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NASDAQ:SONM - Sonim Technologies Stock Price, Forecast & News

$3.10
-0.05 (-1.59 %)
(As of 02/23/2020 04:00 PM ET)
Today's Range
$3.10
Now: $3.10
$3.20
50-Day Range
$3.10
MA: $3.46
$3.87
52-Week Range
$2.10
Now: $3.10
$18.26
Volume19,120 shs
Average Volume55,913 shs
Market Capitalization$63.12 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$63.12 million
Next Earnings Date2/26/2020 (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) released its quarterly earnings results on Wednesday, October, 30th. The company reported ($0.30) EPS for the quarter, missing the Thomson Reuters' consensus estimate of ($0.14) by $0.16. The firm earned $28.85 million during the quarter, compared to analyst estimates of $31.25 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, February 26th 2020. View Earnings Estimates for Sonim Technologies.

What price target have analysts set for SONM?

6 Wall Street analysts have issued 12 month price targets for Sonim Technologies' shares. Their forecasts range from $6.00 to $19.00. On average, they anticipate Sonim Technologies' share price to reach $12.17 in the next year. This suggests a possible upside of 292.5% 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 1 hold rating and 5 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 headlines about SONM stock have trended somewhat negative this week, InfoTrie Sentiment reports. The research group identifies negative and positive news coverage by analyzing more than six thousand blog and news sources. The firm ranks coverage of publicly-traded companies on a scale of -5 to 5, with scores nearest to five being the most favorable. Sonim Technologies earned a news impact score of -1.8 on InfoTrie's scale. They also gave media coverage about the company a news buzz of 0.0 out of 10, indicating that recent news coverage is extremely unlikely to have an effect on the company's share price in the near future. View News Stories for Sonim Technologies.

Are investors shorting Sonim Technologies?

Sonim Technologies saw a decline in short interest in January. As of January 31st, there was short interest totalling 330,500 shares, a decline of 11.0% from the January 15th total of 371,500 shares. Based on an average daily volume of 145,600 shares, the short-interest ratio is presently 2.3 days. Approximately 2.5% of the shares of the stock 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), Enterprise Products Partners (EPD), Huntington Bancshares (HBAN), General Motors (GM), Invesco (IVZ), Main Street Capital (MAIN), Occidental Petroleum (OXY), Vermilion Energy (VET), Geron (GERN) and Gilead Sciences (GILD).

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 (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 served as the underwriters for the IPO and National Securities Corporation was co-manager.

Who are Sonim Technologies' major shareholders?

Sonim Technologies' stock is owned by a variety of of retail and institutional investors. Top institutional shareholders include Cannell Capital LLC (2.80%), Vivaldi Asset Management LLC (1.84%), Equitec Specialists LLC (1.48%), Alambic Investment Management L.P. (0.83%), Private Advisors LLC (0.73%) and Oppenheimer & Co. Inc. (0.63%). Company insiders that own Sonim Technologies stock include Brc Partners Opportunity Fund,, John Kneuer and Robert Plaschke. 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 Alambic Investment Management L.P. and Goldman Sachs Group Inc.. View Insider Buying and Selling for Sonim Technologies.

Which institutional investors are buying Sonim Technologies stock?

SONM stock was acquired by a variety of institutional investors in the last quarter, including Cannell Capital LLC, Equitec Specialists LLC, Vivaldi Asset Management LLC, Private Advisors LLC, Jacobs Levy Equity Management Inc., Oppenheimer & Co. Inc., Bank of New York Mellon Corp and Bank of Montreal Can. Company insiders that have bought Sonim Technologies stock in the last two years include Brc Partners Opportunity Fund, and John Kneuer. View Insider Buying and Selling for Sonim Technologies.

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 $3.10.

How big of a company is Sonim Technologies?

Sonim Technologies has a market capitalization of $63.12 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:  39 (Vote Outperform)
Underperform Votes:  43 (Vote Underperform)
Total Votes:  82
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 2/23/2020 by MarketBeat.com Staff

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