Funko (FNKO)

• Market cap: $676M
• 1 day: 7.30%
• 5 days: 6.66%
• 1 month: 20.91%
• 3 months: 7.30%
• 6 months: 23.18%
• Year to date: 65.43%
• 1 year: 75.67%
• 5 years: -22.57%
• 10 years: 76.66%
• Sector: Consumer Discretionary
• Industry: Games, Toys & Children’s Vehicles, Except Dolls & Bicycles

About: Funko Inc is an us-based pop culture consumer products company. It creates whimsical, fun, and different products that enable the customer to express their affinity for their favorite through the movie, TV show, video game, musician, or sports team. The company's current products are principally figures, fashion accessories, apparel, plush products, accessories, homewares, and NFTs. The company sells its products through a diverse network of retail customers across multiple retail channels, including specialty retailers, mass-market retailers, and e-commerce sites. The company generates the majority of its revenue from the core collectibles products.

Employees: 1,280

Fund manager confidence

Based on 2024 Q3 regulatory filings by fund managers ($100M+ AUM)

32% more first-time investments, than exits

New positions opened: 25 | Existing positions closed: 19

18% more capital invested

Capital invested by funds: $465M [Q2] → $547M (+$81.5M) [Q3]

5% more funds holding

Funds holding: 125 [Q2] → 131 (+6) [Q3]

0% more funds holding in top 10

Funds holding in top 10: 3 [Q2] → 3 (+0) [Q3]

6.16% less ownership

Funds ownership: 91.39% [Q2] → 85.22% (-6.16%) [Q3]

16% less repeat investments, than reductions

Existing positions increased: 37 | Existing positions reduced: 44

47% less call options, than puts

Call options by funds: $1.78M | Put options by funds: $3.34M

Research analyst outlook

2 Wall Street Analysts provided 1 year price targets over the past 3 months

• Low target: $10.50 16% downside
• Avg. target: $13.25 6% upside
• High target: $16 28% upside

2 analyst ratings

• positive: 1 50%
• neutral: 1 50%
• negative: 0 0%

DA Davidson Linda Bolton Weiser 41% 1-year accuracy 42 / 102 met price target	28% upside $16	Buy Maintained	14 Nov 2024
Stifel Drew Crum 55% 1-year accuracy 17 / 31 met price target	16% downside $10.50	Hold Maintained	22 Oct 2024