NASDAQ:SONO

Sonos Stock Forecast, Price & News

$33.59
-0.96 (-2.78 %)
(As of 06/17/2021 12:00 AM ET)
Add
Compare
Today's Range
$33.50
$34.74
50-Day Range
$31.49
$43.89
52-Week Range
$11.91
$44.72
Volume1.38 million shs
Average Volume2.76 million shs
Market Capitalization$4.19 billion
P/E Ratio44.20
Dividend YieldN/A
Beta1.91
30 days | 90 days | 365 days | Advanced Chart
Receive SONO 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.


Sonos logo

About Sonos

Sonos, Inc., together with its subsidiaries, designs, develops, manufactures, and sells multi-room audio products in the Americas, Europe, the Middle East, Africa, and the Asia Pacific. The company provides wireless speakers, home theater speakers, components, and accessories. It 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 sonos.com. The company was formerly known as Rincon Audio, Inc. and changed its name to Sonos, Inc. in May 2004. Sonos, Inc. was founded in 2002 and is headquartered in Santa Barbara, California.

Headlines

See More Headlines

Industry, Sector and Symbol

Sales & Book Value

Profitability

Debt

Price-To-Earnings

Miscellaneous


MarketRank

Overall MarketRank

1.39 out of 5 stars

Consumer Discretionary Sector

195th out of 597 stocks

Household Audio & Video Equipment Industry

7th out of 18 stocks

Analyst Opinion: 1.3Community Rank: 2.8Dividend Strength: 0.0Insider Behavior: 1.7Valuation: 1.3 5 -4 -3 -2 -1 -
speech bubbles
speech bubbles











Sonos (NASDAQ:SONO) Frequently Asked Questions

Is Sonos a buy right now?

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

What stocks does MarketBeat like better than Sonos?

Wall Street analysts have given Sonos a "Buy" rating, but there may be better buying opportunities in the stock market. Some of MarketBeat's past winning trading ideas have resulted in 5-15% weekly gains. MarketBeat just released five new stock ideas, but Sonos wasn't one of them. MarketBeat thinks these five companies may be even better buys.
View MarketBeat's top stock picks here.

Are investors shorting Sonos?

Sonos saw a decrease in short interest during the month of May. As of May 28th, there was short interest totaling 6,540,000 shares, a decrease of 16.0% from the May 13th total of 7,790,000 shares. Based on an average trading volume of 2,560,000 shares, the days-to-cover ratio is presently 2.6 days. Currently, 5.3% of the shares of the company are short sold.
View Sonos' Short Interest
.

When is Sonos' next earnings date?

Sonos is scheduled to release its next quarterly earnings announcement on Wednesday, August 4th 2021.
View our earnings forecast for Sonos
.

How were Sonos' earnings last quarter?

Sonos, Inc. (NASDAQ:SONO) announced its quarterly earnings data on Wednesday, May, 12th. The company reported $0.31 earnings per share for the quarter, beating the consensus estimate of ($0.22) by $0.53. The firm had revenue of $332.95 million for the quarter, compared to analyst estimates of $248.48 million. Sonos had a trailing twelve-month return on equity of 43.14% and a net margin of 7.08%. The firm's revenue was up 90.2% on a year-over-year basis. During the same period in the previous year, the business posted ($0.48) EPS.
View Sonos' earnings history
.

How has Sonos' stock price been impacted by Coronavirus (COVID-19)?

Sonos' stock was trading at $9.84 on March 11th, 2020 when Coronavirus (COVID-19) reached pandemic status according to the World Health Organization. Since then, SONO shares have increased by 241.4% and is now trading at $33.59.
View which stocks have been most impacted by COVID-19
.

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

Sonos updated its FY 2021 earnings guidance on Tuesday, June, 8th. The company provided earnings per share (EPS) guidance of $- for the period. The company issued revenue guidance of $1.63 billion-1.68 billion, compared to the consensus revenue estimate of $1.56 billion.

What price target have analysts set for SONO?

8 brokerages have issued 12-month target prices for Sonos' shares. Their forecasts range from $16.00 to $47.00. On average, they anticipate Sonos' share price to reach $29.43 in the next twelve months. This suggests that the stock has a possible downside of 12.4%.
View analysts' price targets for Sonos
or view top-rated stocks among Wall Street analysts.

Who are Sonos' key executives?

Sonos' management team includes the following people:
  • Mr. Patrick Spence, CEO, Pres & Director (Age 46, Pay $633.76k)
  • Ms. Brittany Bagley, Chief Financial Officer (Age 38, Pay $785k)
  • Mr. Edward P. Lazarus, Chief Legal Officer & Corp. Sec. (Age 62, Pay $642.78k)
  • Mr. Nicholas Millington, Chief Innovation Officer (Age 44, Pay $675.73k)
  • Mr. Thomas Cullen, Co-Founder and VP of Sales & Marketing
  • Mr. Maxime Bouvat-Merlin, Sr. VP of Hardware & Operations (Age 45)
  • Mr. Michael Groeninger, VP of Corp. Fin.
  • Mr. Cammeron Finnegan McLaughlin, VP of Investor Relations
  • Ms. Anna Fraser, Chief People Officer (Age 39)
  • Mr. Ingvar Meijers, Managing Director of Sales and Operations for EMEA

What is Patrick Spence's approval rating as Sonos' CEO?

