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NASDAQ:SONN

Sonnet BioTherapeutics (SONN) Stock Price, News & Analysis

$0.86
+0.01 (+1.18%)
(As of 07/26/2024 ET)
Today's Range
$0.82
$0.87
50-Day Range
$0.85
$1.97
52-Week Range
$0.82
$10.09
Volume
37,110 shs
Average Volume
72,009 shs
Market Capitalization
$2.67 million
P/E Ratio
N/A
Dividend Yield
N/A
Price Target
$30.00

Sonnet BioTherapeutics MarketRank™ Stock Analysis

Analyst Rating
Buy
3.00 Rating Score
Upside/​Downside
3,388.4% Upside
$30.00 Price Target
Short Interest
Healthy
0.34% of Float Sold Short
Dividend Strength
N/A
Sustainability
N/A
News Sentiment
0.41mentions of Sonnet BioTherapeutics in the last 14 days
Based on 4 Articles This Week
Insider Trading
N/A
Proj. Earnings Growth
Decreasing
From ($2.14) to ($2.52) Per Share

Overall MarketRank

New Rank-Based ScoringMarketRank is calculated by averaging available category scores (with extra weight given to analysis and valuation), then ranking the company's weighted average against that of other companies.

2.12 out of 5 stars

SONN stock logo

About Sonnet BioTherapeutics Stock (NASDAQ:SONN)

Sonnet BioTherapeutics Holdings, Inc., a biotechnology company, owns a platform for biologic medicines of single or bifunctional action. The company develops fully human albumin binding technology, which utilizes human single chain antibodies fragment that binds to and hitch-hikes on human serum albumin for transport to target tissues. Its lead product candidate is SON-1010, a fully human single-chain version of interleukin 12 that is in Phase 1b/2a clinical trial for the treatment of solid tumor indications, including ovarian cancer, non-small cell lung cancer, and head and neck cancer. The company is also developing SON-080, a fully human version of interleukin 6, which is in Phase 1b/I2a clinical trail to treat chemotherapy-induced peripheral neuropathy and diabetic peripheral neuropathy; and SON-1210, a bispecific compound for solid tumor indications, including colorectal cancer. It has a license agreement with New Life Therapeutics Pte, LTD. to develop and commercialize pharmaceutical preparations containing a specific recombinant human interleukin-6. The company is headquartered in Princeton, New Jersey.

SONN Stock Price History

SONN Stock News Headlines

Nvidia’s Quiet $1 Trillion Pivot
Nvidia recently added $277 billion in market cap … IN ONE DAY.
Nvidia’s Quiet $1 Trillion Pivot
Nvidia recently added $277 billion in market cap … IN ONE DAY.
See More Headlines
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Company Calendar

Last Earnings
5/14/2024
Today
7/26/2024
Next Earnings (Estimated)
8/12/2024
Fiscal Year End
9/30/2024

Industry, Sector and Symbol

Sector
Medical
Industry
Pharmaceutical preparations
Sub-Industry
Pharmaceutical Products
Current Symbol
NASDAQ:SONN
Employees
10
Year Founded
N/A

Price Target and Rating

Average Stock Price Target
$30.00
High Stock Price Target
$30.00
Low Stock Price Target
$30.00
Potential Upside/Downside
+3,450.3%
Consensus Rating
Buy
Rating Score (0-4)
3.00
Research Coverage
2 Analysts

Profitability

Net Income
$-18,830,000.00
Net Margins
-11,187.19%
Pretax Margin
-9,037.59%

Debt

Sales & Book Value

Annual Sales
$150,000.00
Book Value
($0.13) per share

Miscellaneous

Free Float
3,050,000
Market Cap
$2.63 million
Optionable
Not Optionable
Beta
0.52
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Key Executives

  • Dr. Pankaj Mohan Ph.D. (Age 59)
    Founder, Chairman, CEO & President
    Comp: $927k
  • Dr. John K. Cini Ph.D. (Age 71)
    Chief Scientific Officer & Co-Founder
    Comp: $602.48k
  • Mr. Jay Cross (Age 54)
    Chief Financial Officer
    Comp: $603.42k
  • Mr. Donald J. Griffith CPA (Age 75)
    CPA, Controller & Director
    Comp: $134.05k
  • Ms. Susan Dexter (Age 69)
    Chief Technical Officer
  • Dr. Richard T. Kenney FACP (Age 66)
    M.D., Chief Medical Officer
  • Mr. Manuel Dafonseca
    Head of Clinical Operations

SONN Stock Analysis - Frequently Asked Questions

How have SONN shares performed this year?

Sonnet BioTherapeutics' stock was trading at $1.74 on January 1st, 2024. Since then, SONN stock has decreased by 50.6% and is now trading at $0.86.
View the best growth stocks for 2024 here
.

How were Sonnet BioTherapeutics' earnings last quarter?

Sonnet BioTherapeutics Holdings, Inc. (NASDAQ:SONN) posted its earnings results on Tuesday, May, 14th. The company reported $0.07 earnings per share (EPS) for the quarter. Sonnet BioTherapeutics had a negative net margin of 11,187.19% and a negative trailing twelve-month return on equity of 382.31%.

When did Sonnet BioTherapeutics' stock split?

Sonnet BioTherapeutics's stock reverse split on the morning of Friday, September 1st 2023. The 1-22 reverse split was announced on Friday, September 1st 2023. The number of shares owned by shareholders was adjusted after the closing bell on Friday, September 1st 2023. An investor that had 100 shares of stock prior to the reverse split would have 5 shares after the split.

How do I buy shares of Sonnet BioTherapeutics?

Shares of SONN stock can be purchased through any online brokerage account. Popular online brokerages with access to the U.S. stock market include Charles Schwab, E*TRADE, Fidelity, and Vanguard Brokerage Services.
Compare Top Brokerages Here.

What other stocks do shareholders of Sonnet BioTherapeutics own?

Based on aggregate information from My MarketBeat watchlists, some other companies that Sonnet BioTherapeutics investors own include Gevo (GEVO), Sorrento Therapeutics (SRNE), Boxlight (BOXL), T2 Biosystems (TTOO), Biocept (BIOC), iBio (IBIO) and Trevena (TRVN).

This page (NASDAQ:SONN) was last updated on 7/26/2024 by MarketBeat.com Staff

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