Sonnet BioTherapeutics Holdings, Inc. (SONN)
NASDAQ: SONN · Real-Time Price · USD
2.920
-0.120 (-3.95%)
At close: Nov 20, 2024, 4:00 PM
2.870
-0.050 (-1.71%)
Pre-market: Nov 21, 2024, 5:50 AM EST
SONN Stock Forecast
SONN's stock price has decreased by -74.65% in the past year and price targets may not have had time to catch up.
Stock Price Forecast
The 3 analysts with 12-month price forecasts for SONN stock have an average target of 117.33, with a low estimate of 56 and a high estimate of 240. The average target predicts an increase of 3,918.15% from the current stock price of 2.92.
Analyst Consensus: Strong Buy
* Price targets were last updated on Aug 23, 2024.
Analyst Ratings
The average analyst rating for SONN stock from 3 stock analysts is "Strong Buy". This means that analysts believe this stock is likely to perform very well in the near future and significantly outperform the market.
Recommendation Trends
| Rating | Jun '24 | Jul '24 | Aug '24 | Sep '24 | Oct '24 | Nov '24 |
|---|---|---|---|---|---|---|
| Strong Buy | 4 | 4 | 3 | 3 | 3 | 3 |
| Buy | 0 | 0 | 0 | 0 | 0 | 0 |
| Hold | 0 | 0 | 0 | 0 | 0 | 0 |
| Sell | 0 | 0 | 0 | 0 | 0 | 0 |
| Strong Sell | 0 | 0 | 0 | 0 | 0 | 0 |
| Total | 4 | 4 | 3 | 3 | 3 | 3 |
Latest Forecasts
| Analyst | Firm | Rating | Rating | Action | Price Target | Upside | Date |
|---|---|---|---|---|---|---|---|
| Chardan Capital | Chardan Capital | Strong Buy Maintains $240 | Strong Buy | Maintains | $240 | +8,119.18% | Aug 23, 2024 |
| Chardan Capital | Chardan Capital | Strong Buy Maintains $240 | Strong Buy | Maintains | $240 | +8,119.18% | May 28, 2024 |
| EF Hutton | EF Hutton | Strong Buy Maintains $88 → $56 | Strong Buy | Maintains | $88 → $56 | +1,817.81% | May 16, 2024 |
| Chardan Capital | Chardan Capital | Strong Buy Maintains $600 → $240 | Strong Buy | Maintains | $600 → $240 | +8,119.18% | Feb 15, 2024 |
| Ladenburg Thalmann | Ladenburg Thalmann | Strong Buy Initiates $56 | Strong Buy | Initiates | $56 | +1,817.81% | Nov 27, 2023 |
Financial Forecast
Revenue This Year
38.25K
from 147.81K
Decreased by -74.12%
Revenue Next Year
n/a
from 38.25K
EPS This Year
-13.10
from -145.12
EPS Next Year
-15.26
from -13.10
Revenue Forecast
| Revenue | 2024 | 2025 |
|---|---|---|
| High | 78,750 | n/a |
| Avg | 38,250 | n/a |
| Low | n/a | n/a |
Revenue Growth
| Revenue Growth | 2024 | 2025 |
|---|---|---|
| High | -46.7% | - |
| Avg | -74.1% | - |
| Low | - | - |
EPS Forecast
| EPS | 2024 | 2025 |
|---|---|---|
| High | -13.44 | -15.71 |
| Avg | -13.10 | -15.26 |
| Low | -12.62 | -14.66 |
EPS Growth
| EPS Growth | 2024 | 2025 |
|---|---|---|
| High | - | - |
| Avg | - | - |
| Low | - | - |
Sources: Price targets and analyst ratings provided by Benzinga. Revenue and EPS forecast data provided by Finnhub. The data is sourced from Wall Street analysts. Data disclaimer.