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NASDAQ:SONO - Sonos Stock Price, Forecast & News

-1.03 (-7.37 %)
(As of 02/24/2020 03:29 AM ET)
Today's Range
Now: $12.94
50-Day Range
MA: $14.48
52-Week Range
Now: $12.94
Volume5.61 million shs
Average Volume2.10 million shs
Market Capitalization$1.42 billion
P/E RatioN/A
Dividend YieldN/A
Sonos, Inc, together with its subsidiaries, designs, develops, manufactures, and sells multi-room audio products in the United States and internationally. It provides wireless speakers, home theater speakers, and components. The company offers its products through third-party retail stores, including custom installers of home audio systems; and e-commerce retailers, as well as through its sonos.com Website. Read More…

Industry, Sector and Symbol

Industry Household audio & video equipment
SectorConsumer Discretionary
Current SymbolNASDAQ:SONO



Sales & Book Value

Annual Sales$1.26 billion
Cash Flow$0.28 per share
Book Value$3.34 per share


Net Income$-4,770,000.00


Market Cap$1.42 billion
Next Earnings Date5/14/2020 (Estimated)

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Sonos (NASDAQ:SONO) Frequently Asked Questions

What is Sonos' stock symbol?

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

How were Sonos' earnings last quarter?

Sonos Inc (NASDAQ:SONO) posted its quarterly earnings data on Wednesday, February, 5th. The company reported $0.60 EPS for the quarter, topping the Zacks' consensus estimate of $0.47 by $0.13. The firm had revenue of $562 million for the quarter, compared to analyst estimates of $545.49 million. Sonos had a return on equity of 1.42% and a net margin of 0.33%. The company's revenue was up 13.2% on a year-over-year basis. During the same quarter last year, the company earned $0.55 EPS. View Sonos' Earnings History.

When is Sonos' next earnings date?

Sonos is scheduled to release their next quarterly earnings announcement on Thursday, May 14th 2020. View Earnings Estimates for Sonos.

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

Sonos updated its FY 2020 After-Hours earnings guidance on Wednesday, February, 5th. The company provided earnings per share (EPS) guidance of for the period. The company issued revenue guidance of $1.365-1.4 billion, compared to the consensus revenue estimate of $1.38 billion.

What price target have analysts set for SONO?

4 analysts have issued 1-year target prices for Sonos' shares. Their forecasts range from $16.00 to $20.00. On average, they expect Sonos' stock price to reach $18.25 in the next twelve months. This suggests a possible upside of 41.0% from the stock's current price. View Analyst Price Targets for Sonos.

What is the consensus analysts' recommendation for Sonos?

4 Wall Street analysts have issued "buy," "hold," and "sell" ratings for Sonos in the last year. There are currently 1 hold rating, 2 buy ratings and 1 strong buy rating for the stock, resulting in a consensus recommendation of "Buy." View Analyst Ratings for Sonos.

Has Sonos been receiving favorable news coverage?

News articles about SONO stock have trended very negative on Monday, according to InfoTrie Sentiment Analysis. The research group identifies positive and negative press coverage by analyzing more than six thousand blog and news sources in real time. The firm ranks coverage of publicly-traded companies on a scale of -5 to 5, with scores nearest to five being the most favorable. Sonos earned a daily sentiment score of -3.0 on InfoTrie's scale. They also assigned media headlines about the company a news buzz of 0.0 out of 10, meaning that recent press coverage is extremely unlikely to have an effect on the company's share price in the next several days. View News Stories for Sonos.

Are investors shorting Sonos?

Sonos saw a drop in short interest in January. As of January 31st, there was short interest totalling 9,110,000 shares, a drop of 5.9% from the January 15th total of 9,680,000 shares. Based on an average trading volume of 1,639,000 shares, the days-to-cover ratio is presently 5.6 days. Currently, 12.3% of the shares of the stock are sold short. View Sonos' Current Options Chain.

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), AbbVie (ABBV), Alibaba Group (BABA), AT&T (T), Netflix (NFLX), Bank of America (BAC), Verizon Communications (VZ), Stitch Fix (SFIX), Cloudera (CLDR) and Uber Technologies (UBER).

Who are Sonos' key executives?

Sonos' management team includes the folowing people:
  • Mr. Patrick Spence, CEO, Pres & Director (Age 44)
  • Mr. Michael Giannetto, Chief Financial Officer (Age 56)
  • Mr. Matthew O. Siegel, Chief Commercial Officer (Age 46)
  • Mr. Nicholas Millington, Chief Product Officer (Age 42)
  • Mr. Thomas Cullen, Co-Founder and VP of Sales & Marketing

When did Sonos IPO?

(SONO) raised $250 million in an IPO 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 a number of of retail and institutional investors. Top institutional shareholders include State Street Corp (1.19%), Renaissance Technologies LLC (1.16%), Franklin Resources Inc. (1.09%), Hawk Ridge Capital Management LP (1.03%), Goldman Sachs Group Inc. (0.86%) and Geode Capital Management LLC (0.82%). Company insiders that own Sonos stock include David Perri, Michael Giannetto, Michelangelo Volpi, Nicholas Millington, Patrick Spence and Ventures Growth I (Jerse Index. 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, Landscape Capital Management L.L.C., Lord Abbett & CO. LLC, Acadian Asset Management LLC, Bank of America Corp DE, Bank of New York Mellon Corp, Cubist Systematic Strategies LLC and Spark Investment Management LLC. Company insiders that have sold Sonos company stock in the last year include David Perri, Michael Giannetto, Michelangelo Volpi, Nicholas Millington and Ventures Growth I (Jerse Index. View Insider Buying and Selling for Sonos.

Which major investors are buying Sonos stock?

SONO stock was acquired by a variety of institutional investors in the last quarter, including Renaissance Technologies LLC, Goldman Sachs Group Inc., Jacobs Levy Equity Management Inc., Oaktop Capital Management II L.P., THB Asset Management, Man Group plc, D L Carlson Investment Group Inc. and Trexquant Investment LP. View Insider Buying and Selling for Sonos.

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 Vanguard Brokerage Services, TD Ameritrade, E*TRADE, Robinhood, Fidelity and Charles Schwab.

What is Sonos' stock price today?

One share of SONO stock can currently be purchased for approximately $12.94.

How big of a company is Sonos?

Sonos has a market capitalization of $1.42 billion and generates $1.26 billion in revenue each year. The company earns $-4,770,000.00 in net income (profit) each year or ($0.05) on an earnings per share basis. Sonos employs 1,446 workers across the globe.View Additional Information About Sonos.

What is Sonos' official website?

The official website for Sonos is http://www.sonos.com/.

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]

MarketBeat Community Rating for Sonos (NASDAQ SONO)

Community Ranking:  2.9 out of 5 (star star)
Outperform Votes:  231 (Vote Outperform)
Underperform Votes:  168 (Vote Underperform)
Total Votes:  399
MarketBeat's community ratings are surveys of what our community members think about Sonos and other stocks. Vote "Outperform" if you believe SONO will outperform the S&P 500 over the long term. Vote "Underperform" if you believe SONO will underperform the S&P 500 over the long term. You may vote once every thirty days.
This page was last updated on 2/24/2020 by MarketBeat.com Staff

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