Sonim Technologies (NASDAQ:SONM) Issues Quarterly Earnings Results, Misses Expectations By $6.27 EPS

Posted by Tristan Rich on Aug 21st, 2026

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

Sonim Technologies Stock Performance

Sonim Technologies stock opened at $3.44 on Friday. Sonim Technologies has a fifty-two week low of $2.52 and a fifty-two week high of $16.97. The stock has a market cap of $5.13 million, a P/E ratio of -0.26 and a beta of 1.86. The firm’s fifty day moving average price is $3.98 and its 200-day moving average price is $4.32.

Institutional Investors Weigh In On Sonim Technologies

An institutional investor recently bought a new stake in Sonim Technologies stock. XTX Topco Ltd purchased a new position in shares of Sonim Technologies, Inc. (NASDAQ:SONM – Free Report) in the 2nd quarter, according to the company in its most recent disclosure with the Securities and Exchange Commission (SEC). The fund purchased 24,614 shares of the company’s stock, valued at approximately $30,000. XTX Topco Ltd owned about 0.14% of Sonim Technologies as of its most recent SEC filing. 3.26% of the stock is owned by hedge funds and other institutional investors.

Analyst Ratings Changes

Separately, Weiss Ratings reiterated a “sell (e+)” rating on shares of Sonim Technologies in a research report on Friday, July 17th. One equities research analyst has rated the stock with a Sell rating, According to MarketBeat.com, Sonim Technologies currently has an average rating of “Sell”.

Check Out Our Latest Stock Report on SONM

About Sonim Technologies

(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.