Sonos (SONO) to Release Earnings on Wednesday

Sonos (NASDAQ:SONO) is expected to announce its Q3 2026 results before the market opens on Wednesday, July 29th. Analysts expect the company to post earnings of $0.20 per share and revenue of $365.6550 million for the quarter. Individuals may review the information on the company’s upcoming Q3 2026 earning results page for the latest details on the call scheduled for Wednesday, July 29, 2026 at 4:30 PM ET.

Sonos Price Performance

Shares of Sonos stock opened at $14.69 on Monday. Sonos has a 52 week low of $10.11 and a 52 week high of $19.82. The business has a 50 day moving average price of $14.76 and a 200-day moving average price of $14.77. The company has a market cap of $1.75 billion, a PE ratio of 86.42 and a beta of 1.96.

Wall Street Analysts Forecast Growth

SONO has been the subject of several recent research reports. Zacks Research downgraded Sonos from a “strong-buy” rating to a “hold” rating in a report on Monday, April 6th. Rosenblatt Securities restated a “buy” rating and set a $21.00 price objective 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 report on Thursday, May 7th. Finally, Wall Street Zen lowered shares of Sonos from a “strong-buy” rating to a “buy” rating in a research note on Saturday, May 2nd. Two equities research analysts have rated the stock with a Buy rating, two have assigned a Hold rating and one has assigned a Sell rating to the company. Based on data from MarketBeat.com, the stock has an average rating of “Hold” and an average price target of $20.00.

Hedge Funds Weigh In On Sonos

Institutional investors have recently modified their holdings of the business. Centaurus Financial Inc. increased its position in shares of Sonos by 6.6% during the third quarter. Centaurus Financial Inc. now owns 11,056 shares of the company’s stock valued at $175,000 after acquiring an additional 681 shares during the last quarter. State of Wisconsin Investment Board boosted its position in Sonos by 1.7% in the fourth quarter. State of Wisconsin Investment Board now owns 43,982 shares of the company’s stock worth $772,000 after purchasing an additional 724 shares during the last quarter. Thrivent Financial for Lutherans grew its stake in Sonos by 1.0% in the 2nd quarter. Thrivent Financial for Lutherans now owns 88,302 shares of the company’s stock valued at $955,000 after purchasing an additional 833 shares during the period. Captrust Financial Advisors grew its stake in Sonos by 5.1% in the 4th quarter. Captrust Financial Advisors now owns 23,288 shares of the company’s stock valued at $409,000 after purchasing an additional 1,130 shares during the period. Finally, Mercer Global Advisors Inc. ADV increased its position in shares of Sonos by 3.1% during the 4th quarter. Mercer Global Advisors Inc. ADV now owns 43,263 shares of the company’s stock valued at $760,000 after purchasing an additional 1,318 shares during the last quarter. 85.82% of the stock is owned by institutional investors.

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.