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NASDAQ: SONO
Sonos Inc Stock Forecast, Predictions & Price Target

OverviewForecast
EarningsDividendOwnership

Analyst price target for SONO

Based on 2 analysts offering 12 month price targets for Sonos Inc.
Min Forecast
$19.00+23.38%
Avg Forecast
$21.50+39.61%
Max Forecast
$24.00+55.84%

Should I buy or sell SONO stock?

Based on 2 analysts offering ratings for Sonos Inc.
Buy
Strong Buy
1 analysts 50%
Buy
0 analysts 0%
Hold
1 analysts 50%
Sell
0 analysts 0%
Strong Sell
0 analysts 0%

Be the first to know when Wall Street analysts revise their SONO stock forecasts and price targets.

SONO stock forecasts by analyst

Analyst / FirmRatingActionPrice TargetUpside/DownsideDateAnalyst Color
DA Davidson
Top 2%
99
Strong BuyMaintains$24.00+55.84%2023-05-11
Morgan Stanley
Bottom 5%
5
HoldMaintains$19.00+23.38%2023-05-11

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Forecast return on equity

Is SONO forecast to generate an efficient return?
Company
49.2%
Industry
181.74%
Market
89.57%
SONO's Return on Equity is... subscribe to Premium to read more.
Forecast High Return on Equity Forecast

Forecast return on assets

Is SONO forecast to generate an efficient return on assets?
Company
28.47%
Industry
34.06%
SONO is forecast to generate... subscribe to Premium to read more.
Forecast Return on Assets vs Industry Forecast

SONO revenue growth forecast

How is SONO forecast to perform vs Consumer Electronics companies and vs the US market?
Company
15.99%
Industry
3.8%
Market
8.85%
SONO's revenues are forecast to... subscribe to Premium to read more.
Forecast Revenue Growth vs Industry Forecast
SONO's revenues are forecast to... subscribe to Premium to read more.
Forecast Revenue Growth vs Market Forecast

SONO vs Consumer Electronic Stocks

TickerPricePrice TargetUp/downsideConsensus
SONO$15.40$21.50+39.61%Buy
LPL$6.36N/AN/A
VZIO$6.49$13.00+100.31%Buy
IRBT$38.21N/AN/A
GPRO$4.23$5.30+25.30%Buy
View Top Consumer Electronic Stocks

Sonos Stock Forecast FAQ

Is Sonos Stock a good buy in 2023, according to Wall Street analysts?

The consensus among 2 Wall Street analysts covering (NASDAQ: SONO) stock is to Buy SONO stock.

Out of 2 analysts, 1 (50%) are recommending SONO as a Strong Buy, 0 (0%) are recommending SONO as a Buy, 1 (50%) are recommending SONO as a Hold, 0 (0%) are recommending SONO as a Sell, and 0 (0%) are recommending SONO as a Strong Sell.

If you're new to stock investing, here's how to buy Sonos stock.

What is SONO's forecast return on equity (ROE) for 2023-2025?

(NASDAQ: SONO) forecast ROE is 49.2%, which is considered strong.

What is SONO's Price Target?

According to 2 Wall Street analysts that have issued a 1 year SONO price target, the average SONO price target is $21.50, with the highest SONO stock price forecast at $24.00 and the lowest SONO stock price forecast at $19.00.

On average, Wall Street analysts predict that Sonos's share price could reach $21.50 by May 11, 2024. The average Sonos stock price prediction forecasts a potential upside of 39.61% from the current SONO share price of $15.40.

What is SONO's forecast return on assets (ROA) for 2023-2025?

(NASDAQ: SONO) forecast ROA is 28.47%, which is lower than the forecast US Consumer Electronics industry average of 34.06%.
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