NASDAQ:SONM

Sonim Technologies Stock Forecast, Price & News

$3.60
-0.12 (-3.23 %)
(As of 09/17/2021 02:58 PM ET)
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Today's Range
$3.60
$4.45
50-Day Range
$0.37
$3.72
52-Week Range
$3.29
$17.00
Volume56,563 shs
Average Volume519,063 shs
Market Capitalization$306.58 million
P/E RatioN/A
Dividend YieldN/A
Beta3.43
30 days | 90 days | 365 days | Advanced Chart
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Sonim Technologies logo

About Sonim Technologies

Sonim Technologies, Inc. engages in the design and manufacture of mission-critical smart phone-based solutions for workers in extreme, hazardous, and isolated environments. Its products include ultra-rugged mobile phones, business process applications, and a suite of industrial-grade accessories. The company was founded by Ram Chandran, Isaac Eteminan, Anush Gopalan, Jai Kumar, Sudu Srinivasan, and Joakim Wiklund on August 5, 1999 and is headquartered in Austin, TX.

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MarketRank

Overall MarketRank

1.28 out of 5 stars

Computer And Technology Sector

726th out of 858 stocks

Telephone & Telegraph Apparatus Industry

17th out of 19 stocks

Analyst Opinion: 0.0Community Rank: 4.1Dividend Strength: 0.0Insider Behavior: 1.7Valuation: 0.6 5 -4 -3 -2 -1 -
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Sonim Technologies (NASDAQ:SONM) Frequently Asked Questions

Is Sonim Technologies a buy right now?

2 Wall Street equities research analysts have issued "buy," "hold," and "sell" ratings for Sonim Technologies in the last twelve months. There are currently 1 hold rating and 1 buy rating for the stock. The consensus among Wall Street equities research analysts is that investors should "buy" Sonim Technologies stock.
View analyst ratings for Sonim Technologies
or view top-rated stocks.

What stocks does MarketBeat like better than Sonim Technologies?

Wall Street analysts have given Sonim Technologies a "Buy" rating, but there may be better buying opportunities in the stock market. Some of MarketBeat's past winning trading ideas have resulted in 5-15% weekly gains. MarketBeat just released five new stock ideas, but Sonim Technologies wasn't one of them. MarketBeat thinks these five companies may be even better buys.
View MarketBeat's top stock picks here.

Are investors shorting Sonim Technologies?

Sonim Technologies saw a increase in short interest during the month of August. As of August 13th, there was short interest totaling 825,200 shares, an increase of 28.0% from the July 29th total of 644,900 shares. Based on an average daily volume of 4,700,000 shares, the days-to-cover ratio is presently 0.2 days.
View Sonim Technologies' Short Interest
.

When is Sonim Technologies' next earnings date?

Sonim Technologies is scheduled to release its next quarterly earnings announcement on Wednesday, November 10th 2021.
View our earnings forecast for Sonim Technologies
.

How were Sonim Technologies' earnings last quarter?

Sonim Technologies, Inc. (NASDAQ:SONM) announced its quarterly earnings results on Monday, August, 16th. The company reported ($1.00) earnings per share (EPS) for the quarter, meeting the Zacks' consensus estimate of ($1.00). The firm had revenue of $11.95 million for the quarter, compared to analysts' expectations of $14.15 million. Sonim Technologies had a negative net margin of 52.99% and a negative trailing twelve-month return on equity of 121.24%.
View Sonim Technologies' earnings history
.

How has Sonim Technologies' stock been impacted by Coronavirus?

Sonim Technologies' stock was trading at $9.2210 on March 11th, 2020 when Coronavirus reached pandemic status according to the World Health Organization. Since then, SONM stock has decreased by 59.8% and is now trading at $3.71.
View which stocks have been most impacted by COVID-19
.

When did Sonim Technologies' stock split? How did Sonim Technologies' stock split work?

Sonim Technologies shares reverse split before market open on Thursday, September 16th 2021. The 1-10 reverse split was announced on Thursday, September 16th 2021. The number of shares owned by shareholders was adjusted after the closing bell on Thursday, September 16th 2021. An investor that had 100 shares of Sonim Technologies stock prior to the reverse split would have 10 shares after the split.

Who are Sonim Technologies' key executives?

