Sonic Lighting (SONC)
Market Price (10/26/2026): $0 | Market Cap: $-Sector: Consumer Discretionary | Industry: Automotive Parts & Equipment
Sonic Lighting (SONC)
Market Price (10/26/2026): $0Market Cap: $-Sector: Consumer DiscretionaryIndustry: Automotive Parts & Equipment
Investment Highlights Why It Matters Detailed financial logic regarding cash flow yields vs trend-riding momentum.
Megatrend and thematic driversMegatrends include Smart Buildings & Proptech, and Sustainable & Green Buildings. Themes include IoT for Buildings, and Energy Efficient Building Materials. |
| Megatrend and thematic driversMegatrends include Smart Buildings & Proptech, and Sustainable & Green Buildings. Themes include IoT for Buildings, and Energy Efficient Building Materials. |
Qualitative Assessment
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Updated on 10/1/2026
Sonic Lighting (SONC) stock has remained largely at the same level since 6/30/2026 because of the following key factors:
1. Ongoing IPO Process and Absence of Active Public Trading.
Sonic Lighting (SONC), an automotive lighting products distributor, filed for an Initial Public Offering (IPO) in October 2025 with an anticipated share price range of $4.00 to $5.00. However, as of January 15, 2026, the exact date for SONC stock to commence active public trading was not yet definitively known. During fiscal Q3 2026 (July 1 to September 30, 2026) and the beginning of fiscal Q4 2026, the stock likely remained in its pre-trading phase or experienced minimal market activity, significantly restricting significant price movements and contributing to its observed stability.
2. Extremely Low Trading Volume and Limited Liquidity.
Consistent with an ongoing IPO process or a newly public, thinly traded stock, Sonic Lighting (SONC) has experienced extremely low trading volume and limited liquidity since June 30, 2026. For example, as of September 29, 2026, the stock showed a trading volume of 0, despite a listed price, indicating an absence of active market transactions. This lack of robust trading activity inherently contributes to the stock remaining largely at the same level.
Show more
Sonic Lighting (SONC) stock has remained largely at the same level since 6/30/2026 because of the following key factors:
1. Ongoing IPO Process and Absence of Active Public Trading.
Sonic Lighting (SONC), an automotive lighting products distributor, filed for an Initial Public Offering (IPO) in October 2025 with an anticipated share price range of $4.00 to $5.00. However, as of January 15, 2026, the exact date for SONC stock to commence active public trading was not yet definitively known. During fiscal Q3 2026 (July 1 to September 30, 2026) and the beginning of fiscal Q4 2026, the stock likely remained in its pre-trading phase or experienced minimal market activity, significantly restricting significant price movements and contributing to its observed stability.
2. Extremely Low Trading Volume and Limited Liquidity.
Consistent with an ongoing IPO process or a newly public, thinly traded stock, Sonic Lighting (SONC) has experienced extremely low trading volume and limited liquidity since June 30, 2026. For example, as of September 29, 2026, the stock showed a trading volume of 0, despite a listed price, indicating an absence of active market transactions. This lack of robust trading activity inherently contributes to the stock remaining largely at the same level.
Show more
Updated on 10/1/2026
Sonic Lighting (SONC) stock has remained largely at the same level since 6/30/2026 because of the following key factors:
1. Ongoing IPO Process and Absence of Active Public Trading.
Sonic Lighting (SONC), an automotive lighting products distributor, filed for an Initial Public Offering (IPO) in October 2025 with an anticipated share price range of $4.00 to $5.00. However, as of January 15, 2026, the exact date for SONC stock to commence active public trading was not yet definitively known. During fiscal Q3 2026 (July 1 to September 30, 2026) and the beginning of fiscal Q4 2026, the stock likely remained in its pre-trading phase or experienced minimal market activity, significantly restricting significant price movements and contributing to its observed stability.
