NASDAQ:SONO Sonos (SONO) Stock Price, News & Analysis $11.59 -0.35 (-2.93%) (As of 09/6/2024 ET) Add Compare Share Share Today's Range$11.51▼$12.0050-Day Range$11.09▼$14.9652-Week Range$9.78▼$19.76Volume1.93 million shsAverage Volume2.49 million shsMarket Capitalization$1.42 billionP/E RatioN/ADividend YieldN/APrice Target$17.75 Stock AnalysisStock AnalysisAnalyst ForecastsChartCompetitorsEarningsFinancialsHeadlinesInsider TradesOptions ChainOwnershipShort InterestTrendsStock AnalysisAnalyst ForecastsChartCompetitorsEarningsFinancialsHeadlinesInsider TradesOptions ChainOwnershipShort InterestTrends Get Sonos alerts: Email Address Sonos MarketRank™ Stock AnalysisAnalyst RatingModerate Buy2.50 Rating ScoreUpside/Downside53.1% Upside$17.75 Price TargetShort InterestBearish9.01% of Float Sold ShortDividend StrengthN/ASustainabilityN/ANews SentimentN/AInsider TradingSelling Shares$654,929 Sold Last QuarterProj. Earnings Growth47.83%From $0.23 to $0.34 Per ShareSee Full Details Hide Full Details Overall MarketRank™New Rank-Based ScoringMarketRank™ is calculated by averaging available category scores (with extra weight given to analysis and valuation), then ranking the company's weighted average against that of other companies.2.31 out of 5 starsConsumer Discretionary Sector183rd out of 269 stocksHousehold Audio & Video Equipment Industry3rd out of 8 stocks 3.3 Analyst's Opinion Consensus RatingSonos has received a consensus rating of Moderate Buy. The company's average rating score is 2.50, and is based on 2 buy ratings, 2 hold ratings, and no sell ratings.Amount of Analyst CoverageSonos has only been the subject of 1 research reports in the past 90 days.Read more about Sonos' stock forecast and price target. Previous Next 1.0 Short Interest Percentage of Shares Shorted9.01% of the float of Sonos has been sold short.Short Interest Ratio / Days to CoverSonos has a short interest ratio ("days to cover") of 5.6.Change versus previous monthShort interest in Sonos has recently increased by 31.00%, indicating that investor sentiment is decreasing significantly. Previous Next 0.0 Dividend Strength Dividend YieldSonos does not currently pay a dividend.Dividend GrowthSonos does not have a long track record of dividend growth. Previous Next N/A Sustainability and ESG Overall ESG (Environmental, Social, and Governance) ScoreThere is no current Upright™ data available for SONO. Previous Next 1.8 News and Social Media Coverage News SentimentSonos has a news sentiment score of 0.17. This score is calculated as an average of sentiment of articles about the company over the last seven days and ranges from 2 (good news) to -2 (bad news). This is a lower news sentiment than the 0.60 average news sentiment score of Consumer Discretionary companies.News Coverage This WeekMarketBeat has tracked 1 news article for Sonos this week, compared to 12 articles on an average week.Search Interest8 people have searched for SONO on MarketBeat in the last 30 days. This is an increase of 100% compared to the previous 30 days.MarketBeat FollowsOnly 1 people have added Sonos to their MarketBeat watchlist in the last 30 days. This is a decrease of -50% compared to the previous 30 days. Previous Next 2.5 Company Ownership Insider Buying vs. Insider SellingIn the past three months, Sonos insiders have sold more of their company's stock than they have bought. Specifically, they have bought $0.00 in company stock and sold $654,929.00 in company stock.Percentage Held by InsidersOnly 3.30% of the stock of Sonos is held by insiders.Percentage Held by Institutions85.82% of the stock of Sonos is held by institutions. High institutional ownership can be a signal of strong market trust in this company.Read more about Sonos' insider trading history. Previous Next 1.9 Earnings and Valuation Earnings GrowthEarnings for Sonos are expected to grow by 47.83% in the coming year, from $0.23 to $0.34 per share.Price to Earnings Ratio vs. the MarketThe P/E ratio of Sonos is -33.11, which means that its earnings are negative and its P/E ratio cannot be compared to companies with positive earnings.Price to Earnings Ratio vs. SectorThe P/E ratio of Sonos is -33.11, which means that its earnings are negative and its P/E ratio cannot be compared to companies with positive earnings.Price to Book Value per Share RatioSonos has a P/B Ratio of 3.02. P/B Ratios above 3 indicate that a company could be