Sonder Holdings Inc [NASDAQ: SOND] stock went on a downward path that fall over -23.45% on Friday, amounting to a one-week price decrease of less than -15.69%.
Over the last 12 months, SOND stock dropped by -96.03%. The one-year Sonder Holdings Inc stock forecast points to a potential upside of 96.75. The average equity rating for SOND stock is currently 3.00, trading closer to a bullish pattern in the stock market.
The market cap for the stock reached $1.68 million, with 12.76 million shares outstanding and 10.90 million shares in the current float. Compared to the average trading volume of 13.48M shares, SOND stock reached a trading volume of 39820896 in the most recent trading day, which is why market watchdogs consider the stock to be active.
Guru’s Opinion on Sonder Holdings Inc [SOND]:
Based on careful and fact-backed analyses by Wall Street experts, the current consensus on the target price for SOND shares is $4.00 per share. Analysis on target price and performance of stocks is usually carefully studied by market experts, and the current Wall Street consensus on SOND stock is a recommendation set at 3.00. This rating represents a strong Buy recommendation, on the scale from 1 to 5, where 5 would mean strong sell, 4 represents Sell, 3 is Hold, and 2 indicates Buy.
Citigroup have made an estimate for Sonder Holdings Inc shares, keeping their opinion on the stock as Neutral, with their previous recommendation back on December 20, 2023. While these analysts kept the previous recommendation, Citigroup raised their target price to Buy. The new note on the price target was released on April 20, 2022, representing the official price target for Sonder Holdings Inc stock.
SOND Stock Performance Analysis:
Sonder Holdings Inc [SOND] fell into the red zone at the end of the last week, falling into a negative trend and dropping by -15.69. With this latest performance, SOND shares dropped by -87.24% in over the last four-week period, additionally sinking by -93.10% over the last 6 months – not to mention a drop of -96.03% in the past year of trading.
Overbought and oversold stocks can be easily traced with the Relative Strength Index (RSI), where an RSI result of over 70 would be overbought, and any rate below 30 would indicate oversold conditions. An RSI rate of 50 would represent a neutral market momentum. The current RSI for SOND stock in for the last two-week period is set at 24.92, with the RSI for the last a single of trading hit 0.0973, and the three-weeks RSI is set at 0.1219 for Sonder Holdings Inc [SOND]. The present Moving Average for the last 50 days of trading for this stock 0.9717, while it was recorded at 0.1203 for the last single week of trading, and 1.9048 for the last 200 days.
Insight into Sonder Holdings Inc Fundamentals:
Operating Margin for any stock indicates how profitable investing would be, and Sonder Holdings Inc [SOND] shares currently have an operating margin of -22.07% and a Gross Margin at 36.91%. Sonder Holdings Inc’s Net Margin is presently recorded at -45.91%.
Sonder Holdings Inc (SOND) Capital Structure & Debt Analysis
Sonder Holdings Inc (SOND) Efficiency & Liquidity Metrics
Sonder Holdings Inc (SOND) Efficiency & Liquidity Metrics
From an operational efficiency perspective, Sonder Holdings Inc. (SOND) effectively leverages its workforce, generating an average of -$190358.9 per employee. The company’s liquidity position is robust, with a Current Ratio of 0.25% and a Quick Ratio of 0.25%, indicating strong ability to cover short-term liabilities.
SOND Stock EPS
With the latest financial reports released by the company, Sonder Holdings Inc posted -20.58/share EPS, while the average EPS was predicted by analysts to be reported at -5.35/share. When compared, the two values demonstrate that the company fail the estimates by a Surprise Factor of -15.23. The progress of the company may be observed through the prism of EPS growth rate, while Wall Street analysts are focusing on predicting the 5-year EPS growth rate for SOND.
Sonder Holdings Inc [SOND] Institutonal Ownership Details
There are presently around $86.89%, or 102.26%% of SOND stock, in the hands of institutional investors. The top three institutional holders of SOND stocks are: ATREIDES MANAGEMENT, LP with ownership of 1.01 million shares, which is approximately 9.0812%. VANGUARD GROUP INC, holding 0.49 million shares of the stock with an approximate value of $$2.28 million in SOND stocks shares; and VANGUARD GROUP INC, currently with $$2.21 million in SOND stock with ownership which is approximately 4.2717%.
