Sonos, Inc. (SONO)

NASDAQ: SONO · Real-Time Price · USD
11.93
-0.33 (-2.69%)
At close: Feb 21, 2025, 4:00 PM
12.01
+0.08 (0.67%)
After-hours: Feb 21, 2025, 5:57 PM EST
-2.69%
Market Cap 1.42B
Revenue (ttm) 1.46B
Net Income (ttm) -68.86M
Shares Out 119.08M
EPS (ttm) -0.57
PE Ratio n/a
Forward PE 37.28
Dividend n/a
Ex-Dividend Date n/a
Volume 2,533,496
Open 12.43
Previous Close 12.26
Day's Range 11.88 - 12.43
52-Week Range 10.23 - 19.76
Beta 1.97
Analysts Buy
Price Target 14.50 (+21.54%)
Earnings Date Feb 6, 2025

About 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. The company offers wireless, portable, and home theater speakers; and headphones, components, and accessories. It offers its products through physical stores, websites, online retailers, and custom installers. 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 headqu... [Read more]

Sector Technology
IPO Date Aug 2, 2018
Employees 1,708
Stock Exchange NASDAQ
Ticker Symbol SONO
Full Company Profile

Financial Performance

In 2024, Sonos's revenue was $1.52 billion, a decrease of -8.29% compared to the previous year's $1.66 billion. Losses were -$38.15 million, 271.3% more than in 2023.

Financial Statements

Analyst Forecast

According to 2 analysts, the average rating for SONO stock is "Buy." The 12-month stock price forecast is $14.5, which is an increase of 21.54% from the latest price.

Price Target
$14.5
(21.54% upside)
Analyst Consensus: Buy
Stock Forecasts

News

Sonos Will Survive This Transitional Period, But It Will Take Time

Shares of Sonos have continued to wobble after a very strong Q1 earnings print, reflecting investors' nervousness after the company's app update fiasco. The company achieved a strong earnings beat in ...

10 days ago - Seeking Alpha

Sonos, Inc. (SONO) Q1 2025 Earnings Call Transcript

Sonos, Inc. (NASDAQ:SONO) Q1 2025 Earnings Call February 6, 2025 4:15 PM ET Company Participants James Baglanis - Head, Investor Relations Tom Conrad - Interim Chief Executive Officer Saori Casey - C...

15 days ago - Seeking Alpha

Sonos Reports First Quarter Fiscal 2025 Results

SANTA BARBARA, Calif.--(BUSINESS WIRE)--Sonos, Inc. (Nasdaq: SONO) today reported First Quarter Fiscal 2025 results. “Yesterday we implemented important organizational changes that mark the start of a...

15 days ago - Business Wire

Sonos lays off 200 ahead of rumored set-top box release

Sonos announced that it has laid off 200 people in a letter posted to its site Wednesday. The news follows a 100-person layoff in August.

16 days ago - TechCrunch

Final Trades: Starbucks, Autozone, Sonos and Deckers

The Investment Committee give you their top stocks to watch for the second half of the market day.

Other symbols: AZODECKSBUX
17 days ago - CNBC Television

If Sonos' Board Sells, Will Apple Be the Buyer?

Will audio tech company Sonos soon have a new owner? If so, which tech giant will it be?

4 weeks ago - PYMNTS

Sonos Announces Date for First Quarter Fiscal 2025 Financial Results and Conference Call

SANTA BARBARA, Calif.--(BUSINESS WIRE)--Sonos, Inc. (Nasdaq: SONO) today announced that after market close on Thursday, February 6, 2025 the company will report financial results for the first quarter...

5 weeks ago - Business Wire

Sonos CEO to step down after disastrous app overhaul

Sonos Chief Executive Patrick Spence is stepping down and leaving the company's board in a shake-up that comes as the wireless speaker maker tries to win back the trust of its customers.

5 weeks ago - TechXplore

Sonos CEO Patrick Spence steps down after app update crisis: here's what we know so far

Sonos is facing a major leadership shift as CEO Patrick Spence steps down following a disastrous app update that severely affected customer experience and hampered the release of key products.

5 weeks ago - Invezz

Sonos CEO Patrick Spence steps down after app update debacle

Speaker maker Sonos said on Monday Patrick Spence will step down as its CEO after a disastrous app update last year sparked customer criticism and delayed the development and release of other products...

5 weeks ago - Reuters

Sonos Says CEO Patrick Spence Is Stepping Down

Sonos Chief Executive Patrick Spence is stepping down, ending an eight-year stint as its leader as the company recovers from a botched app launch that hurt its brand.

