Sonos (SONO) Stock Forecast, Price Target & Predictions
SONO Stock Forecast
Sonos stock forecast is as follows: an average price target of $14.50 (represents a -0.41% downside from SONO’s last price of $14.56) and a rating consensus of 'Buy', based on 9 wall street analysts offering a 1-year stock forecast.
SONO Price Target
The average price target for Sonos (SONO) is $14.50 based on 1-year price targets from 9 Wall Street analysts in the past 3 months, with a price target range of $18.00 to $11.00. This represents a potential -0.41% downside from SONO's last price of $14.56.
SONO Analyst Ratings
According to 9 Wall Street analysts, Sonos's rating consensus is 'Buy'. The analyst rating breakdown for SONO stock is 0 'Strong Buy' (0.00%), 5 'Buy' (55.56%), 3 'Hold' (33.33%), 1 'Sell' (11.11%), and 0 'Strong Sell' (0.00%).
Sonos Price Target by Analyst
| Date | Analyst | Company | Price Target | Price when Published | Price Target/Price when Published | Price Target/Last Closing Price |
|---|---|---|---|---|---|---|
| Oct 16, 2024 | Steve Frankel | Rosenblatt Securities | $18.00 | $12.02 | 49.75% | 23.63% |
| Sep 26, 2024 | Erik Woodring | Morgan Stanley | $11.00 | $12.59 | -12.63% | -24.45% |
| Mar 25, 2024 | Steve Frankel | Rosenblatt Securities | $24.00 | $18.89 | 27.05% | 64.84% |
| Jun 14, 2022 | Katy Huberty | Morgan Stanley | $28.00 | $19.60 | 42.86% | 92.31% |
| Jun 06, 2022 | Brent Thill | Jefferies | $35.00 | $22.17 | 57.87% | 140.38% |
| Mar 15, 2022 | Brent Thill | Jefferies | $50.00 | $24.49 | 104.16% | 243.41% |
The latest Sonos stock forecast, released on Oct 16, 2024 by Steve Frankel from Rosenblatt Securities, set a price target of $18.00, which represents a 49.75% increase from the stock price at the time of the forecast ($12.02), and a 23.63% increase from SONO last price ($14.56).
Sonos Price Target by Period
| 1M | 3M | 12M | |
|---|---|---|---|
| # Anlaysts | - | 2 | 3 |
| Avg Price Target | - | $14.50 | $17.67 |
| Last Closing Price | $14.56 | $14.56 | $14.56 |
| Upside/Downside | -100.00% | -0.41% | 21.36% |
In the current month, the average price target of Sonos stock is -, according to 0 Wall Street analyst offering twelve months forecast. The average price target represents a -100.00% decrease as opposed to Sonos's last price of $14.56. This month's average price target is down -100.00% compared to last quarter, and down -100.00% compared to last year.
Analyst Ratings Upgrades/Downgrades
| Date | Company | Previous Rating | New Rating | Rating Change |
|---|---|---|---|---|
| Sep 26, 2024 | Morgan Stanley | Underperform | Underweight | Downgrade |
| Mar 25, 2024 | Rosenblatt Securities | Buy | Buy | Hold |
| Feb 07, 2024 | Rosenblatt Securities | Buy | Buy | Hold |
| Feb 07, 2024 | Morgan Stanley | Underperform | Underperform | Hold |
| Sep 08, 2023 | Cantor Fitzgerald | Overweight | Initialise | |
| Sep 08, 2023 | Craig-Hallum | Buy | Initialise | |
| Sep 08, 2023 | RBC Capital | Sector Perform | Initialise | |
| Sep 08, 2023 | Goldman Sachs | Neutral | Initialise | |
| Sep 08, 2023 | Piper Sandler | Overweight | Initialise | |
| Aug 11, 2022 | Raymond James | Market Perform | Market Perform | Hold |
| Jun 14, 2022 | Morgan Stanley | Overweight | Overweight | Downgrade |
| Jun 06, 2022 | Jefferies | Buy | Buy | Hold |
| Mar 15, 2022 | Jefferies | Buy | Buy | Hold |
| Feb 08, 2022 | Jefferies | Buy | Buy | Hold |
| Nov 20, 2020 | Morgan Stanley | Overweight | Overweight | Hold |
Sonos's last stock rating was published by Morgan Stanley on Sep 26, 2024. The company Downgrade its SONO rating from "Underperform" to "Underweight".
