Sonos, Inc. (SONO)
NASDAQ: SONO · Real-Time Price · USD
13.48
+0.53 (4.09%)
Nov 21, 2024, 3:14 PM EST - Market open
Sonos Stock Forecast
Stock Price Forecast
The 2 analysts with 12-month price forecasts for Sonos stock have an average target of 17.5, with a low estimate of 11 and a high estimate of 24. The average target predicts an increase of 29.82% from the current stock price of 13.48.
Analyst Consensus: Buy
* Price targets were last updated on Sep 26, 2024.
Analyst Ratings
The average analyst rating for Sonos stock from 2 stock analysts is "Buy". This means that analysts believe this stock is likely to outperform the market over the next twelve months.
Recommendation Trends
| Rating | Jun '24 | Jul '24 | Aug '24 | Sep '24 | Oct '24 | Nov '24 |
|---|---|---|---|---|---|---|
| Strong Buy | 2 | 2 | 2 | 1 | 1 | 1 |
| Buy | 1 | 1 | 1 | 0 | 0 | 0 |
| Hold | 1 | 1 | 1 | 1 | 1 | 0 |
| Sell | 0 | 0 | 0 | 1 | 1 | 1 |
| Strong Sell | 0 | 0 | 0 | 0 | 0 | 0 |
| Total | 4 | 4 | 4 | 3 | 3 | 2 |
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
1.51B
from 1.52B
Decreased by -0.60%
Revenue Next Year
1.73B
from 1.51B
Increased by 14.58%
EPS This Year
-0.16
from -0.31
EPS Next Year
0.46
from -0.16
Revenue Forecast
| Revenue | 2025 | 2026 |
|---|---|---|
| High | 1.7B | 2.1B |
| Avg | 1.5B | 1.7B |
| Low | 1.4B | 1.5B |
Revenue Growth
| Revenue Growth | 2025 | 2026 |
|---|---|---|
| High | 9.1% | 36.1% |
| Avg | -0.6% | 14.6% |
| Low | -7.5% | 0.7% |
EPS Forecast
| EPS | 2025 | 2026 |
|---|---|---|
| High | 0.28 | 1.12 |
| Avg | -0.16 | 0.46 |
| Low | -0.36 | -0.05 |
EPS Growth
| EPS Growth | 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.