5 weeks ago - WSJ

Sonos Announces CEO Transition

SANTA BARBARA, Calif.--(BUSINESS WIRE)--Sonos, Inc. (Nasdaq: SONO) today announced that the Sonos Board of Directors and Patrick Spence have agreed that Mr. Spence will step down as Chief Executive Of...

5 weeks ago - Business Wire

Sonos Reports Environmental Progress On Headphones, New Products, and Climate Plan

SANTA BARBARA, Calif.--(BUSINESS WIRE)--Today, Sonos (NASDAQ: SONO) released its annual Listen Better Report, offering a comprehensive overview of the company's Environmental, Social, and Governance (...

3 months ago - Business Wire

Sonos to Launch Era 100 Pro, Its First-Ever Solution for Professional Installation, in January 2025

SANTA BARBARA, Calif.--(BUSINESS WIRE)--Sonos (Nasdaq: SONO) today announced that Era 100 Pro, its first-ever solution optimized for professional installation in light-commercial and residential space...

3 months ago - Business Wire

Sonos Begins a Very Long Road Back

The speaker maker's holiday quarter forecast is lifting its stock, but fallout from last spring's app fiasco still lingers.

3 months ago - WSJ

Sonos, Inc. (SONO) Q4 2024 Earnings Call Transcript

Sonos, Inc. (NASDAQ:SONO) Q4 2024 Earnings Conference Call November 13, 2024 5:00 PM ET Company Participants James Baglanis - Head, Investor Relations & Treasury Patrick Spence - Chief Executive Offi...

3 months ago - Seeking Alpha

Sonos Reports Fourth Quarter and Fiscal 2024 Results

SANTA BARBARA, Calif.--(BUSINESS WIRE)--Sonos, Inc. (Nasdaq: SONO) today reported fourth quarter and fiscal 2024 results. “Thanks to our team going all-in on our app recovery efforts, we made signific...

3 months ago - Business Wire

Earnings Preview: What To Expect From Sonos

Sonos is scheduled to report earnings after Wednesday's close. In 2021, the stock hit a record high near $44.72/share and is currently trading near $14/share.

3 months ago - Forbes

Sonos Announces Date for Fourth Quarter and Fiscal 2024 Financial Results and Conference Call

SANTA BARBARA, Calif.--(BUSINESS WIRE)--Sonos, Inc. (Nasdaq: SONO) today announced that after market close on Wednesday, November 13, 2024 the company will report financial results for the fourth quar...

4 months ago - Business Wire

Sonos Reveals Arc Ultra, its New Soundbar Featuring Sound Motion™

SANTA BARBARA, Calif.--(BUSINESS WIRE)--Sonos introduces Arc Ultra, a premium soundbar featuring new acoustic technology, along with Sub 4, the next generation of its iconic subwoofer.

4 months ago - Business Wire

Sonos Announces New Quality and Customer Experience Commitments

SANTA BARBARA, Calif.--(BUSINESS WIRE)--Sonos announces new quality and customer experience commitments resulting from an internal review of its app release in May.

5 months ago - Business Wire

Sonos outlines turnaround plan following app disaster

Sonos' May app relaunch will be studied as a business school cautionary tale for years to launch. The home audio firm prioritized netting new customers over its existing loyal fanbase as it added the ...

5 months ago - TechCrunch

Exclusive: Sonos CEO promises reforms after May app release 'failure'; leaders to forgo bonuses

Speaker-maker Sonos unveiled on Tuesday a broad series of reforms that it hopes will restore its reputation after a disastrous app update in May that torpedoed customer trust and caused the company to...

5 months ago - Reuters

Sonos and Sporty & Rich Serve Up Tenniscore Style with New Limited Edition Headphones

GOLETA, Calif.--(BUSINESS WIRE)--Sonos (Nasdaq: SONO) and Sporty & Rich, the ultimate authority on fashion meets function, today announced the release of the Sonos Ace x Sporty & Rich Limited Edition ...

6 months ago - Business Wire

Lenovo Group: First Quarter Financial Results 2024/25

HONG KONG--(BUSINESS WIRE)--Lenovo Group Limited (HKSE: 992) (ADR: LNVGY), together with its subsidiaries (‘the Group'), today announced Q1 results for fiscal year 2024/25, reporting profitability imp...

Other symbols: EA
6 months ago - Business Wire