Sonos, Inc. (SONO)
| Market Cap | 2.10B |
| Revenue (ttm) | 1.60B |
| Net Income (ttm) | -4.52M |
| Shares Out | 123.84M |
| EPS (ttm) | -0.02 |
| PE Ratio | n/a |
| Forward PE | 155.97 |
| Dividend | n/a |
| Ex-Dividend Date | n/a |
| Volume | 1,344,216 |
| Open | 17.08 |
| Previous Close | 17.13 |
| Day's Range | 16.93 - 17.38 |
| 52-Week Range | 9.78 - 21.98 |
| Beta | 1.99 |
| Analysts | Strong Buy |
| Price Target | 21.25 (+25.22%) |
| Earnings Date | May 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 4 analysts, the average rating for SONO stock is "Strong Buy." The 12-month stock price forecast is $21.25, which is an increase of 25.22% from the latest price.
News
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 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...
Sonos Partners With the Recording Academy® to Host Immersive Experiences at 2024 GRAMMY® House
SANTA BARBARA, Calif.--(BUSINESS WIRE)--Sonos partners with The Recording Academy and Flyana Boss to bring the magic of Sonos to life at this year's GRAMMY House.
Sonos Appoints Jonathan Mildenhall to Board of Directors
SANTA BARBARA, Calif.--(BUSINESS WIRE)--Sonos, Inc. (Nasdaq: SONO) today announced the appointment of Jonathan Mildenhall, Chief Marketing Officer of the Rocket Companies, to its board, effective Jan....
Sonos Unveils 8″ In-Ceiling Speaker With Bold New Sound and Stunning Performance
SANTA BARBARA, Calif.--(BUSINESS WIRE)--Sonos introduces the 8″ In-Ceiling Speaker by Sonos and Sonance, extending the highly successful Sonos Architectural line of passive speakers.
Sonos Announces Date for First 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, February 6, 2024 the company will report financial results for the first quarter ...
Saori Casey to Join Sonos as Chief Financial Officer
SANTA BARBARA, Calif.--(BUSINESS WIRE)--Sonos, Inc. (Nasdaq: SONO) today announced that industry leading corporate finance executive Saori Casey will join the company's executive leadership team as it...
Sonos Reports Progress Made Against Climate Action Plan, Showcases Commitment to Product Longevity and Sustainability
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 (...
Sonos Announces Participation in Raymond James TMT and Consumer Conference
SANTA BARBARA, Calif.--(BUSINESS WIRE)--Sonos, Inc. (Nasdaq: SONO) today announced that Patrick Spence, Chief Executive Officer, and Eddie Lazarus, Chief Financial Officer and Chief Legal Officer, wil...
Intel stocks jumps after upgrade, Sonos teases new product
Intel (INTC) shares close Thursday higher after Mizuho upgraded the stock to a "Buy" with a $50 price target, citing improvements to the company's data center roadmap and server product launches to co...
Sonos Announces $200 Million Stock Repurchase Program and Completion of Previous Stock Repurchase Program
SANTA BARBARA, Calif.--(BUSINESS WIRE)--Sonos, Inc. (Nasdaq: SONO) today announced that its Board of Directors has authorized a common stock repurchase program of up to $200 million. Since September 2...
Sonos Reports Fourth Quarter and Fiscal 2023 Results
SANTA BARBARA, Calif.--(BUSINESS WIRE)--Sonos, Inc. (NASDAQ: SONO) today reported fourth quarter and fiscal 2023 results. Fiscal 2023 Financial Highlights (unaudited) Revenue decreased 5.5% year-over-...
Sonos's stock dinged as BofA ends bullish call
A BofA Securities analyst sounded caution on shares of Sonos Inc. Tuesday, downgrading the stock amid concerns about promotional activity and weakness in the consumer-electronics market.
Sonos Announces Date for Fourth Quarter and Fiscal 2023 Financial Results and Conference Call
SANTA BARBARA, Calif.--(BUSINESS WIRE)--Sonos, Inc. (Nasdaq: SONO) today announced that after market close on Wednesday, November 15, 2023 the company will report financial results for the fourth quar...
Federal judge throws out $32.5 million win for Sonos against Google
A California judge has thrown out a $32.5 million verdict win for Sonos against Google after two of Sonos' patents were deemed unenforceable and invalid. As a result, Google has started to re-introduc...
Preparing for the opportunity ahead, Sonos bolsters Leadership Team
SANTA BARBARA, Calif.--(BUSINESS WIRE)--Sonos, Inc. (Nasdaq: SONO) today introduced new members of its executive management team. Deirdre Findlay joins as its new Chief Commercial Officer with respons...