Sonendo, Inc. (SONX)
OTCMKTS: SONX · Delayed Price · USD
0.0723
-0.0013 (-1.70%)
Jul 19, 2024, 4:00 PM EDT - Market closed
Sonendo Stock Forecast
SONX's stock price has decreased by -94.57% 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 Sonendo stock have an average target of 1.69, with a low estimate of 0.25 and a high estimate of 4.60. The average target predicts an increase of 2,239.10% from the current stock price of 0.07.
Analyst Consensus: Buy
* Price targets were last updated on Mar 12, 2024.
Analyst Ratings
The average analyst rating for Sonendo stock from 4 stock analysts is "Buy". This means that analysts believe this stock is likely to outperform the market over the next twelve months.
Recommendation Trends
| Rating | Feb '24 | Mar '24 | Apr '24 | May '24 | Jun '24 | Jul '24 |
|---|---|---|---|---|---|---|
| Strong Buy | 2 | 1 | 1 | 1 | 1 | 1 |
| Buy | 0 | 0 | 0 | 0 | 0 | 0 |
| Hold | 2 | 3 | 3 | 3 | 3 | 3 |
| Sell | 0 | 0 | 0 | 0 | 0 | 0 |
| Strong Sell | 0 | 0 | 0 | 0 | 0 | 0 |
| Total | 4 | 4 | 4 | 4 | 4 | 4 |
Latest Forecasts
| Analyst | Firm | Rating | Rating | Action | Price Target | Upside | Date |
|---|---|---|---|---|---|---|---|
| Stifel | Stifel | Strong Buy → Hold Downgrades $1 → $0.25 | Strong Buy → Hold | Downgrades | $1 → $0.25 | +246.02% | Mar 12, 2024 |
| Goldman Sachs | Goldman Sachs | Strong Buy Maintains $1.75 → $1.5 | Strong Buy | Maintains | $1.75 → $1.5 | +1,976.12% | Nov 10, 2023 |
| Piper Sandler | Piper Sandler | Hold Maintains $1 → $0.4 | Hold | Maintains | $1 → $0.4 | +453.63% | Nov 9, 2023 |
| Goldman Sachs | Goldman Sachs | Strong Buy Maintains $1.75 → $1.5 | Strong Buy | Maintains | $1.75 → $1.5 | +1,976.12% | Nov 9, 2023 |
| Morgan Stanley | Morgan Stanley | Hold Maintains $5 → $4.6 | Hold | Maintains | $5 → $4.6 | +6,266.78% | Nov 9, 2023 |
Financial Forecast
Revenue This Year
30.80M
from 43.87M
Decreased by -29.78%
Revenue Next Year
34.37M
from 30.80M
Increased by 11.59%
EPS This Year
-0.42
from -0.65
EPS Next Year
-0.24
from -0.42
Revenue Forecast
| Revenue | 2024 | 2025 | 2026 | 2027 | 2028 |
|---|---|---|---|---|---|
| High | 31.7M | 35.4M | 39.9M | 46.5M | 58.0M |
| Avg | 30.8M | 34.4M | 38.8M | 45.2M | 56.3M |
| Low | 29.6M | 33.0M | 37.2M | 43.4M | 54.1M |
Revenue Growth
| Revenue Growth | 2024 | 2025 | 2026 | 2027 | 2028 |
|---|---|---|---|---|---|
| High | -27.7% | 14.9% | 16.1% | 20.0% | 28.3% |
| Avg | -29.8% | 11.6% | 12.8% | 16.6% | 24.6% |
| Low | -32.5% | 7.2% | 8.3% | 12.0% | 19.7% |
EPS Forecast
| EPS | 2024 | 2025 |
|---|---|---|
| High | -0.43 | -0.25 |
| Avg | -0.42 | -0.24 |
| Low | -0.40 | -0.24 |
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.