What is Sonic Foundry's stock price target for 2024?

0 equities research analysts have issued 12 month target prices for Sonic Foundry's stock. Their SOFO share price targets range from $3.00 to $3.00. On average, they expect the company's stock price to reach $3.00 in the next year. This suggests a possible upside of 752.3% from the stock's current price. View analysts price targets for SOFO or view top-rated stocks among Wall Street analysts .

How have SOFO shares performed in 2023?

Sonic Foundry's stock was trading at $0.8063 at the start of the year. Since then, SOFO stock has decreased by 56.3% and is now trading at $0.3520. View the best growth stocks for 2023 here .

When is Sonic Foundry's next earnings date?

The company is scheduled to release its next quarterly earnings announcement on Thursday, December 14th 2023. View our SOFO earnings forecast .

How were Sonic Foundry's earnings last quarter?

Sonic Foundry, Inc. (NASDAQ:SOFO) announced its earnings results on Thursday, February, 13th. The company reported ($0.12) EPS for the quarter. The business earned $8.02 million during the quarter. Sonic Foundry had a negative trailing twelve-month return on equity of 555.89% and a negative net margin of 79.62%.

How do I buy shares of Sonic Foundry?

Shares of SOFO stock can be purchased through any online brokerage account. Popular online brokerages with access to the U.S. stock market include WeBull , Vanguard Brokerage Services, TD Ameritrade, E*TRADE, Robinhood, Fidelity, and Charles Schwab. Compare Top Brokerages Here .

Sonic Foundry Stock Price, News & Analysis (NASDAQ:SOFO)

$0.35

-0.01 (-2.49%)

(As of 04:31 PM ET)

Compare

Today's Range: $0.35
▼
$0.37
50-Day Range: $0.36
▼
$0.73
52-Week Range: $0.35
▼
$1.90

Volume: 8,912 shs
Average Volume: 266,560 shs
Market Capitalization: $4.27 million

P/E Ratio: N/A
Dividend Yield: N/A
Price Target: $3.00

Sonic Foundry MarketRank™ Stock Analysis

Analyst Rating: 0.00 Rating Score
Upside/Downside: 752.3% Upside
$3.00 Price Target
Short Interest: Bearish
1.21% of Float Sold Short
Dividend Strength: N/A
Sustainability: N/A
News Sentiment: N/A
Insider Trading: N/A
Proj. Earnings Growth: N/A

Overall MarketRank^™

MarketRank is calculated as an average of available category scores, with extra weight given to analysis and valuation.

1.50 out of 5 stars

2.0

Analyst's Opinion

Price Target Upside/Downside
According to analysts' consensus price target of $3.00, Sonic Foundry has a forecasted upside of 752.3% from its current price of $0.35.
Amount of Analyst Coverage
Sonic Foundry has received no research coverage in the past 90 days.

2.0

Short Interest

Percentage of Shares Shorted
1.21% of the float of Sonic Foundry has been sold short.
Short Interest Ratio / Days to Cover
Sonic Foundry has a short interest ratio ("days to cover") of 4.7.
Change versus previous month
Short interest in Sonic Foundry has recently increased by 7.77%, indicating that investor sentiment is decreasing significantly.

0.0

Dividend Strength

Dividend Yield
Sonic Foundry does not currently pay a dividend.
Dividend Growth
Sonic Foundry does not have a long track record of dividend growth.

N/A

Sustainability and ESG

Overall ESG (Environmental, Social, and Governance) Score
There is no current Upright™ data available for SOFO.

3.8

News and Social Media Coverage

News Sentiment
Sonic Foundry has a news sentiment score of 1.87. This score is calculated as an average of sentiment of articles about the company over the last seven days and ranges from 2 (good news) to -2 (bad news). This is a higher news sentiment than the 0.55 average news sentiment score of Computer and Technology companies.
News Coverage This Week
MarketBeat has tracked 1 news article for Sonic Foundry this week, compared to 0 articles on an average week.
Search Interest
1 people have searched for SOFO on MarketBeat in the last 30 days.

1.7

Company Ownership

Insider Buying vs. Insider Selling
In the past three months, Sonic Foundry insiders have not sold or bought any company stock.
Percentage Held by Insiders
46.50% of the stock of Sonic Foundry is held by insiders. A high percentage of insider ownership can be a sign of company health.
Percentage Held by Institutions
Only 16.62% of the stock of Sonic Foundry is held by institutions.

0.0

Earnings and Valuation

Price to Earnings Ratio vs. the Market
The P/E ratio of Sonic Foundry is -0.23, which means that its earnings are negative and its P/E ratio cannot be compared to companies with positive earnings.
Price to Earnings Ratio vs. Sector
The P/E ratio of Sonic Foundry is -0.23, which means that its earnings are negative and its P/E ratio cannot be compared to companies with positive earnings.
Price to Book Value per Share Ratio
Sonic Foundry has a P/B Ratio of 1.07. P/B Ratios below 3 indicates that a company is reasonably valued with respect to its assets and liabilities.

