DA Davidson Has Bearish Forecast for Funko FY2026 Earnings

Funko, Inc. (NASDAQ:FNKO) – Investment analysts at DA Davidson dropped their FY2026 earnings per share estimates for Funko in a research report issued to clients and investors on Tuesday, July 29th. DA Davidson analyst K. Cox now forecasts that the company will earn $0.31 per share for the year, down from their prior forecast of $0.42. DA Davidson has a “Buy” rating and a $7.00 price objective on the stock. The consensus estimate for Funko’s current full-year earnings is ($0.12) per share.

Funko (NASDAQ:FNKO) last issued its quarterly earnings data on Thursday, May 8th. The company reported ($0.33) earnings per share (EPS) for the quarter, beating analysts’ consensus estimates of ($0.43) by $0.10. Funko had a negative return on equity of 5.01% and a negative net margin of 1.92%. The business had revenue of $190.74 million for the quarter, compared to the consensus estimate of $191.96 million. During the same period in the prior year, the business posted ($0.17) earnings per share. The company’s quarterly revenue was down 11.6% compared to the same quarter last year.

FNKO has been the topic of a number of other reports. The Goldman Sachs Group upgraded Funko from a “sell” rating to a “neutral” rating and decreased their price objective for the company from $7.00 to $5.50 in a research report on Wednesday, May 14th. Wall Street Zen downgraded Funko from a “hold” rating to a “sell” rating in a research report on Friday, July 18th. One investment analyst has rated the stock with a sell rating, two have issued a hold rating and two have issued a buy rating to the company. According to data from MarketBeat, the stock has a consensus rating of “Hold” and an average target price of $9.88.

Funko Trading Down 1.5%

Shares of FNKO stock opened at $3.90 on Wednesday. Funko has a 1 year low of $3.50 and a 1 year high of $14.65. The company has a debt-to-equity ratio of 0.44, a current ratio of 0.85 and a quick ratio of 0.54. The stock’s 50 day simple moving average is $4.59 and its two-hundred day simple moving average is $7.21. The company has a market cap of $214.27 million, a PE ratio of -10.54 and a beta of 0.80.

Insider Activity at Funko

In other news, CEO Cynthia W. Williams sold 47,457 shares of the stock in a transaction that occurred on Wednesday, May 21st. The stock was sold at an average price of $3.94, for a total value of $186,980.58. Following the sale, the chief executive officer directly owned 32,769 shares in the company, valued at approximately $129,109.86. This represents a 59.15% decrease in their ownership of the stock. The sale was disclosed in a filing with the SEC, which can be accessed through the SEC website. Also, insider Andrew David Oddie sold 9,580 shares of the stock in a transaction that occurred on Tuesday, May 13th. The stock was sold at an average price of $4.96, for a total value of $47,516.80. Following the completion of the sale, the insider owned 52,203 shares in the company, valued at approximately $258,926.88. The trade was a 15.51% decrease in their ownership of the stock. The disclosure for this sale can be found here. Corporate insiders own 3.27% of the company’s stock.

Institutional Investors Weigh In On Funko

Several hedge funds and other institutional investors have recently modified their holdings of the business. American Century Companies Inc. increased its holdings in Funko by 18.5% during the 4th quarter. American Century Companies Inc. now owns 680,231 shares of the company’s stock worth $9,108,000 after purchasing an additional 106,037 shares during the period. Vanguard Group Inc. increased its holdings in Funko by 2.7% during the 4th quarter. Vanguard Group Inc. now owns 1,958,331 shares of the company’s stock worth $26,222,000 after purchasing an additional 50,877 shares during the period. ExodusPoint Capital Management LP purchased a new position in Funko during the 4th quarter worth $342,000. Landscape Capital Management L.L.C. purchased a new position in Funko during the 4th quarter worth $3,606,000. Finally, Wells Fargo & Company MN increased its holdings in Funko by 18.0% during the 4th quarter. Wells Fargo & Company MN now owns 20,090 shares of the company’s stock worth $269,000 after purchasing an additional 3,070 shares during the period. 99.15% of the stock is currently owned by hedge funds and other institutional investors.

Funko Company Profile

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 media and entertainment content, including movies, television (TV) shows, video games, music, and sports; figures, handbags, backpacks, wallets, apparel, accessories, plush products, homewares, and digital non-fungible tokens; and art prints and vinyl records, posters, soundtracks, toys, books, games, and other collectibles.