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S&P 500   5,087.03
DOW   39,069.11
QQQ   438.07
Top-Rated AMD nears major breakout level
AI Stock Caught Trading Under Secret Name (Ad)
Roku stock and the mother of all entry opportunities
AI powerhouse NVIDIA will hit $1000 soon
AI Stock Caught Trading Under Secret Name (Ad)
Nvidia, Royal Caribbean rise; Rivian, Etsy fall, Thursday, 2/22/2024
Rivian shares gets discounted; shares can move lower 
Here's Why Bitcoin Could Rise to $165,000 Starting Exactly On April 22, 2024. (Ad)
The Trade Desk: 3 reasons to buy before a new all-time high
Wall Street sees a solid year ahead for homebuilders, though mortgage rates remain a wildcard
S&P 500   5,087.03
DOW   39,069.11
QQQ   438.07
Top-Rated AMD nears major breakout level
AI Stock Caught Trading Under Secret Name (Ad)
Roku stock and the mother of all entry opportunities
AI powerhouse NVIDIA will hit $1000 soon
AI Stock Caught Trading Under Secret Name (Ad)
Nvidia, Royal Caribbean rise; Rivian, Etsy fall, Thursday, 2/22/2024
Rivian shares gets discounted; shares can move lower 
Here's Why Bitcoin Could Rise to $165,000 Starting Exactly On April 22, 2024. (Ad)
The Trade Desk: 3 reasons to buy before a new all-time high
Wall Street sees a solid year ahead for homebuilders, though mortgage rates remain a wildcard
S&P 500   5,087.03
DOW   39,069.11
QQQ   438.07
Top-Rated AMD nears major breakout level
AI Stock Caught Trading Under Secret Name (Ad)
Roku stock and the mother of all entry opportunities
AI powerhouse NVIDIA will hit $1000 soon
AI Stock Caught Trading Under Secret Name (Ad)
Nvidia, Royal Caribbean rise; Rivian, Etsy fall, Thursday, 2/22/2024
Rivian shares gets discounted; shares can move lower 
Here's Why Bitcoin Could Rise to $165,000 Starting Exactly On April 22, 2024. (Ad)
The Trade Desk: 3 reasons to buy before a new all-time high
Wall Street sees a solid year ahead for homebuilders, though mortgage rates remain a wildcard
NASDAQ:SONO

Sonos (SONO) Stock Price, News & Analysis

$18.51
+0.08 (+0.43%)
(As of 02/22/2024 ET)
Today's Range
$18.33
$18.68
50-Day Range
$15.17
$19.28
52-Week Range
$9.78
$21.98
Volume
2.01 million shs
Average Volume
2.52 million shs
Market Capitalization
$2.29 billion
P/E Ratio
N/A
Dividend Yield
N/A
Price Target
$21.00

Sonos MarketRank™ Stock Analysis

Analyst Rating
Moderate Buy
2.80 Rating Score
Upside/​Downside
13.5% Upside
$21.00 Price Target
Short Interest
Bearish
5.01% of Float Sold Short
Dividend Strength
N/A
Sustainability
N/A
News Sentiment
0.49mentions of Sonos in the last 14 days
Based on 9 Articles This Week
Insider Trading
Selling Shares
$126,644 Sold Last Quarter
Proj. Earnings Growth
80.65%
From $0.31 to $0.56 Per Share

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.

2.11 out of 5 stars

Consumer Discretionary Sector

189th out of 252 stocks

Household Audio & Video Equipment Industry

5th out of 7 stocks


SONO stock logo

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.

SONO Stock Price History

SONO Stock News Headlines

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Laser breakthrough could send stock soaring 2,476% Whenever the military develops a breakthrough technology, timely investors could see groundbreaking returns. General Dynamics returned 8,990%... Boeing soared 4,238%... L3Harris shot up 1,628%...
Sonos: The Latest Earnings Suggest The Worst Part Is Over
Analysts Set Sonos, Inc. (NASDAQ:SONO) Target Price at $21.00
Sonos, Inc. (NASDAQ:SONO) Short Interest Up 7.2% in January
The #1 Energy Passive Income Investment for 2023
It's not a stock, bond or private company... But this little-known alternative investment could hand you BIG MONTHLY INCOME from the oil and gas surge in 2023.
Snag the Sonos One SL Speaker for Just $159
Get this Sonos Smart Speaker for Under $160
Sonos Appoints Bracken Darrell to Board of Directors
Sonos: Product Launches To Drive 2024 Recovery
Why Sonos Stock Zoomed 14% Higher This Week
Why Sonos Stock Zoomed 14% Higher This Week
A Sonos TV without a remote? No thanks
Sonos First Quarter 2024 Earnings: Beats Expectations
Sonos stock climbs after Q1 earnings beat
See More Headlines
Receive SONO Stock News and Ratings via Email

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Company Calendar

Last Earnings
11/16/2021
Today
2/22/2024
Next Earnings (Estimated)
5/08/2024
Fiscal Year End
9/30/2024

Industry, Sector and Symbol

Industry
Household audio & video equipment
Sub-Industry
N/A
Current Symbol
NASDAQ:SONO
Fax
N/A
Employees
1,867
Year Founded
2002

Price Target and Rating

Average Stock Price Target
$21.00
High Stock Price Target
$25.00
Low Stock Price Target
$12.00
Potential Upside/Downside
+13.5%
Consensus Rating
Moderate Buy
Rating Score (0-4)
2.80
Research Coverage
5 Analysts

