Socket Mobile (SCKT) Stock Price
Socket Mobile Price
Revenue at Socket Mobile has contracted by 2.6% per year over the past 19 years to 15.08 M USD. Earnings per share have declined at 22.6% per year over the last 8 years. For Socket Mobile, the net margin of -95.4% is down versus 19.3% a few years ago. The consensus 12-month price target for Socket Mobile is 1.28 USD, about 165.0% above where the stock trades today. Of 7 analysts, 6 rate the stock a buy — an overall Buy consensus.
Socket Mobile stock price
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Socket Mobile business model & stock analysis
Frequently asked questions about Socket Mobile
The business model of Socket Mobile Inc revolves around providing innovative and integrated mobile data capture solutions. The company specializes in designing and manufacturing barcode scanners and RFID readers that can be easily attached to smartphones and tablets. Socket Mobile's products are aimed at improving productivity, efficiency, and accuracy in various industries such as retail, healthcare, and hospitality. By offering cutting-edge technology and versatile solutions, Socket Mobile helps businesses streamline their data collection processes and enhance overall operational performance.
Socket Mobile Inc is primarily active in the technology industry.
The main competitors of Socket Mobile Inc in the market include Zebra Technologies Corporation, Honeywell International Inc, and Datalogic S.p.A.
Socket Mobile Inc is a technology company specializing in mobile data capture solutions. Founded in 1992, the company has a rich history and extensive background in the industry. Socket Mobile Inc has been a leading provider of data capture and scanning solutions, developing innovative products for various industries including retail, healthcare, and manufacturing. With a focus on wireless technology and barcode scanning, Socket Mobile Inc continues to deliver cutting-edge solutions that improve productivity and efficiency. Their commitment to technological advancement and customer satisfaction has earned them a strong reputation in the market. Socket Mobile Inc's dedication to innovation makes them a reliable and trusted choice for businesses seeking efficient data capture solutions.
Some significant milestones achieved by Socket Mobile Inc include launching the Socket Bluetooth Cordless Hand Scanner (CHS) Series 7, which revolutionized data collection in various industries. The company also introduced SocketScan, a software development kit that enables developers to incorporate barcode scanning into their applications seamlessly. Furthermore, Socket Mobile Inc expanded its product portfolio with the release of the DuraScan D750, a durable handheld scanner built to withstand harsh environments. Additionally, the company has established partnerships with leading technology providers, enhancing its market presence and product offerings.
Socket Mobile Inc is primarily present in the United States, Canada, Europe, and Asia.
Socket Mobile Inc represents values such as innovation, quality, and customer satisfaction. With a strong corporate philosophy focused on developing cutting-edge mobile solutions, Socket Mobile Inc aims to provide businesses and individuals with reliable and secure technology to enhance productivity and streamline operations. By integrating advanced features into their mobile devices and solutions, Socket Mobile Inc strives to empower users and enable seamless data capture and communication. As a leader in the industry, Socket Mobile Inc continuously works towards delivering exceptional products and services that meet the evolving needs of their customers while maintaining their commitment to excellence.
Analysts currently set an average price target of 1.28 USD for the Socket Mobile stock (median: 1.28 USD), implying +165.0 % versus the latest price. The consensus is based on 7 analyst ratings.
7 analysts currently rate the Socket Mobile stock: 6 recommend buying, 1 holding and 0 selling. For 2026, analysts expect Socket Mobile to generate revenue of 25.90 M USD and earnings per share of 0.45 USD.
Converted at the current exchange rate, the Socket Mobile share trades at 0.43 EUR (0.48 USD).
The Socket Mobile share (SCKT) is listed on 3 stock exchanges, including: NASDAQ (SCKT), Frankfurt (SNB1.F), München (SNB1.MU).
Socket Mobile Inc is a leading provider of handheld scanners and mobile data capture solutions for businesses in various industries. The company designs, develops, and distributes a wide range of products that improve the efficiency and productivity of customers and help collect, process, and analyze data in real time. One of Socket Mobile's key product lines is the SocketScan series, a group of wireless barcode readers that are versatile, easy to use, and highly durable. These handheld scanners are available in different models designed for various applications. They are compatible with both iOS and Android devices and offer a range of up to 100 meters. Features include Bluetooth connectivity, drop protection, and fast charging. In addition to barcode readers, Socket Mobile also offers RFID scanners based on high-frequency and ultra-high-frequency technology, enabling precise identification of objects and people. Businesses can easily and quickly capture data and manage identifications with these scanners. Socket Mobile also has its own development platform that allows developers to design and implement their own mobile data capture applications. The SocketScan SDK provides a comprehensive collection of tools and resources for customizations. The SDK is cross-platform, allowing developers to create applications for different devices. The company also has a strong presence in the mobile payment solutions market. The SocketScan 700 and other Socket Mobile products support contactless payments and cashless transactions. Users can simply scan credit and debit cards, coupons, and gift cards to make quick and easy payments. Socket Mobile has a wide and extensive customer base. The company serves a variety of industries such as retail, healthcare, logistics, and education. Its portfolio includes both small businesses and large corporations worldwide. Socket Mobile's business model is based on the sale of hardware, software, and services. The company generates revenue through direct sales of its products to customers and sales of SDKs to developers. By selling mobile data capture applications, Socket Mobile has been able to increase its revenue in recent years. In addition to innovative technology, customer support is an important part of Socket Mobile's business model. The company provides comprehensive support, including technical support, training, and consulting services, to ensure security and continuity in the operation of its solutions. Overall, Socket Mobile is an important provider of handheld scanners and mobile data capture services. The wide range of products and the clear focus on customer needs distinguish the company. Continuous investments in technology, market analysis, and customer service contribute to its continued success and readiness in a growing market.
The expected revenue of Socket Mobile is 25.90 M USD. This figure is based on current financial data and reflects the company's business performance.
The expected profit of Socket Mobile is 3.58 M USD. The net profit reflects the company's profitability after deducting all expenses.
The price-to-earnings ratio (P/E) of Socket Mobile is currently 1.07. The P/E ratio compares the current share price to the earnings per share and helps investors assess the valuation of the Socket Mobile stock.
The price-to-sales ratio (P/S) of Socket Mobile is currently 0.15. The P/S ratio compares the market capitalization to the annual revenue and serves as a valuation metric for the Socket Mobile stock.
The Eulerpool Quality Score for Socket Mobile is 1/10.
The ISIN of Socket Mobile is US83368E2000. The ISIN (International Securities Identification Number) is a globally unique identifier for securities.
The WKN of Socket Mobile is A0RBSN. The WKN (Wertpapierkennnummer) is a six-digit German security identification number.
The ticker of Socket Mobile is SCKT. The ticker symbol is used to trade Socket Mobile shares on the stock exchange.
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All fundamentals and in-depth analysis of Socket Mobile
Our stock analysis for Socket Mobile stock includes important financial indicators such as revenue, profit, P/E ratio, P/S ratio, EBIT, as well as information on dividends. We also assess aspects such as stocks, market capitalization, debt, equity, and liabilities of Socket Mobile. If you are looking for more detailed information on these topics, we offer comprehensive analyses on our subpages.