SONO - Sonos Inc Stock Price, Fair Value and News

16.84USD-0.74 (-4.21%)Market Closed

Market Summary

USD16.84-0.74

Market Closed

-4.21%

SONO Alerts

1 major insider sales recently.

SONO Stock Price

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SONO RSI Chart

SONO Valuation

Market Cap

2.1B

Price/Earnings (Trailing)

-47.5

Price/Sales (Trailing)

1.34

EV/EBITDA

82.46

Price/Free Cashflow

13.61

SONO Price/Sales (Trailing)

SONO Profitability

EBT Margin

-1.80%

Return on Equity

-8.82%

Return on Assets

-4.71%

Free Cashflow Yield

7.35%

SONO Fundamentals

SONO Revenue

Revenue (TTM)

1.5B

Rev. Growth (Yr)

-16.93%

Rev. Growth (Qtr)

-58.77%

SONO Earnings

Earnings (TTM)

-43.6M

Earnings Growth (Yr)

-127.42%

Earnings Growth (Qtr)

-186.12%

Breaking Down SONO Revenue

Last 7 days

-0.2%

Last 30 days

-6.9%

Last 90 days

-7.4%

Trailing 12 Months

-22.7%

How does SONO drawdown profile look like?

SONO Financial Health

Current Ratio

1.92

SONO Investor Care

Buy Backs (1Y)

4.23%

Diluted EPS (TTM)

-0.35

Historical Charts for Stock Metrics

Get all data in R, Python etc through our Historical Stock Data APIs

Net sales

Year	Q1	Q2	Q3	Q4
2024	1.5B	0	0	0
2023	1.7B	1.7B	1.7B	1.6B
2022	1.8B	1.8B	1.8B	1.8B
2021	1.6B	1.7B	1.7B	1.7B
2020	1.3B	1.3B	1.3B	1.4B
2019	1.2B	1.2B	1.3B	1.3B
2018	1.1B	1.1B	1.1B	1.2B
2017	946.9M	969.7M	992.5M	1.1B
2016	0	0	901.3M	924.1M
2015	0	0	843.5M	0

Get all data in R, Python etc through our Historical Stock Data APIs

GRUFITY'S FAIR VALUE MODEL

Stocks Marked 'Very Cheap' by Grufity's Fair Value Model Have Outperformed Russell 2000 Index

Small Caps and Mid Caps are mostly overlooked by investors as all the focus goes to Magnificent 7. These stocks that are not part of the beauty contest require a deeper look. However, all large cap stocks were once small caps. Grufity's Fair Value model opens up this unverse as it separates high-performing, rewarding stocks from low-performing risky stocks. <b>Russell 2000 stocks that were marked 'Very Cheap' by the model doubled in three years while the index was flat.</b>

Returns of $10,000 invested in:

Very Cheap Stocks: $21,859
Russell 2000 Index: $10,334
Very Expensive Stocks: $8,224

Russell 2000 stocks considered 'Very Cheap' by the model greatly outperformed Russell 2000 index and the 'Very Expensive' bucket over past three years.

Russell 2000 Index

Very Expensive Stocks

Very Cheap Stocks

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Tracking the Latest Insider Buys and Sells of Sonos Inc

Filter Transactions

Datesorted ascending	Name	Buy/Sell	$ Value	Avg. Price	# Shares	Title
May 06, 2024	coles joanna	sold	-15,593	17.23	-905	-
Apr 10, 2024	mason christopher scott	acquired	225,500	11.275	20,000	principal accounting officer
Apr 10, 2024	mason christopher scott	sold	-352,400	17.62	-20,000	principal accounting officer
Apr 04, 2024	coles joanna	sold	-17,339	19.16	-905	-
Mar 11, 2024	genachowski julius	acquired	-	-	10,656	-
Mar 11, 2024	mildenhall jonathan	acquired	-	-	10,656	-
Mar 11, 2024	coles joanna	acquired	-	-	10,656	-
Mar 11, 2024	darrell bracken	acquired	-	-	10,656	-
Mar 11, 2024	boone karen	acquired	-	-	10,656	-
Mar 11, 2024	conrad thomas	acquired	-	-	10,656	-

Which funds bought or sold SONO recently?

