Socket Mobile, Inc. (SCKT) CEO Kevin Mills on Q2 2022 Results - Earnings Call Transcript
Socket Mobile, Inc. (SCKT) Q2 2022 Earnings Conference Call July 28, 2022, 05:00 PM ET Company Participants Kevin Mills - President and CEO Lynn Zhao - CFO ...
Model output · Signal date 2026-10-16
Socket Mobile, Inc. (SCKT) Stock Forecast Oct. 16, 2026
Analysis updated on Oct. 16, 2026 (UTC) · Total · absolute moveSwitch to Alpha · Nasdaq
Rating · 90D
▼ Bearish
Exact rating locked
90-day forecast
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30-day forecast
Total
Rank in coverage
Bottom 35%
of 5171 stocks scored
Rank correlation · 90D
1.0%
Spearman, 357 dates
Market Cap
$4M
small-cap · #6 of 6 peers
Summary
Socket Mobile, Inc. (SCKT) stock forecast summary
Our AI ranks Socket Mobile, Inc. outside the neutral middle of its coverage (a directional signal). Create a free account and follow it to see the exact price target.
Socket Mobile, Inc. is a small-cap company with a market capitalization of $4M. It ranks number 6 by market capitalization among the 6 Electronic Computers issuers in our coverage with a current forecast.
For SCKT, the Spearman rank correlation between our 90-day forecasts and the returns that followed is 1.0%, measured on 357 forecast dates between 2022-07-29 and 2026-07-17 on this stock's own recent history. A rank correlation runs from -100% to +100%: it measures whether higher forecasts were followed by higher returns, and a value near zero or below means the model has shown little skill on this stock. On the 30-day forecasts the same correlation is 21.0%, measured on 400 forecast dates between 2022-07-29 and 2026-09-16. Across our coverage, the out-of-sample test on 4495 stocks from 2025-01-06 to 2026-07-07 produced a positive net return in 82.5% of rebalance periods (factor-neutral book, net of estimated costs). Full backtest report
Expected absolute price move over the horizon, market included. This is the number a price target is built from. Ratings: strong buy ≥ +4.9%, buy ≥ +3.3%, sell < +1.8%, strong sell < +0.8% (top 15%, next 20%, middle 30%, next 20%, bottom 15% of the 2026-10-16 signals)
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SCKT price chart and AI forecast
Cross-section · 2026-10-16
How SCKT ranks among 5171 stocks
90D Total forecasts of every company scored, cut into five relative ratings at the 15th, 35th, 65th and 85th percentiles (dashed lines).
Fundamentals · 2026-06-30
Socket Mobile, Inc. (SCKT) fundamentals
Trailing twelve months. The industry median and the rank (1 = highest) are taken over the Electronic Computers peers listed below that report each metric.
Valuation & Market
| Metric | SCKT | Rank |
|---|---|---|
| Market Cap | $4M | 6/6 |
| P/B Ratio | 1.67x | 3/5 |
| EPS | $-1.87 | – |
| Book Value/Share | $0.29 | – |
| Revenue/Share | $1.66 | – |
| FCF/Share | $-0.14 | – |
Profitability & Margins
| Metric | SCKT | Rank |
|---|---|---|
| ROE | -622.8% | – |
| ROA | -120.0% | – |
| ROIC | -93.5% | 6/6 |
| Gross Margin | 49.1% | 2/6 |
| Operating Margin | -26.1% | 5/6 |
| Net Margin | -107.5% | – |
| EBT Margin | -20.6% | 5/6 |
Financial Health
| Metric | SCKT | Rank |
|---|---|---|
| Current Ratio | 0.85x | 6/6 |
| Quick Ratio | 0.40x | 6/6 |
| D/E Ratio | 4.19x | 1/5 |
| Financial Leverage | 5.19x | 1/5 |
| Interest Coverage | 7.9x | 3/5 |
| Working Capital | -$1M | 5/6 |
Cash Flow
| Metric | SCKT | Rank |
|---|---|---|
| Operating Cash Flow | -$690K | 4/6 |
| Free Cash Flow | -$1M | 4/6 |
| Capital Spending | -$490K | 2/6 |
| FCF/Sales | -8.5% | 5/6 |
| CapEx/Sales | 3.6% | 1/6 |
Operational Efficiency
| Metric | SCKT | Rank |
|---|---|---|
| Asset Turnover | 1.12x | 4/6 |
| Receivables Turnover | 11.8x | 2/6 |
