​
​

Sonos (SONO) Stock Forecast, Price Target & Predictions

OverviewRevenueOwnershipFinancialsChartTranscripts

SONO Stock Forecast

Sonos stock forecast is as follows: an average price target of $21.33 (represents a 64.71% upside from SONO’s last price of $12.95) 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 $21.33 based on 1-year price targets from 9 Wall Street analysts in the past 3 months, with a price target range of $35.00 to $11.00. This represents a potential 64.71% upside from SONO's last price of $12.95.

SONO Analyst Ratings

Buy

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

DateAnalystCompanyPrice TargetPrice when PublishedPrice Target/Price when PublishedPrice Target/Last Closing Price
Oct 16, 2024Steve FrankelRosenblatt Securities$18.00$12.0249.75%39.00%
Sep 26, 2024Erik WoodringMorgan Stanley$11.00$12.59-12.63%-15.06%
Mar 25, 2024Steve FrankelRosenblatt Securities$24.00$18.8927.05%85.33%
Jun 14, 2022Katy HubertyMorgan Stanley$28.00$19.6042.86%116.22%
Jun 06, 2022Brent ThillJefferies$35.00$22.1757.87%170.27%
Mar 15, 2022Brent ThillJefferies$50.00$24.49104.16%286.10%
Row per page
Go to

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 39.00% increase from SONO last price ($12.95).

Sonos Price Target by Period

1M3M12M
# Anlaysts-23
Avg Price Target-$14.50$17.67
Last Closing Price$12.95$12.95$12.95
Upside/Downside-100.00%11.97%36.45%

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 $12.95. 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

DateCompanyPrevious RatingNew RatingRating Change
Sep 26, 2024Morgan StanleyUnderperformUnderweightDowngrade
Mar 25, 2024Rosenblatt SecuritiesBuyBuyHold
Feb 07, 2024Rosenblatt SecuritiesBuyBuyHold
Feb 07, 2024Morgan StanleyUnderperformUnderperformHold
Sep 08, 2023Cantor Fitzgerald-OverweightInitialise
Sep 08, 2023Craig-Hallum-BuyInitialise
Sep 08, 2023RBC Capital-Sector PerformInitialise
Sep 08, 2023Goldman Sachs-NeutralInitialise
Sep 08, 2023Piper Sandler-OverweightInitialise
Aug 11, 2022Raymond JamesMarket PerformMarket PerformHold
Row per page
Go to

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 26Jun 26Mar 26Dec 25Sep 25Jun 25Mar 25Dec 24Sep 24Jun 24Mar 24Dec 23Sep 23Jun 23Mar 23Dec 22Sep 22Jun 22Mar 22Dec 21Sep 21Jun 21Mar 21Dec 20Sep 20Jun 20Mar 20Dec 19Sep 19Jun 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$307.79M$403.84M$259.08M$544.28M$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$365.89M$432.29M$324.85M$622.44M$321.66M$422.04M$283.14M$555.64M$248.78M$391.23M$249.13M$596.54M$312.35M$351.05M$309.26M$621.11M$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$339.98M$401.68M$301.85M$578.37M$298.88M$392.15M$243.49M$536.53M$247.07M$391.23M$245.69M$582.54M$287.72M$326.19M$287.37M$577.13M$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
# Analysts1111113322236332333333149158107107
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 26Jun 26Mar 26Dec 25Sep 25Jun 25Mar 25Dec 24Sep 24Jun 24Mar 24Dec 23Sep 23Jun 23Mar 23Dec 22Sep 22Jun 22Mar 22Dec 21Sep 21Jun 21Mar 21Dec 20Sep 20Jun 20Mar 20Dec 19Sep 19Jun 19
# Analysts1111113322236332333333149158107107
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$13.13M$15.51M$11.66M$22.33M$11.54M$15.14M$9.71M$20.41M$9.30M$14.67M$90.91M$22.09M$11.25M$12.59M$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$13.72M$16.21M$12.18M$23.34M$12.06M$15.82M$10.62M$20.83M$9.33M$14.67M$109.10M$22.37M$11.71M$13.16M$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$12.75M$15.06M$11.32M$21.69M$11.21M$14.70M$9.13M$20.12M$9.26M$14.67M$72.73M$21.84M$10.79M$12.23M$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 %-----------3.61%-2.52%-1.69%-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 26Jun 26Mar 26Dec 25Sep 25Jun 25Mar 25Dec 24Sep 24Jun 24Mar 24Dec 23Sep 23Jun 23Mar 23Dec 22Sep 22Jun 22Mar 22Dec 21Sep 21Jun 21Mar 21Dec 20Sep 20Jun 20Mar 20Dec 19Sep 19Jun 19
# Analysts1111113322236332333333149158107107
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$-14.01M
Avg Forecast$-12.72M$-1.91M$-38.81M$34.36M$-14.63M$10.82M$-37.75M$17.31M$-50.90M$3.82M$79.86M$53.26M$-22.43M$-25.45M$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$-16.54M
High Forecast$-12.25M$-1.84M$-37.35M$36.37M$-14.08M$11.45M$-18.87M$22.11M$-48.98M$4.04M$95.83M$60.36M$-14.16M$-24.49M$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$-16.54M
Low Forecast$-13.47M$-2.02M$-41.08M$33.06M$-15.49M$10.41M$-56.62M$12.50M$-53.88M$3.67M$63.89M$48.82M$-34.23M$-26.94M$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 %-----------1.52%1.39%0.93%-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 26Jun 26Mar 26Dec 25Sep 25Jun 25Mar 25Dec 24Sep 24Jun 24Mar 24Dec 23Sep 23Jun 23Mar 23Dec 22Sep 22Jun 22Mar 22Dec 21Sep 21Jun 21Mar 21Dec 20Sep 20Jun 20Mar 20Dec 19Sep 19Jun 19
# Analysts1111113322236332333333149158107107
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$82.35M$108.05M$69.32M$145.62M$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$97.89M$115.66M$86.92M$166.54M$86.06M$112.92M$75.75M$148.66M$66.56M$104.67M$66.65M$159.60M$83.57M$93.92M$82.74M$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$90.96M$107.47M$80.76M$154.74M$79.97M$104.92M$65.15M$143.55M$66.10M$104.67M$65.73M$155.86M$76.98M$87.27M$76.88M$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 26Jun 26Mar 26Dec 25Sep 25Jun 25Mar 25Dec 24Sep 24Jun 24Mar 24Dec 23Sep 23Jun 23Mar 23Dec 22Sep 22Jun 22Mar 22Dec 21Sep 21Jun 21Mar 21Dec 20Sep 20Jun 20Mar 20Dec 19Sep 19Jun 19
# Analysts1111113322236332333333149158107107
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$0.27$-0.12$0.09$-0.30$0.14$-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$0.29$-0.11$0.09$-0.15$0.17$-0.38$0.03$-0.44$0.47$-0.11$-0.19$-0.23$0.40$-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$-0.02$-0.32$0.26$-0.12$0.08$-0.45$0.10$-0.42$0.03$-0.48$0.38$-0.27$-0.21$-0.25$0.36$-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 $-0.48 and a high estimate of $-0.44. This represents a -76130.00% decrease compared to SONO previous annual EPS of - (Dec 23).