Sonos Financial Forecast
Sonos Revenue Forecast
| Sep 26 | Jun 26 | Mar 26 | Dec 25 | Sep 25 | Jun 25 | Mar 25 | Dec 24 | Sep 24 | Jun 24 | Mar 24 | Dec 23 | Sep 23 | Jun 23 | Mar 23 | Dec 22 | Sep 22 | Jun 22 | Mar 22 | Dec 21 | Sep 21 | Jun 21 | Mar 21 | Dec 20 | Sep 20 | Jun 20 | Mar 20 | Dec 19 | Sep 19 | Jun 19 | |
|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|
| Revenue | - | - | - | - | - | - | - | - | - | - | - | $612.87M | $305.15M | $373.36M | $304.17M | $672.58M | $316.29M | $371.78M | $399.78M | $645.58M | $359.54M | $378.67M | $332.95M | - | $339.84M | $249.31M | $175.10M | $562.08M | $294.16M | $260.12M |
| Avg Forecast | $350.12M | $413.65M | $310.85M | $595.61M | $309.66M | $400.55M | $257.52M | $519.47M | $247.92M | $391.23M | $247.41M | $589.10M | $300.03M | $335.91M | $295.93M | $594.33M | $298.73M | $416.19M | $352.56M | $642.34M | $360.23M | $315.20M | $248.49M | $589.86M | $298.77M | $235.78M | $206.24M | $545.57M | $289.13M | $245.54M |
| High Forecast | $370.16M | $437.32M | $328.64M | $629.70M | $327.39M | $423.48M | $281.44M | $530.32M | $248.78M | $391.23M | $249.13M | $596.54M | $312.35M | $355.14M | $312.87M | $628.35M | $298.73M | $416.19M | $352.56M | $642.34M | $360.23M | $315.20M | $248.49M | $589.86M | $298.77M | $235.78M | $206.24M | $545.57M | $289.13M | $245.54M |
| Low Forecast | $337.39M | $398.61M | $299.55M | $573.96M | $298.41M | $385.99M | $242.03M | $512.07M | $247.07M | $391.23M | $245.69M | $582.54M | $287.72M | $323.70M | $285.17M | $572.73M | $298.73M | $416.19M | $352.56M | $642.34M | $360.23M | $315.20M | $248.49M | $589.86M | $298.77M | $235.78M | $206.24M | $545.57M | $289.13M | $245.54M |
| # Analysts | 1 | 1 | 1 | 1 | 1 | 1 | 3 | 3 | 2 | 2 | 2 | 3 | 6 | 3 | 3 | 2 | 3 | 3 | 3 | 3 | 3 | 3 | 14 | 9 | 15 | 8 | 10 | 7 | 10 | 7 |
| Surprise % | - | - | - | - | - | - | - | - | - | - | - | 1.04% | 1.02% | 1.11% | 1.03% | 1.13% | 1.06% | 0.89% | 1.13% | 1.01% | 1.00% | 1.20% | 1.34% | - | 1.14% | 1.06% | 0.85% | 1.03% | 1.02% | 1.06% |
Sonos's average Quarter revenue forecast for Mar 24 based on 2 analysts is $247.41M, with a low forecast of $245.69M, and a high forecast of $249.13M. SONO's average Quarter revenue forecast represents a -59.63% decrease compared to the company's last Quarter revenue of $612.87M (Dec 23).
