SONO stock icon

Sonos
SONO

$14.82
1.51%
 

About: Sonos Inc is engaged in providing home sound systems. The company's product profile includes speaker sets and other accessories like boost, mounts, stands, and cables and networking. Geographically, the company operates in the Americas, Europe, the Middle East and Africa, and the Asia Pacific. Generating a majority of its revenue from the Americas.

Employees: 1,867

0
Funds holding %
of 6,702 funds
0
Analysts bullish %
of 4 analysts
0
News positive %
of 4 articles

Fund manager confidence

Based on 2024 Q1 SEC filings by fund managers ($100M+ AUM)

82% more call options, than puts

Call options by funds: $20.6M | Put options by funds: $11.3M

42% more first-time investments, than exits

New positions opened: 61 | Existing positions closed: 43

11% more capital invested

Capital invested by funds: $1.84B [Q4 2023] → $2.05B (+$206M) [Q1 2024]

7% more funds holding

Funds holding: 253 [Q4 2023] → 271 (+18) [Q1 2024]

0.96% more ownership

Funds ownership: 85.85% [Q4 2023] → 86.81% (+0.96%) [Q1 2024]

28% less repeat investments, than reductions

Existing positions increased: 68 | Existing positions reduced: 94

33% less funds holding in top 10

Funds holding in top 10: 3 [Q4 2023] → 2 (-1) [Q1 2024]

Research analyst outlook

4 Wall Street Analysts provided 1 year price forecasts over the past 6 months

Low target
$24
62%
upside
Avg. target
$24
64%
upside
High target
$25
69%
upside

4 analyst ratings

positive
100%
neutral
0%
negative
0%
Rosenblatt
Steve Frankel
62%upside
$24
Buy
Reiterated
25 Mar 2024
Rosenblatt
Steve Frankel
62%upside
$24
Buy
Reiterated
12 Mar 2024
Morgan Stanley
Erik Woodring
69%upside
$25
Overweight
Maintained
7 Feb 2024
Rosenblatt
Steve Frankel
62%upside
$24
Buy
Maintained
7 Feb 2024

Financial journalist opinion

Based on 4 articles about SONO published over the past 30 days