View All Details

Datesorted ascending	Fund Name	Type	% Chg	$ Change	$ Held	% Portfolio
May 07, 2024	SEI INVESTMENTS CO	added	0.43	629,759	6,021,300	0.01%
May 07, 2024	WNY Asset Management, LLC	reduced	-7.18	11,431	366,486	0.06%
May 07, 2024	MEEDER ASSET MANAGEMENT INC	new	-	341,936	341,936	0.02%
May 07, 2024	Arizona State Retirement System	reduced	-4.07	38,980	622,786	-%
May 07, 2024	NEW YORK STATE COMMON RETIREMENT FUND	added	2.53	179,000	1,454,000	-%
May 07, 2024	Illinois Municipal Retirement Fund	new	-	1,402,000	1,402,000	0.02%
May 07, 2024	Swiss National Bank	reduced	-2.29	356,354	4,473,380	-%
May 07, 2024	Washington Trust Advisors, Inc.	unchanged	-	630	6,252	-%
May 07, 2024	SUSQUEHANNA INTERNATIONAL GROUP, LLP	reduced	-70.1	-481,541	239,813	-%
May 07, 2024	PANAGORA ASSET MANAGEMENT INC	new	-	9,763,700	9,763,700	0.05%

Are Funds Buying or Selling SONO?

Are funds buying SONO calls or puts?

Calls

Puts

No. of funds holding Calls - Puts

Net Call Options

No. of funds that own SONO

No. of Funds

SONO Alerts

1 major insider sales recently.

Unveiling Sonos Inc's Major ShareHolders

Date Filed	Name of Filer	Percent of Class	No. of Shares	Form Type
Feb 14, 2024	coliseum capital management, llc	3.5%	4,332,151	SC 13G/A
Feb 13, 2024	vanguard group inc	11.26%	14,087,443	SC 13G/A
Feb 09, 2024	trigran investments, inc.	5.7%	7,074,484	SC 13G
Jan 30, 2024	sancarin s.l.	0.00%	0	SC 13G/A
Jan 22, 2024	blackrock inc.	16.3%	20,369,832	SC 13G/A
Mar 10, 2023	coliseum capital management, llc	5.5%	6,957,984	SC 13G
Feb 14, 2023	sancarin s.l.	5.01%	6,379,985	SC 13G
Feb 14, 2023	coliseum capital management, llc	4.3%	5,453,835	SC 13G/A
Feb 09, 2023	vanguard group inc	11.08%	14,039,124	SC 13G/A
Jan 23, 2023	blackrock inc.	16.1%	20,391,852	SC 13G/A

Recent SEC filings of Sonos Inc

View All Filings

Date Filed	Form Type	Document
May 08, 2024	10-Q	Quarterly Report
May 08, 2024	4	Insider Trading
May 07, 2024	8-K	Current Report
May 06, 2024	144	Notice of Insider Sale Intent
Apr 12, 2024	4	Insider Trading
Apr 10, 2024	144	Notice of Insider Sale Intent
Apr 08, 2024	4	Insider Trading
Apr 04, 2024	144	Notice of Insider Sale Intent
Mar 13, 2024	4	Insider Trading
Mar 13, 2024	8-K	Current Report

Peers (Alternatives to Sonos Inc)