See Top Rated MarketRank™ Stocks Here

About Sonic Foundry Stock (NASDAQ:SOFO)

Sonic Foundry, Inc. provides video capture, management, and streaming solutions in the United States, Europe, the Middle East, Asia, and internationally. The company offers Video Capture solutions, including Mediasite Recorder and Recorder Pro that are built-in room appliances used in schedule-based capture and advanced audio/video integration; Mediasite Mobile Recorders, a portable recording device used to capture and stream broadcast-quality video; and Mediasite Mosaic & Mosaic Pro that allows instructors, employees, and students to create videos, screencasts, and slideshows from their computers or mobile devices. It also provides Video Management and Delivery solutions to manage, search, analyze, publish, and stream video content; and Mediasite Cloud, a Software as a Service solution to host and manage customers' content. It markets its products to educational institutions, corporations, and government entities through reseller networks, direct sales, and partnerships with system integrators. The company was founded in 1991 and is headquartered in Madison, Wisconsin.

SOFO Stock Price History

30 days | 90 days | 365 days | Advanced Chart

SOFO Stock News Headlines

November 11, 2023 | morningstar.com

Sonic Foundry Inc SOFO

October 31, 2023 | finance.yahoo.com

Sonic Foundry’s Vidable® Launches AI Video Platform

November 29, 2023 | Autonomix (Ad)

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Autonomix has patented technology that can detect and target nerve signals at an accuracy never seen before, a $100B opportunity. Now the team with almost $600M in exits is planning to list Autonomix on the Nasdaq. And you can invest in Autonomix ahead of their intended Nasdaq listing.* *Disclosure: This is a paid advertisement for Autonomix’s Regulation A+ Offering. Please read the offering circular at invest.autonomix.com

September 28, 2023 | finanznachrichten.de

Sonic Foundry's Global Learning Exchange Announces Partnership with UNINETTUNO

September 28, 2023 | finance.yahoo.com

Sonic Foundry's Global Learning Exchange™ Announces Partnership with UNINETTUNO

August 19, 2023 | finance.yahoo.com

One Sonic Foundry, Inc. (NASDAQ:SOFO) Analyst Just Cut Their EPS Forecasts

August 15, 2023 | finance.yahoo.com

Sonic Foundry’s Global Learning Exchange™ Announces Partnership with Penn Foster Group

August 11, 2023 | finance.yahoo.com

Sonic Foundry Announces Fiscal Third Quarter 2023 Financial Results

November 29, 2023 | Autonomix (Ad)

[Investor Alert] Potential Breakthrough Medical Tech Investment Opportunity

June 16, 2023 | seekingalpha.com

CASA, KNW and SOFO are among technology movers

June 15, 2023 | finance.yahoo.com

Sonic Foundry’s Vidable™ Announces Plans for New Offering of Events-Focused AI Solutions

June 15, 2023 | investorplace.com

Why Is Sonic Foundry (SOFO) Stock Up 27% Today?

June 15, 2023 | technews.tmcnet.com

Sonic Foundry's Vidable™ Announces Plans for New Offering of Events-Focused AI Solutions

June 1, 2023 | finance.yahoo.com

SOFO - Sonic Foundry, Inc.

May 13, 2023 | finance.yahoo.com

Sonic Foundry Second Quarter 2023 Earnings: Beats Expectations

May 11, 2023 | finance.yahoo.com

Sonic Foundry Announces Fiscal Second Quarter 2023 Financial Results

April 26, 2023 | finance.yahoo.com

Sonic Foundry’s Global Learning Exchange™ Announces Partnership with Colorado State University Global

March 23, 2023 | seekingalpha.com

SOFO Sonic Foundry, Inc.

March 21, 2023 | it.tmcnet.com

Sonic Foundry's Global Learning Exchange™ Announces Partnership with EC-Council University

March 21, 2023 | finance.yahoo.com

Sonic Foundry’s Global Learning Exchange™ Announces Partnership with EC-Council University

March 4, 2023 | finance.yahoo.com

We Think Sonic Foundry, Inc.'s (NASDAQ:SOFO) CEO Compensation Package Needs To Be Put Under A Microscope

February 28, 2023 | finance.yahoo.com

Sonic Foundry Announces Annual Shareholders Meeting on March 10, 2023

February 9, 2023 | msn.com

Sonic Foundry GAAP EPS of -$0.38 misses by $0.07, revenue of $5.01M misses by $0.49M

