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Sonos Inc (SONO)
NASDAQ:SONO
Sonos (SONO) Stock Price & Analysis
1,294 Followers
SONO Stock Chart & Stats
Day’s Range$0 - $0
52-Week Range$9.78 - $19.76
Previous Close$17.24
Volume1.64M
Average Volume (3M)1.76M
Market Cap
$2.12B
Enterprise Value$1.71B
Total Cash (Recent Filing)$467.34M
Total Debt (Recent Filing)$60.62M
Price to Earnings (P/E)-48.7
Beta1.43
Next Earnings
Aug 07, 2024EPS Estimate
$0.01Next Dividend Ex-DateN/A
Dividend YieldN/A
Share Statistics
EPS (TTM)-0.35
Shares Outstanding122,900,829
10 Day Avg. Volume1,948,381
30 Day Avg. Volume1,763,927
Standard Deviation0.18
R-Squared0.37
Alpha0.00076
Financial Highlights & Ratios
Price to Book (P/B)4.31
Price to Sales (P/S)6.94
Price to Cash Flow (P/CF)1.90
P/FCF Ratio2.00
Enterprise Value/Market CapN/A
Enterprise Value/Revenue0.87
Enterprise Value/Gross Profit2.39
Enterprise Value/Ebitda9.64
Forecast
1Y Price Target
$24.67Price Target Upside43.10% Upside
Rating ConsensusStrong Buy
Number of Analyst Covering3
Sonos News
PremiumStock Analysis & Ideas
GRAB, ZS, SONO: Which “Strong Buy” Tech Stock Is the Better Buy?
PremiumCompany Announcements
Sonos Inc Enhances Board with New Independent DirectorBulls Say, Bears Say
Bulls Say
Earnings And Market ShareAnalyst highlights a strong EPS beat and continued market share gains, indicating a robust financial performance and competitive edge.
Financial PerformanceAnalyst notes the inflection in adjusted EBITDA, supported by strategic cost actions, signaling improved profitability forecasts.
New Product LaunchExcitement builds around Sonos with the announcement of a new product launch in a multi-billion dollar category, expected to significantly boost revenues.
Bears Say
Consumer DemandGiven continued softness in consumer electronics spending, the outlook remains cautious.
Financial ForecastAnalysts predict a decrease in revenue and adjusted EBITDA for FY24, with a lowered price target for the stock.
Legal ChallengesSonos' recent legal setback against Google could impact investor confidence pending future litigation outcomes.
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Ownership Overview
8.34% Insiders
28.60% Mutual Funds
47.71% Other Institutional Investors
15.35% Public Companies and
Individual Investors
Risk Analysis
Main Risk Category
Ability to SellRisks related to the company’s ability to sell goods and services
Website Traffic
The estimated number of people who visited one or more of the websites owned by Sonos
Desktop Users
Mobile Users
SONO FAQ
What was Sonos Inc’s price range in the past 12 months?
Sonos Inc lowest stock price was $9.78 and its highest was $19.76 in the past 12 months.
What is Sonos Inc’s market cap?
Currently, no data Available
When is Sonos Inc’s upcoming earnings report date?
Sonos Inc’s upcoming earnings report date is Aug 07, 2024 which is in 83 days.
How were Sonos Inc’s earnings last quarter?
Sonos Inc released its earnings results on May 07, 2024. The company reported -$0.56 earnings per share for the quarter, missing the consensus estimate of -$0.456 by -$0.104.
Is Sonos Inc overvalued?
According to Wall Street analysts Sonos Inc’s price is currently Undervalued.
Does Sonos Inc pay dividends?
Sonos Inc does not currently pay dividends.
What is Sonos Inc’s EPS estimate?
Sonos Inc’s EPS estimate is $0.01.
How many shares outstanding does Sonos Inc have?
Sonos Inc has 122,900,826 shares outstanding.
What happened to Sonos Inc’s price movement after its last earnings report?
Sonos Inc reported an EPS of -$0.56 in its last earnings report, missing expectations of -$0.456. Following the earnings report the stock price went down -4.209%.
Which hedge fund is a major shareholder of Sonos Inc?
Among the largest hedge funds holding Sonos Inc’s share is First Eagle Investment Management LLC. It holds Sonos Inc’s shares valued at 6M.
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Sonos Stock Smart Score
Outperform
1
2
3
4
5
6
7
8
9
10
Analyst Consensus
Strong Buy
Average Price Target:
$24.67 (43.10% Upside)
$24.67 (43.10% Upside)
Blogger Sentiment
Bullish
SONO Sentiment 100%
Sector Average 67%
Sector Average 67%
Hedge Fund Trend
Increased
By 23.8K Shares
Last Quarter.
Last Quarter.
Crowd Wisdom
Neutral
Last 7 Days ▼ 1.4%
Last 30 Days ▲ 1.7%
Last 30 Days ▲ 1.7%
News Sentiment
Neutral
Bullish news 50%
Bearish news 50%
Bearish news 50%
Technicals
SMA
Positive
20 days / 200 days
Momentum
11.01%
12-Months-Change
Fundamentals
Return on Equity
-7.87%
Trailing 12-Months
Asset Growth
-12.62%
Trailing 12-Months
Company Description
Sonos Inc
Sonos, Inc. provides multi-room wireless smart home sound systems. It supports streaming services around the world, providing customers with access to music, Internet radio, podcasts, and audiobooks, with control from Android smartphones, iPhone, or iPad. The company was founded by Mai Trung, John MacFarlane, Craig A. Shelburne and Thomas S. Cullen in 2002 and is headquartered in Santa Barbara, CA.
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SONO Company Deck
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SONO Earnings Call
Q2 2024
0:00 / 0:00
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SONO Stock 12 Month Forecast
Average Price Target
$24.67
▲(43.10% Upside)
Technical Analysis
Best Analysts Covering SONO
1 Year
1 Year Success Rate
10/17 ratings generated profit
1 Year Average Return
+18.73%
reiterated a buy rating 6 months ago
Copying Tom Forte's trades and holding each position for 1 Year would result in 58.82% of your transactions generating a profit, with an average return of +18.73% per trade.
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