Name	Mkt Capsorted ascending	Revenue	Price %, 1M	Returns, 1Y	P/E	P/S	Rev 1-Yr	Inc 1-Yr
LARGE-CAP
AAPL	2.8T	381.6B	8.48%	6.39%	27.91	7.34	-0.90%	6.43%
APH	76.0B	12.8B	8.55%	68.36%	37.32	5.92	1.52%	6.35%
GLW	29.1B	12.4B	5.41%	8.89%	47.07	2.35	-9.51%	-33.28%
FTV	26.9B	6.1B	-9.14%	18.58%	29.94	4.39	3.71%	17.79%
FLEX	12.0B	29.4B	-0.73%	36.52%	15.97	0.41	-1.12%	-8.06%
MID-CAP
CGNX	8.0B	847.2M	13.06%	-6.48%	79.82	9.39	-8.39%	-42.67%
ARW	6.8B	31.3B	0.02%	8.31%	9.52	0.22	-14.93%	-46.67%
BMI	5.7B	740.8M	23.01%	40.65%	55.65	7.69	25.07%	42.99%
AVT	4.7B	24.7B	7.31%	25.87%	8.27	0.19	-6.09%	-33.76%
ESE	2.8B	968.8M	4.76%	14.23%	30.35	2.91	9.35%	8.73%
SMALL-CAP
CNXN	1.7B	2.8B	-2.49%	63.76%	20.44	0.61	-10.09%	0.74%
BHE	1.4B	2.8B	33.87%	92.41%	21.88	0.51	-4.25%	-5.27%
GPRO	258.4M	986.2M	-16.99%	-61.14%	-0.71	0.26	-6.21%	-5303.34%
AEY	29.7M	56.7M	-20.40%	19.88%	-3.8	0.59	-41.04%	-726.48%
CPSH	26.9M	26.4M	3.35%	-33.21%	34.98	1.02	-2.48%	-64.63%

Sonos Inc News

Latest updates

Sonos Inc Earnings Report: Key Takeaways & Analysis

Income Statement (Last 12 Months)

(In null)

Income Statement (Quarterly)
Description	(%) Q/Q	2024Q1	2023Q4	2023Q3	2023Q2	2023Q1	2022Q4	2022Q3	2022Q2	2022Q1	2021Q4	2021Q3	2021Q2	2021Q1	2020Q4	2020Q3	2020Q2	2020Q1	2019Q4	2019Q3	2019Q2	2019Q1
Revenue	-58.8%	253	613	305	373	304	673	316	372	400	664	360	379	333	646	340	249	175	562	294	260	210
Gross Profit	-60.4%	112	283	128	172	132	285	124	176	179	317	167	178	166	299	162	110	73.00	228	124	117	90.00
Operating Expenses	-9.8%	183	203	156	193	189	199	184	169	169	185	178	161	153	162	146	167	126	160	149	132	113
S&GA Expenses	-26.3%	62.00	84.00	59.00	67.00	64.00	79.00	73.00	64.00	60.00	84.00	73.00	67.00	57.00	74.00	58.00	77.00	51.00	77.00	71.00	61.00	49.00
R&D Expenses	1.4%	80.00	79.00	66.00	78.00	81.00	77.00	67.00	63.00	65.00	61.00	66.00	56.00	56.00	52.00	55.00	58.00	50.00	53.00	50.00	44.00	40.00
EBITDA Margin	-36.6%	0.01*	0.02*	0.03*	0.01*	0.02*	0.05*	0.06*	0.09*	0.10*	0.10*	0.11*	0.13*	-	-	-	-	-	-	-	-	-
Interest Expenses	16.2%	0.00	0.00	0.00	0.00	0.00	0.00	0.00	0.00	0.00	0.00	0.00	0.00	0.00	0.00	0.00	0.00	0.00	0.00	1.00	1.00	1.00
Income Taxes	-106.2%	-0.74	12.00	-1.33	6.00	-26.40	37.00	-3.44	-2.10	-0.77	8.00	-5.13	1.00	-6.50	9.00	-0.02	0.00	-1.80	2.00	1.00	1.00	-0.21
Earnings Before Taxes	-175.8%	-70.45	93.00	-32.55	-17.72	-57.03	112	-67.53	-2.66	8.00	131	-13.85	19.00	11.00	141	18.00	-56.83	-54.13	72.00	-28.98	-13.18	-23.04
EBT Margin	-99.9%	-0.02*	-0.01*	0.00*	-0.02*	-0.01*	0.03*	0.04*	0.07*	0.08*	0.08*	0.09*	0.11*	-	-	-	-	-	-	-	-	-
Net Income	-186.1%	-69.71	81.00	-31.24	-23.57	-30.65	75.00	-64.07	-0.60	9.00	123	-8.74	18.00	17.00	132	18.00	-56.98	-52.32	71.00	-29.60	-14.01	-22.82
Net Income Margin	-897.2%	-0.03*	0.00*	-0.01*	-0.03*	-0.01*	0.01*	0.04*	0.07*	0.08*	0.09*	0.09*	0.11*	-	-	-	-	-	-	-	-	-
Free Cashflow	-145.1%	-121	269	12.00	-7.79	-121	168	-125	-16.00	-106	174	-4.25	56.00	-	-	-	-	-	-	-	-	-