79 employees have rated Sonos CEO Patrick Spence on Glassdoor.com. Patrick Spence has an approval rating of 98% among Sonos' employees. This puts Patrick Spence in the top 20% of approval ratings compared to other CEOs of publicly-traded companies.

Who are some of Sonos' key competitors?

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), The Boeing (BA), DocuSign (DOCU), Square (SQ), Alibaba Group (BABA), PayPal (PYPL), QUALCOMM (QCOM) and Micron Technology (MU).

When did Sonos IPO?

(SONO) raised $250 million in an 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.

What is Sonos' stock symbol?

Sonos trades on the NASDAQ under the ticker symbol "SONO."

Who are Sonos' major shareholders?

Sonos' stock is owned by a number of retail and institutional investors. Top institutional investors include BlackRock Inc. (9.77%), Lord Abbett & CO. LLC (4.28%), Morgan Stanley (2.26%), Renaissance Technologies LLC (1.92%), JPMorgan Chase & Co. (1.75%) and Nuveen Asset Management LLC (1.62%). Company insiders that own Sonos stock include 2006 Fund LP Kkr, Anna Fraser, David Perri, John Maeda, Julius Genachowski, Matthew O Siegel, Michelangelo Volpi, Nicholas Millington and Patrick Spence.
View institutional ownership trends for Sonos
.

Which major investors are selling Sonos stock?

SONO stock was sold by a variety of institutional investors in the last quarter, including Hawk Ridge Capital Management LP, Trigran Investments Inc., Renaissance Technologies LLC, Morgan Stanley, Aristotle Capital Boston LLC, Voloridge Investment Management LLC, Cubist Systematic Strategies LLC, and Deroy & Devereaux Private Investment Counsel Inc.. Company insiders that have sold Sonos company stock in the last year include Anna Fraser, John Maeda, Julius Genachowski, Matthew O Siegel, Michelangelo Volpi, Nicholas Millington, and Patrick Spence.
View insider buying and selling activity for Sonos
or view top insider-selling stocks.

Which major investors are buying Sonos stock?

SONO stock was purchased by a variety of institutional investors in the last quarter, including BlackRock Inc., Lord Abbett & CO. LLC, JPMorgan Chase & Co., Sandler Capital Management, ANTIPODES PARTNERS Ltd, Acadian Asset Management LLC, Healthcare of Ontario Pension Plan Trust Fund, and Geode Capital Management LLC.
View insider buying and selling activity for Sonos
or or view top insider-buying stocks.

How do I buy shares of Sonos?

Shares of SONO 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.

What is Sonos' stock price today?

One share of SONO stock can currently be purchased for approximately $33.59.

How much money does Sonos make?

Sonos has a market capitalization of $4.19 billion and generates $1.33 billion in revenue each year. The company earns $-20,110,000.00 in net income (profit) each year or ($0.18) on an earnings per share basis.

How many employees does Sonos have?

Sonos employs 1,427 workers across the globe.

What is Sonos' official website?

The official website for Sonos is www.sonos.com.

Where are Sonos' headquarters?

Sonos is headquartered at 614 CHAPALA STREET, SANTA BARBARA CA, 93101.

How can I contact Sonos?

Sonos' mailing address is 614 CHAPALA STREET, SANTA BARBARA CA, 93101. The company can be reached via phone at (805) 965-3001 or via email at [email protected]


This page was last updated on 6/18/2021 by MarketBeat.com Staff
MarketBeat - Stock Market News and Research Tools logo

MarketBeat empowers individual investors to make better trading decisions by providing real-time financial data and objective market analysis. Whether you’re looking for analyst ratings, corporate buybacks, dividends, earnings, economic reports, financials, insider trades, IPOs, SEC filings or stock splits, MarketBeat has the objective information you need to analyze any stock. Learn more about MarketBeat.

MarketBeat is accredited by the Better Business Bureau

© American Consumer News, LLC dba MarketBeat® 2010-2021. All rights reserved.
326 E 8th St #105, Sioux Falls, SD 57103 | U.S. Based Support Team at [email protected] | (844) 978-6257
MarketBeat does not provide personalized financial advice and does not issue recommendations or offers to buy stock or sell any security.

Our Accessibility Statement | Terms of Service | Do Not Sell My Information

© 2021 Market data provided is at least 10-minutes delayed and hosted by Barchart Solutions. Information is provided 'as-is' and solely for informational purposes, not for trading purposes or advice, and is delayed. To see all exchange delays and terms of use please see disclaimer. Fundamental company data provided by Zacks Investment Research. As a bonus to opt-ing into our email newsletters, you will also get a free subscription to the Liberty Through Wealth e-newsletter. You can opt out at any time.