Sonim Technologies (NASDAQ:SONM) Announces Earnings Results

Posted by Caroline Horne on Aug 20th, 2026

Sonim Technologies (NASDAQ:SONM – Get Free Report) issued its quarterly earnings results on Wednesday. The company reported ($1.05) EPS for the quarter, missing analysts’ consensus estimates of $5.22 by ($6.27), Zacks reports.

Sonim Technologies Price Performance

NASDAQ:SONM opened at $3.38 on Thursday. The business has a 50 day moving average of $4.00 and a 200 day moving average of $4.34. The company has a market capitalization of $5.04 million, a price-to-earnings ratio of -0.25 and a beta of 1.86. Sonim Technologies has a 1-year low of $2.52 and a 1-year high of $16.97.

Institutional Inflows and Outflows

An institutional investor recently bought a new stake in Sonim Technologies stock. XTX Topco Ltd acquired a new stake in Sonim Technologies, Inc. (NASDAQ:SONM – Free Report) in the second quarter, according to the company in its most recent disclosure with the SEC. The institutional investor acquired 24,614 shares of the company’s stock, valued at approximately $30,000. XTX Topco Ltd owned approximately 0.14% of Sonim Technologies as of its most recent filing with the SEC. Institutional investors own 3.26% of the company’s stock.

Wall Street Analysts Forecast Growth

Separately, Weiss Ratings reaffirmed a “sell (e+)” rating on shares of Sonim Technologies in a report on Friday, July 17th. One analyst has rated the stock with a Sell rating, Based on data from MarketBeat, Sonim Technologies has a consensus rating of “Sell”.

Check Out Our Latest Analysis on SONM

Sonim Technologies Company Profile

(Get Free Report)

Sonim Technologies, Inc (NASDAQ: SONM) is a specialty device manufacturer focused on mission-critical communications. The company designs, develops and markets ultra-rugged mobile handsets, push-to-talk (PTT) devices, accessories and supporting software platforms for customers operating in the most demanding environments. Sonim’s product line emphasizes durability, extended battery life and secure connectivity, tailored to industries where reliable voice and data services are essential.

At the core of Sonim’s offering are its hardened smartphones and PTT devices, engineered to meet or exceed military- and industrial-grade specifications for shock, water, dust and temperature resistance.