Sonos EBITDA Forecast
| Sep 26 | Jun 26 | Mar 26 | Dec 25 | Sep 25 | Jun 25 | Mar 25 | Dec 24 | Sep 24 | Jun 24 | Mar 24 | Dec 23 | Sep 23 | Jun 23 | Mar 23 | Dec 22 | Sep 22 | Jun 22 | Mar 22 | Dec 21 | Sep 21 | Jun 21 | Mar 21 | Dec 20 | Sep 20 | Jun 20 | Mar 20 | Dec 19 | Sep 19 | Jun 19 | |
|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|
| # Analysts | 1 | 1 | 1 | 1 | 1 | 1 | 3 | 3 | 2 | 2 | 2 | 3 | 6 | 3 | 3 | 2 | 3 | 3 | 3 | 3 | 3 | 3 | 14 | 9 | 15 | 8 | 10 | 7 | 10 | 7 |
| EBITDA | - | - | - | - | - | - | - | - | - | - | - | $79.69M | $-28.36M | $-21.26M | $-45.16M | $122.98M | $-56.55M | $-2.47M | $17.46M | $149.66M | $-5.69M | $27.82M | $19.60M | - | $27.48M | $-47.61M | $-44.03M | $81.99M | $-16.45M | $-5.54M |
| Avg Forecast | $16.53M | $19.53M | $14.67M | $28.12M | $14.62M | $18.91M | $12.16M | $24.52M | $11.70M | $18.47M | $90.91M | $27.81M | $14.16M | $15.86M | $71.87M | $110.27M | $12.19M | $16.98M | $56.81M | $26.21M | $14.70M | $12.86M | $44.91M | $24.07M | $12.19M | $9.62M | $-36.47M | $22.26M | $11.80M | $10.02M |
| High Forecast | $17.47M | $20.64M | $15.51M | $29.73M | $15.45M | $19.99M | $13.29M | $25.03M | $11.74M | $18.47M | $109.10M | $28.16M | $14.74M | $16.76M | $86.24M | $132.32M | $12.19M | $16.98M | $68.17M | $26.21M | $14.70M | $12.86M | $53.89M | $24.07M | $12.19M | $9.62M | $-29.18M | $22.26M | $11.80M | $10.02M |
| Low Forecast | $15.93M | $18.82M | $14.14M | $27.09M | $14.09M | $18.22M | $11.43M | $24.17M | $11.66M | $18.47M | $72.73M | $27.50M | $13.58M | $15.28M | $57.49M | $88.21M | $12.19M | $16.98M | $45.45M | $26.21M | $14.70M | $12.86M | $35.93M | $24.07M | $12.19M | $9.62M | $-43.76M | $22.26M | $11.80M | $10.02M |
| Surprise % | - | - | - | - | - | - | - | - | - | - | - | 2.87% | -2.00% | -1.34% | -0.63% | 1.12% | -4.64% | -0.15% | 0.31% | 5.71% | -0.39% | 2.16% | 0.44% | - | 2.25% | -4.95% | 1.21% | 3.68% | -1.39% | -0.55% |
2 analysts predict SONO's average Quarter EBITDA for Mar 24 to be $90.91M, with a high of $109.10M and a low of $72.73M. This is 14.08% upper than Sonos's previous annual EBITDA (Dec 23) of $79.69M.
Sonos Net Income Forecast
| Sep 26 | Jun 26 | Mar 26 | Dec 25 | Sep 25 | Jun 25 | Mar 25 | Dec 24 | Sep 24 | Jun 24 | Mar 24 | Dec 23 | Sep 23 | Jun 23 | Mar 23 | Dec 22 | Sep 22 | Jun 22 | Mar 22 | Dec 21 | Sep 21 | Jun 21 | Mar 21 | Dec 20 | Sep 20 | Jun 20 | Mar 20 | Dec 19 | Sep 19 | Jun 19 | |
|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|
| # Analysts | 1 | 1 | 1 | 1 | 1 | 1 | 3 | 3 | 2 | 2 | 2 | 3 | 6 | 3 | 3 | 2 | 3 | 3 | 3 | 3 | 3 | 3 | 14 | 9 | 15 | 8 | 10 | 7 | 10 | 7 |
| Net Income | - | - | - | - | - | - | - | - | - | - | - | $80.95M | $-31.24M | $-23.57M | $-30.65M | $75.19M | $-64.07M | $-597.00K | $8.57M | $132.29M | $-8.74M | $17.83M | $17.22M | - | $18.41M | $-56.98M | $-52.32M | $70.78M | $-29.60M | $-14.01M |
| Avg Forecast | $-12.14M | $-1.82M | $-37.02M | $32.78M | $-16.75M | $8.50M | $-38.84M | $16.51M | $-48.56M | $3.64M | $79.86M | $50.81M | $-21.39M | $-24.28M | $63.13M | $97.09M | $-55.99M | $7.85M | $49.91M | $111.07M | $-11.24M | $-21.84M | $39.45M | $109.43M | $2.54M | $-33.45M | $-43.34M | $61.29M | $-27.78M | $-16.54M |
