NASDAQ:SONM Sonim Technologies (SONM) Stock Forecast, Price & News $1.10 +0.06 (+5.77%) (As of 10:33 AM ET) Add Compare Share Share Today's Range$1.03▼$1.1050-Day Range$0.83▼$1.2552-Week Range$0.40▼$1.27Volume76,829 shsAverage Volume204,387 shsMarket Capitalization$45.09 millionP/E RatioN/ADividend YieldN/APrice TargetN/A ProfileProfileChartCompetitorsEarningsFinancialsInsider TradesInstitutional OwnershipHeadlinesSEC FilingsShort InterestSocial MediaProfileChartCompetitorsEarningsFinancialsInsider TradesInstitutional OwnershipHeadlinesSEC FilingsShort InterestSocial Media Sonim Technologies MarketRank™ ForecastAnalyst RatingN/AUpside/DownsideN/AShort InterestHealthy0.52% of Float Sold ShortDividend StrengthN/ASustainabilityN/ANews Sentiment1.08Based on 2 Articles This WeekInsider TradingAcquiring Shares$1,091 Bought Last QuarterProj. 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.1.62 out of 5 starsComputer And Technology Sector509th out of 606 stocksTelephone & Telegraph Apparatus Industry12th out of 12 stocks N/A Analyst's Opinion Consensus RatingThere is not enough analysis data for Sonim Technologies. Previous Next 3.0 Short Interest Percentage of Shares Shorted0.52% of the float of Sonim Technologies has been sold short.Short Interest Ratio / Days to CoverSonim Technologies has a short interest ratio ("days to cover") of 0.4, which is generally considered an acceptable ratio of short interest to trading volume.Change versus previous monthShort interest in Sonim Technologies has recently increased by 152.12%, indicating that investor sentiment is decreasing significantly. Previous Next 0.0 Dividend Strength Dividend YieldSonim Technologies does not currently pay a dividend.Dividend GrowthSonim Technologies 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 SONM. Previous Next 3.4 News and Social Media Coverage News SentimentSonim Technologies has a news sentiment score of 1.08. 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 0.51 average news sentiment score of Computer and Technology companies.News Coverage This WeekMarketBeat has tracked 2 news articles for Sonim Technologies this week, compared to 1 article on an average week.MarketBeat Follows1 people have added Sonim Technologies to their MarketBeat watchlist in the last 30 days. Previous Next 3.3 Company Ownership Insider Buying vs. Insider SellingIn the past three months, Sonim Technologies insiders have bought more of their company's stock than they have sold. Specifically, they have bought $1,091.00 in company stock and sold $0.00 in company stock.Percentage Held by Insiders51.70% of the stock of Sonim Technologies is held by insiders. A high percentage of insider ownership can be a sign of company health.Percentage Held by InstitutionsOnly 4.54% of the stock of Sonim Technologies is held by institutions. Previous Next 0.0 Earnings and Valuation Price to Book Value per Share RatioSonim Technologies has a P/B Ratio of 2.08. P/B Ratios below 3 indicates that a company is reasonably valued with respect to its assets and liabilities. Previous Next See Top Rated MarketRank™ Stocks Here About Sonim Technologies (NASDAQ:SONM) StockSonim Technologies, Inc. engages in the provision of rugged and consumer durable mobile devices including phones and accessories designed to provide extra protection for users that demand more durability. It operates through the following geographical segments: the United States, Canada and Latin America, Europe and Middle East, and Asia Pacific. 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 San Diego, CA.Read More Receive SONM Stock News and Ratings via Email Sign-up to receive the latest news and ratings for Sonim Technologies and its competitors with MarketBeat's FREE daily newsletter. Email Address SONM Stock News HeadlinesMay 31, 2023 | finance.yahoo.comSonim Technologies Announces Participation in the LD Micro Invitational XIIIMay 30, 2023 | finance.yahoo.comSonim Technologies Set to Join Russell Microcap(R) IndexJune 5, 2023 | Edge On The Street (Ad)AI is Unstoppable. Now Is The Time!AI, or Artificial Intelligence, is all the rage right now. AI technologies are empowering users in every industry to increase sales, efficiency, and