Sonos, Inc. (SONO)

NASDAQ: SONO · IEX Real-Time Price · USD
17.08
-0.03 (-0.18%)
Aug 16, 2022 11:43 AM EDT - Market open
-0.18%
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...]

Industry Household Durables
IPO Date Aug 2, 2018
CEO John Macfarlane
Employees 1,525
Stock Exchange NASDAQ
Ticker Symbol SONO
Full Company Profile

Financial Performance

Financial Statements

Analyst 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.

Price Target
$30.02
(75.76% upside)
Analyst Consensus: Buy
Stock Forecasts

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?

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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.

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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.

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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...

Other symbols: GOOGGOOGL

7 Undervalued Small-Cap Stocks to Buy Now

These undervalued small-cap stocks to buy do have value and could outperform in both the short term and long term. The post 7 Undervalued Small-Cap Stocks to Buy Now appeared first on InvestorPlace.

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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...

S&P 500 Bear Market: Time to Buy These 3 Market-Beating Growth Stocks

There are great opportunities to buy stock from growing companies at discounts to their long-term worth.

Other symbols: AAPLEA

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...

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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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1 Underrated Company Worth Investors' Time

Plus a former Nintendo executive talks about the gaming industry.

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...