February 9, 2023 | finance.yahoo.com

Sonic Foundry Announces Fiscal First Quarter 2023 Financial Results

January 31, 2023 | finance.yahoo.com

Sonic Foundry’s Video Solutions Group and CTI Meeting Technology Announce New Partnership to Provide Comprehensive Event Content Solutions

January 26, 2023 | thestreet.com

26 Small-Cap Stocks in Danger of Delisting

November 12, 2022 | msn.com

Sega's Fix For Sonic Frontiers 60fps Doesn't Work

See More Headlines

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Company Calendar

Last Earnings: 2/13/2020
Today: 11/29/2023
Next Earnings (Estimated): 12/14/2023
Fiscal Year End: 9/30/2024

Get Stock Alerts

Industry, Sector and Symbol

Stock Exchange: NASDAQ
Industry: Radio & t.v. communications equipment
Sub-Industry: N/A
Sector: Computer and Technology
Current Symbol: NASDAQ:SOFO
CUSIP: N/A
CIK: 1029744
Web: sonicfoundry.com
Phone: 608-443-1600
Fax: 608-443-1601
Employees: 193
Year Founded: N/A

Price Target and Rating

Average Stock Price Target: $3.00
High Stock Price Target: $3.00
Low Stock Price Target: $3.00
Potential Upside/Downside: +752.3%
Consensus Rating
Rating Score (0-4): 0.00
Research Coverage: 0 Analysts

Profitability

EPS (Most Recent Fiscal Year): ($1.56)
Trailing P/E Ratio: N/A
Forward P/E Ratio: N/A
P/E Growth: N/A
Net Income: $-7,080,000.00
Net Margins: -79.62%
Pretax Margin: -78.43%
Return on Equity: -555.89%
Return on Assets: -68.23%

Debt

Debt-to-Equity Ratio: N/A
Current Ratio: 0.68
Quick Ratio: 0.53

Sales & Book Value

Annual Sales: $23.04 million
Price / Sales: 0.19
Cash Flow: N/A
Price / Cash Flow: N/A
Book Value: $0.33 per share
Price / Book: 1.07

Miscellaneous

Outstanding Shares: 12,139,000
Free Float: 6,494,000
Market Cap: $4.27 million
Optionable: Not Optionable
Beta: 0.34

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Key Executives

Mr. Joseph P. Mozden Jr. (Age 60)
CEO & Director
Comp: $418.6k
Mr. Kenneth A. Minor (Age 61)
CFO & Corporate Secretary
Comp: $197.94k
Mr. Robert M. Lipps (Age 51)
Executive VP & General Manager of Mediasite
Comp: $273.96k
Mr. Duane Glader
Senior VP and GM of Global Learning Exchange, Operations, Sales & Business Development
Nicole Wise
Director of Communications
Ms. Sarah Wilde
Head of Marketing
Ms. Shelley Raaths
Vice President of Human Resources
Mr. Toshihide Muneyuki
Chief Executive Officer of MSKK
Mr. Jason Weaver
Senior Vice President of Product

Key Competitors

View All Competitors

Insiders

Brian Wiegand
Sold 5,786 shares
Total: $5,091.68 ($0.88/share)

View All Insider Transactions

SOFO Stock Analysis - Frequently Asked Questions

What is Sonic Foundry's stock price target for 2024?: 0 equities research analysts have issued 12 month target prices for Sonic Foundry's stock. Their SOFO share price targets range from $3.00 to $3.00. On average, they expect the company's stock price to reach $3.00 in the next year. This suggests a possible upside of 752.3% from the stock's current price.
View analysts price targets for SOFO or view top-rated stocks among Wall Street analysts.
How have SOFO shares performed in 2023?: Sonic Foundry's stock was trading at $0.8063 at the start of the year. Since then, SOFO stock has decreased by 56.3% and is now trading at $0.3520.
View the best growth stocks for 2023 here.
When is Sonic Foundry's next earnings date?: The company is scheduled to release its next quarterly earnings announcement on Thursday, December 14th 2023.
View our SOFO earnings forecast.

How were Sonic Foundry's earnings last quarter?: Sonic Foundry, Inc. (NASDAQ:SOFO) announced its earnings results on Thursday, February, 13th. The company reported ($0.12) EPS for the quarter. The business earned $8.02 million during the quarter. Sonic Foundry had a negative trailing twelve-month return on equity of 555.89% and a negative net margin of 79.62%.
How do I buy shares of Sonic Foundry?: Shares of SOFO stock can be purchased through any online brokerage account. Popular online brokerages with access to the U.S. stock market include WeBull, Vanguard Brokerage Services, TD Ameritrade, E*TRADE, Robinhood, Fidelity, and Charles Schwab.
Compare Top Brokerages Here.

This page (NASDAQ:SOFO) was last updated on 11/29/2023 by MarketBeat.com Staff

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