FNKO Stock Analysis: Funko | NASDAQ

Collectible Figures, Plush, Apparel, Homewares

Total Rating 63

Safety 61

Buy Signal 0.48

Leisure
Industry Rotation: +13.2

Market Cap: 308M
Avg Turnover: 5.68M

Risk 3d forecast

Volatility68.9%

VaR 5^th Pctl11.0%

VaR vs Median-2.96%

Reward TTM

Sharpe Ratio1.18

Rel. Str. IBD93.5

Rel. Str. Peer Group98.5

Character TTM

Beta2.387

Beta Downside3.532

Hurst Exponent0.494

Drawdowns 3y

Max DD83.03%

CAGR/Max DD-0.06

CAGR/Mean DD-0.13

EPS (Earnings per Share)

Last SUE: 3.68
Qual. Beats: 2

Revenue

Rev. CAGR: -7.80%
Rev. Trend: -95.6%

Last SUE: 0.82
Qual. Beats: 0

Warnings

Altman Z'' In Financial Distress Zone

Below Avwap Earnings

Tailwinds

Rs Leader

Idiosyncratic Leader

Seasonality 8.9 years of data

Jan +4.7% 29

Feb +1.4% 14

Mar -9.2% 41

Apr -0.4% 0

May +21.6% 50

Jun +9.3% 37

Jul -1.9% 14

Aug -3.9% 16

Sep +1.4% 9

Oct -4.0% 10

Nov -9.6% 31

Dec +13.5% 58

How good or bad each month usually is (without trend). The score below shows how much you can trust it: 0 = pure chance, >40 gets interesting and >55 is strong.

Description: FNKO Funko

Funko, Inc. (NASDAQ: FNKO) is a pop culture consumer products company that designs, manufactures, and markets licensed collectibles and consumer goods. The company operates primarily under a licensing business model, acquiring rights to intellectual property from media and entertainment franchises and producing branded merchandise around them.

Its product portfolio spans figures, plush, apparel, accessories, bags, homewares, digital tokens (NFTs), and other collectibles, marketed under brands such as Pop!, Loungefly, Funko Plush, and Mystery Minis. Licensing categories include classic evergreen properties, movie releases, current TV shows, and current video games. The company sells through specialty retailers, mass-market retailers, e-commerce sites, distributors, and convention/exhibition channels, including its own direct-to-consumer e-commerce platform.

Founded in 1998 and headquartered in Everett, Washington, Funko is classified within the GICS Consumer Discretionary sector, Distributors sub-industry. The company IPOd in November 2017 and currently has a small-cap market capitalization of approximately $306 million USD. As a licensee-driven business, Funkos revenue is tied to the popularity and release cadence of third-party entertainment properties, exposing it to demand cyclicality tied to specific film, TV, and gaming franchises.

Headlines to Watch Out For

Marvel and Disney film slates drive Pop! collectibles revenue
Inventory write-downs and promotional discounts pressure gross margins
Specialty retailer and mass-market channel demand softens as collectibles market normalizes

Piotroski VR-10 (Strict) 3.5

Net Income: -1.97m TTM > 0 and > 6% of Revenue
FCF/TA: 0.04 > 0.02 and ΔFCF/TA 6.62 > 1.0
NWC/Revenue: 4.15% < 20% (prev -16.66%; Δ 20.81% < -1%)
CFO/TA 0.10 > 3% & CFO 63.0m > Net Income -1.97m
Net Debt (280.9m) to EBITDA (85.7m): 3.28 < 3
Current Ratio: 1.16 > 1.5 & < 3
Outstanding Shares: last quarter (55.6m) vs 12m ago 2.36% < -2%
Gross Margin: 43.22% > 18% (prev 39.47%; Δ 3.75% > 0.5%)
Asset Turnover: 138.3% > 50% (prev 139.7%; Δ -1.38% > 0%)
Interest Coverage Ratio: 1.24 > 6 (EBIT TTM 25.8m / Interest Expense TTM 20.9m)

Altman Z'' 0.18

A: 0.06 (Total Current Assets 274.6m - Total Current Liabilities 235.9m) / Total Assets 653.7m
B: -0.27 (Retained Earnings -178.8m / Total Assets 653.7m)
C: 0.04 (EBIT TTM 25.8m / Avg Total Assets 674.3m)
D: 0.40 (Book Value of Equity 187.7m / Total Liabilities 466.0m)
Altman-Z'' = 0.18 = B

Beneish M -3.15

DSRI: 0.97 (Receivables 93.6m/100.0m, Revenue 932.6m/970.7m)
GMI: 0.91 (GM 39.47% / 43.22%)
AQI: 1.02 (AQ_t 0.42 / AQ_t-1 0.41)
SGI: 0.96 (Revenue 932.6m / 970.7m)
TATA: -0.10 (NI -1.97m - CFO 63.0m) / TA 653.7m)
Beneish M = -3.15 (Cap -4..+1) = AA

What is the price of FNKO shares?

