NASDAQ:SONO Sonos (SONO) Stock Price, News & Analysis → Biden out June 13? (From Paradigm Press) (Ad) Free SONO Stock Alerts $17.95 +0.13 (+0.73%) (As of 09:40 AM ET) Add Compare Share Share Today's Range$17.63▼$18.0250-Day Range$15.17▼$19.2852-Week Range$9.78▼$21.98Volume57,488 shsAverage Volume2.22 million shsMarket Capitalization$2.22 billionP/E RatioN/ADividend YieldN/APrice Target$21.00 Stock AnalysisStock AnalysisAnalyst ForecastsChartCompetitorsEarningsFinancialsHeadlinesInsider TradesOptions ChainOwnershipShort InterestSocial MediaStock AnalysisAnalyst ForecastsChartCompetitorsEarningsFinancialsHeadlinesInsider TradesOptions ChainOwnershipShort InterestSocial Media Get Sonos alerts: Email Address Sonos MarketRank™ Stock AnalysisAnalyst RatingModerate Buy2.80 Rating ScoreUpside/Downside17.8% Upside$21.00 Price TargetShort InterestHealthy4.62% of Float Sold ShortDividend StrengthN/ASustainabilityN/ANews Sentiment0.38Based on 17 Articles This WeekInsider TradingSelling Shares$129,984 Sold Last QuarterProj. Earnings Growth80.65%From $0.31 to $0.56 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.3.06 out of 5 starsConsumer Discretionary Sector148th out of 276 stocksHousehold Audio & Video Equipment Industry3rd out of 8 stocks 2.4 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.Price Target Upside/DownsideAccording to analysts' consensus price target of $21.00, Sonos has a forecasted upside of 17.8% from its current price of $17.82.Amount of Analyst CoverageSonos has only been the subject of 2 research reports in the past 90 days. Previous Next 5.0 Short Interest Percentage of Shares Shorted4.62% of the float of Sonos has been sold short.Short Interest Ratio / Days to CoverSonos has a short interest ratio ("days to cover") of 2.6, which is generally considered an acceptable ratio of short interest to trading volume.Change versus previous monthShort interest in Sonos has recently decreased by 5.55%, indicating that investor sentiment is improving significantly. 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 0.38. 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 0.57 average news sentiment score of Consumer Discretionary companies.News Coverage This WeekMarketBeat has tracked 17 news articles for Sonos this week, compared to 11 articles on an average week.Search InterestOnly 5 people have searched for SONO on MarketBeat in the last 30 days. This is a decrease of -44% compared to the previous 30 days.MarketBeat Follows5 people have added Sonos to their MarketBeat watchlist in the last 30 days. This is an increase of 150% 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 $129,984.00 in company stock.Percentage Held by InsidersOnly 3.30% of the stock of Sonos is held by insiders.Percentage Held by Institutions84.26% of the stock of Sonos is held by institutions. High institutional ownership can be a signal of strong market trust in this company. Previous Next 1.9 Earnings and Valuation Earnings GrowthEarnings for Sonos are expected to grow by 80.65% in the coming year, from $0.31 to $0.56 per share.Price to Earnings Ratio vs. the MarketThe P/E ratio of Sonos is -593.80, 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 -593.80, 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 4.41. P/B Ratios above 3 indicate that a company could be overvalued with respect to its assets and liabilities. Previous Next See Top Rated MarketRank™ Stocks Here Ad Colonial MetalsCentral Bank Gold Heist In ProgressWhen central banks buy gold… The rich buy right along with them. And central banks are buying at breakneck pace. Last year… 1,037 tons. Just 45 tons less than the record set two years ago.That's why we have released our Free Precious Metals Investment Guide. 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 HeadlinesMarch 16, 2024 | insidertrades.comSonos, Inc. (NASDAQ:SONO) Director Sells $17,511.75 in StockMarch 19, 2024 | msn.comQuick! Save big on the five-star Sonos Arc with this latest dealMarch 19, 2024 | Weiss Ratings (Ad)The ONE AI sSock to own now. (It’s not Nvidia.)Don’t panic — you haven’t missed the boat on AI. In fact, it has barely launched. Sure, the early stages of this boom were big … But I believe the real wealth in AI has yet to be made …March 19, 2024 | yahoo.comAmazon Big Spring Sale: 20 early deals from Apple, Sonos and Sony you can shop todayMarch 16, 2024 | msn.comSave 20% Now on the Sonos One SL Smart SpeakerMarch 15, 2024 | msn.comSave 20% on Select Sonos Soundbars Ahead of Amazon's March SaleMarch 15, 2024 | msn.comSonos sale: Up to 20% off speakers, soundbars, and subwoofersMarch 15, 2024 | appleinsider.comSave up to $236 on Sonos speakers, soundbars & subs ahead of March Madness 2024March 19, 2024 | InvestorPlace (Ad)They said crypto was dead. It went up 100X.Bitcoin’s haters are out again. Despite the price doubling in the last six months alone… That hasn’t stopped the experts from piling on. Warren Buffett’s right-hand man Charlie Munger called crypto investors “idiots” in one of his last interviews. 