NASDAQ:SOND Sonder (SOND) Stock Forecast, Price & News $8.14 -0.07 (-0.85%) (As of 10/2/2023 ET) Add Compare Share Share Today's Range$7.68▼$8.2450-Day Range$5.77▼$11.8052-Week Range$5.40▼$48.20Volume28,339 shsAverage Volume64,779 shsMarket Capitalization$89.21 millionP/E RatioN/ADividend YieldN/APrice Target$39.00 ProfileProfileAnalyst RatingsChartCompetitorsEarningsFinancialsInsider TradesInstitutional OwnershipHeadlinesSEC FilingsShort InterestSocial MediaProfileAnalyst RatingsChartCompetitorsEarningsFinancialsInsider TradesInstitutional OwnershipHeadlinesSEC FilingsShort InterestSocial Media Sonder MarketRank™ ForecastAnalyst RatingHold2.33 Rating ScoreUpside/Downside379.1% Upside$39.00 Price TargetShort InterestBearish6.92% of Float Sold ShortDividend StrengthN/ASustainabilityN/ANews Sentiment1.43Based on 2 Articles This WeekInsider TradingN/AProj. Earnings GrowthN/ASee Full Details Hide Full Details Overall MarketRank™MarketRank is calculated as an average of available category scores, with extra weight given to analysis and valuation.1.71 out of 5 starsConsumer Discretionary Sector250th out of 277 stocksHotels, Rooming Houses, Camps, & Other Lodging Places Industry3rd out of 4 stocks 3.2 Analyst's Opinion Consensus RatingSonder has received a consensus rating of Hold. The company's average rating score is 2.33, and is based on 1 buy rating, 2 hold ratings, and no sell ratings.Price Target Upside/DownsideAccording to analysts' consensus price target of $39.00, Sonder has a forecasted upside of 379.1% from its current price of $8.14.Amount of Analyst CoverageSonder has only been the subject of 1 research reports in the past 90 days. Previous Next 2.0 Short Interest Percentage of Shares Shorted6.92% of the float of Sonder has been sold short.Short Interest Ratio / Days to CoverSonder has a short interest ratio ("days to cover") of 10.5, which indicates bearish sentiment.Change versus previous monthShort interest in Sonder has recently decreased by 93.68%, indicating that investor sentiment is improving significantly. Previous Next 0.0 Dividend Strength Dividend YieldSonder does not currently pay a dividend.Dividend GrowthSonder does not have a long track record of dividend growth. Previous Next N/A Sustainability and ESG Overall ESG (Environmental, Social, and Governance) ScoreThere is no current Upright™ data available for SOND. Previous Next 3.0 News and Social Media Coverage News SentimentSonder has a news sentiment score of 1.43. 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 0.65 average news sentiment score of Consumer Discretionary companies.News Coverage This WeekMarketBeat has tracked 2 news articles for Sonder this week, compared to 3 articles on an average week.Search Interest4 people have searched for SOND on MarketBeat in the last 30 days. This is an increase of 300% compared to the previous 30 days.MarketBeat FollowsOnly 3 people have added Sonder to their MarketBeat watchlist in the last 30 days. This is a decrease of -40% compared to the previous 30 days. Previous Next 0.8 Company Ownership Insider Buying vs. Insider SellingIn the past three months, Sonder insiders have not sold or bought any company stock.Percentage Held by InsidersOnly 7.70% of the stock of Sonder is held by insiders.Percentage Held by Institutions42.53% of the stock of Sonder is held by institutions. High institutional ownership can be a signal of strong market trust in this company. Previous Next 0.0 Earnings and Valuation Price to Earnings Ratio vs. the MarketThe P/E ratio of Sonder is -0.34, 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. SectorThe P/E ratio of Sonder is -0.34, which means that its earnings are negative and its P/E ratio cannot be compared to companies with positive earnings. Previous Next See Top Rated MarketRank™ Stocks Here About Sonder (NASDAQ:SOND) StockSonder Holdings Inc. engages in the hospitality business. It operates and manages properties comprising 1-, 2-, and 3+ bedroom; and studio apartments, as well as 1-bedroom hotel rooms for leisure travelers and families, digital nomads, and business travelers in North America, Europe, and the Middle East. The company is headquartered in San Francisco, California.Read More SOND Price History View Price History Chart DataSkip Price History Chart 30 days | 90 days | 365 days | Advanced Chart SOND Stock News HeadlinesSeptember 24, 2023 | americanbankingnews.comSonder (NASDAQ:SOND) Sets New 52-Week Low at $5.40September 21, 2023 | finance.yahoo.comBörse München Names Fernando