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S&P 500   4,298.86
DOW   33,876.78
QQQ   354.50
3 EV Stocks You Need To Have On Your Watchlist
BREAKING: Tiny biotech successfully treats blindness (Ad)
BJ's Restaurants' Approaching Buy Point As Earnings Surge 150%
Cactus Opens The Cash Flow Wellhead With Flexsteel Acquisition 
BREAKING: Tiny biotech successfully treats blindness (Ad)
Will NIO Partake In China's Economic Awakening?
How to Choose a Brokerage Account or Online Broker
66,000% upside on tiny biotech? (Ad)
Tax Software Specialist Vertex In Buy Zone After Base Breakout
What is a Mutual Fund? How Does it Work?
S&P 500   4,298.86
DOW   33,876.78
QQQ   354.50
3 EV Stocks You Need To Have On Your Watchlist
BREAKING: Tiny biotech successfully treats blindness (Ad)
BJ's Restaurants' Approaching Buy Point As Earnings Surge 150%
Cactus Opens The Cash Flow Wellhead With Flexsteel Acquisition 
BREAKING: Tiny biotech successfully treats blindness (Ad)
Will NIO Partake In China's Economic Awakening?
How to Choose a Brokerage Account or Online Broker
66,000% upside on tiny biotech? (Ad)
Tax Software Specialist Vertex In Buy Zone After Base Breakout
What is a Mutual Fund? How Does it Work?
S&P 500   4,298.86
DOW   33,876.78
QQQ   354.50
3 EV Stocks You Need To Have On Your Watchlist
BREAKING: Tiny biotech successfully treats blindness (Ad)
BJ's Restaurants' Approaching Buy Point As Earnings Surge 150%
Cactus Opens The Cash Flow Wellhead With Flexsteel Acquisition 
BREAKING: Tiny biotech successfully treats blindness (Ad)
Will NIO Partake In China's Economic Awakening?
How to Choose a Brokerage Account or Online Broker
66,000% upside on tiny biotech? (Ad)
Tax Software Specialist Vertex In Buy Zone After Base Breakout
What is a Mutual Fund? How Does it Work?
NYSE:SONX

Sonendo (SONX) Stock Forecast, Price & News

$1.22
+0.01 (+0.83%)
(As of 06/9/2023 ET)
Compare
Today's Range
$1.18
$1.22
50-Day Range
$1.06
$2.01
52-Week Range
$0.86
$2.95
Volume
37,105 shs
Average Volume
61,691 shs
Market Capitalization
$62.57 million
P/E Ratio
N/A
Dividend Yield
N/A
Price Target
$3.31

Sonendo MarketRank™ Forecast

Analyst Rating
Moderate Buy
2.75 Rating Score
Upside/​Downside
171.5% Upside
$3.31 Price Target
Short Interest
Bearish
1.48% of Float Sold Short
Dividend Strength
N/A
Sustainability
N/A
News Sentiment
N/A
Insider Trading
Acquiring Shares
$80,000 Bought Last Quarter
Proj. Earnings Growth
Growing
From ($0.60) to ($0.47) Per Share

Overall MarketRank

MarketRank is calculated as an average of available category scores, with extra weight given to analysis and valuation.

2.14 out of 5 stars

Medical Sector

372nd out of 988 stocks

Dental Equipment & Supplies Industry

4th out of 5 stocks


SONX stock logo

About Sonendo (NYSE:SONX) Stock

Sonendo, Inc., a commercial-stage medical technology company, develops, manufactures, and commercializes devices for root canal therapy in the United States and Canada. It provides GentleWave, a tooth decay treatment device for cleaning and disinfecting the microscopic spaces within teeth without the need to remove tooth structure. The company also offers SoundSeal, a material used to build and create a sealing platform on the top of the crown; and Sonendo-branded liquid solution of EDTA that is used to help debride and disinfect the root canal system. In addition, it provides The Digital Office, a practice management software to enable an integrated digital office for dental practitioners. The company was formerly known as Dentatek Corporation and changed its name to Sonendo, Inc. in March 2011. Sonendo, Inc. was incorporated in 2006 and is headquartered in Laguna Hills, California.

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SONX Stock News Headlines

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There’s a tool that scans and picks the best stocks…how you approach the trades is up to you. But when you’re forecasting 1 – 3 days in advance, it’s not really a guessing game. Stop guessing and start predicting to add consistency to your trades… no matter what happens in the market.
Analyst Ratings for Sonendo
Trade Smarter: Discover Hidden Opportunities w/ A.I.
There’s a tool that scans and picks the best stocks…how you approach the trades is up to you. But when you’re forecasting 1 – 3 days in advance, it’s not really a guessing game. Stop guessing and start predicting to add consistency to your trades… no matter what happens in the market.
Sonendo (SONX) to Release Earnings on Tuesday
Short Interest in Sonendo, Inc. (NYSE:SONX) Decreases By 13.8%
Piper Sandler Keeps Their Buy Rating on Sonendo (SONX)
Sonendo Full Year 2022 Earnings: Beats Expectations
Earnings Preview For Sonendo
See More Headlines

SONX Price History

SONX Company Calendar

Last Earnings
5/09/2023
Today
6/10/2023
Next Earnings (Estimated)
8/09/2023
Fiscal Year End
12/31/2023

