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NYSE: SONX
Sonendo Inc Stock Forecast, Predictions & Price Target

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Analyst price target for SONX

Based on 3 analysts offering 12 month price targets for Sonendo Inc.
Min Forecast
$3.00+28.21%
Avg Forecast
$4.78+104.4%
Max Forecast
$6.35+171.37%

Should I buy or sell SONX stock?

Based on 3 analysts offering ratings for Sonendo Inc.
Strong Buy
Strong Buy
2 analysts 66.67%
Buy
0 analysts 0%
Hold
1 analysts 33.33%
Sell
0 analysts 0%
Strong Sell
0 analysts 0%

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SONX stock forecasts by analyst

Analyst / FirmRatingActionPrice TargetUpside/DownsideDateAnalyst Color
Morgan Stanley
Top 4%
97
HoldMaintains$6.35+164.58%2022-11-10
Stifel Nicolaus
Bottom 11%
11
Strong BuyMaintains$3.00+25.00%2022-10-04
Piper Sandler
Bottom 22%
22
Strong BuyMaintains$5.00+108.33%2022-08-11
Anonymous
Goldman Sachs
Strong BuyMaintains$10.00+316.67%2022-03-24

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Forecast return on equity

Is SONX forecast to generate an efficient return?
Company
-8.81%
Industry
18.15%
Market
64.75%
SONX's Return on Equity is... subscribe to Premium to read more.
Forecast High Return on Equity Forecast

Forecast return on assets

Is SONX forecast to generate an efficient return on assets?
Company
-5.57%
Industry
12.84%
SONX is forecast to generate... subscribe to Premium to read more.
Forecast Return on Assets vs Industry Forecast

SONX earnings per share forecast

What is SONX's earnings per share in the next 3 years based on estimates from 4 analysts?
Avg 1 year Forecast
-$2.22-112.07%
Avg 2 year Forecast
-$1.38-107.5%
Avg 3 year Forecast
-$0.72-103.92%

SONX revenue forecast

What is SONX's revenue in the next 3 years based on estimates from 2 analysts?
Avg 1 year Forecast
$41.4M+5.32%
Avg 2 year Forecast
$56.6M+43.85%
Avg 3 year Forecast
$85.8M+118.2%
SONX's revenue is forecast to... subscribe to Premium to read more.
Forecast High Revenue Growth Forecast

SONX revenue growth forecast

How is SONX forecast to perform vs Medical Devices companies and vs the US market?
Company
29.7%
Industry
4.58%
Market
6.76%
SONX's revenues are forecast to... subscribe to Premium to read more.
Forecast Revenue Growth vs Industry Forecast
SONX's revenues are forecast to... subscribe to Premium to read more.
Forecast Revenue Growth vs Market Forecast

SONX vs Medical Device Stocks

TickerPricePrice TargetUp/downsideConsensus
SONX$2.40$4.78+99.29%Strong Buy
AKLI$1.62$3.25+100.62%Buy
SRTS$6.65$16.25+144.36%Strong Buy
FONR$18.75N/AN/A
PROF$4.95$14.00+182.83%Strong Buy

Sonendo Stock Forecast FAQ

Is Sonendo Stock a good buy in 2022, according to Wall Street analysts?

The consensus among 3 Wall Street analysts covering (NYSE: SONX) stock is to Strong Buy SONX stock.

Out of 3 analysts, 2 (66.67%) are recommending SONX as a Strong Buy, 0 (0%) are recommending SONX as a Buy, 1 (33.33%) are recommending SONX as a Hold, 0 (0%) are recommending SONX as a Sell, and 0 (0%) are recommending SONX as a Strong Sell.

If you're new to stock investing, here's how to buy Sonendo stock.

What is SONX's earnings growth forecast for 2022-2024?

(NYSE: SONX) Sonendo's forecast annual earnings growth rate of N/A is not forecast to beat the US Medical Devices industry's average forecast earnings growth rate of 24.28%, and while it is not forecast to beat the US market's average forecast earnings growth rate of 16.96%.

Sonendo's earnings in 2022 is -$59,909,000.On average, 4 Wall Street analysts forecast SONX's earnings for 2022 to be -$110,459,799, with the lowest SONX earnings forecast at -$114,440,332, and the highest SONX earnings forecast at -$106,976,832. On average, 4 Wall Street analysts forecast SONX's earnings for 2023 to be -$68,664,199, with the lowest SONX earnings forecast at -$73,639,866, and the highest SONX earnings forecast at -$65,181,232.

In 2024, SONX is forecast to generate -$35,824,800 in earnings, with the lowest earnings forecast at -$39,805,333 and the highest earnings forecast at -$32,341,833.

What is SONX's revenue growth forecast for 2022-2024?

(NYSE: SONX) Sonendo's forecast annual revenue growth rate of 29.7% is forecast to beat the US Medical Devices industry's average forecast revenue growth rate of 4.58%, and and it is also forecast to beat the US market's average forecast revenue growth rate of 6.76%.

Sonendo's revenue in 2022 is $39,317,000.On average, 2 Wall Street analysts forecast SONX's revenue for 2022 to be $2,060,423,539, with the lowest SONX revenue forecast at $2,049,974,639, and the highest SONX revenue forecast at $2,070,872,439. On average, 3 Wall Street analysts forecast SONX's revenue for 2023 to be $2,814,137,516, with the lowest SONX revenue forecast at $2,659,991,364, and the highest SONX revenue forecast at $2,966,293,400.

In 2024, SONX is forecast to generate $4,268,574,619 in revenue, with the lowest revenue forecast at $3,921,820,414 and the highest revenue forecast at $4,455,560,170.

What is SONX's forecast return on assets (ROA) for 2022-2025?

(NYSE: SONX) forecast ROA is -5.57%, which is lower than the forecast US Medical Devices industry average of 12.84%.

What is SONX's Price Target?

According to 3 Wall Street analysts that have issued a 1 year SONX price target, the average SONX price target is $4.78, with the highest SONX stock price forecast at $6.35 and the lowest SONX stock price forecast at $3.00.

On average, Wall Street analysts predict that Sonendo's share price could reach $4.78 by Nov 10, 2023. The average Sonendo stock price prediction forecasts a potential upside of 99.29% from the current SONX share price of $2.40.

What is SONX's Earnings Per Share (EPS) forecast for 2022-2024?

(NYSE: SONX) Sonendo's current Earnings Per Share (EPS) is $18.39. On average, analysts forecast that SONX's EPS will be -$2.22 for 2022, with the lowest EPS forecast at -$2.30, and the highest EPS forecast at -$2.15. On average, analysts forecast that SONX's EPS will be -$1.38 for 2023, with the lowest EPS forecast at -$1.48, and the highest EPS forecast at -$1.31. In 2024, SONX's EPS is forecast to hit -$0.72 (min: -$0.80, max: -$0.65).

What is SONX's forecast return on equity (ROE) for 2022-2025?

(NYSE: SONX) forecast ROE is -8.81%, which is considered weak.
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