As of October 05, 2026, the stock is trading at USD 5.86 with a total of 475,120 shares traded. Over the past week, the price has changed by +6.55%, over one month by -2.17%, over three months by +6.35% and over the past year by +86.62%.

Current recommended Stop Loss: 5.40 (which is 7.8% or 1.5 ATR below the current price).

Is FNKO a buy, sell or hold?

Funko has received a consensus analysts rating of 4.00. Therefore, it is recommended to buy FNKO.

StrongBuy: 1
Buy: 0
Hold: 1
Sell: 0
StrongSell: 0

What are the forecasts/targets for the FNKO price?

Analysts Target Price	7.5	28%

Funko (FNKO) - Fundamental Data Overview as of 29 September 2026

Market Cap USD = 308.0m (308.0m USD * 1.0 USD.USD)
P/E Forward = 10.6383
P/S = 0.3302
P/B = 1.5871
Revenue TTM = 932.6m USD
EBIT TTM = 25.8m USD
EBITDA TTM = 85.7m USD
Long Term Debt = 182.7m USD (from longTermDebt, last quarter)
Short Term Debt = 35.4m USD (from shortTermDebt, last quarter)
Debt = 321.6m USD (from shortLongTermDebtTotal, last quarter) + Leases 60.3m
Net Debt = 280.9m USD (calculated: Debt 321.6m - CCE 40.7m)
Enterprise Value = 588.9m USD (308.0m + Debt 321.6m - CCE 40.7m)
Interest Coverage Ratio = 1.24 (Ebit TTM 25.8m / Interest Expense TTM 20.9m)
EV/FCF = 21.62x (Enterprise Value 588.9m / FCF TTM 27.2m)
FCF Yield = 4.63% (FCF TTM 27.2m / Enterprise Value 588.9m)
FCF Margin = 2.92% (FCF TTM 27.2m / Revenue TTM 932.6m)
Net Margin = -0.21% (Net Income TTM -1.97m / Revenue TTM 932.6m)
Gross Margin = 43.22% ((Revenue TTM 932.6m - Cost of Revenue TTM 529.6m) / Revenue TTM)
Gross Margin QoQ = 49.04% (prev 44.21%)
Tobins Q-Ratio = 0.90 (Enterprise Value 588.9m / Total Assets 653.7m)
Interest Expense / Debt = 6.50% (Interest Expense 20.9m / Debt 321.6m)
Taxrate = 6.17% (1.02m / 16.5m)
NOPAT = 24.2m (EBIT 25.8m * (1 - 6.17%))
Current Ratio = 1.16 (Total Current Assets 274.6m / Total Current Liabilities 235.9m)
Debt / Equity = 1.71 (Debt 321.6m / totalStockholderEquity, last quarter 187.7m)
Debt / EBITDA = 3.28 (Net Debt 280.9m / EBITDA 85.7m)
Debt / FCF = 10.31 (Net Debt 280.9m / FCF TTM 27.2m)
Total Stockholder Equity = 181.3m (last 4 quarters mean from totalStockholderEquity)
RoA = -0.29% (Net Income -1.97m / Total Assets 653.7m)
RoE = -1.09% (Net Income TTM -1.97m / Total Stockholder Equity 181.3m)
RoCE = 7.09% (EBIT 25.8m / Capital Employed (Equity 181.3m + L.T.Debt 182.7m))
RoIC = 5.87% (NOPAT 24.2m / Invested Capital 412.5m)
WACC = 10.15% (E(308.0m)/V(629.6m) * Re(14.38%) + D(321.6m)/V(629.6m) * Rd(6.50%) * (1-Tc(0.06)))
Discount Rate = 14.38% (= CAPM, Blume Beta Adj.) -> capped to 13.17%
Shares (quarterly) Correlation: 91.96 | Cagr: 4.22%
[DCF] Terminal Value 69.40% ; FCFF base≈27.2m ; Y1≈27.4m ; Y5≈29.0m
[DCF] Fair Price = 1.15 (EV 345.2m - Net Debt 280.9m = Equity 64.3m / Shares 56.0m; r=10.15% [WACC]; 5y FCF grow 0.0% → 2.50% )
EPS Correlation: N/A | EPS CAGR: N/A | SUE: 3.68 | # QB: 2
Revenue Correlation: -95.57 | Revenue CAGR: -7.80% | SUE: 0.82 | # QB: 0
EPS current Quarter (2026-09-30): EPS=0.09 | Chg30d=-6.70% | Revisions=-25% | Analysts=3
EPS current Year (2026-12-31): EPS=0.38 | Chg30d=+13.43% | Revisions=+0% | GrowthEPS=+154.3% | GrowthRev=+2.7%
EPS next Year (2027-12-31): EPS=0.31 | Chg30d=+33.35% | Revisions=-25% | GrowthEPS=-19.3% | GrowthRev=+6.5%
[Analyst] Revisions Ratio: -40% (up=0, down=2)