Sonos, Inc. (SONO)

NASDAQ: SONO · Real-Time Price · USD
12.13
+0.35 (2.97%)
Sep 16, 2024, 4:00 PM EDT - Market closed
2.97%
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]

Sector Technology
IPO Date Aug 2, 2018
Employees 1,867
Stock Exchange NASDAQ
Ticker Symbol SONO
Full Company Profile

Financial Performance

Financial Statements

Analyst 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.

Price Target
$20.33
(67.60% upside)
Analyst Consensus: Buy
Stock Forecasts

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 ...

4 weeks 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
4 weeks ago - Business Wire

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.

4 weeks ago - TechCrunch

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...

5 weeks ago - Seeking Alpha

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.

5 weeks ago - Investopedia

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...

5 weeks ago - Seeking Alpha

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 ...

5 weeks ago - Business Wire

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 ...

2 months ago - Business Wire

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...

3 months ago - Business Wire

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...

4 months ago - Yahoo Finance

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.

4 months ago - WSJ

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.

4 months ago - Business Wire

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...

4 months ago - Business Wire

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.

5 months ago - Business Wire

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...

5 months ago - Business Wire

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...

6 months ago - Business Wire

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...

Other symbols: AAPLAMZNMUSQSPOT
6 months ago - Benzinga

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...

7 months ago - Business Wire

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...

7 months ago - Business Wire

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.

7 months ago - CNBC Television

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.

Other symbols: TDGTMOWST
7 months ago - CNBC Television

Sonos Stock Soars. Its Results ‘Hit All the Right Notes.

The maker of wireless audio speakers easily beat quarterly estimates for earnings and sales.

7 months ago - Barrons

Sonos, Inc. (SONO) Q1 2024 Earnings Call Transcript

Sonos, Inc. (SONO) Q1 2024 Earnings Call Transcript

7 months ago - Seeking Alpha

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.

7 months ago - CNBC

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...

7 months ago - Business Wire