| Inventory Turnover | 1.8x | 5/6 |
| Fixed Assets Turnover | 7.8x | 6/6 |
| Days Sales Outstanding | 31 days | 5/6 |
| Days Inventory | 198 days | 2/6 |
Income Statement
| Metric | SCKT | Rank |
|---|---|---|
| Total Revenue | $14M | 6/6 |
| Operating Income | -$4M | 5/6 |
| Net Income | -$15M | – |
| R&D Expense | $4M | 5/6 |
| SG&A Expense | $8M | 5/6 |
| Cost of Goods Sold | $7M | 6/6 |
Dividend & Shareholder Information
| Metric | SCKT | Rank |
|---|---|---|
| Shares Outstanding | 8M | – |
Balance Sheet Highlights (USD millions)
| Total Current Assets | $7M | 58.7% of assets |
| Cash & Short-term Investments | $2M | 13.0% of assets |
| Accounts Receivable | $1M | 9.5% of assets |
| Inventory | $4M | 30.9% of assets |
| Total Liabilities | $10M | 80.8% of assets |
Quarterly Financial Reports
SCKT quarterly financials and insider trading
Industry Peers · Electronic Computers
Socket Mobile, Inc. (SCKT) industry peers
Companies classified under the same SEC industry code as Socket Mobile, Inc. (Electronic Computers): 6 common-stock issuers with a forecast this week, one row per issuer, largest first. This is a classification match, not a curated list of competitors.
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Technology · Electronic Computers
News
Socket Mobile, Inc. (SCKT) stock news
Socket Mobile, Inc. Q4 2009 Earnings Call Transcript
Socket Mobile, Inc. (SCKT)Q4 2009 Earnings Call TranscriptFebruary 18, 2010 5:00 pm ETExecutivesJim Byers – IR, MKR GroupKevin Mills – President & ...
Socket Mobile Inc (SCKT) Q3 2025 Earnings Call Highlights: Navigating Challenges with Strategic ...
Revenue: $3.1 million, a decrease of 20% year over year from $3.9 million in Q3 2024 and 23% sequentially from $4 million in Q2 2025. Gross Margin: 47.7%, down from 49% in Q3 2024 and 49.9% in Q2 2025 ...
FAQ
Socket Mobile, Inc. (SCKT) stock forecast FAQ
What is the Socket Mobile, Inc. (SCKT) stock forecast?
Our AI ranks Socket Mobile, Inc. outside the neutral middle of its coverage (a directional signal). Create a free account and follow it to see the exact price target.
How accurate are Socket Mobile, Inc. stock predictions?
For SCKT, the Spearman rank correlation between our 90-day forecasts and the returns that followed is 1.0%, measured on 357 forecast dates between 2022-07-29 and 2026-07-17 on this stock's own recent history. A rank correlation runs from -100% to +100%: it measures whether higher forecasts were followed by higher returns, and a value near zero or below means the model has shown little skill on this stock. On the 30-day forecasts the same correlation is 21.0%, measured on 400 forecast dates between 2022-07-29 and 2026-09-16. Across our coverage, the out-of-sample test on 4495 stocks from 2025-01-06 to 2026-07-07 produced a positive net return in 82.5% of rebalance periods (factor-neutral book, net of estimated costs). Full backtest report
How often are Socket Mobile, Inc. forecasts updated?
Socket Mobile, Inc. forecasts are refreshed on trading days as the daily model run completes. The forecast on this page was produced on Oct. 16, 2026.
Which companies are Socket Mobile, Inc.'s industry peers?
6 issuers in our coverage, SCKT included, share the SEC industry code Electronic Computers. The largest are: Apple Inc. (AAPL), Dell Technologies Inc. (DELL), Super Micro Computer, Inc. (SMCI), Omnicell, Inc. (OMCL), One Stop Systems, Inc. (OSS).
This analysis is generated automatically using our proprietary AI systems and should not be considered personalized investment advice. Past performance does not guarantee future results. Always conduct your own research and consider consulting a financial advisor before making investment decisions.