Balance Sheet

(In Millions)

(*) denotes actual numbers (not divided by Millions)
Balance Sheet																					(In Millions)
Description	(%) Q/Q	2024Q1	2023Q4	2023Q3	2023Q2	2023Q1	2022Q4	2022Q3	2022Q2	2022Q1	2021Q4	2021Q3	2021Q2	2021Q1	2020Q4	2020Q3	2020Q2	2020Q1	2019Q4	2019Q3	2019Q2	2019Q1
Assets	-16.6%	926	1,110	1,002	1,065	1,059	1,207	1,188	1,243	1,226	1,373	1,139	1,084	1,048	1,067	816	645	639	874	762	644	554
Current Assets	-23.2%	583	759	660	708	737	882	867	923	1,011	1,160	958	912	880	901	660	487	464	689	679	566	479
Cash Equivalents	-47.4%	246	467	220	268	295	432	275	440	607	754	640	671	639	678	407	329	283	409	339	338	295
Inventory	3.8%	180	173	347	298	326	306	454	336	264	205	185	147	140	88.00	181	88.00	112	113	220	121	104
Net PPE	1.6%	88.00	87.00	87.00	94.00	87.00	85.00	86.00	76.00	72.00	69.00	71.00	72.00	66.00	64.00	61.00	65.00	75.00	81.00	78.00	73.00	72.00
Goodwill	-1.2%	81.00	82.00	80.00	82.00	82.00	81.00	77.00	80.00	44.00	22.00	16.00	16.00	16.00	16.00	16.00	16.00	16.00	-	1.00	-	-
Liabilities	-16.3%	432	516	484	475	446	574	628	600	555	693	570	497	469	557	518	383	339	507	481	355	267
Current Liabilities	-19.4%	303	376	354	345	352	478	536	505	464	599	476	401	371	456	393	258	213	375	402	276	186
Long Term Debt	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	18.00	20.00	22.00	23.00	25.00	28.00	30.00
LT Debt, Non Current	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	18.00	20.00	22.00	23.00	25.00	28.00	30.00
Shareholder's Equity	-16.9%	494	594	519	590	613	633	561	643	672	680	569	587	579	510	298	261	300	367	281	288	287
Retained Earnings	-102.3%	-1.55	68.00	-12.79	18.00	42.00	73.00	-2.51	62.00	62.00	54.00	-69.90	-61.15	-78.98	-96.20	-228	-246	-189	-137	-208	-178	-164
Additional Paid-In Capital	1.5%	578	569	607	609	614	606	617	649	648	683	690	699	685	633	549	562	542	524	503	480	464
Shares Outstanding	-1.1%	124	125	125	128	128	127	127	128	128	128	122	121	-	-	-	-	-	-	-	-	-
Float	-	-	-	-	-	1,546	-	-	-	2,518	-	-	-	3,937	-	-	-	881	-	-	-	761

Cashflow (Last 12 Months)

(In Thousands)

