Sonos, Inc. (SONO)
| Market Cap | 2.17B |
| Revenue (ttm) | 1.80B |
| Net Income (ttm) | 122.71M |
| Shares Out | 127.25M |
| EPS (ttm) | 0.74 |
| PE Ratio | 23.08 |
| Forward PE | 37.31 |
| Dividend | n/a |
| Ex-Dividend Date | n/a |
| Volume | 2,165,742 |
| Open | 16.96 |
| Previous Close | 17.11 |
| Day's Range | 16.79 - 17.17 |
| 52-Week Range | 16.79 - 41.99 |
| Beta | 1.91 |
| Analysts | Buy |
| Price Target | 30.02 (+75.8%) |
| Earnings Date | Aug 10, 2022 |
About SONO
Sonos, Inc., together with its subsidiaries, designs, develops, manufactures, and sells multi-room audio products in the Americas, Europe, the Middle East, Africa, and the Asia Pacific. The company provides wireless speakers, home theater speakers, components, and accessories. It 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 sonos.com. The company was formerly known as Rincon Audio, Inc. and changed its name ... [Read more...]
Financial Performance
Financial StatementsAnalyst Forecast
According to 14 analysts, the average rating for SONO stock is "Buy." The 12-month stock price forecast is 30.02, which is an increase of 75.76% from the latest price.
News
Sonos stock plunges after weak demand encourage forecast cut
Sonos (NASDAQ: SONO) shares dropped 15% after the leading audio-products manufacturer cut its full-year forecast for adjusted EBITDA and revenue. Sonos loses to analyst estimates Even though the compan...
Why Sonos Stock Was Falling This Week
The near term could be bumpy, but Sonos is financially strong enough to survive the turbulence.
Sonos stock tumbles following slash to revenue forecast
Yahoo Finance Live checks out speaker-maker Sonos' stock movements amid cuts to its full-year revenue forecasts.
Sonos (SONO) Q3 Earnings Fall Y/Y, Stock Tanks on Guidance Cut
Sonos (SONO) Q3 performance is affected by soft demand for its products amid continued supply constraints and unfavorable foreign exchange movements.
Why Sonos Stock Crashed 25% This Afternoon
With sales unlikely to grow faster than 2%, and profit margins flatlining, is there any good reason to buy into the speaker company?
Despite Some Big Losers, These Growth Stocks Are Keeping the Nasdaq Bull Market Going
Investors continue to slowly move away from worries about the economy, inflation, and interest rates, sending growth stocks higher. It's not all good news and positivity, though.
Sonos misses on Q3 earnings, slashes revenue guidance
Yahoo Finance Live anchors Brian Sozzi and Brad Smith break down Sonos' most recent earnings report and how it's driving down the stock.
Sonos (SONO) Reports Break-Even Earnings for Q3
Sonos (SONO) delivered earnings and revenue surprises of -100% and 13.19%, respectively, for the quarter ended June 2022. Do the numbers hold clues to what lies ahead for the stock?
Sonos Stock Plummets as Sales and Guidance Miss Estimates
Macroeconomic issues are taking a toll on the audio products company.
Sonos stock crunched as forecast slashed in wake of ‘significantly more challenging' conditions
Sonos Inc. shares tumbled more than 18% in after-hours trading Wednesday after the maker of smart speakers and other audio equipment fell short of expectations for its latest quarter and cut its forecas...
Sonos Announces CFO Transition
SANTA BARBARA, Calif.--(BUSINESS WIRE)--Sonos, Inc. (Nasdaq: SONO) today announced that Brittany Bagley, the Company's Chief Financial Officer (CFO), is stepping down to pursue another professional oppo...
Sonos Reports Third Quarter Fiscal 2022 Results
SANTA BARBARA, Calif.--(BUSINESS WIRE)--Sonos, Inc. (Nasdaq: SONO) today reported third quarter fiscal 2022 results. Third Quarter 2022 Financial Highlights (unaudited) Revenue decreased 1.8% year-over-...
What's in Store Ahead of Sonos (SONO) Q3 Earnings Release
Sonos' (SONO) Q3 performance is likely to have gained from increased product demand. However, supply-chain constraints and increasing operating costs are likely to have acted as headwinds.
Google Sues Sonos Over Voice Control Technology
The lawsuits are the latest jab in a long-running legal battle between the two companies.
Google is suing Sonos over patent infringement once again
Google is suing Sonos (again) over patent infringement in what seems to be an unending legal fight series between two tech companies. The two new lawsuits filed Monday center around various patents invo...
Sonos Announces Date for Third Quarter Fiscal 2022 Financial Results and Conference Call
SANTA BARBARA, Calif.--(BUSINESS WIRE)--Sonos, Inc. (Nasdaq: SONO) today announced that after market close on Wednesday, August 10, 2022 the company will report financial results for the third quarter e...
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Sonos stock falls amid downgrade, cautious consumer spending
Yahoo Finance Live anchors discuss Sonos stock getting a downgrade by Morgan Stanley.
Sonos (SONO) Down 0.6% Since Last Earnings Report: Can It Rebound?
Sonos (SONO) reported earnings 30 days ago. What's next for the stock?
3 Audio Video Stocks to Watch in a Challenged Industry
High competition from comparatively low-priced device importers weighs on the Zacks Audio Video Production industry. Nonetheless, investments in technology solutions that enhance the communications expe...
Sonos Announces Participation in Upcoming Conferences
SANTA BARBARA, Calif.--(BUSINESS WIRE)--Sonos, Inc. (Nasdaq: SONO) today announced that Brittany Bagley, Chief Financial Officer, will participate in the following upcoming investor conferences. Jefferi...
BetterInvesting™ Magazine Update on Sonos and United Rentals
TROY, Mich. , May 23, 2022 /PRNewswire/ -- The Editorial Advisory and Securities Review Committee of BetterInvesting Magazine today announced Sonos Inc. (NASDAQ: SONO) as its "Stock to Study" and United...
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ReadSpeaker VoiceLab Powers Sonos Voice Control Custom Voice
BOSTON--(BUSINESS WIRE)--ReadSpeaker, the most trusted, independent digital voice partner for global businesses, today announced that Sonos, the world's leading sound experience company, has selected th...