Sonim Technologies Inc (SONM)
NASDAQ:SONM
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Sonim Technologies
(NASDAQ:SONM)
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Rating:51Neutral
Price Target:
$5.50
▲(47.45% Upside)
Action:UpgradedDate:01/28/26
The score is held down primarily by weak financial performance—heavy losses, substantial cash burn, and negative equity—despite a sharp revenue rebound. Technicals show mixed trend conditions with overbought momentum, while corporate events provide some support via balance-sheet simplification and potential Nasdaq compliance improvements; valuation is constrained by negative earnings.
Positive Factors
Sharp TTM Revenue Rebound
A 205.8% TTM revenue increase indicates renewed customer demand and larger order flows versus the prior period. If sustained, higher revenue can absorb fixed costs, support scaling, and provide a base to improve gross and operating margins over the next several quarters.
Negative Factors
Weak Profitability and Margins
Very low gross margins with large operating losses indicate the current business model struggles to convert sales into profits. Persistent negative margins erode equity and make it difficult to fund operations, invest in growth, or transition to a new business line without recurring external funding.
Read all positive and negative factors
Positive Factors
Negative Factors
Sharp TTM Revenue Rebound
A 205.8% TTM revenue increase indicates renewed customer demand and larger order flows versus the prior period. If sustained, higher revenue can absorb fixed costs, support scaling, and provide a base to improve gross and operating margins over the next several quarters.
Read all positive factors
Sonim Technologies (SONM) vs. SPDR S&P 500 ETF (SPY)
Market Cap
$5.21M
Dividend YieldN/A
Average Volume (3M)1.30M
Price to Earnings (P/E)―
Beta (1Y)0.41
Revenue Growth4.17%
EPS Growth-238.36%
CountryUS
Employees160
SectorTechnology
Sector Strength88
IndustryCommunication Equipment
Share Statistics
EPS (TTM)N/A
Shares Outstanding1,488,465
10 Day Avg. Volume736,839
30 Day Avg. Volume1,298,613
Financial Highlights & Ratios
PEG Ratio>-0.01
Price to Book (P/B)-47.08
Price to Sales (P/S)4.60
P/FCF Ratio-30.85
Enterprise Value/Market Cap1.23
Enterprise Value/Revenue0.11
Enterprise Value/Gross Profit0.59
Enterprise Value/Ebitda-0.23
Forecast
1Y Price TargetN/A
Price Target UpsideN/A
Rating ConsensusN/A
Number of Analyst Covering0
EPS Forecast (FY)19.98
Revenue Forecast (FY)$143.20M
Sonim Technologies Business Overview & Revenue Model
Company Description
DNA X, Inc. provides enterprise 5G solutions in the United States, Canada, Europe, the Middle East, and the Asia Pacific. The company offers ruggedized cell phones for task workers, which include Sonim XP10, Sonim XP5plus, Sonim XP3plus, and Sonim...
How the Company Makes Money
Sonim Technologies makes money primarily through the sale of its rugged mobile devices and accessories. The company's revenue streams are driven by direct sales to enterprises, indirect sales through distribution partners, and strategic partnershi...
Sonim Technologies Financial Statement Overview
Summary
Income Statement
18
Very Negative
Balance Sheet
22
Negative
Cash Flow
14
Very Negative
| Breakdown | TTM | Dec 2024 | Dec 2023 | Dec 2022 | Dec 2021 | Dec 2020 |
|---|---|---|---|---|---|---|
Income Statement | ||||||
| Total Revenue | 59.11M | 58.30M | 93.63M | 69.83M | 54.57M | 63.99M |
| Gross Profit | 10.83M | 9.92M | 19.32M | 11.62M | 6.41M | 15.21M |
| EBITDA | -28.34M | -29.84M | 2.50M | -11.43M | -36.33M | -26.97M |
| Net Income | -33.38M | -33.65M | -90.00K | -14.09M | -38.63M | -29.93M |
Balance Sheet | ||||||
| Total Assets | 40.22M | 39.74M | 56.04M | 53.69M | 41.09M | 50.31M |
| Cash, Cash Equivalents and Short-Term Investments | 2.14M | 5.34M | 9.40M | 13.21M | 11.23M | 22.14M |
| Total Debt | 5.07M | 0.00 | 55.00K | 213.00K | 214.00K | 362.00K |
| Total Liabilities | 40.92M | 45.44M | 33.67M | 33.64M | 22.46M | 21.90M |
| Stockholders Equity | -701.00K | -5.70M | 22.37M | 20.05M | 18.63M | 28.41M |
Cash Flow | ||||||
| Free Cash Flow | -26.04M | -8.70M | -4.09M | -12.37M | -38.52M | -10.57M |
| Operating Cash Flow | -26.03M | -8.49M | -4.05M | -12.36M | -38.48M | -10.56M |
| Investing Cash Flow | -8.00K | -214.00K | -36.00K | -8.00K | -46.00K | -11.00K |
| Financing Cash Flow | 19.12M | 4.65M | 272.00K | 14.35M | 27.61M | 21.41M |
Sonim Technologies Technical Analysis
Negative
3.73
Price Trends
4.87
Negative
5.30
Negative
9.03
Negative
Market Momentum
-0.37
Negative
43.02
Neutral
52.54
Neutral
Evaluating momentum and price trends is crucial in stock analysis to make informed investment decisions. For SONM, the sentiment is Negative. The current price of 3.73 is above the 20-day moving average (MA) of 3.68, below the 50-day MA of 4.87, and below the 200-day MA of 9.03, indicating a bearish trend. The MACD of -0.37 indicates Negative momentum. The RSI at 43.02 is Neutral, neither overbought nor oversold. The STOCH value of 52.54 is Neutral, not indicating any strong overbought or oversold conditions. Overall, these indicators collectively point to a Negative sentiment for SONM.
