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Upturn AI SWOT - About
SCKT 
Socket Mobile Inc (SCKT)
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Upturn Advisory Summary
08/28/2025: SCKT (1-star) is currently NOT-A-BUY. Pass it for now.
Upturn Star Rating
Not Recommended Performance
These Stocks/ETFs, based on Upturn Advisory, consistently fall short of market performance, signaling caution before investing.
Analysis of Past Performance
Type Stock | Historic Profit -46.42% | Avg. Invested days 27 | Today’s Advisory PASS |
Upturn Star Rating | Upturn Advisory Performance  1.0 | Stock Returns Performance  1.0 |
| Profits based on simulation | Last Close 08/28/2025 |
Key Highlights
Company Size Small-Cap Stock | Market Capitalization 9.19M USD | Price to earnings Ratio - | 1Y Target Price 1.25 |
Price to earnings Ratio - | 1Y Target Price 1.25 | ||
Volume (30-day avg) - | Beta 0.91 | 52 Weeks Range 0.91 - 1.72 | Updated Date 06/29/2025 |
52 Weeks Range 0.91 - 1.72 | Updated Date 06/29/2025 | ||
Dividends yield (FY) - | Basic EPS (TTM) -0.36 |
Earnings Date
Report Date - | When - | Estimate - | Actual - |
Profitability
Profit Margin -15.09% | Operating Margin (TTM) -22.53% |
Management Effectiveness
Return on Assets (TTM) -6.43% | Return on Equity (TTM) -14.72% |
Valuation
Trailing PE - | Forward PE - | Enterprise Value 14144678 | Price to Sales(TTM) 0.52 |
Enterprise Value 14144678 | Price to Sales(TTM) 0.52 | ||
Enterprise Value to Revenue 0.8 | Enterprise Value to EBITDA 4.84 | Shares Outstanding 7921520 | Shares Floating 5368652 |
Shares Outstanding 7921520 | Shares Floating 5368652 | ||
Percent Insiders 34.53 | Percent Institutions 5.5 |
Upturn AI SWOT
Socket Mobile Inc
Company Overview
History and Background
Socket Mobile, Inc. was founded in 1992. Initially known for its serial adapters, the company evolved to focus on data capture solutions, primarily barcode scanners and RFID readers for mobile devices. They aim to enhance productivity and efficiency across various industries.
Core Business Areas
- Data Capture Solutions: Designs, develops, and manufactures barcode scanners and RFID readers for smartphones and mobile computers. These products are used in retail, healthcare, field service, and other industries to streamline data entry and improve workflow efficiency.
- Developer Program: Provides software development kits (SDKs) and support to enable developers to integrate Socket Mobile's data capture devices into their applications. This helps expand the usability and compatibility of their products across different platforms and use cases.
Leadership and Structure
Kevin Mills is the current President and CEO. The company has a typical corporate structure with departments for engineering, sales, marketing, finance, and operations.
Top Products and Market Share
Key Offerings
- Competitors: Zebra Technologies (ZBRA), Honeywell (HON)
- SocketScan S700 Barcode Scanner: A small, lightweight Bluetooth barcode scanner popular for mobile POS systems and inventory management. Estimated market share is difficult to obtain, but it competes with scanners from Zebra Technologies and Honeywell. Revenue information is not publicly disclosed on a per-product basis.
- Competitors: Zebra Technologies (ZBRA), Honeywell (HON)
- SocketScan S740 Barcode Scanner: Similar to the S700 but offers faster scanning performance. Also competes with Zebra and Honeywell. Revenue information is not publicly disclosed on a per-product basis.
- Competitors: Infinite Peripherals, Honeywell (HON)
- DuraSled Barcode Sled Scanners: Designed to protect and provide data capture capabilities to smartphones and tablets. Competitors include Infinite Peripherals and Honeywell. Revenue information is not publicly disclosed on a per-product basis.
Market Dynamics
Industry Overview
The data capture market is growing due to increased adoption of mobile POS systems, e-commerce, and inventory management solutions. The market is competitive, with both large established players and smaller niche providers.
Positioning
Socket Mobile focuses on providing compact, Bluetooth-enabled barcode scanners that integrate with mobile devices. Their competitive advantage lies in their developer-friendly SDKs and focus on portability and ease of use.
