NASDAQ:SONM Sonim Technologies (SONM) Stock Price, News & Analysis $3.32 -0.04 (-1.19%) (As of 11/1/2024 ET) Add Compare Share Share Stock Analysis Stock AnalysisChartCompetitorsEarningsFinancialsHeadlinesInsider TradesOwnershipSEC FilingsShort InterestTrends About Sonim Technologies Stock (NASDAQ:SONM) 30 days 90 days 365 days Advanced Chart View Price History Chart DataSkip Price History Chart Get Sonim Technologies alerts:Sign Up Key Stats Today's Range$3.30▼$3.4050-Day Range$2.40▼$3.8852-Week Range$2.32▼$10.70Volume1,018 shsAverage Volume11,196 shsMarket Capitalization$16.04 millionP/E RatioN/ADividend YieldN/APrice TargetN/AConsensus RatingN/A Company OverviewSonim Technologies, Inc. provides ruggedized mobile phones and accessories for task workers. The company offers ruggedized mobile phones, such as Sonim XP10, Sonim XP5plus, Sonim XP3plus, and Sonim XP Pro; Sonim mobile hotspot; industrial-grade accessories. It sells its mobile phones and accessories primarily to wireless carriers in the United States and Canada; and sells wireless carrier channels through distribution channels in North America and Europe. The company serves transportation and logistics, construction, manufacturing, facilities management, energy and utility, mining, and public safety sectors. 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 Diego, California.Read More… 625,000% Gain (Ad)Imagine swapping your daily coffee expense for a future free of financial worries. It might seem far-fetched, but results like this are within reach with the right knowledge and timing in the altcoin market. Plus, you’ll get $10 in real Bitcoin when you stay to the end of the call and take a short quiz.>> Dive into the Workshop Here Sonim Technologies Stock Analysis - MarketRank™See Top Rated MarketRank™ Stocks29th Percentile Overall ScoreSONM MarketRank™: Sonim Technologies scored higher than 29% of companies evaluated by MarketBeat, and ranked 558th out of 667 stocks in the computer and technology sector. Scores are calculated by averaging available category scores, with extra weight given to analysis and valuation. Analyst's OpinionN/AAnalyst RatingN/A Consensus RatingThere is not enough analysis data for Sonim Technologies.Read more about Sonim Technologies' stock forecast and price target. Earnings and Valuation1.3 / 5Proj. Earnings GrowthGrowing Earnings GrowthEarnings for Sonim Technologies are expected to grow in the coming year, from ($2.47) to $0.84 per share.Price to Earnings Ratio vs. the MarketThe P/E ratio of Sonim Technologies is -1.44, which means that its earnings are negative and its P/E ratio cannot be compared to companies with positive earnings.Price to Earnings Ratio vs. SectorThe P/E ratio of Sonim Technologies is -1.44, which means that its earnings are negative and its P/E ratio cannot be compared to companies with positive earnings.Price to Book Value per Share RatioSonim Technologies has a P/B Ratio of 0.64. P/B Ratios below 1 indicate that a company could be undervalued with respect to its assets and liabilities.Read more about Sonim Technologies' valuation and earnings. Short Interest5.0 / 5Short Interest LevelHealthy Percentage of Shares Shorted3.06% 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 2.7, which is generally considered an acceptable ratio of short interest to trading volume.Change versus previous monthShort interest in Sonim Technologies has recently decreased by 5.56%, indicating that investor sentiment is improving significantly. Dividend0.0 / 5Dividend StrengthN/A Dividend YieldSonim Technologies does not currently pay a dividend.Dividend GrowthSonim Technologies does not have a long track record of dividend growth. Sustainability and ESGN/AEnvironmental ScoreN/A Percentage of Shares Shorted3.06% 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 2.7, which is generally considered an acceptable ratio of short interest to trading volume.Change versus previous monthShort interest in Sonim Technologies has recently decreased by 5.56%, indicating that investor sentiment is improving significantly. News and Social Media0.6 / 5News SentimentN/A MarketBeat Follows1 people have added Sonim Technologies to their MarketBeat watchlist in the last 30 days. Company Ownership1.7 / 5Insider TradingN/A Insider Buying vs. Insider SellingIn the past three months, Sonim Technologies insiders have not sold or bought any company stock.Percentage Held by Insiders49.75% 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 3.26% of the stock of Sonim Technologies is held by institutions.Read more about Sonim Technologies' insider trading history. 