| High Forecast | $-11.57M | $-1.73M | $-35.27M | $35.21M | $-15.96M | $9.13M | $-13.87M | $17.43M | $-46.26M | $3.91M | $95.83M | $57.58M | $-13.51M | $-23.13M | $75.76M | $116.50M | $-55.99M | $7.85M | $59.89M | $111.07M | $-11.24M | $-21.84M | $47.34M | $109.43M | $2.54M | $-33.45M | $-34.67M | $61.29M | $-27.78M | $-16.54M |
| Low Forecast | $-13.04M | $-1.96M | $-39.78M | $31.23M | $-18.00M | $8.10M | $-63.82M | $15.13M | $-52.17M | $3.47M | $63.89M | $46.58M | $-32.65M | $-26.08M | $50.51M | $77.67M | $-55.99M | $7.85M | $39.93M | $111.07M | $-11.24M | $-21.84M | $31.56M | $109.43M | $2.54M | $-33.45M | $-52.00M | $61.29M | $-27.78M | $-16.54M |
| Surprise % | - | - | - | - | - | - | - | - | - | - | - | 1.59% | 1.46% | 0.97% | -0.49% | 0.77% | 1.14% | -0.08% | 0.17% | 1.19% | 0.78% | -0.82% | 0.44% | - | 7.23% | 1.70% | 1.21% | 1.15% | 1.07% | 0.85% |
Sonos's average Quarter net income forecast for Mar 24 is $79.86M, with a range of $63.89M to $95.83M. SONO's average Quarter net income forecast represents a -1.34% decrease compared to the company's last Quarter net income of $80.95M (Dec 23).
Sonos SG&A Forecast
| Sep 26 | Jun 26 | Mar 26 | Dec 25 | Sep 25 | Jun 25 | Mar 25 | Dec 24 | Sep 24 | Jun 24 | Mar 24 | Dec 23 | Sep 23 | Jun 23 | Mar 23 | Dec 22 | Sep 22 | Jun 22 | Mar 22 | Dec 21 | Sep 21 | Jun 21 | Mar 21 | Dec 20 | Sep 20 | Jun 20 | Mar 20 | Dec 19 | Sep 19 | Jun 19 | |
|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|
| # Analysts | 1 | 1 | 1 | 1 | 1 | 1 | 3 | 3 | 2 | 2 | 2 | 3 | 6 | 3 | 3 | 2 | 3 | 3 | 3 | 3 | 3 | 3 | 14 | 9 | 15 | 8 | 10 | 7 | 10 | 7 |
| SG&A | - | - | - | - | - | - | - | - | - | - | - | $123.75M | $90.90M | $115.27M | $108.06M | $121.79M | $116.89M | $106.37M | $104.05M | $109.69M | $112.69M | $105.55M | $97.01M | - | $91.33M | $108.94M | $76.62M | $107.63M | $99.46M | $88.06M |
| Avg Forecast | $93.67M | $110.67M | $83.17M | $159.36M | $82.85M | $107.17M | $68.90M | $138.99M | $66.33M | $104.67M | $66.19M | $157.61M | $80.27M | $89.87M | $79.18M | $97.07M | $79.82M | $111.21M | $281.14M | $171.64M | $96.26M | $84.23M | $222.24M | $157.62M | $79.84M | $63.00M | $63.47M | $145.78M | $77.26M | $65.61M |
| High Forecast | $99.04M | $117.01M | $87.93M | $168.48M | $87.59M | $113.30M | $75.30M | $141.89M | $66.56M | $104.67M | $66.65M | $159.60M | $83.57M | $95.02M | $83.71M | $116.49M | $79.82M | $111.21M | $337.37M | $171.64M | $96.26M | $84.23M | $266.69M | $157.62M | $79.84M | $63.00M | $76.16M | $145.78M | $77.26M | $65.61M |
| Low Forecast | $90.27M | $106.65M | $80.14M | $153.56M | $79.84M | $103.27M | $64.75M | $137.01M | $66.10M | $104.67M | $65.73M | $155.86M | $76.98M | $86.61M | $76.30M | $77.66M | $79.82M | $111.21M | $224.91M | $171.64M | $96.26M | $84.23M | $177.79M | $157.62M | $79.84M | $63.00M | $50.77M | $145.78M | $77.26M | $65.61M |
| Surprise % | - | - | - | - | - | - | - | - | - | - | - | 0.79% | 1.13% | 1.28% | 1.36% | 1.25% | 1.46% | 0.96% | 0.37% | 0.64% | 1.17% | 1.25% | 0.44% | - | 1.14% | 1.73% | 1.21% | 0.74% | 1.29% | 1.34% |
Sonos's average Quarter SG&A projection for Mar 24 is $66.19M, based on 2 Wall Street analysts, with a range of $65.73M to $66.65M. The forecast indicates a -46.51% fall compared to SONO last annual SG&A of $123.75M (Dec 23).
