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The latest update is out from Sonim Technologies ( (SONM) ).
On August 13, 2025, Sonim Technologies received a notice from Nasdaq indicating non-compliance with the minimum bid price requirement of $1.00 per share. The company has 180 days to regain compliance, potentially through a reverse stock split, or face possible delisting. Sonim is exploring options to address the deficiency, including seeking stockholder approval for corrective measures.
Spark’s Take on SONM Stock
According to Spark, TipRanks’ AI Analyst, SONM is a Underperform.
Sonim Technologies is dealing with significant financial instability, characterized by declining revenues, negative profitability, and a weakened balance sheet. The technical indicators suggest ongoing downward pressure on the stock price, while valuation metrics show a lack of attractiveness due to negative earnings. Immediate improvements in financial performance are necessary to enhance the stock’s prospects.
To see Spark’s full report on SONM stock, click here.
More about Sonim Technologies
Sonim Technologies, Inc. operates in the technology sector, primarily focusing on providing rugged mobile devices and accessories designed for use in demanding environments. The company targets industries such as public safety, construction, and industrial sectors, offering products that are built to withstand extreme conditions and provide reliable communication solutions.
Average Trading Volume: 4,444,511
Technical Sentiment Signal: Sell
Current Market Cap: $9.88M
For an in-depth examination of SONM stock, go to TipRanks’ Overview page.