Sonos, Inc. (SONO)
NASDAQ: SONO · Real-Time Price · USD
14.56
+0.15 (1.04%)
At close: Dec 20, 2024, 4:00 PM
14.45
-0.11 (-0.76%)
After-hours: Dec 20, 2024, 4:18 PM EST

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 20.19% from the current stock price of 14.56.

Analyst Consensus: Buy
Target Low Average Median High
Price $11 $17.5 $24 $24
Change -24.45% +20.19% +64.84% +64.84%
* 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 Jul '24Aug '24Sep '24Oct '24Nov '24Dec '24
Strong Buy 221111
Buy 110000
Hold 111110
Sell 001111
Strong Sell 000000
Total 443332

Latest Forecasts

Analyst Firm Rating Rating Action Price Target Upside Date
Morgan Stanley
Morgan Stanley
Sell
Downgrades
$25$11
Sell Downgrades $25$11 -24.45% Sep 26, 2024
Rosenblatt
Rosenblatt
Strong Buy
Reiterates
$24
Strong Buy Reiterates $24 +64.84% Mar 25, 2024
Rosenblatt
Rosenblatt
Strong Buy
Reiterates
$24
Strong Buy Reiterates $24 +64.84% Mar 12, 2024
Morgan Stanley
Morgan Stanley
Buy
Maintains
$20$25
Buy Maintains $20$25 +71.70% Feb 7, 2024
Rosenblatt
Rosenblatt
Strong Buy
Maintains
$20$24
Strong Buy Maintains $20$24 +64.84% Feb 7, 2024
More Analyst Ratings

Financial Forecast

Revenue This Year
1.51B
from 1.52B
Decreased by -0.66%
Revenue Next Year
1.64B
from 1.51B
Increased by 8.82%
EPS This Year
-0.26
from -0.31
EPS Next Year
-0.12
from -0.26
Fiscal Year FY 2020 FY 2021 FY 2022 FY 2023 FY 2024 FY 2025 FY 2026 FY 2027
Period Ending Oct 3, 2020 Oct 2, 2021 Oct 1, 2022 Sep 30, 2023 Sep 28, 2024 Sep 30, 2025 Sep 30, 2026 Sep 30, 2027
Revenue
1.33B1.72B1.75B1.66B1.52B1.51B1.64B1.75B
Revenue Growth
5.20%29.44%2.07%-5.54%-8.29%-0.66%8.82%6.76%
EPS
-0.181.130.49-0.08-0.31-0.26-0.120.01
EPS Growth
---56.64%-----
Forward PE
-------1,427.45
No. Analysts -----883
Historical EPS numbers are GAAP, while forecasted numbers may be non-GAAP.

Revenue Forecast

Revenue 202520262027
High 1.6B 1.8B 1.8B
Avg 1.5B 1.6B 1.8B
Low 1.4B 1.5B 1.7B

Revenue Growth

Revenue Growth 202520262027
High
3.9%
16.3%
9.9%
Avg
-0.7%
8.8%
6.8%
Low
-7.0%
1.1%
2.6%

EPS Forecast

EPS 202520262027
High -0.09 -0.08 0.01
Avg -0.26 -0.12 0.01
Low -0.38 -0.16 0.01

EPS Growth

EPS Growth 202520262027
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.