Industry, Sector and Symbol

Industry
Dental equipment & supplies
Sub-Industry
N/A
Sector
Medical
Fax
N/A
Employees
219
Year Founded
N/A

Price Target and Rating

Average Stock Price Forecast
$3.31
High Stock Price Forecast
$5.50
Low Stock Price Forecast
$2.25
Forecasted Upside/Downside
+171.5%
Consensus Rating
Moderate Buy
Rating Score (0-4)
2.75
Research Coverage
4 Analysts

Profitability

Net Income
$-57,050,000.00
Net Margins
-131.26%
Pretax Margin
-131.26%

Debt

Sales & Book Value

Annual Sales
$41.66 million
Book Value
$1.65 per share

Miscellaneous

Free Float
48,001,000
Market Cap
$62.57 million
Optionable
Not Optionable
Beta
1.79

Key Executives

  • Mr. Bjarne Bergheim (Age 48)
    Pres, CEO & Director
    Comp: $619.04k
  • Mr. Olav B. Bergheim (Age 73)
    Exec. Director
    Comp: $10k
  • Mr. Michael J. Smith (Age 42)
    Chief Commercial Officer
    Comp: $397.01k
  • Mr. Michael P. Watts (Age 54)
    Chief Financial Officer
  • Mr. Andrew Kirkpatrick (Age 60)
    Chief Operating Officer
  • Bob Guyatt
    VP of Marketing
  • Mr. Roy T. Chen (Age 57)
    Chief Talent Officer
  • Mr. Chris Guo
    VP of Fin. & Controller













SONX Stock - Frequently Asked Questions

Should I buy or sell Sonendo stock right now?

4 Wall Street research analysts have issued "buy," "hold," and "sell" ratings for Sonendo in the last twelve months. There are currently 1 hold rating and 3 buy ratings for the stock. The consensus among Wall Street research analysts is that investors should "buy" SONX shares.
View SONX analyst ratings
or view top-rated stocks.

What is Sonendo's stock price forecast for 2023?

4 Wall Street analysts have issued 1-year target prices for Sonendo's stock. Their SONX share price forecasts range from $2.25 to $5.50. On average, they anticipate the company's stock price to reach $3.31 in the next twelve months. This suggests a possible upside of 171.5% from the stock's current price.
View analysts price targets for SONX
or view top-rated stocks among Wall Street analysts.

How have SONX shares performed in 2023?

Sonendo's stock was trading at $2.83 at the start of the year. Since then, SONX stock has decreased by 56.9% and is now trading at $1.22.
View the best growth stocks for 2023 here
.

When is Sonendo's next earnings date?

The company is scheduled to release its next quarterly earnings announcement on Wednesday, August 9th 2023.
View our SONX earnings forecast
.

How were Sonendo's earnings last quarter?

Sonendo, Inc. (NYSE:SONX) announced its earnings results on Tuesday, May, 9th. The company reported ($0.16) EPS for the quarter, missing analysts' consensus estimates of ($0.15) by $0.01. The business had revenue of $10.72 million for the quarter, compared to analyst estimates of $10.71 million. Sonendo had a negative trailing twelve-month return on equity of 79.60% and a negative net margin of 131.26%.

What guidance has Sonendo issued on next quarter's earnings?

Sonendo updated its FY 2023 earnings guidance on Tuesday, May, 9th. The company provided earnings per share guidance of for the period. The company issued revenue guidance of $48.00 million-$51.00 million, compared to the consensus revenue estimate of $49.94 million.

When did Sonendo IPO?

(SONX) raised $125 million in an initial public offering (IPO) on Friday, October 29th 2021. The company issued 7,800,000 shares at a price of $15.00-$17.00 per share.

What is Sonendo's stock symbol?

Sonendo trades on the New York Stock Exchange (NYSE) under the ticker symbol "SONX."

Who are Sonendo's major shareholders?

Sonendo's stock is owned by many different retail and institutional investors. Top institutional investors include Masters Capital Management LLC (3.41%), HighMark Wealth Management LLC (1.30%), JPMorgan Chase & Co. (1.22%), Wedbush Securities Inc. (0.71%), Geode Capital Management LLC (0.64%) and Boothbay Fund Management LLC (0.42%). Insiders that own company stock include Andrew J Kirkpatrick, Anthony P Bihl III, Atlantic LP General, Bjarne Bergheim, Jacqueline Arnold Collins, Mehrezad Khakpour, Michael John Smith, Michael Patrick Watts, Roy T Chen and Vamsi Mohan Raj Pudipeddi.
View institutional ownership trends
.

How do I buy shares of Sonendo?

Shares of SONX 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 Sonendo's stock price today?

One share of SONX stock can currently be purchased for approximately $1.22.

How much money does Sonendo make?

Sonendo (NYSE:SONX) has a market capitalization of $62.57 million and generates $41.66 million in revenue each year. The company earns $-57,050,000.00 in net income (profit) each year or ($1.32) on an earnings per share basis.

How many employees does Sonendo have?

The company employs 219 workers across the globe.

How can I contact Sonendo?

The official website for the company is www.sonendo.com. The company can be reached via phone at 949-766-3636 or via email at ir@sonendo.com.

This page (NYSE:SONX) was last updated on 6/10/2023 by MarketBeat.com Staff

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