WidePoint (WYY) to Release Quarterly Earnings on Thursday

WidePoint (NYSEAMERICAN:WYY) is projected to issue its Q1 2026 results after the market closes on Thursday, May 14th. Analysts expect the company to announce earnings of ($0.12) per share and revenue of $39.2460 million for the quarter. Investors are encouraged to explore the company’s upcoming Q1 2026 earning overview page for the latest details on the call scheduled for Thursday, May 14, 2026 at 4:30 PM ET.

WidePoint (NYSEAMERICAN:WYY) last issued its earnings results on Wednesday, March 25th. The technology company reported ($0.09) earnings per share for the quarter, missing analysts’ consensus estimates of ($0.01) by ($0.08). The firm had revenue of $42.32 million for the quarter, compared to analyst estimates of $40.28 million. WidePoint had a negative return on equity of 22.35% and a negative net margin of 1.83%. On average, analysts expect WidePoint to post $0 EPS for the current fiscal year and $0 EPS for the next fiscal year.

WidePoint Trading Down 15.0%

Shares of WYY opened at $8.16 on Thursday. The company has a market cap of $80.54 million, a price-to-earnings ratio of -28.14 and a beta of 1.59. WidePoint has a 1-year low of $2.80 and a 1-year high of $10.49. The company’s fifty day simple moving average is $5.08 and its 200 day simple moving average is $5.84.

Wall Street Analysts Forecast Growth

A number of equities analysts recently weighed in on WYY shares. Zacks Research downgraded shares of WidePoint from a “hold” rating to a “strong sell” rating in a report on Monday, March 30th. HC Wainwright restated a “buy” rating and set a $9.00 target price on shares of WidePoint in a report on Monday, March 30th. Three investment analysts have rated the stock with a Buy rating and one has assigned a Sell rating to the stock. According to data from MarketBeat.com, the stock presently has a consensus rating of “Moderate Buy” and an average price target of $8.67.

Hedge Funds Weigh In On WidePoint

Several institutional investors and hedge funds have recently modified their holdings of the stock. NewEdge Advisors LLC increased its holdings in shares of WidePoint by 194.5% in the fourth quarter. NewEdge Advisors LLC now owns 46,028 shares of the technology company’s stock valued at $247,000 after purchasing an additional 30,397 shares during the last quarter. State Street Corp boosted its position in shares of WidePoint by 9.7% in the fourth quarter. State Street Corp now owns 27,153 shares of the technology company’s stock valued at $146,000 after acquiring an additional 2,400 shares during the period. Jane Street Group LLC boosted its position in shares of WidePoint by 98.6% in the fourth quarter. Jane Street Group LLC now owns 52,751 shares of the technology company’s stock valued at $283,000 after acquiring an additional 26,193 shares during the period. Renaissance Technologies LLC boosted its position in shares of WidePoint by 3.0% in the fourth quarter. Renaissance Technologies LLC now owns 132,098 shares of the technology company’s stock valued at $709,000 after acquiring an additional 3,898 shares during the period. Finally, Informed Momentum Co LLC bought a new stake in shares of WidePoint in the fourth quarter valued at about $527,000. 22.60% of the stock is currently owned by institutional investors and hedge funds.

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.