Sonendo, Inc. (SONX)
OTCMKTS: SONX · Delayed Price · USD
0.0884
-0.0036 (-3.88%)
Apr 18, 2024, 3:00 PM EDT - Market closed
Sonendo Stock Forecast
SONX's stock price has decreased by -94.4% 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 1,811.12% from the current stock price of 0.09.
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 | Nov '23 | Dec '23 | Jan '24 | Feb '24 | Mar '24 | Apr '24 |
|---|---|---|---|---|---|---|
| Strong Buy | 2 | 2 | 2 | 2 | 1 | 1 |
| Buy | 0 | 0 | 0 | 0 | 0 | 0 |
| Hold | 2 | 2 | 2 | 2 | 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 | +182.71% | Mar 12, 2024 |
| Goldman Sachs | Goldman Sachs | Strong Buy Maintains $1.75 → $1.5 | Strong Buy | Maintains | $1.75 → $1.5 | +1,596.26% | Nov 10, 2023 |
| Piper Sandler | Piper Sandler | Hold Maintains $1 → $0.4 | Hold | Maintains | $1 → $0.4 | +352.34% | Nov 9, 2023 |
| Goldman Sachs | Goldman Sachs | Strong Buy Maintains $1.75 → $1.5 | Strong Buy | Maintains | $1.75 → $1.5 | +1,596.26% | Nov 9, 2023 |
| Morgan Stanley | Morgan Stanley | Hold Maintains $5 → $4.6 | Hold | Maintains | $5 → $4.6 | +5,101.85% | Nov 9, 2023 |
Financial Forecast
Revenue This Year
29.48M
from 43.87M
Decreased by -32.80%
Revenue Next Year
36.31M
from 29.48M
Increased by 23.18%
EPS This Year
-0.33
from -0.00
EPS Next Year
-0.43
from -0.33
Revenue Forecast
| Revenue | 2024 | 2025 |
|---|---|---|
| High | 30.3M | 37.4M |
| Avg | 29.5M | 36.3M |
| Low | 28.3M | 34.9M |
Revenue Growth
| Revenue Growth | 2024 | 2025 |
|---|---|---|
| High | -30.8% | 26.8% |
| Avg | -32.8% | 23.2% |
| Low | -35.4% | 18.4% |
EPS Forecast
| EPS | 2024 | 2025 |
|---|---|---|
| High | -0.34 | -0.44 |
| Avg | -0.33 | -0.43 |
| Low | -0.31 | -0.41 |
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.