Cashflow (Quarterly)																					(In Thousands)
Description	(%) Q/Q	2024Q1	2023Q4	2023Q3	2023Q2	2023Q1	2022Q4	2022Q3	2022Q2	2022Q1	2021Q4	2021Q3	2021Q2	2021Q1	2020Q4	2020Q3	2020Q2	2020Q1	2019Q4	2019Q3	2019Q2	2019Q1
Cashflow From Operations	-140.4%	-111,244	275,401	22,195	8,887	-112,962	182,286	-103,917	-6,717	-97,560	179,934	6,485	70,788	-38,560	214,513	78,835	47,783	-83,472	118,840	9,700	45,831	-26,945
Share Based Compensation	22.3%	23,673	19,358	17,308	18,329	21,025	20,195	18,177	18,779	21,225	17,459	15,372	15,548	16,363	14,844	15,972	15,040	13,394	13,204	13,050	13,407	11,086
Cashflow From Investing	-812.7%	-55,466	-6,077	-10,201	-16,682	-8,714	-14,689	-21,270	-108,596	-9,310	-33,456	-10,739	-14,865	-8,594	-11,333	-3,130	-4,105	-10,553	-51,536	-9,130	-6,005	-2,715
Cashflow From Financing	-127.5%	-53,896	-23,691	-59,657	-18,266	-15,353	-15,316	-36,083	-45,419	-37,814	-30,944	-24,963	-24,733	10,276	64,387	20.00	1,449	-29,784	1,224	1,279	2,821	17,901
Buy Backs	124.7%	52,766	23,484	62,242	5,715	9,823	15,043	74,868	10,811	10,720	11,882	21,712	16,054	13,703	5,118	30,106	2,007	2,444	2,152	1,594	266	566

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SONO Income Statement

2023-12-30

CONDENSED CONSOLIDATED STATEMENTS OF OPERATIONS AND COMPREHENSIVE INCOME - USD ($) $ in Thousands	3 Months Ended
	Dec. 30, 2023	Dec. 31, 2022
Income Statement [Abstract]
Revenue	$ 612,869	$ 672,579
Cost of revenue	330,190	387,522
Gross profit	282,679	285,057
Operating expenses
Research and development	79,235	76,940
Sales and marketing	83,950	78,696
General and administrative	39,799	43,117
Total operating expenses	202,984	198,753
Operating income	79,695	86,304
Other income, net
Interest income	3,075	1,967
Interest expense	(105)	(158)
Other income, net	10,274	23,576
Total other income, net	13,244	25,385
Income before provision for income taxes	92,939	111,689
Provision for income taxes	11,992	36,501
Net income	80,947	75,188
Net income attributable to common stockholders:
Net Income (Loss)	$ 80,947	$ 75,188
Basic (in USD per share)	$ 0.65	$ 0.59
Diluted (in USD per share)	$ 0.64	$ 0.57
Weighted-average shares used in computing net income per share attributable to common stockholders:
Basic (in shares)	125,181,717	127,212,245
Diluted (in shares)	126,742,153	131,502,986
Total comprehensive income
Net income	$ 80,947	$ 75,188
Change in foreign currency translation adjustment	(863)	(7,226)
Comprehensive income	$ 80,084	$ 67,962