productivity. It's truly a case of adapt or fail.May 9, 2023 | finanznachrichten.deSonim Technologies, Inc.: CORRECTION FROM SOURCE: Sonim Reports 95% Sales Increase, Profitability in First Quarter 2023May 9, 2023 | finance.yahoo.comCORRECTION FROM SOURCE: Sonim Reports 95% Sales Increase, Profitability in First Quarter 2023May 8, 2023 | finanznachrichten.deSonim Technologies, Inc.: Sonim Reports 95% Sales Increase, Profitability in First Quarter 2023May 8, 2023 | finance.yahoo.comSonim Reports 95% Sales Increase, Profitability in First Quarter 2023May 2, 2023 | finance.yahoo.comSonim Technologies Regains Compliance with Nasdaq Listing RequirementsJune 5, 2023 | Edge On The Street (Ad)The Graphite Shortage Story You're Not Being ToldGraphite demand for EV batteries is expected to increase 10X from 2020 to 2030. And today, with NO graphite-producing mines in N. America, China has a stranglehold on our graphite supply. 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April 25, 2023 | finance.yahoo.comSonim Technologies Announces Preliminary First Quarter 2023 ResultsApril 17, 2023 | msn.comSonim Technologies bags $14.7M new tablet orderApril 17, 2023 | finance.yahoo.comSonim Technologies Announces $14.7 Million Tablet OrderApril 17, 2023 | finance.yahoo.comSonim Technologies' Stock Surges On $14.7M Tablet OrderApril 11, 2023 | finance.yahoo.comSonim Delivers FirstNet Ready XP3plus for Public SafetyApril 4, 2023 | finance.yahoo.comSonim Announces Insider Purchases of SONM EquityMarch 21, 2023 | finance.yahoo.comSonim SCAN Now Available on XP10 Ultra-Rugged 5G SmartphoneMarch 20, 2023 | baystreet.caSonim Climbs on Q4, Full-Year ResultsMarch 20, 2023 | finanznachrichten.deSonim Technologies, Inc.: Sonim Reports 51% Year-Over-Year Fourth Quarter Sales IncreaseMarch 20, 2023 | finance.yahoo.comSonim Reports 51% Year-Over-Year Fourth Quarter Sales IncreaseMarch 13, 2023 | finance.yahoo.comSonim Announces Closure of SEC Investigation with No Enforcement ActionFebruary 23, 2023 | seekingalpha.comSONM Sonim Technologies, Inc.February 21, 2023 | finance.yahoo.comSonim Announces Receipt of Nasdaq Listing Determination; Requests Hearing and Further StayJanuary 29, 2023 | reuters.comSONM.C - | Stock Price & Latest News | ReutersJanuary 26, 2023 | finance.yahoo.comSonim XP3plus Flip Phone Featuring NextNav Pinnacle Vertical Location Capabilities Now Available to Verizon and Verizon Frontline CustomersJanuary 13, 2023 | reuters.comSONM.O - | Stock Price & Latest News | ReutersDecember 15, 2022 | msn.comSonim Technologies expects 13% topline surge in Q4 2022December 15, 2022 | finance.yahoo.comSonim Expects Continued Sequential Growth in the Fourth QuarterSee More Headlines SONM Price History View Price History Chart DataSkip Price History Chart 30 days | 90 days | 365 days | Advanced Chart SONM Company Calendar Last Earnings11/10/2021Today6/05/2023Next Earnings (Estimated)8/11/2023Fiscal Year End12/31/2023Get Stock AlertsIndustry, Sector and Symbol Stock ExchangeNASDAQ Industry Telephone & telegraph apparatus Sub-IndustryN/A SectorComputer and Technology Current SymbolNASDAQ:SONM CUSIPN/A CIK1178697 Webwww.sonimtech.com Phone(650) 378-8100FaxN/AEmployees77Year FoundedN/AProfitability EPS (Most Recent Fiscal Year)N/A Trailing P/E RatioN/A Forward P/E RatioN/A P/E GrowthN/ANet Income$-14,090,000.00 Net Margins-8.07% Pretax Margin-7.79% Return on Equity-38.87% Return on Assets-14.09% Debt Debt-to-Equity RatioN/A Current Ratio1.40 Quick Ratio1.24 Sales & Book Value Annual Sales$69.83 million Price / Sales0.61 Cash FlowN/A Price / Cash FlowN/A Book Value$0.50 per share Price / Book2.08Miscellaneous Outstanding Shares40,990,000Free Float19,801,000Market Cap$42.63 million OptionableNot Optionable Beta2.71 Key ExecutivesHao LiuChief Executive Officer & DirectorZhide WangSenior Vice President-Global OperationsClay CroliusChief Financial Officer & SecretaryJerry YangSenior Vice President-Global EngineeringChuck BecherChief Commercial OfficerKey CompetitorsClearOneNASDAQ:CLRODeswell IndustriesNASDAQ:DSWLSypris SolutionsNASDAQ:SYPROndasNASDAQ:ONDSEMCORENASDAQ:EMKRView All CompetitorsInsiders & InstitutionsSicart Associates LLCBought 200,000 shares on 5/9/2023Ownership: 