Total Addressable Market (TAM)
The global barcode scanner market is estimated to be several billion USD annually. Socket Mobile is positioned to capture a portion of this market by catering to businesses requiring mobile data capture solutions. An estimated TAM value for the general market is around $8B.
Upturn SWOT Analysis
Strengths
- Compact and lightweight designs
- Bluetooth connectivity
- Developer-friendly SDKs
- Strong partnerships with software vendors
- Focus on mobile solutions
Weaknesses
- Smaller market share compared to larger competitors
- Limited brand recognition
- Dependence on mobile device market trends
- Higher cost structure than some competitors
- Thin resources compared to competitors
Opportunities
- Growing adoption of mobile POS systems
- Expansion into new geographic markets
- Development of new data capture technologies (e.g., RFID)
- Partnerships with larger technology companies
- Increased demand for contactless solutions
Threats
- Intense competition from larger players
- Technological obsolescence
- Economic downturn affecting business spending
- Disruptive technologies (e.g., smartphone cameras as barcode scanners)
- Supply chain disruptions
Competitors and Market Share
Key Competitors
- ZBRA
- HON
- IPCI
Competitive Landscape
Socket Mobile competes with larger companies with more resources. Its advantage is its specialized focus and developer-friendly approach, but it faces challenges in scaling and competing on price.
Growth Trajectory and Initiatives
Historical Growth: Historical growth has been cyclical, impacted by technology adoption rates and economic factors.
Future Projections: Future growth projections depend on the company's ability to innovate and expand its market reach. Analyst estimates, if available, should be consulted.
Recent Initiatives: Recent initiatives include focusing on software and cloud-based solutions to increase recurring revenue.
Summary
Socket Mobile is a small player in the data capture market, focusing on mobile solutions and developer integration. They have faced challenges in maintaining consistent growth due to competition. A key strength is developer friendly SDKs but must innovate to remain competitive against larger companies.
Peer Comparison
Sources and Disclaimers
Data Sources:
- SEC Filings (10-K, 10-Q), Company Website, Industry Reports, Analyst Reports
Disclaimers:
The information provided is for informational purposes only and should not be considered financial advice. Market share estimates are approximations. Financial data is subject to change. Consult with a qualified financial advisor before making any investment decisions.
AI Summarization is directionally correct and might not be accurate.
Summarized information shown could be a few years old and not current.
Fundamental Rating based on AI could be based on old data.
AI-generated summaries may have inaccuracies (hallucinations). Please verify the information before taking action.
About Socket Mobile Inc
Exchange NASDAQ | Headquaters Fremont, CA, United States | ||
IPO Launch date 1995-06-06 | President, CEO & Director Mr. Kevin J. Mills | ||
Sector Technology | Industry Computer Hardware | Full time employees 59 | Website https://www.socketmobile.com |
Full time employees 59 | Website https://www.socketmobile.com | ||
Socket Mobile, Inc. provides data capture and delivery solutions in the United States, Europe, Asia, and internationally. Its products and solutions are integrated into mobile applications for applications in the areas of point of sale, commercial services, asset tracking, manufacturing and quality control processes, transportation and logistics, event management, medical, and education. The company also offers cordless data capture devices that connect through Bluetooth and work with applications running on smartphones, mobile computers, and tablets; DuraScan 600 series NFC and RFID readers, 700 series companion scanners, 800 series attachable scanners, and the wearable 900 series products; and SocketScan solutions for seamless integration into various business applications, including the 300 series countertop readers, the 500 series NFC mobile wallet readers, the 700 series companion scanners, and the 800 series attachable scanners. In addition, it provides DuraSled, a protective barcode sled scanner; SocketCam C820 and C860, which are camera-based barcode scanners; and software developer kits, such as CaptureSDK that enables the App providers to modify captured data, control the placement of the barcoded or RFID data in their applications, and control the feedback to the user. Further, the company offers XtremeScan case, XtremeScan, and XtremeScan grip for the iphone. It serves retail, commercial services, industrial and manufacturing, transportation and logistics, and healthcare industries through a network of distributors, online resellers, and application providers, as well as online stores. The company was formerly known as Socket Communications, Inc. and changed its name to Socket Mobile, Inc. in April 2008. Socket Mobile, Inc. was founded in 1992 and is headquartered in Fremont, California.
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