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NASDAQ:SONO - Sonos Stock Price Target and Predictions

  • Consensus Rating: Buy
  • Consensus Price Target: $25.71
  • Forecasted Upside: -31.97 %
  • Number of Analysts: 8
  • Breakdown:
  • 0 Sell Ratings
  • 4 Hold Ratings
  • 4 Buy Ratings
  • 0 Strong Buy Ratings
$37.80 As of 03/5/2021 01:00 AM ET
▲ +0.87 (2.36%)
1 month | 3 months | 12 months
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Analyst Price Target for SONO

i We calculate consensus analyst ratings for stocks using the most recent rating from each Wall Street analyst that has rated a stock within the last twelve months. Each analyst's rating is normalized to a standardized rating score of 1 (sell), 2 (hold), 3 (buy) or 4 (strong buy). Analyst consensus ratings scores are calculated using the mean average of the number of normalized sell, hold, buy and strong buy ratings from Wall Street analysts. Each stock's consensus analyst rating is derived from its calculated consensus ratings score (0-1.5 = Sell, 1.5-2.5 = Hold, 2.5-3.5 = Buy, >3.5 = Strong Buy). Our consensus price targets are a mean average of the most recent available price targets set by each analyst that has set a price target for the stock in the last twelve months. Our consensus ratings and consensus price targets may differ from those calculated by other firms due to differences in methodology and available data.
$25.71
▼ -31.97% Downside Potential
This price target is based on 8 analysts offering 12 month price targets for Sonos in the last 3 months. The average price target is $25.71, with a high forecast of $45.00 and a low forecast of $16.00. The average price target represents a -31.97% upside from the last price of $37.80.
Buy
The current consensus among 8 contributing investment analysts is to buy stock in Sonos. This rating has held steady since November 2020, when it changed from a Hold consensus rating.

Past Monthly Recommendations

Move your mouse over past months for details

  • 0 strong buy ratings
  • 2 buy ratings
  • 3 hold ratings
  • 0 sell ratings
Ratings as of
9/13/2019
  • 0 strong buy ratings
  • 3 buy ratings
  • 3 hold ratings
  • 0 sell ratings
Ratings as of
12/12/2019
  • 0 strong buy ratings
  • 3 buy ratings
  • 2 hold ratings
  • 0 sell ratings
Ratings as of
3/11/2020
  • 0 strong buy ratings
  • 3 buy ratings
  • 3 hold ratings
  • 0 sell ratings
Ratings as of
6/9/2020
  • 0 strong buy ratings
  • 4 buy ratings
  • 4 hold ratings
  • 0 sell ratings
Ratings as of
9/7/2020
  • 0 strong buy ratings
  • 4 buy ratings
  • 4 hold ratings
  • 0 sell ratings
Ratings as of
12/6/2020
  • 0 strong buy ratings
  • 4 buy ratings
  • 4 hold ratings
  • 0 sell ratings
Ratings as of
2/4/2021
  • 0 strong buy ratings
  • 4 buy ratings
  • 4 hold ratings
  • 0 sell ratings
Ratings as of
3/6/2021

