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

Shares of Sonos, Inc. (NASDAQ:SONO) have been assigned a consensus rating of “Hold” from the five research firms that are presently covering the company, MarketBeat reports. One equities research analyst has rated the stock with a sell rating, two have assigned a hold rating and two have given a buy rating to the company. The average 12 month price objective among analysts that have issued a report on the stock in the last year is $20.00.

A number of equities research analysts recently weighed in on SONO shares. Rosenblatt Securities restated a “buy” rating and issued a $21.00 price target on shares of Sonos in a research note on Monday, June 15th. Weiss Ratings raised shares of Sonos from a “sell (d-)” rating to a “sell (d)” rating in a research report on Thursday, May 7th. Zacks Research downgraded shares of Sonos from a “strong-buy” rating to a “hold” rating in a report on Monday, April 6th. Finally, Wall Street Zen lowered shares of Sonos from a “strong-buy” rating to a “buy” rating in a research report on Saturday, May 2nd.

Sonos Stock Up 3.0%

Shares of NASDAQ SONO traded up $0.42 during midday trading on Friday, hitting $14.50. 1,355,337 shares of the company’s stock were exchanged, compared to its average volume of 2,156,170. Sonos has a 12 month low of $10.11 and a 12 month high of $19.82. The company’s 50 day moving average price is $14.77 and its 200 day moving average price is $15.00. The firm has a market capitalization of $1.73 billion, a PE ratio of 85.30 and a beta of 1.96.

Institutional Inflows and Outflows

Institutional investors and hedge funds have recently bought and sold shares of the stock. GAMMA Investing LLC raised its position in shares of Sonos by 10.2% in the 4th quarter. GAMMA Investing LLC now owns 6,832 shares of the company’s stock worth $120,000 after acquiring an additional 631 shares in the last quarter. Centaurus Financial Inc. lifted its stake in shares of Sonos by 6.6% in the 3rd quarter. Centaurus Financial Inc. now owns 11,056 shares of the company’s stock valued at $175,000 after purchasing an additional 681 shares during the period. State of Wisconsin Investment Board boosted its position in shares of Sonos by 1.7% during the 4th quarter. State of Wisconsin Investment Board now owns 43,982 shares of the company’s stock valued at $772,000 after purchasing an additional 724 shares in the last quarter. Intech Investment Management LLC boosted its position in shares of Sonos by 0.7% during the 4th quarter. Intech Investment Management LLC now owns 117,718 shares of the company’s stock valued at $2,067,000 after purchasing an additional 776 shares in the last quarter. Finally, Thrivent Financial for Lutherans grew its stake in Sonos by 1.0% during the second quarter. Thrivent Financial for Lutherans now owns 88,302 shares of the company’s stock worth $955,000 after purchasing an additional 833 shares during the period. Institutional investors and hedge funds own 85.82% of the company’s stock.

Sonos News Summary

Here are the key news stories impacting Sonos this week:

• Positive Sentiment: Sonos Ace headphones are being heavily discounted across Amazon and other retailers, suggesting strong promotional activity that could help drive near-term unit sales and keep the Sonos brand visible during a major shopping window. Sonos Ace Headphones Are 50% Cheaper Than AirPods Max After Quiet Price Drops on Amazon
• Positive Sentiment: Sonos announced it will report third-quarter fiscal 2026 results on July 29, giving investors a near-term catalyst and a chance for management to update the market on sales trends, margin progress, and restructuring plans. Sonos Announces Date for Third Quarter Fiscal 2026 Financial Results and Conference Call
• Neutral Sentiment: Several reports say consumers can buy Sonos Ace and Era 100 products at steep discounts, which may help clear inventory but also signals ongoing price promotions rather than pricing power. Sonos Ace wireless headphones are steeply discounted
• Negative Sentiment: Sonos reportedly laid off multiple senior design and product executives as part of a restructuring, raising concerns about leadership stability and whether the company can sustain product innovation after losing veteran talent. Sonos laid off some of its veteran product and design executives.

About Sonos

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.