Sonim Technologies (NASDAQ:SONM) Stock Price Down 5% – Here’s What Happened

Posted by Scott Moore on Feb 14th, 2026

Sonim Technologies, Inc. (NASDAQ:SONM – Get Free Report) was down 5% on Friday . The stock traded as low as $5.60 and last traded at $5.67. Approximately 14,121 shares changed hands during mid-day trading, a decline of 76% from the average daily volume of 58,602 shares. The stock had previously closed at $5.97.

Wall Street Analysts Forecast Growth

Separately, Weiss Ratings reissued a “sell (e+)” rating on shares of Sonim Technologies in a report on Thursday, January 22nd. One analyst has rated the stock with a Sell rating, According to data from MarketBeat.com, Sonim Technologies currently has a consensus rating of “Sell”.

Get Our Latest Analysis on Sonim Technologies

Sonim Technologies Trading Down 5.0%

The stock has a market capitalization of $5.84 million, a P/E ratio of -0.42 and a beta of 1.64. The company’s fifty day simple moving average is $4.96 and its 200 day simple moving average is $8.71.

Hedge Funds Weigh In On Sonim Technologies

A hedge fund recently bought a new stake in Sonim Technologies stock. XTX Topco Ltd purchased a new stake in shares of Sonim Technologies, Inc. (NASDAQ:SONM – Free Report) in the second quarter, according to the company in its most recent filing with the SEC. The firm purchased 24,614 shares of the company’s stock, valued at approximately $30,000. XTX Topco Ltd owned about 0.14% of Sonim Technologies at the end of the most recent quarter. 3.26% of the stock is owned by institutional investors.

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.