Sonos Stock Forecast

Stock Price Forecast

According to 4 analysts polled by S&P Global, Sonos stock has a consensus rating of "Buy" and an average price target of $19.13. The average 1-year stock price forecast is 40.97% higher than the current stock price, while the lowest is $16.5 (+21.59%) and the highest is $21 (+54.75%).

Price Target: $19.13 (+40.97%)

Analyst Consensus: Buy

Target	Low	Average	Median	High
Price	$16.5	$19.13	$19.5	$21
Change	+21.59%	+40.97%	+43.70%	+54.75%

Analyst Ratings

The average analyst rating for Sonos stock is "Buy". This means that analysts believe this stock is likely to outperform the market over the next twelve months.

Recommendation Trends

Rating	Nov '25	Jan '26	Feb '26	Apr '26	May '26	Jun '26
Strong Buy	2	3	3	3	3	3
Buy	0	0	0	0	0	0
Hold	1	1	1	1	1	1
Sell	0	0	0	0	0	0
Strong Sell	1	0	0	0	0	0
Total	4	4	4	4	4	4

Latest Forecasts

Analyst	Firm	Rating	Rating	Action	Price Target	Upside	Date
Steve Frankel Rosenblatt Securities	Rosenblatt Securities	Buy Maintains $21	Buy	Maintains	$21	+54.75%	Jun 15, 2026
Erik Woodring Morgan Stanley	Morgan Stanley	Hold Maintains $18	Hold	Maintains	$18	+32.65%	Jun 10, 2026
Brent Thill Jefferies	Jefferies	Buy Maintains $19 → $21	Buy	Maintains	$19 → $21	+54.75%	Jan 5, 2026

Financial Forecast

Revenue This Year

1.50B

from 1.44B

3.88%

from 1.44B

Revenue Next Year

1.60B

from 1.50B

6.49%

from 1.50B

EPS This Year

1.13

from 0.64

76.56%

from 0.64

EPS Next Year

1.02

from 1.13

-10.18%

from 1.13

Fiscal Year	FY 2021	FY 2022	FY 2023	FY 2024	FY 2025	FY 2026
Period Ending	Oct 2, 2021	Oct 1, 2022	Sep 30, 2023	Sep 28, 2024	Sep 27, 2025	Sep 30, 2026
Revenue	1.72B	1.75B	1.66B	1.52B	1.44B	1.50B
Revenue Growth	29.44%	2.07%	-5.54%	-8.29%	-4.93%	3.88%
Gross Profit	809.99M	796.37M	716.49M	689.37M	633.95M	674.65M
Gross Margin	47.18%	45.45%	43.29%	45.41%	43.92%	45.00%
Operating Income	154.96M	89.53M	-20.55M	-36.19M	-16.98M	136.66M
Net Income	158.60M	67.38M	-10.27M	-38.15M	-61.14M	41.17M
EPS	-	-	-	-	0.64	1.13
EPS Growth	-	-	-	-	14.29%	76.56%
Forward PE	22.44	11.46	14.84	34.71	20.96	12.01
Free Cash Flow	172.79M	-91.88M	43.33M	173.54M	145.20M	-16.48M
No. Analysts	-	-	-	-	-	3

EPS and Forward PE are based on non-GAAP adjusted numbers.

Revenue Forecast

Revenue	2026	2027	2028
High	1.5B
Avg	1.5B
Low	1.5B

Revenue Growth

Revenue Growth	2026	2027	2028
High	4.2%
Avg	3.9%
Low	3.6%

EPS Forecast

EPS	2026	2027	2028
High	1.13
Avg	1.13
Low	1.13

EPS Growth

EPS Growth	2026	2027	2028
High	76.6%
Avg	76.6%
Low	76.6%