NASDAQ:SONO Sonos (SONO) Stock Price, News & Analysis $13.57 -0.01 (-0.07%) (As of 07/26/2024 ET) Add Compare Share Share Today's Range$13.35▼$13.8250-Day Range$13.42▼$16.4352-Week Range$9.78▼$19.76Volume1.23 million shsAverage Volume1.52 million shsMarket Capitalization$1.67 billionP/E RatioN/ADividend YieldN/APrice Target$21.00 Stock AnalysisStock AnalysisAnalyst ForecastsChartCompetitorsEarningsFinancialsHeadlinesInsider TradesOptions ChainOwnershipShort InterestTrendsStock AnalysisAnalyst ForecastsChartCompetitorsEarningsFinancialsHeadlinesInsider TradesOptions ChainOwnershipShort InterestTrends Get Sonos alerts: Email Address Sonos MarketRank™ Stock AnalysisAnalyst RatingModerate Buy2.80 Rating ScoreUpside/Downside54.8% Upside$21.00 Price TargetShort InterestBearish5.46% of Float Sold ShortDividend StrengthN/ASustainabilityN/ANews Sentiment0.37Based on 17 Articles This WeekInsider TradingSelling Shares$1.61 M Sold Last QuarterProj. Earnings Growth47.83%From $0.23 to $0.34 Per ShareSee Full Details Hide Full Details Overall MarketRank™New Rank-Based ScoringMarketRank™ is calculated by averaging available category scores (with extra weight given to analysis and valuation), then ranking the company's weighted average against that of other companies.3.09 out of 5 starsConsumer Discretionary Sector158th out of 279 stocksHousehold Audio & Video Equipment Industry3rd out of 8 stocks 3.4 Analyst's Opinion Consensus RatingSonos has received a consensus rating of Moderate Buy. The company's average rating score is 2.80, and is based on 4 buy ratings, 1 hold rating, and no sell ratings.Amount of Analyst CoverageSonos has received no research coverage in the past 90 days.Read more about Sonos' stock forecast and price target. Previous Next 2.0 Short Interest Percentage of Shares Shorted5.46% of the float of Sonos has been sold short.Short Interest Ratio / Days to CoverSonos has a short interest ratio ("days to cover") of 4.3.Change versus previous monthShort interest in Sonos has recently decreased by 4.91%, indicating that investor sentiment is improving. Previous Next 0.0 Dividend Strength Dividend YieldSonos does not currently pay a dividend.Dividend GrowthSonos does not have a long track record of dividend growth. Previous Next N/A Sustainability and ESG Overall ESG (Environmental, Social, and Governance) ScoreThere is no current Upright™ data available for SONO. Previous Next 2.4 News and Social Media Coverage News SentimentSonos has a news sentiment score of 0.37. This score is calculated as an average of sentiment of articles about the company over the last seven days and ranges from 2 (good news) to -2 (bad news). This is a lower news sentiment than the 0.51 average news sentiment score of Consumer Discretionary companies.News Coverage This WeekMarketBeat has tracked 17 news articles for Sonos this week, compared to 12 articles on an average week.Search Interest4 people have searched for SONO on MarketBeat in the last 30 days. This is an increase of 33% compared to the previous 30 days.MarketBeat FollowsOnly 1 people have added Sonos to their MarketBeat watchlist in the last 30 days. This is a decrease of -50% compared to the previous 30 days. Previous Next 2.5 Company Ownership Insider Buying vs. Insider SellingIn the past three months, Sonos insiders have sold more of their company's stock than they have bought. Specifically, they have bought $0.00 in company stock and sold $1,612,771.00 in company stock.Percentage Held by InsidersOnly 3.30% of the stock of Sonos is held by insiders.Percentage Held by Institutions85.82% of the stock of Sonos is held by institutions. High institutional ownership can be a signal of strong market trust in this company.Read more about Sonos' insider trading history. Previous Next 1.9 Earnings and Valuation Earnings GrowthEarnings for Sonos are expected to grow by 47.83% in the coming year, from $0.23 to $0.34 per share.Price to Earnings Ratio vs. the MarketThe P/E ratio of Sonos is -38.77, which means that its earnings are negative and its P/E ratio cannot be compared to companies with positive earnings.Price to Earnings Ratio vs. SectorThe P/E ratio of Sonos is -38.77, which means that its earnings are negative and its P/E ratio cannot be compared to companies with positive earnings.Price to Book Value per Share RatioSonos has a P/B Ratio of 3.36. P/B Ratios above 3 indicate that a company could be overvalued with respect to its assets and liabilities.Read more about Sonos' valuation and earnings. Previous Next See Top Rated MarketRank™ Stocks Here Ad Unstoppable Prosperity“Generational Bull Run” IncomingLIVE Cash Flow Workshop Event / Hosted Virtually Weds @ 7PM EST Everyone who attends will also receive 3 special FREE Gifts during the event.You can find out what they are by clicking here now. About Sonos Stock (NASDAQ:SONO)Sonos, Inc., together with its subsidiaries, designs, develops, manufactures, and sells audio products and services in the Americas, Europe, the Middle East, Africa, and the Asia Pacific. It offers wireless, portable, and home theater speakers; components; and accessories. The company offers its products through approximately 10,000 third-party retail stores, including custom installers of home audio systems; and e-commerce retailers, as well as through its website. The company was formerly known as Rincon Audio, Inc. and changed its name to Sonos, Inc. in May 2004. Sonos, Inc. was incorporated in 2002 and is headquartered in Santa Barbara, California.Read More SONO Stock Price History View Price History Chart DataSkip Price History Chart 30 days | 90 days | 365 days | Advanced Chart SONO Stock News HeadlinesJuly 20, 2024 | insidertrades.comChristopher Scott Mason Sells 10,000 Shares of Sonos, Inc. (NASDAQ:SONO) StockJuly 13, 2024 | insidertrades.comSonos, Inc. (NASDAQ:SONO) Director Joanna Coles Sells 905 SharesJuly 27, 2024 | Crypto Swap Profits (Ad)625,000% GainImagine swapping your daily coffee expense for a future free of financial worries. It might seem far-fetched, but results like this are within reach with the right knowledge and timing in the altcoin market. Plus, you’ll get $10 in real Bitcoin when you stay to the end of the call and take a short quiz.July 3, 2024 | insidertrades.comInsider Selling: Sonos, Inc. (NASDAQ:SONO) Insider Sells 7,730 Shares of StockJuly 27 at 2:53 AM | msn.comTwo months after initial release and a statement later, Sonos' CEO apologizes to users over its messy app redesignJuly 26 at 6:43 AM | msn.comSonos apologizes for horrible, terrible, no good app rolloutJuly 26 at 6:43 AM | forbes.comSonos Says Sorry For App Update IssuesJuly 25 at 8:40 PM | msn.comSonos Ace vs. Bose QC Ultra: Noise-Canceling Giants, Tested in the Real WorldJuly 27, 2024 | Crypto Swap Profits (Ad)625,000% GainImagine swapping your daily coffee expense for a future free of financial worries. It might seem far-fetched, but results like this are within reach with the right knowledge and timing in the altcoin market. Plus, you’ll get $10 in real Bitcoin when you stay to the end of the call and take a short quiz.July 25 at 3:39 PM | 9to5mac.comSonos CEO apologizes for its new app, details timeline for fixing itJuly 25 at 3:39 PM | macrumors.comSonos Apologizes for Widely Criticized App Redesign, Provides Progress UpdateJuly 25 at 3:39 PM | yahoo.comSonos apologized for messing up its app and has offered a roadmap for fixing everythingJuly 25 at 3:39 PM | appleinsider.comSonos apologizes for screwing up its revamped iOS app launchJuly 25 at 3:39 PM | msn.comSonos CEO offers software mea culpa: ‘We know we have work to do’July 25 at 3:39 PM | msn.comSonos CEO apologizes for disastrous rollout of new appJuly 25 at 10:37 AM | msn.comThe Sonos Ace headphones are seeing their first discount at $40 offJuly 24 at 2:50 PM | msn.comThe Sonos Roam 2 is the sequel that doesn’t suckJuly 20, 2024 | msn.comSonos' Ace headphones make a compelling case for your cash.See More Headlines Receive SONO Stock News and Ratings via Email Sign-up to receive the latest news and ratings for Sonos and its competitors with MarketBeat's FREE daily newsletter. Email Address Company Calendar Last Earnings5/07/2024Today7/27/2024Next Earnings (Confirmed)8/07/2024Fiscal Year End9/30/2024Get Stock AlertsIndustry, Sector and Symbol Stock ExchangeNASDAQ SectorConsumer Discretionary Industry Household audio & video equipment Sub-IndustryN/A Current SymbolNASDAQ:SONO CUSIPN/A CIK1055355 Webwww.sonos.com Phone(805) 965-3001FaxN/AEmployees1,867Year Founded2002Price Target and Rating Average Stock Price Target$21.00 High Stock Price Target$25.00 Low Stock Price Target$12.00 Potential Upside/Downside+54.8%Consensus RatingModerate Buy Rating Score (0-4)2.80 Research Coverage5 Analysts Profitability EPS (Most Recent Fiscal Year)($0.35) Trailing P/E RatioN/A Forward P/E Ratio59.00 P/E GrowthN/ANet Income$-10,270,000.00 Net Margins-2.82% Pretax Margin-1.80% Return on Equity-0.44% Return on Assets-0.24% Debt Debt-to-Equity RatioN/A Current Ratio1.92 Quick Ratio1.33 Sales & Book Value Annual Sales$1.66 billion Price / Sales1.01 Cash