Goldman Sachs initiated coverage on Sonder Holdings with a new price target
$SOND
Hotels/Resorts
Consumer Discretionary
Goldman Sachs initiated coverage of Sonder Holdings with a rating of Neutral and set a new price target of $10.00
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| Date | Price Target | Rating | Analyst |
|---|---|---|---|
| 12/20/2023 | $4.00 | Buy → Neutral | Citigroup |
| 4/20/2022 | $7.00 | Buy | Citigroup |
| 3/11/2022 | $12.00 → $7.00 | Outperform | Oppenheimer |
| 3/10/2022 | $12.00 → $9.00 | Market Outperform | JMP Securities |
| 2/14/2022 | $10.00 | Neutral | Goldman Sachs |
| 2/1/2022 | $12.00 | Outperform | Oppenheimer |
| 1/24/2022 | $12.00 | Market Outperform | JMP Securities |
SAN FRANCISCO, Nov. 10, 2025 (GLOBE NEWSWIRE) -- Sonder Holdings Inc. (NASDAQ:SOND) ("Sonder" or the "Company"), which operates a global brand of premium, design-forward apartments and intimate boutique hotels serving the modern traveler, today announced that it will complete winding down operations immediately and expects to initiate a Chapter 7 liquidation of its U.S. business. The Company also intends to initiate insolvency proceedings in the international countries in which it operates. Sonder has faced severe financial constraints arising from, among other things, prolonged challenges in the integration of the Company's systems and booking arrangements with Marriott International. On
BETHESDA, Md., Nov. 9, 2025 /PRNewswire/ -- Marriott International, Inc. (NASDAQ:MAR) announced today that its licensing agreement with Sonder Holdings Inc. (NASDAQ:SOND, ", Sonder", )) was no longer in effect due to Sonder's default. With the removal of the Sonder rooms from Marriott's system, Marriott's net rooms growth for 2025 is now expected to approach 4.5 percent. There are no changes to the rest of the outlook metrics that Marriott provided on November 4, 2025. NOTE ON FORWARD-LOOKING STATEMENTSThis press release contains "forward-looking statements" within the meaning of United States federal securities laws, including statements related to our rooms growth and other financial me
BETHESDA, Md., Nov. 9, 2025 /PRNewswire/ -- Marriott International, Inc. (NASDAQ:MAR) today announced that its licensing agreement with Sonder Holdings Inc. (NASDAQ:SOND, ", Sonder", )) is no longer in effect due to Sonder's default. As a result, Sonder is no longer affiliated with Marriott Bonvoy, and Sonder properties are not available for new bookings on Marriott's channels. Marriott's immediate priority is supporting guests currently staying at Sonder properties and those with upcoming reservations. Marriott will be contacting guests who booked directly through Marriott channels, including marriott.com, the Marriott Bonvoy App and Marriott's worldwide reservation centers, to address the
Citigroup downgraded Sonder from Buy to Neutral and set a new price target of $4.00
Citigroup initiated coverage of Sonder with a rating of Buy and set a new price target of $7.00
Oppenheimer reiterated coverage of Sonder Holdings with a rating of Outperform and set a new price target of $7.00 from $12.00 previously
8-K - Sonder Holdings Inc. (0001819395) (Filer)
8-K - Sonder Holdings Inc. (0001819395) (Filer)
10-Q - Sonder Holdings Inc. (0001819395) (Filer)
3 - Sonder Holdings Inc. (0001819395) (Issuer)
3 - Sonder Holdings Inc. (0001819395) (Issuer)
3 - Sonder Holdings Inc. (0001819395) (Issuer)
4 - Sonder Holdings Inc. (0001819395) (Issuer)
SC 13D - Sonder Holdings Inc. (0001819395) (Subject)
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SC 13G - Sonder Holdings Inc. (0001819395) (Subject)
