Wall Street is positive on Sonim Technologies Inc (SONM). On average, analysts give the stock a Strong Buy rating. The average price target is $20, which means analysts expect the stock to increase by 2531.58% over the next twelve months.
That average ranking earns the stock an Analyst Rating of 73, which is better than 73% of stocks based on data compiled by InvestorsObserver.
Wall Street analysts are rating SONM a Strong Buy today. Find out what this means to you and get the rest of the rankings on SONM!
You can learn a lot about a company from looking at it’s financial statements and comparing them to other companies. Analysts who cover an industry in depth can add even more to your research though. They typically follow a particular sector or industry very closely. They also pay attention to and ask questions on earnings conference calls and other events where they might learn information that does show up in the numbers.
InvestorsObserver takes the average rating from these analysts, and then percentile ranks those averages. This lets you compare stocks in a much more granular way than just seeing the typical five-tiered rating system used on most of Wall Street.
What's Happening With Sonim Technologies Inc Stock Today?
Sonim Technologies Inc (SONM) stock is up 7.86% while the S&P 500 is lower by -0.73% as of 1:03 PM on Thursday, Apr 14. SONM is higher by $0.06 from the previous closing price of $0.70 on volume of 1,420,459 shares. Over the past year the S&P 500 has risen 7.02% while SONM is lower by -88.87%. SONM lost -$4.08 per share the over the last 12 months.
Click Here to get the full Stock Report for Sonim Technologies Inc stock.
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