NYSE:SONX

Sonendo (SONX) Stock Price, News & Analysis

$0.09
0.00 (0.00%)
(As of 04/22/2024 ET)
Today's Range
$0.09
$0.10
50-Day Range
$0.08
$0.20
52-Week Range
$0.05
$1.83
Volume
430,763 shs
Average Volume
409,832 shs
Market Capitalization
$6.67 million
P/E Ratio
N/A
Dividend Yield
N/A
Price Target
$1.88

Sonendo MarketRank™ Stock Analysis

Analyst Rating
Hold
2.25 Rating Score
Upside/​Downside
1,880.8% Upside
$1.88 Price Target
Short Interest
N/A
Dividend Strength
N/A
Sustainability
N/A
News Sentiment
N/A
Insider Trading
N/A
Proj. Earnings Growth
Decreasing
From ($0.32) to ($0.42) Per Share

Overall MarketRank

New Rank-Based ScoringMarketRank is calculated by averaging available category scores (with extra weight given to analysis and valuation), then ranking the company's weighted average against that of other companies.

0.81 out of 5 stars

SONX stock logo

About Sonendo Stock (NYSE:SONX)

Sonendo, Inc., a commercial-stage medical technology company, develops, manufactures, and commercializes devices for root canal therapy in the United States and Canada. It provides GentleWave, a tooth decay treatment, a technology platform designed for cleaning and disinfecting the microscopic spaces within teeth without the need to remove tooth structure. The company also offers SoundSeal, a material used to build and create a sealing platform on the top of the crown; and Sonendo-branded liquid solution of ethylenediaminetetraacetic acid EDTA that is used to help debride and disinfect the root canal system. In addition, it provides The Digital Office, a practice management software to enable an integrated digital office for dental practitioners. The company was formerly known as Dentatek Corporation and changed its name to Sonendo, Inc. in March 2011. The company was incorporated in 2006 and is headquartered in Laguna Hills, California.

SONX Stock Price History

SONX Stock News Headlines

Head to Head Survey: Sonendo (SONX) vs. Its Rivals
Don’t Miss Out on the AI Gold Rush That’s Just Getting Started
“Titan of Tech” Bets Big on Tiny AI Company He’s made as much as 3,250,000% in just three years on companies like Facebook, Airbnb, and PayPal… But our research shows his latest investment could be his most successful venture yet.
Here's what Wall Street expects from Sonendo's earnings
Don’t Miss Out on the AI Gold Rush That’s Just Getting Started
“Titan of Tech” Bets Big on Tiny AI Company He’s made as much as 3,250,000% in just three years on companies like Facebook, Airbnb, and PayPal… But our research shows his latest investment could be his most successful venture yet.
Sonendo to Participate at Upcoming Investor Conference
Sonendo, Inc. (NYSE:SONX) Q3 2023 Earnings Call Transcript
Where Sonendo Stands With Analysts
See More Headlines
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Company Calendar

Last Earnings
3/11/2024
Today
4/23/2024
Next Earnings (Estimated)
5/10/2024
Fiscal Year End
12/31/2024

Industry, Sector and Symbol

Sector
Medical
Industry
Dental equipment & supplies
Sub-Industry
N/A
Fax
N/A
Employees
200
Year Founded
N/A

Price Target and Rating

Average Stock Price Target
$1.88
High Stock Price Target
$4.60
Low Stock Price Target
$0.40
Potential Upside/Downside
+1,880.8%
Consensus Rating
Hold
Rating Score (0-4)
2.25
Research Coverage
4 Analysts

Profitability

Net Income
$-60,920,000.00
Net Margins
-138.88%
Pretax Margin
-138.87%

Debt

Sales & Book Value

Annual Sales
$44.40 million
Book Value
$0.45 per share

Miscellaneous

Free Float
65,934,000
Market Cap
$6.67 million
Optionable
Not Optionable
Beta
1.65
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SONX Stock Analysis - Frequently Asked Questions

Should I buy or sell Sonendo stock right now?

4 Wall Street research analysts have issued "buy," "hold," and "sell" ratings for Sonendo in the last twelve months. There are currently 3 hold ratings and 1 buy rating for the stock. The consensus among Wall Street research analysts is that investors should "hold" SONX shares. A hold rating indicates that analysts believe investors should maintain any existing positions they have in SONX, but not buy additional shares or sell existing shares.
View SONX analyst ratings
or view top-rated stocks.

What is Sonendo's stock price target for 2024?

4 brokers have issued 1 year price objectives for Sonendo's shares. Their SONX share price targets range from $0.40 to $4.60. On average, they predict the company's stock price to reach $1.88 in the next year. This suggests a possible upside of 1,880.8% from the stock's current price.
View analysts price targets for SONX
or view top-rated stocks among Wall Street analysts.

How have SONX shares performed in 2024?

Sonendo's stock was trading at $0.21 at the beginning of 2024. Since then, SONX shares have decreased by 54.9% and is now trading at $0.0947.
View the best growth stocks for 2024 here
.

When is Sonendo's next earnings date?

The company is scheduled to release its next quarterly earnings announcement on Friday, May 10th 2024.
View our SONX earnings forecast
.

How were Sonendo's earnings last quarter?

Sonendo, Inc. (NYSE:SONX) released its earnings results on Monday, March, 11th. The company reported ($0.12) earnings per share for the quarter, beating the consensus estimate of ($0.15) by $0.03. The firm had revenue of $11.69 million for the quarter, compared to analysts' expectations of $11.72 million. Sonendo had a negative net margin of 138.88% and a negative trailing twelve-month return on equity of 121.92%.

What guidance has Sonendo issued on next quarter's earnings?

Sonendo updated its FY 2024 earnings guidance on Tuesday, March, 12th. The company provided EPS guidance of for the period. The company issued revenue guidance of $28.0 million-$30.0 million, compared to the consensus revenue estimate of $48.0 million.

When did Sonendo IPO?

Sonendo (SONX) raised $125 million in an initial public offering on Friday, October 29th 2021. The company issued 7,800,000 shares at a price of $15.00-$17.00 per share.

How do I buy shares of Sonendo?

Shares of SONX stock can be purchased through any online brokerage account. Popular online brokerages with access to the U.S. stock market include Charles Schwab, E*TRADE, Fidelity, and Vanguard Brokerage Services.
Compare Top Brokerages Here.

This page (NYSE:SONX) was last updated on 4/23/2024 by MarketBeat.com Staff

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