SAN FRANCISCO, Oct. 14, 2025 (GLOBE NEWSWIRE) -- Sonder Holdings Inc. (NASDAQ:SOND) ("Sonder" or the "Company"), a leading global brand of premium, design-forward apartments and intimate boutique hotels serving the modern traveler, today announced its financial results for the second quarter 2025, ended June 30, 2025, and filed the related Quarterly Report on Form 10-Q (the "Q2 2025 Form 10-Q"), which can be found on the Company's website at investors.sonder.com. Second Quarter 2025 Financial Highlights1 RevPAR was $184, a 13% increase year-over-yearOccupancy Rate was 86%, a six percentage point increase year-over-yearBookable Nights were 798,000, a 21% decrease year-over-year, driven by
SAN FRANCISCO, Aug. 25, 2025 (GLOBE NEWSWIRE) -- Sonder Holdings Inc. (NASDAQ:SOND) ("Sonder" or the "Company"), a leading global brand of premium, design-forward apartments and intimate boutique hotels serving the modern traveler, today announced its financial results for the first quarter 2025, ended March 31, 2025, and filed the related Quarterly Report on Form 10-Q (the "Q1 2025 Form 10-Q"), which can be found on the Company's website at investors.sonder.com. First Quarter 2025 Financial Highlights1 RevPAR was $139, a 13% increase year-over-yearOccupancy Rate was 83%, a seven percentage point increase year-over-yearBookable Nights were 858,000, a 2
Sonder Holdings Inc. (NASDAQ:SOND, "Sonder" or the "Company"))), a leading next-generation hospitality company that is redefining the guest experience through technology and design, today announced that it will delay the announcement of its fourth quarter and full year 2023 financial results. The Company recently identified accounting errors related to the valuation and impairment of operating lease right of use assets and related items for the fiscal years 2022 and 2023. The Company requires additional time to restate 2022 and 2023 financial statements ("Affected Financial Statements") for certain previously disclosed periods ("Non-Reliance Periods") as described in the Company's Current
Sonder Holdings Inc. (NASDAQ:SOND) ("Sonder" or the "Company") today announced that after a transformative tenure as Co-Founder and Chief Executive Officer, Francis Davidson has stepped down as Sonder's Chief Executive Officer and as a member of the Company's Board of Directors. Janice Sears, Sonder's Chairperson of the Board, has been appointed Interim Chief Executive Officer, effective immediately. Ms. Sears will continue to serve as Sonder's Board Chairperson. The Board intends to immediately initiate a search process to identify Sonder's next CEO. Mr. Davidson said, "I am incredibly proud of the brand Sonder has become since we launched the company just over a decade ago. What started
Sonder Holdings Inc. (NASDAQ:SOND) ("Sonder" or the "Company") today announced the appointment of Michael Hughes as Chief Financial Officer, effective January 22, 2025. Mr. Hughes is an experienced operations and finance leader within real estate and hospitality. He was most recently the Chief Financial Officer of Spirit Realty Capital, Inc., a real estate investment trust, where he helped lead the organization's multi-year strategic transformation and subsequent $9.3 billion sale to Realty Income Corporation. Prior to that, Mr. Hughes served in various leadership roles, including as Chief Financial Officer, at FelCor Lodging Trust Inc., a real estate investment trust focused on the upper
SAN FRANCISCO, Jan. 06, 2025 (GLOBE NEWSWIRE) -- Sonder Holdings Inc. (NASDAQ:SOND) ("Sonder" or the "Company") today announced that Erin Wallace was appointed to its Board of Directors (the "Board") on January 1, 2025. Nabeel Hyatt, who has served on the Sonder Board since 2016, resigned from the Board on December 31, 2024. Additionally, Sonder has transitioned to a structure with an independent director serving as the Board Chairperson, which is consistent with the Board's focus on enhancing corporate governance. Janice Sears, who previously served as Lead Independent Director of the Board, has been appointed as Chairperson of the Board. Ms. Wallace brings over three decades of operatio