2. Extremely Low Trading Volume and Limited Liquidity.
Consistent with an ongoing IPO process or a newly public, thinly traded stock, Sonic Lighting (SONC) has experienced extremely low trading volume and limited liquidity since June 30, 2026. For example, as of September 29, 2026, the stock showed a trading volume of 0, despite a listed price, indicating an absence of active market transactions. This lack of robust trading activity inherently contributes to the stock remaining largely at the same level.
3. Absence of Material Company-Specific Catalysts.
During the period since June 30, 2026 (fiscal Q3 2026 and early fiscal Q4 2026), there has been a notable lack of significant company-specific news or financial disclosures from Sonic Lighting (SONC). Without material developments such as earnings reports, new product announcements, major contract wins, or strategic partnerships being publicly released, the stock lacked fundamental drivers to prompt substantial changes in its valuation or trading activity, thereby contributing to its stable trend.
Show less
Sonic Lighting (SONC) stock has remained largely at the same level since 6/30/2026 because of the following key factors:
1. Ongoing IPO Process and Absence of Active Public Trading.
Sonic Lighting (SONC), an automotive lighting products distributor, filed for an Initial Public Offering (IPO) in October 2025 with an anticipated share price range of $4.00 to $5.00. However, as of January 15, 2026, the exact date for SONC stock to commence active public trading was not yet definitively known. During fiscal Q3 2026 (July 1 to September 30, 2026) and the beginning of fiscal Q4 2026, the stock likely remained in its pre-trading phase or experienced minimal market activity, significantly restricting significant price movements and contributing to its observed stability.
2. Extremely Low Trading Volume and Limited Liquidity.
Consistent with an ongoing IPO process or a newly public, thinly traded stock, Sonic Lighting (SONC) has experienced extremely low trading volume and limited liquidity since June 30, 2026. For example, as of September 29, 2026, the stock showed a trading volume of 0, despite a listed price, indicating an absence of active market transactions. This lack of robust trading activity inherently contributes to the stock remaining largely at the same level.
3. Absence of Material Company-Specific Catalysts.
During the period since June 30, 2026 (fiscal Q3 2026 and early fiscal Q4 2026), there has been a notable lack of significant company-specific news or financial disclosures from Sonic Lighting (SONC). Without material developments such as earnings reports, new product announcements, major contract wins, or strategic partnerships being publicly released, the stock lacked fundamental drivers to prompt substantial changes in its valuation or trading activity, thereby contributing to its stable trend.
Show less
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Stock Movement Drivers
Fundamental Drivers
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Market Drivers
6/30/2026 to 10/24/2026| Return | Correlation | |
|---|---|---|
| SONC | 0.0% | |
| Market (SPY) | 1.8% | � |
| Sector (XLY) | -3.6% | � |
Fundamental Drivers
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Market Drivers
3/31/2026 to 10/24/2026| Return | Correlation | |
|---|---|---|
| SONC | 0.0% | |
| Market (SPY) | 17.2% | � |
| Sector (XLY) | 4.0% | � |
Fundamental Drivers
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Market Drivers
9/30/2025 to 10/24/2026| Return | Correlation | |
|---|---|---|
| SONC | 0.0% | |
| Market (SPY) | 15.0% | � |
| Sector (XLY) | -5.0% | � |
Fundamental Drivers
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Market Drivers
9/30/2023 to 10/24/2026| Return | Correlation | |
|---|---|---|
| SONC | 0.0% | |
| Market (SPY) | 83.9% | � |
| Sector (XLY) | 43.7% | � |
Price Returns Compared
| 2021 | 2022 | 2023 | 2024 | 2025 | 2026 | Total [1] | |
|---|---|---|---|---|---|---|---|
| Returns | |||||||
| SONC Return | - | - | - | - | - | - | - |
| Peers Return | 42% | -6% | 54% | 44% | 28% | 1% | 282% |
| S&P 500 Return | 27% | -19% | 24% | 23% | 16% | 12% | 104% |
Monthly Win Rates [3] | |||||||
| SONC Win Rate | - | - | - | - | - | - | |
| Peers Win Rate | 60% | 42% | 67% | 73% | 65% | 48% | |
| S&P 500 Win Rate | 75% | 42% | 67% | 75% | 67% | 50% | |
Max Drawdowns [4] | |||||||
| SONC Max Drawdown | - | - | - | - | - | - | |
| Peers Max Drawdown | -16% | -29% | -18% | -18% | -30% | -24% | |
| S&P 500 Max Drawdown | -5% | -25% | -10% | -8% | -19% | -9% | |
[1] Cumulative total returns since the beginning of 2021
[2] Peers: AYI, HUBB, ETN, GE.
