Sonos, Inc. (NASDAQ:SONO) Receives Average Rating of “Hold” from Analysts

Posted by on Aug 31st, 2026

Sonos, Inc. (NASDAQ:SONO – Get Free Report) has earned an average recommendation of “Hold” from the five research firms that are currently covering the company, Marketbeat reports. Three research analysts have rated the stock with a hold recommendation and two have issued a buy recommendation on the company. The average 1-year target price among brokerages that have covered the stock in the last year is $20.00.

Several equities research analysts recently commented on SONO shares. Weiss Ratings raised Sonos from a “hold (c-)” rating to a “hold (c)” rating in a report on Thursday, August 13th. Rosenblatt Securities restated a “buy” rating and issued a $21.00 price objective on shares of Sonos in a report on Thursday, July 30th. Finally, Wall Street Zen lowered Sonos from a “strong-buy” rating to a “buy” rating in a research note on Saturday, August 22nd.

View Our Latest Stock Analysis on Sonos

Insider Buying and Selling

In other Sonos news, Director Julius Genachowski sold 19,855 shares of the firm’s stock in a transaction dated Wednesday, July 29th. The stock was sold at an average price of $17.00, for a total transaction of $337,535.00. Following the transaction, the director owned 53,775 shares of the company’s stock, valued at approximately $914,175. This trade represents a 26.97% decrease in their ownership of the stock. The sale was disclosed in a document filed with the SEC, which can be accessed through this hyperlink. The transaction was executed under a pre-arranged Rule 10b5-1 trading plan. 1.25% of the stock is owned by corporate insiders.

Institutional Inflows and Outflows

Several hedge funds and other institutional investors have recently modified their holdings of SONO. Amundi increased its stake in shares of Sonos by 36.4% during the second quarter. Amundi now owns 47,353 shares of the company’s stock worth $641,000 after acquiring an additional 12,649 shares during the period. California State Teachers Retirement System boosted its holdings in Sonos by 1,036.2% in the 2nd quarter. California State Teachers Retirement System now owns 1,555,950 shares of the company’s stock valued at $21,052,000 after purchasing an additional 1,419,010 shares in the last quarter. Centaurus Financial Inc. purchased a new stake in Sonos in the 2nd quarter valued at approximately $128,000. Formula Growth Ltd. acquired a new position in Sonos during the 2nd quarter worth approximately $676,000. Finally, Public Employees Retirement System of Ohio acquired a new position in Sonos during the 2nd quarter worth approximately $841,000. 85.82% of the stock is currently owned by hedge funds and other institutional investors.

Sonos Stock Performance

Shares of SONO opened at $15.30 on Monday. Sonos has a 12 month low of $12.44 and a 12 month high of $19.82. The stock’s 50 day moving average is $14.97 and its two-hundred day moving average is $14.76. The firm has a market cap of $1.81 billion, a P/E ratio of 34.00 and a beta of 1.95.

Sonos (NASDAQ:SONO – Get Free Report) last announced its earnings results on Wednesday, July 29th. The company reported $0.27 earnings per share (EPS) for the quarter, beating the consensus estimate of $0.04 by $0.23. Sonos had a net margin of 3.82% and a return on equity of 19.10%. The business had revenue of $375.26 million for the quarter, compared to analyst estimates of $365.65 million. During the same quarter last year, the business earned ($0.03) earnings per share. The company’s revenue for the quarter was up 8.8% compared to the same quarter last year. Equities research analysts forecast that Sonos will post 0.69 EPS for the current year.

Sonos Company Profile

(Get Free Report)

Sonos, Inc is a consumer electronics company specializing in wireless home audio systems. The company’s core business revolves around designing, developing and manufacturing smart speakers and soundbars that deliver high-fidelity audio and seamless multi-room listening experiences. Sonos products connect via Wi-Fi or Bluetooth and integrate with popular streaming services, enabling users to control music and other audio content through a dedicated mobile app, voice assistants or traditional controls.

Sonos offers a diversified product lineup that includes compact speakers such as Sonos One and Sonos Roam, premium models like Sonos Five and Sonos Move, home theater solutions including Sonos Beam and Sonos Arc, as well as accessories such as the Sonos Sub and Sonos Amp.

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