In the latest trading session, 10.65 million Sonder Holdings Inc (NASDAQ:SOND) shares changed hands as the company’s beta touched 1.35. With the company’s most recent per share price at $3.95 changing hands around $1.33 or 50.95% at last look, the market valuation stands at $43.74M. SOND’s current price is a discount, trading about -173.42% off its 52-week high of $10.80. The share price had its 52-week low at $0.88, which suggests the last value was 77.72% up since then. When we look at Sonder Holdings Inc’s average trading volume, we note the 10-day average is 0.31 million shares, with the 3-month average coming to 86.25K.

Analysts gave the Sonder Holdings Inc (SOND) stock a consensus recommendation rating of Buy, calculated at a mean rating of 3.00. If we narrow down to specifics, the data shows that 1 out of 4 analysts rate the stock as a Sell, with a further 0 assigning it an Overweight rating. Of the remaining, 0 recommended SOND as a Hold, 3 felt it is a Buy and 0 rated the stock as Underweight. Sonder Holdings Inc’s EPS for the current quarter is expected to be 0.

Sonder Holdings Inc (NASDAQ:SOND) trade information

Instantly SOND is in green as seen in intraday trades today. With action 169.05%, the performance over the past five days has been green. The company’s shares are showing year-to-date upside of 16.67%, with the 5-day performance at 169.05% in the green. However, in the 30-day time frame, Sonder Holdings Inc (NASDAQ:SOND) is 21.32% up. Looking at the short shares, we see there were 0.96 million shares sold at short interest cover period of 19.01 days.

The consensus price target for the stock as assigned by Wall Street analysts is 3.38, meaning bulls need a downside of -16.86% from its recent market value. According to analyst projections, SOND’s forecast low is 2.75 with 4 as the target high. To hit the forecast high, the stock’s price needs a -1.27% plunge from its current level, while the stock would need to tank 30.38% for it to hit the projected low.

Sonder Holdings Inc (SOND) estimates and forecasts

Year-over-year growth is forecast to reach 32.10% up from the last financial year.

Consensus estimates given by 1 financial analysts project the company’s revenue in the current quarter to hit an average of 170M. 1 analysts are of the opinion that Sonder Holdings Inc’s revenue for the current quarter will be 160M. The company’s revenue for the corresponding quarters a year ago was 134.77M and 120.74M respectively. According to analysts, the company will likely register a growth in its current quarter sales, forecast at 26.10%. The estimates for the next quarter sales put growth at 32.50%.

SOND Dividends

Sonder Holdings Inc is expected to release its next quarterly earnings report on 2023-Nov-13.

Sonder Holdings Inc (NASDAQ:SOND)’s Major holders

If we look at who the major shareholders are, we find that insiders hold 2.58% of Sonder Holdings Inc shares while 39.71% of the shares are in the hands of institutional holders. The share float percentage for the stock currently stands at 40.76%. There are 39.71% institutions holding the Sonder Holdings Inc stock share, with GREYLOCK 15 GP LLC the top institutional holder. As of 2024-03-31, the company held 3.5062% of the shares, roughly 0.38 million SOND shares worth $1.14 million.

BBR PARTNERS, LLC holds the second largest percentage of outstanding shares, with 0.4562% or 50000.0 shares worth $0.15 million as of 2024-03-31.

Among Mutual Funds, the top two as of Mar 31, 2024 were Vanguard Total Stock Market Index Fund and Vanguard Extended Market Index Fund. With 304.15 shares estimated at $1.2 million under it, the former controlled 2.75% of total outstanding shares. On the other hand, Vanguard Extended Market Index Fund held about 1.14% of the shares, roughly 126.41 shares worth around $0.5 million.