Profitability

Net Income
$-10,270,000.00
Pretax Margin
-0.90%

Debt

Sales & Book Value

Annual Sales
$1.66 billion
Cash Flow
$0.73 per share
Book Value
$4.80 per share

Miscellaneous

Free Float
119,756,000
Market Cap
$2.29 billion
Optionable
Optionable
Beta
1.94

Social Links

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Key Executives

  • Mr. Patrick  SpenceMr. Patrick Spence (Age 49)
    CEO, President & Director
    Comp: $621.86k
  • Mr. Edward P. Lazarus (Age 65)
    Chief Strategy Officer, Chief Legal Officer & Corporate Secretary
    Comp: $546.96k
  • Ms. Shamayne Braman (Age 35)
    Chief People Officer
    Comp: $459.28k
  • Mr. Nicholas  MillingtonMr. Nicholas Millington (Age 47)
    Chief Innovation Officer
    Comp: $518.64k
  • Ms. Deirdre Findlay (Age 50)
    Chief Commercial Officer
    Comp: $75k
  • Mr. Maxime Bouvat-Merlin (Age 48)
    Chief Product Officer
    Comp: $523.88k
  • Mr. Thomas Cullen
    Co-Founder and VP of Sales & Marketing
  • Ms. Saori Casey (Age 56)
    Chief Financial Officer
  • Mr. Christopher Scott Mason (Age 57)
    Senior VP, Chief Accounting Officer, Treasurer & Principal Accounting Officer
  • Mr. Michael Groeninger
    Vice President of Corporate Finance














SONO Stock Analysis - Frequently Asked Questions

Should I buy or sell Sonos stock right now?

5 Wall Street equities research analysts have issued "buy," "hold," and "sell" ratings for Sonos in the last twelve months. There are currently 1 hold rating and 4 buy ratings for the stock. The consensus among Wall Street equities research analysts is that investors should "moderate buy" SONO shares.
View SONO analyst ratings
or view top-rated stocks.

What is Sonos' stock price target for 2024?

5 analysts have issued 1-year price objectives for Sonos' shares. Their SONO share price targets range from $12.00 to $25.00. On average, they anticipate the company's share price to reach $21.00 in the next twelve months. This suggests a possible upside of 13.5% from the stock's current price.
View analysts price targets for SONO
or view top-rated stocks among Wall Street analysts.

How have SONO shares performed in 2024?

Sonos' stock was trading at $17.14 at the start of the year. Since then, SONO shares have increased by 8.0% and is now trading at $18.51.
View the best growth stocks for 2024 here
.

Are investors shorting Sonos?

Sonos saw a increase in short interest during the month of January. As of January 31st, there was short interest totaling 6,100,000 shares, an increase of 7.2% from the January 15th total of 5,690,000 shares. Based on an average daily volume of 2,480,000 shares, the days-to-cover ratio is currently 2.5 days. Approximately 5.0% of the shares of the company are short sold.
View Sonos' Short Interest
.

When is Sonos' next earnings date?

The company is scheduled to release its next quarterly earnings announcement on Wednesday, May 8th 2024.
View our SONO earnings forecast
.

How were Sonos' earnings last quarter?

Sonos, Inc. (NASDAQ:SONO) released its earnings results on Tuesday, November, 16th. The company reported ($0.07) earnings per share for the quarter, topping analysts' consensus estimates of ($0.11) by $0.04. The firm had revenue of $359.54 million for the quarter, compared to analysts' expectations of $360.23 million. Sonos had a negative net margin of 0.28% and a positive trailing twelve-month return on equity of 5.65%. The company's revenue was up 5.8% compared to the same quarter last year. During the same quarter in the previous year, the firm earned $0.15 earnings per share.

What guidance has Sonos issued on next quarter's earnings?

Sonos updated its FY 2024 earnings guidance on Tuesday, February, 6th. The company provided EPS guidance of for the period. The company issued revenue guidance of $1.6 billion-$1.7 billion, compared to the consensus revenue estimate of $1.7 billion.

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.

What other stocks do shareholders of Sonos own?

Based on aggregate information from My MarketBeat watchlists, some companies that other Sonos investors own include NVIDIA (NVDA), Advanced Micro Devices (AMD), Tesla (TSLA), Boeing (BA), DocuSign (DOCU), Block (SQ), Alibaba Group (BABA), PayPal (PYPL), QUALCOMM (QCOM) and Micron Technology (MU).

When did Sonos IPO?

(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 acted 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' stock is owned by a variety of retail and institutional investors. Top institutional investors include Vanguard Group Inc. (11.38%), Dimensional Fund Advisors LP (1.90%), Franklin Resources Inc. (1.75%), Hawk Ridge Capital Management LP (1.65%), Schroder Investment Management Group (1.25%) and Charles Schwab Investment Management Inc. (1.12%). Insiders that own company stock include Anna Fraser, Brittany Bagley, Edward P Lazarus, Joanna Coles, Matthew O Siegel, Matthew O Siegel, Maxime Bouvat-Merlin, Nicholas Millington, Patrick Spence and Thomas Conrad.
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.

Does Sonos have any subsidiaries?
The following companies are subsidiares of Sonos: Snips, and Sonos Europe B.V. (Netherlands).
Read More
This page (NASDAQ:SONO) was last updated on 2/23/2024 by MarketBeat.com Staff