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 HeadlinesSonim Technologies (NASDAQ:SONM) Stock Quotes, Forecast and News SummaryOctober 2, 2024 | benzinga.com6RO.BE,0P0001HNW4,0 (6RO.BE)August 14, 2024 | au.finance.yahoo.com625,000% GainImagine swapping your daily coffee expense for a future free of financial worries. It might seem far-fetched, but results like this are within reach with the right knowledge and timing in the altcoin market. Plus, you’ll get $10 in real Bitcoin when you stay to the end of the call and take a short quiz.November 2, 2024 | Crypto Swap Profits (Ad)Sonim Technologies Second Quarter 2024 Earnings: Revenues Beat Expectations, EPS LagsAugust 12, 2024 | finance.yahoo.comSonim Technologies, Inc.: Sonim Reports Second Quarter 2024 Results, Begins New Product Releases into Large New Addressable MarketsAugust 10, 2024 | finanznachrichten.deSONM Stock Earnings: Sonim Technologies Misses EPS, Beats Revenue for Q2 2024August 9, 2024 | investorplace.comSONM Stock Earnings: Sonim Technologies Misses EPS, Misses Revenue for Q1 2024May 15, 2024 | investorplace.comSonim Technologies, Inc.: Sonim Reports 25% Sequential Increase in Revenue, Continues Advancement into New Addressable MarketsMay 14, 2024 | finanznachrichten.deSee More Headlines SONM Stock Analysis - Frequently Asked Questions How have SONM shares performed this year? Sonim Technologies' stock was trading at $7.3490 at the beginning of 2024. Since then, SONM stock has decreased by 54.9% and is now trading at $3.3150. View the best growth stocks for 2024 here. How were Sonim Technologies' earnings last quarter? Sonim Technologies, Inc. (NASDAQ:SONM) released its quarterly earnings results on Friday, August, 9th. The company reported ($1.41) earnings per share for the quarter, hitting analysts' consensus estimates of ($1.41). The firm earned $11.52 million during the quarter, compared to the consensus estimate of $10.91 million. Sonim Technologies had a negative trailing twelve-month return on equity of 50.00% and a negative net margin of 14.94%. When did Sonim Technologies' stock split? Sonim Technologies shares reverse split on the morning of Thursday, July 18th 2024. The 1-10 reverse split was announced on Thursday, July 18th 2024. The number of shares owned by shareholders was adjusted after the closing bell on Thursday, July 18th 2024. An investor that had 100 shares of stock prior to the reverse split would have 10 shares after the split. When did Sonim Technologies IPO? Sonim Technologies (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. 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 Charles Schwab, E*TRADE, Fidelity, and Vanguard Brokerage Services. Compare Top Brokerages Here. What other stocks do shareholders of Sonim Technologies own? Based on aggregate information from My MarketBeat watchlists, some other companies that Sonim Technologies investors own include Block (SQ), Digital Turbine (APPS), Palantir Technologies (PLTR), CrowdStrike (CRWD), NVIDIA (NVDA), Canoo (GOEV) and SoFi Technologies (SOFI). Company Calendar Last Earnings8/09/2024Today11/02/2024Next Earnings (Estimated)11/12/2024Fiscal Year End12/31/2024Get Stock AlertsIndustry, Sector and Symbol Stock ExchangeNASDAQ SectorComputer and Technology Industry Telephone & telegraph apparatus Sub-IndustryElectronic Equipment Current SymbolNASDAQ:SONM CUSIPN/A CIK1178697 Webwww.sonimtech.com Phone(650) 378-8100FaxN/AEmployees67Year FoundedN/AProfitability EPS (Most Recent Fiscal Year)($2.31) Trailing P/E RatioN/A Forward P/E RatioN/A P/E GrowthN/ANet Income$-90,000.00 Net Margins-14.94% Pretax Margin-14.43% Return on Equity-50.00% Return on Assets-20.40% Debt Debt-to-Equity RatioN/A Current Ratio1.21 Quick Ratio0.95 Sales & Book Value Annual Sales$93.63 million Price / Sales0.17 Cash Flow$0.49 per share Price / Cash Flow6.82 Book Value$5.19 per share Price / Book0.64Miscellaneous Outstanding Shares4,840,000Free Float2,431,000Market Cap$16.04 million OptionableNot Optionable Beta2.52 10 Best Stocks to Own in 2025Click the link below and we'll send you MarketBeat's list of the 10 best stocks to own in 2025 and why they should be in your portfolio. Get This Free Report This page (NASDAQ:SONM) was last updated on 11/2/2024 by MarketBeat.com Staff From Our Partners625,000% GainImagine swapping your daily coffee expense for a future free of financial worries. It might seem far-fetche...Crypto Swap Profits | SponsoredEx WH Advisor Who Predicted Biden Leaving Race Makes Startling New PredictionFormer advisor to the CIA, the Pentagon and the White House Jim Rickards went on multiple TV news programs… ...Paradigm Press | SponsoredMarket "Famine" ComingMarket Wizard Larry Benedict accurately predicted that all indexes would be negative in 2022... He predicte...Opportunistic Trader | SponsoredMusk Says ‘Dollar Will Be Worth Nothing…’Elon Musk just issued an urgent warning… It's no secret that Musk is able to move markets with his words…Crypto 101 Media | Sponsored[Just Released] Jovine's Emergency Briefing insidePeople didn't believe Jovine when he predicted the 2008 financial crisis over a year in advance. 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