Stock Price Prediction

SCKT stock shows bullish potential due to insider confidence, as Director Charlie Bass recently purchased shares at $1.20 and $1.33, signaling optimism about the company's prospects. Additionally, the recent $1M convertible note financing strengthens its working capital, supporting operational stability and potential growth. With the stock closing at $1.4501 on January 31, 2025, a short-term target of $1.60 could be achievable if positive momentum continues.

SCKT stock currently trades around $1.20-$1.33, reflecting bearish sentiment due to wider-than-expected losses and weak financial performance. Despite insider buying, the company's reliance on convertible note financing and limited growth prospects weigh heavily on its valuation. The bearish view anticipates further downside unless significant operational improvements materialize.