0.488%Alan B HoweBought 1,818 shares on 3/24/2023Total: $1,090.80 ($0.60/share)Ajp Holding Company, LlcBought 5,534,881 shares on 8/8/2022Total: $4.65 M ($0.84/share)Robert L TirvaSold 729 sharesTotal: $554.04 ($0.76/share)Jeffrey WangBought 13,928,571 shares on 7/13/2022Total: $11.70 M ($0.84/share)View All Insider TransactionsView All Institutional Transactions SONM Stock - Frequently Asked Questions How have SONM shares performed in 2023? Sonim Technologies' stock was trading at $0.4248 on January 1st, 2023. Since then, SONM shares have increased by 144.8% and is now trading at $1.04. View the best growth stocks for 2023 here. Are investors shorting Sonim Technologies? Sonim Technologies saw a increase in short interest in May. As of May 15th, there was short interest totaling 101,100 shares, an increase of 152.1% from the April 30th total of 40,100 shares. Based on an average daily trading volume, of 287,300 shares, the short-interest ratio is currently 0.4 days. Approximately 0.5% of the company's stock are sold short. View Sonim Technologies' Short Interest. When is Sonim Technologies' next earnings date? The company is scheduled to release its next quarterly earnings announcement on Friday, August 11th 2023. View our SONM earnings forecast. How were Sonim Technologies' earnings last quarter? Sonim Technologies, Inc. (NASDAQ:SONM) posted its quarterly earnings data on Wednesday, November, 10th. The company reported ($1.31) earnings per share for the quarter, missing the consensus estimate of ($0.70) by $0.61. The business earned $14.45 million during the quarter, compared to analyst estimates of $16.10 million. Sonim Technologies had a negative trailing twelve-month return on equity of 38.87% and a negative net margin of 8.07%. When did Sonim Technologies' stock split? Sonim Technologies's stock reverse split on the morning of 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 market closes on Thursday, September 16th 2021. An investor that had 100 shares of stock prior to the reverse split would have 10 shares after the split. What guidance has Sonim Technologies issued on next quarter's earnings? Sonim Technologies issued an update on its first quarter 2023 earnings guidance on Thursday, April, 27th. The company provided earnings per share (EPS) guidance of for the period. The company issued revenue guidance of $25.80 million-$25.80 million. What is Bob Plaschke's approval rating as Sonim Technologies' CEO? 51 employees have rated Sonim Technologies Chief Executive Officer Bob Plaschke on Glassdoor.com. Bob Plaschke has an approval rating of 85% among the company's employees. 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 IPO 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 acted 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 investors include Sicart Associates LLC (0.49%). Insiders that own company stock include Ajp Holding Company, Llc, Alan B Howe, Brc Partners Opportunity Fund,, Hao Peter Liu, Jeffrey Wang, Maurice Hochschild, Robert L Tirva, Robert L Tirva and Thomas Wiley Wilkinson. View institutional ownership trends. How do I buy shares of Sonim Technologies? Shares of SONM 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 Sonim Technologies' stock price today? One share of SONM stock can currently be purchased for approximately $1.04. How much money does Sonim Technologies make? Sonim Technologies (NASDAQ:SONM) has a market capitalization of $42.63 million and generates $69.83 million in revenue each year. How can I contact Sonim Technologies? Sonim Technologies' mailing address is 6836 Bee Cave Road Bldg. 1 S#279, Austin TX, 78746. The official website for the company is www.sonimtech.com. The company can be reached via phone at (650) 378-8100 or via email at sonm@gatewayir.com. This page (NASDAQ:SONM) was last updated on 6/5/2023 by MarketBeat.com Staff Adding Choose a watchlist: Watchlist Adding You have already added five stocks to your watchlist. Upgrade to MarketBeat All Access to add more stocks to your watchlist. Adding Sonim Technologies, Inc. Please log in to your account or sign up in order to add this asset to your watchlist. 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