Sonnet BioTherapeutics Holdings, Inc. (SONN)
NASDAQ: SONN · IEX Real-Time Price · USD
0.850
-0.014 (-1.59%)
At close: Jul 19, 2024, 4:00 PM
0.930
+0.080 (9.41%)
Pre-market: Jul 20, 2024, 9:29 AM EDT
SONN Stock Forecast
SONN's stock price has decreased by -89.27% in the past year and price targets may not have had time to catch up.
Stock Price Forecast
The 4 analysts with 12-month price forecasts for SONN stock have an average target of 47.85, with a low estimate of 7.00 and a high estimate of 147.4. The average target predicts an increase of 5,529.41% from the current stock price of 0.85.
Analyst Consensus: Strong Buy
* Price targets were last updated on May 28, 2024.
Analyst Ratings
The average analyst rating for SONN stock from 4 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 | Feb '24 | Mar '24 | Apr '24 | May '24 | Jun '24 | Jul '24 |
|---|---|---|---|---|---|---|
| Strong Buy | 3 | 3 | 3 | 4 | 4 | 4 |
| 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 | 3 | 3 | 3 | 4 | 4 | 4 |
Latest Forecasts
| Analyst | Firm | Rating | Rating | Action | Price Target | Upside | Date |
|---|---|---|---|---|---|---|---|
| Chardan Capital | Chardan Capital | Strong Buy Maintains $30 | Strong Buy | Maintains | $30 | +3,429.41% | May 28, 2024 |
| EF Hutton | EF Hutton | Strong Buy Maintains $11 → $7 | Strong Buy | Maintains | $11 → $7 | +723.53% | May 16, 2024 |
| Chardan Capital | Chardan Capital | Strong Buy Maintains $75 → $30 | Strong Buy | Maintains | $75 → $30 | +3,429.41% | Feb 15, 2024 |
| Ladenburg Thalmann | Ladenburg Thalmann | Strong Buy Initiates $7 | Strong Buy | Initiates | $7 | +723.53% | Nov 27, 2023 |
| EF Hutton | EF Hutton | Strong Buy Initiates $147 | Strong Buy | Initiates | $147 | +17,241.18% | Aug 23, 2023 |
Financial Forecast
Revenue This Year
67.32K
from 147.81K
Decreased by -54.45%
Revenue Next Year
n/a
from 67.32K
EPS This Year
-2.19
from -18.14
EPS Next Year
-2.57
from -2.19
Revenue Forecast
| Revenue | 2024 | 2025 |
|---|---|---|
| High | 138,600 | n/a |
| Avg | 67,320 | n/a |
| Low | n/a | n/a |
Revenue Growth
| Revenue Growth | 2024 | 2025 |
|---|---|---|
| High | -6.2% | - |
| Avg | -54.5% | - |
| Low | - | - |
EPS Forecast
| EPS | 2024 | 2025 |
|---|---|---|
| High | -1.58 | -2.65 |
| Avg | -2.19 | -2.57 |
| Low | -2.73 | -2.47 |
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.