Sono Group (SSM) AI Stock Analysis

248 Followers

Sono Group

(NASDAQ:SSM)

Select Model

Rating:37Underperform

Price Target:$0.81▼(-6.50% Downside)

Action:reiterated

Date:11/13/26

The overall score is at the lowest possible level, reflecting a company in severe financial distress. The primary drivers are an insolvent balance sheet with negative equity and deep operating losses, which are compounded by a bearish technical trend and a negative P/E ratio. While recent positive cash flow and a speculative M&A event offer a glimmer of potential, they are heavily outweighed by the immediate risk of the company's inability to continue as a going concern, as acknowledged by management.

Positive Factors

Revenue growthSharp TTM revenue growth indicates improved commercial activity and a larger operating base compared with the prior year. If maintained, that expansion could provide greater scale for overhead absorption and create a foundation for eventual margin recovery, despite current losses.

Negative Factors

Negative equityNegative stockholders’ equity signals an impaired capital base and leaves the company with limited financial flexibility. Meaningful debt relative to its size further increases balance-sheet pressure, making sustained losses or weaker operating performance harder to absorb without rebuilding equity.

Sono Group (SSM) vs. SPDR S&P 500 ETF (SPY)

Market Cap: $1.23M
Dividend Yield: ―
Average Volume (3M): 2.65M
Price to Earnings (P/E): -0.1
Beta (1Y): 1.67
Revenue Growth: ―
EPS Growth: ―
Country: US
Employees: 15
Sector: Consumer Cyclical
Sector Strength: 61
Industry: Auto - Manufacturers

Sono Group Business Overview & Revenue Model

Company Description

Sono Group N.V. provides solar-powered mobility solutions and solar integration products for the commercial vehicle and automotive industry. The company offers a range of solar integration solutions, including Solar Bus Kit and solar kits for trucks,...

How the Company Makes Money

null

Sono Group Financial Statement Overview

Summary

The financial profile is critically weak. The income statement reveals a return to significant operating losses with a TTM gross margin of -415%, overshadowing a revenue surge. The balance sheet is insolvent with negative stockholders' equity of -$1.4 million and a high debt load. The only positive is a recent turnaround to positive operating and free cash flow, but this is overshadowed by the unsustainable core business losses and fragile financial structure.

Income Statement

35Negative

Balance Sheet

10Very Negative

Cash Flow

65Positive

Financial statement breakdown
Breakdown	TTM	Mar 2026	Mar 2025	Dec 2023	Mar 2023	Mar 2022
Income Statement
Total Revenue	677.86K	149.00K	0	42.00K	229.00K	16.00K
Gross Profit	-2.82M	57.00K	0	-28.00K	-163.00K	-42.00K
EBITDA	-1.70M	―	65.04M	-26.84M	-181.68M	-60.08M
Net Income	-7.85M	4.01M	65.03M	-45.71M	-183.70M	-63.95M
Balance Sheet
Total Assets	5.01M	1.67M	3.05M	9.55M	57.47M	147.30M
Cash, Cash Equivalents and Short-Term Investments	418.11K	241.97K	1.35M	7.41M	30.84M	138.95M
Total Debt	4.46M	674.23K	24.66M	26.31M	34.87M	6.83M
Total Liabilities	6.43M	1.80M	25.73M	97.24M	100.98M	63.86M
Stockholders Equity	-1.42M	-125.68K	-22.68M	-87.69M	-43.51M	83.44M
Cash Flow
Free Cash Flow	1.40M	-6.17M	-14.77M	-15.26M	-186.82M	-48.79M
Operating Cash Flow	1.36M	-6.17M	-14.69M	-11.42M	-139.59M	-47.14M
Investing Cash Flow	-4.78M	0	1.23M	-11.32M	-47.24M	-1.65M
Financing Cash Flow	7.55M	5.17M	7.00M	6,000	83.01M	138.56M

Sono Group Technical Analysis

Technical Analysis SentimentNegative

Last Price0.86

Price Trends

50DMA1.42Negative

100DMA2.51Negative

200DMA4.18Negative

Market Momentum

MACD-0.16Negative

RSI36.37Neutral

STOCH26.48Neutral

Evaluating momentum and price trends is crucial in stock analysis to make informed investment decisions. For SSM, the sentiment is Negative. The current price of 0.86 is below the 20-day moving average (MA) of 1.04, below the 50-day MA of 1.42, and below the 200-day MA of 4.18, indicating a bearish trend. The MACD of -0.16 indicates Negative momentum. The RSI at 36.37 is Neutral, neither overbought nor oversold. The STOCH value of 26.48 is Neutral, not indicating any strong overbought or oversold conditions. Overall, these indicators collectively point to a Negative sentiment for SSM.

