Should You Buy Sonim Technologies Inc (SONM) Today? Analysis, Price Targets, and 2026 Outlook.
Analysis Updated At
2026/01/26
Sonim Technologies Inc (SONM) is not a strong buy for a beginner, long-term investor at this time. While the company has shown improvements in revenue and net income, the financials remain weak with negative EPS and declining gross margins. Insider selling has significantly increased, and there are no positive trading signals or news catalysts to support a buy decision. The technical indicators suggest a neutral to slightly bullish trend, but the lack of strong upward momentum and the absence of significant positive catalysts make this stock a hold for now.
Technical Analysis
The MACD is positive and expanding, indicating a potential bullish trend. However, the RSI is in the neutral zone at 79.593, and moving averages are converging, which does not provide a clear signal. The stock is trading near its resistance level (R2: 6.504), which may limit further upside in the short term.