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Socket Mobile (SCKT)
NASDAQ:SCKT
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Socket Mobile (SCKT) Price & Analysis

347 Followers

SCKT Stock Chart & Stats

$0.66
<$0.01(1.85%)
At close: 4:00 PM EDT
$0.66
<$0.01(1.85%)

Bulls Say, Bears Say

Bulls Say
Resilient Gross MarginA gross margin near 49% indicates the hardware and software ecosystem retains useful product economics. If demand recovers, this margin profile could provide operating leverage, although current volumes are insufficient to cover the company’s cost base.
Industrial Scanning ExpansionExpansion into industrial and enterprise scanning could diversify Socket Mobile beyond weaker retail demand. Direct-to-enterprise deployments and expected second-half growth may create a more durable revenue channel with less dependence on retail purchasing cycles.
Established Ecosystem PositionMaintaining preferred supplier status with Shopify preserves an important distribution and application ecosystem relationship. Continued compatibility with mobile platforms and third-party applications can support product adoption when partners deploy point-of-sale and workflow solutions.
Bears Say
Contracting RevenuePersistent revenue contraction signals weaker demand in the core retail scanning business and exposes the company to partner-led sales cycles. Lower volume also reduces manufacturing utilization, which can pressure margins and delay the return to sustainable profitability.
Leverage And Liquidity RiskRising leverage alongside ongoing cash burn reduces financial flexibility and increases dependence on external funding. With only $1.6 million of cash, Socket may need its bank line or additional financing if revenue recovery and cost reductions do not offset losses.
Nasdaq Equity ComplianceThe Nasdaq deficiency reflects erosion of the capital base and creates an ongoing requirement to restore equity compliance. Even without immediate delisting, remediation may require financing or other balance-sheet actions that could increase dilution or financial strain.

Socket Mobile News

SCKT FAQ

What was Socket Mobile’s price range in the past 12 months?
Socket Mobile lowest stock price was $0.38 and its highest was $2.79 in the past 12 months.
    What is Socket Mobile’s market cap?
    Socket Mobile’s market cap is $5.05M.
      When is Socket Mobile’s upcoming earnings report date?
      Socket Mobile’s upcoming earnings report date is Oct 22, 2026 which is in 48 days.
        How were Socket Mobile’s earnings last quarter?
        Socket Mobile released its earnings results on Jul 30, 2026. The company reported -$0.163 earnings per share for the quarter.
          Is Socket Mobile overvalued?
          According to Wall Street analysts Socket Mobile’s price is currently Overvalued. Get more investment ideas with TipRanks Premium
            Does Socket Mobile pay dividends?
            Socket Mobile does not currently pay dividends.
            What is Socket Mobile’s EPS estimate?
            Socket Mobile’s EPS estimate for its next earnings report is not yet available.
            How many shares outstanding does Socket Mobile have?
            Socket Mobile has 8,291,681 shares outstanding.
              What happened to Socket Mobile’s price movement after its last earnings report?
              Socket Mobile reported an EPS of -$0.163 in its last earnings report. Following the earnings report the stock price went down -9.663%.
                Which hedge fund is a major shareholder of Socket Mobile?
                Currently, no hedge funds are holding shares in SCKT
                What is the TipRanks Smart Score and how is it calculated?
                Smart Score combines eight research factors - such as analyst recommendations, hedge fund trends, and technical indicators - to measure a stock’s outlook. These signals are unified into a single score that reflects bullish or bearish momentum. See detailed methodology

                  Company Description

                  Socket Mobile

                  Socket Mobile, Inc. provides data capture and delivery solutions in the United States, Europe, Asia, and internationally. Its products and solutions are integrated into mobile applications for applications in the areas of point of sale, commercial services, asset tracking, manufacturing and quality control processes, transportation and logistics, event management, medical, and education. The company also offers cordless data capture devices that connect through Bluetooth and work with applications running on smartphones, mobile computers, and tablets; DuraScan 600 series NFC and RFID readers, 700 series companion scanners, 800 series attachable scanners, and the wearable 900 series products; and SocketScan solutions for seamless integration into various business applications, including the 300 series countertop readers, the 500 series NFC mobile wallet readers, the 700 series companion scanners, and the 800 series attachable scanners. In addition, it provides DuraSled, a protective barcode sled scanner; SocketCam C820 and C860, which are camera-based barcode scanners; and software developer kits, such as CaptureSDK that enables the App providers to modify captured data, control the placement of the barcoded or RFID data in their applications, and control the feedback to the user. Further, the company offers XtremeScan case, XtremeScan, and XtremeScan grip for the iphone. It serves retail, commercial services, industrial and manufacturing, transportation and logistics, and healthcare industries through a network of distributors, online resellers, and application providers, as well as online stores. The company was formerly known as Socket Communications, Inc. and changed its name to Socket Mobile, Inc. in April 2008. Socket Mobile, Inc. was founded in 1992 and is headquartered in Fremont, California.

                  Socket Mobile (SCKT) Earnings & Revenues

                  SCKT Earnings Call

                  Q2 2026
                  0:00 / 0:00
                  Earnings Call Sentiment|Negative
                  The call presented significant near-term financial deterioration — including a double-digit revenue decline, compressed gross margins, deeper operating losses, and a widening adjusted EBITDA loss — tempered by decisive management actions: cost reductions, AI-driven efficiency initiatives, product simplification, progress in a higher-potential industrial scanning channel (≈10% of Q2 revenue), maintained partner relationships (Shopify), and no auditor going-concern qualification. Liquidity remains tight (cash $1.6M) and the company may need to rely on its bank line or financing if revenue does not recover. Overall, operational fixes and a strategic pivot are underway, but they have not yet offset the sizeable financial headwinds reported this quarter.View all SCKT earnings summaries
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                  Ownership Overview

                  30.73%1.04%1.31%66.37%
                  30.73% Insiders
                  1.31% Other Institutional Investors
                  66.37% Public Companies and
                  Individual Investors
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