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How to Buy Sonder Holdings Stock

Sonder Holdings Inc

Sonder Holdings Inc. engages in the hospitality business. It operates and manages properties comprising 1-, 2-, and 3+ bedroom; and studio apartments, as well as 1-bedroom hotel rooms for leisure travelers and families, digital nomads, and professionals in North America, Europe, and the Middle East.

Sonder Holdings stock last closed at $3.24, down 2.7% from the previous day, and has decreased 77.09% in one year. It has underperformed other stocks in the Lodging industry by 1.1 percentage points. Sonder Holdings stock is currently +39.06% from its 52-week low of $2.33, and -80.48% from its 52-week high of $16.60.

At the moment, there are 11.06M SOND shares outstanding. The market capitalization of SOND is $35.85M. In the last 24 hours, 32,742 SOND shares were traded.

How to Buy Sonder Holdings Stock

Wondering how to invest in Sonder Holdings stock? Here's how.
  1. Figure out where to buy Sonder Holdings stock: You need to choose an online brokerage, but don't worry - we've tried dozens of online stock brokerages and apps to help you decide where to buy Sonder Holdings stock.
  2. Open your brokerage account: Sign up for 0% fee trading with the highest-rated brokerage we've identified.
  3. Deposit money your brokerage account: Select your method of payment and add your details.
  4. Research Sonder Holdings stock: The Sonder Holdings ticker symbol is SOND. Is Sonder Holdings stock a good investment? Should you buy shares of SOND? How do SOND's underlying business fundamentals look? Do top analysts think Sonder Holdings is a good buy? Why has SOND's stock price moved recently? (Hint: Our stock research website can help you decide if SOND is a good stock to buy).
  5. Place your SOND trade: Decide if you will purchase SOND shares at the current market price or use a limit order to purchase SOND shares at a specific price.
  6. Keep tabs on your SOND investment: Create a watchlist to get live updates on your investment in Sonder Holdings stock.

Step 1: Figure out where to buy Sonder Holdings stock

You need a brokerage account in order to access the NASDAQ market and buy SOND shares.

A brokerage account allows you to buy and sell a variety of financial instruments, such as stocks, bonds, mutual funds, and ETFs.

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Step 2: Open your brokerage account

Now that you've chosen your brokerage, you need to fill out some personal details so you can invest in SOND stock today.

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Step 3: Deposit money your brokerage account

Now that you've finished signing up on the best beginner stock app, you can securely and quickly fund your account:

Watch the tutorial below to see the process of depositing money into your new brokerage account.

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Step 4: Research Sonder Holdings stock

After you have identified the best place to buy Sonder Holdings stock, it's important to evaluate their stock before you buy, so you actually understand the risk and upside.

Overview of key SOND info

SOND Price
$3.24
1w %
-7.69%
1y %
-77.09%
5y %
N/A
P/E
-0.13x
P/B
-0.19x
P/S
0.06x
PEG
N/A
Revenue
$573.81M
Earnings
-$269.78M
Fore. Rev. Growth
30.25%
Fore. Earn. Growth
N/A
Market Cap
$35.85M
Next Earnings
May 8, 2024
Next Dividend
N/A

Sonder Holdings Due Diligence Checks

WallStreetZen was created to help everyday investors do better fundamental analysis quickly.

You can see all of the due diligence checks on SOND's stock page.

Is SOND stock overvalued?

You can use many financial metrics, analyses, models, and charts to gauge SOND's true value.

You can do more valuation research on SOND's stock here.

A look at SOND Cashflows and Balance Sheet

Passed Financial Due Diligence Checks:

  • SOND has cash burn of 115970000. It has enough cash and short-term investments to cover this for at least one year.
  • SOND has $207.23M in cash and short term investments. This is sufficient to cover its annual cash burn of $115.97M.