[3] Win Rate = % of calendar months in which monthly returns were positive
[4] Max drawdown represents maximum peak-to-trough decline within a year
[5] 2026 data is for the year up to 10/23/2026 (YTD)
How Low Can It Go
| Event | SONC | S&P 500 |
|---|---|---|
| 2016-2017 Trump Reflation Bond Selloff | ||
| % Loss | -13.2% | -3.7% |
| % Gain to Breakeven | 15.2% | 3.9% |
| Time to Breakeven | 16 days | 6 days |
| 2015-2016 China Devaluation / Global Growth Scare | ||
| % Loss | -21.4% | -12.2% |
| % Gain to Breakeven | 27.2% | 13.9% |
| Time to Breakeven | 27 days | 62 days |
| 2011 US Debt Ceiling Crisis & European Contagion | ||
| % Loss | -39.6% | -17.9% |
| % Gain to Breakeven | 65.6% | 21.8% |
| Time to Breakeven | 468 days | 123 days |
| 2010 Eurozone Sovereign Debt Crisis / Flash Crash | ||
| % Loss | -41.4% | -15.4% |
| % Gain to Breakeven | 70.7% | 18.2% |
| Time to Breakeven | 994 days | 125 days |
| 2008-2009 Global Financial Crisis | ||
| % Loss | -73.3% | -53.4% |
| % Gain to Breakeven | 274.3% | 114.4% |
| Time to Breakeven | 1842 days | 1085 days |
In The Past
Sonic Lighting's stock fell -0.6% during the Q4 2018 Fed Policy Error / Growth Scare. Such a loss loss requires a 0.6% gain to breakeven.
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Asset Allocation
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| Event | SONC | S&P 500 |
|---|---|---|
| 2015-2016 China Devaluation / Global Growth Scare | ||
| % Loss | -21.4% | -12.2% |
| % Gain to Breakeven | 27.2% | 13.9% |
| Time to Breakeven | 27 days | 62 days |
| 2011 US Debt Ceiling Crisis & European Contagion | ||
| % Loss | -39.6% | -17.9% |
| % Gain to Breakeven | 65.6% | 21.8% |
| Time to Breakeven | 468 days | 123 days |
| 2010 Eurozone Sovereign Debt Crisis / Flash Crash | ||
| % Loss | -41.4% | -15.4% |
| % Gain to Breakeven | 70.7% | 18.2% |
| Time to Breakeven | 994 days | 125 days |
| 2008-2009 Global Financial Crisis | ||
| % Loss | -73.3% | -53.4% |
| % Gain to Breakeven | 274.3% | 114.4% |
| Time to Breakeven | 1842 days | 1085 days |
In The Past
Sonic Lighting's stock fell -0.6% during the Q4 2018 Fed Policy Error / Growth Scare. Such a loss loss requires a 0.6% gain to breakeven.
Preserve Wealth
Limiting losses and compounding gains is essential to preserving wealth.
Asset Allocation
Actively managed asset allocation strategies protect wealth. Learn more.
