Can you provide the average price target for SONENDO INC stock?
9 analysts have analysed SONX and the average price target is 1.75 USD. This implies a price increase of 659.46% is expected in the next year compared to the current price of 0.23.
SONENDO INC (SONX) Forecast, Price Target & Analyst Ratings
NYSE:SONX • US8354311073
Current stock price
0.23 USD
-0.01 (-4.33%)
Last:
Analyst forecast overview
View the latest analyst price targets, stock forecast, EPS estimates, revenue projections, revisions, full estimates, rating distribution and upgrades/downgrades for SONENDO INC (SONX).
Forecast Snapshot
Next Earnings Forecast
Earnings Estimate- Release Date
- Mar 9, 2024
- Period
- Q3 / 2024
- EPS Estimate
- -$0.14
- Revenue Estimate
- 12.454M
Price Target Details & History
Consensus Price Target and Range
Mean target
$1.75
Upside
+ 659.46%
From current price of $0.23 to mean target of $1.75, Based on 9 analyst forecasts
Low
$0.40
Median
$0.94
High
$4.83
Price Target Revisions
1 Month
-36.28%
3 Months
-37.73%
Price Target Summary
9 Wall Street analysts provided a forecast for the next 12 months for SONX. The average price target is 1.75 USD. This implies a price increase of 659.46% is expected in the next year compared to the current price of 0.23.
The average price target has been revised downward by 37.73% in the past 3 months.
Analyst Ratings & History
Current Analyst Ratings
Analyst Ratings History
Analyst Ratings Consensus
ChartMill Buy Consensus
80.00%
SONX was analyzed by 9 analysts. The buy percentage consensus is at 80. So analysts seem to be have mildly positive about SONX.
In the previous month the buy percentage consensus was at a similar level.
SONX was analyzed by 9 analysts. More opinions would make the average more meaningful.
Recent Upgrades & Downgrades
| Date | Firm | Action | From → To |
|---|---|---|---|
| 2024-03-12 | Stifel | Downgrade | Buy -> Hold |
| 2023-11-10 | Goldman Sachs | Maintains | Buy -> Buy |
| 2023-11-09 | Goldman Sachs | Maintains | Buy -> Buy |
| 2023-11-09 | Morgan Stanley | Maintains | Equal-Weight -> Equal-Weight |
| 2023-11-09 | Piper Sandler | Maintains | Neutral -> Neutral |
| 2023-11-01 | Stifel | Maintains | Buy -> Buy |
| 2023-08-11 | Goldman Sachs | Maintains | Buy -> Buy |
| 2023-08-10 | Goldman Sachs | Maintains | Buy -> Buy |
| 2023-08-10 | Piper Sandler | Downgrade | Overweight -> Neutral |
| 2023-05-11 | Goldman Sachs | Maintains | Buy -> Buy |
| 2023-05-10 | Morgan Stanley | Maintains | Equal-Weight |
| 2023-03-13 | Goldman Sachs | Maintains | Buy |
| 2023-03-09 | Morgan Stanley | Maintains | Equal-Weight |
| 2023-01-06 | Morgan Stanley | Maintains | Equal-Weight |
| 2022-11-10 | Morgan Stanley | Maintains | Equal-Weight |
| 2022-10-04 | Stifel | Maintains | Buy |
| 2022-08-11 | Piper Sandler | Maintains | Overweight |
| 2022-06-17 | Stifel | Maintains | Buy |
| 2022-05-11 | Piper Sandler | Maintains | Overweight |
| 2022-01-31 | Morgan Stanley | Initiate | Equal-Weight |
| 2021-11-23 | Stifel | Initiate | Buy |
| 2021-11-23 | Goldman Sachs | Initiate | Buy |
| 2021-11-23 | B of A Securities | Initiate | Buy |
| 2021-11-23 | Piper Sandler | Initiate | Overweight |
Next Earnings Forecast Details
Next Earnings Details
- Release Date
- Mar 9, 2024
- Period
- Q3 / 2024
- EPS Estimate
- -$0.14
- Revenue Estimate
- 12.454M
- Revenue Q2Q
- 19.63%
- EPS Q2Q
- -2.00%
- Number of Analysts
- 3
Next Earnings Revisions
Revenue (1 Month)
-4.58%
Revenue (3 Months)
-4.58%
EPS (1 Month)
-1.82%
EPS (3 Months)
-1.82%
Next Earnings Summary
SONX is expected to report earnings on 3/9/2024. The consensus EPS estimate for the next earnings is -0.14 USD and the consensus revenue estimate is 12.45M USD.
The next earnings revenue estimate has been revised downward by 4.58% in the past 3 months.
Full Analyst Estimates 2023 - 2025
Yearly Earnings Per Share (EPS), Revenue, EBIT, EBITDA and Operating Margin Analyst Estimates
| 2020 | 2021 | 2022 | 2023 | 2024 | 2025 | ||
|---|---|---|---|---|---|---|---|
| Revenue YoY % growth | 23.35M -32.77% | 33.2M 42.18% | 41.66M 25.48% | 45.552M 9.34% | 54.953M 20.64% | 69.37M 26.24% | |
| EBITDA YoY % growth | -39.23M 8.96% | -42.39M -8.06% | -56.49M -33.26% | -47.008M 16.78% | -35.104M 25.32% | -24.424M 30.42% | |
| EBIT YoY % growth | -42.8M 7.12% | -44.41M -3.76% | -58.2M -31.05% | -54.919M 5.64% | -43.947M 19.98% | -30.669M 30.21% | |
| Operating Margin | -183.30% | -133.77% | -139.70% | -120.56% | -79.97% | -44.21% | |
| EPS YoY % growth | N/A | N/A | -1.79 43.02% | -0.62 65.53% | -0.52 16.53% | -0.38 26.73% |
All data in USD
Quarterly Earnings Per Share (EPS), Revenue, EBIT and EBITDA Analyst Estimates
| Q3 / 24 | Q4 / 24 | |
|---|---|---|
| EPS Q2Q % growth | -0.14 -2.00% | -0.12 14.29% |
| Revenue Q2Q % growth | 12.454M 19.63% | 15.129M 24.12% |
| EBITDA Q2Q % growth | -9.821M 11.69% | -8.493M 22.76% |
| EBIT Q2Q % growth | -12.33M 2.99% | -11.044M 17.45% |
All data in USD
Yearly Earnings Per Share (EPS) and Revenue Trends vs Historical Data
Long Term Forward Growth Forecast Summary
Long Term EPS Growth (CAGR)
EPS Next 3 Year
21.40%
EPS Next 5 Year
N/A
Long Term Revenue Growth (CAGR)
Revenue Next 3 Year
18.20%
Revenue Next 5 Year
N/A
Long Term EBIT Growth (CAGR)
EBIT Next 3 Year
15.86%
EBIT Next 5 Year
N/A
SONENDO INC / SONX Forecast FAQ
When does SONENDO INC (SONX) report earnings?
SONENDO INC (SONX) will report earnings on 2024-03-09, after the market close.
What are the consensus estimates for SONENDO INC (SONX) next earnings?
The consensus EPS estimate for the next earnings of SONENDO INC (SONX) is -0.14 USD and the consensus revenue estimate is 12.45M USD.
What is the number of analysts for SONX stock?
The number of analysts covering SONENDO INC (SONX) is 9.