NASDAQ:SONO Sonos (SONO) Stock Price, News & Analysis → Tech GIANT’s Plans to Revolutionize Crypto… (From Crypto 101 Media) (Ad) Free SONO Stock Alerts $15.89 -0.28 (-1.73%) (As of 05/29/2024 ET) Add Compare Share Share Today's Range$15.87▼$16.3450-Day Range$15.89▼$19.5152-Week Range$9.78▼$19.76Volume1.45 million shsAverage Volume1.61 million shsMarket Capitalization$1.95 billionP/E RatioN/ADividend YieldN/APrice Target$21.00 Stock AnalysisStock AnalysisAnalyst ForecastsChartCompetitorsEarningsFinancialsHeadlinesInsider TradesOptions ChainOwnershipShort InterestTrendsStock AnalysisAnalyst ForecastsChartCompetitorsEarningsFinancialsHeadlinesInsider TradesOptions ChainOwnershipShort InterestTrends Get Sonos alerts: Email Address Sonos MarketRank™ Stock AnalysisAnalyst RatingModerate Buy2.80 Rating ScoreUpside/Downside32.2% Upside$21.00 Price TargetShort InterestBearish5.45% of Float Sold ShortDividend StrengthN/ASustainabilityN/ANews Sentiment0.27Based on 26 Articles This WeekInsider TradingSelling Shares$1.42 M 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.3.00 out of 5 starsConsumer Discretionary Sector151st out of 274 stocksHousehold Audio & Video Equipment Industry4th out of 8 stocks 3.4 Analyst's Opinion Consensus RatingSonos has received a consensus rating of Moderate Buy. The company's average rating score is 2.80, and is based on 4 buy ratings, 1 hold rating, 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 2.0 Short Interest Percentage of Shares Shorted5.45% of the float of Sonos has been sold short.Short Interest Ratio / Days to CoverSonos has a short interest ratio ("days to cover") of 3.8, which is generally considered an acceptable ratio of short interest to trading volume.Change versus previous monthShort interest in Sonos has recently increased by 18.38%, 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 2.9 News and Social Media Coverage News SentimentSonos has a news sentiment score of 0.27. 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 0.68 average news sentiment score of Consumer Discretionary companies.News Coverage This WeekMarketBeat has tracked 26 news articles for Sonos this week, compared to 13 articles on an average week.Search Interest3 people have searched for SONO on MarketBeat in the last 30 days. This is an increase of 200% compared to the previous 30 days.MarketBeat Follows3 people have added Sonos to their MarketBeat watchlist in the last 30 days. This is an increase of 200% 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 $1,419,517.00 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 -45.40, 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 -45.40, 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 3.95. 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 InvestorPlaceMust-See: Elon’s New Invention is Absolutely InsaneCould Elon's New Device be Bigger than the iPhone? According to 30-year Silicon Valley and Wall Street veteran, Eric Fry… This mind-blowing new technology could be bigger than the iPhone.Click here for the full story… 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 HeadlinesMay 24, 2024 | insidertrades.comMaxime Bouvat-Merlin Sells 40,222 Shares of Sonos, Inc. (NASDAQ:SONO) StockMay 18, 2024 | insidertrades.comSonos, Inc. (NASDAQ:SONO) Insider Christopher Scott Mason Sells 20,000 SharesMay 9, 2024 | insidertrades.comSonos, Inc. (NASDAQ:SONO) Director Sells $15,593.15 in StockMay 29 at 9:10 AM | msn.comThe Sonos beam just dropped in price by £100May 28 at 2:27 PM | msn.comSonos launch the festival-friendly Roam 2 - a portable speaker that’s “built to perform outdoors"May 28 at 1:21 AM | msn.comThe most immersive speaker system I've ever tested isn't from Bose or SonosMay 27 at 8:20 PM | msn.comCan you use any Bluetooth headphones with the Sonos app?May 27 at 10:19 AM | appleinsider.comInterview with Ecobee CEO Greg Fyke, affordable home key lock, & Sonos headphones on HomeKit InsiderMay 26, 2024 | msn.comWhat color Sonos Ace should you get?May 26, 2024 | finance.yahoo.comSonos CEO brought BlackBerry to WallStreetMay 26, 2024 | msn.comSonos Ace vs Bose QuietComfort Ultra Headphones: how do they compare?May 26, 2024 | msn.comSonos is returning the features its 'courageous' app redesign left behindMay 