
Sonos (SONO) Stock Forecast & Price Target
Sonos (SONO) Analyst Ratings
Bulls say
Sonos is well-positioned for future growth and margin expansion, thanks to a combination of cost-cutting measures, successful product launches, and strategic partnerships. With a strong focus on user satisfaction and innovation, Sonos has been able to drive up product ownership and introduce new products that appeal to a wide range of consumers. Their strong balance sheet and ability to generate free cash flow also bode well for future financial performance.
Bears say
Sonos is experiencing a decline in revenues in the current quarter, with guidance implying a 13% decline in revenue at the midpoint due to the absence of previous year's product launches. Despite this, the company is poised for potential growth in the second half of the year with new product launches, which could lead to earnings upside. Sonos has maintained strong margins, with a projected 45%-47% gross margin and 22% adjusted EBITDA margins in the current quarter.
This aggregate rating is based on analysts' research of Sonos and is not a guaranteed prediction by Public.com or investment advice.
Sonos (SONO) Analyst Forecast & Price Prediction
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