Sonos Stock Price, News & Analysis (NASDAQ:SONO) $15.99 +0.14 (+0.88%) (As of 12/7/2023 ET) Add Compare Share Share Today's Range$15.69▼$16.0750-Day Range$9.86▼$15.9952-Week Range$9.78▼$21.98Volume2.26 million shsAverage Volume2.05 million shsMarket Capitalization$2.00 billionP/E RatioN/ADividend YieldN/APrice Target$18.60 Stock AnalysisStock AnalysisAnalyst ForecastsChartCompetitorsEarningsFinancialsHeadlinesInsider TradesOptions ChainOwnershipShort InterestSocial MediaStock AnalysisAnalyst ForecastsChartCompetitorsEarningsFinancialsHeadlinesInsider TradesOptions ChainOwnershipShort InterestSocial Media Sonos MarketRank™ Stock AnalysisAnalyst RatingModerate Buy2.60 Rating ScoreUpside/Downside16.3% Upside$18.60 Price TargetShort InterestHealthy8.51% of Float Sold ShortDividend StrengthN/ASustainabilityN/ANews Sentiment0.61Based on 10 Articles This WeekInsider TradingSelling Shares$695,577 Sold Last QuarterProj. Earnings Growth100.00%From $0.23 to $0.46 Per ShareSee Full Details Hide Full Details Overall MarketRank™MarketRank is calculated as an average of available category scores, with extra weight given to analysis and valuation.2.08 out of 5 starsConsumer Discretionary Sector136th out of 229 stocksHousehold Audio & Video Equipment Industry4th out of 6 stocks 2.3 Analyst's Opinion Consensus RatingSonos has received a consensus rating of Moderate Buy. The company's average rating score is 2.60, and is based on 3 buy ratings, 2 hold ratings, and no sell ratings.Price Target Upside/DownsideAccording to analysts' consensus price target of $18.60, Sonos has a forecasted upside of 16.3% from its current price of $15.99.Amount of Analyst CoverageSonos has only been the subject of 3 research reports in the past 90 days. Previous Next 3.0 Short Interest Percentage of Shares Shorted8.51% of the float of Sonos has been sold short.Short Interest Ratio / Days to CoverSonos has a short interest ratio ("days to cover") of 4.7.Change versus previous monthShort interest in Sonos has recently decreased by 17.28%, 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 2.6 News and Social Media Coverage News SentimentSonos has a news sentiment score of 0.61. 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 news sentiment score is similar to the average news sentiment of Consumer Discretionary companies.News Coverage This WeekMarketBeat has tracked 10 news articles for Sonos this week, compared to 9 articles on an average week.Search Interest7 people have searched for SONO on MarketBeat in the last 30 days. This is an increase of 17% compared to the previous 30 days.MarketBeat FollowsOnly 5 people have added Sonos to their MarketBeat watchlist in the last 30 days. This is a decrease of -38% 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 $695,577.00 in company stock.Percentage Held by InsidersOnly 3.13% 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 100.00% in the coming year, from $0.23 to $0.46 per share.Price to Earnings Ratio vs. the MarketThe P/E ratio of Sonos is -159.88, 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 -159.88, which means that its earnings are negative and its P/E ratio cannot be compared to companies with positive earnings.Price to Earnings Growth RatioSonos has a PEG Ratio of 17.19. PEG Ratios above 1 indicate that a company could be overvalued.Price to Book Value per Share RatioSonos has a P/B Ratio of 3.96. 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 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 HeadlinesDecember 7, 2023 | finance.yahoo.comA Look At The Fair Value Of Sonos, Inc. (NASDAQ:SONO)December 6, 2023 | msn.comSonos set-top streaming box: rumours, leaks and what we want from the Apple TV rivalDecember 8, 2023 | Edge On The Street (Ad)An Unusual Way to Invest in GoldMost financial experts recommend including gold in your investment mix to protect against rising prices and keep wealth secure. Investors are discovering a little-known way to benefit from gold, which offers the chance to gain from higher gold prices and mining successes while avoiding the costs of operating mines. December 5, 2023 | msn.comSonos Roam: Understanding the Flashing Orange LightDecember 5, 2023 | finance.yahoo.comBear of the Day: Sonos, Inc. (SONO)December 3, 2023 | appleinsider.comSonos plans wave of audio product launches for 2024December 3, 2023 | appleinsider.comSonos