What is Sonos stock price forecast?
Apr 18, 2022 · If you are looking for stocks with good return, Sonos Inc can be a profitable investment option. Sonos Inc quote is equal to 26.080 USD at 2022-04-17. Based on our forecasts, a long-term increase is expected, the "SONO" stock price prognosis for 2027-04-09 is …
How to buy shares in SONOS?
Apr 15, 2022 · Their forecasts range from $34.00 to $50.00. On average, they anticipate Sonos' stock price to reach $43.00 in the next twelve months. This suggests a possible upside of 83.0% from the stock's current price. View analysts' price targets for Sonos or view top-rated stocks among Wall Street analysts.
What is the volatility of Sonos's stock?
Nov 29, 2021 · Sonos is not only growing its membership base impressively but it is also getting existing members to purchase more products. See if SONO stock can reach $50. Seeking Alpha - Go to Homepage
What is the upside for Sonos'stock?
Dec 23, 2020 · In terms of proximity to its 52-week high, which is a key factor that our Buy & Hold Grade considers, SONO is well positioned. The stock is currently trading just 0.1% below its 52-week high of $25.29.
Will Sonos stock go up?
Based on 4 Wall Street analysts offering 12 month price targets for Sonos in the last 3 months. The average price target is $42.75 with a high forecast of $50.00 and a low forecast of $34.00. The average price target represents a 81.91% change from the last price of $23.50.
Is Sonos a good stock to invest?
Sonos is holding a Zacks Rank of #1 (Strong Buy) right now. Digging into valuation, Sonos currently has a Forward P/E ratio of 23.3. This valuation marks a premium compared to its industry's average Forward P/E of 13.77. Investors should also note that SONO has a PEG ratio of 1.37 right now.
Is Sonos overvalued?
Price to Book Ratio PB vs Industry: SONO is overvalued based on its PB Ratio (4.9x) compared to the US Consumer Durables industry average (1.5x).
Is Sonos stock a buy or sell?
4 analysts recommended to BUY the stock. 0 analysts recommended to SELL the stock. The latest stock analyst recommendation is . Read the latest stock experts' ratings for Sonos Inc..
Is Sonos undervalued?
Recently beaten down as a tech stock, SONO is significantly undervalued, with an overall upside potential of 60%.Feb 8, 2022
Why does Sonos stock keep dropping?
Key Points. Sonos is dealing with inflation, supply chain issues, and the global chip shortage. The home audio leader announced price increases to offset its higher costs. The stock dropped 18.5% without any bad news coming out, making an attractrive entry point for value investors.Oct 7, 2021
Is SEV a good buy?
On average, analysts give SEV a Strong Buy rating. The average price target is $22, which means analysts expect the stock to add by 110.12% over the next twelve months. That average ranking earns SEV an Analyst Rating of 74, which is better than 74% of stocks based on data compiled by InvestorsObserver.Jan 3, 2022
Is Sonos a buy right now?
Sonos has received a consensus rating of Buy. The company's average rating score is 3.00, and is based on 2 buy ratings, no hold ratings, and no sell ratings.
Does Sono Motors have stock?
Sono Motors' stock is tradable on NASDAQ. Some brokers and banks also allow the share to be traded in Germany. In principle, we can be found under the ticker "SEV".
Is Sonos a buy right now?
2 Wall Street equities research analysts have issued "buy," "hold," and "sell" ratings for Sonos in the last twelve months. There are currently 2 b...
How has Sonos' stock been impacted by Coronavirus (COVID-19)?
Sonos' stock was trading at $9.84 on March 11th, 2020 when Coronavirus (COVID-19) reached pandemic status according to the World Health Organizatio...
When is Sonos' next earnings date?
Sonos is scheduled to release its next quarterly earnings announcement on Wednesday, May 11th 2022. View our earnings forecast for Sonos .
How were Sonos' earnings last quarter?
