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Home โบ Stocks โบ Sonim Technologies Inc. (SONM) Stock Forecast & Price Prediction United States | NASDAQ | Technology | Software - Infrastructure
$4.43
+0.34 (8.31%)Did SONM Make This Month's Elite Buy List?
We don't follow just any analyst โ only the top 3% with a proven track record make our cut. See if Sonim is one of their latest high-conviction picks.
SONM has shown a year-to-date change of 40.6% and a 1-year change of -88.8%, reflecting downward momentum over the past year. Comprehensive analyst forecasts are currently unavailable for SONM. Please refer to the price chart above for recent performance and trends.
Please note that analyst price targets are forward-looking estimates subject to substantial market, economic, and company-specific risks. Past performance does not guarantee future results, and actual stock performance may materially differ from these projections. Investors should conduct their own due diligence and consider their investment objectives and risk tolerance before making investment decisions.
These are the latest 20 analyst ratings and price targets for SONM.
| Date | Firm | Analyst | Rating | Change | Price Target |
|---|---|---|---|---|---|
| May 14, 2020 | B. Riley Securities | Buy | Maintains | $3.00 | |
| May 14, 2020 | B. Riley FBR | Buy | Maintains | $N/A | |
| Oct 31, 2019 | Oppenheimer | Perform | Downgrade | $N/A | |
| Sep 11, 2019 | B. Riley | Buy | Maintains | $N/A | |
| Sep 11, 2019 | B. Riley Securities | Buy | Maintains | $7.00 | |
| Jul 18, 2019 | B. Riley FBR | Buy | Initiates | $N/A | |
| Jul 9, 2019 | National Securities | Buy | Upgrade | $N/A | |
| Jun 10, 2019 | National Securities | Neutral | Initiates | $N/A | |
| Jun 4, 2019 | Oppenheimer | Outperform | Initiates | $N/A |
The following stocks are similar to Sonim based on their market capitalization and industry sector. These similar stocks potentially provide investors with alternative investment opportunities within the same market segment.
Sonim Technologies Inc. has a market capitalization of $6.59M with a P/E ratio of 10.1x. The company generates $59.11M in trailing twelve-month revenue with a -56.5% profit margin.
Revenue growth is +7.9% quarter-over-quarter, while maintaining an operating margin of -24.5% and return on equity of -455.8%.
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Develops ultra-rugged mobile devices for harsh environments.
Sonim Technologies generates revenue by designing, manufacturing, and selling ultra-rugged mobile devices targeted at industries like construction, manufacturing, transportation, and public safety. Their products are uniquely engineered to perform in extreme conditions, providing reliable communication solutions that enhance safety and productivity in critical situations.
Founded in 1999 and headquartered in Austin, Texas, Sonim Technologies is known for its innovation in rugged mobile technology. The company offers smartphones, feature phones, and connectivity solutions with features such as extended battery life and resistance to water and shock, making them ideal for field workers and emergency responders.
Technology
Software - Infrastructure
131
Mr. Michael C. Mulica
United States
2019
Sonim Technologies is rebranding as DNA X, Inc. following an asset sale to NEXA. Proceeds will be used for debt retirement and to support digital asset management operations.
The renaming to DNA X, Inc. and asset sale to NEXAยฎ signals a strategic shift that could enhance operational focus and financial stability, impacting stock performance and investor sentiment.
Sonim Technologies' stockholders approved the asset sale to NEXA, allowing Sonim to retire debt and focus on a new crypto trading platform, DNA X, post-transaction in January 2026.
The asset sale allows Sonim to eliminate debt and fund a new focus on its crypto trading platform, potentially enhancing its financial stability and growth prospects.
Sonim Technologies (NASDAQ: SONM) will hold a special stockholders' meeting to vote on a $15 million asset sale to NEXA Mobility, with a potential $5 million earn-out.
The proposed asset sale could significantly impact Sonim's valuation and liquidity, while the cash transaction may influence investor confidence and future growth prospects.
Sonim Technologies reported a 45% revenue increase in Q3 2025, narrowing net loss to $4.8 million. Stockholders approved a reverse stock split and share increase. Balance sheet improved through capital raises.
Sonim's 45% revenue growth and narrowed losses indicate improved performance and market demand, boosting investor confidence. Strategic initiatives and a strengthened balance sheet enhance future potential.
Sonim Technologies (NASDAQ: SONM) launched the XP3plus 5G, an ultra-rugged flip phone for first responders and enterprise users, now available on AT&T and certified for FirstNet.
Sonim Technologies' launch of the XP3plus 5G, certified for FirstNet, targets essential sectors, potentially driving demand and revenue growth, impacting stock performance positively.
Sonim Technologies (NASDAQ: SONM) reports Q2 2025 results, highlighting investments and product launches. Growth is expected in H2 2025 with tier-one carrier launches and progress on acquisition plans.
Sonim's growth potential from tier-one carrier launches and solid Q2 results signals increased market confidence, likely boosting stock performance and attracting investor interest.
Analyst forecasts for Sonim Technologies Inc. (SONM) are not currently available. The stock is trading at $4.43.
Analyst ratings for SONM are not currently available. The stock is currently trading at $4.43. Investment decisions should be based on thorough research and your personal financial goals. Always conduct your own research and consider your investment goals before making investment decisions.
Price predictions from Wall Street analysts for SONM are not currently available. The stock is trading at $4.43.
Sonim Technologies generates revenue by designing, manufacturing, and selling ultra-rugged mobile devices targeted at industries like construction, manufacturing, transportation, and public safety. Their products are uniquely engineered to perform in extreme conditions, providing reliable communication solutions that enhance safety and productivity in critical situations.
Price targets from Wall Street analysts for SONM are not currently available. The stock is trading at $4.43.
Price targets from Wall Street analysts for SONM are not currently available. The stock is trading at $4.43.
Analyst ratings for SONM are not currently available. The stock is trading at $4.43.
Stock price projections, including those for Sonim Technologies Inc., are based on various factors including financial models, market conditions, and analyst forecasts. While these predictions provide valuable insights, they should be considered alongside your own research and risk tolerance.
The information provided by Ticker Nerd is for educational and informational purposes only. It should not be considered financial or investment advice. Past performance is not indicative of future results. Always conduct your own research and consult with a qualified financial advisor before making any investment decisions. Analyst ratings and price forecasts are sourced from Wall St analysts and other experts. These projections are speculative and do not guarantee future stock performance.