25, 2024 | msn.comNews Weekly: The first Sonos headphones, Samsung's Unpacked lineup leaks, and moreMay 25, 2024 | msn.comI just tried the Sonos Arc soundbar and it's now my new at-home audio systemMay 25, 2024 | americanbankingnews.comSonos, Inc. (NASDAQ:SONO) Given Consensus Rating of "Moderate Buy" by BrokeragesMay 25, 2024 | msn.comNew Sonos Sale Kicks Off Just In Time For SummerMay 24, 2024 | msn.comSonos update: Smart speaker company responds to outcry over new appMay 24, 2024 | msn.comSonos Ace: Hardware, features, pricing, and availabilityMay 24, 2024 | msn.comSonos CEO defends app redesign as a "better experience" but admits failure to communicateMay 23, 2024 | forbes.comSonos Roam 2 Now Live: Streamlined Portable Speaker With Bluetooth TweakMay 23, 2024 | 9to5mac.comSonos has heard the music: VoiceOver improvements, local playback, and more return to new appMay 23, 2024 | msn.comSave 20% on the Sonos Roam SL for Memorial DayMay 23, 2024 | finance.yahoo.comInsider Sale: Chief Product Officer of Sonos Inc (SONO) Sells SharesMay 23, 2024 | msn.comThe Morning After: We test Sonos’ first wireless headphonesMay 23, 2024 | msn.comSonos CEO Patrick Spence defends app redesign but promises updatesSee 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 Earnings5/07/2024Today5/29/2024Next Earnings (Estimated)8/14/2024Fiscal Year End9/30/2024Get Stock AlertsIndustry, Sector and Symbol Stock ExchangeNASDAQ SectorConsumer Discretionary Industry Household audio & video equipment Sub-IndustryN/A Current SymbolNASDAQ:SONO CUSIPN/A CIK1055355 Webwww.sonos.com Phone(805) 965-3001FaxN/AEmployees1,867Year Founded2002Price Target and Rating Average Stock Price Target$21.00 High Stock Price Target$25.00 Low Stock Price Target$12.00 Potential Upside/Downside+32.2%Consensus RatingModerate Buy Rating Score (0-4)2.80 Research Coverage5 Analysts Profitability EPS (Most Recent Fiscal Year)($0.35) Trailing P/E RatioN/A Forward P/E Ratio69.09 P/E GrowthN/ANet Income$-10,270,000.00 Net Margins-2.82% Pretax Margin-1.80% Return on Equity-0.44% Return on Assets-0.24% Debt Debt-to-Equity RatioN/A Current Ratio1.92 Quick Ratio1.33 Sales & Book Value Annual Sales$1.66 billion Price / Sales1.18 Cash Flow$0.71 per share Price / Cash Flow22.28 Book Value$4.02 per share Price / Book3.95Miscellaneous Outstanding Shares122,900,000Free Float118,845,000Market Cap$1.95 billion OptionableOptionable Beta2.00 Social Links 13 Stocks Institutional Investors Won't Stop BuyingWhich stocks are major institutional investors including hedge funds and endowments buying in today's market? Click the link below and we'll send you MarketBeat's list of thirteen stocks that institutional investors are buying up as quickly as they can.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 CompetitorsVIZIONYSE:VZIOKnowlesNYSE:KNArlo TechnologiesNYSE:ARLOUniversal ElectronicsNASDAQ:UEICGenasysNASDAQ:GNSSView All CompetitorsInsiders & InstitutionsMaxime Bouvat-MerlinSold 40,222 sharesTotal: $665,271.88 ($16.54/share)Comerica BankSold 5,535 shares on 5/17/2024Ownership: 0.048%Walleye Trading LLCSold 800 shares on 5/17/2024Ownership: 0.000%Jacobs Levy Equity Management Inc.Bought 266,748 shares on 5/16/2024Ownership: 2.352%California State Teachers Retirement SystemSold 10,034 shares on 5/16/2024Ownership: 0.097%View All Insider TransactionsView All Institutional Transactions SONO Stock Analysis - Frequently Asked Questions Should I buy or sell Sonos stock right now? 5 Wall Street equities research analysts have issued "buy," "hold," and "sell" ratings for Sonos in the last twelve months. There are currently 1 hold rating and 4 buy ratings for the stock. The consensus among Wall Street equities research analysts is that investors should "moderate buy" SONO shares. View SONO analyst ratings or view top-rated stocks. What is Sonos' stock price target for 2024? 