Failed Financial Due Diligence Checks:

  • There are more short-term liabilities than short-term assets on the SOND balance sheet.
  • SOND profit margin has gone down from -45.3% to -47% in the past year.
  • There are more long-term liabilities than short-term assets on the SOND balance sheet.
  • Total SOND debt is still negative.
  • SOND debt to equity ratio of -9.91 is negative.

Do analysts think it's a good time to buy Sonder Holdings stock

Out of 1 Wall Street analysts who research SOND, the consensus analyst rating on Sonder Holdings is a Hold

Please keep in mind that analyst forecasts are not stock recommendations, nor are they financial advice.

You can dig deeper into what analysts are forecasting on the Sonder Holdings stock forecast page.

SOND Momentum

SMA10
3.89
SMA20
4.42
SMA50
3.66
SMA100
4.03
SMA200
6.74
MACD
-0.18
MACD Signal
0.05
MACD Histogram
-0.23
RSI
42.08
Stochastic %K
11.51
Stochastic %D
17.11
StochRSI %K
10.43
StochRSI %D
15.9

SOND Performance Numbers

Last year, SOND revenue was $573.81M. During the past 2 year, SOND's revenue has gone up by 81.2% per year. This was faster than the Lodging industry average of 4.91%.

Dig into SOND's earnings and revenue performance here.

Latest Insiders Trades at SOND

Over the past 12 months, insiders at SOND have bought more shares than they have sold.

Adam Bowen, Chief Accounting Officer of SOND, was the latest SOND insider to buy. They bought $28,900.00 worth of SOND stock on Dec 6, 2023.

Get more info about who owns SOND stock here.

Can I rely on SOND as an income stream?

No, Sonder Holdings doesn't provide an income stream by paying out dividends.

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One of the reasons eToro is our top-rated brokerage is because of its social trading community.

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Step 5: Place your SOND trade

You have two main types of orders:

  • Market order: A market order is an order to buy or sell a security at the best price on the market.
    Market orders are usually fine.
  • Limit order: A limit order lets you buy or sell a stock at a specific price (or better).
    If you want to be sure you're buying or selling at a given dollar amount limit, place a limit order.

Press the Open button and your broker will place your order.

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Step 6: Keep tabs on your SOND investment

Now that you own some SOND shares, you'll want to stay up-to-date on your new company.

Add SOND to a watchlist to track the most important metrics related to your SOND stock.

SOND Feed

How to Buy Stock in Sonder Holdings

To summarize, here are the 6 steps to buy Sonder Holdings stock:

  1. Figure out where to buy Sonder Holdings stock
  2. Open your brokerage account
  3. Deposit money your brokerage account
  4. Research Sonder Holdings stock
  5. Place your SOND trade
  6. Keep tabs on your SOND investment

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If you would like to keep tabs on your new investment in Sonder Holdings, create a watchlist today.

NASDAQ: SOND
$3.24-0.09 (-2.7%)
Updated Mar 27, 2024
Open eToro Account
NASDAQ: SOND
$3.24-0.09 (-2.7%)
Updated Mar 27, 2024
Open eToro Account

FAQ

How much does it cost to buy one Sonder Holdings share?

As of Mar 27, 2024, it costs $3.24 to buy one share of Sonder Holdings stock.

Remember, eToro's fractional share buying allows you to buy partial shares of stocks and ETFs. Even if you only have $1, you can buy 0.309 shares of SOND.

Get Started with eToro Today
eToro is a multi-asset investment platform. The value of your investments may go up or down. Your capital is at risk.

Is now a good time to buy Sonder Holdings stock?

According to 1 Wall Street analysts who monitor Sonder Holdings, their consensus recommendation is to hold Sonder Holdings stock.

What is the best way to buy Sonder Holdings stock?

One way to place an order for Sonder Holdings stock is with a brokerage account.
WallStreetZen does not provide financial advice and does not issue recommendations or offers to buy stock or sell any security.

Information is provided 'as-is' and solely for informational purposes and is not advice. WallStreetZen does not bear any responsibility for any losses or damage that may occur as a result of reliance on this data.