About Sonic Lighting (SONC)
Sonic Corp. operates and franchises a chain of quick-service drive-in restaurants in the United States. As of August 31, 2016, the company operated 3,557 Sonic Drive-Ins in 45 states, of which 345 were owned and operated by the company and 3,212 were owned and operated by franchisees. It also leases real estate properties to franchisees. The company was founded in 1953 and is headquartered in Oklahoma City, Oklahoma.
AI Analysis | Feedback
Here are 1-3 brief analogies for Sonic Corp., the quick-service drive-in restaurant chain:
A McDonald's or Burger King for drive-in dining, complete with carhops.
A heavily franchised fast-food chain, much like Domino's or Subway, but focused on car-side service for burgers, shakes, and tater tots.
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- Restaurant Operations: Provides quick-service food and beverages through company-owned drive-in restaurants.
- Franchising Services: Licenses the Sonic Drive-In concept and brand to independent operators.
- Real Estate Leasing: Leases real estate properties to franchisees.
AI Analysis | Feedback
The company described for the symbol SONC is Sonic Corp., which operates and franchises quick-service drive-in restaurants. As such, it sells primarily to individuals, with a significant business component involving its franchisees.
Here are the major customer categories served by Sonic Corp.:
- Individual Consumers: These are the members of the general public who visit Sonic Drive-In restaurants to purchase food, beverages, and other menu items for personal consumption. This forms the direct revenue stream for company-owned locations and the underlying basis for royalty payments from franchisees.
- Franchise Operators: These are the business entities or individuals who enter into franchise agreements with Sonic Corp. to operate Sonic Drive-In restaurants. They are customers of Sonic Corp. for the right to use the brand name, operational systems, marketing support, and often lease real estate properties from the company. These operators pay ongoing royalties, advertising fees, and rent to Sonic Corp.
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Research & Analysis
Invest in Strategies
Wealth Management
Peer Comparisons
| Peers to compare with: |
Financials
| Median | |
|---|---|
| Name | |
| Mkt Price | 342.76 |
| Mkt Cap | 83.1 |
| Rev LTM | 18,124 |
| Op Inc LTM | 3,286 |
| FCF LTM | 2,418 |
| FCF 3Y Avg | 2,102 |
| CFO LTM | 3,009 |
| CFO 3Y Avg | 2,628 |
Growth & Margins
| Median | |
|---|---|
| Name | |
| Rev Chg LTM | 13.1% |
| Rev Chg 3Y Avg | 8.6% |
| Rev Chg Q | 15.6% |
| QoQ Delta Rev Chg LTM | 3.8% |
| Op Inc Chg LTM | 9.4% |
| Op Inc Chg 3Y Avg | 13.7% |
| Op Mgn LTM | 18.0% |
| Op Mgn 3Y Avg | 17.9% |
| QoQ Delta Op Mgn LTM | -0.5% |
| CFO/Rev LTM | 16.8% |
| CFO/Rev 3Y Avg | 16.3% |
| FCF/Rev LTM | 14.2% |
| FCF/Rev 3Y Avg | 13.3% |
Price Behavior
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SONC Betas & Captures as of 9/30/2026
[1] Upside and downside betas calculated using positive and negative benchmark daily returns respectively
| 1M | 2M | 3M | 6M | 1Y | 3Y | |
|---|---|---|---|---|---|---|
| Beta | � | � | � | � | � | � |
