NASDAQ:SONO Sonos (SONO) Stock Price, News & Analysis → my top trade on these 9 tickers (From DTI) (Ad) Free SONO Stock Alerts $19.22 +0.39 (+2.07%) (As of 03/27/2024 ET) Add Compare Share Share Today's Range$18.87▼$19.2450-Day Range$15.58▼$19.5152-Week Range$9.78▼$21.98Volume1.29 million shsAverage Volume2.16 million shsMarket Capitalization$2.38 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/Downside9.3% Upside$21.00 Price TargetShort InterestHealthy4.70% of Float Sold ShortDividend StrengthN/ASustainabilityN/ANews Sentiment0.56Based 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.1.34 out of 5 starsConsumer Discretionary Sector212th out of 266 stocksHousehold Audio & Video Equipment Industry5th out of 6 stocks 1.4 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 9.3% from its current price of $19.22.Amount of Analyst CoverageSonos has only been the subject of 2 research reports in the past 90 days. Previous Next 3.0 Short Interest Percentage of Shares Shorted4.70% of the float of Sonos has been sold short.Short Interest Ratio / Days to CoverSonos has a short interest ratio ("days to cover") of 2.7, which is generally considered an acceptable ratio of short interest to trading volume.Change versus previous monthShort interest in Sonos has recently increased by 1.60%, indicating that investor sentiment is decreasing. 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 2.5 News and Social Media Coverage News SentimentSonos has a news sentiment score of 0.56. 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 17 news articles for Sonos this week, compared to 12 articles on an average week.Search InterestOnly 2 people have searched for SONO on MarketBeat in the last 30 days. This is a decrease of -83% compared to the previous 30 days.MarketBeat Follows4 people have added Sonos to their MarketBeat watchlist in the last 30 days. This is an increase of 33% 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 Institutions85.82% 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 -640.45, 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 -640.45, 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 4.76. 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 Crypto 101 MediaMajor Elon Musk Crypto Leak RevealedReports of a leaked meeting between Elon Musk and staff at X.com could send shockwaves through the crypto market. Musk revealed a "mind-blowing" plan to take over the global payment system. In his own words, the world's richest man said "you won't need a bank account." Prominent voices in crypto believe what comes next will mirror a crypto mass adoption similar to the one that triggered bitcoin's last bull run.Click here now to get your copy. 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 27, 2024 | forbes.comSonos Era 300 Review: Impressive, Immersive And ImpactfulMarch 28, 2024 | DTI (Ad)CBOE shift unlocks new weekend income strategyYou might not immediately realize what you’re reading. Let me help you out a little… What you're looking at is a “special perk” set up by the Chicago Board of Options Exchange. You're probably wondering, “Okay… But how does that affect me?” This perk now allows everyday traders like yourself to target extra income over the weekend. March 26, 2024 | businesswire.comFaraday Partnered with SONIX to Create a New Product Featuring Its SONOS eFlash SolutionMarch 26, 2024 | americanbankingnews.comSonos (NASDAQ:SONO) Receives Buy Rating from Rosenblatt SecuritiesMarch 25, 2024 | msn.comReport: Sonos Headphones and New Roam 2 Speaker May Arrive in JuneMarch 25, 2024 | appleinsider.comDeal of the day: Sonos Beam 2 soundbar drops to $399March 25, 2024 | msn.comSonos Roam 2: release date rumours, potential price and what features to expectMarch 28, 2024 | Behind the Markets (Ad)The AI Defense Stock Set to SoarTo protect our interests, The Pentagon has partnered with this small AI defense contractor - creating some of the most powerful AI defenses ever made.March 25, 2024 | msn.comHurry! Best Buy’s deal of the day is $100 off a Sonos Beam soundbarMarch 25, 2024 | msn.comSonos tipped to launch a follow-up to our favorite portable Bluetooth speaker in June, plus new headphones and moreMarch 25, 2024 | markets.businessinsider.com4 Analysts Assess Sonos: What You Need To KnowMarch 24, 2024 | msn.comSonos’ Roam 2 portable speaker may arrive just in time for summerMarch 24, 2024 | msn.comThe Sonos Roam 2 may launch in JuneMarch 22, 2024 | 9to5mac.comFriday’s best deals drop AirPods 3 to $140, official iPhone 15 cases from $15, Sonos speakers, moreMarch 22, 2024 | msn.comYou can now finally use Sonos Voice Control with Spotify tunes – here's howMarch 22, 2024 | msn.comVictrola’s cheapest Sonos-ready turntable has fallen to yet another lowMarch 20, 2024 | yahoo.comBest Sonos deals: Save $360 on speakers, soundbars and moreMarch 19, 2024 | msn.comThe Sonos Sub Mini wireless subwoofer is 20% off — its lowest price of the year on AmazonMarch 19, 2024 | msn.comQuick! Save big on the five-star Sonos Arc with this latest dealMarch 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 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 AroundSee 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 Earnings2/06/2024Today3/28/2024Next 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+9.3%Consensus RatingModerate Buy Rating Score (0-4)2.80 Research Coverage5 Analysts Profitability EPS (Most Recent Fiscal Year)($0.03) Trailing P/E RatioN/A Forward P/E Ratio62.00 P/E GrowthN/ANet Income$-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 / Sales1.44 Cash Flow$0.74 per share Price / Cash Flow25.92 Book Value$4.04 per share Price / Book4.76Miscellaneous Outstanding Shares123,840,000Free Float119,756,000Market Cap$2.38 billion OptionableOptionable Beta1.99 Social Links 10 "Recession Proof" Stocks That Will Thrive in Any MarketWhich stocks are likely to thrive in today's challenging market? Click the link below and we'll send you MarketBeat's list of ten stocks that will drive in any economic environment.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:VZIOCimpressNASDAQ:CMPRMister Car WashNYSE:MCWManchester UnitedNYSE:MANUMasterBrandNYSE:MBCView All CompetitorsInsiders & InstitutionsHighPoint Advisor Group LLCBought 16,267 shares on 3/26/2024Ownership: 0.013%PNC Financial Services Group Inc.Bought 3,702 shares on 3/22/2024Ownership: 0.042%Vanguard 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)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 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 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 brokers have issued 1 year price objectives for Sonos' stock. Their SONO share price targets range from $12.00 to $25.00. On average, they predict the company's stock price to reach $21.00 in the next twelve months. This suggests a possible upside of 9.3% 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 2024? Sonos' stock was trading at $17.14 at the start of the year. Since then, SONO shares have increased by 12.1% and is now trading at $19.22. 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) posted its quarterly earnings data on Tuesday, February, 6th. The company reported $0.69 earnings per share for the quarter, beating the consensus estimate of $0.47 by $0.22. The company earned $612.87 million during the quarter, compared to the consensus estimate 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 earnings per share (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? Sonos (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 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 variety of institutional and retail investors. Top institutional investors 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 3/28/2024 by MarketBeat.com Staff From Our PartnersTrump’s “Tax Free” Retirement Strategy Gold Safe ExchangeTop Project Outperforms BTC in 2023…Crypto 101 MediaMake This $3 Trade the Instant the Opening Bell RingsMonument Traders AllianceThis AI Trade Machine Made 1,729%* (With 89% Wins)Prosper Trading Academy“The Stock Market’s Bull Run is Far from Over” -BarronsVertical Research AdvisorySHOCKING Footage From Tesla Gigafactory In Austin, TexasInvestorPlaceBuy this small stock before coming AI Tidal WaveChaikin AnalyticsThe 3rd Revolution in WarfareWeiss Ratings 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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