Sonim Technologies' management team includes the following people:
  • Robert L. Tirva, President, COO, CFO & Chief Accounting Officer (LinkedIn Profile)
  • Joseph T. Hooks, Chief Administrative Officer
  • Peter Liu, Senior Vice President-Operations
  • Bengt Jonassen, Senior Vice President-Engineering & Head-Platform
  • John M. Graff, Chief Marketing Officer

What is Bob Plaschke's approval rating as Sonim Technologies' CEO?

51 employees have rated Sonim Technologies CEO Bob Plaschke on Glassdoor.com. Bob Plaschke has an approval rating of 85% among Sonim Technologies' employees.

Who are some of Sonim Technologies' key competitors?

What other stocks do shareholders of Sonim Technologies own?

Based on aggregate information from My MarketBeat watchlists, some companies that other Sonim Technologies investors own include TherapeuticsMD (TXMD), Acasti Pharma (ACST), Outlook Therapeutics (OTLK), Nabriva Therapeutics (NBRV), SCYNEXIS (SCYX), Allena Pharmaceuticals (ALNA), electroCore (ECOR), Heat Biologics (HTBX), Matinas BioPharma (MTNB) and NIO (NIO).

When did Sonim Technologies IPO?

(SONM) raised $50 million in an initial public offering on Friday, May 10th 2019. The company issued 3,600,000 shares at a price of $13.00-$15.00 per share. Oppenheimer and Lake Street served as the underwriters for the IPO and National Securities Corporation was co-manager.

What is Sonim Technologies' stock symbol?

Sonim Technologies trades on the NASDAQ under the ticker symbol "SONM."

Who are Sonim Technologies' major shareholders?

Sonim Technologies' stock is owned by a variety of retail and institutional investors. Top institutional shareholders include Vanguard Group Inc. (3.57%), Renaissance Technologies LLC (0.56%), Virtu Financial LLC (0.15%), State Street Corp (0.11%) and Citadel Advisors LLC (0.09%). Company insiders that own Sonim Technologies stock include Brc Partners Opportunity Fund,, Maurice Hochschild, Nokomis Capital, LLC, Robert L Tirva, Robert L Tirva and Thomas Wiley Wilkinson.
View institutional ownership trends for Sonim Technologies
.

Which institutional investors are selling Sonim Technologies stock?

SONM stock was sold by a variety of institutional investors in the last quarter, including Renaissance Technologies LLC. Company insiders that have sold Sonim Technologies company stock in the last year include Brc Partners Opportunity Fund,, and Robert L Tirva.
View insider buying and selling activity for Sonim Technologies
or view top insider-selling stocks.

Which institutional investors are buying Sonim Technologies stock?

SONM stock was acquired by a variety of institutional investors in the last quarter, including Vanguard Group Inc., Virtu Financial LLC, State Street Corp, and Citadel Advisors LLC. Company insiders that have bought Sonim Technologies stock in the last two years include Brc Partners Opportunity Fund,, Maurice Hochschild, Robert L Tirva, and Thomas Wiley Wilkinson.
View insider buying and selling activity for Sonim Technologies
or or view top insider-buying stocks.

How do I buy shares of Sonim Technologies?

Shares of SONM 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 Sonim Technologies' stock price today?

One share of SONM stock can currently be purchased for approximately $3.71.

How much money does Sonim Technologies make?

Sonim Technologies has a market capitalization of $315.95 million and generates $63.99 million in revenue each year. The company earns $-29,930,000.00 in net income (profit) each year or ($0.65) on an earnings per share basis.

How many employees does Sonim Technologies have?

Sonim Technologies employs 102 workers across the globe.

What is Sonim Technologies' official website?

The official website for Sonim Technologies is www.sonimtech.com.

Where are Sonim Technologies' headquarters?

Sonim Technologies is headquartered at 6836 Bee Cave Road Bldg. 1 S#279, Austin TX, 78746.

How can I contact Sonim Technologies?

Sonim Technologies' mailing address is 6836 Bee Cave Road Bldg. 1 S#279, Austin TX, 78746. The company can be reached via phone at (650) 378-8100 or via email at [email protected]


This page was last updated on 9/17/2021 by MarketBeat.com Staff
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