Sonos EPS Forecast
| Sep 26 | Jun 26 | Mar 26 | Dec 25 | Sep 25 | Jun 25 | Mar 25 | Dec 24 | Sep 24 | Jun 24 | Mar 24 | Dec 23 | Sep 23 | Jun 23 | Mar 23 | Dec 22 | Sep 22 | Jun 22 | Mar 22 | Dec 21 | Sep 21 | Jun 21 | Mar 21 | Dec 20 | Sep 20 | Jun 20 | Mar 20 | Dec 19 | Sep 19 | Jun 19 | |
|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|
| # Analysts | 1 | 1 | 1 | 1 | 1 | 1 | 3 | 3 | 2 | 2 | 2 | 3 | 6 | 3 | 3 | 2 | 3 | 3 | 3 | 3 | 3 | 3 | 14 | 9 | 15 | 8 | 10 | 7 | 10 | 7 |
| EPS | - | - | - | - | - | - | - | - | - | - | - | - | $-0.25 | $-0.18 | $-0.24 | $0.59 | $-0.50 | $-0.00 | $0.07 | $1.14 | $-0.07 | $0.14 | $0.14 | - | $0.16 | $-0.52 | $-0.48 | $0.65 | $-0.28 | $-0.13 |
| Avg Forecast | $-0.10 | $-0.01 | $-0.30 | $0.27 | $-0.14 | $0.07 | $-0.32 | $0.14 | $-0.40 | $0.03 | $-0.46 | $0.42 | $-0.18 | $-0.20 | $-0.24 | $0.38 | $-0.44 | $0.06 | $0.05 | $0.87 | $-0.09 | $-0.17 | $-0.22 | $0.86 | $0.02 | $-0.26 | $-0.28 | $0.48 | $-0.22 | $-0.13 |
| High Forecast | $-0.10 | $-0.01 | $-0.29 | $0.29 | $-0.13 | $0.08 | $-0.11 | $0.14 | $-0.38 | $0.03 | $-0.43 | $0.47 | $-0.11 | $-0.19 | $-0.23 | $0.41 | $-0.44 | $0.06 | $0.05 | $0.87 | $-0.09 | $-0.17 | $-0.22 | $0.86 | $0.02 | $-0.26 | $-0.28 | $0.48 | $-0.22 | $-0.13 |
| Low Forecast | $-0.11 | $-0.02 | $-0.33 | $0.26 | $-0.15 | $0.07 | $-0.53 | $0.12 | $-0.43 | $0.03 | $-0.49 | $0.38 | $-0.27 | $-0.21 | $-0.26 | $0.36 | $-0.44 | $0.06 | $0.05 | $0.87 | $-0.09 | $-0.17 | $-0.22 | $0.86 | $0.02 | $-0.26 | $-0.28 | $0.48 | $-0.22 | $-0.13 |
| Surprise % | - | - | - | - | - | - | - | - | - | - | - | 0.00% | 1.42% | 0.90% | 1.01% | 1.56% | 1.14% | -0.08% | 1.48% | 1.31% | 0.79% | -0.82% | -0.63% | - | 7.96% | 1.98% | 1.70% | 1.35% | 1.28% | 1.00% |
According to 2 Wall Street analysts, Sonos's projected average Quarter EPS for Mar 24 is $-0.46, with a low estimate of $-0.49 and a high estimate of $-0.43. This represents a -76130.00% decrease compared to SONO previous annual EPS of - (Dec 23).