S&P 500   5,254.35
DOW   39,807.37
QQQ   444.01
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S&P 500   5,254.35
DOW   39,807.37
QQQ   444.01
Stock market today: Asian shares are mostly higher after another set of Wall St records
Delta Airline’s Put Option Activity Isn’t Bad News
3 Value Stocks Too Small For Buffett’s Portfolio
Disney Stock Catches 3 Upgrades In a Single Week
7 Stocks That Will Drive the Weight Loss Drugs Market
Walgreens Boots Alliance: Deep Value With Nowhere to Go But Up
Krispy Kreme's Sweet Deal: McDonald's Partnership Sparks Growth?
S&P 500   5,254.35
DOW   39,807.37
QQQ   444.01
Stock market today: Asian shares are mostly higher after another set of Wall St records
Delta Airline’s Put Option Activity Isn’t Bad News
3 Value Stocks Too Small For Buffett’s Portfolio
Disney Stock Catches 3 Upgrades In a Single Week
7 Stocks That Will Drive the Weight Loss Drugs Market
Walgreens Boots Alliance: Deep Value With Nowhere to Go But Up
Krispy Kreme's Sweet Deal: McDonald's Partnership Sparks Growth?
S&P 500   5,254.35
DOW   39,807.37
QQQ   444.01
Stock market today: Asian shares are mostly higher after another set of Wall St records
Delta Airline’s Put Option Activity Isn’t Bad News
3 Value Stocks Too Small For Buffett’s Portfolio
Disney Stock Catches 3 Upgrades In a Single Week
7 Stocks That Will Drive the Weight Loss Drugs Market
Walgreens Boots Alliance: Deep Value With Nowhere to Go But Up
Krispy Kreme's Sweet Deal: McDonald's Partnership Sparks Growth?
NASDAQ:SONO

Sonos (SONO) Stock Price, News & Analysis

$19.06
-0.16 (-0.83%)
(As of 03/28/2024 ET)
Today's Range
$19.03
$19.35
50-Day Range
$15.58
$19.51
52-Week Range
$9.78
$21.98
Volume
1.36 million shs
Average Volume
2.19 million shs
Market Capitalization
$2.36 billion
P/E Ratio
N/A
Dividend Yield
N/A
Price Target
$21.00

Sonos MarketRank™ Stock Analysis

Analyst Rating
Moderate Buy
2.80 Rating Score
Upside/​Downside
10.2% Upside
$21.00 Price Target
Short Interest
Healthy
4.70% of Float Sold Short
Dividend Strength
N/A
Sustainability
N/A
News Sentiment
0.51mentions of Sonos in the last 14 days
Based on 18 Articles This Week
Insider Trading
Selling Shares
$129,984 Sold Last Quarter
Proj. Earnings Growth
80.65%
From $0.31 to $0.56 Per Share

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.

2.39 out of 5 stars

Consumer Discretionary Sector

177th out of 267 stocks

Household Audio & Video Equipment Industry

4th out of 7 stocks

SONO stock logo

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.

SONO Stock Price History

SONO Stock News Headlines

Warning: this could blow your mind
Buckle up… ‘Cause this might shatter everything you’ve heard about “income trading”. In fact, it’s such an extreme diversion from what most people think of typical income trades that I call it: The Perfect Income Trade You see, most of the income techniques out there target a couple of percent. Maybe 5 - 10 percent if you’re lucky. But this new way of trading income on the world’s top stocks goes after more than 10x that kind of return. And here’s the best news of all: This trade can target an opportunity like that every week. Every single week. Meaning an investor has the chance to “stack up” these more aggressive income trades over and over. If that sounds interesting…
Deal of the day: Sonos Beam 2 soundbar drops to $399
Warning: this could blow your mind
Buckle up… ‘Cause this might shatter everything you’ve heard about “income trading”. In fact, it’s such an extreme diversion from what most people think of typical income trades that I call it: The Perfect Income Trade You see, most of the income techniques out there target a couple of percent. Maybe 5 - 10 percent if you’re lucky. But this new way of trading income on the world’s top stocks goes after more than 10x that kind of return. And here’s the best news of all: This trade can target an opportunity like that every week. Every single week. Meaning an investor has the chance to “stack up” these more aggressive income trades over and over. If that sounds interesting…
4 Analysts Assess Sonos: What You Need To Know
The Sonos Roam 2 may launch in June
See More Headlines
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Company Calendar

Last Earnings
2/06/2024
Today
3/29/2024
Next Earnings (Estimated)
5/08/2024
Fiscal Year End
9/30/2024

Industry, Sector and Symbol

Industry
Household audio & video equipment
Sub-Industry
N/A
Current Symbol
NASDAQ:SONO
Fax
N/A
Employees
1,867
Year Founded
2002

Price Target and Rating

Average Stock Price Target
$21.00
High Stock Price Target
$25.00
Low Stock Price Target
$12.00
Potential Upside/Downside
+10.2%
Consensus Rating
Moderate Buy
Rating Score (0-4)
2.80
Research Coverage
5 Analysts

Profitability

Net Income
$-10,270,000.00
Pretax Margin
-0.90%

Debt

Sales & Book Value

Annual Sales
$1.66 billion
Cash Flow
$0.74 per share
Book Value
$4.04 per share

Miscellaneous

Free Float
119,756,000
Market Cap
$2.36 billion
Optionable
Optionable
Beta
1.99

Social Links

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Key Executives

  • Mr. Patrick SpenceMr. Patrick Spence (Age 49)
    CEO, President & Director
    Comp: $621.86k
  • Mr. Edward P. Lazarus (Age 65)
    Chief Strategy Officer, Chief Legal Officer & Corporate Secretary
    Comp: $546.96k
  • Ms. Shamayne Braman (Age 35)
    Chief People Officer
    Comp: $459.28k
  • Mr. Nicholas MillingtonMr. Nicholas Millington (Age 47)
    Chief Innovation Officer
    Comp: $518.64k
  • Ms. Deirdre Findlay (Age 50)
    Chief Commercial Officer
    Comp: $75k
  • Mr. Maxime Bouvat-Merlin (Age 48)
    Chief Product Officer
    Comp: $523.88k
  • Mr. Thomas Cullen
    Co-Founder and VP of Sales & Marketing
  • Ms. Saori Casey (Age 56)
    Chief Financial Officer
  • Mr. Christopher Scott Mason (Age 57)
    Senior VP, Chief Accounting Officer, Treasurer & Principal Accounting Officer
  • Mr. Michael Groeninger
    Vice President of Corporate Finance

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 Wall Street research analysts have issued twelve-month price objectives for Sonos' stock. Their SONO share price targets range from $12.00 to $25.00. On average, they anticipate the company's share price to reach $21.00 in the next year. This suggests a possible upside of 10.2% 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 on January 1st, 2024. Since then, SONO stock has increased by 11.2% and is now trading at $19.06.
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 for the quarter, beating analysts' consensus estimates of $0.47 by $0.22. The business earned $612.87 million during the quarter, compared to analyst estimates of $588.96 million. Sonos had a negative net margin of 0.28% and a positive trailing twelve-month return on equity of 5.65%.

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

Sonos updated 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 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 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 3/29/2024 by MarketBeat.com Staff

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