5 brokers have issued twelve-month target prices for Sonos' stock. Their SONO share price targets range from $12.00 to $25.00. On average, they predict the company's stock price to reach $21.00 in the next twelve months. This suggests a possible upside of 32.2% from the stock's current price. View analysts price targets for SONO or view top-rated stocks among Wall Street analysts. How have SONO shares performed in 2024? Sonos' stock was trading at $17.14 at the start of the year. Since then, SONO shares have decreased by 7.3% and is now trading at $15.89. View the best growth stocks for 2024 here. Are investors shorting Sonos? Sonos saw a increase in short interest in the month of May. As of May 15th, there was short interest totaling 6,570,000 shares, an increase of 18.4% from the April 30th total of 5,550,000 shares. Based on an average daily volume of 1,710,000 shares, the days-to-cover ratio is presently 3.8 days. Currently, 5.5% of the company's stock are short sold. View Sonos' Short Interest. When is Sonos' next earnings date? The company is scheduled to release its next quarterly earnings announcement on Wednesday, August 14th 2024. View our SONO earnings forecast. How were Sonos' earnings last quarter? Sonos, Inc. (NASDAQ:SONO) issued its quarterly earnings results on Tuesday, May, 7th. The company reported ($0.53) EPS for the quarter, missing analysts' consensus estimates of ($0.45) by $0.08. The company earned $252.66 million during the quarter, compared to analyst estimates of $246.48 million. Sonos had a negative net margin of 2.82% and a negative trailing twelve-month return on equity of 0.44%. What ETFs hold Sonos' stock? ETFs with the largest weight of Sonos (NASDAQ:SONO) stock in their portfolio include MUSQ Global Music Industry ETF (MUSQ) and Invesco S&P SmallCap Consumer Discretionary ETF (PSCD).SPDR S&P 600 Small Cap ETF (SLY). What guidance has Sonos issued on next quarter's earnings? Sonos updated its FY 2024 earnings guidance on Wednesday, May, 8th. The company provided earnings per share guidance of for the period. The company issued revenue guidance of $1.6 billion-$1.7 billion, compared to the consensus revenue estimate of $1.7 billion. 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. What other stocks do shareholders of Sonos own? Based on aggregate information from My MarketBeat watchlists, some companies that other Sonos investors own include NVIDIA (NVDA), Advanced Micro Devices (AMD), Tesla (TSLA), Boeing (BA), DocuSign (DOCU), Block (SQ), Alibaba Group (BABA), PayPal (PYPL), QUALCOMM (QCOM) and Micron Technology (MU). When did Sonos IPO? Sonos (SONO) raised $250 million in an initial public offering (IPO) on Thursday, August 2nd 2018. The company issued 13,900,000 shares at $17.00-$19.00 per share. Morgan Stanley, Goldman Sachs and Allen & Company served as the underwriters for the IPO and RBC Capital Markets, Jefferies, KKR, Raymond James and Stifel were co-managers. Who are Sonos' major shareholders? Sonos' stock is owned by a variety of institutional and retail investors. Top institutional shareholders include Vanguard Group Inc. (11.51%), Jacobs Levy Equity Management Inc. (2.35%), Deroy & Devereaux Private Investment Counsel Inc. (0.80%), Principal Financial Group Inc. (0.52%), Russell Investments Group Ltd. (0.44%) and First Eagle Investment Management LLC (0.29%). Insiders that own company stock include Brittany Bagley, Christopher Scott Mason, Edward P Lazarus, Joanna Coles, Matthew O Siegel, Matthew O Siegel, Maxime Bouvat-Merlin, Nicholas Millington, Patrick Spence and Thomas Conrad. 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. Does Sonos have any subsidiaries? The following companies are subsidiares of Sonos: Snips, and Sonos Europe B.V. (Netherlands).Read More This page (NASDAQ:SONO) was last updated on 5/30/2024 by MarketBeat.com Staff From Our PartnersExposed: 10 CENT Crypto to Explode May 20th?True Market InsidersShocking $16T Elon Musk Crypto LeakCrypto 101 MediaMust-See: Elon’s New Invention is Absolutely InsaneInvestorPlaceThe 7th Trillion Dollar Company?The Oxford ClubThis Apple-like Innovator is Revolutionizing HealthcareWall Street StarBiden Nomination CANCELED?The Freeport SocietyBUY ALERT: Tiny tech play partners with US governmentStansberry ResearchGold Set to EXPLODE!Gold Safe Exchange Adding Choose a watchlist: Watchlist Adding You have already added five stocks to your watchlist. Upgrade to MarketBeat All Access to add more stocks to your watchlist. Adding Sonos, Inc. Please log in to your account or sign up in order to add this asset to your watchlist. 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