4.84 is above the 20-day moving average (MA) of 4.58, above the 50-day MA of 4.38, and below the 200-day MA of 9.63, indicating a neutral trend. The MACD of 0.13 indicates Negative momentum. The RSI at 52.85 is Neutral, neither overbought nor oversold. The STOCH value of 38.25 is Neutral, not indicating any strong overbought or oversold conditions. Overall, these indicators collectively point to a Negative sentiment for FNKO.

Funko Peers Comparison

Name	Overall Rating	Market Cap	P/E Ratio	ROE	Dividend Yield	Revenue Growth	EPS Growth
MAT	77 Outperform	$6.15B	12.28	25.50%	―	-0.73%	88.76%
JAKK	77 Outperform	$226.94M	4.99	21.81%	4.91%	2.89%	41.09%
HAS	72 Outperform	$9.62B	22.64	39.16%	4.08%	-10.31%	―
ESCA	68 Neutral	$191.64M	14.11	8.29%	4.32%	-5.40%	9.57%
Sector *	62 Neutral	$6.76B	11.06	2.80%	6.66%	2.68%	-24.89%
JOUT	61 Neutral	$301.60M	―	-9.70%	4.51%	-7.28%	-924.86%
FNKO	49 Neutral	$265.89M	―	-9.24%	―	-3.30%	85.53%

Funko Corporate Events

Funko Elects New Directors at Annual Meeting

On June 12, 2025, Funko, Inc. held its Annual Meeting of Stockholders, where approximately 85.77% of the company’s outstanding common stock was represented. During the meeting, Trevor Edwards, Michael Lunsford, and Cynthia Williams were elected as Class II directors, and the stockholders approved the appointment of PricewaterhouseCoopers LLP as the independent registered public accounting firm for 2025, as well as the compensation of the company’s named executive officers.

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.