Sono Group Risk Analysis

Sono Group disclosed 74 risk factors in its most recent earnings report. Sono Group reported the most risks in the "Finance & Corporate" category.

Finance & Corporate - Financial and accounting risks. Risks related to the execution of corporate activity and strategy

Latest Risks Added

3 New Risks

1.Any trading in our ordinary share during the term of the Self-Administration Proceedings is highly speculative and poses substantial risks.Q4, 2022

2.The Company's visibility, credibility, stock price, and trading volume, as well as investor confidence, may further decrease as a result of the Nasdaq Hearings Panel's decision to delist the Company's securities from Nasdaq and the anticipated completion of such delisting.Q4, 2022

3.Future sales by major shareholders could materially adversely affect the market price of our ordinary shares.Q4, 2022

Sono Group Peers Comparison

Overall Rating

UnderperformOutperform

Sector (61)

Financial Indicators

SSM against its peers
Name	Overall Rating	Market Cap	P/E Ratio	ROE	Dividend Yield	Revenue Growth	EPS Growth
Sector *	61Neutral	$18.38B	12.79	-2.54%	3.03%	1.52%	-15.83%
KNDI	51Neutral	$34.52M	-0.31	-29.86%	―	―	―
XPEV	51Neutral	$9.59B	-20.13	-10.72%	―	28.99%	24.33%
RIVN	49Neutral	$19.76B	-5.72	-60.10%	―	11.05%	27.65%
SEV	45Neutral	$63.85M	-1.10	658.45%	―	―	―
PSNY	39Underperform	$805.75M	-0.24	39.95%	―	17.58%	50.60%
SSM	37Underperform	$3.92M	-0.14	703.29%	―	―	―

* Consumer Cyclical Sector Average

Performance Comparison

SSM and its peers over the selected period
Ticker	Company Name	Price	Change	% Change
SSM	Sono Group Nv	0.86	-6.03	-87.50%
KNDI	Kandi Technologies	3.30	-7.00	-67.96%
XPEV	XPeng, Inc. ADR	9.46	-15.55	-62.18%
PSNY	Polestar Automotive Holding Uk Plc Adr	4.26	-11.46	-72.90%
RIVN	Rivian Automotive, Inc.	12.80	-2.31	-15.29%
SEV	Aptera Motors Corp. Class B	1.52	-5.08	-76.97%

Sono Group Corporate Events

Financial DisclosuresM&A TransactionsRegulatory Filings and ComplianceShareholder Meetings

Sono Reports Improved Third-Quarter 2026 Financial Results

Negative

Nov 10, 2026

On November 10, 2026, Sono reported third-quarter 2026 net income of $0.6 million, versus a $1.4 million loss in the year-earlier quarter, in its first full quarter after the May 4 sale of its legacy solar business. Digital-asset treasury income was...

Business Operations and StrategyM&A TransactionsPrivate Placements and Financing

Sono Group Plans Sports-Focused Business Combination Vehicle

Positive

Aug 31, 2026

On August 31, 2026, Sono Group N.V. entered into a share purchase agreement with private investors for 283,500 ordinary shares, representing 19.9% of its outstanding stock, at the prior day’s Nasdaq closing bid, with proceeds earmarked for working ca...

Glossary

BuyA stock rated as a "Buy" is expected to perform better than the overall market or a specific benchmark over the near-to-medium term. This rating suggests the stock is likely to deliver higher returns compared to other stocks in the same sector or market index. Note: This is not investment advice; please consult a financial advisor before making investment decisions.

HoldA stock rated as a "Hold" is expected to perform in line with the overall market or a specific benchmark. This rating indicates that the stock is neither particularly compelling nor unfavorable for investment. Note: This is not investment advice; please consult a financial advisor before making investment decisions.

SellA stock rated as a "Sell" is expected to perform worse than the overall market or a specific benchmark over the near-to-medium term. This rating suggests the stock may deliver lower returns compared to other stocks in the same sector or market index. Note: This is not investment advice; please consult a financial advisor before making investment decisions.

Disclaimer

This AI Analyst Stock Report is automatically generated by our AI systems using advanced algorithms and publicly available financial, technical, and market data. While the information provided aims to be accurate and insightful, it is intended for informational purposes only and should not be considered financial advice. Any content created by an AI (Artificial Intelligence) system may contain inaccuracies and/or contain errors. Investing in stocks carries inherent risks, and past performance is not indicative of future results. This report does not account for your personal financial circumstances, objectives, or risk tolerance. Always conduct your own research or consult with a qualified financial advisor before making investment decisions. The analysis and recommendations provided are based on historical and current data and may not fully reflect future market conditions or unexpected developments. Neither the creators of this report nor its affiliated entities guarantee the accuracy, completeness, or reliability of the information presented. Use this report at your own discretion and risk.

Date of analysis: Nov 13, 2026

Sono Group AI Stock Analysis