Aguirre, DHS Ventures Vice Chairman, as Chief Advisor to CommerzbankOctober 3, 2023 | Goldco (Ad)Ben Stein FREE Report: How Americans Are RUINING RetirementThere’s a new report just out from famed author, actor and economist Ben Stein. In this FREE REPORT, Ben reveals the lessons he learned from his late father and economist Herbert Stein. Discover how everyday Americans are currently ruining their retirements, and how YOU can save yours!September 19, 2023 | marketwatch.comSonder Holdings Shares Down 8% After Reverse Stock Split NewsSeptember 19, 2023 | skift.comSonder’s 1-For-20 Reverse Stock Split to Become Effective Wednesday at Market CloseSeptember 19, 2023 | finance.yahoo.comSonder Holdings Inc. Announces Reverse Stock Split to Regain Nasdaq ComplianceSeptember 15, 2023 | msn.com“That sense of struggle permeates every moment”: TesseracT’s War Of BeingSeptember 12, 2023 | msn.comNew Belfast £20m aparthotel planned for former HMRC officesOctober 3, 2023 | Stansberry Research (Ad)Investing Legend Warns: NVIDIA is a "Delusion"Irrational investment in this tech giant may have made it “too big to succeed” says this renowned expert. Read this before you buy shares.September 11, 2023 | markets.businessinsider.comSonder Holdings Inc. Appoints Katherine Potter as General CounselSeptember 7, 2023 | msn.comNew words added to the dictionary include amalgagender, polysexual and jolabokaflodSeptember 4, 2023 | msn.comMagic season in Cederberg’s high valleysSeptember 1, 2023 | msn.comNew upscale Lewiston restaurant gets rave reviews with farm-to-table menuAugust 30, 2023 | finance.yahoo.comSonder Holdings Inc. Appoints Chad Fletcher as Vice President of SalesAugust 25, 2023 | au.news.yahoo.comMajor change for 115,000 workersAugust 15, 2023 | benzinga.comSOND ALERT: Levi & Korsinsky, LLP Announces Investigation of Sonder Holdings Inc.August 13, 2023 | finance.yahoo.comInstitutional investors may adopt severe steps after Sonder Holdings Inc.'s (NASDAQ:SOND) latest 12% drop adds to a year lossesAugust 11, 2023 | skift.comHow Sonder Straddles the Hotel and Short-Term Rental DivideAugust 11, 2023 | finance.yahoo.comSonder Holdings Inc. (NASDAQ:SOND) Q2 2023 Earnings Call TranscriptAugust 10, 2023 | markets.businessinsider.comSonder Holdings (SOND) Gets a Hold from JMP SecuritiesAugust 10, 2023 | finance.yahoo.comQ2 2023 Sonder Holdings Inc Earnings CallAugust 9, 2023 | seekingalpha.comSonder Holdings Inc. 2023 Q2 - Results - Earnings Call PresentationAugust 9, 2023 | finance.yahoo.comSonder Holdings Inc. Announces Second Quarter 2023 Financial ResultsAugust 8, 2023 | afr.comThe young execs making WFH work for themAugust 6, 2023 | msn.comWhat to do and eat in BarcelonaAugust 5, 2023 | au.news.yahoo.comDisturbing reason cops called to shopsAugust 3, 2023 | skift.comSonder Sets Shareholder Meeting to Approve Stock Split to Stay on NasdaqSee More Headlines Receive SOND Stock News and Ratings via Email Sign-up to receive the latest news and ratings for Sonder and its competitors with MarketBeat's FREE daily newsletter. Email Address SOND Company Calendar Last Earnings8/09/2023Today10/03/2023Next Earnings (Estimated)11/08/2023Fiscal Year End12/31/2023Get Stock AlertsIndustry, Sector and Symbol Stock ExchangeNASDAQ Industry Hotels, rooming houses, camps, & other lodging places Sub-IndustryN/A SectorConsumer Discretionary Current SymbolNASDAQ:SOND CUSIPN/A CIK1819395 Webwww.gores.com Phone617-300-0956FaxN/AEmployees1,695Year FoundedN/APrice Target and Rating Average Stock Price Forecast$39.00 High Stock Price Forecast$55.00 Low Stock Price Forecast$23.00 Forecasted Upside/Downside+379.1%Consensus RatingHold Rating Score (0-4)2.33 Research Coverage3 Analysts Profitability EPS (Most Recent Fiscal Year)($24.00) Trailing P/E RatioN/A Forward P/E RatioN/A P/E GrowthN/ANet Income$-165,740,000.00 Net Margins-48.47% Pretax Margin-48.78% Return on Equity-4,207.08% Return on Assets-16.71% Debt Debt-to-Equity RatioN/A Current Ratio0.85 Quick Ratio0.85 Sales & Book Value Annual Sales$461.08 million Price / Sales0.19 Cash Flow$2.82 per share Price / Cash Flow2.89 Book Value($1.83) per share Price / Book-4.45Miscellaneous Outstanding Shares10,960,000Free Float10,120,000Market Cap$89.21 million OptionableNot Optionable Beta1.78 10 Best Cheap Stocks to Buy NowMarketBeat just released its list of 10 cheap stocks that have been overlooked by the market and may be seriously undervalued. Click the link below to see which companies made the list.Get This Free Report Key ExecutivesMr. Francis