tiprankstipranks
Socket Mobile (SCKT)
NASDAQ:SCKT
Want to see SCKT full AI Analyst Report?

Socket Mobile (SCKT) Price & Analysis

342 Followers

SCKT Stock Chart & Stats

$0.47
<$0.01(1.85%)
At close: 4:00 PM EDT
$0.47
<$0.01(1.85%)

Bulls Say, Bears Say

Bulls Say
High Gross MarginsSocket Mobile’s ~50% gross margin indicates strong unit economics for its hardware. Durable gross margins provide a structural buffer to absorb SG&A and operating investments, meaning sustained margin strength can enable profitability if management controls operating expenses and utilization improves.
Industrial Channel TractionGrowing industrial/enterprise scanning diversifies revenue away from retail and channel seasonality. Moving from pilots to rollouts suggests scaling opportunities with direct, higher‑margin customers, which can create steadier, larger B2B contract flows and reduce reliance on consumer-facing partner cycles over months.
Expanded Distribution PartnershipThe 3Eye distribution deal broadenens North American channel reach into frontline and industrial mobility. Structural distribution expansion increases access to enterprise buyers, accelerates adoption in higher‑value segments, and supports sustained revenue diversification beyond legacy retail/reseller dependence.
Bears Say
Revenue Decline & Margin CompressionMaterial top‑line declines alongside gross margin deterioration reflect demand weakness and underutilized manufacturing. Persistent revenue drops reduce operating leverage and make profitability dependent on either a durable demand rebound or sustained cost cuts; this structural weakness increases execution risk over coming quarters.
Negative Operating And Free Cash FlowConsistent negative operating and free cash flow means the business is not self‑funding and must access external liquidity for operations or growth. Low cash reserves and ongoing burn constrain investment, heighten refinancing/dilution risk, and limit flexibility to pursue scaling or longer sales cycles in enterprise channels.
Elevated, Unstable LeverageHigh and volatile leverage materially weakens balance sheet resilience and increases refinancing risk. An extreme recent debt-to-equity reading suggests potential one‑offs or volatility, but the structural outcome is less financial flexibility, higher interest/coverage strain, and greater vulnerability if revenue recovery lags.

Socket Mobile News

SCKT FAQ

What was Socket Mobile’s price range in the past 12 months?
Socket Mobile lowest stock price was $0.38 and its highest was $2.79 in the past 12 months.
    What is Socket Mobile’s market cap?
    Socket Mobile’s market cap is $17.55M.
      When is Socket Mobile’s upcoming earnings report date?
      Socket Mobile’s upcoming earnings report date is Oct 22, 2026 which is in 71 days.
        How were Socket Mobile’s earnings last quarter?
        Socket Mobile released its earnings results on Jul 30, 2026. The company reported -$0.163 earnings per share for the quarter, missing the consensus estimate of N/A by N/A.
          Is Socket Mobile overvalued?
          According to Wall Street analysts Socket Mobile’s price is currently Overvalued. Get more investment ideas with TipRanks Premium
            Does Socket Mobile pay dividends?
            Socket Mobile does not currently pay dividends.
            What is Socket Mobile’s EPS estimate?
            Socket Mobile’s EPS estimate for its next earnings report is not yet available.
            How many shares outstanding does Socket Mobile have?
            Socket Mobile has 8,240,958 shares outstanding.
              What happened to Socket Mobile’s price movement after its last earnings report?
              Socket Mobile reported an EPS of -$0.163 in its last earnings report, missing expectations of N/A. Following the earnings report the stock price went down -9.663%.
                Which hedge fund is a major shareholder of Socket Mobile?
                Currently, no hedge funds are holding shares in SCKT
                What is the TipRanks Smart Score and how is it calculated?
                Smart Score combines eight research factors - such as analyst recommendations, hedge fund trends, and technical indicators - to measure a stock’s outlook. These signals are unified into a single score that reflects bullish or bearish momentum. See detailed methodology

                  Company Description

                  Socket Mobile

                  Socket Mobile, Inc. provides data capture and delivery solutions in the United States, Europe, Asia, and internationally. Its products and solutions are integrated into mobile applications for applications in the areas of point of sale, commercial services, asset tracking, manufacturing and quality control processes, transportation and logistics, event management, medical, and education. The company also offers cordless data capture devices that connect through Bluetooth and work with applications running on smartphones, mobile computers, and tablets; DuraScan 600 series NFC and RFID readers, 700 series companion scanners, 800 series attachable scanners, and the wearable 900 series products; and SocketScan solutions for seamless integration into various business applications, including the 300 series countertop readers, the 500 series NFC mobile wallet readers, the 700 series companion scanners, and the 800 series attachable scanners. In addition, it provides DuraSled, a protective barcode sled scanner; SocketCam C820 and C860, which are camera-based barcode scanners; and software developer kits, such as CaptureSDK that enables the App providers to modify captured data, control the placement of the barcoded or RFID data in their applications, and control the feedback to the user. Further, the company offers XtremeScan case, XtremeScan, and XtremeScan grip for the iphone. It serves retail, commercial services, industrial and manufacturing, transportation and logistics, and healthcare industries through a network of distributors, online resellers, and application providers, as well as online stores. The company was formerly known as Socket Communications, Inc. and changed its name to Socket Mobile, Inc. in April 2008. Socket Mobile, Inc. was founded in 1992 and is headquartered in Fremont, California.

                  Socket Mobile (SCKT) Earnings & Revenues

                  SCKT Earnings Call

                  Q2 2026
                  0:00 / 0:00
                  Earnings Call Sentiment|Negative
                  The call presented significant near-term financial deterioration — including a double-digit revenue decline, compressed gross margins, deeper operating losses, and a widening adjusted EBITDA loss — tempered by decisive management actions: cost reductions, AI-driven efficiency initiatives, product simplification, progress in a higher-potential industrial scanning channel (≈10% of Q2 revenue), maintained partner relationships (Shopify), and no auditor going-concern qualification. Liquidity remains tight (cash $1.6M) and the company may need to rely on its bank line or financing if revenue does not recover. Overall, operational fixes and a strategic pivot are underway, but they have not yet offset the sizeable financial headwinds reported this quarter.View all SCKT earnings summaries
                  Similar Stocks
                  Company
                  Price & Change
                  Follow
                  Identiv
                  Key Tronic
                  Transact Technologies
                  Ebang International Holdings
                  zSpace, Inc.

                  Ownership Overview

                  25.86%1.05%1.31%71.21%
                  25.86% Insiders
                  1.31% Other Institutional Investors
                  71.21% Public Companies and
                  Individual Investors
                  Popular Stocks