| Up Beta | � | � | � | � | � | � |
| Down Beta | � | � | � | � | � | � |
| Up Capture | 0% | 0% | 0% | 0% | 0% | 0% |
| Bmk +ve Days | 6 | 16 | 27 | 66 | 132 | 424 |
| Stock +ve Days | 0 | 0 | 0 | 0 | 0 | 0 |
| Down Capture | -0% | -0% | -0% | -0% | -0% | -0% |
| Bmk -ve Days | 16 | 26 | 37 | 60 | 120 | 328 |
| Stock -ve Days | 0 | 0 | 0 | 0 | 0 | 0 |
[1] Upside and downside betas calculated using positive and negative benchmark daily returns respectively
Based On 1-Year Data
| Annualized Return | Annualized Volatility | Sharpe Ratio | Correlation with SONC | |
|---|---|---|---|---|
| SONC | - | - | - | - |
| Sector ETF (XLY) | -4.1% | 19.2% | -0.35 | - |
| Equity (SPY) | 14.8% | 12.7% | 0.80 | - |
| Gold (GLD) | -2.8% | 28.5% | -0.11 | - |
| Commodities (DBC) | 52.1% | 20.7% | 1.91 | - |
| Real Estate (VNQ) | 4.3% | 13.9% | 0.06 | - |
| Bitcoin (BTCUSD) | -24.8% | 43.5% | -0.54 | - |
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Based On 5-Year Data
| Annualized Return | Annualized Volatility | Sharpe Ratio | Correlation with SONC | |
|---|---|---|---|---|
| SONC | - | - | - | - |
| Sector ETF (XLY) | 4.5% | 24.1% | 0.14 | - |
| Equity (SPY) | 12.7% | 17.1% | 0.56 | - |
| Gold (GLD) | 17.3% | 18.9% | 0.73 | - |
| Commodities (DBC) | 9.5% | 19.5% | 0.37 | - |
| Real Estate (VNQ) | 1.1% | 18.9% | -0.05 | - |
| Bitcoin (BTCUSD) | 5.7% | 51.7% | 0.29 | - |
Smart multi-asset allocation framework can stack odds in your favor. Learn How
Based On 10-Year Data
| Annualized Return | Annualized Volatility | Sharpe Ratio | Correlation with SONC | |
|---|---|---|---|---|
| SONC | 5.8% | 32.7% | 0.89 | - |
| Sector ETF (XLY) | 12.2% | 22.2% | 0.50 | 22.2% |
| Equity (SPY) | 15.3% | 17.9% | 0.72 | 18.1% |
| Gold (GLD) | 11.8% | 16.4% | 0.59 | -11.3% |
| Commodities (DBC) | 8.4% | 18.1% | 0.38 | 2.0% |
| Real Estate (VNQ) | 5.2% | 20.7% | 0.21 | 5.9% |
| Bitcoin (BTCUSD) | 62.4% | 66.2% | 1.02 | 0.9% |
Smart multi-asset allocation framework can stack odds in your favor. Learn How
Earnings Returns History
Updated 6/11/2026| Forward Returns | |||
|---|---|---|---|
| Earnings Date | 1D Returns | 5D Returns | 21D Returns |
| SUMMARY STATS | |||
| # Positive | 0 | 0 | 0 |
| # Negative | 0 | 0 | 0 |
| Median Positive | |||
| Median Negative | |||
| Max Positive | |||
| Max Negative | |||
| Forward Returns | |||
|---|---|---|---|
| Earnings Date | 1D Returns | 5D Returns | 21D Returns |
| SUMMARY STATS | |||
| # Positive | 0 | 0 | 0 |
| # Negative | 0 | 0 | 0 |
| Median Positive | |||
| Median Negative | |||
| Max Positive | |||
| Max Negative | |||
Industry Resources
| Consumer Discretionary Resources |
| Retail Dive |
| Business of Fashion (BoF) |
| WWD (Women's Wear Daily) |
| National Retail Federation (NRF) |
| McKinsey & Company - Consumer |
| Mintel Consumer Trends |
| Automotive Parts & Equipment Resources |
| AftermarketNews |
| Tire Review |
| Motor Age |
External Quote Links
| Y Finance | Barrons |
| TradingView | Morningstar |
| SeekingAlpha | ValueLine |
| Motley Fool | Robinhood |
| CNBC | Etrade |
| MarketWatch | Unusual Whales |
| YCharts | Perplexity Finance |
| FinViz |
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Core Cache Last Updated: 10/24/2026