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They’ve predicted crypto’s demise for years.March 15, 2024 | msn.comFeel the noise with Sonos soundbars, speakers, and subwoofers at all-time low pricesMarch 15, 2024 | msn.comThis Sonos Sale Is Not Messing AroundMarch 15, 2024 | msn.com9 ways to get the most from your Sonos speakerMarch 15, 2024 | msn.comThis Rare Sale Knocks the Sonos Beam Gen 2 down to $399March 14, 2024 | yahoo.comThe Sonos Move 2 just got its first-ever discount of 20% offMarch 14, 2024 | yahoo.comThe best sales to shop today: Allbirds, Stanley, Sonos and moreMarch 14, 2024 | 9to5mac.comSonos Move 2 portable speaker with AirPlay 2 sees first discountMarch 14, 2024 | msn.comThree Hit Sonos Deals From Amazon's New SaleMarch 14, 2024 | msn.comSonos soundbars and speakers are on sale just in time for March MadnessMarch 14, 2024 | finance.yahoo.comThe new Sonos Move 2 portable speaker is 20 percent off right nowMarch 12, 2024 | msn.comSonos Beam Gen 3 preview: 4 things we want from the next budget Dolby Atmos soundbarMarch 11, 2024 | americanbankingnews.comSonos, Inc. (NASDAQ:SONO) Receives Average Recommendation of "Moderate Buy" from BrokeragesMarch 10, 2024 | msn.comSonos headphones — 5 things I’d like to seeMarch 9, 2024 | msn.comWe just got another hint that the Sonos headphones are launching soonMarch 9, 2024 | msn.comRefurbished Sonos Era 300 speakers are $90 off in a rare dealMarch 8, 2024 | msn.comSonos: How to reset your wireless speakerMarch 8, 2024 | 9to5mac.comSonos is almost ready to take on AirPods Max, FCC docs revealMarch 7, 2024 | msn.comThe 5 features Sonos headphones need to beat Sony and Bose – I'd buy immediatelySee 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 Earnings2/06/2024Today3/19/2024Next Earnings (Estimated)5/08/2024Fiscal 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+17.8%Consensus RatingModerate Buy Rating Score (0-4)2.80 Research Coverage5 Analysts Profitability EPS (Most Recent Fiscal Year)($0.03) Trailing P/E RatioN/A Forward P/E Ratio57.48 P/E GrowthN/ANet Income$-10,270,000.00 Net Margins-0.28% Pretax Margin-0.90% Return on Equity5.65% Return on Assets3.09% Debt Debt-to-Equity RatioN/A Current Ratio2.02 Quick Ratio1.56 Sales & Book Value Annual Sales$1.66 billion Price / Sales1.33 Cash Flow$0.70 per share Price / Cash Flow25.58 Book Value$4.04 per share Price / Book4.41Miscellaneous Outstanding Shares123,840,000Free Float119,756,000Market Cap$2.21 billion OptionableOptionable Beta1.99 Social Links 10 Best Stocks to Own in 2024Click the link below and we'll send you MarketBeat's list of the 10 best stocks to own in 2024 and why they should be in your portfolio. 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:VZIOCamping WorldNYSE:CWHPactiv EvergreenNASDAQ:PTVEManchester UnitedNYSE:MANUMasterBrandNYSE:MBCView All CompetitorsInsiders & InstitutionsVanguard Group Inc.Sold 52,321 shares on 3/11/2024Ownership: 11.376%Wellington Management Group LLPBought 221,875 shares on 3/5/2024Ownership: 2.393%Joanna ColesSold 905 sharesTotal: $17,511.75 ($19.35/share)Goldman Sachs Group Inc.Bought 175,000 shares on 3/1/2024Ownership: 0.000%American International Group Inc.Sold 583 shares on 2/28/2024Ownership: 0.056%View All Insider TransactionsView All Institutional Transactions 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 year. 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 equities research analysts have issued twelve-month price objectives for Sonos' shares. Their SONO share price targets range from $12.00 to $25.00. On average, they anticipate the company's stock price to reach $21.00 in the next twelve months. This suggests a possible upside of 17.8% 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 beginning of the year. Since then, SONO stock has increased by 4.0% and is now trading at $17.82. View the best growth stocks for 2024 here. 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) issued its quarterly earnings data on Tuesday, February, 6th. The company reported $0.69 earnings per share (EPS) for the quarter, beating analysts' consensus estimates of $0.47 by $0.22. The firm earned $612.87 million during the quarter, compared to analysts' expectations of $588.96 million. Sonos had a positive trailing twelve-month return on equity of 5.65% and a negative net margin of 0.28%. What ETFs hold Sonos' stock? ETFs with the largest weight of Sonos (NASDAQ:SONO) stock in their portfolio include MUSQ Global Music Industry ETF (MUSQ), Invesco S&P SmallCap Consumer Discretionary ETF (PSCD), Invesco Nasdaq Future Gen 200 ETF (QQQS) and SPDR S&P 600 Small CapValue ETF (SLYV).SPDR S&P 600 Small Cap ETF (SLY). What guidance has Sonos issued on next quarter's earnings? Sonos issued an update on 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 on Thursday, August 2nd 2018. The company issued 13,900,000 shares at $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' stock is owned by many different retail and institutional investors. Top institutional shareholders include Vanguard Group Inc. (11.38%), Vanguard Group Inc. (11.38%), Wellington Management Group LLP (2.39%), Dimensional Fund Advisors LP (1.90%), Franklin Resources Inc. (1.75%) and Hawk Ridge Capital Management LP (1.65%). 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 3/19/2024 by MarketBeat.com Staff From Our PartnersCentral Bank Gold Heist In ProgressColonial MetalsLike Tiny Crypto Retirement FundsCrypto 101 MediaBiden out June 13?Paradigm PressMake This $3 Trade the Instant the Opening Bell RingsMonument Traders AllianceSHOCKING Footage From Tesla Gigafactory In Austin, TexasInvestorPlaceThe world’s greatest investmentPorter & CompanyBuy this small stock before coming AI Tidal WaveChaikin AnalyticsStock-Picking AI Predicts #1 Stock of 2024Altimetry Adding Choose a watchlist: Watchlist Adding You have already added five stocks to your watchlist. Upgrade to MarketBeat All Access to add more stocks to your watchlist. Adding Sonos, Inc. Please log in to your account or sign up in order to add this asset to your watchlist. 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