Sonos (SONO) Stock Forecast, Price Target & Predictions
SONO Stock Forecast
Sonos stock forecast is as follows: an average price target of $21.33 (represents a 66.64% upside from SONO’s last price of $12.80) 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 66.64% upside from SONO's last price of $12.80.
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% | 40.63% |
| Sep 26, 2024 | Erik Woodring | Morgan Stanley | $11.00 | $12.59 | -12.63% | -14.06% |
| Mar 25, 2024 | Steve Frankel | Rosenblatt Securities | $24.00 | $18.89 | 27.05% | 87.50% |
| Jun 14, 2022 | Katy Huberty | Morgan Stanley | $28.00 | $19.60 | 42.86% | 118.75% |
| Jun 06, 2022 | Brent Thill | Jefferies | $35.00 | $22.17 | 57.87% | 173.44% |
| Mar 15, 2022 | Brent Thill | Jefferies | $50.00 | $24.49 | 104.16% | 290.63% |
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 40.63% increase from SONO last price ($12.80).
Sonos Price Target by Period
| 1M | 3M | 12M | |
|---|---|---|---|
| # Anlaysts | 1 | 2 | 3 |
| Avg Price Target | $18.00 | $14.50 | $17.67 |
| Last Closing Price | $12.80 | $12.80 | $12.80 |
| Upside/Downside | 40.63% | 13.28% | 38.05% |
In the current month, the average price target of Sonos stock is $18.00, according to 1 Wall Street analyst offering twelve months forecast. The average price target represents a 40.63% increase as opposed to Sonos's last price of $12.80. This month's average price target is up 24.14% compared to last quarter, and up 1.87% 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 |
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 | $374.83M | $452.14M | $283.87M | $439.37M | $313.15M | $406.16M | $259.14M | $522.03M | $249.64M | $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 | $374.83M | $452.14M | $283.87M | $439.37M | $313.15M | $406.16M | $259.14M | $522.03M | $251.33M | $391.23M | $249.13M | $596.54M | $312.35M | $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 |
| Low Forecast | $374.83M | $452.14M | $283.87M | $439.37M | $313.15M | $406.16M | $259.14M | $522.03M | $247.08M | $391.23M | $245.69M | $582.54M | $287.72M | $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 |
| # Analysts | 2 | 2 | 2 | 1 | 1 | 1 | 1 | 1 | 3 | 1 | 1 | 3 | 6 | 3 | 3 | 3 | 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 1 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 | 2 | 2 | 2 | 1 | 1 | 1 | 1 | 1 | 3 | 1 | 1 | 3 | 6 | 3 | 3 | 3 | 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 | $15.30M | $18.45M | $11.58M | $17.93M | $12.78M | $16.57M | $10.57M | $21.30M | $10.19M | $15.97M | $90.91M | $24.04M | $12.24M | $13.71M | $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 | $15.30M | $18.45M | $11.58M | $17.93M | $12.78M | $16.57M | $10.57M | $21.30M | $10.26M | $15.97M | $109.10M | $24.34M | $12.75M | $13.71M | $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 | $15.30M | $18.45M | $11.58M | $17.93M | $12.78M | $16.57M | $10.57M | $21.30M | $10.08M | $15.97M | $72.73M | $23.77M | $11.74M | $13.71M | $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 % | - | - | - | - | - | - | - | - | - | - | - | 3.32% | -2.32% | -1.55% | -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% |
1 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 | 2 | 2 | 2 | 1 | 1 | 1 | 1 | 1 | 3 | 1 | 1 | 3 | 6 | 3 | 3 | 3 | 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 | $-5.09M | $24.18M | $-33.08M | $55.99M | $-10.94M | $8.40M | $-36.65M | $13.04M | $-49.12M | $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 | $-5.09M | $24.18M | $-33.08M | $55.99M | $-10.94M | $8.40M | $-36.65M | $13.04M | $-46.88M | $3.82M | $95.83M | $60.36M | $-14.16M | $-25.45M | $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 | $-5.09M | $24.18M | $-33.08M | $55.99M | $-10.94M | $8.40M | $-36.65M | $13.04M | $-49.12M | $3.82M | $63.89M | $48.82M | $-34.23M | $-25.45M | $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 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 | 2 | 2 | 2 | 1 | 1 | 1 | 1 | 1 | 3 | 1 | 1 | 3 | 6 | 3 | 3 | 3 | 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 | $100.16M | $120.82M | $75.85M | $117.41M | $83.68M | $108.53M | $69.25M | $139.50M | $66.71M | $104.54M | $66.11M | $157.42M | $80.17M | $89.76M | $79.08M | $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 | $100.16M | $120.82M | $75.85M | $117.41M | $83.68M | $108.53M | $69.25M | $139.50M | $67.16M | $104.54M | $66.57M | $159.40M | $83.46M | $89.76M | $79.08M | $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 | $100.16M | $120.82M | $75.85M | $117.41M | $83.68M | $108.53M | $69.25M | $139.50M | $66.02M | $104.54M | $65.65M | $155.66M | $76.88M | $89.76M | $79.08M | $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% | 1.37% | 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 $66.11M, based on 1 Wall Street analysts, with a range of $65.65M to $66.57M. The forecast indicates a -46.58% 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 | 2 | 2 | 2 | 1 | 1 | 1 | 1 | 1 | 3 | 1 | 1 | 3 | 6 | 3 | 3 | 3 | 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 | $-0.04 | $0.19 | $-0.26 | $0.44 | $-0.09 | $0.07 | $-0.29 | $0.10 | $-0.39 | $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 | $-0.04 | $0.19 | $-0.26 | $0.44 | $-0.09 | $0.07 | $-0.29 | $0.10 | $-0.37 | $0.03 | $-0.46 | $0.47 | $-0.11 | $-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 |
| Low Forecast | $-0.04 | $0.19 | $-0.26 | $0.44 | $-0.09 | $0.07 | $-0.29 | $0.10 | $-0.39 | $0.03 | $-0.46 | $0.38 | $-0.27 | $-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 |
| 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 1 Wall Street analysts, Sonos's projected average Quarter EPS for Mar 24 is $-0.46, with a low estimate of $-0.46 and a high estimate of $-0.46. This represents a -76130.00% decrease compared to SONO previous annual EPS of - (Dec 23).
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 66.64% from its last price of $12.8. 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 66.64% (from the last price of $12.8 to the average price target of $21.33), up by 173.44% based on the highest stock price target, and down by -14.06% 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 is Sonos's current price target trend?
1 Wall Street analyst forecast a $18 price target for Sonos (SONO) this month, up 40.62% from its last price of $12.8. Compared to the last 3 and 12 months, the average price target increased by 13.28% and increased by 38.05%, respectively.
What are Sonos's analysts' financial forecasts?
Sonos's analysts financial forecasts for the fiscal year (Sep 2025) are as follows: average revenue is $1.5B (high $1.5B, low $1.5B), average EBITDA is $61.23M (high $61.23M, low $61.23M), average net income is $-26.149M (high $-26.149M, low $-26.149M), average SG&A $400.95M (high $400.95M, low $400.95M), and average EPS is $-0.205 (high $-0.205, low $-0.205). SONO's analysts financial forecasts for the fiscal year (Sep 2026) are as follows: average revenue is $1.55B (high $1.55B, low $1.55B), average EBITDA is $63.26M (high $63.26M, low $63.26M), average net income is $41.99M (high $41.99M, low $41.99M), average SG&A $414.24M (high $414.24M, low $414.24M), and average EPS is $0.33 (high $0.33, low $0.33).
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 $208.09M by -109.87%. 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 $346.08M by 25.99%. 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 $24.04M by 231.51%. 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 $157.42M by -21.39%. Lastly, the company's EPS was $0.0006, missing the average prediction of $0.419 by -99.86%