overvalued with respect to its assets and liabilities.Read more about Sonos' valuation and earnings. Previous Next See Top Rated MarketRank™ Stocks Here Ad Behind the MarketsNASDAQ to crash 50%?During the 2020 Covid Crash he called a market reversal - eleven days before the S&P bottomed out... Now, he's saying there are four major cracks forming in the US economy...Click here to learn more >>> About Sonos Stock (NASDAQ:SONO)Sonos, Inc., together with its subsidiaries, designs, develops, manufactures, and sells audio products and services in the Americas, Europe, the Middle East, Africa, and the Asia Pacific. It offers wireless, portable, and home theater speakers; components; and accessories. The company offers its products through approximately 10,000 third-party retail stores, including custom installers of home audio systems; and e-commerce retailers, as well as through its website. The company was formerly known as Rincon Audio, Inc. and changed its name to Sonos, Inc. in May 2004. Sonos, Inc. was incorporated in 2002 and is headquartered in Santa Barbara, California.Read More SONO Stock Price History View Price History Chart DataSkip Price History Chart 30 days | 90 days | 365 days | Advanced Chart SONO Stock News HeadlinesAugust 20, 2024 | insidertrades.comSonos, Inc. (NASDAQ:SONO) Insider Shamayne Braman Sells 6,438 SharesSeptember 3, 2024 | macrumors.comSonos End of Summer Sale Introduces Savings on Ace Headphones, Arc Soundbar, and MoreSeptember 7, 2024 | Behind the Markets (Ad)⭕ [URGENT] Buy Alert just triggeredMy absolute favorite stock just hit a critical "buy now" trigger price.August 30, 2024 | msn.comThe Sonos Ace Headphones get a shocking discount, now $399August 30, 2024 | yahoo.comSonos copies Fortnite as it continues to fix its troubled appAugust 30, 2024 | 9to5mac.comBroken Sonos app roadmap now available on Trello for all to seeAugust 30, 2024 | msn.comSonos now lets you see what app fixes are coming soon (or not) the only way project managers know how: a Trello boardAugust 30, 2024 | msn.comSonos opens a Trello board so we can see how it’s fixing the busted appSeptember 7, 2024 | Behind the Markets (Ad)⭕ [URGENT] Buy Alert just triggeredMy absolute favorite stock just hit a critical "buy now" trigger price.August 30, 2024 | msn.comSonos made a public Trello board to track its broken app fixesAugust 29, 2024 | msn.comSonos' next soundbar gets a reported new name, and good news for its release dateAugust 29, 2024 | msn.comSonos’ latest app update fixes just a fraction of its problemsAugust 29, 2024 | nj.comAmazon has the Sonos Roam 2 portable speaker on sale for its best price everAugust 29, 2024 | yahoo.comSonos is gearing up for its next soundbar launch — and it could be the ‘Arc Ultra’August 27, 2024 | businessinsider.comSonos Ace review: The most comfortable noise-canceling headphones we've testedAugust 27, 2024 | yahoo.comLabor Day sales include up to 20 percent off Sonos speakersAugust 27, 2024 | yahoo.comAmazon Deals of The Day: We Found This $100 Discount on a Sonos SoundbarAugust 26, 2024 | appleinsider.comNest Smart Learning Thermostat, Sonos app issues, & Wi-Fi issues on HomeKit InsiderSee More Headlines Receive SONO Stock News and Ratings via Email Sign-up to receive the latest news and ratings for Sonos and its competitors with MarketBeat's FREE daily newsletter. Email Address Company Calendar Last Earnings8/07/2024Today9/07/2024Fiscal Year End9/30/2024Next Earnings (Estimated)11/20/2024Get Stock AlertsIndustry, Sector and Symbol Stock ExchangeNASDAQ SectorConsumer Discretionary Industry Household audio & video equipment Sub-IndustryRecreation Current SymbolNASDAQ:SONO CUSIPN/A CIK1055355 Webwww.sonos.com Phone(805) 965-3001FaxN/AEmployees1,867Year Founded2002Price Target and Rating Average Stock Price Target$17.75 High Stock Price Target$25.00 Low Stock Price Target$10.00 Potential Upside/Downside+53.1%Consensus RatingModerate Buy Rating Score (0-4)2.50 Research Coverage4 Analysts Profitability EPS (Most Recent Fiscal Year)($0.35) Trailing P/E RatioN/A Forward P/E Ratio50.39 P/E GrowthN/ANet Income$-10,270,000.00 Net Margins-1.04% Pretax Margin0.17% Return on Equity0.42% Return on Assets0.22% Debt Debt-to-Equity RatioN/A Current Ratio1.65 Quick Ratio1.23 Sales & Book Value Annual Sales$1.57 billion Price / Sales0.91 Cash Flow$0.70 per share Price / Cash Flow16.49 Book Value$3.84 per share Price / Book3.02Miscellaneous Outstanding Shares122,901,000Free Float118,845,000Market Cap$1.42 billion OptionableOptionable Beta2.04 Social Links 10 Best Cheap Stocks to Buy NowMarketBeat just released its list of 10 cheap stocks that have been overlooked by the market and may be seriously undervalued. Click the link below to see which companies made the list.Get This Free Report Key ExecutivesMr. Patrick Spence (Age 49)CEO, President & Director Comp: $621.86kMr. Edward P. Lazarus (Age 65)Chief Strategy Officer, Chief Legal Officer & Corporate Secretary Comp: $546.96kMs. Shamayne Braman (Age 35)Chief People Officer Comp: $459.28kMr. Nicholas Millington (Age 47)Chief Innovation Officer Comp: $518.64kMs. Deirdre Findlay (Age 50)Chief Commercial Officer Comp: $75kMr. Maxime Bouvat-Merlin (Age 48)Chief Product Officer Comp: $523.88kMr. Thomas CullenCo-Founder and VP of Sales & MarketingMs. Saori Casey (Age 56)Chief Financial Officer Mr. Christopher Scott Mason (Age 57)Senior VP, Chief Accounting Officer, Treasurer & Principal Accounting Officer Mr. Michael GroeningerVice President of Corporate FinanceMore ExecutivesKey CompetitorsTopgolf Callaway BrandsNYSE:MODGPeloton InteractiveNASDAQ:PTONArlo TechnologiesNYSE:ARLOFunkoNASDAQ:FNKOEscaladeNASDAQ:ESCAView All CompetitorsInsiders & InstitutionsGranite Bay Wealth Management LLCBought 42,300 shares on 8/21/2024Ownership: 0.035%Systematic Financial Management LPBought 218,061 shares on 8/16/2024Ownership: 0.623%Algert Global LLCSold 76,744 shares on 8/16/2024Ownership: 0.052%Ironwood Investment Management LLCBought 24,734 shares on 8/16/2024Ownership: 0.036%Shamayne BramanSold 6,438 sharesTotal: $74,423.28 ($11.56/share)View All Insider TransactionsView All Institutional Transactions SONO Stock Analysis - Frequently Asked Questions How have SONO shares performed this year? Sonos' stock was trading at $17.14 at the beginning of the year. Since then, SONO stock has decreased by 32.4% and is now trading at $11.59. View the best growth stocks for 2024 here. How were Sonos' earnings last quarter? Sonos, Inc. (NASDAQ:SONO) announced its quarterly earnings results on Wednesday, August, 7th. The company reported $0.03 EPS for the quarter, hitting analysts' consensus estimates of $0.03. The firm's quarterly revenue was up 6.4% on a year-over-year basis. What is Patrick Spence's approval rating as Sonos' CEO? 79 employees have rated Sonos Chief Executive Officer Patrick Spence on Glassdoor.com. Patrick Spence has an approval rating of 98% among the company's employees. This puts Patrick Spence in the top 20% of approval ratings compared to other CEOs of publicly-traded companies. Does Sonos have any subsidiaries? The following companies are subsidiaries of Sonos: Snips, and Sonos Europe B.V. (Netherlands). When did Sonos IPO? Sonos (SONO) raised $250 million in an IPO on Thursday, August 2nd 2018. The company issued 13,900,000 shares at a price of $17.00-$19.00 per share. Morgan Stanley, Goldman Sachs and Allen & Company acted as the underwriters for the IPO and RBC Capital Markets, Jefferies, KKR, Raymond James and Stifel were co-managers. Who are Sonos' major shareholders? Top institutional investors of Sonos include Pacer Advisors Inc. (2.86%), American Century Companies Inc. (2.19%), Dimensional Fund Advisors LP (2.16%) and Victory Capital Management Inc. (1.50%). Insiders that own company stock include Patrick Spence, Nicholas Millington, Edward P Lazarus, Christopher Scott Mason, Matthew O Siegel, Thomas Conrad, Shamayne Braman and Maxime Bouvat-Merlin. View institutional ownership trends. How do I buy shares of Sonos? Shares of SONO stock can be purchased through any online brokerage account. Popular online brokerages with access to the U.S. stock market include Charles Schwab, E*TRADE, Fidelity, and Vanguard Brokerage Services. Compare Top Brokerages Here. What other stocks do shareholders of Sonos own? Based on aggregate information from My MarketBeat watchlists, some other companies that Sonos investors own include NVIDIA (NVDA), Advanced Micro Devices (AMD), Tesla (TSLA), Boeing (BA), DocuSign (DOCU), Block (SQ) and Alibaba Group (BABA). This page (NASDAQ:SONO) was last updated on 9/7/2024 by MarketBeat.com Staff From Our PartnersPerfect Crypto Buying Opportunity for 50 CentsWhen cryptos take a hit, the mom and pop investors run for the hills. 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