Sonos, Inc. (SONO)
NASDAQ: SONO · IEX Real-Time Price · USD
14.26
-0.16 (-1.11%)
At close: Jul 2, 2024, 4:00 PM
14.03
-0.23 (-1.65%)
After-hours: Jul 2, 2024, 7:40 PM EDT
Sonos Stock Forecast
Stock Price Forecast
The 4 analysts with 12-month price forecasts for Sonos stock have an average target of 21.25, with a low estimate of 12 and a high estimate of 25. The average target predicts an increase of 49.02% from the current stock price of 14.26.
Analyst Consensus: Strong Buy
* Price targets were last updated on Mar 25, 2024.
Analyst Ratings
The average analyst rating for Sonos stock from 4 stock analysts is "Strong Buy". This means that analysts believe this stock is likely to perform very well in the near future and significantly outperform the market.
Recommendation Trends
| Rating | Feb '24 | Mar '24 | Apr '24 | May '24 | Jun '24 | Jul '24 |
|---|---|---|---|---|---|---|
| Strong Buy | 2 | 2 | 2 | 2 | 2 | 2 |
| Buy | 1 | 1 | 1 | 1 | 1 | 1 |
| Hold | 1 | 1 | 1 | 1 | 1 | 1 |
| Sell | 0 | 0 | 0 | 0 | 0 | 0 |
| Strong Sell | 0 | 0 | 0 | 0 | 0 | 0 |
| Total | 4 | 4 | 4 | 4 | 4 | 4 |
Latest Forecasts
| Analyst | Firm | Rating | Rating | Action | Price Target | Upside | Date |
|---|---|---|---|---|---|---|---|
| Rosenblatt | Rosenblatt | Strong Buy Reiterates $24 | Strong Buy | Reiterates | $24 | +68.30% | Mar 25, 2024 |
| Rosenblatt | Rosenblatt | Strong Buy Reiterates $24 | Strong Buy | Reiterates | $24 | +68.30% | Mar 12, 2024 |
| Morgan Stanley | Morgan Stanley | Buy Maintains $20 → $25 | Buy | Maintains | $20 → $25 | +75.32% | Feb 7, 2024 |
| Rosenblatt | Rosenblatt | Strong Buy Maintains $20 → $24 | Strong Buy | Maintains | $20 → $24 | +68.30% | Feb 7, 2024 |
| Morgan Stanley | Morgan Stanley | Hold → Buy Upgrades $17 → $20 | Hold → Buy | Upgrades | $17 → $20 | +40.25% | Dec 12, 2023 |
Financial Forecast
Revenue This Year
1.68B
from 1.66B
Increased by 1.68%
Revenue Next Year
1.82B
from 1.68B
Increased by 8.20%
EPS This Year
0.13
from -0.08
EPS Next Year
0.37
from 0.13
Increased by 180.78%
Revenue Forecast
| Revenue | 2024 | 2025 | 2026 |
|---|---|---|---|
| High | 1.8B | 1.9B | 2.1B |
| Avg | 1.7B | 1.8B | 2.0B |
| Low | 1.6B | 1.7B | 1.9B |
Revenue Growth
| Revenue Growth | 2024 | 2025 | 2026 |
|---|---|---|---|
| High | 6.2% | 15.2% | 16.5% |
| Avg | 1.7% | 8.2% | 9.7% |
| Low | -3.9% | 0.8% | 2.4% |
EPS Forecast
| EPS | 2024 | 2025 | 2026 |
|---|---|---|---|
| High | 0.25 | 0.75 | 1.12 |
| Avg | 0.13 | 0.37 | 0.79 |
| Low | -0.11 | -0.03 | 0.56 |
EPS Growth
| EPS Growth | 2024 | 2025 | 2026 |
|---|---|---|---|
| High | - | 473.2% | 207.7% |
| Avg | - | 180.8% | 115.1% |
| Low | - | - | 53.0% |
Sources: Price targets and analyst ratings provided by Benzinga. Revenue and EPS forecast data provided by Finnhub. The data is sourced from Wall Street analysts. Data disclaimer.