Sonos, Inc. (NASDAQ:SONO) issued its earnings results on Wednesday, February, 9th. The company reported $1.02 earnings per share for the quarter, t...
What guidance has Sonos issued on next quarter's earnings?
Sonos updated its FY 2022 earnings guidance on Wednesday, February, 23rd. The company provided EPS guidance of for the period. The company issued r...
What price target have analysts set for SONO?
2 equities research analysts have issued 1 year price objectives for Sonos' stock. Their forecasts range from $34.00 to $50.00. On average, they ex...
Who are Sonos' key executives?
Sonos' management team includes the following people: Mr. Patrick Spence , CEO, Pres & Director (Age 47, Pay $523.35k) ( LinkedIn Profile ) Ms....
What is Patrick Spence's approval rating as Sonos' CEO?
79 employees have rated Sonos CEO Patrick Spence on Glassdoor.com . Patrick Spence has an approval rating of 98% among Sonos' employees. This puts...
Who are some of Sonos' key competitors?
Some companies that are related to Sonos include Knowles (KN) , VIZIO (VZIO) , Arlo Technologies (ARLO) , Universal Electronics (UEIC) , Rockf...
What happened
Sonos ( NASDAQ:SONO) ended last week on a high note, after a judge ruled in its favor over a patent dispute with Alphabet 's ( NASDAQ:GOOG) ( NASDAQ:GOOGL) Google. This win could potentially lead to more licensing revenue, so it isn't surprising to see Wall Streeters jumping on the bandwagon.
So what
Last week, a judge with the U.S. International Trade Commission ruled that Google had violated Sonos' patents for certain product features. These patents include synchronizing playback on smart devices, volume control, stereo pairing, and setup.
Now what
As more people stream video and music at home, it's opening a huge growth market for Sonos, which is why winning the recent patent dispute is important.
How to buy shares in Sonos
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Is it a good time to buy Sonos stock?
The technical analysis gauge below displays real-time ratings for the timeframes you select. This is not a recommendation, however. It represents a technical analysis based on the most popular technical indicators: Moving Averages, Oscillators and Pivots. Finder might not concur and takes no responsibility.
Is Sonos under- or over-valued?
Valuing Sonos stock is incredibly difficult, and any metric has to be viewed as part of a bigger picture of Sonos's overall performance. However, analysts commonly use some key metrics to help gauge the value of a stock.
Shorting Sonos shares
There are currently 8.8 million Sonos shares held short by investors – that's known as Sonos's "short interest". This figure is 8.9% up from 8.1 million last month.
Sonos share price volatility
Over the last 12 months, Sonos's shares have ranged in value from as little as $13.19 up to $44.72. A popular way to gauge a stock's volatility is its "beta".
Sonos overview
Sonos, Inc. , together with its subsidiaries, designs, develops, manufactures, and sells multi-room audio products in the Americas, Europe, the Middle East, Africa, and the Asia Pacific. The company provides wireless speakers, home theater speakers, components, and accessories.
The company appears to be back to growth after a disappointing quarterly report last time
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What happened
Shares of home-audio company Sonos ( NASDAQ:SONO) spiked on Thursday, briefly surpassing previous all-time highs set shortly after its initial public offering (IPO) in 2018. Today, investors were cheering the company's full-year financial results that showed strong growth, particularly in its direct-to-consumer (DTC) business. As of 12:15 p.m.
So what
The fiscal year for Sonos ended on Oct. 3, and today the company released results for the fiscal fourth quarter, closing out 2020. For the fiscal year, revenue was only up 5% year over year to $1.3 billion, but a lot of this came in the final quarter, when revenue was up a whopping 16% from a year ago.
Now what
For fiscal 2021, management is guiding for revenue of $1.44 billion to $1.50 billion, representing a 11% to 15% year-over-year increase. Beyond this, the consumer-discretionary company plans an investor-day presentation on March 9 to provide shareholders with its vision and long-term financial targets.
