Oppenheimer initiated coverage on Sonder with a new price target
$SOND
Hotels/Resorts
Consumer Discretionary
Oppenheimer initiated coverage of Sonder with a rating of Outperform and set a new price target of $12.00
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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 |
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
4 - Sonder Holdings Inc. (0001819395) (Issuer)
4 - Sonder Holdings Inc. (0001819395) (Issuer)
4 - Sonder Holdings Inc. (0001819395) (Issuer)
SC 13G - Sonder Holdings Inc. (0001819395) (Subject)
SC 13G - Sonder Holdings Inc. (0001819395) (Subject)
SC 13G/A - Sonder Holdings Inc. (0001819395) (Subject)
4 - Sonder Holdings Inc. (0001819395) (Issuer)
8-K - Sonder Holdings Inc. (0001819395) (Filer)
S-8 - Sonder Holdings Inc. (0001819395) (Filer)
NT 10-Q - Sonder Holdings Inc. (0001819395) (Filer)
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
SAN FRANCISCO, Nov. 14, 2023 (GLOBE NEWSWIRE) -- Sonder Holdings Inc. (NASDAQ:SOND), a leading next-generation hospitality company that is redefining the guest experience through technology and design, today announced third quarter 2023 financial results. A Shareholder Letter containing the results can be found on the Company's website at investors.sonder.com. Management will host a webcast at 2:00 p.m. Pacific Time / 5:00 p.m. Eastern Time to discuss the Company's financial and business results and outlook. What: Sonder Holdings Inc. Third Quarter 2023 CallWhen: Tuesday, November 14, 2023Time: 2:00 p.m. Pacific Time / 5:00 p.m. Eastern TimeShareholder Letter: investors.sonder.com Webcas
SAN FRANCISCO, Nov. 09, 2023 (GLOBE NEWSWIRE) -- Sonder Holdings Inc. (NASDAQ:SOND), a leading next-generation hospitality company that is redefining the guest experience through technology and design, today announced that it will report third quarter 2023 financial results on Tuesday, November 14, 2023. Sonder will share a brief advisory containing a link to the third quarter 2023 Shareholder Letter, available on the Company's website. Management will host a conference call and webcast at 2:00 p.m. Pacific Time / 5:00 p.m. Eastern Time, following the release of its earnings materials, to discuss the Company's financial and business results and outlook. What: Sonder Holdings Inc. Third
Preferred Equity Transaction and Previously Announced Actions Will Enhance Liquidity Profile by ~$146 Million to Support Long-Term Profitable Growth Dominique Bourgault and Katie Potter to Step Down from Respective Positions; Search Process Underway to Identify Successors Current on All Financial Reporting Following 2022 and 2023 Restatement; Regains Full Nasdaq Compliance SAN FRANCISCO, Nov. 08, 2024 (GLOBE NEWSWIRE) -- Sonder Holdings Inc. (NASDAQ:SOND), a leading global brand of premium, design-forward apartment-style accommodations serving the modern traveler, today announced that the Company has met all required closing conditions and is actively in the process of completing
SAN FRANCISCO, Oct. 07, 2024 (GLOBE NEWSWIRE) -- Sonder Holdings Inc. (NASDAQ:SOND, "Sonder" or the "Company"))) today announced that it has received a letter from the staff of the Listing Qualifications Department (the "Staff") of The Nasdaq Stock Market LLC ("Nasdaq") notifying the Company that since it remains delinquent in filing its Forms 10-Q for the periods ended March 31 and June 30, 2024 (the "Forms 10-Q"), respectively (the "Delinquent Filings"), the Staff has determined that the Company is non-compliant with Nasdaq Listing Rule 5250(c)(1). Previously, the Staff granted the Company an exception until September 30, 2024, to file all delinquent periodic reports. Additionally, the C
SAN FRANCISCO, Oct. 01, 2024 (GLOBE NEWSWIRE) -- Sonder Holdings Inc. (NASDAQ:SOND), a leading global brand of premium, design-forward apartments and intimate boutique hotels serving the modern traveler, today announced that holders of approximately 57% of Sonder's outstanding shares of common stock voted to approve all proposals at a Special Meeting of Shareholders held on September 30, 2024. As previously announced on August 19, 2024, a consortium of investors committed to purchase approximately $43 million of a newly designated series of convertible preferred equity (the "Preferred Equity") of Sonder. $14.7 million of the $43 million Preferred Equity was purchased on or about August 13
Gainers Kaixin Hldgs (NASDAQ:KXIN) stock moved upwards by 27.5% to $0.18 during Tuesday's regular session. The market value of their outstanding shares is at $10.5 million. E-Home Household Service (NASDAQ:EJH) stock rose 26.01% to $0.56. The company's market cap stands at $9.9 million. Sonder Holdings (NASDAQ:SOND) shares moved upwards by 24.36% to $3.9. The company's market cap stands at $43.2 million. Selina Hospitality (NASDAQ:SLNA) shares moved upwards by 17.62% to $0.08. The company's market cap stands at $40.9 million. Lixiang Education Hldg (NASDAQ:LXEH) stock rose 15.5% to $0.36. The market value of their outstanding shares is at $4.2 million. Allied Gaming (NASDAQ:AGAE) stock
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 has entered into an amendment to its existing note and warrant purchase agreement (the "Financing") with a syndicate of investors, which provides for, among other things, additional commitments with an aggregate principal amount of $10 million, which will improve the Company's unrestricted liquidity. Update on Portfolio Optimization Program As announced in November 2023, Sonder implemented a portfolio optimization program to mitigate losses related to select underperforming properties a
Sonder Holdings Inc. (NASDAQ:SOND), a leading next-generation hospitality company that is redefining the guest experience through technology and design, today announced the appointment of Tom Buoy as Executive Vice President and Chief Commercial Officer, effective December 11, 2023. Buoy has resigned from Sonder's Board of Directors and transitioned into this newly created position in the company's leadership team. As Executive Vice President and Chief Commercial Officer, Buoy will be responsible for all aspects of revenue generation and strategy, including revenue management, marketing, sales, and distribution. Buoy has over 30 years of experience in the hospitality sector. He was prev
Sonder Holdings Inc. (NASDAQ:SOND), a leading next-generation hospitality company that is redefining the guest experience through technology and design, announced today the appointment of Adam K. Bowen as Chief Accounting Officer, effective October 9, 2023. Bowen has over 18 years of experience, most recently serving as Vice President & Chief Accounting Officer for BlueLinx Holdings Inc., where he was responsible for the company's record to report functions including consolidations and financial reporting, SEC reporting, corporate tax, financial systems, internal controls, and enterprise risk management. Bowen has also served at companies including Abbott Laboratories, KPMG LLP, and South
Sonder Holdings Inc. (NASDAQ:SOND), a leading next-generation hospitality company that is redefining the guest experience through technology and design, announced today changes to the company's Board of Directors, including the appointments of Tom Buoy and Simon Turner, effective October 1, 2023. Buoy has over 30 years of experience in the hospitality sector, and is currently President and Chief Executive Officer of his own commercial consulting and advisory business, Revenue Buoy, LLC, specializing in marketing, sales, revenue management, distribution, customer relationship management, commercial strategy, and product design and development. Buoy was previously Interim Chief Executive Of