Sonos Peer Comparison by Price Target

TickerCompanyLast Closing PriceAvg Price TargetUpside/DownsideAvg Rating
SONYSony Group$19.18$105.00447.45%Buy
VUZIVuzix$1.12$3.00167.86%Buy
VOXXVOXX$6.66$16.00140.24%-
SONOSonos$12.95$21.3364.71%Buy
HEARTurtle Beach$14.84$20.2536.46%Buy
UEICUniversal Electronics$11.70$14.5023.93%Hold
VZIOVIZIO$11.30$12.339.12%Buy

SONO Forecast FAQ

Is Sonos a good buy?

Yes, according to 9 Wall Street analysts, Sonos (SONO) is considered a 'Buy'. The rating consensus is based on 0 'Strong Buy' and 5 'Buy' recommendations, accounting for 55.56% of SONO's total ratings.

What is SONO's price target?

Sonos (SONO) average price target is $21.33 with a range of $11 to $35, implying a 64.71% from its last price of $12.95. The data is based on 9 Wall Street analysts who provided a twelve-month price target estimate in the last three months.

Will Sonos stock go up soon?

According to Wall Street analysts' prediction for SONO stock, the company can go up by 64.71% (from the last price of $12.95 to the average price target of $21.33), up by 170.27% based on the highest stock price target, and down by -15.06% based on the lowest stock price target.

Can Sonos stock reach $20?

SONO's average twelve months analyst stock price target of $21.33 supports the claim that Sonos can reach $20 in the near future.

What are Sonos's analysts' financial forecasts?

Sonos's analysts financial forecasts for the fiscal year (Sep 2025) are as follows: average revenue is $1.51B (high $1.58B, low $1.47B), average EBITDA is $56.8M (high $59.33M, low $55.16M), average net income is $-24.262M (high $605.52K, low $-49.208M), average SG&A $405.34M (high $423.39M, low $393.58M), and average EPS is $-0.191 (high $0.00476, low $-0.387). SONO's analysts financial forecasts for the fiscal year (Sep 2026) are as follows: average revenue is $1.67B (high $1.75B, low $1.62B), average EBITDA is $62.62M (high $65.45M, low $60.81M), average net income is $-19.087M (high $-15.064M, low $-23.51M), average SG&A $446.87M (high $467M, low $433.94M), and average EPS is $-0.15 (high $-0.118, low $-0.185).

Did the SONO's actual financial results beat the analysts' financial forecasts?

Based on Sonos's last annual report (Sep 2023), the company's revenue was $1.66B, beating the average analysts forecast of $1.53B by 8.46%. Apple's EBITDA was $-20.547M, missing the average prediction of $205.98M by -109.98%. The company's net income was $-10.274M, missing the average estimation of $112.34M by -109.15%. Apple's SG&A was $436.04M, beating the average forecast of $346.39M by 25.88%. Lastly, the company's EPS was $-0.0805, missing the average prediction of $-0.236 by -65.88%. In terms of the last quarterly report (Dec 2023), Sonos's revenue was $612.87M, beating the average analysts' forecast of $589.1M by 4.04%. The company's EBITDA was $79.7M, beating the average prediction of $22.09M by 260.80%. Sonos's net income was $80.95M, beating the average estimation of $53.26M by 51.98%. The company's SG&A was $123.75M, missing the average forecast of $157.61M by -21.49%. Lastly, the company's EPS was $0.0006, missing the average prediction of $0.419 by -99.86%