Sonos, Inc. (SONO)
NASDAQ: SONO · Real-Time Price · USD
13.48
+0.68 (5.31%)
Nov 4, 2024, 4:00 PM EST - Market closed
Sonos Stock Forecast
Stock Price Forecast
The 3 analysts with 12-month price forecasts for Sonos stock have an average target of 15.67, with a low estimate of 11 and a high estimate of 24. The average target predicts an increase of 16.25% from the current stock price of 13.48.
Analyst Consensus: Hold
* Price targets were last updated on Sep 26, 2024.
Analyst Ratings
The average analyst rating for Sonos stock from 3 stock analysts is "Hold". This means that analysts believe this stock is likely to perform similarly to the overall market.
Recommendation Trends
| Rating | May '24 | Jun '24 | Jul '24 | Aug '24 | Sep '24 | Oct '24 |
|---|---|---|---|---|---|---|
| Strong Buy | 2 | 2 | 2 | 2 | 1 | 1 |
| Buy | 1 | 1 | 1 | 1 | 0 | 0 |
| Hold | 1 | 1 | 1 | 1 | 1 | 1 |
| Sell | 0 | 0 | 0 | 0 | 1 | 1 |
| Strong Sell | 0 | 0 | 0 | 0 | 0 | 0 |
| Total | 4 | 4 | 4 | 4 | 3 | 3 |
Latest Forecasts
| Analyst | Firm | Rating | Rating | Action | Price Target | Upside | Date |
|---|---|---|---|---|---|---|---|
| Morgan Stanley | Morgan Stanley | Buy → Sell Downgrades $25 → $11 | Buy → Sell | Downgrades | $25 → $11 | -18.40% | Sep 26, 2024 |
| Rosenblatt | Rosenblatt | Strong Buy Reiterates $24 | Strong Buy | Reiterates | $24 | +78.04% | Mar 25, 2024 |
| Rosenblatt | Rosenblatt | Strong Buy Reiterates $24 | Strong Buy | Reiterates | $24 | +78.04% | Mar 12, 2024 |
| Morgan Stanley | Morgan Stanley | Buy Maintains $20 → $25 | Buy | Maintains | $20 → $25 | +85.46% | Feb 7, 2024 |
| Rosenblatt | Rosenblatt | Strong Buy Maintains $20 → $24 | Strong Buy | Maintains | $20 → $24 | +78.04% | Feb 7, 2024 |
Financial Forecast
Revenue This Year
1.54B
from 1.66B
Decreased by -6.78%
Revenue Next Year
1.51B
from 1.54B
Decreased by -2.20%
EPS This Year
-0.27
from -0.08
EPS Next Year
-0.16
from -0.27
Revenue Forecast
| Revenue | 2024 | 2025 | 2026 |
|---|---|---|---|
| High | 1.6B | 1.7B | 2.1B |
| Avg | 1.5B | 1.5B | 1.7B |
| Low | 1.5B | 1.4B | 1.5B |
Revenue Growth
| Revenue Growth | 2024 | 2025 | 2026 |
|---|---|---|---|
| High | -3.8% | 7.3% | 36.1% |
| Avg | -6.8% | -2.2% | 14.6% |
| Low | -10.8% | -9.0% | 0.7% |
EPS Forecast
| EPS | 2024 | 2025 | 2026 |
|---|---|---|---|
| High | -0.23 | 0.28 | 1.12 |
| Avg | -0.27 | -0.16 | 0.46 |
| Low | -0.28 | -0.36 | -0.05 |
EPS Growth
| EPS Growth | 2024 | 2025 | 2026 |
|---|---|---|---|
| High | - | - | - |
| Avg | - | - | - |
| Low | - | - | - |
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.