Latest Recommendations

  • 0 strong buy ratings
  • 4 buy ratings
  • 4 hold ratings
  • 0 sell ratings

DateBrokerageActionRatingPrice TargetImpact on Share PriceDetails
2/11/2021The Goldman Sachs GroupUpgradeSell ➝ Neutral$17.00 ➝ $37.00Low
i
2/11/2021Morgan StanleyBoost Price TargetOverweight$35.00 ➝ $45.00Low
i
2/3/2021Morgan StanleyBoost Price TargetOverweight$30.00 ➝ $35.00High
i
11/19/2020DA DavidsonBoost Price TargetBuy$16.00 ➝ $24.00High
i
11/19/2020Morgan StanleyBoost Price TargetOverweight$20.00 ➝ $30.00High
i
11/19/2020Royal Bank of CanadaBoost Price TargetPositive ➝ Outperform$19.00 ➝ $24.00High
i
10/15/2020Bank of AmericaUpgradeNeutral ➝ Buy$17.50 ➝ $18.00Medium
i
Rating by John Babcock at Bank of America Co.
8/11/2020DA DavidsonBoost Price Target$12.00 ➝ $16.00Low
i
8/10/2020Jefferies Financial GroupReiterated RatingHold$16.00Medium
i
8/6/2020Stifel NicolausBoost Price TargetHold$11.00 ➝ $16.00High
i
8/6/2020Morgan StanleyBoost Price TargetOverweight$19.00 ➝ $20.00High
i
7/29/2020Raymond JamesDowngradeStrong-Buy ➝ Market PerformHigh
i
7/21/2020Bank of AmericaBoost Price TargetNeutral$12.90 ➝ $17.50Low
i
Rating by John Babcock at Bank of America Co.
7/14/2020Royal Bank of CanadaBoost Price Target$12.00 ➝ $19.00Low
i
6/11/2020Morgan StanleyBoost Price TargetOverweight$13.00 ➝ $19.00High
i
5/7/2020Bank of AmericaReiterated RatingNeutral$12.00 ➝ $12.90Medium
i
Rating by John Babcock at Bank of America Co.
4/17/2020The Goldman Sachs GroupDowngradeBuy ➝ Sell$20.00 ➝ $7.50High
i
2/25/2020Bank of AmericaInitiated CoverageNeutral$15.00Low
i
2/9/2020Royal Bank of CanadaReiterated RatingBuy$18.00Medium
i
11/12/2019Royal Bank of CanadaInitiated CoverageOutperform$18.00Low
i
9/9/2019DA DavidsonSet Price TargetBuy$20.00Low
i
Rating by Tom Forte at DA Davidson
9/4/2019Jefferies Financial GroupBoost Price TargetHold$12.00 ➝ $16.00High
i
8/19/2019Raymond JamesUpgradeOutperform ➝ Strong-Buy$19.00High
i
4/1/2019DA DavidsonInitiated CoverageBuy ➝ Buy$20.00High
i
Rating by T. Forte at DA Davidson
2/7/2019Stifel NicolausLower Price TargetHold$20.00 ➝ $14.00High
i
1/28/2019Morgan StanleyUpgradeEqual Weight ➝ Overweight$20.00 ➝ $15.00High
i
11/16/2018Raymond JamesReiterated RatingBuyHigh
i
Rating by Adam Tindle at Raymond James
8/27/2018Jefferies Financial GroupInitiated CoverageHold ➝ Hold$23.00High
i
8/27/2018Morgan StanleyInitiated CoverageEqual ➝ Equal Weight$20.00High
i
8/27/2018Royal Bank of CanadaInitiated CoverageOutperform ➝ Outperform$25.00High
i
8/27/2018Raymond JamesInitiated CoverageOutperform ➝ Outperform$24.00High
i
8/27/2018Stifel NicolausInitiated CoverageHold$20.00High
i
8/27/2018The Goldman Sachs GroupInitiated CoverageBuy ➝ Buy$25.00High
i
(Data available from 3/7/2016 forward)
Sonos logo
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. It offers its products through approximately 10,000 third-party retail stores, including custom installers of home audio systems; and e-commerce retailers, as well as through its Website sonos.com. The company was formerly known as Rincon Audio, Inc. and changed its name to Sonos, Inc. in May 2004. Sonos, Inc. was founded in 2002 and is headquartered in Santa Barbara, California.
Read More

Today's Range

Now: $37.80
$34.49
$38.11

50 Day Range

MA: $32.39
$26.15
$41.08

52 Week Range

Now: $37.80
$6.58
$41.99

Volume

4,220,280 shs

Average Volume

3,067,630 shs

Market Capitalization

$4.53 billion

P/E Ratio

N/A

Dividend Yield

N/A

Beta

1.93

Frequently Asked Questions

What sell-side analysts currently cover shares of Sonos?

The following Wall Street sell-side analysts have issued research reports on Sonos in the last year: Bank of America Co., DA Davidson, Jefferies Financial Group Inc., Morgan Stanley, Raymond James, Royal Bank of Canada, Stifel Nicolaus, The Goldman Sachs Group, Inc., TheStreet, and Zacks Investment Research.
View the latest analyst ratings for SONO.

What is the current price target for Sonos?

7 Wall Street analysts have set twelve-month price targets for Sonos in the last year. Their average twelve-month price target is $25.71, suggesting a possible downside of 32.0%. Morgan Stanley has the highest price target set, predicting SONO will reach $45.00 in the next twelve months. Stifel Nicolaus has the lowest price target set, forecasting a price of $16.00 for Sonos in the next year.
View the latest price targets for SONO.

What is the current consensus analyst rating for Sonos?

Sonos currently has 4 hold ratings and 4 buy ratings from Wall Street analysts. The stock has a consensus analyst rating of "Buy." A "buy" rating indicates that analysts believe SONO will outperform the market and that investors should add to their positions of Sonos.
View the latest ratings for SONO.

What other companies compete with Sonos?

Other companies that are similar to Sonos include Knowles, Universal Electronics, Arlo Technologies, Genasys, Koss, Rockford, Technicolor, Emerson Radio, Integrated Media Technology, Provision, The Guitammer and Hollund Industrial Marine.

How do I contact Sonos' investor relations team?

Sonos' physical mailing address is 614 CHAPALA STREET, SANTA BARBARA CA, 93101. The company's listed phone number is 805-965-3001 and its investor relations email address is [email protected] The official website for Sonos is www.sonos.com.