Flow$0.74 per share Price / Cash Flow18.41 Book Value$4.04 per share Price / Book3.36Miscellaneous Outstanding Shares122,900,000Free Float118,845,000Market Cap$1.67 billion OptionableOptionable Beta1.98 Social Links Beginner's Guide to Pot Stock InvestingClick the link below and we'll send you MarketBeat's guide to pot stock investing and which pot companies show the most promise. Get This Free Report Key ExecutivesMr. Patrick Spence (Age 49)CEO, President & Director Comp: $621.86kMr. Edward P. Lazarus (Age 65)Chief Strategy Officer, Chief Legal Officer & Corporate Secretary Comp: $546.96kMs. Shamayne Braman (Age 35)Chief People Officer Comp: $459.28kMr. Nicholas Millington (Age 47)Chief Innovation Officer Comp: $518.64kMs. Deirdre Findlay (Age 50)Chief Commercial Officer Comp: $75kMr. Maxime Bouvat-Merlin (Age 48)Chief Product Officer Comp: $523.88kMr. Thomas CullenCo-Founder and VP of Sales & MarketingMs. Saori Casey (Age 56)Chief Financial Officer Mr. Christopher Scott Mason (Age 57)Senior VP, Chief Accounting Officer, Treasurer & Principal Accounting Officer Mr. Michael GroeningerVice President of Corporate FinanceMore ExecutivesKey CompetitorsVIZIONYSE:VZIOKnowlesNYSE:KNArlo TechnologiesNYSE:ARLOUniversal ElectronicsNASDAQ:UEICGenasysNASDAQ:GNSSView All CompetitorsInsiders & InstitutionsBank of New York Mellon CorpBought 13,373 shares on 7/26/2024Ownership: 1.192%Christopher Scott MasonSold 10,000 sharesTotal: $144,500.00 ($14.45/share)Diversified Trust CoBought 2,403 shares on 7/16/2024Ownership: 0.033%Granite Bay Wealth Management LLCBought 42,300 shares on 7/15/2024Ownership: 0.034%SG Americas Securities LLCBought 165,118 shares on 7/12/2024Ownership: 0.140%View All Insider TransactionsView All Institutional Transactions SONO Stock Analysis - Frequently Asked Questions How have SONO shares performed this year? Sonos' stock was trading at $17.14 at the beginning of the year. Since then, SONO stock has decreased by 20.8% and is now trading at $13.57. View the best growth stocks for 2024 here. How were Sonos' earnings last quarter? Sonos, Inc. (NASDAQ:SONO) posted its quarterly earnings data on Tuesday, May, 7th. The company reported ($0.53) EPS for the quarter, missing the consensus estimate of ($0.45) by $0.08. The business earned $252.66 million during the quarter, compared to analysts' expectations of $246.48 million. Sonos had a negative net margin of 2.82% and a negative trailing twelve-month return on equity of 0.44%. What is Patrick Spence's approval rating as Sonos' CEO? 79 employees have rated Sonos Chief Executive Officer Patrick Spence on Glassdoor.com. Patrick Spence has an approval rating of 98% among the company's employees. This puts Patrick Spence in the top 20% of approval ratings compared to other CEOs of publicly-traded companies. Does Sonos have any subsidiaries? Sonos subsidiaries include Snips, and Sonos Europe B.V. (Netherlands). When did Sonos IPO? Sonos (SONO) raised $250 million in an initial public offering (IPO) on Thursday, August 2nd 2018. The company issued 13,900,000 shares at a price of $17.00-$19.00 per share. Morgan Stanley, Goldman Sachs and Allen & Company served as the underwriters for the IPO and RBC Capital Markets, Jefferies, KKR, Raymond James and Stifel were co-managers. Who are Sonos' major shareholders? Sonos' top institutional investors include Bank of New York Mellon Corp (1.19%), SG Americas Securities LLC (0.14%), U.S. Capital Wealth Advisors LLC (0.08%) and Granite Bay Wealth Management LLC (0.03%). Insiders that own company stock include Patrick Spence, Nicholas Millington, Edward P Lazarus, Christopher Scott Mason, Matthew O Siegel, Thomas Conrad, Maxime Bouvat-Merlin and Brittany Bagley. View institutional ownership trends. How do I buy shares of Sonos? Shares of SONO stock can be purchased through any online brokerage account. Popular online brokerages with access to the U.S. stock market include Charles Schwab, E*TRADE, Fidelity, and Vanguard Brokerage Services. Compare Top Brokerages Here. What other stocks do shareholders of Sonos own? Based on aggregate information from My MarketBeat watchlists, some other companies that Sonos investors own include NVIDIA (NVDA), Advanced Micro Devices (AMD), Tesla (TSLA), Boeing (BA), DocuSign (DOCU), Block (SQ) and Alibaba Group (BABA). This page (NASDAQ:SONO) was last updated on 7/27/2024 by MarketBeat.com Staff From Our Partners625,000% GainImagine swapping your daily coffee expense for a future free of financial worries. 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