Sonendo Inc (NYSE:SONX) Expected to Earn Q3 2021 Earnings of ($0.68) Per Share

Sonendo Inc (NYSE:SONX) – Analysts at Piper Sandler issued their Q3 2021 earnings per share (EPS) estimates for shares of Sonendo in a research note issued to investors on Tuesday, November 23rd. Piper Sandler analyst J. Bednar expects that the company will earn ($0.68) per share for the quarter. Piper Sandler has a “Overweight” rating and a $17.00 price objective on the stock. Piper Sandler also issued estimates for Sonendo’s Q4 2021 earnings at ($0.49) EPS, FY2021 earnings at ($2.24) EPS, Q1 2022 earnings at ($0.52) EPS, Q2 2022 earnings at ($0.52) EPS, Q3 2022 earnings at ($0.52) EPS, Q4 2022 earnings at ($0.48) EPS, FY2022 earnings at ($2.04) EPS, Q1 2023 earnings at ($0.41) EPS, Q2 2023 earnings at ($0.40) EPS, Q3 2023 earnings at ($0.36) EPS, FY2023 earnings at ($1.50) EPS, FY2024 earnings at ($0.85) EPS and FY2025 earnings at ($0.29) EPS.

Several other research firms also recently weighed in on SONX. The Goldman Sachs Group began coverage on Sonendo in a report on Tuesday. They issued a “buy” rating and a $30.00 price objective for the company. Stifel Nicolaus initiated coverage on Sonendo in a report on Tuesday. They set a “buy” rating and a $16.00 target price for the company. Finally, Bank of America assumed coverage on Sonendo in a research report on Tuesday. They set a “buy” rating and a $15.00 price target on the stock.

Shares of NYSE:SONX opened at $11.56 on Thursday. Sonendo has a 12 month low of $8.53 and a 12 month high of $11.57.

About Sonendo

Sonendo Inc is a commercial-stage medical technology company focused on saving teeth from tooth decay. It developed the GentleWave(R) System an innovative technology platform designed to treat tooth decay by cleaning and disinfecting the microscopic spaces within teeth without the need to remove tooth structure.

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Earnings History and Estimates for Sonendo (NYSE:SONX)

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