Analysts Issue Forecasts for WidePoint Q3 Earnings

WidePoint Corporation (NYSEAMERICAN:WYY) – Investment analysts at Litchfield Hills Research lifted their Q3 2026 earnings estimates for shares of WidePoint in a research note issued to investors on Monday, August 17th. Litchfield Hills Research analyst B. Sine now anticipates that the technology company will earn $0.09 per share for the quarter, up from their prior forecast of $0.02. The consensus estimate for WidePoint’s current full-year earnings is $0.03 per share. Litchfield Hills Research also issued estimates for WidePoint’s Q4 2026 earnings at $0.00 EPS, Q2 2027 earnings at $0.26 EPS and FY2027 earnings at $1.37 EPS.

WidePoint (NYSEAMERICAN:WYY) last posted its earnings results on Thursday, August 13th. The technology company reported $0.01 earnings per share (EPS) for the quarter, missing analysts’ consensus estimates of $0.04 by ($0.03). WidePoint had a negative net margin of 0.81% and a negative return on equity of 10.74%. The business had revenue of $38.00 million during the quarter, compared to analyst estimates of $41.83 million.

Separately, Zacks Research lowered WidePoint from a “strong-buy” rating to a “hold” rating in a report on Thursday, August 13th. Two equities research analysts have rated the stock with a Buy rating and one has given a Hold rating to the company’s stock. According to data from MarketBeat.com, the company has an average rating of “Moderate Buy” and a consensus target price of $9.00.

WidePoint Stock Performance

Shares of WYY stock opened at $9.34 on Thursday. The company has a market capitalization of $93.40 million, a P/E ratio of -71.84 and a beta of 1.77. The company’s 50 day moving average price is $12.59 and its two-hundred day moving average price is $8.66. WidePoint has a 52 week low of $3.75 and a 52 week high of $24.30.

Insider Activity

In related news, CFO Robert J. George sold 16,882 shares of the stock in a transaction on Monday, June 29th. The stock was sold at an average price of $16.16, for a total value of $272,813.12. Following the sale, the chief financial officer owned 19,842 shares in the company, valued at approximately $320,646.72. This represents a 45.97% decrease in their position. The transaction was disclosed in a legal filing with the Securities & Exchange Commission, which is accessible through the SEC website. Also, COO Todd Dzyak sold 5,000 shares of the firm’s stock in a transaction on Thursday, July 9th. The shares were sold at an average price of $12.75, for a total value of $63,750.00. Following the sale, the chief operating officer directly owned 110,436 shares of the company’s stock, valued at $1,408,059. This represents a 4.33% decrease in their position. The SEC filing for this sale provides additional information. Insiders sold a total of 82,745 shares of company stock valued at $1,355,144 over the last three months. Insiders own 16.10% of the company’s stock.

Institutional Inflows and Outflows

Large investors have recently added to or reduced their stakes in the company. Royal Bank of Canada raised its position in shares of WidePoint by 19,130.8% in the first quarter. Royal Bank of Canada now owns 5,000 shares of the technology company’s stock valued at $25,000 after buying an additional 4,974 shares in the last quarter. PNC Financial Services Group Inc. acquired a new stake in shares of WidePoint during the 1st quarter worth $50,000. XTX Topco Ltd bought a new position in shares of WidePoint in the second quarter worth $58,000. Cassaday & Co Wealth Management LLC bought a new position in shares of WidePoint in the first quarter worth $87,000. Finally, NewEdge Advisors LLC acquired a new position in WidePoint in the second quarter valued at about $74,000. Institutional investors own 22.60% of the company’s stock.

WidePoint Company Profile

WidePoint Corporation (NYSE American: WYY) is a provider of secure mobility management and identity management solutions. Headquartered in Reston, Virginia, the company delivers a range of managed services designed to help organizations control and secure their telecommunications and IT environments. Since its inception in the late 1990s, WidePoint has focused on helping businesses and government agencies optimize their mobile device portfolios and ensure regulatory compliance.

WidePoint’s core offerings include mobile device management, telecom expense management, and unified endpoint security.