Davidson (Age 30)Co-Founder, CEO & Chairman Comp: $360kMr. Martin Picard (Age 37)Co-Founder & Chief Real Estate Officer Comp: $359.53kMr. Sanjay Banker (Age 48)Sr. Advisor & Director Comp: $509.37kMr. Dominique Bourgault (Age 51)Chief Financial Officer Ms. Deeksha HebbarChief Operating OfficerMr. Jonathan David CharbonneauVP & Head of Investor RelationsMs. Katherine E. Potter (Age 47)Gen. Counsel Ms. Kristen RichterVP of SalesMr. Patrick MitchellVP of Brand, Marketing & DistributionMs. Bonnie SamuelsVP of HRMore ExecutivesKey CompetitorsCulpNYSE:CULPWag! GroupNASDAQ:PETPLBY GroupNASDAQ:PLBYNatural Health TrendsNASDAQ:NHTCBarnes & Noble EducationNYSE:BNEDView All CompetitorsInsiders & InstitutionsWolverine Trading LLCSold 45,800 shares on 8/23/2023Ownership: 0.000%Zuckerman Investment Group LLCBought 205,000 shares on 8/15/2023Ownership: 0.228%Y Intercept Hong Kong LtdBought 238,453 shares on 8/15/2023Ownership: 0.109%Citadel Advisors LLCBought 200 shares on 8/15/2023Ownership: 0.000%Point72 Middle East FZEBought 50,408 shares on 8/15/2023Ownership: 0.023%View All Insider TransactionsView All Institutional Transactions SOND Stock - Frequently Asked Questions Should I buy or sell Sonder stock right now? 3 Wall Street equities research analysts have issued "buy," "hold," and "sell" ratings for Sonder in the last twelve months. There are currently 2 hold ratings and 1 buy rating for the stock. The consensus among Wall Street equities 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. View SOND analyst ratings or view top-rated stocks. What is Sonder's stock price forecast for 2023? 3 Wall Street analysts have issued 1 year price targets for Sonder's stock. Their SOND share price forecasts range from $23.00 to $55.00. On average, they expect the company's stock price to reach $39.00 in the next year. This suggests a possible upside of 379.1% from the stock's current price. View analysts price targets for SOND or view top-rated stocks among Wall Street analysts. How have SOND shares performed in 2023? Sonder's stock was trading at $24.80 at the start of the year. Since then, SOND shares have decreased by 67.2% and is now trading at $8.14. View the best growth stocks for 2023 here. Are investors shorting Sonder? Sonder saw a decline in short interest during the month of September. As of September 15th, there was short interest totaling 608,900 shares, a decline of 93.7% from the August 31st total of 9,640,000 shares. Based on an average daily trading volume, of 58,100 shares, the short-interest ratio is currently 10.5 days. Currently, 6.9% of the company's shares are short sold. View Sonder's Short Interest. When is Sonder's next earnings date? The company is scheduled to release its next quarterly earnings announcement on Wednesday, November 8th 2023. View our SOND earnings forecast. How were Sonder's earnings last quarter? Sonder Holdings Inc. (NASDAQ:SOND) released its quarterly earnings results on Wednesday, August, 9th. The company reported ($0.21) earnings per share (EPS) for the quarter, beating the consensus estimate of ($0.22) by $0.01. The firm had revenue of $157.40 million for the quarter, compared to the consensus estimate of $164.84 million. Sonder had a negative net margin of 48.47% and a negative trailing twelve-month return on equity of 4,207.08%. What ETFs hold Sonder's stock? 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). When did Sonder's stock split? Shares of Sonder reverse split on the morning of Thursday, September 21st 2023. The 1-20 reverse split was announced on Thursday, September 21st 2023. The number of shares owned by shareholders was adjusted after the closing bell 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. What is Sonder's stock symbol? Sonder trades on the NASDAQ under the ticker symbol "SOND." How do I buy shares of Sonder? 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. Compare Top Brokerages Here. What is Sonder's stock price today? One share of SOND stock can currently be purchased for approximately $8.14. How much money does Sonder make? Sonder (NASDAQ:SOND) has a market capitalization of $89.21 million and generates $461.08 million in revenue each year. The company earns $-165,740,000.00 in net income (profit) each year or ($24.00) on an earnings per share basis. How many employees does Sonder have? The company employs 1,695 workers across the globe. How can I contact Sonder? 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. 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