Professional
Added to YB: 2025-05-05
Pitch date: 2025-04-30
SOND [neutral]
Sonder Holdings Inc.
-99.45%
current return
Author Info
Pernas Research is a former CIO of a $3.5B fund that now share actionable stock research. Sign up for the newsletter.
Company Info
Sonder Holdings Inc. engages in designing apartments and intimate boutique hotels for travelers in the United States, Europe, the Middle East, the United Arab Emirates, and internationally.
Market Cap
$1.9M
Pitch Price
$2.35
Price Target
N/A
Dividend
N/A
EV/EBITDA
9.33
P/E
-0.01
EV/Sales
2.47
Sector
Hotels, Restaurants and Leisure
Category
N/A
Pernas Research Passes On: Sonder Holdings Inc.
SOND pass: Hospitality co leasing properties for short-term rentals with consistent hotel-like experience. Unlike ABNB, manages listings directly. Stock down 98% since IPO. Revenue 4x in 5yrs but expenses rose equally. $25M mkt cap, near bankruptcy. Significant accounting issues make it uninvestable even as speculation.
Read full article (1 min)