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Sono Group
(NASDAQ:SSM)
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Rating:43Neutral
Price Target:
$3.00
▲(13.64% Upside)
Action:Reiterated
Date:09/06/26
The score is primarily held down by very weak financial performance—extreme operating losses, negative equity, and rising debt—despite a recent improvement to positive TTM operating/free cash flow. Technicals indicate only tentative stabilization within a broader downtrend, while valuation offers limited support given loss-making results and no dividend. Corporate events add some upside optionality via funding and a potential strategic transaction, but outcomes remain uncertain.
Positive Factors
TTM cash flow improvement
Positive TTM operating and free cash flow provides evidence of recent cash generation despite the company’s weak earnings profile. If maintained, this improvement could support ongoing operations and reduce reliance on external funding, although the trend has not yet been established as consistent.
Negative Factors
Severe operating losses
Extremely negative operating and net margins show that the current business is not generating sustainable earnings from its small and declining revenue base. Such weak profitability limits internally funded growth, makes cash generation vulnerable to volatility, and leaves any turnaround dependent on substantial operating improvement.
Read all positive and negative factors
Positive Factors
Negative Factors
TTM cash flow improvement
Positive TTM operating and free cash flow provides evidence of recent cash generation despite the company’s weak earnings profile. If maintained, this improvement could support ongoing operations and reduce reliance on external funding, although the trend has not yet been established as consistent.
Read all positive factors
Sono Group (SSM) vs. SPDR S&P 500 ETF (SPY)
Market Cap
$8.40M
Dividend YieldN/A
Average Volume (3M)1.56M
Price to Earnings (P/E)―
Beta (1Y)1.74
Revenue GrowthN/A
EPS GrowthN/A
CountryUS
Employees15
SectorConsumer Cyclical
Sector Strength84
IndustryAuto - Manufacturers
Share Statistics
EPS (TTM)-5.36
Shares Outstanding1,708,334
10 Day Avg. Volume4,416,178
30 Day Avg. Volume1,560,857
Financial Highlights & Ratios
PEG Ratio-0.02
Price to Book (P/B)-69.06
Price to Sales (P/S)58.25
P/FCF Ratio-1.41
Enterprise Value/Market Cap<0.01
Enterprise Value/Revenue<0.01
Enterprise Value/Gross Profit<0.01
Enterprise Value/Ebitda>-0.01
Forecast
1Y Price TargetN/A
Price Target UpsideN/A
Rating ConsensusN/A
Number of Analyst Covering0
EPS Forecast (FY)-45.75
Revenue Forecast (FY)$2.26B
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 truc...
How the Company Makes Money
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Sono Group Financial Statement Overview
Summary
Income Statement
12
Very Negative
Balance Sheet
9
Very Negative
Cash Flow
28
Negative
| Breakdown | TTM | Mar 2026 | Mar 2025 | Dec 2023 | Mar 2023 | Mar 2022 |
|---|---|---|---|---|---|---|
Income Statement | ||||||
| Total Revenue | 263.83K | 149.00K | 0.00 | 42.00K | 229.00K | 16.00K |
| Gross Profit | 85.47K | 57.00K | 0.00 | -28.00K | -163.00K | -42.00K |
| EBITDA | -6.10M | -7.67M | 65.04M | -26.84M | -181.70M | -60.08M |
| Net Income | -8.86M | 4.01M | 65.03M | -45.71M | -183.70M | -63.95M |
Balance Sheet | ||||||
| Total Assets | 4.35M | 1.67M | 3.05M | 9.55M | 57.47M | 147.30M |
| Cash, Cash Equivalents and Short-Term Investments | 145.13K | 241.97K | 1.35M | 7.41M | 30.84M | 138.95M |
| Total Debt | 4.97M | 674.23K | 24.66M | 26.31M | 34.87M | 6.83M |
| Total Liabilities | 6.79M | 1.80M | 25.73M | 97.24M | 100.98M | 63.86M |
| Stockholders Equity | -2.44M | -125.68K | -22.68M | -87.69M | -43.51M | 83.44M |
Cash Flow | ||||||
| Free Cash Flow | 461.54K | -6.17M | -14.77M | -15.26M | -186.82M | -48.79M |
| Operating Cash Flow | 474.43K | -6.17M | -14.69M | -11.42M | -139.59M | -47.14M |
| Investing Cash Flow | -4.98M | 0.00 | 1.23M | -11.32M | -47.24M | -1.65M |
| Financing Cash Flow | 9.64M | 5.17M | 7.00M | 6.00K | 83.01M | 138.56M |
Sono Group Technical Analysis
Negative
2.64
Price Trends
3.57
Negative
4.15
Negative
5.50
Negative
Market Momentum
0.04
Negative
47.62
Neutral
43.39
Neutral
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 2.64 is below the 20-day moving average (MA) of 2.96, below the 50-day MA of 3.57, and below the 200-day MA of 5.50, indicating a neutral trend. The MACD of 0.04 indicates Negative momentum. The RSI at 47.62 is Neutral, neither overbought nor oversold. The STOCH value of 43.39 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.
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
2.
Any trading in our ordinary share during the term of the Self-Administration Proceedings is highly speculative and poses substantial risks. Q4, 2022
3.
Following the anticipated delisting of our shares from Nasdaq, as determined by the Panel in its delist decision from December 11, 2023, we may not be able to meet the initial listing requirements for admission of our shares to trading on a stock exchange in the future and pay for the costs associated with an initial listing and therefore may not be able to have our shares admitted to trading on a stock exchange in the future. Q4, 2022
Sono Group Peers Comparison
UnderperformOutperform
Sector (61)
Name | Overall Rating | Market Cap | P/E Ratio | ROE | Dividend Yield | Revenue Growth | EPS Growth |
|---|---|---|---|---|---|---|---|
61 Neutral | $18.38B | 12.79 | -2.54% | 3.03% | 1.52% | -15.83% | |
52 Neutral | $22.79B | -6.10 | -67.49% | ― | 14.21% | 20.20% | |
50 Neutral | $62.32M | -0.54 | -30.09% | ― | ― | ― | |
50 Neutral | $10.59B | -23.03 | -10.72% | ― | 28.99% | 24.33% | |
48 Neutral | $93.25M | -1.68 | 658.45% | ― | ― | ― | |
43 Neutral | $8.40M | -0.50 | 9999.00% | ― | ― | ― | |
43 Neutral | $1.52B | -0.41 | 45.67% | ― | 17.58% | 50.60% |
* Consumer Cyclical Sector Average
SSM
Sono Group
3.10
-7.94
-71.92%
KNDI
Kandi Technologies
0.62
-0.77
-55.40%
XPEV
XPeng, Inc. ADR
10.95
-9.63
-46.79%
PSNY
Polestar Automotive Holding UK
9.21
-21.69
-70.19%
RIVN
Rivian Automotive
15.74
1.75
12.51%
SEV
Aptera Motors Corp. Class B
2.30
-3.54
-60.62%
Sono Group Corporate Events
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 w...
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.