Sonder (SOND) Stock Forecast, Price & News

3 Wall Street research analysts have issued "buy," "hold," and "sell" ratings for Sonder in the last year. There are currently 2 hold ratings and 1 buy rating for the stock. The consensus among Wall Street research analysts is that investors should "hold" SOND shares. A hold rating indicates that analysts believe investors should maintain any existing positions they have in SOND, but not buy additional shares or sell existing shares.
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3 brokers have issued 12 month price targets for Sonder's stock. Their SOND share price forecasts range from $1.15 to $2.75. On average, they expect the company's stock price to reach $1.95 in the next year. This suggests a possible upside of 510.5% from the stock's current price.
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Sonder's stock was trading at $1.24 at the beginning of 2023. Since then, SOND stock has decreased by 74.2% and is now trading at $0.3194.
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The company is scheduled to release its next quarterly earnings announcement on Wednesday, November 8th 2023.
View our SOND earnings forecast.

ETFs with the largest weight of Sonder (NASDAQ:SOND) stock in their portfolio include Simplify Volt Cloud and Cybersecurity Disruption ETF (VCLO), Simplify Volt RoboCar Disruption and Tech ETF (VCAR) and Playtech (PTEC).

Shares of Sonder reverse split on Thursday, September 21st 2023. The 1-20 reverse split was announced on Thursday, September 21st 2023. The number of shares owned by shareholders will be adjusted after the market closes on Thursday, September 21st 2023. An investor that had 100 shares of stock prior to the reverse split would have 5 shares after the split.

Sonder trades on the NASDAQ under the ticker symbol "SOND."

Sonder's stock is owned by a variety of retail and institutional investors. Top institutional shareholders include Principal Financial Group Inc. (1.94%), Geode Capital Management LLC (0.69%), BlackRock Inc. (0.60%), Charles Schwab Investment Management Inc. (0.33%), State Street Corp (0.23%) and Zuckerman Investment Group LLC (0.23%). Insiders that own company stock include Christopher Michael Berry, Dominique Bourgault, Francis Davidson and Martin Picard.
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Shares of SOND 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.
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One share of SOND stock can currently be purchased for approximately $0.32.

Sonder (NASDAQ:SOND) has a market capitalization of $70.04 million and generates $461.08 million in revenue each year. The company earns $-165,740,000.00 in net income (profit) each year or ($1.20) on an earnings per share basis.

The company employs 1,695 workers across the globe.

Sonder's mailing address is 6260 LOOKOUT RD., BOULDER CO, 80301. The official website for the company is www.gores.com. The company can be reached via phone at 617-300-0956 or via email at jchou@gores.com.