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The latest update is out from Sonim Technologies ( (SONM) ).
On December 30, 2025, Sonim Technologies’ stockholders approved an asset purchase agreement for the sale of substantially all assets related to the company’s enterprise 5G solutions “Legacy Business,” including its rugged devices, wireless internet products, software, services, and accessories, to Pace Car Acquisition LLC, with Social Mobile Technology Holdings LLC acting as guarantor. Shareholders also backed, on an advisory and non-binding basis, the compensation arrangements for named executive officers tied to the asset sale, and, because the asset sale proposal passed with a quorum present, a previously proposed adjournment item was rendered moot, clearing the way for Sonim to move forward with a significant divestiture that will reshape its operations and strategic focus.
The most recent analyst rating on (SONM) stock is a Hold with a $3.00 price target. To see the full list of analyst forecasts on Sonim Technologies stock, see the SONM Stock Forecast page.
Spark’s Take on SONM Stock
According to Spark, TipRanks’ AI Analyst, SONM is a Neutral.
The score is held down primarily by weak financial health (large losses, negative equity, and significant cash burn) and strongly bearish technicals (well below moving averages with negative momentum). Nasdaq compliance regain is a positive offset, but valuation is difficult to support with negative earnings and no stated dividend yield.
To see Spark’s full report on SONM stock, click here.
More about Sonim Technologies
Sonim Technologies, Inc. operates in the enterprise 5G solutions market, providing rugged handsets, smartphones, wireless internet devices, software, services, and accessories, with a focus on serving customers that require durable, mission-critical mobile communications equipment.
Average Trading Volume: 48,678
Technical Sentiment Signal: Sell
Current Market Cap: $4.61M
See more data about SONM stock on TipRanks’ Stock Analysis page.