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Sonim Technologies Stock Price, News & Analysis (NASDAQ:SONM)

$2.93
+0.08 (+2.81 %)
(As of 10/14/2019 04:40 AM ET)
Today's Range
$2.83
Now: $2.93
$3.03
50-Day Range
$2.75
MA: $4.79
$8.57
52-Week Range
$2.70
Now: $2.93
$18.26
Volume88,111 shs
Average Volume255,662 shs
Market Capitalization$59.65 million
P/E RatioN/A
Dividend YieldN/A
BetaN/A
Sonim Technologies, Inc. provides ruggedized mobile phones and accessories for task workers. It offers ruggedized mobile phones, such as Sonim XP8, Sonim XP5s, and Sonim XP3 based on the Android platform that are capable of attaching to public and private wireless networks; industrial-grade accessories, including remote speaker microphones, multi-bay charging accessories, and in-vehicle hands-free voice communications solutions; and cloud-based software and application services. Sonim Technologies, Inc. sells its mobile phones and accessories primarily to wireless carriers in the United States and Canada. The company was formerly known as NaviSpin.com, Inc. and changed its name to Sonim Technologies, Inc. in December 2001. Sonim Technologies, Inc. was incorporated in 1999 and is headquartered in San Mateo, California.

Industry, Sector and Symbol

Industry Telephone & telegraph apparatus
Sub-IndustryN/A
SectorComputer and Technology
Current SymbolNASDAQ:SONM
CUSIPN/A
CIKN/A
Phone650-378-8100

Debt

Price-To-Earnings

Sales & Book Value

Annual SalesN/A

Profitability

Miscellaneous

Employees321
Market Cap$59.65 million
Next Earnings Date10/23/2019 (Estimated)
OptionableNot Optionable

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Sonim Technologies (NASDAQ:SONM) Frequently Asked Questions

What is Sonim Technologies' stock symbol?

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

How were Sonim Technologies' earnings last quarter?

Sonim Technologies Inc (NASDAQ:SONM) posted its quarterly earnings results on Wednesday, July, 24th. The company reported ($0.05) earnings per share for the quarter, missing the Thomson Reuters' consensus estimate of ($0.03) by $0.02. The business earned $43.75 million during the quarter, compared to analyst estimates of $42.60 million. View Sonim Technologies' Earnings History.

When is Sonim Technologies' next earnings date?

Sonim Technologies is scheduled to release their next quarterly earnings announcement on Wednesday, October 23rd 2019. View Earnings Estimates for Sonim Technologies.

What guidance has Sonim Technologies issued on next quarter's earnings?

Sonim Technologies issued an update on its third quarter 2019 earnings guidance on Wednesday, July, 24th. The company provided EPS guidance of for the period. The company issued revenue guidance of $49-52 million, compared to the consensus revenue estimate of $49.02 million.

What price target have analysts set for SONM?

6 brokers have issued twelve-month price objectives for Sonim Technologies' shares. Their predictions range from $6.00 to $19.00. On average, they anticipate Sonim Technologies' stock price to reach $14.17 in the next year. This suggests a possible upside of 383.5% from the stock's current price. View Analyst Price Targets for Sonim Technologies.

What is the consensus analysts' recommendation for Sonim Technologies?

6 Wall Street analysts have issued "buy," "hold," and "sell" ratings for Sonim Technologies in the last year. There are currently 6 buy ratings for the stock, resulting in a consensus recommendation of "Buy." View Analyst Ratings for Sonim Technologies.

Has Sonim Technologies been receiving favorable news coverage?

News coverage about SONM stock has been trending negative on Monday, according to InfoTrie. InfoTrie identifies negative and positive press coverage by monitoring more than six thousand news and blog sources in real-time. The firm ranks coverage of public companies on a scale of negative five to five, with scores nearest to five being the most favorable. Sonim Technologies earned a news sentiment score of -2.6 on InfoTrie's scale. They also assigned headlines about the company a news buzz of 0.0 out of 10, indicating that recent press coverage is extremely unlikely to have an effect on the stock's share price in the immediate future. View News Stories for Sonim Technologies.

Are investors shorting Sonim Technologies?

Sonim Technologies saw a increase in short interest in September. As of September 30th, there was short interest totalling 328,800 shares, an increase of 193.6% from the August 30th total of 112,000 shares. Based on an average trading volume of 172,200 shares, the short-interest ratio is presently 1.9 days. Currently, 2.5% of the company's shares are short sold. View Sonim Technologies' Current Options Chain.

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 AT&T (T), Acreage (ACRGF), THL Credit (TCRD), U.S. Auto Parts Network (PRTS), Intec Pharma (NTEC), LGI Homes (LGIH), Intuitive Surgical (ISRG), Cronos Group (CRON), Baidu (BIDU) and Activision Blizzard (ATVI).

Who are Sonim Technologies' key executives?

Sonim Technologies' management team includes the folowing people:
  • Mr. Robert J. Plaschke, CEO & Director (Age 55)
  • Mr. James M. Walker, Chief Financial Officer (Age 70)
  • Mr. Peter Liu, Sr. VP of Operations (Age 51)
  • Mr. Joseph T. Hooks, Chief People Officer & Chief Admin. Officer
  • Mr. Charles Becher, Chief Sales & Marketing Officer (Age 51)

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 $13.00-$15.00 per share. Oppenheimer and Lake Street served as the underwriters for the IPO and National Securities Corporation was co-manager.

When does Sonim Technologies' lock-up period expire?

Sonim Technologies' lock-up period expires on Wednesday, November 6th. Sonim Technologies had issued 3,571,429 shares in its public offering on May 10th. The total size of the offering was $39,285,719 based on an initial share price of $11.00. After the expiration of Sonim Technologies' lock-up period, major shareholders and company insiders will be able to sell their shares of the company.

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 Vanguard Brokerage Services, TD Ameritrade, E*TRADE, Robinhood, Fidelity and Charles Schwab.

What is Sonim Technologies' stock price today?

One share of SONM stock can currently be purchased for approximately $2.93.

How big of a company is Sonim Technologies?

Sonim Technologies has a market capitalization of $59.65 million. Sonim Technologies employs 321 workers across the globe.View Additional Information About Sonim Technologies.

What is Sonim Technologies' official website?

The official website for Sonim Technologies is http://www.sonimtech.com/.

How can I contact Sonim Technologies?

Sonim Technologies' mailing address is 1875 South Grant Street Suite 750, San Mateo CA, 94402. The company can be reached via phone at 650-378-8100 or via email at [email protected]


MarketBeat Community Rating for Sonim Technologies (NASDAQ SONM)

Community Ranking:  2.4 out of 5 (star star)
Outperform Votes:  26 (Vote Outperform)
Underperform Votes:  28 (Vote Underperform)
Total Votes:  54
MarketBeat's community ratings are surveys of what our community members think about Sonim Technologies and other stocks. Vote "Outperform" if you believe SONM will outperform the S&P 500 over the long term. Vote "Underperform" if you believe SONM will underperform the S&P 500 over the long term. You may vote once every thirty days.
This page was last updated on 10/14/2019 by MarketBeat.com Staff

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