SONO Balance Sheet

2023-12-30

CONDENSED CONSOLIDATED BALANCE SHEETS - USD ($) $ in Thousands	Dec. 30, 2023	Sep. 30, 2023
Current assets:
Cash and cash equivalents	$ 467,342	$ 220,231
Accounts receivable, net	80,811	67,583
Inventories	173,043	346,521
Prepaids and other current assets	37,690	25,296
Total current assets	758,886	659,631
Property and equipment, net	86,816	87,075
Operating lease right-of-use assets	53,857	48,918
Goodwill	82,288	80,420
Intangible assets, net:
In-process research and development	72,846	69,791
Other intangible assets	18,745	20,218
Deferred tax assets	1,714	1,659
Other noncurrent assets	34,838	34,529
Total assets	1,109,990	1,002,241
Current liabilities:
Accounts payable	176,365	187,981
Accrued expenses	97,992	89,717
Accrued compensation	28,018	22,079
Deferred revenue, current	20,943	20,188
Other current liabilities	52,683	34,253
Total current liabilities	376,001	354,218
Operating lease liabilities, noncurrent	60,622	54,956
Deferred revenue, noncurrent	64,962	60,650
Deferred tax liabilities	10,192	9,846
Other noncurrent liabilities	3,804	3,914
Total liabilities	515,581	483,584
Commitments and contingencies (Note 7)
Stockholders’ equity:
Common stock, $0.001 par value	127	130
Treasury stock	(38,856)	(72,586)
Additional paid-in capital	569,286	607,345
Retained earnings (accumulated deficit)	68,159	(12,788)
Accumulated other comprehensive loss	(4,307)	(3,444)
Total stockholders’ equity	594,409	518,657
Total liabilities and stockholders’ equity	$ 1,109,990	$ 1,002,241

About Sonos Inc

Sonos, Inc., together with its subsidiaries, designs, develops, manufactures, and sells multi-room audio products in the Americas, Europe, the Middle East, Africa, and the Asia Pacific. The company provides wireless speakers, home theater speakers, components, and accessories. It offers its products through approximately 10,000 third-party retail stores, including custom installers of home audio systems; and e-commerce retailers, as well as through its Website sonos.com. The company was formerly known as Rincon Audio, Inc. and changed its name to Sonos, Inc. in May 2004. Sonos, Inc. was incorporated in 2002 and is headquartered in Santa Barbara, California.

CEO	Mr. Patrick Spence
WEBSITE	sonos.com
INDUSTRY	Consumer Electronics
EMPLOYEES	1844

Sonos Inc Frequently Asked Questions

What is the ticker symbol for Sonos Inc? What does SONO stand for in stocks?

SONO is the stock ticker symbol of Sonos Inc. Every public company that trades on a stock exchange gets a ticker symbol.

What is the market capital of Sonos Inc (SONO)?

As of Wed May 08 2024, market cap of Sonos Inc is 2.09 Billion. The market capitalization is calculated by multiplying the stock price with the number of shares outstanding.

What is the fair value of SONO stock?

You can check SONO's fair value in chart for subscribers.

What is the fair value of SONO stock?

You can check SONO's fair value in chart for subscribers. The fair value of Sonos Inc is provided for various growth and macro-economic scenarios from very pessimiatic to very optimistic assumptions. These fair values are estimates from Grufity's Fair Value model based on company's past performance. However, past performance of Sonos Inc is no guarantee of future performance. These fairvalue estimates should only be used as one of the inputs in your stock analysis. We provide model's historical fair value estimates for SONO so that you know how good or bad the model has been in the past so you can discard it if needed. There are others that provide fair values of stocks such as wallmine, finbox, gurufocus and finviz. Most provide point in time estimates. We provide a history of our models fair value estimates so that you can get a sense of it's usefulness. Otherwise this data point is of little use.

Is Sonos Inc a good stock to buy?

The fair value guage provides a quick view whether SONO is over valued or under valued. Whether Sonos Inc is cheap or expensive depends on the assumptions which impact Sonos Inc's fair value. We provide several scenarios of inflation and growth to encompass these range of assumptions for SONO.

What is Sonos Inc's Price to Earnings (PE) and Price to sales (PS) ratio?

As of Wed May 08 2024, SONO's PE ratio (Price to Earnings) is -461.91 and Price to Sales (PS) ratio is 1.31. The price to earnings and price to sales ratio are two most important valuation metrics for any company. PE ratio tell us the number of years of earnings investors are ready to pay for owning the company. Historically, S&P500 price to earnings ratio has fallen below 12 during periods of gloom and gone past 30 during periods of euphoria. SONO PE ratio will change depending on the future growth rate expectations of investors.