Sonim Technologies Risk Analysis
Sonim Technologies disclosed 56 risk factors in its most recent earnings report. Sonim Technologies reported the most risks in the "Finance & Corporate" category.
Finance & Corporate - Financial and accounting risks. Risks related to the execution of corporate activity and strategy
Latest Risks Added 0 New Risks
Sonim Technologies Peers Comparison
UnderperformOutperform
Sector (61)
Name | Overall Rating | Market Cap | P/E Ratio | ROE | Dividend Yield | Revenue Growth | EPS Growth |
|---|---|---|---|---|---|---|---|
67 Neutral | $57.44M | 16.83 | 33.19% | ― | -5.65% | 88.68% | |
61 Neutral | $37.18B | 12.37 | -10.20% | 1.83% | 8.50% | -7.62% | |
51 Neutral | $5.21M | -5.63 | 1515.04% | ― | 4.17% | -238.36% | |
47 Neutral | $21.88M | -2.94 | -13.41% | ― | -34.53% | -50.58% | |
43 Neutral | $9.23M | -0.09 | -260.09% | ― | -56.36% | 32.37% |
* Technology Sector Average
SONM
Sonim Technologies
3.50
-23.32
-86.95%
UTSI
UTStarcom
2.31
0.00
0.00%
FIEE
FiEE
7.24
6.32
686.96%
ASNS
Actelis Networks, Inc.
0.35
-5.78
-94.36%
MOB
Mobilicom
5.69
4.27
300.99%
Sonim Technologies Corporate Events
Business Operations and StrategyDelistings and Listing ChangesM&A TransactionsRegulatory Filings and Compliance
Sonim Technologies Rebrands as DNA X, Shifts Strategy
Positive
Jan 27, 2026
On January 23, 2026, Sonim Technologies implemented an amendment to its asset purchase agreement tied to the sale of its legacy business, replacing a planned escrow with a $1.5 million holdback at closing to cover purchase price adjustments and in...
Business Operations and StrategyM&A TransactionsShareholder Meetings
Sonim Shareholders Approve Major Legacy Business Divestiture
Positive
Dec 31, 2025
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 d...
Business Operations and StrategyM&A TransactionsPrivate Placements and Financing
Sonim Technologies Secures Funding and Completes DNA X Acquisition
Neutral
Dec 18, 2025
On December 15, 2025, Sonim Technologies entered into a private placement with DNA Holdings Venture, issuing a $1.2 million unsecured convertible promissory note and simultaneously acquiring 100% of DNA X LLC in exchange for 223,201 Sonim common s...
Executive/Board Changes
Sonim Technologies Approves Cash Bonus for CFO
Neutral
Dec 5, 2025
On December 1, 2025, Sonim Technologies‘ Compensation Committee approved a contingent cash bonus for CFO Clay Crolius, linked to the consummation of an asset purchase agreement. Additionally, due to insufficient shares, a substitute cash gra...
Business Operations and StrategyM&A Transactions
Sonim Technologies Amends Asset Purchase Agreement
Neutral
Nov 26, 2025
On November 24, 2025, Sonim Technologies amended its asset purchase agreement with Pace Car Acquisition LLC, initially signed on July 17, 2025. The amendment removed references to a proposed reverse merger transaction and added provisions regardin...
Delistings and Listing ChangesRegulatory Filings and Compliance
Sonim Technologies Regains Nasdaq Compliance
Positive
Nov 13, 2025
On November 12, 2025, Sonim Technologies announced that it had regained compliance with Nasdaq’s minimum bid price requirement, as its stock price had been at or above $1.00 per share from October 27 to November 11, 2025. This development cl...
Glossary
BuyA stock rated as a "Buy" is expected to perform better than the overall market or a specific benchmark over the near-to-medium term. This rating suggests the stock is likely to deliver higher returns compared to other stocks in the same sector or market index. Note: This is not investment advice; please consult a financial advisor before making investment decisions.
HoldA stock rated as a "Hold" is expected to perform in line with the overall market or a specific benchmark. This rating indicates that the stock is neither particularly compelling nor unfavorable for investment. Note: This is not investment advice; please consult a financial advisor before making investment decisions.
SellA stock rated as a "Sell" is expected to perform worse than the overall market or a specific benchmark over the near-to-medium term. This rating suggests the stock may deliver lower returns compared to other stocks in the same sector or market index. Note: This is not investment advice; please consult a financial advisor before making investment decisions.
Disclaimer
This AI Analyst Stock Report is automatically generated by our AI systems using advanced algorithms and publicly available financial, technical, and market data. While the information provided aims to be accurate and insightful, it is intended for informational purposes only and should not be considered financial advice. Any content created by an AI (Artificial Intelligence) system may contain inaccuracies and/or contain errors. Investing in stocks carries inherent risks, and past performance is not indicative of future results. This report does not account for your personal financial circumstances, objectives, or risk tolerance. Always conduct your own research or consult with a qualified financial advisor before making investment decisions. The analysis and recommendations provided are based on historical and current data and may not fully reflect future market conditions or unexpected developments. Neither the creators of this report nor its affiliated entities guarantee the accuracy, completeness, or reliability of the information presented. Use this report at your own discretion and risk.