prepares for multiple audio launches in 2024December 2, 2023 | americanbankingnews.comSonos, Inc. (NASDAQ:SONO) Given Consensus Rating of "Moderate Buy" by BrokeragesDecember 8, 2023 | Edge On The Street (Ad)Hunting for Domestic Vanadium - The U.S. Govt. Did WHAT?A little-known metal called vanadium is vital to American national security and energy independence. But right now, China and Russia dominate our supply. The U.S. Govt. is so serious about vanadium, it funded and recently completed an "Earth MRI" survey to seek out new sources of this energy metal - in Wyoming.December 1, 2023 | msn.comWhy I recommend the Sonos Era 100 to most people this holiday seasonNovember 30, 2023 | finance.yahoo.comSonos Reports Progress Made Against Climate Action Plan, Showcases Commitment to Product Longevity and SustainabilityNovember 29, 2023 | msn.comGet a Sonos Era 100 for 25% off as a Cyber Monday dealNovember 29, 2023 | yahoo.com15 Great Hanukkah Gift Ideas: From Sonos Speakers to Rare Beauty MakeupNovember 29, 2023 | 9to5mac.comApple iPhone 15 silicone cases hit $32, Sonos Arc from $509, Anker chargers, moreNovember 29, 2023 | news.yahoo.comThe Sonos Five speaker is 20 percent off today only for Cyber MondayNovember 29, 2023 | msn.comSonos’ original Move speaker is up to $160 off as a refurbNovember 29, 2023 | finance.yahoo.comZacks Industry Outlook Highlights Panasonic, Sonos and GoProNovember 28, 2023 | msn.comThe 38 best Cyber Monday Samsung deals still available: Galaxy S23 Ultra, TU690T TV, and moreNovember 28, 2023 | msn.comBest Cyber Monday Tech Deals to Shop: Apple AirPods, Smart TVs, Portable Speakers and MoreNovember 28, 2023 | yahoo.comSonos Beam 2 has extra discount in Cyber Monday price slash – now I can finally afford oneNovember 27, 2023 | chron.comSkipped Black Friday? Today’s Cyber Monday Sales Offer Second ChanceNovember 27, 2023 | msn.comSave $180 on the Sonos Arc soundbar today only!November 27, 2023 | msn.comBest AO deals for Black Friday Cyber Monday 2023: Offers on appliances, tech and moreNovember 27, 2023 | msn.comThese Fall and Winter Essentials Are All on Sale for Cyber Monday: From Madewell to SkimsNovember 27, 2023 | finance.yahoo.comSonos Announces Participation in Raymond James TMT and Consumer ConferenceNovember 27, 2023 | msn.comThis $128 Roku smart TV Cyber Monday 2023 deal at Walmart will sell out quickNovember 26, 2023 | msn.comCyber Monday sales could top Black Friday, set new revenue recordSee 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 Earnings11/16/2021Today12/08/2023Next Earnings (Estimated)2/14/2024Fiscal Year End9/30/2024Get Stock AlertsIndustry, Sector and Symbol Stock ExchangeNASDAQ Industry Household audio & video equipment Sub-IndustryN/A SectorConsumer Discretionary Current SymbolNASDAQ:SONO CUSIPN/A CIK1055355 Webwww.sonos.com Phone(805) 965-3001FaxN/AEmployees1,867Year Founded2002Price Target and Rating Average Stock Price Target$18.60 High Stock Price Target$24.00 Low Stock Price Target$12.00 Potential Upside/Downside+16.3%Consensus RatingModerate Buy Rating Score (0-4)2.60 Research Coverage5 Analysts Profitability EPS (Most Recent Fiscal Year)($0.10) Trailing P/E RatioN/A Forward P/E Ratio69.52 P/E Growth17.19Net Income$-10,270,000.00 Net Margins-0.62% Pretax Margin0.27% Return on Equity3.59% Return on Assets1.95% Debt Debt-to-Equity RatioN/A Current Ratio1.86 Quick Ratio0.88 Sales & Book Value Annual Sales$1.66 billion Price / Sales1.21 Cash Flow$0.74 per share Price / Cash Flow21.50 Book Value$4.04 per share Price / Book3.96Miscellaneous Outstanding Shares125,150,000Free Float121,233,000Market Cap$2.00 billion OptionableOptionable Beta1.97 Social Links Metaverse Stocks And Why You Can't Ignore ThemThinking about investing in Meta, Roblox, or Unity? Click the link to learn what streetwise investors need to know about the metaverse and public markets before making an investment.Get This Free Report Key ExecutivesMr. Patrick Spence (Age 48)CEO, President & Director Comp: $574.58kMr. Edward P. Lazarus (Age 64)CFO, Chief Legal Officer & Corporate Secretary Comp: $408.39kMr. Nicholas Millington (Age 46)Chief Innovation Officer Comp: $400.41kMs. Deirdre Findlay (Age 49)Chief Commercial Officer Comp: $75kMr. Thomas CullenCo-Founder and VP of Sales & MarketingMr. Christopher Scott Mason (Age 56)Senior VP, Chief Accounting Officer, Treasurer & Principal