Sonos, Inc. (SONO)
Market Cap | 1.47B |
Revenue (ttm) | 1.57B |
Net Income (ttm) | -16.29M |
Shares Out | 121.01M |
EPS (ttm) | -0.13 |
PE Ratio | n/a |
Forward PE | 34.57 |
Dividend | n/a |
Ex-Dividend Date | n/a |
Volume | 1,616,319 |
Open | 11.85 |
Previous Close | 11.78 |
Day's Range | 11.84 - 12.15 |
52-Week Range | 9.78 - 19.76 |
Beta | 2.05 |
Analysts | Buy |
Price Target | 20.33 (+67.6%) |
Earnings Date | Aug 7, 2024 |
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. 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 So... [Read more]
Financial Performance
Financial StatementsAnalyst Forecast
According to 3 analysts, the average rating for SONO stock is "Buy." The 12-month stock price forecast is $20.33, which is an increase of 67.60% from the latest price.
News
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 ...
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...
Sonos CEO Patrick Spence confirms 100-person layoff
Sonos has laid off 100 employees, 14 months after reducing its 1,800 headcount by seven. The home audio company confirmed the news with TechCrunch, following an initial report by The Verge.
Sonos: Technical Missteps Are Overshadowing Strong Sales And Great Value
Shares of Sonos declined sharply after posting Q3 results, bringing YTD losses to nearly 30%. The company's app redesign caused a number of glitches, hurting near-term sales and forcing a delay of the...
Sonos Delays Products, Cuts Guidance as It Scrambles To Fix Buggy App
Sonos (SONO) shares slumped on Thursday, a day after the maker of headphones and home sound systems cut its guidance and delayed two hardware releases as it races to fix bugs in its app.
Sonos, Inc. (SONO) Q3 2024 Earnings Call Transcript
Sonos, Inc. (NASDAQ:SONO) Q3 2024 Earnings Conference Call August 7, 2024 5:00 PM ET Corporate Participants James Baglanis - Head-Investor Relations Patrick Spence - Chief Executive Officer Saori Cas...
Sonos Reports Third Quarter Fiscal 2024 Results
SANTA BARBARA, Calif.--(BUSINESS WIRE)--Sonos, Inc. (Nasdaq: SONO) today reported third quarter fiscal 2024 results. “Thanks to Ace, our long-awaited entry into headphones, we reported year over year ...
Sonos Announces Date for Third Quarter Fiscal 2024 Financial Results and Conference Call
SANTA BARBARA, Calif.--(BUSINESS WIRE)--Sonos, Inc. (Nasdaq: SONO) today announced that after market close on Wednesday, August 7, 2024 the company will report financial results for the third quarter ...
Sonos Announces Participation in Maxim Group Virtual Tech Conference
SANTA BARBARA, Calif.--(BUSINESS WIRE)--Sonos, Inc. (Nasdaq: SONO) today announced that Saori Casey, Chief Financial Officer, and James Baglanis, Head of Investor Relations and Treasury, will particip...
From Blackberry to Wall Street with Sonos' CEO: Opening Bid
Sonos (SONO) recently unveiled a completely overhauled redesign of its app, replacing the old version without notice, which received mixed reviews from its users. The company recently posted its secon...
Sonos Picks a Good Time to Plug Into Headphones
The premium-headphone market is soaring while Sonos speaker sales are sagging, but the competition with Apple will be fierce.
Sonos Makes its Highly-Anticipated Headphones Debut with Sonos Ace
SANTA BARBARA, Calif.--(BUSINESS WIRE)--Sonos announced the launch of its first-ever headphones, Sonos Ace, marking the brand's long-awaited entry into the personal listening category.
Sonos Reports Second Quarter Fiscal 2024 Results
SANTA BARBARA, Calif.--(BUSINESS WIRE)--Sonos, Inc. (Nasdaq: SONO) today reported second quarter fiscal 2024 results. “Thanks to the hard work of our team, and the strength of our brand and product po...
Sonos Unveils Completely Reimagined Sonos App, Bringing Services, Content and System Controls to One Customizable Home Screen
SANTA BARBARA, Calif.--(BUSINESS WIRE)--Sonos reveals its most extensive app redesign ever, allowing listeners to curate their content from over 100 services on one customizable Home screen.
Sonos Announces Date for Second Quarter Fiscal 2024 Financial Results and Conference Call
SANTA BARBARA, Calif.--(BUSINESS WIRE)--Sonos, Inc. (Nasdaq: SONO) today announced that after market close on Tuesday, May 7, 2024 the company will report financial results for the second quarter ende...
Faraday Partnered with SONIX to Create a New Product Featuring Its SONOS eFlash Solution
HSINCHU, Taiwan--(BUSINESS WIRE)--Faraday Technology Corporation (TWSE: 3035), a leading ASIC design service and IP provider, announced today the successful mass production of Sonix's application-spec...
Surging Stocks: These Music Industry Picks See Boost After Exceeding Expectations - Exchange Traded Concepts Trust MUSQ Global Music Industry ETF (ARCA:MUSQ)
Spotify Technology SPOT easily exceeded guidance set for new users. The company added 10 million – 1 million were expected – active users to its platform in Q4, bringing its 2023 number up to 31 milli...
Sonos Announces Participation in Morgan Stanley Technology, Media & Telecom Conference
SANTA BARBARA, Calif.--(BUSINESS WIRE)--Sonos, Inc. (Nasdaq: SONO) today announced that Patrick Spence, Chief Executive Officer, and Saori Casey, Chief Financial Officer, will participate in the Morga...
Sonos Appoints Bracken Darrell to Board of Directors
SANTA BARBARA, Calif.--(BUSINESS WIRE)--Sonos, Inc. (Nasdaq: SONO) today announced the appointment of Bracken Darrell, President and CEO of VF Corporation, to its Board, effective Feb. 12, 2024. “With...
Jim Cramer lists his top 10 stocks that have jumped this week
'Mad Money' host Jim Cramer looks at the stocks that have jumped this week as the bull market continues to run.
Final Trades: West Pharma, Sonos, Thermo Fisher and TransDigm
Today's “Halftime Report” Investment Committee, Steve Weiss, Joe Terranova, Brian Belski and Karen Firestone give their top picks to watch for the second half.
Sonos Stock Soars. Its Results ‘Hit All the Right Notes.
The maker of wireless audio speakers easily beat quarterly estimates for earnings and sales.
Sonos, Inc. (SONO) Q1 2024 Earnings Call Transcript
Sonos, Inc. (SONO) Q1 2024 Earnings Call Transcript
Sonos spikes on revenue beat
Sonos shares rose after the speaker company reported first-quarter fiscal 2024 sales and earnings that exceeded Wall Street expectations.
Sonos Reports First Quarter Fiscal 2024 Results
SANTA BARBARA, Calif.--(BUSINESS WIRE)--Sonos, Inc. (Nasdaq: SONO) today reported first quarter fiscal 2024 results. First Quarter Fiscal 2024 Financial Highlights (unaudited) Revenue decreased 8.9% y...