WallStreetZenWallStreetZen

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

Analyst price target for SONO

Based on 3 analysts offering 12 month price targets for Sonos Inc.
Min Forecast
$12.00-32.58%
Avg Forecast
$20.33+14.23%
Max Forecast
$25.00+40.45%

Should I buy or sell SONO stock?

Based on 3 analysts offering ratings for Sonos Inc.
Strong Buy
Strong Buy
2 analysts 66.67%
Buy
0 analysts 0%
Hold
1 analysts 33.33%
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
lockedlocked$00.00+00.00%2024-03-25
lockedlocked$00.00+00.00%2024-02-07
lockedlocked$00.00+00.00%2023-11-07

1 of 1

Forecast return on equity

Is SONO forecast to generate an efficient return?
Company
N/A
Industry
152.52%
Market
20.03%

Forecast return on assets

Is SONO forecast to generate an efficient return on assets?
Company
N/A
Industry
31.97%

SONO revenue forecast

What is SONO's revenue in the next 3 years based on estimates from 3 analysts?
Avg 1 year Forecast
$1.7B+3.43%
Avg 2 year Forecast
$1.8B+12.22%
Avg 3 year Forecast
$2.0B+24%
SONO's revenue is forecast to... subscribe to Premium to read more.
Forecast High Revenue Growth Forecast

SONO revenue growth forecast

How is SONO forecast to perform vs Consumer Electronics companies and vs the US market?
Company
6.37%
Industry
2.45%
Market
9.72%
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$17.80$20.33+14.23%Strong Buy
VZIO$10.78$10.50-2.60%Hold
LPL$3.96N/AN/A
HEAR$16.80$22.25+32.44%Strong Buy
GPRO$1.88$2.50+32.98%Sell

Sonos Stock Forecast FAQ

Is Sonos Stock a good buy in 2024, according to Wall Street analysts?

The consensus among 3 Wall Street analysts covering (NASDAQ: SONO) stock is to Strong Buy SONO stock.

Out of 3 analysts, 2 (66.67%) are recommending SONO as a Strong Buy, 0 (0%) are recommending SONO as a Buy, 1 (33.33%) 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 revenue growth forecast for 2024-2026?

(NASDAQ: SONO) Sonos's forecast annual revenue growth rate of 6.37% is forecast to beat the US Consumer Electronics industry's average forecast revenue growth rate of 2.45%, and while it is not forecast to beat the US market's average forecast revenue growth rate of 9.72%.

Sonos's revenue in 2024 is $1,595,545,000.On average, 3 Wall Street analysts forecast SONO's revenue for 2024 to be $204,365,720,250, with the lowest SONO revenue forecast at $203,678,391,595, and the highest SONO revenue forecast at $205,059,241,056. On average, 3 Wall Street analysts forecast SONO's revenue for 2025 to be $221,745,847,011, with the lowest SONO revenue forecast at $219,105,514,229, and the highest SONO revenue forecast at $226,158,373,136.

In 2026, SONO is forecast to generate $245,022,758,263 in revenue, with the lowest revenue forecast at $242,120,497,535 and the highest revenue forecast at $247,925,018,992.

What is SONO's forecast return on assets (ROA) for 2024-2026?

(NASDAQ: SONO) forecast ROA is N/A, which is lower than the forecast US Consumer Electronics industry average of 31.97%.

What is SONO's Price Target?

According to 3 Wall Street analysts that have issued a 1 year SONO price target, the average SONO price target is $20.33, with the highest SONO stock price forecast at $25.00 and the lowest SONO stock price forecast at $12.00.

On average, Wall Street analysts predict that Sonos's share price could reach $20.33 by Mar 25, 2025. The average Sonos stock price prediction forecasts a potential upside of 14.23% from the current SONO share price of $17.80.

What is SONO's forecast return on equity (ROE) for 2024-2026?

(NASDAQ: SONO) forecast ROE is N/A, which is considered weak.
WallStreetZen does not provide financial advice and does not issue recommendations or offers to buy stock or sell any security.

Information is provided 'as-is' and solely for informational purposes and is not advice. WallStreetZen does not bear any responsibility for any losses or damage that may occur as a result of reliance on this data.