Accounting Officer Mr. Michael GroeningerVice President of Corporate FinanceMr. Cammeron Finnegan McLaughlinVP of Investor RelationsMs. Shamayne BramanChief People OfficerMr. Maxime Bouvat-Merlin (Age 47)Chief Product Officer More ExecutivesKey CompetitorsVIZIONYSE:VZIOMillerKnollNASDAQ:MLKNCimpressNASDAQ:CMPRVictoria's Secret & Co.NYSE:VSCOCedar FairNYSE:FUNView All CompetitorsInsiders & InstitutionsCitigroup Inc.Bought 20,888 shares on 12/6/2023Ownership: 0.092%Joanna ColesSold 905 sharesTotal: $14,172.30 ($15.66/share)Wellington Management Group LLPBought 576,939 shares on 12/1/2023Ownership: 2.190%American Century Companies Inc.Sold 1,418 shares on 11/30/2023Ownership: 0.021%Deutsche Bank AGBought 7,682 shares on 11/24/2023Ownership: 0.055%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 analysts have issued "buy," "hold," and "sell" ratings for Sonos in the last year. There are currently 2 hold ratings and 3 buy ratings for the stock. The consensus among Wall Street 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 12-month price targets for Sonos' stock. Their SONO share price targets range from $12.00 to $24.00. On average, they expect the company's stock price to reach $18.60 in the next twelve months. This suggests a possible upside of 16.3% 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 2023? Sonos' stock was trading at $16.90 at the beginning of 2023. Since then, SONO stock has decreased by 5.4% and is now trading at $15.99. View the best growth stocks for 2023 here. Are investors shorting Sonos? Sonos saw a decrease in short interest during the month of November. As of November 15th, there was short interest totaling 9,910,000 shares, a decrease of 17.3% from the October 31st total of 11,980,000 shares. Based on an average daily trading volume, of 2,130,000 shares, the short-interest ratio is currently 4.7 days. Approximately 8.5% of the company's shares are sold short. View Sonos' Short Interest. When is Sonos' next earnings date? The company is scheduled to release its next quarterly earnings announcement on Wednesday, February 14th 2024. View our SONO earnings forecast. How were Sonos' earnings last quarter? Sonos, Inc. (NASDAQ:SONO) announced its earnings results on Tuesday, November, 16th. The company reported ($0.07) EPS for the quarter, topping analysts' consensus estimates of ($0.11) by $0.04. The business earned $359.54 million during the quarter, compared to analysts' expectations of $360.23 million. Sonos had a negative net margin of 0.62% and a positive trailing twelve-month return on equity of 3.59%. The business's revenue was up 5.8% on a year-over-year basis. During the same period last year, the business posted $0.15 EPS. 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 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 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 number of institutional and retail investors. Top institutional investors include Trigran Investments Inc. (5.22%), Hawk Ridge Capital Management LP (3.19%), Wellington Management Group LLP (2.19%), Jacobs Levy Equity Management Inc. (2.09%), Schroder Investment Management Group (1.48%) and Bank of New York Mellon Corp (1.24%). Insiders that own company stock include Anna Fraser, Brittany Bagley, Edward P Lazarus, Joanna Coles, Julius Genachowski, Matthew O Siegel, Matthew O Siegel, Maxime Bouvat-Merlin, Michelangelo Volpi, 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 WeBull, Vanguard Brokerage Services, TD Ameritrade, E*TRADE, Robinhood, Fidelity, and Charles Schwab. 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 12/8/2023 by MarketBeat.com Staff 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. Get 30 Days of MarketBeat All Access Free Sign up for MarketBeat All Access to gain access to MarketBeat's full suite of research tools: Best-in-Class Portfolio Monitoring View the latest news, buy/sell ratings, SEC filings and insider transactions for your stocks. Compare your portfolio performance to leading indices and get personalized stock ideas based on your portfolio. Stock Ideas and Recommendations Get daily stock ideas from top-performing Wall Street analysts. Get short term trading ideas from the MarketBeat Idea Engine. View which stocks are hot on social media with MarketBeat's trending stocks report. 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